{"id":25901,"date":"2025-06-24T16:44:21","date_gmt":"2025-06-24T09:44:21","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=25901"},"modified":"2025-06-24T16:44:21","modified_gmt":"2025-06-24T09:44:21","slug":"millionaires-on-the-move-uk-braces-for-historic-wealth-flight-as-global-migration-peaks","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=25901","title":{"rendered":"Millionaires on the Move: UK Braces for Historic Wealth Flight as Global Migration Peaks"},"content":{"rendered":"

LONDON<\/span>, June 24, 2025<\/span> \/PRNewswire\/ —\u00a0A record-breaking\u00a0142,000<\/a> millionaires are projected to relocate this year, with the UK expected to see the largest net outflow of high-net-worth individuals by any country since international investment migration advisory firm Henley & Partners<\/a> and global wealth intelligence firm New World Wealth<\/a> began tracking millionaire migration 10 years ago.<\/p>\n

According to the Henley Private Wealth Migration Report 2025<\/a>, the UK is forecast to lose a staggering \u201316,500<\/a> millionaires in 2025 \u2014 more than double the anticipated\u00a0\u20137,800 net outflow from China, ranked 2nd<\/sup> this year after topping the millionaire-loser leaderboard for the past decade. In stark contrast, the UAE retains its crown as the world’s leading wealth magnet, with a record net inflow of +9,800<\/a> relocating millionaires expected this year \u2014 over 2,000 more than the US in 2nd<\/sup> place. +7,500 new wealthy migrants are forecast to make America home by year-end.<\/p>\n

Dr. Juerg Steffen<\/a>, CEO at Henley & Partners, says “2025 marks a pivotal moment. For the first time in a decade of tracking, a European country leads the world in millionaire outflows. This isn’t just about changes to the tax regime. It reflects a deepening perception among the wealthy that greater opportunity, freedom, and stability lie elsewhere. The long-term implications for Europe and the UK’s economic competitiveness and investment appeal are significant.”<\/p>\n

For the first time, EU heavyweights France, Spain, and Germany are also expected to see net HNWI losses in 2025 \u2014 with projected net outflows of \u2013800, \u2013500, and \u2013400<\/a> millionaires, respectively. Ireland (\u2013100), Norway (\u2013150), and Sweden (\u201350) are beginning to see significant wealth losses too, with many affluent Europeans relocating to more investor-friendly hubs on the continent.<\/p>\n

Global winners: Where the wealth is heading<\/b> <\/p>\n

Key beneficiaries of this trend are Switzerland<\/a>, set to attract a net gain of +3,000<\/a> migrating millionaires this year, while Italy<\/a>, Portugal<\/a>, and Greece<\/a> are also forecast to see record inflows of +3,600, +1,400 and +1,200, respectively \u2014 driven by favorable tax regimes, lifestyle appeal, and active investment migration programs<\/a>.<\/p>\n

Outside of Europe, Saudi Arabia is the biggest riser on this year’s inbound list, projected to see a net inflow of +2,400<\/a> new millionaires. Traditional destinations such as Singapore<\/a> (+1,600<\/a>), Australia<\/a> (+1,000), Canada<\/a> (+1,000), and New Zealand<\/a> (+150) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025. Thailand<\/a> (+450) is rapidly emerging as Southeast Asia’s new safe haven, with Bangkok positioning itself as a key rival to Singapore.<\/p>\n

Hong Kong<\/a> (+800<\/a>) and Japan (+600) are forecast to enjoy higher HNWI inflows this year, while Central American and Caribbean jurisdictions \u2014 including Costa Rica<\/a> (+350<\/a>), Panama<\/a> (+300), the Cayman Islands (+200), and Bermuda (+50) \u2014 are all set to attract record numbers of wealthy migrants to their shores. Three African nations \u2014 Morocco (+100), Mauritius<\/a> (+100), and the Seychelles (+50) \u2014 make it onto the inbound millionaire migration rankings for 2025.\u00a0\u00a0<\/p>\n

Global losers: Where the wealth is leaving<\/b> <\/p>\n

In Asia, South Korea is expected to see significant net outflows of HNWIs (\u20132,400<\/a>), more than double last year’s figure. Vietnam (\u2013300) is also beginning to see a worrying uptick in millionaire departures, and Pakistan (\u2013100) continues to lose millionaires to the UAE<\/a>. Taiwan (\u2013100) presents a mixed picture: while its tech-driven economy remains robust with +65% millionaire growth over the past decade, growing tensions with China and a lack of luxury real estate options appear to be unsettling some of its wealthiest residents.<\/p>\n

Despite ongoing instability in the Middle East, Israel is expected to show relatively modest outflows (\u2013350<\/a>), primarily to the US<\/a>, while Lebanon (\u2013200) faces concerning losses, with many wealthy individuals relocating to Cyprus<\/a>, Greece<\/a>, and the UAE<\/a>. Iran (\u2013200) is also losing HNWIs to the UAE.<\/p>\n

In Latin America, Brazil (\u20131,200<\/a>) and Colombia (\u2013150) are both expected to see sizeable wealth drains, while the other BRICS nations \u2014 China (\u20137,800<\/a>), India (\u20133,500), Russia (\u20131,500), and South Africa (\u2013250) \u2014 are all on track to record their lowest net millionaire losses since Covid.<\/p>\n

