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The exodus of high-net-worth individuals could hit a new record.

A record number of millionaires is expected to leave the United Kingdom this year, according to new research.

UK will lose the second-most millionaires of any country – overtaken only by China.

'Perfect storm' of tensions and uncertainty spurs record global wealth shift, report shows.

China and the UK are among the countries losing wealthy individuals.

The UK is on track to lose 9,500 millionaires this year, more than any country in the world except China, according to a new report on the migration intentions of the world’s wealthy.

A record number of millionaires could leave the United Kingdom this year as political turmoil and the potential for higher taxes under a future Labour government reduce the appeal of what was once among the top destinations for the rich.

Henley & Partners’ latest Private Wealth Migration Report 2024 predicts that 9,500 millionaires are expected to leave the U.K.

Wealthy individuals are no longer choosing to call the UK home in response to policy changes such as the abolition of the non-dom tax regime.

UK will lose the second-most millionaires of any country – overtaken only by China.

An estimated 128,000 millionaires are expected to migrate this year.

Recently, there has been a noticeable growth in the number of African nationals pursuing European residence by investment.