"Silent migration is set to become one of the most influential forces shaping global markets in 2026, driven primarily by a growing determination among high earners, entrepreneurs, and internationally mobile families to reduce their tax exposure, warns the CEO of one of the world's largest independent financial advisory organizations. deVere Group's Nigel Green says the scale and intent of the movement "now carries clear implications" for capital allocation, growth prospects, and regional competitiveness."
""Tax is the central catalyst behind silent migration," he notes. "People with mobility are responding rationally to rising fiscal pressure by restructuring their financial lives. The response is quiet, measured, and entirely lawful, yet it has profound economic consequences." Global data on high-net-worth mobility shows 2026 on course for the largest annual relocation of wealthy individuals ever recorded, with more than 165,000 millionaires expected to change tax residence, according to recent reports."
"A defining feature of silent migration is sequencing. Nigel Green says: "Typically, capital and structures move first. Assets are repositioned across borders while individuals remain physically resident, often for extended periods. "Investment accounts shift, holding companies are redomiciled, and new ventures are incorporated abroad long before any visible relocation occ"
Silent migration will shape global markets in 2026 as high earners, entrepreneurs, and internationally mobile families restructure residency and assets to reduce tax exposure. The scale and intent of these movements will affect capital allocation, growth prospects, and regional competitiveness. Taxation acts as the primary catalyst, prompting rational responses to rising fiscal pressure through legal and financial restructuring. Global data anticipates more than 165,000 millionaires changing tax residence in 2026, with associated capital flows spanning portfolios, corporate ownership, intellectual property, and future business formation. Sequencing often sees capital and corporate structures move before visible physical relocation.
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]