admin-ajax.php

More Millionaire Migrants to Australia than anywhere else [infographic]

While money may not buy happiness, it does buy the ultimate flexibility for making financial and lifestyle decisions. rich-300x169

For many of the world’s millionaires, money provides a highly effective means to escape their home country when times get tough.

And more and more are moving to Australia according to a report by New World Wealth,

The Top Five Countries (Net Inflows)

In 2016, Australia was the number one destination for millionaire migrants, with the United States close behind.

Country 2016 2015 Increase
1 Australia +11,000 +8,000 38%
2 USA +10,000 +7,000 43%
3 Canada +8,000 +5,000 60%
4 UAE +5,000 +3,000 67%
5 New Zealand +4,000 +2,000 100%

 

Migrants
Courtesy of: Visual Capitalist

HUMAN AND CAPITAL FLIGHT

According to the report by New World Wealth, in 2016, a total of 82,000 millionaire migrants  left for greener pastures.

Like most people, millionaires don’t like uncertainty – and they have the wherewithal and conviction to get out of places that have ongoing issues.

The Top Five Countries (Net Outflows):

Country 2016 2015 Change
1 France -12,000 -10,000 20%
2 China -9,000 -9,000 0%
3 Brazil -8,000 -2,000 300%
4 India -6,000 -4,000 50%
5 Turkey -6,000 -1000 500%

 

ad_GtGR


icon-podcast-large

SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

icon-email-large

PREFER TO SUBSCRIBE VIA EMAIL?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'More Millionaire Migrants to Australia than anywhere else [infographic]' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

facebook
twitter
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!