The latest Henley Private Wealth Migration Report 2025 reveals a striking global trend: the international relocation of millionaires is reaching record levels. Over 142,000 high-net-worth individuals (HNWIs) are expected to move this year. This movement is reshaping wealth landscapes worldwide — and Montenegro real estate is emerging as one of the fastest-growing markets.

Why Millionaires Are Moving

In 2025, countries like the UK are experiencing significant millionaire outflows. New tax regulations and shifting perceptions of economic opportunity and personal freedom are driving this trend. Traditional European wealth hubs such as France, Spain, and Germany see net losses of affluent residents. Meanwhile, southern Europe and select smaller markets are attracting wealthy newcomers.

This migration affects more than just money. It influences investment flows, real estate markets, and regional economic development.

Montenegro’s Meteoric Rise

• Montenegro stands out with a remarkable 124% increase in its millionaire population over the past decade — the highest growth rate globally. Several factors contribute to this surge:

  • Attractive Tax Environment: Montenegro offers low taxes compared to many European countries, making it appealing for wealth preservation.

  • Adriatic Coastline: Stunning beaches and natural beauty attract those seeking luxury and tranquility.

  • EU Integration Prospects: Progress toward EU accession boosts long-term investment confidence.

  • Investment Migration Programs: Strategic citizenship and residency-by-investment initiatives encourage relocation.

  • Growing Luxury Real Estate Market: Demand for premium properties, including seaside villas, modern apartments, and exclusive developments, continues to rise.

Implications for Investors

The influx of affluent individuals is driving growth in Montenegro’s real estate sector. Luxury homes along the Adriatic coast, particularly in Budva, Tivat, and Kotor, offer breathtaking views and strong potential for capital appreciation.
For those considering relocation or property investment, Montenegro presents a rare opportunity. Lifestyle, tax efficiency, and economic potential combine in one of Europe’s most promising markets.

Broader European Context

Montenegro’s rise fits a broader southern European trend. Italy, Portugal, and Greece are attracting new wealthy residents. Switzerland and Monaco remain popular among ultra-high-net-worth individuals. This redistribution reflects changing priorities around lifestyle, taxation, and political stability.

Global Wealth Flows

Globally, the UAE remains the leading destination for migrating millionaires. The US and emerging hubs in Saudi Arabia and Southeast Asia follow. Montenegro’s unique combination of benefits makes it a standout choice for European and international investors.

Conclusion: Montenegro Is a Wealth Magnet Worth Watching in 2025

As global wealth migration peaks, Montenegro’s profile as a secure, attractive, and investment-friendly destination is stronger than ever. Whether you are looking for a second home, a permanent residence, or an investment property, Montenegro’s luxury real estate market offers compelling opportunities backed by solid economic and lifestyle fundamentals. This movement is reshaping wealth landscapes worldwide—and Montenegro is emerging as one of the fastest-growing wealth markets on the planet.

The latest Henley Private Wealth Migration Report 2025 reveals a striking global trend…