From Mayfair to Miami Beach: The British rush to America’s hottest property market
As more of London’s moneyed elite decamp abroad – with over 16,000 millionaires expected to leave the city this year – Miami is fast becoming a preferred landing spot for British wealth.
One of the most striking shifts in global wealth over the past two years has been the quiet but decisive migration of London’s affluent residents away from the city. This year alone, more than 16,000 millionaires are expected to depart the UK capital — a record exodus fuelled by rising tax burdens, political volatility, and a growing desire for global flexibility. Increasingly, however, those departing aren’t heading to Europe or the Emirates. They’re headed to Miami.
Long celebrated for its beaches, Miami has matured into something far more consequential: a global hub where finance, culture, and international lifestyle intersect. With five direct flights each day from London, the city offers ease of access and a reliable climate, making it an appealing counterpart to the British capital. Read More