- by travelandtourworld
- 01 Sep 2025
Greece has emerged as one of the most attractive destinations for millionaires in 2025, joining global hotspots such as the UAE, US, Italy, Switzerland, Saudi Arabia, Singapore, Portugal, and Canada. The surge in wealthy relocations is driven by a combination of factors including investment opportunities, favorable tax policies, personal safety, and the Mediterranean lifestyle. Luxury real estate along the Athens Riviera and the Cycladic islands is seeing heightened demand, reflecting the country’s growing appeal among high-net-worth individuals seeking both strategic advantages and an enviable quality of life.
Among the leading destinations, the United Arab Emirates is expected to attract the largest number of new wealthy residents in 2025, with nearly 9,800 arrivals. The United States follows with approximately 7,500 high-net-worth migrants from Asia, Latin America, and Europe. Italy ranks third, leveraging low inheritance taxes, rich cultural heritage, and an attractive lifestyle to draw affluent newcomers.
At the same time, several nations are seeing notable outflows of wealth. The United Kingdom is projected to experience the largest net loss, with an estimated 16,500 millionaires relocating abroad in 2025. China, India, France, Spain, Germany, Ireland, Norway, and Sweden are also reporting significant departures. These trends underline the mobile nature of global wealth and emphasize the importance of policies designed to attract and retain affluent residents.
Real estate remains a central driver of wealth migration. Ultra-high-net-worth individuals frequently own multiple properties across countries, using them both as investment assets and as safeguards against political or economic instability. These holdings serve not only as luxurious homes but also as strategic tools for preserving wealth and maintaining flexibility in an uncertain global landscape.
Greece has joined the UAE, US, Italy, Switzerland, Saudi Arabia, Singapore, Portugal, and Canada as a top destination for millionaires in 2025, driven by investment opportunities, favorable tax policies, personal safety, and its coveted Mediterranean lifestyle.
Air Canada has caused major disruptions for thousands of travelers with nine flight cancellations. These delays are affecting key airports in both Canada and the US, including Toronto Pearson, Montreal-Trudeau, LaGuardia, Los Angeles, and Denver. The flight cancellations have left many passengers stranded and frustrated. The affected airports are vital travel hubs, with Toronto Pearson and Montreal-Trudeau serving as major Canadian gateways, while LaGuardia, Los Angeles, and Denver play critical roles in US air travel. This wave of disruptions has significantly impacted travelers’ plans, particularly during peak travel times.
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