Greece and Portugal Rank Among the World’s Top 10 Millionaire Migration Destinations

• 21 January, 26

According to Greek media reports, the 2025 Henley Private Wealth Migration Report reveals that Greece and Portugal have both secured spots among the world’s top 10 destinations for millionaire migrants. They now stand alongside the UAE, the United States, Italy, Switzerland, Saudi Arabia, Singapore, Canada, and Australia.

The report highlights a rapid acceleration in cross-border migration among high-net-worth individuals (those with assets exceeding USD 1 million). In 2025 alone, more than 142,000 millionaires are expected to relocate internationally, including several thousand individuals with wealth exceeding USD 30 million. This large-scale “wealth migration” is reshaping real estate markets and investment landscapes across multiple countries.

Within Europe, Greece and Portugal are emerging as particularly attractive destinations. From Lisbon to Athens, booming construction activity reflects a dual inflow of capital and population. While favorable climate, healthy cuisine, and coastal lifestyles play a role, more decisive factors include financial and strategic considerations such as favorable tax regimes, solid investment prospects, personal security, and well-developed infrastructure.

Greece: Mediterranean Lifestyle Meets Investment Migration Benefits

Greece has seen a significant rise in appeal, driven by its investment migration “Golden Visa” program, a relatively competitive tax environment, and an attractive Mediterranean lifestyle. The report notes sustained growth in demand for luxury real estate, especially along the Athens Riviera and in the Cyclades islands. High-net-worth individuals increasingly view Greece as a destination that combines quality of life with strong asset allocation potential.

Portugal: Tax-Friendly Policies and Stable Returns

Portugal also remains firmly in the global top 10, supported by its long-standing tax incentives, political and social stability, and a welcoming environment for foreign residents. Demand for high-end residential properties is strong in Lisbon, Porto, and the Algarve. Real estate is widely regarded both as a hedge against uncertainty and as a source of long-term, stable returns.

On the global stage, the UAE ranks first, with an estimated 9,800 new wealthy residents expected in 2025. The United States follows with around 7,500 incoming millionaires, while Italy takes third place with approximately 3,600 newcomers, supported in part by its low 4% inheritance tax policy.

In contrast, the United Kingdom is projected to experience the largest net outflow, with about 16,500 millionaires leaving in 2025. China, India, and several European countries including France, Spain, Germany, Ireland, Norway, and Sweden are also facing significant wealth outflows.

Overall, real estate remains the central driver of global wealth migration. An increasing number of ultra-high-net-worth individuals are holding luxury properties in multiple countries to diversify assets, and maintain international mobility. Within this evolving global landscape, Greece and Portugal are steadily rising as key European hubs for wealthy migrants.

Cre: 希中网