Zug, Switzerland, 22rd Dec 2024 — CitizenX announced today the launch of Capital Exodus, the world’s first dashboard tracking real time wealth inflows and outflows caused by millionaire migration—high-net-worth individuals who change their residency or citizenship and move countries, taking their capital with them.
CitizenX, the Swiss citizenship by investment platform, introduced today the Capital Exodus: an innovative dashboard offering unparalleled insights into how economies worldwide are impacted when high-net-worth individuals (HNWIs), centi-millionaires, and billionaires relocate across borders, with amounts normalized and tracked in USD and BTC to provide standardized comparison across markets.
This tool leverages advanced predictive analytics to highlight how policy changes, income tax rates, and tax regimes impact wealthy individuals’ mobility.
In recent years, significant trends have been observed across major markets including China, Singapore, and Australia, with particular focus on emerging economies like India, Russia, and Brazil.
This innovative dashboard provides comprehensive coverage of established financial centers such as Switzerland and Hong Kong, as well as tracking significant outflows from the top countries like the United Kingdom, while also monitoring new country destinations and the dramatic rise of the USA, the United Arab Emirates (UAE), Singapore, and Saudi Arabia as leading destinations for wealth, alongside established centers like Monaco.
The platform’s investment migration analysis reveal fascinating patterns in the number of millionaires moving across major economies, with China experiencing the largest outflows while the United States shows substantial gains. Japan and South Korea have seen shifting trends, while in Southern Europe, several countries have emerged as significant wealth destinations, with Italy, Greece, and Portugal all showing positive inflows. Meanwhile, India, Russia, and South Africa have experienced notable net outflows of high-net-worth individuals seeking new opportunities abroad. The dashboard also tracks substantial gains in other markets, with Canada and Australia proving attractive to global investors, alongside growing interest in Caribbean citizenship by investment programs.
Since the pandemic in 2020, the Capital Exodus has accounted for these dramatic shifts in wealth migration patterns, with destinations like New Zealand attracting investors due to their highly-rated healthcare systems. The platform has also tracked wealth displacement due to major geopolitical events, such as the situation in Ukraine, providing valuable insights into how global events influence high-net-worth individual migration decisions across key markets.
In an industry-first, Capital Exodus analyzes how entrepreneurs, investors, and wealthy migrants are responding to different tax rates and business opportunities across different regions of the world, with a major focus on Asia and Europe.
The data underpinning the Capital Exodus dashboard comes from Inevitable Insights, an independent global wealth intelligence firm and think tank based in Dubai. The sophisticated technology and in-depth insights account for real estate transactions and investment flows among others, providing actionable intelligence about wealth movement trends between established and emerging economies. The system pays particular attention to trends in investment migration programs and their impact on global wealth distribution. This ensures users have access to reliable data about global wealth movements, whether they’re tracking outflows from traditional financial hubs or inflows to new golden visa markets like Greece and Portugal.
“The net flow of high-net-worth individuals is a leading economic indicator,” said Alex Recouso, co-founder and CEO of CitizenX. “HNWIs have the skin in the game, liquidity, and mobility to respond to policy changes by voting with their wallets and their feet.”
The sophisticated reporting capabilities include in-depth reports of how new policy decisions, such as Trump-era tax reforms and proposed exit taxes continue to influence global wealth movements. It also tracks how recent regulatory changes in various jurisdictions affect investment migration patterns and wealth management strategies.
Marc Andreessen, a noted venture capitalist, recently said on X, “If you want to fix a broken system, you have to pull money OUT, not put more money IN. If you put more money IN, the system interprets it as a reward and uses the money to become even more broken. We get this for businesses. We forget it for nonprofits and governments.”
The Capital Exodus dashboard stands out for its comprehensive coverage of global wealth migration patterns, offering users detailed insights into both macro trends and regional specificities. The platform enables users to analyze how different factors – from tax policies to investment opportunities – influence the decisions of wealthy individuals and families worldwide.
The tool features detailed analytics on private wealth migration and wealth management trends. Users can access comprehensive views on how high-net-worth migrants impact various markets, supported by real-time predictive data on investment flows and economic indicators. The system also provides valuable insights into the relationship between investment migration programs and economic development in recipient countries.
CitizenX plans to expand its capabilities to include more granular analysis of regional wealth movements and their economic impacts. This expansion will provide even deeper insights into how global wealth flows shape economic development and investment opportunities across different regions.
For additional information about Capital Exodus and its capabilities in tracking global wealth movements, please visit citizenx.com/exodus.
About CitizenX
CitizenX is a pioneering firm based in Switzerland, focused on creating innovative citizenship investment solutions. By leveraging state-of-the-art technology, Swiss engineering, and Concierge service, CitizenX provides valuable insights that empower individuals and families to make informed decisions about their passport portfolios. For more information, visit citizenx.com.
Media Contact
Organization: CitizenX
Contact Person: Alex Recouso
Website: https://citizenx.com
Email: hello@citizenx.com
Contact Number: +141417111366
Address: c/o MJP Partners AG Bahnhofstrasse 20
City: Zug
State: Zug
Country: Switzerland
Release Id: 23122421805
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Citizen Wave journalist was involved in the writing and production of this article.