Feb 11 • 08:06 UTC 🇬🇷 Greece Naftemporiki

The world's rich are migrating rapidly - And Greece is on their radar, where else are they going

Wealthy individuals worldwide are relocating at unprecedented speeds, with Greece being considered as a potential destination.

The article reports on the increasing trend of wealthy individuals, particularly billionaires, relocating to different countries as geopolitical tensions and sudden political changes create a need for stability and security. According to a UBS study, more than a third of their billionaire clients have already changed countries in 2025, with many other wealthy individuals considering similar moves. This trend is especially pronounced among younger billionaires who are reevaluating their residency and citizenship options.

Investment consultants and international banks note that the demand for relocation services, tax planning, and residency or citizenship acquisition is surging. Wealthy families are approaching jurisdictional risks as they would financial risks, with an aim to diversify to avoid potential instability. While low taxes and development opportunities are key factors, affluent families are also seeking stable environments that provide them with the security necessary for their wealth and lifestyle. Greece, with its appealing climate and favorable conditions, is becoming a favored hotspot among this demographic.

The implications of this trend are manifold, affecting not just the countries that these wealthy individuals are leaving, but also those they are moving to, including Greece. The influx of high-net-worth individuals can lead to increased investment in local economies, real estate, and luxury markets, while also potentially raising concerns over affordability and local resource allocations. As the dynamics of wealth migration continue to evolve, observers are keen to understand its long-term impacts on both sending and receiving countries.

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