{"id":220349,"date":"2018-01-27T11:00:03","date_gmt":"2018-01-27T09:00:03","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=220349"},"modified":"2018-01-26T15:56:42","modified_gmt":"2018-01-26T13:56:42","slug":"the-9-countries-the-worlds-richest-people-are-emigrating-to","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/220349\/the-9-countries-the-worlds-richest-people-are-emigrating-to\/","title":{"rendered":"The 9 countries the world&#8217;s richest people are emigrating to"},"content":{"rendered":"<p>New World Wealth has released its annual report for 2018, detailing the trends in migration, spending and investing seen among the world&#8217;s wealthiest individuals.<\/p>\n<p>One of the stand-out findings of this year&#8217;s report is the the acceleration seen in global wealth migration.<\/p>\n<p>While emigration is typically seen as a chance for individuals and families to access better lifestyle and working opportunities, an increasing number of\u00a0high net worth individuals\u00a0(HNWIs), those individuals with net assets of $1 million or more, are also using their wealth to access other countries.<\/p>\n<p>According to the report, approximately 95,000 millionaires (HNWIs) migrated in 2017, compared to 82,000 in 2016 and 64,000 in 2015.<\/p>\n<p>The following countries experienced the biggest wealth inflows in 2017:<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"47%\">Country<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"53%\">Net inflow of HNWIs in 2017<\/th>\n<\/tr>\n<tr>\n<td>Australia<\/td>\n<td style=\"text-align: center;\">\u00a010,000<\/td>\n<\/tr>\n<tr>\n<td>United States<\/td>\n<td style=\"text-align: center;\">\u00a09,000<\/td>\n<\/tr>\n<tr>\n<td>Canada<\/td>\n<td style=\"text-align: center;\">\u00a05,000<\/td>\n<\/tr>\n<tr>\n<td>United Arab Emirates<\/td>\n<td style=\"text-align: center;\">\u00a05,000<\/td>\n<\/tr>\n<tr>\n<td>Carribean (including Bermuda, Cayman Islands, Virgin Islands, St Barts, Antigua, St Kitts &amp; Nevis)<\/td>\n<td style=\"text-align: center;\">\u00a03,000<\/td>\n<\/tr>\n<tr>\n<td>Israel<\/td>\n<td style=\"text-align: center;\">\u00a02,000<\/td>\n<\/tr>\n<tr>\n<td>Switzerland<\/td>\n<td style=\"text-align: center;\">\u00a02,000<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td style=\"text-align: center;\">\u00a01,000<\/td>\n<\/tr>\n<tr>\n<td>Singapore<\/td>\n<td style=\"text-align: center;\">\u00a01,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<p>The following countries also experienced significant (100+ HNWIs) wealth inflows during the past year. They are ranked alphabetically.<\/p>\n<ul>\n<li>Cyprus<\/li>\n<li>Luxembourg<\/li>\n<li>Malta<\/li>\n<li>Mauritius<\/li>\n<li>Monaco<\/li>\n<li>Portugal<\/li>\n<li>Spain<\/li>\n<\/ul>\n<hr \/>\n<p><strong>Outflows<\/strong><\/p>\n<p>According to New World Wealth, the largest amount of emigrating HNWIs were Chinese and Indian nationals which were moving towards more &#8220;western&#8221; countries.<\/p>\n<p>These include:<\/p>\n<ul>\n<li>Chinese HNWIs moving to USA, Canada and Australia.<\/li>\n<li>Indian HNWIs moving to USA, UAE, Canada, Australia and New Zealand.<\/li>\n<li>Turkish HNWIs moving to Europe and the UAE.<\/li>\n<li>UK HNWIs moving to Australia and USA.<\/li>\n<li>French HNWIs moving to Canada, Switzerland and USA.<\/li>\n<li>Russian HNWIs moving to USA, Cyprus, UK, Portugal and the Caribbean.<\/li>\n<li>Brazilian HNWIs moving to Portugal, US and Spain.<\/li>\n<li>Indonesian HNWIs moving to Singapore.<\/li>\n<li>Saudi HNWIs moving to UK and the UAE.<\/li>\n<li>Nigerian HNWIs moving to UK, France, Switzerland, <strong>South Africa<\/strong> and the UAE.<\/li>\n<\/ul>\n<p>The following countries experienced the biggest wealth outflows in 2017.<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"47%\">Country<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"53%\">Net outflow of HNWIs in 2017<\/th>\n<\/tr>\n<tr>\n<td>\u00a0China<\/td>\n<td style=\"text-align: center;\">\u00a010,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0India<\/td>\n<td style=\"text-align: center;\">\u00a07,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Turkey<\/td>\n<td style=\"text-align: center;\">\u00a06,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0United Kingdom<\/td>\n<td style=\"text-align: center;\">\u00a05,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0France<\/td>\n<td style=\"text-align: center;\">\u00a05,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Russian Federation<\/td>\n<td style=\"text-align: center;\">\u00a03,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Brazil<\/td>\n<td style=\"text-align: center;\">\u00a02,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Indonesia<\/td>\n<td style=\"text-align: center;\">\u00a02,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Saudi Arabia<\/td>\n<td style=\"text-align: center;\">\u00a01,000<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Nigeria<\/td>\n<td style=\"text-align: center;\">\u00a01,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/wealth\/220269\/south-africas-richest-take-home-half-of-all-income-report\/\" target=\"_blank\" rel=\"noopener\">South Africa\u2019s richest take home half of all income<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While emigration is typically seen as a chance for individuals and families to access better lifestyle and working opportunities, an number of\u00a0high net worth individuals\u00a0(HNWIs) are also using their wealth to access other countries.<\/p>\n","protected":false},"author":10,"featured_media":126133,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26,6440],"class_list":["post-220349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline","tag-new-world-wealth"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/220349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=220349"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/220349\/revisions"}],"predecessor-version":[{"id":221525,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/220349\/revisions\/221525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/126133"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=220349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=220349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=220349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}