Where the World's Wealthiest Spend Their Downtime
Have you ever pondered where the global elite, including the rich and famous, choose to unwind and rejuvenate?
A groundbreaking report from Inevitable Insights has shed light on the preferred vacation spots and retreats of centi-millionaires and billionaires in the Western world.
These wealthy people and super rich individuals, with their immense wealth and discerning tastes, are constantly seeking out the most exclusive and luxurious vacation destinations across the globe, from the West to exotic locales in Africa and beyond.
The Jet-Setting Lifestyle of Centi-Millionaires
A Year in the Life of the Ultra-Wealthy
The world's approximately 25,000 centi-millionaires lead a life of perpetual motion, dividing their time between multiple properties throughout the year.
This nomadic existence allows them to chase perfect weather conditions, attend high-profile events, and immerse themselves in diverse cultures.
Their annual calendar is a carefully curated mix of tropical paradises, alpine retreats, cultural hubs, and tax-friendly havens. Luxury travel is not just a pastime for these rich people; it's a way of life that defines their status and experiences.
Top Destinations for the Ultra-Rich
🇺🇸 United States of America (USA): A Playground for the Wealthy
The United States of America (USA) boasts a variety of destinations that cater to the ultra-wealthy's desire for luxury, privacy, and world-class amenities.
Coastal hotspots like Miami, Florida offer year-round sunshine and a vibrant nightlife scene, while the Hamptons near New York City provide a more laid-back, yet equally exclusive summer retreat — with access to neighborhoods like SoHo, the Upper East Side and TriBeCa just a drive away.
For those seeking winter wonderlands, Aspen, Colorado stands out as the premier destination for luxury skiing and high-end shopping.
California's allure is undeniable, with Santa Barbara's pristine beaches and Mediterranean climate, San Diego's perfect weather and world-renowned golf courses, and Napa Valley's exquisite wines and Michelin-starred restaurants.
Each of these locations offers a unique blend of natural beauty and man-made opulence that keeps the ultra-wealthy coming back year after year.
🇫🇷 France: The Epitome of European Sophistication
France continues to captivate the world's wealthiest individuals with its unparalleled blend of culture, cuisine, and coastal beauty. Paris, the City of Light, remains a perennial favorite, attracting around 300 seasonal ultra-high-net-worth residents each year. The French capital's world-class museums, haute couture fashion houses, and Michelin-starred restaurants create an irresistible draw for those seeking the pinnacle of refinement.
The French Riviera, with glamorous hotspots like Nice and Cannes, offers a sun-soaked Mediterranean playground for the jet set. The Cannes Film Festival, in particular, serves as a magnet for the global elite, combining Hollywood glamour with the natural beauty of the Côte d'Azur.
🇨🇭 Switzerland: A Safe Haven in the Heart of Europe
Switzerland's reputation for discretion, stability, and natural beauty makes it a top choice for centi-millionaires seeking a European base.
Lugano, nestled on the shores of its eponymous lake, stands out as a particularly attractive destination. This picturesque city offers a unique blend of Swiss efficiency and Italian charm, set against a backdrop of stunning Alpine scenery.
The appeal of Lugano extends beyond its aesthetic qualities.
Switzerland's favorable tax environment, robust real estate market, and exceptional quality of life make it an ideal location for those looking to safeguard their wealth while enjoying the finer things in life. Its central location within Europe and proximity to other desirable destinations like Lake Como in Italy further enhance its allure.
Emerging Hotspots and Timeless Classics
🇵🇹 Portugal: The Rising Star of Europe
In recent years, Portugal has emerged as a favorite among the ultra-wealthy, particularly those from Europe and North America.
Lisbon, the capital city, and the exclusive Golden Triangle region are attracting increasing numbers of high-net-worth individuals. The country's warm Atlantic climate, English-friendly environment, and attractive tax incentives for new residents have contributed to its growing popularity.
Portugal also offers a path to residency with its golden visa.
🏝️ Caribbean Escapes: The Ultimate in Privacy and Luxury
The Caribbean Islands have long been synonymous with luxury vacations, but for the ultra-wealthy, they offer an unparalleled level of privacy and exclusivity. Private islands like Necker Island, owned by billionaire Richard Branson, represent the pinnacle of secluded luxury. These tropical paradises provide a perfect escape from the public eye, allowing the world's richest individuals to truly unwind in a setting of unmatched natural beauty.
🇮🇹 Italian Elegance: Lake Como's Timeless Appeal
Lake Como in Italy continues to be a magnet for the ultra-wealthy, with its stunning natural beauty and storied history of celebrity residents.
The lake's shores are dotted with opulent villas, many owned by international celebrities and business moguls like George Clooney.
The combination of breathtaking scenery, world-class dining, and exclusive social scenes makes Lake Como a perennial favorite among the global elite.
