Millionaires on the Move: UAE Tops the List of Most Attractive Countries in 2024
According to a recent report published by Henley & Partners, the United Arab Emirates (UAE) has emerged as the most attractive country for millionaires in 2024, with an expected influx of 6,700 new millionaires by June this year. This report sheds light on the movements of high-net-worth individuals globally, offering insights into current economic trends.
The Top 10 Countries for Millionaires in 2024
1. United Arab Emirates - 6,700 new millionaires
The UAE takes the top spot, thanks to its business-friendly environment, attractive tax policies, and world-class infrastructure.
2. United States - 3,800 new millionaires
The US comes in second, with its strong economy and attractive financial infrastructure drawing in wealthy investors.
3. Singapore - 3,500 new millionaires
Singapore takes third place, thanks to its pro-business environment, favorable tax policies, and thriving economy.
4. Canada - 3,200 new millionaires
Canada ranks fourth, with its high standard of living, business-friendly environment, and attractive immigration policies.
5. Australia - 2,500 new millionaires
Australia takes fifth place, with its high quality of life, stunning natural beauty, and thriving economy.
6. Italy - 2,500 new millionaires
Italy ranks sixth, with its rich cultural heritage, developing economy, and attractive investment opportunities.
7. Switzerland - 1,500 new millionaires
Switzerland takes seventh place, with its reputation for banking secrecy, political stability, and attractive tax policies.
8. Greece - 1,200 new millionaires
Greece ranks eighth, with its economic resurgence and attractive investment opportunities drawing in wealthy investors.
9. Portugal - 800 new millionaires
Portugal takes ninth place, thanks to its investor-friendly policies, including its popular "golden visa" program.
10. Japan - 400 new millionaires
Japan rounds out the top 10, with its unique culture, high standard of living, and attractive business opportunities.
This report highlights the shifting landscape of global wealth, with countries offering attractive environments, policies, and opportunities for high-net-worth individuals.