The “Private Wealth Migration Reports” published by Henley &Partners focus on people with an investible wealth of $1 million or more. The report includes only the net inflows and outflows of dollar millionaires in countries for the latest projected year 2023, the difference between the number of wealthy people Decamping to a country and the number of emigrants from a country. According to the previous year’s report, it is stated that 300 millionaires moved to Turkey in 2022, and 44 thousand 500 people with a fortune of $1 million and above live in Turkey, 145 people are cent millionaires, and 18 people are dollar billionaires.
International residence and citizenship firm Henley & Partners Turkey Director Burak Demirel announced that a 300-dollar millionaire has settled in Turkey in 2023. While the interest in residence and citizenship through investment programs has increased due to the impact of epidemics and regional developments in the world, Demirel stated that a world record has been broken in wealth migration. Burak Demirel, stating that the Turkish citizenship program has also attracted interest, said that they offer citizenship and residence programs for more than 40 countries. Expressing that the demand for investment-based programs in countries such as Malta, Caribbean countries, Austria, Jordan and Egypt is increasing, Demirel stressed that investors are investing in more than one country for diversification purposes. It was pointed out that the United Kingdom will deal with a larger net shortage of millionaire outflows from Russia in 2023. Noting that a record number of investment transition program inquiries were received in the first quarter of 2023, Henley & Partners Turkey Director Burak Demirel stated that Portugal’s Golden Residence Permit Program remains the most popular program in 2023, Italy’s Residence By Investment Program, Greece’s Golden Visa Program, and Spain’s Residence by Investment Program, which are in the top five that have increased in popularity this year, are immediately followed by their counterparts in the Mediterranean.
According to the 2023 report, Australia is at the top with the entry of millionaires. Australia is expected to attract the earnings of 5,200 high-net-worth individuals (HNWI) in the 2023 report, following the record-breaking influx of 5,200 in the United Arab Emirates (UAE) in 2022. Although it has fallen into line, it is expected to achieve a net inflow of about 4,500 millionaires this year (foreks.com).