This article features the 5 Best Countries for Wealthy People to Move To. If you’re interested in comprehensive analysis, go to 25 Best Countries for Wealthy People to Move To.
5. Japan
Investment Attractiveness Ranking: 3
Tax Friendliness Ranking: 12
Quality Of Life Ranking: 14
Average Ranking: 9.67
Japan’s economy flourishes due to its expert workforce and favorable business environment. It had an estimated GDP of $4.94 trillion in 2021. The country’s strengths in cutting-edge research and development in the technology sector and world-class infrastructure provide a fertile ground for investment growth and innovation. Moreover, Japan’s reputation for safety is also noteworthy, with a notably low crime rate compared to many other developed nations.
4. Switzerland
Investment Attractiveness Ranking: 15
Tax Friendliness Ranking: 10
Quality Of Life Ranking: 4
Average Ranking: 9.67
Switzerland is one of the best countries for wealthy people to move to. It hosts a portion of the world’s wealthiest people, with an average per adult wealth of $696,604. The country’s flourishing economy, business-friendly regulations, and exceptional standard of living make it an attractive option for investors searching for a dynamic investment environment and a sophisticated way of life.
3. Finland
Investment Attractiveness Ranking: 16
Tax Friendliness Ranking: 5
Quality Of Life Ranking: 6
Average Ranking: 9
Finland is a hidden gem within Europe, professing a dynamic economy, favorable tax policies, and exceptional quality of life. Finland’s FDI net inflows of 5.5% of its GDP in 2021 and market innovation index of 135.5% of the EU average highlight its appeal as a destination for foreign investment. These promising outlooks, along with the country’s advanced infrastructure and skilled workforce, makes Finland a top choice for investors looking for opportunities in innovative industries.
2. Hong Kong
Investment Attractiveness Ranking: 11
Tax Friendliness Ranking: 2
Quality Of Life Ranking: –
Average Ranking: 6.5
Hong Kong is truly a remarkable destination for investors and entrepreneurs, offering a unique blend of economic vibrancy, favorable tax policies, and cultural diversity. With its strategic location at the gateway to Asia, Hong Kong is a hub for business and commerce, attracting investors from around the world. As per CNN, Hong Kong’s financial secretary has reportedly projected a real GDP growth rate ranging between 3.5% and 5.5% for 2023.
1. Canada
Investment Attractiveness Ranking: 5
Tax Friendliness Ranking: 7
Quality Of Life Ranking: 3
Average Ranking: 5
Canada is undoubtedly the best country for HNWIs to move to, topping our list of investment destinations. Its attractive investment climate, investor-friendly policies, and sound tax system make it a desirable destination for investors seeking long-term financial security. According to the Government of Canada, the industry that employs around 250,000 people experienced a 3.7% rise in GDP for the 12 months ending June 2021. Looking forward, Trading Economics’ global macro models and analyst projections indicate that Canada’s GDP is expected to reach $2 trillion by the end of 2023.
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