🇭🇷 Croatian Coast: The Mediterranean's Rising Star
Hvar Island in Croatia is rapidly gaining popularity among the jet-set crowd. This picturesque island offers a perfect blend of historical charm and modern luxury. With its crystal-clear waters, lavender fields, and vibrant nightlife, Hvar is attracting an increasing number of yacht-owning billionaires and celebrities seeking a more low-key Mediterranean experience.
🇲🇨 Monaco: The Epitome of Mediterranean Glamour
The tiny principality of Monaco continues to be synonymous with wealth and luxury. Known for its world-famous casino, yacht-filled harbor, and prestigious Grand Prix, Monaco offers a concentrated dose of glamour and exclusivity. Its favorable tax laws and reputation for privacy make it a favored residence for many of the world's ultra-high-net-worth individuals.
🇵🇫 South Pacific Paradise: Bora Bora's Exclusive Allure
Bora Bora and French Polynesia represent the ultimate in tropical luxury for the ultra-wealthy. The islands' famous overwater bungalows and crystal-clear lagoons provide an unparalleled setting for secluded honeymoons and private getaways.
The remoteness and natural beauty of these South Pacific gems make them highly sought after by those seeking the utmost in privacy and exotic luxury.
The South Pacific is also a hotbed for citizenship-by-investment, as with the case of Vanuatu and other nations.
🇦🇪 Middle Eastern Luxury: Dubai's Futuristic Opulence
Dubai has established itself as a playground for the wealthy, offering a unique blend of futuristic architecture, world-class shopping, and desert adventures.
The city's man-made islands, seven-star hotels, and indoor ski resorts cater to the most extravagant tastes. Dubai's strategic location and business-friendly environment also make it an attractive base for wealthy individuals from around the world.
🇬🇧 London: A Global Hub for the Elite
London remains a perennial favorite among the world's wealthy, offering a unique blend of history, culture, and modern luxury.
The British capital attracts wealthy Americans and international elites with its exclusive neighborhoods, world-class shopping, and vibrant cultural scene.
From the high-end boutiques of Mayfair to the prestigious institutions of Kensington, London caters to every whim of its affluent visitors and residents.
🇬🇷 Greece: Mediterranean Charm and Luxury
Greece has long been a favorite destination for the wealthy, offering a perfect mix of ancient history, stunning landscapes, and luxurious accommodations.
Islands like Mykonos and Santorini are particularly popular among the jet-set, providing exclusive villas, high-end restaurants, and vibrant nightlife. The country's numerous secluded coves and beaches also make it an ideal destination for luxury yacht charters.
🇮🇳 India: Exotic Luxury and Cultural Richness
India offers a unique blend of exotic luxury and rich cultural experiences that appeal to wealthy travelers seeking something beyond the typical Western destinations.
From the palatial hotels of Rajasthan to the serene backwaters of Kerala, India provides a range of luxurious experiences set against a backdrop of vibrant traditions and stunning landscapes.
🇲🇻 Maldives: A Tropical Paradise for the Elite
The Maldives has become a go-to destination for the super rich seeking ultimate privacy and luxury.
With its crystal-clear waters, white sandy beaches, and exclusive overwater villas, the Maldives offers a level of seclusion and opulence that few other places can match. Many resorts in the Maldives cater exclusively to high-net-worth individuals, providing personalized services, private butlers, and unique experiences like underwater dining or private seaplane tours.
🌍 Africa: Luxury Safaris and Exclusive Retreats
Africa has emerged as a premier destination for wealthy travelers seeking unique and luxurious experiences.
From high-end safari lodges in Tanzania and Kenya to exclusive beach resorts in Seychelles and Mauritius, the continent offers a diverse range of options for the discerning traveler. Many super rich individuals are drawn to the privacy and adventure of luxury tented camps in the Serengeti or the exclusivity of private island resorts off the coast of Mozambique.
Luxury Resorts: Catering to the Elite
Across these vacation destinations, luxury resorts play a crucial role in attracting and accommodating wealthy travelers.
These establishments go beyond mere accommodation, offering bespoke experiences, unparalleled privacy, and world-class amenities. From private butlers and Michelin-starred restaurants to helipads and exclusive spas, these resorts cater to every conceivable need of their elite clientele.
Investing in Citizenship: A Path to Global Mobility
For many centi-millionaires, owning multiple homes across the globe is not just about luxury—it's a strategic investment in their lifestyle and future. Many of these high-net-worth hotspots offer citizenship by investment programs, providing wealthy individuals with the opportunity to secure a second passport and the numerous benefits that come with it.
The CitizenX Advantage: Your Gateway to Global Citizenship
If you're inspired to join this exclusive club of global citizens, CitizenX is here to guide you on your journey. Our platform specializes in helping high-net-worth individuals discover and invest in destinations that align with their personal and financial goals. We make it easy to navigate the complex world of international real estate and citizenship by investment programs, opening doors to a world of opportunities.