Top 10 most favorable cities for millionaires

0 Comment(s)Print E-mail China.org.cn, July 24, 2014

A survey by Spear's magazine and wealth consultancy WealthInsight has listed the top global cities by millionaire density.

WealthInsight defines 'millionaires' as individuals with net assets of US$1 million or more, excluding their primary residences.

According to WealthInsight analyst Oliver Williams, favorable tax and outstanding location are important criteria for attracting millionaires. Convenient access to wealth managers and private banks are also key factors in their considerations.

In the top 10 global cities by millionaire density, European cities account for over half of the list.

Monaco. [CRI]
1. Monaco

Millionaire density: 29.21%

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