Study predicts 'exodus' of millionaires from Germany
WIWO.DE
Exodus
SUMMARY

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.

Advertisement
Scroll to continue reading
▶︎ Click here for more breaking news