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Millionaires pack their suitcases in large numbers Hoping to find more safe places for their money, since the global economy is littered by continuous armed conflicts and trade wars. It is called the 'great rich community'. And countries such as Montenegro, VAE and Malta see a significant growth in the number of millionaires within their borders.
A historic shift is underway under the richest in the world. This year, around 142,000 millionaires are planning to move – luxurious luxury such as London Penthouses and French estates in favor of larger opportunities and financial stability abroad.
While long-term favorites such as Switzerland, the United States and the United Arab Emirates (VAE) continue to attract their share of prosperous individuals, a less well-known Eastern European nation has just been crowned the fastest growing Millionary Hub in the world.
Featured between the blue-watery Adriatic Sea and the towering Dinaric Alps, Montenegro has experienced an increase of 124% in the number of millionaires within its limits in the past decade, according to the Henley Private Wealth Report 2025.
And although the rising population of 2,800 millionaires is still being overshadowed by many other countries, the Balkan nation attracted a wave of interest, thanks in part to the former investment-citizenship program (often known as a 'golden passport').
In general, Montenegro remains particularly attractive because of the European proximity and tax flexibility, according to Henley & Partners' group head of private customers Dominic Volek. Moreover, the views are unbeatable.
“The low tax regime of Montenegro, with fixed income tax and no inheritance or gift tax, has made it particularly attractive for the preservation of wealth,” Volek said Fortune.
“In combination with its Adriatic coastline, luxury reasons for real estate and an attractive Mediterranean lifestyle, the country has become a favorite destination for investors motivated by lifestyle.”
Next year it is expected that an even larger number of millionaires will move – according to the report, it is expected that around 165,000 will migrate to greener meadows around the world.
Recent geopolitical instability, macro-economic headwind and sociopolitical fragmentation have only accelerated the ultra-rich desire to migrate, said Volek. So much so that some individuals have started to call it the 'great rich community'.
“As major powers become more entangled, worldwide investors increasingly abandon the political risk in the decisions of residential and portfolio,” Volek said.
