24 June, 2025

Millionaires on the Move: UK Braces for Historic Wealth Flight as Global Migration Peaks



LONDONJune 24, 2025 /PRNewswire/ -- A record-breaking 142,000 millionaires are projected to relocate this year, with the UK expected to see the largest net outflow of high-net-worth individuals by any country since international investment migration advisory firm Henley & Partners and global wealth intelligence firm New World Wealth began tracking millionaire migration 10 years ago.

According to the Henley Private Wealth Migration Report 2025, the UK is forecast to lose a staggering –16,500 millionaires in 2025 — more than double the anticipated –7,800 net outflow from China, ranked 2nd this year after topping the millionaire-loser leaderboard for the past decade. In stark contrast, the UAE retains its crown as the world's leading wealth magnet, with a record net inflow of +9,800 relocating millionaires expected this year — over 2,000 more than the US in 2nd place. +7,500 new wealthy migrants are forecast to make America home by year-end.

Dr. Juerg Steffen, CEO at Henley & Partners, says "2025 marks a pivotal moment. For the first time in a decade of tracking, a European country leads the world in millionaire outflows. This isn't just about changes to the tax regime. It reflects a deepening perception among the wealthy that greater opportunity, freedom, and stability lie elsewhere. The long-term implications for Europe and the UK's economic competitiveness and investment appeal are significant."

For the first time, EU heavyweights France, Spain, and Germany are also expected to see net HNWI losses in 2025 — with projected net outflows of –800, –500, and –400 millionaires, respectively. Ireland (–100), Norway (–150), and Sweden (–50) are beginning to see significant wealth losses too, with many affluent Europeans relocating to more investor-friendly hubs on the continent.

Global winners: Where the wealth is heading

Key beneficiaries of this trend are Switzerland, set to attract a net gain of +3,000 migrating millionaires this year, while ItalyPortugal, and Greece are also forecast to see record inflows of +3,600, +1,400 and +1,200, respectively — driven by favorable tax regimes, lifestyle appeal, and active investment migration programs.

Outside of Europe, Saudi Arabia is the biggest riser on this year's inbound list, projected to see a net inflow of +2,400 new millionaires. Traditional destinations such as Singapore (+1,600), Australia (+1,000), Canada (+1,000), and New Zealand (+150) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025. Thailand (+450) is rapidly emerging as Southeast Asia's new safe haven, with Bangkok positioning itself as a key rival to Singapore.

Hong Kong (+800) and Japan (+600) are forecast to enjoy higher HNWI inflows this year, while Central American and Caribbean jurisdictions — including Costa Rica (+350), Panama (+300), the Cayman Islands (+200), and Bermuda (+50) — are all set to attract record numbers of wealthy migrants to their shores. Three African nations — Morocco (+100), Mauritius (+100), and the Seychelles (+50) — make it onto the inbound millionaire migration rankings for 2025.  

Global losers: Where the wealth is leaving

In Asia, South Korea is expected to see significant net outflows of HNWIs (–2,400), more than double last year's figure. Vietnam (–300) is also beginning to see a worrying uptick in millionaire departures, and Pakistan (–100) continues to lose millionaires to the UAE. Taiwan (–100) presents a mixed picture: while its tech-driven economy remains robust with +65% millionaire growth over the past decade, growing tensions with China and a lack of luxury real estate options appear to be unsettling some of its wealthiest residents.

Despite ongoing instability in the Middle East, Israel is expected to show relatively modest outflows (–350), primarily to the US, while Lebanon (–200) faces concerning losses, with many wealthy individuals relocating to CyprusGreece, and the UAE. Iran (–200) is also losing HNWIs to the UAE.

In Latin America, Brazil (–1,200) and Colombia (–150) are both expected to see sizeable wealth drains, while the other BRICS nations — China (–7,800), India (–3,500), Russia (–1,500), and South Africa (–250) — are all on track to record their lowest net millionaire losses since Covid.


