MemCast
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Millionaire migration data shows Australia gaining high‑net‑worth individuals while the UK loses them.
  • Recent charts indicate Australia’s net‑worth millionaire inflow outpaces the UK’s outflow.
  • The EMA financial centre has shifted from London to Dubai, reflecting the broader eastward move of capital.
  • This trend underscores the attractiveness of Australian lifestyle, tax environment, and proximity to Asian markets.
  • The influx of wealthy migrants brings capital, entrepreneurship, and demand for high‑value services.
  • In contrast, the UK’s loss of millionaires signals a weakening of its financial magnetism.
Balaji SrinivasanThe Peter McCormack Show00:12:28

Supporting quotes

Australia gaining millionaires while the UK is losing them. Balaji Srinivasan
EMA centre moved from London to Dubai. Balaji Srinivasan

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