14 of the world’s chosen cities for property investment by the wealthy are located in the United States, here’s a list of 20

The United States has 14 of the 20 cities in the world that house more homes of residents with high purchasing poweraccording to a new study data company altered. In the investigation, revealed in March of this 2023, it was found that people with a fortune of more than 30 million dollars own a property in one of these metropolises. Some European and Asian areas are also distinguished.

The results reflected that the North American country has the most wealth market, described as the one that applies to ultra-high net worth individuals. “Where do the rich have homes to live, vacation and work?… The United States dominates the rankings and accounts for more than half of the world’s population,” the analysis added. In addition, it was found that this nation has a great “geographical and business diversity”, qualities that attract a “considerable range of wealthy people”. Those that make up the complete list are:

Altrata’s analysis determined that the Big Apple “is the world’s leading city of the rich.”. Being a financial center, it is the largest regional economic power in the US territory. “Its five boroughs of Brooklyn, Queens, Manhattan, the Bronx, and Staten Island offer a rich mix of culture, luxury consumption, high-quality education, and prime real estate,” according to the research firm.

The data showed that almost 22,000 people have a second home in New York. Apparently, the purchase of houses in this metropolis occurred after the pandemic: “Many shifted their focus to larger residences that allow them to be close to family and pursue their businesses and passions, all in one place. New York’s highly entertained and serviced residences have attracted a savvy and savvy buyer demographic.”

The UK capital is still a magnet for high net worth individuals, since almost 16,000 have a house there. “With an economy geared towards preserving wealth, London stands out among major cities for having one of the highest proportions of second homes,” according to the study.

In third place, the Asian city was present. With just over 15,000 individuals, Hong Kong demonstrated that it has a large footprint of these types of residents.. “This number especially comprises the primary residences of the wealthy, drawn by its unrivaled links to mainland China, low taxes and status as a major global financial services hub,” Altrata explained.

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