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Wealth management

What factors sway millionaires in their global relocation migration?

October 2, 2023

In recent years, a growing number of wealthy individuals have purchased property and established residency in other nations to protect their wealthy, lifestyle and legacy. Image credit: Shutterstock In recent years, a growing number of wealthy individuals have purchased property and established residency in other nations to protect their wealth, lifestyle and legacy. Image credit: Shutterstock

 

By Staff reports

An estimated 125,000 transnational millionaires will move to a new destination this year, seeking to protect their wealth and lifestyle.

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MOST READ
  1. US to remain world’s largest luxury market by sales, China among fastest growing through 2030: report
  2. African diasporic art show aims ambitiously to widen circle of private collectors beyond community 
  3. Retail, CPG leaders not deploying AI broadly across demand-generating processes: report
  4. Human-led hospitality – critical driver of workplace performance in every sector – being overlooked: report
  5. Parent of Saks, Neiman Marcus gets nod for Chapter 11 exit, reorg plan in tough US luxury retail business 
  6. Beauty brands should place consumer pursuit of longevity, well-being over aesthetics: study
  7. Gstaad tops list of most expensive holiday property markets in Europe’s Alpine region
  8. Luxury marketers and professionals can co-opt AI – or else
  9. Free webinar May 20: How Luxury Agents and Brokers Should Navigate the Real Estate Market
  10. What factors sway millionaires in their global relocation migration?


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