Global Millionaire Migration: China Leads Exodus, UAE Tops Destination List

China is expected to see the largest exodus of millionaires this year, with a net 13,500 high-net-worth individuals expected to leave the country, according to a report by Henley & Partners. This trend has been ongoing for the past decade, causing wealth growth in the country to slow down. India is expected to lose a net 6,500 millionaires this year, while Australia is expected to welcome the highest net number of millionaires. Western nations remain an attractive destination for millionaires, with the US, Switzerland, and Canada all in the top 10.