Canada has solidified its position as a top destination for high-net-worth individuals in 2024, ranking fourth globally in attracting millionaires. According to the Henley Private Wealth Migration report, Canada is projected to welcome 3,200 millionaire immigrants this year. The country's appeal stems from its stable economy, high quality of life, and innovative immigration programs like the Start-Up Visa. This influx of wealthy individuals is expected to boost Canada's economy through investments, job creation, and contributions to various sectors, particularly in major cities like Toronto, Vancouver, and Montreal.
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