Top 10 Cities for Millionaires in 2025: Key Visa and Migration Insights!

As global wealth shifts and migration patterns evolve, Henley & Partners’ latest report reveals the Top 50 Cities for Millionaires in 2025. The data reflects financial powerhouses and highlights key destinations shaping visa trends, migration decisions, and travel opportunities.

Top 10 Cities for Millionaires in 2025

Here’s a breakdown of the top 10 cities with the highest number of millionaires, providing insights for aspirational travelers and those considering a move.

1. New York City, USA

New York remains the ultimate financial capital. Its thriving economy and iconic lifestyle attract high-net-worth individuals (HNWIs) from across the globe. For migrants, NYC offers vast opportunities, but be prepared for a high cost of living and competitive US visa requirements.

• Millionaires: 384,500
• Centi-Millionaires: 818
• Billionaires: 66
• Millionaire Growth (2014–2024): 45%

💡 Migration Insight: Consider applying for the EB-5 Investor Visa or H-1B Work Visa, depending on your professional or investment goals.

2. The Bay Area, USA

Home to Silicon Valley, the Bay Area has seen the highest millionaire growth in the past decade. Tech entrepreneurs and investors continue to flock here, making it a top destination for skilled migrants and digital nomads.

• Millionaires: 342,400
• Centi-Millionaires: 756
• Billionaires: 82
• Growth: 98%

💡 Migration Insight: Those in STEM fields can explore the O-1 visa for individuals with extraordinary ability or the L-1 intra-company transfer.

3. Tokyo, Japan

Tokyo remains a global economic hub despite modest growth. With its safety, cleanliness, and robust infrastructure, it’s a top pick for wealthy Asian expats and business travelers.

• Millionaires: 292,300
• Centi-Millionaires: 262
• Billionaires: 18
• Growth: 4%

💡 Migration Insight: Japan has visa exemptions for many countries, and its work visa categories are open to skilled professionals with degrees or relevant experience.

4. Singapore

Singapore is booming as a wealth migration hotspot. It’s politically stable, low-tax, and business-friendly, making it ideal for both wealthy expats and global entrepreneurs.

• Millionaires: 242,400
• Centi-millionaires: 333
• Billionaires: 30
• Growth: 62%

💡 Migration Insight: Look into the EntrePass for startup founders or the Personalised Employment Pass (PEP) for high-earning professionals.

5. Los Angeles, USA

Known for its entertainment industry and innovation, Los Angeles is also a growing magnet for international wealth. Its diverse communities and creative industries draw many visa seekers.

• Millionaires: 220,600
• Centi-Millionaires: 516
• Billionaires: 45
• Growth: 35%

💡 Migration Insight: Artists, filmmakers, and athletes can apply under the O-1 or P visa categories.

6. London, UK

Despite a slight decline, London remains Europe’s millionaire capital. Its rich culture, finance sector, and global connections keep it attractive for both migrants and tourists.

• Millionaires: 215,700
• Centi-millionaires: 352
• Billionaires: 33
• Growth: -12% (decline)

💡 Migration Insight: Post-Brexit UK offers the Global Talent Visa, Innovator Founder Visa, and Skilled Worker Visa for eligible individuals.

7. Paris, France

Paris remains a favorite for wealthy individuals who enjoy art, fashion, and gourmet experiences. While France has strict tax policies, its lifestyle continues to draw expats.

• Millionaires: 160,100
• Centi-millionaires: 277
• Billionaires: 22
• Growth: 5%

💡 Migration Insight: France offers the Talent Passport Visa for professionals, entrepreneurs, and artists.

8. Hong Kong (SAR), China

Despite political challenges, Hong Kong is still a business magnet. Its proximity to mainland China and global financial relevance keep it on the millionaire map.

• Millionaires: 154,900
• Centi-millionaires: 346
• Billionaires: 40
• Growth: 3%

💡 Migration Insight: While the visa regime is unique, entrepreneurs can explore the Investment as Entrepreneurs scheme.

9. Sydney, Australia

Sydney’s laid-back lifestyle and economic stability make it a millionaire favorite. The Australian government actively welcomes skilled migrants through point-based visas.

• Millionaires: 152,900
• Centi-millionaires: 224
• Billionaires: 22
• Growth: 28%

💡 Migration Insight: The Skilled Independent Visa (subclass 189) is a strong option for professionals seeks to permanent residency in Australia.

10. Chicago, USA

Chicago combines business, education, and quality of life. Its balanced cost of living and central location make it ideal for both investors and job seekers.

• Millionaires: 127,100
• Centi-Millionaires: 295
• Billionaires: 25
• Growth: 24%

💡 Migration Insight: International students and job seekers often use F-1 student visas and OPT/STEM extensions as a pathway to work in the US.

Final Thoughts

The rise of millionaires in cities like New York, Singapore, and Sydney shows where opportunity flows. For migrants and travelers, these cities represent not just wealth but also mobility, innovation, and multicultural growth.

If you’re considering moving, studying, or investing abroad, now’s the time to align your visa plans with economic hubs that offer both prosperity and global access.