For the first time in years, Israel has dropped out of the Private Wealth Migration rankings for 2024, according to the latest report by Henley & Partners, experts in international residence and citizenship by investment.
Henley's annual list identifies the top 20 countries attracting wealthy individuals. In the previous year, Israel was 12th with a gain of 600 affluent residents, down from eighth place in 2022. The war has caused a decline in interest among wealthy investors, who are now relocating their capital to more stable regions. Henley categorizes a wealthy person as having liquid assets over $1 million.
The Wealth Migration Report says, "In a reversal of fortunes, the report reveals that Israel has dropped out of the top inflows list for the first time. This represents a major turnabout as Israel has been ranked among the top ten destinations for migrating millionaires for several decades."
