Henley & Partners, a British investment migration consultant company, has recently released the Private Wealth Migration Report 2023.
The report predicts the upcoming global trend of the outflow and inflow of wealthy people.
China will experience the most loss of wealthy people in the world in 2023, with a total outflow of 13,500 people. Meanwhile, Hong Kong is expected to lose 1,000 millionaires.
The Private Wealth Migration Report 2023 defines high-net-worth individuals as “wealthy people with over one million U.S. dollars in investable assets.”
China, India, the United Kingdom, Russia, and Brazil will have the most outflow of high-net-worth individuals in 2023.
In 2022, a net of 10,800 millionaires departed China for good….