
Nonetheless, there has been an increase in the number of millionaires relocating abroad. This is not exclusive to India; in 2025, it is anticipated that over 142,000 billionaires will leave their home countries and move completely to other foreign cities. Additionally, they project that by 2026, there will be 165,000 millionaires. The year-to-date movements of people with liquid investable wealth of at least $1 million USD are documented in the Henley Private Wealth Migration Report 2025.
What countries are attracting Millionaires?
The most 'attractive' destination for millionaires is the United Arab Emirates. It is anticipated that more than 9,800 millionaires will relocate to uae cities like dubai and sharjah from their home nations. Its tax-friendly policies are to blame. The United States, an economic superpower, is next on the list.
The US is a great place to visit because of its tax laws, lavish lifestyle, and excellent visa policies. Every year, the majority of indian millionaires relocate to the United States. Millionaires are more drawn to Saudi Arabia's two main, well-known cities. They are Riyadh and Jeddah. In 2025, saudi arabia is expected to draw 2400 millionaires.
Is the bjp the reason?
Freebies, reservations, and High Taxes are said to be the major reasons, and corruption has increased a lot during the BJP's rule. india Herald already reported how an ordinary government contractor in madhya pradesh can build a house of Gold?