Read the Full Release<\/a> <\/b> <\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

LONDON<\/span>, June 24, 2025<\/span> \/PRNewswire\/ —\u00a0A record-breaking\u00a0142,000<\/a> millionaires are projected to relocate this year, with the UK expected to see the largest net outflow of high-net-worth individuals by any country since international investment migration advisory firm Henley & Partners<\/a> and global wealth intelligence firm New World Wealth<\/a> began tracking millionaire migration 10 years ago.<\/p>\n

According to the Henley Private Wealth Migration Report 2025<\/a>, the UK is forecast to lose a staggering \u201316,500<\/a> millionaires in 2025 \u2014 more than double the anticipated\u00a0\u20137,800 net outflow from China, ranked 2nd<\/sup> this year after topping the millionaire-loser leaderboard for the past decade. In stark contrast, the UAE retains its crown as the world’s leading wealth magnet, with a record net inflow of +9,800<\/a> relocating millionaires expected this year \u2014 over 2,000 more than the US in 2nd<\/sup> place. +7,500 new wealthy migrants are forecast to make America home by year-end.<\/p>\n

Dr. Juerg Steffen<\/a>, CEO at Henley & Partners, says “2025 marks a pivotal moment. For the first time in a decade of tracking, a European country leads the world in millionaire outflows. This isn’t just about changes to the tax regime. It reflects a deepening perception among the wealthy that greater opportunity, freedom, and stability lie elsewhere. The long-term implications for Europe and the UK’s economic competitiveness and investment appeal are significant.”<\/p>\n

For the first time, EU heavyweights France, Spain, and Germany are also expected to see net HNWI losses in 2025 \u2014 with projected net outflows of \u2013800, \u2013500, and \u2013400<\/a> millionaires, respectively. Ireland (\u2013100), Norway (\u2013150), and Sweden (\u201350) are beginning to see significant wealth losses too, with many affluent Europeans relocating to more investor-friendly hubs on the continent.<\/p>\n

Global winners: Where the wealth is heading<\/b> <\/p>\n

Key beneficiaries of this trend are Switzerland<\/a>, set to attract a net gain of +3,000<\/a> migrating millionaires this year, while Italy<\/a>, Portugal<\/a>, and Greece<\/a> are also forecast to see record inflows of +3,600, +1,400 and +1,200, respectively \u2014 driven by favorable tax regimes, lifestyle appeal, and active investment migration programs<\/a>.<\/p>\n

Outside of Europe, Saudi Arabia is the biggest riser on this year’s inbound list, projected to see a net inflow of +2,400<\/a> new millionaires. Traditional destinations such as Singapore<\/a> (+1,600<\/a>), Australia<\/a> (+1,000), Canada<\/a> (+1,000), and New Zealand<\/a> (+150) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025. Thailand<\/a> (+450) is rapidly emerging as Southeast Asia’s new safe haven, with Bangkok positioning itself as a key rival to Singapore.<\/p>\n

Hong Kong<\/a> (+800<\/a>) and Japan (+600) are forecast to enjoy higher HNWI inflows this year, while Central American and Caribbean jurisdictions \u2014 including Costa Rica<\/a> (+350<\/a>), Panama<\/a> (+300), the Cayman Islands (+200), and Bermuda (+50) \u2014 are all set to attract record numbers of wealthy migrants to their shores. Three African nations \u2014 Morocco (+100), Mauritius<\/a> (+100), and the Seychelles (+50) \u2014 make it onto the inbound millionaire migration rankings for 2025.\u00a0\u00a0<\/p>\n

Global losers: Where the wealth is leaving<\/b> <\/p>\n

In Asia, South Korea is expected to see significant net outflows of HNWIs (\u20132,400<\/a>), more than double last year’s figure. Vietnam (\u2013300) is also beginning to see a worrying uptick in millionaire departures, and Pakistan (\u2013100) continues to lose millionaires to the UAE<\/a>. Taiwan (\u2013100) presents a mixed picture: while its tech-driven economy remains robust with +65% millionaire growth over the past decade, growing tensions with China and a lack of luxury real estate options appear to be unsettling some of its wealthiest residents.<\/p>\n

Despite ongoing instability in the Middle East, Israel is expected to show relatively modest outflows (\u2013350<\/a>), primarily to the US<\/a>, while Lebanon (\u2013200) faces concerning losses, with many wealthy individuals relocating to Cyprus<\/a>, Greece<\/a>, and the UAE<\/a>. Iran (\u2013200) is also losing HNWIs to the UAE.<\/p>\n

In Latin America, Brazil (\u20131,200<\/a>) and Colombia (\u2013150) are both expected to see sizeable wealth drains, while the other BRICS nations \u2014 China (\u20137,800<\/a>), India (\u20133,500), Russia (\u20131,500), and South Africa (\u2013250) \u2014 are all on track to record their lowest net millionaire losses since Covid.<\/p>\n

Read the Full Release<\/a> <\/b> <\/p>\n

<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-25901","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/25901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25901"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/25901\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}