The World’s Wealthy Are Migrating like Never Before

The Economist: “These are unsettling times, even for the rich. Many of those wealthy enough to move abroad for low taxes or their physical or political security are less sure these days about settling in Dubai or Hong Kong, even America or Britain. Dry your eyes, however, for plenty of governments remain eager to take in foreigners with money and skills. And a growing industry of trusted advisers stands ready to help the rich relocate.”

“For these consiglieri, business is booming. Last year more than 140,000 millionaires migrated, the most on record, reckons New World Wealth, a research firm; this year it expects the figure to rise to 165,000.”