The data reflects the total number of millionaires who have moved to a new country since 2013 — namely, those who have relocated and remained in their new country for longer than six months. There was a steady growth trajectory until 2020 when the Covid-19 pandemic hampered the migration and tracking of millionaires on the move. Recovery commenced rapidly in 2022 with record migration flows recorded in 2023. The 2024 provisional figures and 2025 forecasts indicate continued growth.
Year | No. of millionaires that migrated | |
---|---|---|
2013 | 51,000 | |
2014 | 57,000 | |
2015 | 64,000 | |
2016 | 82,000 | |
2017 | 95,000 | |
2018 | 108,000 | |
2019 | 110,000 | |
2020Coronavirus impact | 12,000 | |
2021Coronavirus impact | 25,000 | |
2022Coronavirus impact | 84,000 | |
2023 | 120,000 | |
2024Provisional | 128,000 | |
2025Forecast | 135,000 |
Source: New World Wealth
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