More millionaires projected to move to UAE than any other country in 2022

World

Published: 2022-06-18 19:10

Last Updated: 2024-03-28 15:06


More millionaires projected to move to UAE than any other country in 2022
More millionaires projected to move to UAE than any other country in 2022

According to projections by the Henley Global Citizens Report, more millionaires are moving to the United Arab Emirates (UAE) than any other country in 2022. 

4,000 millionaires are projected to move to the UAE, a four percent increase from the amount of millionaires who already reside in the oil-rich country. 

Another 3,500 millionaires are expected to move to Australia, followed by 2,800 to Singapore and 2,500 to the Israeli Occupation.

The USA, Portugal, Greece, Canada, and New Zealand are also projected to see sizeable inflows. 

Among the countries expected to see significant outflows of millionaires are Russia, China, India, Hong Kong, Ukraine, Brazil, the UK, Mexico, Saudi Arabia, and Indonesia. 

In total, nearly 90,000 millionaires are expected to migrate in 2022, nearly quadruple the amount who migrated in 2021.