Where can you live like a millionaire?

You can live like a millionaire affordably in places with a low cost of living like Thailand (Bangkok, Chiang Mai), parts of Latin America (Mexico City, Costa Rica, Panama), and Southeast Asia, where your money goes further for luxury experiences, while high-net-worth individuals often migrate to the UAE, Singapore, or Australia for economic benefits, safety, and lifestyle.

Where is the best place to live as a millionaire?

Monaco: Arguably the world's top safe haven for the super-rich. The average wealth of a person living in Monaco exceeds USD 10 million, making it the top-ranked city in the world on a wealth per capita basis.

What do 90% of millionaires do?

The famed wealthy entrepreneur Andrew Carnegie famously said more than a century ago, “Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined.

Where do most millionaires live?

Top 7 Destinations for Millionaires in 2025

• Monaco. Monaco is home to the wealthiest people and migrating millionaires. ...
• Dubai. Dubai is the land of 'bigger, taller, faster' that often feels like a real-life sci-fi movie. ...
• Singapore. ...
• Zurich, Switzerland. ...
• New York City. ...
• Sydney, Australia. ...
• London, the UK.

In what country can I be a millionaire?

Switzerland. Switzerland takes the top spot for expats looking to grow their wealth, according to HSBC. “There's good pay and the opportunity for career progression and an improved quality of life,” the HSBC report noted.

The King's Son - I'm not rich (Official Video) English version

Where are rich Americans moving to?

Europe remains a primary destination for wealthy Americans, with residence programs in Greece, Italy, Latvia, Malta, Portugal and Switzerland offering lifestyle and business advantages. Americans are also pursuing citizenships in the Caribbean, Nauru, and Turkey.

What is the cheapest and safest country to live in?

The cheapest and safest countries to live in often balance low living costs with low crime, with Southeast Asia (Vietnam, Malaysia, Thailand), Eastern/Southern Europe (Portugal, Albania, Bulgaria, Czech Republic), and parts of Latin America (Costa Rica, Uruguay, Colombia) frequently topping lists, offering great value for housing, food, and transport while maintaining good safety and quality of life, though the "best" depends on your lifestyle and visa needs. 

What makes 90% of millionaires?

There are so many people who have the knowledge but haven't actually applied the information. This is the power of real estate. Not only has it made 90% of millionaires.

What city is full of billionaires?

Billionaire cities are major global urban centers where the wealthiest individuals reside, with New York City consistently leading as the top city with the most billionaires, followed by major financial hubs like London, Hong Kong, Beijing, and Mumbai, according to reports from Forbes and Hurun Research Institute in 2025. These cities attract the super-rich due to strong financial sectors, real estate, corporate presence, and significant wealth concentration, though some Chinese cities have seen recent declines due to economic shifts.
 

What jobs make $1,000,000 a year?

10 high-paying jobs

• Pilot. ...
• Actuary. ...
• Computer network architect. ...
• Air traffic controller. ...
• Petroleum engineer. ...
• Lawyer. ...
• Physicist. ...
• Computer and information systems manager.

What do millionaires buy for fun?

Millionaires buy extravagant items for fun, including art, rare collectibles, exotic cars, private jets, and mega-yachts, alongside unique experiences like world travel, high-stakes poker, or owning private islands. Hobbies often involve luxury purchases like vintage wine collections, high-end electronics, or even bespoke items like gold-plated toilet paper, while many focus on accumulating experiences and unique assets. 

What is the smartest thing to do with $10,000?

Pay Down High-Interest Debt

That is, the money you'd make investing that $10,000 would be less than the interest charged on your debt. Putting extra money toward paying down high-interest debt is financially savvy, assuming you've started an emergency fund.

Where is it easiest to become rich?

The top 5 places in the world to grow your wealth

1. Switzerland. Switzerland takes the top spot for expats looking to grow their wealth. ...
2. Saudi Arabia. ...
3. United Arab Emirates (UAE) ...
4. Bahrain. ...
5. Hong Kong.

What is a silent millionaire?

A "silent millionaire" (or "quiet millionaire") is someone who has accumulated a net worth of over a million dollars but lives modestly and doesn't display overt signs of wealth, often driving ordinary cars, wearing unbranded clothes, and avoiding flashy lifestyles to maintain privacy, focus on values, and enjoy financial freedom. They build wealth through disciplined saving, smart investing (like 401(k)s and index funds), and avoiding debt, rather than through high-profile spending or status symbols.
 

Where do millionaires keep their money if banks only insure $250k?

Millionaires keep their money safe beyond the $250k FDIC limit by using techniques like spreading funds across multiple banks, utilizing IntraFi Network Deposits (which automatically distribute funds to partner banks), opening accounts at private banks with concierge services, or investing in assets like stocks, real estate, and Treasury bills, where wealth isn't held solely in insured bank deposits. Many also use cash management accounts that sweep excess funds into multiple insured banks or utilize specialized accounts for higher coverage. 

Where do rich Americans live?

Gilded Age tycoons built ornate mansions on New York's Fifth Avenue and in Newport, Rhode Island. Some of today's wealthiest people have opted for more discreet or modest homes. Today's billionaires live in diverse locations across the US, like the Bay Area, Miami, and Seattle.

What state has no billionaires?

As of 2024, there are 756 billionaires living in 43 of the 50 US states or Washington, D.C. The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, and West Virginia.

What city where 1 in 3 people are millionaires?

More than 12,000 of Monaco's 39,000 residents are millionaires, roughly one in three people. That astonishing ratio makes the Principality the undisputed leader in millionaire density worldwide.

How to turn $10,000 into $100,000 quickly?

To turn $10k into $100k fast, focus on high-growth active strategies like e-commerce, flipping, or starting an online business (courses, digital products), as traditional investing takes years; these methods demand significant time, skill, and risk, but offer quicker scaling by leveraging your work and capital for exponential growth, though get-rich-quick schemes are scams, and realistic timelines often involve years even with aggressive strategies. 

Are millionaires born or made?

9 out of 10 millionaires are self made. 88% to be exact. They weren't born with it, they didn't inherit it.

How can anyone turn $5000 into more than $400,000?

The magic of compound interest

Any saver can turn an initial deposit of $5000 into $416,325 (before fees) over 20 years by earning an annual return of 10 per cent and investing an additional $500 each month into their investment kitty.

What country can a US citizen move to easily?

North America offers some of the easiest relocation options for US citizens, with familiar culture, short travel distances, and well-established expat communities. Canada and Costa Rica stand out as top choices, each offering residency pathways for investors, retirees, and families.

Where in the world can I live for $800 a month?

7 destinations where you can live well on $800/month—without...

• Chattanooga, Tennessee (USA) ...
• Mérida, Mexico. ...
• Chiang Mai, Thailand. ...
• George Town, Penang (Malaysia) ...
• Medellín, Colombia. ...
• Tbilisi, Georgia. ...
• Bali, Indonesia.

Where is the cheapest place to start a new life?

Most Affordable Places to Live in the U.S. in 2025-2026

• Decatur, IL.
• Enid, OK.
• Springfield, IL.
• Mission, TX.
• Bay City, MI.
• Eagle Pass, TX.