Ever wondered where all the millionaires are right now? And where they intend to migrate to in the near term?
Well, that’s what we are going to talk about today with UK-based consultancy firm Henley & Partners.
The company is a global leader in residence and citizenship by investment, with over 40 offices worldwide. It also runs a leading government advisory practice that has raised more than US$10 billion in foreign direct investment.
What’s interesting is that Henley & Partners said its business grew 25% last year and another 35% the year before.
Meanwhile in its “USA Wealth Report”, the company said the number of Americans enquiring about citizenship investments and residency options has risen over four-fold since 2019.
But where are wealthy Americans moving to? What does this mean for the consultancy firm as well as or Asia as the region tries to attract family offices to set up shop?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Scott Moore, Managing Director, Henley & Partners for more.