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Read more about the article Democratic Backsliding Drives Millionaire Migration

Democratic Backsliding Drives Millionaire Migration

By Prof. Dr. Yossi Harpaz Wealthy individuals place a high premium on democracy and the rule of law. In countries where these crucial factors are absent or under threat, millionaires are on the lookout for insurance policies and exit options that would help protect their property and personal safety. Such concerns may be driving the recent surge in demand for Plan B residence visas among affluent Americans. Over the past year, advisory firms and attorneys have been flooded with enquiries from wealthy Americans wanting to secure dual citizenship or long-term residence visas abroad as a form of insurance policy against potential disruptions. Interest spiked in the wake of the presidential elections, when it was clear that Donald Trump would return to the White House. But even before the elections, 2024 was a peak year in terms of US demand for golden visas and additional citizenships.1 This boom in interest reflects more…

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Read more about the article A Landmark Year for Wealth Migration

A Landmark Year for Wealth Migration

The landscape of wealth migration underwent another transformative year in 2024, with 134,000 high-net-worth individuals relocating and establishing new domiciles worldwide. This exceeded initial forecasts driven by robust inflows to the UAE, USA, and Italy, alongside higher-than-expected departures from the UK. Looking ahead to 2025, projections indicate an even greater surge in millionaire migration, with 142,000 high-net-worth individuals with liquid investable wealth of USD 1 million or more expected to seek new horizons. This represents the most significant wealth migration wave ever documented and reflects fundamental changes in how affluent individuals approach geographic and financial planning. Figure 1. Millionaire Migration, 2013–2025 Forecast Note: Figures rounded to the nearest 1,000. The Covid-19 pandemic prevented millionaire migration tracking in 2020 and 2021. Sources: New World Wealth December 2024 data The magnitude of this shift becomes clearer when viewed against the backdrop of recent years. From a pre-pandemic peak of 110,000 mobile millionaires in 2019, we saw numbers plummet during…

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Read more about the article Trump’s Re-Election Fuels Dual Citizenship

Trump’s Re-Election Fuels Dual Citizenship

By: Prof. Peter J. Spiro, Professor of Law at Temple University Law School The USA is suffering political whipsaw. Donald Trump’s return to the White House on 20 January promises a sharp swing away from the last four years of Democratic control. Whatever one thinks of the substance of the President-elect’s policy proposals, he attaches no value to continuity. Many Americans are vigorously opposed to Trump and everything he stands for. They find him disruptive and disreputable, and they are deeply disturbed by his re-election. Not much about the next few years and beyond is clear. But that very fact makes one thing certain: more US citizens will be looking for security in the form of exit options. Even if the USA is unlikely to suffer civil disorder, many Americans fear further political disturbances, against which they are seeking insurance. Americans embrace dual citizenship That insurance comes in the form…

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Read more about the article The BRICS Wealth Report: Challenging the Global Economic Order

The BRICS Wealth Report: Challenging the Global Economic Order

Key Statistics 1.6 million BRICS millionaires 4,716  BRICS centi-millionaires 549  BRICS billionaires The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by 85% over the next 10 years, according to the inaugural Brics Wealth Report published today by international investment migration advisory firm Harley and Associates in partnership with global wealth intelligence firm New World Wealth. There are currently 1.6 million individuals with investable assets of over USD 1 million in the grouping of the world’s leading emerging economies, including 4,716 centi-millionaires or ‘centis’ (with more than USD 100 million in investable assets) and 549 billionaires. The original BRICS cohort comprising Brazil, Russia, India, China, and South Africa added substantial new financial firepower and geopolitical clout with the inclusion this month of new Middle East and North Africa (MENA) members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. The BRICS…

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Read more about the article Nauru Economic and Climate Resilience Citizenship Program

Nauru Economic and Climate Resilience Citizenship Program

The Nauru Economic and Climate Resilience Citizenship Program offers a straightforward pathway to citizenship through a direct contribution to the Treasury Fund of Nauru. The Government of the Republic of Nauru unveiled its groundbreaking Nauru Economic and Climate Resilience Citizenship Program at the 2024 United Nations Climate Change Conference (COP 29) in Baku today, directly addressing the key conference themes of climate finance and adaptation. In his address to COP 29 delegates, Hon. Asterio Appi, Nauru’s Minister for Climate Change and National Resilience, presented the innovative financing initiative as an opportunity for conscientious investors to acquire an additional citizenship while contributing to climate adaptation and sustainable development projects in the South Pacific. Minister Appi highlighted the program’s broader impact: “Nauru, like many South Pacific nations, plays an outsized role in protecting globally significant biodiversity. Our ecosystems support more rare, endangered, and threatened species than those anywhere else on Earth. Yet we stand on the frontlines…

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Read more about the article Moving to America: Renewed Demand for US EB-5 Visa

Moving to America: Renewed Demand for US EB-5 Visa

The USA has long been a magnet both for the world’s rich and those seeking fame and fortune. It is the world’s largest economy and remains the undisputed leader in terms of private wealth creation and accumulation, accounting for 32% of global liquid investable wealth — a colossal USD 67 trillion. America is also home to 37% of the world’s millionaires: some 5.5 million high-net-worth individuals with over USD 1 million in liquid investable assets are based there, and a net inflow of 3,800  more millionaires is projected for 2024. Many will relocate to the country by participating in the https://citizenshiphubs.com/the-us-eb-5-immigrant-investor-program/, as recent changes have resulted in reduced waiting times and increased security for applicants, leading to renewed demand.  The enduring appeal of America Against a backdrop of economic instability, ongoing conflicts in Ukraine and the Middle East and increasing divisions in societies around the globe, we’re experiencing an era of extreme uncertainty. Mindful…

