<p>Imagine you are a millionaire and given an opportunity to reside in any country of your choice, then which destination would you prefer? Interestingly, for many people, regardless of their wealth, the saying often holds true: "the grass is greener on the other side." Citizens of one country often dream of living in another country, while foreigners may aspire to settle in that very nation, as individuals everywhere face some dissatisfaction with their home country.</p><p>According to the Henley Private Wealth Migration Report 2025, a wave of mass movement of several millionaires were witnessed in the year, which made a significant shift in wealth distribution and international mobility. The relocation comes following the destinations offering favourable tax regimes, better political stability, law and order and high living standards. Several were also motivated by lifestyle factors such as safety, climate, healthcare, and access to global markets. As per the data, the UAE has witnessed the highest numbers of inflows of millionaires in the world from 2014-24 as compared to the USA.</p><h3>Here are the top 10 destinations for the most millionaires who embraced it with their open hearts:</h3><h3>10. Australia</h3><p>The Henley Private Wealth Migration Report 2025 confirmed that Australia witnessed inflows of 1,000 millionaires due to its strong economy, appealing climate, and access to world-class amenities. Cities such as Melbourne and Sydney offer a conducive environment for greater opportunity and lifestyle.</p><h3>9. Canada</h3><p>Drawn by political stability, high-quality public services, and welcoming immigration policies, Canada has also experienced inflows of 1,000 millionaires. The multicultural atmosphere and focus on better education and innovation continue to attract global wealth.</p><h3>8. Greece</h3><p>In 2025, Greece welcomed 1,200 millionaires, drawn by real estate-linked residency benefits. The country’s Mediterranean allure, EU access, and recovering economy make it appealing both for lifestyle and investment.</p><h3>7. Portugal</h3><p>Portugal saw 1,400 millionaires move in, attracted by investor-friendly visa schemes and a laid-back coastal lifestyle. Its affordable living, pleasant climate, and scenic cities make it a popular choice.</p><h3>6. Singapore</h3><p>Singapore added 1,600 high-net-worth individuals, thanks to its status as a low-tax global finance hub with excellent governance. Its cleanliness, strategic location, and efficiency continue to attract Asia’s elite.</p><h3>5. Saudi Arabia</h3><p>Saudi Arabia drew 2,400 millionaires amid rapid economic transformation and massive infrastructure developments. The kingdom’s shift towards becoming a business-friendly hub is luring wealthy investors.</p><h3>4. Switzerland</h3><p>With 3,000 new millionaires, Switzerland remains a favourite for wealth preservation. Its safety, strong currency, discreet financial services, and high living standards keep it among the top destinations.</p><h3>3. Italy</h3><p>Italy attracted 3,600 millionaires, largely due to a flat-tax system for new residents. Cities like Milan and Rome, combined with cultural richness and scenic charm, enhance the appeal to attract wealthy individuals.</p><h3>2. United States</h3><p>The US added 7,500 millionaires, maintaining its status as a global magnet for the rich. Its economic vitality, legal protections, innovation ecosystem, and quality of life continue to draw in wealth.</p><h3>1. United Arab Emirates</h3><p>Topping the list, the UAE witnessed 9,800 millionaires relocate in 2025. Its zero-tax environment, luxury lifestyle, and booming financial centres like Dubai and Abu Dhabi make it the most sought-after destination in the world for millionaires.<br>&nbsp;</p>

A wave of mass movement of several millionaires was witnessed in 2025, which made a significant shift in wealth distribution and international mobility, according to the Henley Private Wealth Migration Report.

