10,000 Chinese And 7,000 Indian Millionaires Moved Out In 2017

China witnessed the most significant outflow of millionaires globally, with as many as 10,000 super-rich Chinese changed their domicile in 2017, according to the report by New World Wealth.

The second was India with 7,000 ultra-rich Indians shifted overseas in 2017. In 2016, the figure stood at 6,000, while in 2015 as many as 4,000 millionaires moved the base.

India is home to 20,730 multi-millionaires and 119 billionaires (3rd largest in the world).

Chinese high-net-worth-individuals moved to the United States, Canada, and Australia, while Indian super-rich moved to the United States, the United Arab Emirates, Canada, Australia, and New Zealand.

Other countries that witnessed large high-net-worth-individuals (HNIs) outflows include Turkey (6,000), United Kingdom (4,000), France (4,000) and Russian Federation (3,000).

1. China: 10,000 super-rich Chinese changed their domicile in 2017

2. India: 7,000 ultra-rich Indians shifted overseas in 2017

3. Turkey: 6,000 super-rich citizens leaving the country in 2017

4. The United Kingdom (4,000 ultra-rich British moved abroad in 2017)

5. France (4,000 super-rich French citizens shifted overseas in 2017)

6. Russia (3,000 ultra-rich Russian shifted overseas in 2017).

Here are the top 9 most popular destinations for the wealthy:

On the other hand, Australia topped the world with a net inflow of 10,000 high-net-worth-individuals. The second was the United States with 9000.

1. Australia
Net inflow of high-net-worth-individuals: 10,000

2. The United States
Net inflow of high-net-worth-individuals: 9,000

3. Canada
Net inflow of high-net-worth-individuals: 5,000

4. Unites Arab Emirates
Net inflow of high-net-worth-individuals: 5,000

5. The Caribbean
Net inflow of high-net-worth-individuals: 3,000

6. Israel
Net inflow of high-net-worth-individuals: 2,000

7. Switzerland
Net inflow of high-net-worth-individuals: 2,000

8. New Zealand
Net inflow of high-net-worth-individuals: 1,000

9. Singapore
Net inflow of high-net-worth-individuals: 1,000

Here are the world’s top 10 countries by wealth growth (in terms of U.S. dollars):

1. Vietnam: 210%
2. China: 198%
3. Mauritius: 195%
4. Ethiopia: 190%
5. India: 160%
6. Sri Lanka: 133%
7. Panama: 125%
8. Uruguay: 117%
9. Malta: 95%
10. Indonesia: 92%

The countries saw the greatest wealth decrease over the last ten years (2007-2017):

1. Venezuela: 48%
2. Greece: 37%
3. Italy: 19%
4. Spain: 19%
5. Norway: 17%
6. Portugal: 13%
7. Netherlands: 12%
8. France: 11%
9. Finland: 11%
10. Egypt: 11%