🌍 Where do the ultra-wealthy live? The 11 favorite cities in the world for millionaires
Why do they choose these cities?
Millionaires look for 3 important things:
Safety for their family 🛡️.
Lower taxes (pay less money to the state) 💸.
Sunshine and great restaurants ☀️.
🏆 Favorite cities
Madrid (Spain) 🇪🇸 : It is currently the favorite city. Life is pleasant and cheaper than in other major capitals.
Dubai (UAE) 🇦🇪 : Here, you do not pay income tax ($0). It is very modern and very secure.
Milan (Italy) 🇮🇹 : Many wealthy people settle here because Italy offers special laws to pay less in taxes.
Miami (United States) 🇺🇸 : For the beach and business. This is where internet bosses move.
Paris (France) 🇫🇷 : It remains a luxury city for fashion and the beauty of its monuments.
📊 Key figures to remember
New York 🇺🇸 : It is the city that hides the largest number of millionaires (384 500 people).
Monaco 🇲🇨 : It is the most expensive place in the world. A small apartment can cost several million dollars ($).
The South : The wealthy are increasingly leaving cold cities to head south (Spain, Italy, Florida) 🌴.