Millionaires Are Walking Away from the UK

UK set to lead global millionaire exodus in 2025, with record outflows amid shifting wealth dynamics and tax-driven relocations.

Millionaires Are Walking Away from the UK
Dr Juerg Steffen, CEO of Henley & Partners

An unprecedented 142,000 millionaires are forecast to relocate across borders in 2025, marking the highest level of private wealth migration recorded in over a decade.

At the centre of this dramatic global reshuffling of wealth lies the United Kingdom, which is forecast to register the most substantial net outflow of high-net-worth individuals (HNWIs) of any country in the world since records began.