Asia is producing more millionaires and billionaires than anywhere else in the world and these uber rich, want to immigrate to rich economies with better lifestyle in the New World, not to mention, “The best money can buy – passports and green cards”.
Chinese are the leading HNW investors in United States EB-5, Canada Quebec and Portugal with over 80% of visas goes to Chinese. Chinese also are leading investors in CIP passport programs in the Caribbean (Antigua, St Kitts, Dominica etc).
Now that quotas almost full for EB-5 and Quebec, significant number of Chinese are expected to turn their attention towards European programs. Currently Spain, Portugal, Greece, Belgium offer golden visas in Europe for €500,000 property investment.
Malta offers full EU citizenship for €1 million and Cyprus for €2 million euros. United Kingdom offers permanent residency for £2 million pounds and Ireland offers residency for €500,000 euros.
A number of wealthy indians, south africans, arabs have shown significant interest in acquiring citizenship in Europe through investment besides chinese.
Credit Suisse’s “Global Wealth in 2015” measured the number of millionaires in the world. According to the report, the US has 15.7 million millionaires, highest in the world.
Number of millionaires by country | |||
---|---|---|---|
Rank | Country | Number of Millionaires |
% of adult population |
1 | United States | 15,656,000 | 6.4% |
2 | United Kingdom | 2,364,000 | 4.9% |
3 | Japan | 2,126,000 | 2.0% |
4 | France | 1,791,000 | 3.7% |
5 | Germany | 1,525,000 | 2.3% |
6 | China | 1,333,000 | 0.1% |
7 | Italy | 1,126,000 | 2.3% |
8 | Canada | 984,000 | 3.6% |
9 | Australia | 961,000 | 5.7% |
10 | Switzerland | 667,000 | 10.8% |
11 | Taiwan | 414,000 | 2.2% |
12 | India | 185,000 | 0.0% |
13 | Brazil | 168,000 | 0.1% |
14 | Singapore | 142,000 | 3.5% |
15 | Mexico | 122,000 | 0.2% |
HNWI Wealth Distribution (by Region) | ||
---|---|---|
Region | HNWI Population | HNWI Wealth |
Global | 12 million | $46.2 trillion |
North America | 3.73 million | $12.7 trillion |
Asia-Pacific | 3.68 million | $12.0 trillion |
Europe | 3.41 million | $10.9 trillion |
Latin America | 0.52 million | $7.5 trillion |
Middle East | 0.49 million | $1.8 trillion |
Africa | 0.14 million | $1.3 trillion |