Investment Opportunities: Accessing the World’s Wealthiest Cities

Investment Opportunities. The world’s wealthiest individuals shape our cities as much as cities shape wealth creation. This symbiotic relationship drives a clear pattern: capital follows talent, talent follows opportunity, and opportunity clusters in urban centers that understand this dynamic. Our wealth report 2025  https://citizenshiphubs.com/worlds-wealthiest-cities-report/  reveals not just where wealth resides, but how it moves and multiplies across global cities. Leaders and rising stars The USA dominates the Top 50 list with 11 cities, led by New York City with 384,500 millionaires, though the Bay Area which includes the city of San Francisco and Silicon Valley now hosts more billionaires and continues to thrive as the epicenter of technological wealth creation. Los Angeles has surpassed London, pushing the UK capital down to 6th place in our rankings. This continues London’s multi-year decline, while Dubai has climbed from 21st to 18th place, confirming its rising status as a wealth magnet. China’s wealth landscape reveals a telling…

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Centi-Millionaire Hotspots

This is a full list of all the centi-millionaire hotspots that are tracked byHarley and Associates and New World Wealth. The centi-millionaires are arguably the most important wealth band when it comes to wealth creation due to the large percentage of entrepreneurs in this segment. It is worth noting that most of the companies on the Fortune 500, S&P 500, FTSE 100, and Nikkei 225 were started by individuals who went on to become centi-millionaires. Also read the https://citizenshiphubs.com/the-centi-millionaire-report-2024/ CityCountryCenti-Millionaires(USD 100m+)High Growth Potential*Buenos AiresArgentina16SydneyAustralia224MelbourneAustralia108PerthAustralia66BrisbaneAustralia39ViennaAustria74BrusselsBelgium38AntwerpBelgium34St George's ParishBermuda25High growthHamilton ParishBermuda22High growthSão PauloBrazil42Rio de JaneiroBrazil36TorontoCanada184VancouverCanada90MontrealCanada32CalgaryCanada26High growthGeorge Town & Seven Mile BeachCayman Islands40High growthBeijingChina316ShanghaiChina293ShenzhenChina156High growthHangzhouChina104High growthGuangzhouChina69BogotáColombia20San José & Santa AnaCosta Rica17High growthZagrebCroatia15High growthLimassolCyprus22High growthPragueCzech Republic30CopenhagenDenmark42CairoEgypt27HelsinkiFinland33ParisFrance277Nice to ÈzeFrance92BordeauxFrance44Cannes & AntibesFrance35LyonFrance28Saint-TropezFrance14FrankfurtGermany132MunichGermany87BerlinGermany50HamburgGermany41AthensGreece42High growthHong KongHong Kong (SAR China)346BudapestHungary28MumbaiIndia205DelhiIndia125High growthBengaluruIndia43High growthJakartaIndonesia26DublinIreland43Tel Aviv & HerzliyaIsrael76JerusalemIsrael27NetanyaIsrael15High growthMilanItaly182High growthRomeItaly83FlorenceItaly35High growthPorto CervoItaly10High growthTokyoJapan262Osaka–Kyoto–KobeJapan128High growthNairobiKenya10High growthKuwait CityKuwait23Riga & JūrmalaLatvia11High growthLuxembourg CityLuxembourg70Kuala LumpurMalaysia29St. Julian's & SliemaMalta40High growthMexico CityMexico48MonterreyMexico10High growthMonacoMonaco192TivatMontenegro10High growthMarrakeshMorocco14High growthCasablancaMorocco11AmsterdamNetherlands93AucklandNew Zealand38LagosNigeria12OsloNorway52MuscatOman10High growthPanama CityPanama21High growthWarsawPoland32High…

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The World’s Fastest Growing Wealth Hubs

World’s fastest growing wealth hubs is the definitive guide to wealth hubs, city wealth, published annually by Harley & Associates in partnership with wealth intelligence firm New World Wealth. The report provides a comprehensive review of the fastest growing wealth hubs in the world in 2025 with expert insights on economic mobility, prime property, the investment migration sector, and wealth management. It also benchmarks wealth in over 100 centi millionaire hotspots worldwide. Also read https://citizenshiphubs.com/worlds-wealthiest-cities-report/ City/AreaCountryMillionaire growth % (2014 to 2024)Millionaires (USD 1m+)Centi-Millionaires (USD 100m+)Billionaires (USD 1bn+)ShenzhenChina142%50,80015622ScottsdaleUSA125%14,800645BengaluruIndia120%13,600438West Palm BeachUSA112%11,5007810HangzhouChina108%32,20010412DubaiUAE102%81,20023720The Bay AreaUSA98%342,40075682MiamiUSA94%38,80018017Washington DCUSA92%28,9009712AustinUSA90%32,0009010GuangzhouChina88%24,300699DallasUSA85%72,40013516WarsawPoland83%12,800324DelhiIndia82%31,20012516Abu DhabiUAE80%17,800758HoustonUSA75%81,80021016BeijingChina72%114,30031638MumbaiIndia69%51,20020525ShanghaiChina67%110,50029335RiyadhSaudi Arabia65%20,0007711SingaporeSingapore62%242,40033330Taipei CityTaiwan (Chinese Taipei)60%31,4008516MonacoMonaco58%15,80019230CalgaryCanada55%12,500264BangkokThailand53%10,2004510VancouverCanada52%46,4009011JeddahSaudi Arabia52%10,400359 Rankings as at December 2024. All stats in USD terms. This table is limited to cities with over 10,000 millionaire residents. Only includes individuals living in each city (residents). Millionaire figures rounded to nearest 100. Source: New World Wealth

