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AAP
AAP

Millionaires on the Move: Winners, Losers, and the Global Competition for Wealth in 2026

LONDON, June 16, 2026 /PRNewswire/ -- Singapore, Italy, Switzerland, Greece, Hong Kong, and New Zealand are emerging as some of the most attractive destinations for internationally mobile wealth in 2026 , while the United Kingdom, Germany, France, Norway, and South Korea are facing growing competitiveness pressures as tax reforms, fiscal uncertainty, and policy shifts prompt wealthy individuals and families to reassess their options.

At the same time, two mobility flashpoints look set to reshape the geography of global wealth this year: the US , the world's largest private wealth market and creator of new wealth, is also generating record demand for residence and citizenship optionality as affluent Americans seek international diversification in unprecedented numbers; and the Gulf, where ongoing conflict is testing the resilience of the region's emerging wealth hubs, particularly the UAE — the leading destination for millionaire migration over the past two years — prompting a new phase of contingency planning among its internationally mobile residents.

These findings are among the key insights from the Henley Private Wealth Migration Report 2026 , which identifies a growing shift away from traditional relocation planning as the world's wealthiest increasingly build 'sovereign portfolios' of residence rights, citizenships, investments, and business interests across multiple jurisdictions.

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