China Tops List of Countries for Most Millionaires Moving Abroad

People walk past a Ferrari and helicopters during the Asian Business Aviation Conference and Exhibition at the Shanghai Hongqiao International Airport on April 14, 2014. Mark Ralston/AFP via Getty Images

A recent research report published by AfrAsia Bank listed the top 10 countries in the world that had the largest outflow of high-net-worth individuals (HNWI) in 2019. China topped the list with the most millionaires leaving for other countries in that year, followed by India.

The study only covered HNWIs with a net worth of $1 million to $9.9 million who have settled in a new country for at least six months. The report also listed the top destinations for millionaires.