Singapore, the UK, and Switzerland are the top destinations for the world's superrich to send their money, HSBC says

"The world's richest entrepreneurs are increasingly sending their money to tried-and-tested wealth hubs - with Singapore, the UK, and Switzerland leading the pack. That's the key finding from HSBC's 2025 Global Entrepreneurial Wealth Report, which surveyed 2,939 business owners across 15 markets - including the US, UK, mainland China, India, Singapore, Switzerland, Saudi Arabia, and the UAE - between April 19 and May 21."

"Globally, 59% of entrepreneurs said they were considering shifting assets abroad in the next 12 months, with Singapore singled out as the top destination for capital. The city-state has become Asia's financial safe haven, attracting inflows not only from its Southeast Asian neighbors but also from India and the Middle East, HSBC said. Switzerland remains a magnet thanks to its centuries-old reputation in private banking, while the UK continues to draw entrepreneurs who see opportunities in its deep financial markets and global connectivity."

"According to HSBC, 38% of business owners in mainland China plan to reduce their exposure to property - a dramatic pullback after years of overreliance on real estate as the cornerstone of their wealth. At the same time, capital flows between the US and China have nearly collapsed; just 6% of entrepreneurs say they intend to move assets to the US, while only 1% of American entrepreneurs are looking to allocate money to China."

Singapore, the UK, and Switzerland are primary destinations for wealthy entrepreneurs relocating capital, with Singapore drawing inflows from Southeast Asia, India, and the Middle East. Globally, 59% of entrepreneurs are considering moving assets abroad within 12 months. Mainland Chinese business owners are reducing property exposure, with 38% planning cuts after heavy reliance on real estate. Capital movements between the US and China have nearly halted, with only 6% of entrepreneurs aiming to move assets to the US and just 1% of Americans considering allocations to China. Millionaire migration is rising as capital corridors shift toward Asia, Europe, and the Middle East.

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