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Millionaire Migration Boom: 142,000 Wealthy Relocate Globally in 2025
6 Sep
Summary
- 142,000 millionaires expected to relocate globally in 2025
- UAE, US, and Italy top desirable migration destinations
- Luxury capitals shift, with Singapore as the most expensive city for the wealthy
According to the Henley Private Wealth Migration Report 2025, the year 2025 is set to witness a significant migration of the wealthy, with an estimated 142,000 millionaires expected to relocate globally. This reflects a deepening perception among the affluent that greater opportunities, freedom, and stability lie beyond their current residences.
The report highlights the UAE, United States, and Italy as the top three most desirable destinations for these high net worth individuals. The UAE, in particular, is poised to welcome around 9,800 millionaires, while Italy and the US are projected to attract 3,600 and over 7,000 personalities, respectively. This migration trend not only marks a shift in real estate patterns but also revolutionizes entrepreneurial values.
Interestingly, the landscape of luxury capitals is also undergoing a transformation. In 2025, Singapore emerges as the most expensive city in the world for the wealthy, surpassing London, Hong Kong, and Monaco, which round out the top five. Other cities like Zurich, Shanghai, Dubai, New York, Paris, and Milan also rank among the most luxurious destinations for the elite.
