ARTICLE · 29 MARCH 2017

Canada Immigration Among Top Choices For Millionaires On The Move

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Canada immigration ranks behind only Australia and the United States as one of the top choices for millionaires, according to a new report.

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Colin Singer

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Canada immigration ranks behind only Australia and the United States as one of the top choices for millionaires, according to a new report.

Some 8,000 millionaires moved to Canada in 2016, compared with 11,000 who chose Australia immigration and 10,000 opting for USA immigration.

The figures, published by South African research firm New World Wealth, show a 28 per cent jump in the worldwide movement of millionaires from 2015 to 2016, and a 60 per cent increase between 2013 and 2016.

It means that some 82,000 millionaires permanently migrated in 2016, and New World Wealth expects that figure to jump to more than 100,000 in 2017.

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