The world's richest people are flocking to these countries — here's how you can relocate abroad, too

Core Insights - The report from UBS indicates a significant trend of wealth migration among billionaires, with 36% of their billionaire clients relocating at least once in 2025, and 9% considering a move [1] - The primary motivations for relocation include better quality of life (36%), geopolitical concerns (36%), and more efficient tax organization (35%) [2] Group 1: Migration Trends - The United Arab Emirates (UAE) saw a net inflow of approximately 9,800 millionaires last year, making it the top destination for wealthy individuals due to its zero personal income tax and flexible golden visa program [2] - Europe is also a popular choice, with countries like Portugal and Greece attracting investors through residency programs, while Italy, Monaco, and Switzerland appeal to families seeking stability and tax certainty [3] Group 2: Impact of Geopolitical Events - The ongoing U.S.-Israel war on Iran has created instability in the region, particularly affecting Dubai, which may influence future migration decisions among the wealthy [3] - The UK experienced a significant outflow of approximately 16,500 millionaires following the abolition of its non-domicile tax regime in April 2025, highlighting the impact of tax policy on wealth migration [4]