Mapped: Millionaire Migration in 2024

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June 26, 2024 Article/Editing:

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Visualizing Millionaire Migration in 2024

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The United Arab Emirates is set to attract the most millionaires in 2024, while China and the UK are expected to lose the largest number of high-net-worth individuals (HNWIs).

This graphic shows the top 10 countries projected to have the highest net inflows or net outflows of HNWIs in 2024. HNWIs have a liquid investable wealth of $1 million or more. All figures come from the Henley Private Wealth Migration Report 2024.

Why is Attracting Millionaires Important?

According to Henley & Partners, 20% of HWNIs are entrepreneurs (rising to 60% for centi-millionaires and billionaires). As a result, countries that attract HWNIs from other parts of the world may see powerful benefits like job creation and investment.

Countries Attracting the Most Millionaires in 2024 RankCountryNet flow of millionaires (2024P) 1🇦🇪 UAE6,700 2🇺🇸 U.S.3,800 3🇸🇬 Singapore3,500 4🇨🇦 Canada3,200 5🇦🇺 Australia2,500 6🇮🇹 Italy2,200 7🇨🇭 Switzerland1,500 8🇬🇷 Greece1,200 9🇵🇹 Portugal800 10🇯🇵 Japan400

The UAE’s strategic focus on economic diversification and government investment has positioned it as a global economic powerhouse.

The country has seen significant investments in tourism, real estate, logistics, financial services, and technology markets.

In addition, the adoption of international standards in regulatory and market frameworks, coupled with attractive tax initiatives, has drawn young entrepreneurs worldwide to the country.

According to Warwick Legal Network, the UAE accounts for over 30% of foreign direct investment inflow to the MENA region.

Countries Losing the Most Millionaires in 2024 RankCountryNet flow of millionaires (2024P) 1🇨🇳 China-15,200 2🇬🇧 UK-9,500 3🇮🇳 India-4,300 4🇰🇷 South Korea-1200 5🇷🇺 Russia-1000 6🇧🇷 Brazil-800 7🇿🇦 South Africa-600 8🇹🇼 Taiwan-400 9🇳🇬 Nigeria-300 10🇻🇳 Vietnam-300

Meanwhile, uncertainty over China’s economic trajectory and geopolitical tensions have led millionaires to leave the country. China saw

Charted: EU Emigrants by Country

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June 9, 2024 Graphics/Design:

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Charted: EU Emigrants by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Immigration into the EU has been a hot topic since 2011. In fact, in several EU countries, immigrants make up nearly one-fifth of the population. But what of the EU’s emigration patterns?

We chart out the number of EU emigrants by their country of citizenship in 2022. Data for this visualization is sourced from Eurostat.

Which EU Country Had the Most Emigrants in 2022?

Germany and Spain had the highest number of emigrants in the EU in 2022, both measuring more than half a million people.

Interestingly, while German emigrants prefer moving to Switzerland and Austria, Spanish migrants often end up in Germany.

Here’s a full list of 27 EU member states and their emigration numbers in 2022, both as number of people and as a percentage of the population. Data for Switzerland, Norway, and Liechtenstein has also been included for context, but is not part of the visualization, nor contributes to the overall EU number.

RankCountryEmigrants (2022)% of Population (2022) 1🇩🇪 Germany533,4850.64% 2🇪🇸 Spain531,8891.11% 3🇫🇷 France249,3550.37% 4🇵🇱 Poland228,0060.62% 5🇷🇴 Romania202,3111.06% 6🇮🇹 Italy150,1890.25% 7🇨🇭 Switzerland*122,1231.39% 8🇳🇱 Netherlands109,6160.62% 9🇧🇪 Belgium84,6270.72% 10🇬🇷 Greece80,3070.77% 11🇦🇹 Austria74,2710.82% 12🇩🇰 Denmark62,9271.07% 13🇮🇪 Ireland61,1331.19% 14🇭🇺 Hungary58,4080.61% 15🇸🇪 Sweden50,5920.48% 16🇭🇷 Croatia46,2871.20% 17🇳🇴 Norway*32,5360.60% 18🇨🇿 Czech Republic31,7640.30% 19🇵🇹 Portugal30,9540.30% 20🇸🇮 Slovenia20,9560.99% 21🇨🇾 Cyprus17,9581.43% 22🇱🇺 Luxembourg17,2272.64% 23🇱🇻 Latvia16,6800.89% 24🇫🇮 Finland15,6350.28% 25🇱🇹 Lithuania15,2700.54% 26🇧🇬 Bulgaria13,1750.20% 27🇲🇹 Malta13,1662.48% 28🇪🇪 Estonia9,6570.72% 29🇸🇰 Slovakia4,4680.08% 30🇱🇮 Liechtenstein*4801.22% N/A🇪🇺 EU2,730,3130.61%
*Not in the EU, but part of the European Free Trade Area or the European Economic area. Emigrants counted by country of citizenship, not birth.

As a percentage of the population, Malta and Luxembourg had slightly more than