 حركة المليونيرات: المملكة المتحدة تَستعد لهروب ثروات تاريخي مع وصول الهجرة العالمية إلى ذروتها 



لندن24 يونيو / حزيران 2025 /PRNewswire/ -- من المتوقع أن ينتقل هذا العام عدد قياسي يبلغ 142,000 مليونير إلى دول أخرى، حيث يُتوقع أن تُسجل المملكة المتحدة أكبر صافي خروج للأفراد ذوي الثروات العالية بين جميع دول العالم منذ أن بدأت شركة Henley & Partners، الاستشارية العالمية للهجرة عبر الاستثمار، وشركة New World Wealth، المتخصصة في استخبارات الثروات العالمية، في تتبع حركة هجرة المليونيرات منذ 10 سنوات.

ووفقًا لتقرير Henley لهجرة الثروات الخاصة لعام 2025، من المتوقع أن تفقد المملكة المتحدة ما مجموعه –16,500 مليونير خلال عام 2025 - أي أكثر من ضعف تدفقات الخروج المتوقعة للصين والتي تقدر بـ –7,800 مليونير، والتي حلت في المرتبة الثانية هذا العام بعد أن تصدّرت قائمة الدول الخاسرة للمليونيرات طوال العقد الماضي. وعلى النقيض من ذلك تمامًا، تُواصل دولة الإمارات العربية المتحدة تصدّرها كوجهة عالمية أولى لاستقطاب الأثرياء، حيث يُتوقع أن تسجّل صافي تدفق قياسي لأصحاب الثروة يبلغ +9,800 مليونير في عام 2025 - أي أكثر من 2,000 مليونير زيادة عن الولايات المتحدة التي تحتل المرتبة الثانية. أما الولايات المتحدة، فمن المتوقع أن تستقبل +7,500 مليونير جديد بنهاية العام.

قال الدكتور Juerg Steffen، الرئيس التنفيذي لشركة Henley & Partners: "يُمثل عام 2025 لحظة محورية. فهي المرة الأولى خلال عقد من تتبعنا لهجرة أصحاب الملايين، التي تتصدر فيها دولة أوروبية قائمة الدول الأكثر خروجًا للثروات. ولا يتعلق الأمر فقط بتغييرات في الأنظمة الضريبية. بل يعكس شعورًا متزايدًا لدى الأثرياء بأن الفرص والحرية والاستقرار توجد في أماكن أخرى. وستكون الآثار طويلة الأمد على التنافسية الاقتصادية وجاذبية الاستثمار في أوروبا والمملكة المتحدة عميقةً".

للمرة الأولى، من المتوقع أن تَشهد القوى الكبرى في الاتحاد الأوروبي مثل فرنسا وإسبانيا وألمانيا صافي خسائر في عدد الأفراد ذوي الثروات العالية في عام 2025 - حيث يُتوقع أن يبلغ صافي خروج أصحاب الثروات بمقدار –800، و–500، و–400 مليونير على التوالي. كما بدأت كلٍ من أيرلندا (–100) والنرويج (–150) والسويد (–50) تشهد خسائر كبيرة في الثروات أيضًا، مع انتقال العديد من الأوروبيين الأثرياء إلى مراكز أكثر جذبًا للمستثمرين داخل القارة.

الفائزون العالميون: إلى أين تتجه الثروة

المستفيدون الرئيسيون من هذا الاتجاه هم: سويسرا، التي يُتوقع أن تجتذب صافي تدفق قدره +3,000 مليونير مهاجر هذا العام، أما إيطاليا، والبرتغال، واليونان من المتوقع أيضًا أن تشهد تدفقات قياسية تبلغ +3,600 و+1,400 و+1,200 مليونير، على التوالي - مدفوعةً بأنظمة ضريبية مواتية، وأنماط حياة جذابة، وبرامج نشطة للهجرة الاستثمارية.

