May 8, 2019 – Canada is one of the foremost countries in the world for millionaire immigrants to move to, a new study shows.

The New World Wealth report reveals Canada gained 4,000 high net worth individuals (HNWIs) in 2018, the third most of any country in the world.

Canada slots into third place behind Australia in first, which gained 12,000 millionaires, and second-placed USA which gained 10,000.

At the other end of the scale, China heads the list of countries that lost the most millionaires last year, at 15,000. Russia (-7,000) and India (-5,000) also saw significant outflow of millionaires.

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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer