142,000 Millionaires Are Flocking to This Eastern European Country - Forget Switzerland
In what experts are calling the “great wealth migration,” a staggering 142,000 millionaires are expected to relocate in 2025—marking the largest voluntary wealth shift ever recorded.
Meenu Rapria. 
While global financial powerhouses like the UAE, the U.S., and Italy continue to draw affluent residents, one unexpected destination is rising fast: Montenegro.
Nestled along the Adriatic Sea and set against the Dinaric Alps, the Balkan nation has emerged as the fastest-growing millionaire hub, with a 124% increase in its millionaire population over the past decade. Though the figure of around 2,800 millionaires may appear modest in absolute terms, the country’s rapid growth rate speaks volumes.
Montenegro captivates the wealthy with its potent mix of fiscal flexibility, investor-friendly tax policies, and lifestyle allure. It boasts flat income tax, and notably no inheritance or gift taxes, all wrapped in a breathtaking Mediterranean ambiance. This shift has been further accelerated by its former citizenship-by-investment (“golden passport”) program, which long served as a magnet for lifestyle-driven investors.
Why Montenegro Now?
Affluent individuals fleeing economic and political uncertainty—especially from Western Europe—are reevaluating traditional wealth havens. Nations like the UK, France, Spain, and Germany are witnessing net millionaire outflows driven by rising taxes, policy shifts, and weaker economic confidence.
With Switzerland and other longtime favorites losing their shine, Montenegro’s rise underscores a broader shift toward more nimble, personable, and strategically placed havens.
Beyond perks like tax incentives and lifestyle charm, relocating millionaires also bring vital economic capital. Wealth migration injects foreign exchange, spawns new ventures, and often spurs local job creation—particularly when entrepreneurs relocate.
Looking Ahead
With projections showing 165,000 millionaires on the move by 2026, Montenegro’s momentum appears sustainable—if it can retain investor confidence. As global capital continues to shift, this small nation may well rewrite the map of where the rich choose to live, invest, and anchor their legacies.
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