World's richest moving: Why fled 142,000 millionaires in the West? Where are they going?

A historical shift is among the richest individuals in the world, with a record number of millionaires who prefer to migrate in search of better financial opportunities and greater stability. This year, about 142,000 millionaires are planning to relocate, a number expected to rise to 165,000 next year, reports Henley Private Wealth Migration Report 2025. This movement, called the ‘big wealth migration’, is driven by recent geopolitical instability, macroeconomic challenges and the shift of sociopolitical land. Where do the millionaires go? While traditional destinations such as Switzerland, the United States and the United Arab Emirates (UAE) remain popular among wealthy people, a lesser-known Eastern European Land-Montenegro has emerged than the world’s fast-growing millionaire center. Over the past decade, the millionaire population has risen by 124% to 2800 individuals, the report said. This rapid growth is attributed to various key factors: Fiscal flexibility: Montenegro’s low-tax regime, with flat income tax and no heritage or gift tax, made it very attractive to wealth conservation. Lifestyle Appeal: The country offers luxury real estate offers and an attractive Mediterranean lifestyle. Golden Passport Program: The former Balkan Nation investment program, which has since terminated, played an important role in attracting a crowd of wealthy individuals and families. Other top destinations for the relocation of the UAE are still attracting individuals with high net value, which is about 9,800 millionaires on the Internet this year, which are most in any country. The nation is attractive because of its political stability, business-friendly environment and its own Golden Visa program, Fortune reports. Wealth value in US dollars other countries such as Malta and Poland is also experiencing significant increases in millionaire growth. Wealth migrates from Western Europe as opposed to the boom in millionaires moving to places such as Montenegro and the UAE, many established European countries experience an important outflow of their richest citizens. This year is the first time in a decade that a European country, the United Kingdom (UK), is leading the world in millionaire. It is estimated that 16,500 millionaires, which represent about $ 91.8 billion to wealth, will leave the British Isles this year. This decline is related to the fallout of Brexit, political uncertainty and recent changes to tax rules that are not domicile. Millionaire outflow by Landland Millionaire Migration (2025) est. Wealth of Migrating Millionaires (2025) Millionaires Growth (2014-2024) UK -16,500 $ 91.8 Bn -9% China -7,800 $ 55.9 BN 74% India -3,500 $ 26.2 Bn 72% South Korea -2,400 $ 15.2 Bn 17% Russian Federation -1.500 $ 14 BN -25% Brazil -1,200 $ 8.4 billion -18% France -800 $ 4.4 billion 7% Spain -500 $ 3.1 billion 3% Germany -400 $ 2.2 billion 10% Israel -350 $ 2.5 billion 35% Source: Henley & Partners “Despite this outgoing golf, the UK remains a desired destination for the current Trump Administration. Particular Americans who were not with the current Trump administration, ‘the particles have been disclosed. Other major European economies such as France, Spain and Germany also show worrying signs of wealth migration.