Posted 3/21/2024, 6:00:00 PM
Wealthy Americans Fleeing US in Record Numbers, Seeking Safety and Stability Abroad
- Henley & Partners helps wealthy people move to other countries; business is booming with a 500% increase in American inquiries since 2019
- 120,000 high-net-worth individuals changed countries in 2023, up from 51,000 a decade ago
- Wealthy Americans making backup plans to leave due to concerns over politics, school shootings, potential tax hikes
- While over 2,100 millionaires moved to the US last year, more relocated to Australia, UAE, and Singapore
- Cities like Austin, Miami, Scottsdale gaining millionaires, while LA, NY, Chicago seeing declines