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Visuals · Mapped · 22 October 2026

Mapped: where the millionaires moved, 2025

Key figures

  • The UAE gains a forecast +9,800 millionaires, the most.
  • The United States follows at +7,500, Italy at +3,600.
  • The United Kingdom loses the most, −16,500.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated . Cite as: Patrician.ch, Mapped: where the millionaires moved, 2025, patrician.ch/visuals/mapped-millionaire-migration-2025/, October 2026.

World map of net millionaire migration forecast for 2025 by Henley & Partners: gold for inflows led by the UAE, red for outflows led by the United Kingdom.
Source: Henley & Partners, Private Wealth Migration Report 2025, net flows forecast for 2025, published June 2025, read on Patrician.ch. As of 22 Oct 2026. Free to share unchanged, with credit to patrician.ch.

The map colors each country by Henley & Partners’ forecast of net millionaire migration for 2025: individuals with $1M or more in liquid investable wealth arriving, minus those leaving. Patrician.ch reads the figures against the 100 places on its board.

The UAE leads at +9,800, then the United States at +7,500 and Italy at +3,600. The United Kingdom shows the largest outflow, −16,500.

These are Henley’s estimates, not official statistics, and its 2026 report scores structural pull instead of issuing new flows. The answer page sets each country beside the highest ranked address it has on the board. The figures are country totals, not city figures.

The Patrician.ch research desk

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The data

Every row in the picture.

CountryNet millionaires, 2025 forecast
UAE+9,800
United States+7,500
Italy+3,600
Switzerland+3,000
Saudi Arabia+2,400
Singapore+1,600
Portugal+1,400
Greece+1,200
Canada+1,000
Australia+1,000
Montenegro+150
United Kingdom−16,500
United Kingdom−16,500
China−7,800
India−3,500
South Korea−2,400
Russia−1,500
France−800
Spain−500
Germany−400
Norway−150

Source: Henley & Partners, Private Wealth Migration Report 2025, net flows forecast for 2025, published June 2025, read on Patrician.ch. As of 22 Oct 2026. The page behind every figure: patrician.ch/answers/where-are-millionaires-moving/.

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Next visual · KeptKept: Dubai, Monaco and Singapore on $1M a year, 2026The page behind itpatrician.ch/answers/where-are-millionaires-moving/
Questions

Can I share this picture?

Yes. Free to share unchanged, with credit to patrician.ch. Download it in any of the 5 sizes or copy the embed code, which links back to this page.

The data behind it stays under the site’s terms: quote a figure with a link, but do not rebuild the dataset.

Where do the figures come from?

Henley & Partners, Private Wealth Migration Report 2025, net flows forecast for 2025, published June 2025, read on Patrician.ch. As of 22 Oct 2026.

Every figure in the picture and the table is computed from the page it comes from, patrician.ch/answers/where-are-millionaires-moving/.

Is this advice?

No. It is comparison research on published rules and figures.

A qualified adviser confirms any individual position.

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This page is the general case. Your income and passports rank all 100 differently.

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Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Figures are for a non-US single filer. Wealth tax, an exit and your passports are added when you run the engine on your own numbers. Not advice. Residence rules change often. Verify before acting.

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