{"id":1543811,"date":"2025-06-26T09:45:00","date_gmt":"2025-06-26T13:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1543811"},"modified":"2025-06-26T09:45:00","modified_gmt":"2025-06-26T13:45:00","slug":"these-are-the-places-that-rich-people-are-leaving","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/these-are-the-places-that-rich-people-are-leaving\/1543811\/","title":{"rendered":"These Are The Places That Rich People Are Leaving"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">These Are The Places That Rich People Are Leaving<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><a href=\"https:\/\/www.henleyglobal.com\/publications\/henley-private-wealth-migration-report-2025\/global-wealth-migration-2025\">Newly published data by Henley &amp; Partners<\/a>\u00a0shows that <strong>while\u00a0<a href=\"https:\/\/www.statista.com\/topics\/4541\/chinese-overseas\/\">China<\/a>\u00a0and India were still losing the most millionaires (or billionaires) to emigration in 2023, the United Kingdom&#8217;s millionaire flight is surging to the top position this year<\/strong>.\u00a0<\/p>\n<p><a href=\"https:\/\/moneyweek.com\/personal-finance\/tax\/millionaire-leaving-uk-non-dom-tax-status\">Some British millionaires have said<\/a>\u00a0they are leaving due to the end of the non-domestic tax status rule in the country.<\/p>\n<p>The Tax Justice Network points out that even with the increase, <strong>the share of of those departing is still very low compared to all millionaires. <\/strong><\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/25007\/hnwi-emigration-by-country\/\">As Statista&#8217;s Katharina Buchholz reports,<\/a> the 142,000 millionaires projected to be migrating this year only represent\u00a0<a href=\"https:\/\/taxjustice.net\/press\/millionaire-exodus-claim-backtracked-but-media-re-run-story-anyway\/\">0.2 of all millionaires globally, its release says.<\/a><\/p>\n<p>After migration of the wealthy slumped during the pandemic years, <strong>a new high of 120,000 millionaires left their home countries in 2023.<\/strong><\/p>\n<p><strong>After 2025&#8217;s\u00a0<a href=\"https:\/\/www.henleyglobal.com\/publications\/henley-private-wealth-migration-report-2025\/global-wealth-migration-2025\">142,000 individuals<\/a>, wealth out-migration is expected to climb even higher to 165,000 in 2026.<\/strong><\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/25007\/hnwi-emigration-by-country\/\" title=\"Infographic: The Places That Rich People Are Leaving | Statista\"><\/a><\/p>\n<p><em>You will find more infographics at <a href=\"https:\/\/www.statista.com\/chartoftheday\/\">Statista<\/a><\/em><\/p>\n<p><a href=\"https:\/\/www.henleyglobal.com\/publications\/henley-private-wealth-migration-report-2023\/global-insights\/global-high-net-worth-individual-migration\">According to the source,<\/a><strong>\u00a0political stability, personal freedoms as well as tax and financial concerns were among the reasons millionaires decide to make these moves. <\/strong><\/p>\n<p>The war in Ukraine has led to an exodus of Russians &#8211; especially pronounced in 2022 and 2023 &#8211; that has seen new arrivals mainly in European cities.<\/p>\n<p>The change\u00a0<a href=\"https:\/\/www.henleyglobal.com\/publications\/henley-private-wealth-migration-report-2023\/global-insights\/politics-and-war-continue-shape-private-wealth-migration-landscape\">represented a 33 percent reduction\u00a0<\/a>of Russian millionaires living in their country between 2021 and 2022.<\/p>\n<p><em>The study covered only individuals with an investable wealth of at least $1 million, who took up residency in a new country and spent at least half of the year there.<\/em><\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 06\/26\/2025 &#8211; 05:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/these-are-places-rich-people-are-leaving\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/personal-finance\/these-are-places-rich-people-are-leaving<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These Are The Places That Rich People Are Leaving Newly published data by Henley &amp; Partners\u00a0shows that while\u00a0China\u00a0and India were still losing the most millionaires&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1543812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1543811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-6tCb","jetpack_featured_media_url":"https:\/\/bugaluu.com\/news\/wp-content\/uploads\/sites\/3\/2025\/06\/25007-6FWbtn.jpg","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1543811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1543811"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1543811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1543812"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1543811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1543811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1543811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}