Summary of The Wealthy Migrant

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Private wealth and cross-border migration have increased markedly over the past decade, and these trends have combined to swell the ranks of wealthy migrants. Some countries, particularly those with aging populations, are making the most of this growing cohort through residency and citizenship programs that often require foreign nationals to make financial and business contributions. The Economist Intelligent Unit surveyed a sample of members in this elite club to understand their motivations and experiences. getAbstract recommends the revealing results to human resources professionals and executives thinking of relocating overseas.

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The Economist Intelligence Unit is an independent research and analysis organization.



With a rise in private wealth, particularly in developing nations, many “global citizens” are on the move. The number of migrants worldwide grew to 231.5 million in 2013, up from 154.2 million in 1990. Some 13% of the world’s billionaires reside outside their home country. The United Kingdom, Singapore, the United States, Australia and Hong Kong saw the biggest influx of foreign high net worth individuals (HNWIs) – those “with investable assets of $1 million or more (excluding real estate)” – between 2003 and 2013. China had the greatest number of affluent persons emigrating in that period, followed by India, France...

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