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London’s Tax Reset, Jamaica’s Property Pull: Rethinking the “Millionaire Exodus”

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Jamaica Now
Feb 02, 2026
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London’s Tax Reset, Jamaica’s Property Pull: Rethinking the “Millionaire Exodus”

In recent years—and especially through 2024 into 2025—the idea that wealthy individuals are “leaving the UK” has hardened into a media shorthand. It is often described as a millionaire exodus: a flow of mobile wealth responding to tax reform, political signals, and a shifting sense of certainty about where capital is best anchored.

The truth, as ever, is more nuanced. The most widely quoted figures come from Henley & Partners, whose Private Wealth Migration Report 2025 forecasts a net outflow of around 16,500 high-net-worth individuals from the UK. The number is model-based, contested, and frequently misunderstood—but it captures something real: globally mobile wealth is reassessing where it lives, invests, and buys property.

Against that backdrop, Jamaica has quietly entered the conversation. Not as a replacement for London, and not as a tax haven, but as a real estate market where lifestyle, tourism demand, and long-term land value intersect. For certain investors—particularly those a…

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