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UK forecast to suffer world's biggest exodus of millionaires in 2025: Report
- In 2025, the United Kingdom is expected to experience the largest departure of millionaires worldwide, with 16,500 high-net-worth individuals relocating abroad.
- This mass departure results mainly from recent tax hikes, policy changes including non-dom regime overhaul, and Brexit-induced economic uncertainty.
- Many departing millionaires come from financial and professional services, and 60% are foreign-born; key destinations include the UAE, US, Italy, and Switzerland.
- The 16,500 UK millionaires are expected to take $66 billion in investable assets abroad, while globally 142,000 millionaires will relocate in 2025.
- This unprecedented wealth outflow signals challenges for the UK’s economic competitiveness and investment appeal, suggesting continued millionaire migration trends.
41 Articles
41 Articles
16 500 millionaires are to flee the British government's tax policy abroad. A remarkable number, the conservative press also finds. But the study is then controversial.
Brazil Faces Record Wealth Flight as Millionaires Seek Safer Shores
A new report from Henley & Partners shows that Brazil will lose about 1,200 millionaires in 2025. These wealthy people will take around $8.4 billion with them as they move their money and lives to other countries. This is the biggest loss in Latin America and puts Brazil sixth in the world for millionaire departures. […]
A European country is about to lose more millions in 2025 than any other country. It is a dramatic reversal of the situation, as the British Great has long been considered a magnet for the world's rich, reports Business Insider.
Never so many great fortunes had left their country of origin, the report "Henley Private Wealth Migration Report 2025" says. Among the preferred destinations are the United Arab Emirates, the United States and Italy.
The world's richest people used to flock to the UK. Now, it's bleeding millionaires at a record rate.
The UK is projected to lose more millionaires in 2025 than any other country — a record exodus.John Wreford / SOPA Images via Reuters ConnectThe UK is set to lose 16,500 millionaires in 2025, more than any other country on record.Tax hikes and declining economic confidence are driving the rich away, according to Henley & Partners.The UAE, the US, and most of southern Europe have emerged as new millionaire magnets.The UK is poised to lose more mi…
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