New World Wealth data shows the UAE, Italy, and Saudi Arabia rising fast as millionaire migration hubs.

Henley’s 2023 Private Wealth Migration Report, using data from South Africa-headquartered wealth-intelligence firm New World Wealth, offers a snapshot of what global millionaire migration looks ...

For example, according to reports from investment migration consultancy Henley & Partners, the number of affluent Americans looking to move abroad has spiked since the 2024 election.

Although it may be difficult for some to resist the temptation to fear the boogeyman, the millionaire migration myth is just an excuse to not raise taxes on top earners. Connecticut’s middle ...

The highest rates of migration are seen among low-income tax filers: migration is 4.5 percent among people who earn around $10,000 a year.

Some groups doubt the millionaire-migration theory. Jon Whiten, a deputy director of New Jersey Policy Perspective, said long-term statistics show that tax rates do not cause the rich to flee.

Sydney had the biggest millionaire net migration in 2015. Getty Images/Michael Dunning London may still have the most billionaires in the world, but millionaires are becoming less keen on the UK's ...