London, UK – A shocking new report reveals a huge shift in global wealth. A record 142,000 millionaires are planning to leave their home countries in 2025. This move involves over $1 trillion in investments, effectively redrawing the world's economic map. The United Kingdom is at the heart of this change. It's facing its biggest loss of wealth ever. A staggering 16,500 millionaires are set to leave the UK. This number is more than double China's millionaire outflow and ten times that of Russia's. This puts the UK at the top of the list for wealthy individuals moving abroad.

What's driving this mass departure? Experts point to new tax rules and concerns about the UK's economy. The recent end of the non-dom tax system and changes to inheritance tax are key reasons. Also, rising capital gains tax and a feeling of instability are pushing the wealthy to look elsewhere. They seek countries with lower taxes, clearer rules, and better investment opportunities. While the UK faces this major outflow, other nations are becoming popular new homes for the rich. The United Arab Emirates is expected to attract 9,800 millionaires in 2025. The United States will also gain a lot, with 7,500 projected arrivals. Italy, Portugal, Greece, and Switzerland are also drawing in wealthy migrants. They offer attractive tax benefits, desirable lifestyles, and programs designed for wealthy investors. The departure of these high-net-worth individuals has serious economic effects. It means a loss of investment, less tax revenue, and reduced spending. It could also hurt job growth and charitable giving. For the UK, this unprecedented exodus raises big questions. It challenges the country's economic future and its standing as a major global financial centre.