An IMGW News Report
Once renowned as the land of opportunity, the United States still boasts a staggering 5.5 million millionaires, making up 37% of the world’s affluent elite. However, a fascinating evolution in their investment strategies is unfolding. A burgeoning number of these wealthy Americans are now exploring exotic locales for second homes, lured by enticing Residency by Investment or Citizenship through Investment programmes across the globe. According to the 2024 USA Wealth Report by Henley & Partners and New World Wealth, there’s been an explosive 500% surge in such inquiries over the past five years, signalling a significant shift in how America’s rich are planting roots internationally.