Wealth Migration: What Motivates the World’s Wealthiest to Move?
Dr. Juerg Steffen
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A compelling publication for those following wealth and investment migration trends — whether global citizens, investors, wealth managers, or private bankers — with exclusive global high-net-worth-individual migration statistics and insights as well as data reflecting the Top 20 countries in terms of net inflows and outflows of millionaires, and private wealth distribution. Access the most current and comprehensive wealth migration data available, provided by global wealth intelligence firm New World Wealth — the only known independent research firm systematically tracking global wealth migration trends for the past decade. Read the methodology here.
Private wealth migration trends look set to revert to pre-Covid patterns in 2023, with Australia reclaiming the top spot for net millionaire arrivals as it did between 2015 and 2019, and China suffering the biggest net outflows of high-net-worth individuals as it has since 2013. Notable exceptions are former top wealth magnets, the UK and the USA. Ongoing volatility is amplifying security, political, and economic risks, prompting affluent families globally to diversify their domicile portfolios via investment migration to enhance economic mobility and protect their lifestyles, wealth, and legacies.
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