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Millionaires On The Move: Winners, Losers, And Global Wealth Competition In 2026

Emerging Wealth Hubs Redefine Global Attraction

Shifting tax policies, regulatory changes and geopolitical uncertainty are influencing where affluent individuals choose to live, invest and establish long-term residence. According to the latest Henley & Partners report, countries including Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand are gaining prominence as destinations for globally mobile wealth, while traditional centers such as the United Kingdom, Germany, France, Norway and South Korea face increasing competition.

A Pivotal Evolution In Wealth Mobility Analysis

The 2026 Henley & Partners report introduces the Global Wealth Mobility Framework, developed in collaboration with AlphaGeo. The model evaluates jurisdictions across 12 weighted factors, including taxation, rule of law, quality of life and geopolitical stability.

Covering applicants from 86 nationalities and 47 investment migration programmes, the framework aims to assess the structural factors influencing wealth mobility rather than focusing solely on migration statistics.

Structural Competitiveness And Jurisdictional Shifts

Findings in the report indicate that affluent families are increasingly building multi-jurisdictional portfolios that combine residence rights, citizenships, investments and business interests across several countries.

Commenting on the trend, Henley & Partners Chief Executive Officer Juerg Steffen said governments are increasingly competing for internationally mobile capital and talent, rather than relying on their wealthiest residents to remain in one location.

Regions Under Pressure And Markets To Watch

Tax reforms and changing policy frameworks are affecting wealth mobility patterns across several countries.

The United Kingdom has experienced rising interest from both domestic and international applicants following changes to tax arrangements and immigration policies. Germany and France are also facing pressure as concerns over fiscal policy encourage some wealthy individuals to consider alternatives abroad.

At the same time, countries such as Italy and Greece have benefited from policies aimed at attracting foreign investors and affluent residents.

The American Wealth Paradox And International Diversification

Despite remaining one of the world’s largest generators of private wealth, the United States ranked lower in terms of wealth mobility competitiveness.

Factors including citizenship-based taxation and complex immigration procedures have encouraged some affluent Americans to pursue additional residence and citizenship options overseas.

According to Basil Mohr-Elzeki, Managing Partner at Henley & Partners, many wealthy families are increasingly viewing international residence and citizenship as part of broader diversification strategies designed to mitigate political and economic risks.

Resilience In The Gulf: A Balancing Act

The United Arab Emirates recorded a Wealth Mobility Competitiveness Score of 85.3, maintaining its position as a major destination for entrepreneurs and investors.

Despite regional tensions, Henley & Partners reported continued interest from expatriates and high-net-worth individuals. Dominic Volek, Group Head of Private Clients at the firm, said enquiries suggest that many investors are seeking greater diversification and contingency planning rather than leaving the country altogether.

Conclusion: A New Era Of Global Wealth Strategy

The 2026 Henley Private Wealth Migration Report highlights how wealth mobility is increasingly shaped by structural factors rather than migration figures alone. As affluent individuals expand their international footprints, governments are facing greater competition to attract investment, talent and entrepreneurial activity

Cyprus Innovation Leaders Gather For RIF’s Annual The Bash 2026

More than 200 leaders from Cyprus’ research, innovation and entrepreneurship community came together on Tuesday for The Bash 2026, the annual flagship networking event of the Research and Innovation Foundation (RIF).

Held under the theme “Let’s Cheers to Innovation Together!”, the gathering brought into one room the startups, scaleups, investors, academics, business support organisations, public sector representatives and policymakers helping shape Cyprus’ next phase of innovation-led growth.

Building Momentum Through Collaboration

The event opened with remarks from RIF board chairman and Chief Scientist for Research, Innovation and Technology Demetris Skourides, RIF director general Theodoros Loukaidis and Konstantinos Kleovoulou, who represented the Deputy Minister of Research, Innovation and Digital Policy.

Across their speeches, one message was consistent: Cyprus’ innovation story is increasingly being defined by collaboration.

“Cyprus’ innovation ecosystem is growing, maturing and continuously delivering new success stories,” Skourides said. “This is not happening by chance. It is the result of the collective effort and collaboration of everyone who is part of this community.”

He added that RIF remains focused on helping create the conditions needed for the ecosystem to expand further. “As the Research and Innovation Foundation, and personally in my capacity as Chief Scientist, we remain committed to securing the necessary resources and creating the right conditions to further strengthen and support our ecosystem,” he said.

Skourides said The Bash has become a platform where connections turn into commercial and institutional value. “The Bash demonstrates that when the community comes together, new ideas emerge, new partnerships are formed, and the next success stories for Cyprus begin,” he noted.

A More Mature Startup Landscape

Loukaidis pointed to Cyprus’ improved standing in the global startup arena, citing the country’s 39th-place ranking in the StartupBlink Startup Ecosystem Index.

“Today, Cyprus has a much stronger and more mature innovation ecosystem, ranked 39th globally in the StartupBlink Startup Ecosystem Index,” he said. “This achievement is the result of a collective effort involving startups and innovative businesses, investors, incubators and accelerators, knowledge transfer offices, our universities, public sector stakeholders, and the Research and Innovation Foundation, which continuously evolves to better support the ecosystem.”

He said the country is now laying the groundwork for further progress. “Together, we are building the foundations for even greater success,” Loukaidis added.

“Thank you all for being here tonight at The Bash, which has grown into a flagship event, creating opportunities for meaningful networking, new ideas and lasting collaborations,” he said.

Government Signals Continued Support

Representing the deputy minister, Kleovoulou reiterated the government’s commitment to sustaining the sector’s momentum.

“Cyprus today has a dynamic research and innovation ecosystem that continues to grow and create new opportunities,” he said. “The Government remains committed to supporting initiatives that strengthen collaboration and further enhance Cyprus’ research and innovation ecosystem.”

Beyond the networking agenda, the event served as a snapshot of how far Cyprus has come in building a more connected innovation economy. It also highlighted a broader policy truth: in small markets, scale often depends less on size than on coordination among government, universities, research organisations, investors and businesses.

RIF said the strong turnout and energetic atmosphere confirmed The Bash’s role as the annual meeting point for the island’s innovation community, helping generate synergies, partnerships and initiatives with long-term impact.

The event was organised under RIF’s Innovation Factory initiative and formed part of the activities of the Enterprise Europe Network Cyprus.

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