خارج أوروبا، تُعد المملكة العربية السعودية الأسرع صعودًا في قائمة الوجهات الجاذبة لهذا العام، مع توقعات بصافي تدفق يبلغ +2,400 مليونير جديد. أما الوجهات التقليدية مثل: سنغافورة (+1,600)، وأستراليا (+1,000)، وكندا (+1,000)، ونيوزيلندا (+150) فيبدو أنها تفقد جاذبيتها، حيث من المتوقع أن تسجل أدنى مستويات صافي تدفق على الإطلاق خلال عام 2025. وتبرز تايلاند (+450) بسرعة كملاذ آمن جديد في جنوب شرق آسيا، حيث تسعى بانكوك إلى ترسيخ مكانتها كمنافس رئيسي لسنغافورة.

كما يُتوقع أن تستقطب كلٍ من هونغ كونغ (+800) واليابان (+600) أعدادًا أكبر من الأفراد ذوي الثروات العالية هذا العام، في حين تشهد الولايات القضائية في أمريكا الوسطى ومنطقة البحر الكاريبي - بما في ذلك كوستاريكا (+350)، وبنما (+300)، وجزر كايمان (+200)، وبرمودا (+50) - تدفقات قياسية من الأثرياء إلى شواطئها. ظهرت ثلاث دول على قائمة هجرة المليونيرات الوافدين لعام 2025، وهي: المغرب (+100)، وموريشيوس (+100)، وسيشل (+50).

 الخاسرون العالميون: من أين تغادر الثروة

في آسيا، من المتوقع أن تشهد كوريا الجنوبية تدفقات خروج كبيرة من الأفراد ذوي الثروات العالية (–2,400)، وهو أكثر من ضعف رقم العام الماضي. بدأت فيتنام (–300) أيضًا تشهد ارتفاعًا مثيرًا للقلق في خروج المليونيرات، وتُواصل باكستان (–100) فقدان المليونيرات لصالح الامارات العربية المتحدة. تظهر تايوان (–100) صورة مختلطة: فعلى الرغم من أن اقتصادها القائم على التكنولوجيا لا يزال قويًا، مع نمو عدد المليونيرات بنسبة +65% خلال العقد الماضي، فإن تصاعد التوترات مع الصين ونقص خيارات العقارات الفاخرة يبدو أنه يثير قلق أغنى سكانها.

على الرغم من عدم الاستقرار المستمر في الشرق الأوسط، من المتوقع أن تظهر إسرائيل تدفقات خروج متواضعة نسبيًا (–350)، في المقام الأول لصالح الولايات المتحدة في حين أن لبنان (–200) يُواجه خسائر كبيرة، حيث ينتقل العديد من الأفراد الأثرياء إلى قبرص، واليونان، والامارات العربية المتحدة. كما تخسر إيران (–200) أيضًا الأفراد ذوي الثروات العالية لصالح الإمارات العربية المتحدة.

وفي أمريكا اللاتينية، من المتوقع أن تسجل البرازيل (–1,200) وكولومبيا (–150) نزيفًا ملحوظًا في الثروات، أما بلدان بريكس الأخرى - الصين (–7,800)، والهند (–3,500)، وروسيا (–1,500)، وجنوب أفريقيا (–250) - فجميعها في طريقها إلى تسجيل أدنى مستويات صافي خسارة للمليونيرات منذ جائحة كوفيد.

BRIX CAFÉ TURNS INTO A COZR PIZZERIA BY THE HARBOR THIS SUMMER

Introducing Pizza Evenings: a fresh new reason to linger past sundown
 
As the sun sets over Jumeirah Fishing Harbour, Brix Café is taking on a delicious new turn. Dubai’s beloved dessert and specialty café transforms into a cozy, harbor-side pizzeria every evening from 6PM to 10PM, offering freshly fired pizzas in an intimate setting that’s perfect for laid-back summer nights.
Helmed by Chef Carmen Rueda, named Pastry Chef of the Year 2025 by World’s 50 Best earlier this year, Brix Café is no stranger to dough mastery and this new pizza chapter is no exception! Guests can now expect the same level of precision and creativity the café is known for, served in the form of golden, blistered crusts and thoughtfully layered toppings. The Truffle Pizza leads with indulgence - earthy, rich, and delicately creamy. The Bresaola Pizza brings a smoky, savory edge with cured beef and melty cheeses, while the Bacon Pizza adds a playful crunch with layers of flavor that hit all the right notes. For something lighter, the Zucchini Pizza is a fresh and herbaceous favorite - simple, bright, and perfect for summer.
Whether you’re dining al fresco on the terrace on the cooler nights or tucking into a warm corner inside, Pizza Evenings at Brix Café offer a charming new way to experience Jumeirah after dark - cozy, casual, and full of flavor!

