The World’s Millionaires Pack Their Bags : Heading for New Paradises
- Antoine.C
- Aug 25
- 2 min read
The World’s Millionaires Pack Their Bags: Heading for New Paradises
In 2025, a global phenomenon of great magnitude is unfolding: more than 165,000 millionaires are expected to change countries. This massive migration of high-net-worth individuals reflects strategic choices driven by taxation, lifestyle, and investment opportunities.
The World’s Millionaires Pack Their Bags: Heading for New Paradises
The Top Winners in the Global Millionaire Migration
At the top of the ranking, the United Arab Emirates stand out as the ultimate destination. With nearly 9,800 millionaires expected in 2025, the country captivates with its absence of income tax, its luxurious lifestyle, and its status as a global business hub.
The United States ranks second, with a net inflow of 7,500 millionaires, reaffirming its reputation as a land of opportunity. Italy completes the podium (+3,600), benefiting from a favorable tax regime tailored to affluent new residents. Other European nations such as Switzerland (+3,000), Portugal (+1,400), and Greece (+1,200) continue to attract wealthy individuals with their enviable lifestyles and appealing fiscal frameworks. Australia, Canada, and Singapore also remain among the most sought-after destinations.
Thailand, with an anticipated gain of +400 millionaires, is emerging as an exciting new hotspot. Combining its tropical climate, competitive cost of living, and growing appeal among international investors, the country is establishing itself as a rising hub in Southeast Asia.
The Great Losers: When Wealth Walks Away
Conversely, some countries are experiencing a true exodus. The United Kingdom tops the list of departures, with an estimated 15,500 millionaires expected to leave in 2025. China (-7,800) and India (-3,500) are also facing substantial losses, reflecting an economic and political climate perceived as uncertain by the wealthy elite. Other major economies, including Russia (-800), France (-1,500), and South Korea (-2,400), are likewise witnessing their financial elites relocate to environments considered more stable and advantageous.
Why This Great Movement ?
Three main factors explain this phenomenon:
Taxation: The absence or the light burden of income and inheritance taxes serves as a powerful magnet for great fortunes.
Political and Economic Stability: Millionaires favor secure environments where their wealth and legacy can be safeguarded.
Quality of Life and Global Mobility: Climate, world-class infrastructure, safety, and international connectivity play a decisive role.
A Global Wealth Map in Transformation
This geographic redistribution of millionaires could reshape the very poles of global wealth. Attractive destinations are strengthening their role as financial and innovation hubs, while those losing their elites risk seeing their economic dynamism erode.
In 2025, one thing is certain: money moves swiftly, and millionaires have no hesitation in boarding for new horizons