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Read more about the article The Harley Opportunity Index

The Harley Opportunity Index

The Harley Opportunity Index is a proprietary benchmarking tool that quantifies the impact and probability of success that a premium education coupled with additional residence rights and/or alternative citizenships acquired through investment migration can have on preserving and growing multi-generational wealth. Investors can identify locations that offer the best ecosystems for future generations to maximize their career prospects and prosperity. INDEX Top Investment Migration Program Options to Access to the World’s Best Opportunities CountryEarning potentialCareer advancementTop-tier employment prospectsPremium educationEconomic mobilityHigh livabilityTotal opportunity scoreSwitzerland100959472927688%USA93869476746682%Singapore100669758926580%Australia66798480927579%Canada67798472737375%United Kingdom59857289756674%Austria65566952926967%United Arab Emirates77448366675665%Hong Kong (SAR China)76708654505064%Spain47606358936164%Italy50615853935962%New Zealand60405656926862%Malta43546839755255%Portugal46424744926155%Greece40374643925252% Methodology to Arrive at this Index Methodology The Harley Opportunity Index quantifies the enormous impact that world-class education combined with expanded access and privileges through investment migration can have in preserving multi-generational wealth. As research shows, over 50-60% of income variation globally is simply attributable to differences in countries’ average incomes. Gaining access to opportunities in more developed economies through education and second citizenship…

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Read more about the article Israel Millionaire Migration: A Changing Landscape

Israel Millionaire Migration: A Changing Landscape

For years, Israel has stood out as a rare economic bright spot in a turbulent region. The country’s thriving tech sector, nicknamed Silicon Wadi, along with its vibrant culture, Mediterranean climate, and attractive tax policies, drew ambitious entrepreneurs and investors from across the globe. Between 2013 and 2022, Israel attracted a net inflow of over 10,500 high-net-worth individuals, solidifying its position as one of the world’s top destinations for millionaire migration. However, the outbreak of war in 2023 has dramatically altered Israel’s status as a magnet for the wealthy. In a stunning reversal, Israel flipped from a net inflow of 1,100 millionaires in 2022 to a net outflow of approximately 200 millionaires in 2023. This seismic shift underscores how swiftly conflict can unravel a country’s appeal to the world’s wealthy and globally mobile.   A nation under siege: Israel’s mounting risks The ongoing war has not only shattered Israel’s image…

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Read more about the article Vietnam Millionaire Migration: The Rising Trend

Vietnam Millionaire Migration: The Rising Trend

Vietnam is experiencing a remarkable period of prosperity, with the country’s millionaire population growing by an impressive 98 %over the past decade. Ho Chi Minh City, the nation’s economic hub, is at the center of this wealth boom, fueled by a dynamic business environment and rapid economic development. Today, Vietnam is home to 19,400 millionaires, 58 centi-millionaires, and 6 billionaires — a testament to its economic progress. However, amid this prosperity, a surprising trend has emerged. In 2024, Vietnam is forecast to experience a net out flow of 300 high net worth individuals as the nation’s millionaires seek opportunities abroad. This exodus is driven by a desire for greater economic prospects, access to world-class education and healthcare, and a higher quality of life. The appeal of investment migration For Vietnam’s ambitious entrepreneurs, investment migration has become an attractive option. These wealth creators are looking to expand beyond the domestic market and tap into the…

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Read more about the article Real Estate-Linked Investment Migration Programs

Real Estate-Linked Investment Migration Programs

European Citizenship by Investment Programs Program Minimum capital Processing time Key benefitMalta Citizenship By Investment - Harley & Associates (citizenshiphubs.com)EUR 600,00014–38 monthsAn attractive place in which to live or own a second home, strategically located, with excellent air linksTurkey Citizenship By Investment - Harley & Associates (citizenshiphubs.com)USD 400,000Three–five monthsFreedom of travel to Türkiye, Hong Kong, Japan, and Singapore, among others Caribbean Citizenship by Investment Programs  Program Minimum Capital Processing TimeKey BenefitsAntigua and Barbuda Citizenship By Investment - Harley & Associates (citizenshiphubs.com)USD 200,000Three–four monthsVisa-free or visa-on-arrival travel to approximately 150 destinations including Hong Kong, Russia, Singapore, the UK, and Europe’s Schengen AreaDominica Citizenship By Investment - Harley & Associates (citizenshiphubs.com)USD 200,000Three monthsVisa-free or visa-on-arrival travel to over 140 destinations worldwide Grenada Citizenship By Investment - Harley & Associates (citizenshiphubs.com)USD 270,000Three–four monthsVisa-free or visa-on-arrival travel to over 140 destinations including China, Russia, Singapore, the UK, and Europe’s Schengen AreaUnlocking the Benefits of St Kitts and Nevis Citizenship (citizenshiphubs.com)USD…

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