THE MICHELIN GUIDE EXPANDS ITS CULINARY HORIZONS TO SAUDI ARABIA




  • The MICHELIN Guide announced its arrival in a new destination: Saudi Arabia, for an upcoming 2026 edition.

  • The restaurant selection for the inaugural edition will be unveiled towards the end of the year 2025.

  • The renowned anonymous MICHELIN Inspectors are already in the field, meticulously exploring the Kingdom's vibrant culinary scene.


The MICHELIN Guide announced today its latest expansion into the vibrant culinary landscapes of Saudi Arabia. This new selection will focus on the bustling cities of Riyadh and Jeddah, while also beginning to explore the diverse regions of the Kingdom, including Khobar, AlUla, and many more. The prestigious guide revealed that its independent, anonymous inspectors have been thoroughly exploring these areas to identify the most outstanding dining establishments. This selection will highlight the best of Saudi Arabia's dining scene, showcasing talented chefs and teams who embody passion, creativity, and respect for local culinary traditions. 


"These past few years, our MICHELIN inspectors have been keeping a watchful eye on The Kingdom’s culinary progression and continue to relish the wonderful spectrum that this fast-developing country has to offer,” explained Gwendal Poullennec, International Director of the MICHELIN Guide.


Saudi Arabia stands as a unique destination, offering an exquisite blend of ancient history, rich culture, and modern luxury. The Kingdom's diverse landscapes, from the vast deserts to the stunning Red Sea coastline, provide a backdrop for unforgettable experiences. It is home to several UNESCO World Heritage Sites such as Diriyah, and its deep historical and cultural heritage sets it apart. This distinctive blend makes Saudi Arabia an unmatched destination for food lovers, history enthusiasts, and avid travelers.


The warmth and generosity of the Saudi people further enhance the travel experience, making every visitor feel welcome and valued. From the heartwarming traditional Saudi restaurants keen to preserve and showcase recipes that have been handed down through the generations, to the always-packed restaurants, and jaw-dropping malls such as VIA Riyadh that feature renowned global brands.


Saudi Arabia's diverse and dynamic food culture, from the aromatic spices of traditional dishes to the contemporary creations of modern chefs, is now set to receive the global recognition it deserves. The MICHELIN Guide's presence will not only highlight the culinary talents within the Kingdom but also attract food enthusiasts and connoisseurs from around the globe, eager to explore the unique and exquisite flavors that Saudi Arabia has to offer. Unforgettable experiences aplenty; be it kabsa in a Najd setting or Mubahar rice with the locals, fabulous mini cheese and honey glazed sambosas galore or a mouthwatering masabeeb, the generosity, pride, and hospitality remain firmly in the memory. Additionally, our inspectors observed an impressive culinary diversity, where American cuisine mingles with Japanese, Chinese, Greek, and Thai. Whether it's exceptional Saudi dishes or global favorites, Saudi Arabia offers something for every international traveler eager to explore the captivating sights while savoring the diverse culinary offerings.


Mayada Badr, the CEO of the Saudi Culinary Arts Commission, said: “Our collaboration with the MICHELIN Guide marks an important milestone in celebrating the unique and diverse culinary scene of Saudi Arabia. It shines a light on the creativity and excellence of our chefs and restaurants, and invites the world to discover the distinct flavors and experiences the Kingdom has to offer.”

 

For decades, the MICHELIN Guide has been the gold standard in recognizing and celebrating exceptional dining experiences. Its arrival in Saudi Arabia is a testament to the country's burgeoning culinary landscape, where tradition meets innovation, and local flavors are elevated to new heights. As the MICHELIN Guide begins its journey in the Kingdom, it invites both locals and visitors to embark on a culinary adventure like no other. 


