Summary of The Wealthy Migrant

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

The Wealthy Migrant summary
Start getting smarter:
or see our plans

Rating

7


Recommendation

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.

About the Author

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

 

Summary

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...


More on this topic

Customers who read this summary also read

Good Economics for Hard Times
8
Global Inequality
9
Capitalism, Alone
9
The Global Risks Report 2019
8
From Managing Decline to Building the Future
8
The Color of Money
9

Related Channels

Comment on this summary