Did you know that Singapore is the fifth richest city in the world and the second-wealthiest in Asia with nearly 250,000 millionaires? 

Well, according to a report by London-based investment migration firm Henley & Partners, that number is set to get even higher with the country set to get 2,800 more High-Net-Worth Individuals this year. 

The report also added that the country could see more of such individuals migrating over to set up family offices and headquarters. So why is this the case? What are some millionaire migration trends and how much money are they bringing with them? 

On Market View, Prime Time's finance presenter Chua Tian Tian spoke with Scott Moore, Managing Director at Henley & Partners to find out more.