New data shows how private healthcare costs influence millionaire migration

Newly released data highlights a significant trend among migrating millionaires, showing that private healthcare costs are becoming a pivotal factor in their relocation decisions. As affluent individuals seek top-tier medical services, countries with expensive yet superior healthcare facilities, like Switzerland and Singapore, are increasingly attracting wealth. This global shift is rewriting traditional migration patterns, where the main focus was previously on favorable tax regimes and luxurious living conditions. Private healthcare costs, therefore, have emerged as a crucial determinant for the wealthy, as they prioritize high-quality medical care and advanced healthcare infrastructure. This trend underscores a growing awareness of health and wellness, especially in a post-pandemic world, making healthcare not just a necessity but a status symbol. As millionaires map out their new homes, regions offering excellent private healthcare services stand to benefit economically from their investments and spending.

Sinar Daily