More United States millionaires likely to leave the country as Trump takes office

A new survey of wealthy Americans finds that around a third of United States millionaires say they are now more likely to consider leaving the country following Donald Trump’s return to the presidency.

The findings highlight how concerns about foreign policy, economic conditions and domestic divisions are shaping how high-net-worth individuals think about where they live in the long term.

A third of United States millionaires more likely to leave

The survey polled around 1,000 Americans with a net worth of at least US$1,000,000. Participants were asked whether they felt more or less likely to leave the United States than before the 2024 presidential election.

The results show that 18% said they were much more likely to leave, while 15% said they were more likely to do so. In total, around 33% of respondents said they were more or much more likely to leave the country than before the election. A further 34% said they were unsure, or neither more nor less likely to leave.

What wealthy Americans are worried about

Among respondents who said they were more likely to leave the United States, a large majority reported specific concerns about the country’s direction.

• 84% strongly agreed that they were concerned about foreign policy
• 74% strongly agreed that they were worried about the United States economy
• 78% strongly agreed that they were concerned about internal divisions within the country

Foreign policy concerns were cited by most respondents who said they might leave, pointing to the importance many place on how the United States manages its international relationships when weighing long-term residence decisions.

Differences by political affiliation

Responses varied according to voting behaviour in the 2024 presidential election. Among those saying they were more or much more likely to leave the United States, 52% reported having voted for the Democratic candidate, Kamala Harris. By comparison, 15% of respondents who said they might leave reported having voted for Donald Trump.

These differences indicate that political affiliation plays a part in how respondents assess the likelihood of leaving the country.

Growing interest in international residence and citizenship

These findings reflect what we have seen in the investment migration sector, where demand from United States citizens for international residence and citizenship options has risen sharply. In 2023, Americans accounted for around 1% of all enquiries in the sector. By 2025 that share had risen to around 10%. Industry data also shows a 98.3% increase in applications from United States citizens in 2025 compared with the previous year. Taken together, these figures point to a growing trend among American investors and high-net-worth individuals towards structured residence planning outside the United States.

Wider United States interest in moving abroad

Beyond the wealthy population, general polling shows that a notable share of Americans express an interest in moving to another country. One national poll found that 20% of Americans said they would move permanently to another country if they could. Set alongside the survey findings among United States millionaires and the increased demand seen in the investment migration sector, this wider sentiment suggests that considerations around international living and long-term residence planning are becoming increasingly common in the United States.