Top 5 Overseas Destinations for Mega-rich Immigrants – 2018

The Mega-rich Immigrants have been on the move last year, literally, immigrating to diverse Overseas Destinations.

1. Australia – 11,000 more millionaires

The Land Down Under tops the list of Overseas Destinations that welcomed maximum mega-rich immigrants. 11,000 millionaires arrived in Australia that was an increase of 38% over the previous year. These are attracted to the lack of corruption, relative freedoms, and high standard of living in Australia. It has also launched the Significant Investor Visa Program for attracting them.

2. The US – 10,000 more millionaires

The US remains a quintessential destination of opportunities and thus overseas millionaires naturally flock here. The economic stability and high standards of living attract them every year in large numbers. 10,000 millionaires arrived in the US that was an increase of 43% from the earlier year.

3. Canada – 8,000 more millionaires

The Government of Canada had launched the Immigrant Investor Venture Capital scheme in 2015. It offers citizenship to super-rich overseas nationals who invest money in Canada. 8,000 millionaires arrived in Canada in the last year. High standard of living and system of fair taxation lure millionaire immigrants from all over the world to Canada.

4. UAE – 5,000 more millionaires

The United Arab Emirates welcomed a major proportion of millionaires from Turkey in the year 2017. The Turkish millionaires had arrived in the UAE in large numbers. Totally 5,000 overseas mega-rich immigrants arrived in the UAE last year, as quoted by the Guardian.

5. New Zealand – 4,000 more millionaires

The Kiwi nation is a veritable magnet for millionaire immigrants in 2017. A sum of 4,000 mega-rich migrants arrived in New Zealand last year. They are attracted to the stable taxation and political system, lack of corruption, and a high standard of living in the nation.

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