Hong Kong has very sadly dropped off the radar as a place for talent to head to.
The wealth are leaving too, with over 3,000 millionaires leaving Hong Kong in 2022.
Russia is also losing wealth overseas, steadily, and sometimes by stealth, with -15,000 wealthy people lost overseas over the year.
China (-10,000) and India (-8,000) are also seeing something of a drain.
Source: Visual Capitalist
The world's migrating millionaires are predominantly heading to low tax countries such as Singapore and the UAE, and to Australia.
