Global Millionaire Exodus Continues Amid Economic Slowdowns.
TL;DR
China is expected to lose 13,500 high-net-worth individuals this year, leading to a booming immigration-consulting sector. The outflows of wealthy individuals from China, Russia, and India may be more damaging than usual. The conditions under which they are leaving are unique and raising red flags. It remains to be seen which countries the world's wealthy are most keen on immigrating to.
- As China’s millionaires keep leaving, outflows may be ‘more damaging than usual’ South China Morning Post
- India to lose 6.500 millionaires this year | World Business Watch WION
- China Faces World's Biggest Millionaire Exodus as Economy Slows Bloomberg
- Millionaires are fleeing China at a faster pace as the post-COVID economic rebound fizzles Yahoo Finance
- China millionaire exodus to continue this year: report Nikkei Asia
- View Full Coverage on Google News
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