A record 1.65 lakh millionaires across the world will leave the country: UAE-Singapore first choice; Americans are migrating the most, India's score in Wealth Hub is 56.5

Mumbai26 minutes ago

copy link

According to the Henley Private Wealth Migration Report 2026, migration is also increasing in Britain.

According to Henley Private Wealth Migration Report 2026, this year a record 1.65 lakh millionaires are going to leave their country and move to other countries. Last year, about 1.42 lakh millionaires left the country.

This figure will be 1.34 lakh in 2024, whereas it was 51 thousand in 2013. Rich families are now moving to other countries not only for tax breaks but also for stability, security and better investments. UAE is the most preferred ‘wealth hub’ with a score of 85.3. India’s score is 56.5.

America: The richest families are ready to leave the country

America’s wealth mobility score is only 62.3. Most of the people from here ask for citizenship of other countries. Such applications doubled in 2025 and this pace continued in 2026 also. Only 7% of the applications came from Americans living abroad, the rest from the rich living in the country. Of these, half are for Europe and more than a quarter for Latin America-Caribbean.

Britain: Migration is increasing, this is the 5th largest source market

Applications from UK addresses to increase by 15% in 2024-25. In 2026, 53% of the applications from there will be from foreign citizens, i.e. the share of British citizens will be almost half. In 2018 this share was only 8%. Britain was the 20th largest source market in 2018. Now in top 5.

India: Second citizenship part of estate planning

India’s Wealth Mobility Score score is 56.5. This falls in the category of structural challenges. The biggest reason for this is the control of capital by select people and complex rules regarding tax. For wealthy Indian families, second residence or citizenship is now becoming a part of decisions like estate planning and tax structuring. These include education, business expansion and succession planning.

UAE: The rich are using it as a platform

UAE has the highest score of 85.3. Most of the demand is from expatriate businessmen, who are looking for other options without making UAE their base. These rich want to use UAE as a platform.

Europe: Greece benefits from strictness in Spain, Portugal

Nearly half of investment-citizenship applications are for European countries such as Portugal, Italy, the Netherlands and Cyprus. Greece is directly benefiting from closure of Spain’s Golden Visa and removal of Portugal’s real estate route.