April 13, 2016
In an increasingly globalised world, high-net-worth individuals are breaking boundaries with their penchant for international travel. Certain sociologists and economists have questioned whether this new pattern of rootlessness amongst HNWIs will alter the fabric of countries and communities, considering these influential wealth creators would no longer be as grounded in local businesses and charities.
So why are they moving?
Because relocating is no longer something that’s purely interesting or exotic – but something that many HNWs feel that they need and want to do.
In fact, findings from our ‘Meaning of Life’ report show that 41% of European HNWs have moved to another country to live or work in the last decade, but more importantly, more than one in two plan to relocate in the next ten years.