The MICHELIN Guide Methodology

The MICHELIN Guide was created in 1900 by the Michelin tire company to support the growth of automobile mobility. Since then, it has remained loyal to its original mission: to settle in mature gastronomic destinations, to guide international travelers and local foodies to the best restaurants, to highlight world culinary scenes, and to promote travel culture. 


The selection will be made according to the MICHELIN Guide’s historic methodology, focusing only on the quality of the cuisine proposed by the restaurants, which the anonymous MICHELIN Guide Inspectors evaluate by following five universal criteria:

  • The quality of the ingredients

  • The mastery of cooking techniques

  • The harmony of flavors

  • The personality of the cuisine

  • The consistency both over time and through the menu as a whole


The MICHELIN Guide Restaurant Selection

The MICHELIN Guide conveys its restaurant reviews through an extensive system of distinctions, which are awarded to special restaurants within its full selection. The most famous distinctions are its globally renowned MICHELIN Stars awarded to the restaurant offering the best culinary experiences. One MICHELIN Star is awarded to restaurants for “high-quality cooking that is worth a stop,” two MICHELIN Stars for “excellent cooking that is worth a detour,” and three MICHELIN Stars for “exceptional cuisine that is worth a special journey.”


Alongside the coveted Star ratings, the selection also includes the popular Bib Gourmand category, a distinction awarded to restaurants that provide good quality food at a moderate price.


The MICHELIN Guide is committed to maintaining the highest global standards in its restaurant selection process. Our team of anonymous, experienced, and expert inspectors conduct continuous and rigorous evaluations of restaurants. These evaluations are carried out objectively and independently, ensuring that external factors do not influence the results. This dedication to impartiality and excellence guarantees that only outstanding dining establishments are recognized.


For the first time, the MICHELIN Guide Saudi Arabia 2026 selection will be revealed in three stages. On the 15th of each month from October to December 2025, the inaugural selection for Saudi Arabia will be unveiled on our dedicated digital platform: guide.michelin.com/en/food-and-travel-saudi-arabia 


To learn more about the MICHELIN Guide history, methodology or selection organization, please visit guide.michelin.com or follow updates on facebook.com/MichelinGuideME and instagram.com/michelinguide.









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Baseload Power Japan to Champion Geothermal at World Expo Nordic Energy Day

 

Baseload Power Japan, a geothermal energy developer, will put the spotlight on geothermal as a key enabler of Japan’s Green Transformation (GX) at Nordic Energy Day during the World Expo this June.

 

 

“It’s an honor to represent Sweden, Japan, and the promise of geothermal at such a prestigious event,” said Petter Sund, Representative Director of Baseload Power Japan. “Geothermal can deliver clean, stable energy, strengthen resilience, and help revitalize rural communities. That’s why we must accelerate its development.”

 

Situated on the Pacific Ring of Fire, Japan has an estimated 23.5 GW of untapped geothermal potential, the third largest in the world and enough to replace nearly half its nuclear capacity and reduce reliance on imported fossil fuels.

 

The Japanese government plans to more than double geothermal output by 2030 to support its 2050 net-zero goal. However, challenges remain, including grid access, regulatory complexity, and local acceptance, as some hot spring operators worry geothermal may affect water availability. “These concerns matter,” continues Sund. “But done responsibly, geothermal doesn’t compete with onsen culture, it can support it, bringing investment, jobs, and long-term community benefits.”

Baseload’s strategy is rooted in its “Three Ps”: pushing boundaries by exploring overlooked and lower-temperature resources; building project portfolios to scale and reduce risk; and forging long-term partnerships with investors, communities, and technical experts.

Beyond Japan, Baseload recently partnered with Google to develop geothermal projects in Taiwan underscoring growing global interest in this underutilized, 24/7 energy source.

 

We believe geothermal is the world’s largest untapped renewable,” concludes Sund. “Together with solar and wind, it forms the green triangle we need to power a cleaner future. But to realize its potential, we need to scale it. That takes vision, collaboration, and the courage to challenge convention. At Baseload we like to say `The world has power, let’s switch it on´, and that’s what we’ll be speaking about at Expo in Japan.”

 

 

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