UK Set to Suffer Bigger Net Exodus of Millionaires than Russia in 2023

The UK is expected to see a net outflow of 3,200 high-net-worth individuals (HNWIs) in 2023 — higher than the projected 3,000 net loss for Russia, according to the Henley Private Wealth Migration Report 2023, which tracks wealth and investment migration trends worldwide. This will make the UK the third-biggest loser of millionaires globally after China (net loss of 13,500) and India (net loss of 6,500). Perhaps most notably, the UK’s anticipated HNWI flight is double that of last year, when it saw a net exodus of 1,600 millionaires.

The report released today by the leading international residence and citizenship advisory firm Henley & Partners exclusively features the latest net inflows and outflows of dollar millionaires (namely, the difference between the number of HNWIs with investable wealth of USD 1 million or more who relocate to and the number who emigrate from a country) as projected by global wealth intelligence firm New World Wealth, which has been tracking wealth migration trends for over a decade. The HNWI migration figures focus only on HNWIs who have truly moved — namely, who stay in their new country more than six months a year. Note: All HNWI figures are rounded to the nearest 100.

Fonte: Henley & Partners