Millionaire Exodus: Why Colombia Could Be One of the Most Affected Latin American Countries in 2026
The main motivation behind this decision is the perception of risk. Photo: Image generated with artificial intelligence-CHATGPT
TL;DR
- High-net-worth individuals are expected to continue leaving Latin American economies through 2026.
- Colombia is projected to experience significant net outflows of millionaires.
- Key drivers for this migration include political uncertainty, economic volatility, and fiscal concerns.
- Brazil saw around 1,200 millionaires leave in 2025.
- The United States, Spain, and Portugal are noted as important recipient countries.
- Costa Rica and Panama are emerging as attractive destinations for wealthy individuals.
- Colombia faces the challenge of retaining existing wealth and attracting new capital.