Millionaires on the march: Which countries are losing their wealthy residents?

The Henley Private Wealth Migration Report 2025 says that at least 1.42 lakh millionaires around the world will relocate in 2025 – a number which will rise to 1.65 lakh by 2026. The report defined high-net-worth individuals (HNIs) as those who have over $1 million (Rs 8.6 crore) in liquid wealth. But where are these people going? Which countries are winning and which are losing?

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