Henley & Partners
Coverage of Henley & Partners in the Nexus archive.
- Here's how the ultrawealthy are getting citizenship abroad as 'insurance' against wealth taxes
Ultrawealthy Americans are increasingly seeking foreign citizenship or residency through programs like golden visas as a precaution against potential wealth taxes. Advisors describe second passports as 'insurance,' with a 183% rise in inquiries from U.S. nationals at Henley & Partners between Q1 2024 and 2025. Californians are preparing for a possible 5% one-time tax on billionaires, prompting asset relocations and relocations to states like Florida.
- The paradox of Africa's millionaire growth
Africa's millionaire population is growing faster than the Gulf due to rising commodity prices and resilient private enterprise, but wealthy individuals often move capital abroad due to weak financial systems. Morocco led with 16.8% growth in millionaires, while reports highlight African high-net-worth individuals' focus on wealth protection through diversification and offshore investments.