The Henley Private Wealth Migration Report 2023, which tracks wealth and investment migration trends worldwide, found that Australia is expected to attract the highest net inflow of HNWIs in 2023 at 5,200, and although the UAE drops into second place following a record-breaking influx in 2022, it is still expected to enjoy net arrivals of 4,500 new millionaires this year.
The report says that Singapore ranks third with a net inflow of 3,200 HNWIs, its highest on record, followed by the US with an expected net influx of 2,100 millionaires.
“Switzerland (net inflow of 1,800) and Canada (1,600) are in fifth and sixth place, respectively, with Greece (1,200), France (1,000 – double last year's net intake of 500 millionaires), Portugal (800), and New Zealand (700) all making it onto this…