142,000 Millionaires Are Moving in 2025 — Forget Switzerland, They’re Choosing This Eastern European Country

 

In 2025, a record 142,000 millionaires are expected to move to new countries, according to the latest Henley & Partners report. This is the highest number ever recorded, showing that wealthy people are moving more than ever before.

Why Are They Moving?

Millionaires are leaving their home countries for many reasons:

  • Political instability and rising taxes
  • Better lifestyle and business opportunities abroad
  • Access to investment and migration programs, like Golden Visas
  • Desire for safety, mobility, and a good quality of life

Who Is Losing the Most Millionaires?

Some countries are seeing large numbers of wealthy people leaving:

  • United Kingdom: –16,500 millionaires (mainly due to higher taxes and political changes)
  • China: –7,800
  • Other countries like France, Spain, Germany, and Sweden are also seeing declines.

Who Is Gaining the Most?

Top destinations for millionaires in 2025 include:

  • UAE: +9,800
  • USA: +7,500
  • Italy: +3,600
  • Switzerland: +3,000
  • Singapore, Greece, Portugal, Monaco are also popular choices.

The Surprise Winner — Montenegro

While Switzerland is still attracting the rich, the real surprise is Montenegro in Eastern Europe. Over the past 10 years, the number of millionaires in Montenegro has grown by 124%, the fastest growth rate in the world.

Why Montenegro?

  • Low taxes and no inheritance tax
  • Beautiful Adriatic coastline and luxury property options
  • Attractive lifestyle with warm weather and a relaxed pace
  • EU candidate status, giving hope for easier European access in the future

What This Means

This movement shows a big shift in where the wealthy want to live. Traditional rich hubs are losing people, while new destinations like Montenegro are becoming global hotspots. For these millionaires, it’s not just about taxes — it’s also about safety, stability, and quality of life.

 

Shweta Sharma