Study predicts 'exodus' of millionaires from Germany

The "Private Wealth Migration Report" by Henley & Partners reveals a notable trend: more millionaires are leaving Germany than arriving. By year’s end, an estimated 400 millionaires will exit, taking with them about two billion euros.

High taxes, bad economy, safety concerns

Reasons for this exodus include negative economic growth, high taxes, and concerns about education and safety for families.

For the first time since they began recording, more millionaires will leave Germany this year than millionaires will immigrate.

Popular new homes for these wealthy individuals include Switzerland, Italy, the USA, and the UAE.

The UK is projected to lose 16,500 millionaires, while China will see an exodus of 7,800. The report indicates a shift in wealth migration, impacting Europe's economic competitiveness. As millionaires migrate, Henley & Partners continues to thrive.