Where do most millionaires live?

Millionaires look for three things when choosing places to live, reports Marketwatch.

According to a new study, it adds, wealthy people (those with $1 million or more in net assets) often choose to settle in countries with favourable tax rates, access to financial professionals and beautiful scenery.

The same study lists which cities across the globe have the highest populations of millionaires. Read more.

Also read:

The surprising home to many of America’s rich

Pass on wealth protection tips

How did Gatsby get so rich?

Sun Life moves into millionaire market

Diversity reigns among wealthy Canadians

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.