Global migration of HNWIs is expected to reach a record high in 2025, with 142,000 millionaires projected to relocate. This marks a significant increase from 2024, when 134,000 millionaires moved abroad, reflecting a shift in how the wealthy approach their futures. The latest Global Mobility Report 2025 by Henley & Partners highlights this trend.
The UAE continues to be a prime destination, thanks to its golden visa program and crypto-friendly policies. Its combination of stability, luxury, and growth potential makes it highly attractive. Meanwhile, Singapore’s secure financial system and high quality of life have solidified its status as a haven for global wealth. These two nations exemplify the evolving priorities of millionaires seeking security, opportunity, and an enhanced lifestyle.
“These individuals, possessing liquid investable wealth of at least $1 million, represent the most significant wealth migration wave ever documented. Their movement underscores fundamental changes in how affluent individuals strategize their geographic and financial planning,” stated Dr. Juerg Steffen, CEO of Henley & Partners.
Context and Trends
Global wealth migration has surged post-pandemic. In 2019, 110,000 millionaires moved abroad. While numbers dipped sharply in 2020, they have since rebounded, with projections pointing to record-breaking migration in 2025. Economic uncertainty, political instability, and climate risks are prompting the wealthy to seek relocation. The 2024 global election super-cycle, involving major polls in 70 countries, further disrupted global stability, prompting many HNWIs to seek secure and financially favorable locations. The UAE and Singapore are at the forefront, offering attractive policies and long-term stability.
The Global Mobility Report 2025 also highlights the evolving role of real estate in wealth migration. Properties are no longer just homes but serve as income-generating assets and sustainability investments. Countries that incorporate green initiatives and cutting-edge developments are increasingly drawing the interest of mobile millionaires.
Key Takeaways
Investment migration is now a $20 billion industry. Once considered niche, it has become a mainstream wealth planning tool.
Wealthy Americans are a driving force. Concerns over domestic instability are pushing more U.S. millionaires to seek global diversification and a “Plan B” for their families.
Countries are competing for HNWIs. With citizenship becoming more flexible, nations must balance investor appeal with sustainable policies.
In 2025, the UAE and Singapore are poised to lead the way, offering the security, financial opportunities, and high quality of life that mobile millionaires increasingly seek in an unpredictable world.
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