Imagine you are a millionaire and given an opportunity to reside in any country of your choice, then which destination would you prefer? Interestingly, for many people, regardless of their wealth, the saying often holds true: "the grass is greener on the other side." Citizens of one country often dream of living in another country, while foreigners may aspire to settle in that very nation, as individuals everywhere face some dissatisfaction with their home country. According to the Henley Private Wealth Migration Report 2025, a wave of mass movement of several millionaires were witnessed in the year, which made a significant shift in wealth distribution and international mobility. The relocation comes following the destinations offering favourable tax regimes, better political stability, law and order and high living standards. Several were also motivated by lifestyle factors such as safety, climate, healthcare, and access to global markets. As per the data, the UAE has witnessed the highest numbers of inflows of millionaires in the world from 2014-24 as compared to the USA. Here are the top 10 destinations for the most millionaires who embraced it with their open hearts: 10. Australia The Henley Private Wealth Migration Report 2025 confirmed that Australia witnessed inflows of 1,000 millionaires due to its strong economy, appealing climate, and access to world-class amenities. Cities such as Melbourne and Sydney offer a conducive environment for greater opportunity and lifestyle. 9. Canada Drawn by political stability, high-quality public services, and welcoming immigration policies, Canada has also experienced inflows of 1,000 millionaires. The multicultural atmosphere and focus on better education and innovation continue to attract global wealth. 8. Greece In 2025, Greece welcomed 1,200 millionaires, drawn by real estate-linked residency benefits. The country’s Mediterranean allure, EU access, and recovering economy make it appealing both for lifestyle and investment. 7. Portugal Portugal saw 1,400 millionaires move in, attracted by investor-friendly visa schemes and a laid-back coastal lifestyle. Its affordable living, pleasant climate, and scenic cities make it a popular choice. 6. Singapore Singapore added 1,600 high-net-worth individuals, thanks to its status as a low-tax global finance hub with excellent governance. Its cleanliness, strategic location, and efficiency continue to attract Asia’s elite. 5. Saudi Arabia Saudi Arabia drew 2,400 millionaires amid rapid economic transformation and massive infrastructure developments. The kingdom’s shift towards becoming a business-friendly hub is luring wealthy investors. 4. Switzerland With 3,000 new millionaires, Switzerland remains a favourite for wealth preservation. Its safety, strong currency, discreet financial services, and high living standards keep it among the top destinations. 3. Italy Italy attracted 3,600 millionaires, largely due to a flat-tax system for new residents. Cities like Milan and Rome, combined with cultural richness and scenic charm, enhance the appeal to attract wealthy individuals. 2. United States The US added 7,500 millionaires, maintaining its status as a global magnet for the rich. Its economic vitality, legal protections, innovation ecosystem, and quality of life continue to draw in wealth. 1. United Arab Emirates Topping the list, the UAE witnessed 9,800 millionaires relocate in 2025. Its zero-tax environment, luxury lifestyle, and booming financial centres like Dubai and Abu Dhabi make it the most sought-after destination in the world for millionaires.

<p>A wave of mass movement of several millionaires was witnessed in 2025, which made a significant shift in wealth distribution and international mobility, according to the Henley Private Wealth Migration Report.</p>

Where are the world’s millionaires moving in 2025? Here are the top 10 destinations

1.42 lakh millionaires to relocate abroad in 2025! What are the top 5 countries they’re moving to?

 A record 1,42,000 millionaires expected to relocate internationally in 2025, according to the newly released Henley Private Wealth Migration Report 2025. Around 3,500 Indian millionaires are expected to move overseas.


The United Arab Emirates is expected to attract the largest number of millionaires globally in 2025, with a projected net inflow of 9,800 high-net-worth individuals (HNWIs).Favourable tax laws, political stability, world-class infrastructure, and the UAE’s long-term Golden Visa scheme make it a leading choice.

The United States is forecast to welcome 7,500 millionaires this year, maintaining its appeal through the EB-5 Immigrant Investor Program. This visa scheme, which has already brought in over $50 billion in foreign direct investment, continues to be a preferred path for wealthy individuals.



Italy ranks third in net millionaire inflows, set to welcome 3,600 millionaires. Its investor visa scheme and favourable residency programmes, combined with lifestyle factors, have made it increasingly popular.



Switzerland attracts with stability and banking


Switzerland remains a steady magnet for global wealth, drawing millionaires with its stable economy, private banking sector, and attractive lump-sum taxation regime. Switzerland will welcome 3,000 millionaires.



Saudi Arabia is projected to receive over 2,400 inbound millionaires in 2025, an eight-fold increase from last year. The inflow is driven by returning nationals and growing foreign interest.

While, for India, the figure has declined from 4,300 in 2024 to 3,500 in 2025, the financial outflow of 2.19 lakh crore (approx. $26.2 billion) in investable wealth is projected to exit the country.

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Where are the world’s millionaires moving in 2025? Here are the top 10 destinations

1.42 lakh millionaires to relocate abroad in 2025! What are the top 5 countries they’re moving to?