Singapore’s millionaire inflow to halve in 2025: report
Meanwhile, Thailand emerges as South-east Asia’s new safe haven, while China’s outflow of affluent individuals slows
Published Thu, Jun 26, 2025 · 04:53 PM
Wealth management
- Traditional destinations for the wealthy such as Singapore (pictured) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025, a report by Henley & Partners shows. PHOTO: TAY CHU YI, BT
- Traditional destinations for the wealthy such as Singapore (pictured) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025, a report by Henley & Partners shows. PHOTO: TAY CHU YI, BT
- Traditional destinations for the wealthy such as Singapore (pictured) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025, a report by Henley & Partners shows. PHOTO: TAY CHU YI, BT
- Traditional destinations for the wealthy such as Singapore (pictured) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025, a report by Henley & Partners shows. PHOTO: TAY CHU YI, BT
- Traditional destinations for the wealthy such as Singapore (pictured) appear to be losing their appeal, with their lowest net inflows on record provisionally expected in 2025, a report by Henley & Partners shows. PHOTO: TAY CHU YI, BT
[SINGAPORE] Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in 2024, a report by investment migration consultancy Henley & Partners showed.
This is even as a record 142,000 millionaires worldwide are expected to relocate this year, according to the
Henley Private Wealth Migration Report 2025, published on Tuesday (Jun 24).
The report found that traditional destinations for these wealthy individuals – such as Singapore, Australia, Canada and New Zealand –
appear to be losing their appeal, with their lowest net inflows provisionally expected this year.