Global wealth is increasingly on the move, and Greece has secured a place among the most attractive destinations for the ultra-rich, tovima has reported. According to the Henley Private Wealth Migration Report 2025, Greece ranks within the world’s top ten countries drawing in millionaires, alongside the United Arab Emirates, the United States, Italy, Switzerland, Saudi Arabia, Singapore, Portugal, Canada, and Australia.
The report points to a sharp rise in cross-border relocation among high-net-worth individuals-defined as those with assets exceeding $1 million. In 2025 alone, more than 142,000 millionaires are expected to relocate worldwide, including several thousand with fortunes above $30 million.
This unprecedented movement of capital is visible in booming construction from Dubai to Lisbon and from Miami to Athens. While lifestyle factors such as climate, food, and coastal living remain important, financial and strategic considerations are equally influential. Favorable tax regimes, strong investment prospects, personal security, and access to advanced infrastructure all play a decisive role.
Leading the global rankings, the United Arab Emirates is projected to attract 9,800 new wealthy residents this year. The United States follows with an estimated inflow of 7,500 millionaires, many arriving from Asia, Latin America, and the UK. Italy ranks third, drawing around 3,600 newcomers, supported by its 4% inheritance tax, cultural appeal, and renowned quality of life.
Switzerland, Saudi Arabia, Singapore, Portugal, Greece, Canada, and Australia complete the top ten. Greece’s growing appeal is linked to its investment migration schemes, competitive tax environment, and Mediterranean lifestyle. Demand for luxury real estate is rising sharply, particularly along the Athens Riviera and in the Cyclades islands.
In contrast, the United Kingdom is expected to experience the largest net outflow in 2025, with approximately 16,500 millionaires leaving. Significant losses are also forecast for China and India, as well as France, Spain, Germany, Ireland, Norway, and Sweden.
Property ownership remains central to this global shift in wealth. Many ultra-high-net-worth individuals maintain multiple luxury residences across different countries, using real estate as a hedge against uncertainty, a long-term investment, and a means of sustaining international mobility.
As geopolitical instability, climate pressures, technological transformation, and evolving tax policies reshape global priorities, this “great wealth migration” continues to gather pace-with Greece now firmly positioned among the world’s most desirable destinations for the global elite.
Source: tovima.com
