Top 10 Countries for Millionaire Migration in 2025
A major shift is underway in how global wealth is moving. In 2025, according to the Henley Private Wealth Migration Report, an estimated 142,000 millionaires are expected to migrate to new countries. This figure is projected to rise even further to 165,000 in 2026. This movement marks one of the largest voluntary shifts in private wealth in modern history.
These migrations are being driven by several factors: favorable tax regimes, safe and luxurious lifestyles, political stability, and access to global business hubs. In this context, countries are not only competing for skilled workers and investments, but also actively attracting high-net-worth individuals (HNWIs) to build stronger financial ecosystems.
Let’s explore the top 10 countries that are expected to receive the highest number of millionaire migrants in 2025.
| Rank | Country | Millionaire Migration | Wealth Inflow (USD) | Millionaire Growth Percentage |
|---|---|---|---|---|
| 1 | United Arab Emirates | 9,800 | 63 billion | 98 percent |
| 2 | United States | 7,500 | 43.7 billion | 78 percent |
| 3 | Italy | 3,600 | 20.7 billion | 20 percent |
| 4 | Switzerland | 3,000 | 16.8 billion | 28 percent |
| 5 | Saudi Arabia | 2,400 | 18.4 billion | 55 percent |
| 6 | Singapore | 1,600 | 8.9 billion | 62 percent |
| 7 | Portugal | 1,400 | 8.1 billion | 38 percent |
| 8 | Greece | 1,200 | 7.7 billion | 24 percent |
| 9 | Canada | 1,000 | 5.7 billion | 26 percent |
| 10 | Australia | 1,000 | 5.6 billion | 30 percent |
The UAE remains the leading destination for millionaire migration, with a forecast of 9,800 new millionaires relocating there in 2025. Dubai and Abu Dhabi continue to attract wealthy individuals due to:
The UAE is seeing strong interest from wealthy individuals in the UK, India, Russia, Africa, and Southeast Asia. Its projected wealth inflow for 2025 is valued at 63 billion US dollars, with a 98 percent increase in its millionaire population.
The United States remains a top destination for wealth migration, expecting to attract 7,500 millionaires in 2025. It offers:
Its millionaire growth is projected at 78 percent, and the total wealth inflow is estimated to be 43.7 billion US dollars.
Italy has emerged as a surprising winner, ranking third globally with 3,600 millionaires expected to move there. This rise is credited to:
Italy is projected to gain 20.7 billion US dollars in private wealth, with a 20 percent growth in millionaire population.
With its long-standing reputation for banking privacy and political neutrality, Switzerland continues to attract HNWIs. In 2025, it is set to welcome 3,000 millionaires, bringing in an estimated 16.8 billion US dollars in new wealth.
The country is experiencing a 28 percent rise in its millionaire population, reflecting strong global trust in its economic system.
Saudi Arabia is the fastest riser in this year’s ranking. It is projected to gain 2,400 new millionaires, many of whom are returning citizens or international investors drawn to:
The country will see an inflow of around 18.4 billion US dollars, with a 55 percent surge in millionaire growth.
A major Asian wealth hub, Singapore continues to attract entrepreneurs and investors, particularly from China, India, and Southeast Asia. With 1,600 millionaires expected to arrive in 2025, it offers:
Singapore’s projected wealth inflow is 8.9 billion US dollars, and millionaire growth is pegged at 62 percent.
Portugal ranks seventh on the list, drawing in 1,400 new millionaires thanks to its:
Portugal is expected to gain 8.1 billion US dollars in new wealth and record a 38 percent increase in its HNWI population.
Greece follows closely, with 1,200 millionaires projected to migrate there. The country has become attractive due to:
It will gain an estimated 7.7 billion US dollars, with a 24 percent increase in its millionaire count.
Canada continues to be a preferred destination for wealthy individuals looking for political stability, quality healthcare, and peaceful living. With 1,000 millionaire arrivals forecasted for 2025, Canada offers:
Its expected wealth inflow is 5.7 billion US dollars, with a 26 percent millionaire growth rate.
Tied with Canada in net millionaire inflow, Australia will also welcome 1,000 millionaires in 2025. Although it has seen declining numbers compared to previous years, the country remains attractive for its:
Australia is expected to add 5.6 billion US dollars to its economy from this migration, with a 30 percent increase in HNWIs.
India is not among the top 10 destinations for millionaire migration in 2025. Instead, it ranks 57th globally, with a net outflow of around 3,500 millionaires. Many Indian HNWIs are relocating for:
Despite this outflow, India’s millionaire population has grown by 72 percent in the last decade, indicating strong internal wealth creation.
In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…
In an age where technology and finance intersect at lightning speed, Luana Lopes Lara, a…
In a significant development for higher education in India, Victoria University (VU) from Australia is…
Many lakes around the world are known by special names because of their stories, beauty,…
Under Section 45ZL of the Reserve Bank of India Act, 1934, every quarter, India’s Monetary…
India hosts nearly 8% of the world’s biodiversity, making conservation crucial for ecological balance and…