Greece is becoming an increasingly popular destination for high-net-worth individuals, with more than 1,200 millionaires expected to move to the country in 2025, bringing an estimated €7.7 billion in liquid assets, en.protothema.gr, has reported. According to the Global Citizens Report by Henley & Partners, Greece now ranks eighth globally for millionaire migration.
Recent arrivals-from Novak Djokovic to investors like Richard Xiao and Tom Greenwood-reflect a broader pattern. Each year, affluent individuals choose Greece for its safety, stability, lifestyle, and pro-investment climate. The report, created with New World Wealth, tracks the movement of over 150,000 millionaires annually and highlights the economic impact of their relocation, including investments in real estate, startups, and tourism.
Analysts note that many wealthy migrants bring their family offices and continue creating wealth from their new base. Globally, around 15% of migrating millionaires are business founders, a figure that rises sharply among those with much higher net worth.
Henley forecasts a record-breaking year, with at least 142,000 people possessing over $1 million expected to migrate worldwide. Projections for final totals may exceed 150,000. These estimates rely on data from the first five months of the year, combined with property records, company registries, family office locations, and other indicators.
Following years of economic hardship, Greece has steadily re-entered the map of preferred destinations thanks to tax reforms and a more investment-friendly environment. A decade-long 24% increase in millionaire inflows highlights this shift.
Henley’s Dominic Volek points to Greece and Portugal as consistently rising destinations, crediting lifestyle advantages, tax incentives, and successful migration programs. In Greece, the Athenian Riviera and islands remain top choices.
Greece now stands alongside major wealth hubs such as the UAE, the U.S., Switzerland, Italy, and Portugal, while countries like the U.K. and China face significant millionaire outflows.
Source: en.protothema.gr