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World’s Wealthiest Cities Report 2025

World's Wealthiest Cities Report 2025 is the definitive guide to city wealth, published annually by Harley & Associates in partnership with wealth intelligence firm New World Wealth. The report provides a comprehensive review of the 50 wealthiest cities in the world in 2025 with expert insights on economic mobility, prime property, the investment migration sector, and wealth management. It also benchmarks wealth in over 100 centi millionaire hotspots worldwide. Read about the world wealthiest cities in 2024 https://citizenshiphubs.com/world-wealthiest-cities/ Top 50 Cities for Millionaires City/AreaCountryMillionaires (USD 1m+)Centi-Millionaires (USD 100m+)Billionaires (USD 1bn+)Millionaire growth % (2014 to 2024)New York CityUSA384,5008186645%The Bay AreaUSA342,4007568298%TokyoJapan292,300262184%SingaporeSingapore242,4003333062%Los AngelesUSA220,6005164535%LondonUK215,70035233-12%ParisFrance160,100277225%Hong KongHong Kong (SAR China)154,900346403%SydneyAustralia152,9002242228%ChicagoUSA127,1002952524%MilanItaly115,0001821724%BeijingChina114,3003163872%Osaka–Kyoto–KobeJapan112,2001281220%ShanghaiChina110,5002933567%TorontoCanada108,4001842018%MelbourneAustralia94,0001081236%HoustonUSA81,8002101675%DubaiUAE81,20023720102%FrankfurtGermany80,300132139%Zurich (canton)Switzerland77,8001801010%DallasUSA72,4001351685%Geneva (canton)Switzerland70,2002151426%MunichGermany69,800871117%SeoulSouth Korea66,0001481617%SeattleUSA53,1001271148%RomeItaly51,8008399%MumbaiIndia51,2002052569%ShenzhenChina50,80015622142%VancouverCanada46,400901152%AmsterdamNetherlands46,10093932%BostonUSA45,000112840%MiamiUSA38,8001801794%MadridSpain34,9007285%PerthAustralia34,60066932%HangzhouChina32,20010412108%AustinUSA32,000901090%ViennaAustria31,50074720%Taipei CityTaiwan (Chinese Taipei)31,400851660%DelhiIndia31,2001251682%MoscowRussian Federation30,00017823-25%Washington DCUSA28,900971292%BerlinGermany28,40050525%BrisbaneAustralia26,40039422%Nice to ÈzeFrance25,50092918%GuangzhouChina24,30069988%Manchester & TraffordUK23,4006877%StockholmSweden23,10060112%Tel Aviv & HerzliyaIsrael22,60076925%DublinIreland22,30043534%LisbonPortugal22,20045440% Rankings as at December 2024. All stats in USD terms. Only includes individuals living in each city (residents). Millionaire figures rounded to nearest 100. Source: New World Wealth

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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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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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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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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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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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World’s Wealthiest Cities Report 2024

Featuring exclusive data including the world’s Top 50 wealthiest cities, and accompanied by expert insights, this informative report published annually by Harley & Associates in partnership with New World Wealth is a must-read for followers of private wealth and investment migration trends — from high-net-worth investors and their advisors, to wealth professionals, and policy makers looking to transform their cities into tomorrow’s wealth magnets. Citizenship By Investment - Harley & Associates (citizenshiphubs.com) and Residence By Investment - Harley & Associates (citizenshiphubs.com) investors must read this updates. Top 50 Cities for Millionaires Top 50 Cities for Millionaires City/AreaCountryMillionaires (USD 1m+)Centi-millionaires (USD 100m+)Billionaires (USD 1bn+)Millionaire growth % (2013 to 2023)New York CityUSA349,5007446048%The Bay AreaUSA305,7006756882%TokyoJapan298,30026714-5%SingaporeSingapore244,8003363064%LondonUK227,00037035-10%Los AngelesUSA212,1004964345%Paris & Île-de-FranceFrance165,0002862312%SydneyAustralia147,0002052034%Hong KongHong Kong (SAR China)143,40032035-4%BeijingChina125,6003474290%ShanghaiChina123,4003223984%ChicagoUSA120,5002902422%TorontoCanada106,3001951825%Milan & LombardyItaly104,5001651520%MelbourneAustralia97,9001121040%FrankfurtGermany94,5001551514%HoustonUSA90,9002581870%Zurich (canton)Switzerland88,4002051020%SeoulSouth Korea82,5001952028%Geneva (canton)Switzerland79,8002441436%DubaiUAE72,5002121578%DallasUSA68,6001251575%MunichGermany68,400851122%MumbaiIndia58,8002362982%Rome & LazioItaly57,60092105%SeattleUSA54,2001301172%ShenzhenChina50,30015422140%AmsterdamNetherlands45,20091933%OsakaJapan43,100695-12%BostonUSA42,900107855%VancouverCanada41,400801050%MadridSpain36,0007488%MiamiUSA35,3001641578%PerthAustralia33,60064828%AustinUSA32,7009210110%HangzhouChina31,60010212125%DelhiIndia30,7001231695%MoscowRussian Federation30,30020723-24%TaipeiTaiwan30,200821541%ViennaAustria29,70070722%Washington, DCUSA28,300881275%BrisbaneAustralia27,20040436%BerlinGermany26,50047530%Nice to ÈzeFrance26,30095925%StockholmSweden24,80064126%GuangzhouChina24,500709110%Tel AvivIsrael24,300821045%DublinIreland24,20043560%AucklandNew Zealand23,40042452%Manchester & TraffordUK23,2006778% Figures for December 2023. Only includes individuals living in each city (residents). Millionaire figures rounded to nearest…

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