Where the Ultra-Wealthy Are Planting New Homes

1 min read
Source: Business Insider
Where the Ultra-Wealthy Are Planting New Homes
Photo: Business Insider
TL;DR Summary

A record wave of ultra-high-net-worth individuals is relocating abroad, driven by tax efficiency, geopolitical stability, and quality of life. Dubai leads inflows to the UAE, with Portugal, Singapore, Italy, and Australia also rising as popular bases thanks to favorable visa regimes and business-friendly environments. Migration among the global rich surged from about 108,000 in 2018 to around 134,000 in 2024, with over 142,000 expected by the end of 2025, as many pursue second residencies or citizenships as hedges against future policy shifts.

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