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The Latest Breaking News from Henley Partners

Europe’s most powerful passports revealed as US falls to lowest rank in 20 years

America’s passport power has plummeted to an all-time low, while Europe retains its stronghold thanks to visa-free access.

Euronews

Under Donald Trump, there is a new American dream as U.S. achieves milestone it has avoided for the last 20 years

The country isn't doing so well.

We Got This Covered

US falls out of world’s 10 most powerful passports list for first time in 20 years

Declining strength of US passport, tied with Malaysia’s at 12th, signals ‘shift in global mobility’, says index creator

The Guardian - US

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US not ranked among world’s top 10 ‘most powerful passports’ for first time in 20 years

Back in 2014, the American passport was unrivalled at No. 1

The Independent UK

Ranks of crypto millionaires boom 40% in a year as Bitcoin races to all time highs

Boom came as President Trump and the First Lady launched their own cryptocurrencies

Evening Standard

Millionaires may not be fleeing the UK in droves – but there are reasons these stories persist

News stories in recent months have claimed that more than 16,500 millionaires are expected to leave the UK in 2025 due to the country’s increasing tax burden. Notably, the abolition of “non-dom” tax rules has been touted as one of the reasons for this “millionaire flight”. It might seem that…

The Conversation

Less Tax, More Luxury: Millionaires Flock To Dubai

Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere.

International Business Times

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142,000 millionaires are uprooting in 2025—forget Switzerland, they're flocking to this eastern European nation

The ultra-rich are fleeing once hotspots of wealth like London and Paris in favor of Montenegro, the world’s fastest-growing millionaire hub.

Fortune

How powerful is your passport? New 2025 rankings reveal Europe’s winners and losers

Singapore claims top spot as Asian nations surge ahead, while Belarus and Kosovo remain Europe’s weakest links.

Euronews

Friday briefing: The myth of the fleeing super-rich – and the real tax debate

In today’s newsletter: Headlines claim wealthy individuals are leaving the UK over tax fears – but the data tells a different story. We look at what’s driving the narrative

The Guardian - UK

Flight of the non-doms: how worried should Labour be about the super-rich leaving the UK?

Reports say wealthy elite are leaving over tax changes – prompting a possible rethink by Rachel Reeves – but hard data is tricky to find

The Guardian - UK

Super-wealthy on the move: Italy to attract 3,600 millionaires in 2025

Italy is the third most popular global destination for millionaires seeking tax advantages and a high-quality lifestyle, according to a recent report.

Euronews

Trump's $5 Million 'Gold Card' Draws Global Elite, But Lawyers Warn 'Many High-Net-Worth Individuals Will Not Apply' Without Tax Clarity

President Donald Trump‘s $5 million “Trump Card” immigration program has attracted 70,000 initial registrations but faces significant legal and tax obstacles that could limit its appeal to ultra-wealthy investors, according to immigration attorneys and wealth advisors.

Benzinga

Britain on track to lose 'unprecedented' 16,500 millionaires in 2025 amid high taxes and non-dom crackdown

The UK is set to lose twice as many high net worth individuals as China and ten times as many as Russia this year

Evening Standard

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Evening Standard

UK forecast to suffer world's biggest exodus of millionaires in 2025

The UAE will see the biggest influx of millionaires this year followed by the USA and Italy

Evening Standard

Super-rich flee London: Capital suffers biggest exodus of millionaires in the world, new study shows

Tax rises, Brexit and a weakening pound to blame for 11,300 millionaires leaving the city in just 12 months

Fortune

U.K.'s wealth exodus has only just begun, as the effects of dismantling its multi-billion dollar non-dom tax regime kick in

Official data suggests some 74,000 people claimed non-dom status in 2023, accounting for £8.9 billion in tax revenues for the U.K.

Fortune

Europe doesn't stand a chance at increasing its centimillionaire pool

This centimillionaire group has exploded by over 50% in the last 10 years, with nearly 30,000 individuals striding into the ultra-rich club.

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Al Jazeera

China’s millionaires eye the exit as economic storm clouds gather

Some 15,200 Chinese millionaires were expected to relocate in 2024, according to Henley & Partners.

Fortune

American interest in moving abroad is about to 'go into overdrive.' These are the easiest countries to immigrate to

Immigration firms expect more Americans to look into moving abroad following Tuesday's election.

Fortune

Europe doesn't stand a chance at increasing its centimillionaire pool

This centimillionaire group has exploded by over 50% in the last 10 years, with nearly 30,000 individuals striding into the ultra-rich club.

Fortune

Singapore is the only Southeast Asian city on a ranking of centi-millionaires—and that could be good for its economy

The city-state ranks 6th in a list of top 50 cities for people with liquid investable assets of $100 million or more.

International Business Times UK

NYC Has Over 300K Millionaires and 60 Billionaires: How Many Millionaires Are In Your City?

The number of millionaires in New York City has surpassed the number of people with a seven-figure net worth in the Bay Area and Singapore over the past decade.

Latin Times

Miami, Dallas among cities with the largest increase in millionaires over the past decade

They saw a 78% and 75% increase, respectively. New York is still the city with the largest amount of wealthy individuals in the world

Radio France Internationale

Number of African-born millionaires to skyrocket over next decade: report

Africa’s millionaire population is expected to rise by 65 percent within the next 10 years, accordig to the 2024 Africa Wealth Report, published this week.

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