What does the millionaire migration mean for schools?
High net worth migration is a growing global trend. How will this impact schools and colleges that cater to international citizens and globally mobile families, and which countries will be the beneficiaries? Marianne Curphey learns more.
As global wealth continues to shift across borders, 2025 is shaping up to be a pivotal year for high-net-worth individual (HNWI) migration. According to international wealth and investment migration specialists, Henley & Partners, the UK is expected to lose around 9,500 millionaires this year – the highest outflow globally. But where are they going—and what ripple effects will this migration have, particularly on education systems in their new host countries?Dr Juerg Steffen, CEO of Henley & Partners, says last year 134,000 high-net-worth individuals relocated and established new domiciles worldwide. This exceeded initial forecasts, driven by migration to the UAE, US, and Italy, alongside higher than expected departures from the UK. He predicts 142,000 high-net-worth individuals will seek new horizons in 2025.“This represents the most significant wealth migration wave ever documented and reflects fundamental changes in how affluent individuals approach geographic and financial planning,” he says. The definition of high-net-worth is an individual with liquid investable wealth of USD $1 million or more.
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