"Italy is expected to be Europe's top relocation destination for millionaires in 2025, according to a recent report by investment and citizenship consultancy firm Henley & Partners. The firm's 2025 wealth flow forecasts estimate that, out of the over 142,000 millionaires expected to relocate worldwide, around 3,600 will have chosen Italy as their new home by the end of the year."
"This is expected to make Italy the world's third most popular destination for millionaires, ranking behind the United Arab Emirates (+9,800 millionaires in 2025) and the United States (+7,500), but ahead of Switzerland (+3,000) and Saudi Arabia (+2,400). Henley & Partners figures also show that Italy's millionaire population grew by 20 percent between 2014 and 2024, ranking lower than Switzerland (+28 percent) but significantly higher than Germany (+10), France (+7), and Spain (+3)."
Italy is emerging as a top relocation destination for millionaires, driven by fiscal incentives and favorable living conditions. Henley & Partners forecasts that roughly 3,600 of more than 142,000 millionaires relocating in 2025 will choose Italy, making it the third most popular global destination after the UAE and the United States. Italy's millionaire population rose 20 percent between 2014 and 2024, outpacing several major European economies. The special flat-tax regime (the CR7 rule) allows wealthy newcomers to pay a fixed €200,000 on foreign income for 15 years, producing substantial tax savings and increasing Italy's appeal.
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