Wealth Among Africa’s Rich Poised to Jump to $3 Trillion by 2031
Private wealth held in Africa is expected to leap 38% over the next decade to $3 trillion, fueled by growth in the technology and professional services sectors.
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Private wealth held in Africa is expected to leap 38% over the next decade to $3 trillion, fueled by growth in the technology and professional services sectors.
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The total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise by 38% over the next ten years, according to the latest 2022 Africa Wealth Report, published today by The Global Migration in partnership with New World Wealth.
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Indian entrepreneurs, who are looking to launch innovative start-ups, have always been attracted to immigrating. Despite the Covid pandemic not being able to change that, it has certainly changed the destinations on the list.
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The closure of airspace due to Russia's military aggression and the opening of borders to Ukrainian refugees has begun to exert influence on global travel freedoms, according to the latest data complied on the world's most travel-friendly passports.
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There has been an increase in demand for programs that facilitate resident rights and alternative citizenships says The Global Migration.
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Russia’s invasion of Ukraine has dramatically squashed travel freedom and mobility in a large chunk of the world, hitting Russians and reducing their passports to “junk” status .
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The Irish passport has been ranked the fifth most powerful worldwide by the number of destinations its holders can access without a prior visa.
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The release of the latest Henley Passport Index highlights the impact the current conflict in Ukraine is having on travel freedom and mobility.
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Christian Kälin brokers state citizenships for money. The Caribbean is particularly popular now because it’s far away from Russia — and relatively low priced.
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Indian nationals have shown the greatest appetite for investment migration in the world — whereby wealthy investors acquire alternative residence or additional citizenship in exchange for making a substantial contribution to the host country.
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Covid-19, climate change and the conflict in Europe are driving the surge in migration, study by The Global Migration found.
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New report shines a light on the world's wealthy and where they seek alternative residence or citizenship.
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Sarah Nicklin
sarah.nicklin@henleyglobal.com
+27 21 879 1086
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