Global Wealthy Experience Largest Migration Wave: UAE, US, and Singapore Popular Destinations

Reported 8 months ago

A recent report predicted a record-breaking global migration wave of wealthy individuals due to factors like geopolitical risks, with an estimated 128,000 'millionaire millionaires' fleeing China mainland, UK, and India, as well as a net outflow of 400 such millionaires from Taiwan making it the eighth highest globally. The wealthy are primarily relocating to the United Arab Emirates, the US, and Singapore. This migration trend, driven by geopolitical tensions and economic uncertainties, is seen as a significant indicator of potential global changes impacting future dynamics and economies.

Source: YAHOO

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