As usual, the world's richest people look to Paris or New York to buy a luxury home to live in. And this year, these major cities are joined by Miami, Tokyo, London and, once again, Madrid, which returns to ninth place among billionaires' favourite cities, according to the BARNES Index City 2023. Barcelona went straight to 21st place, while Milan and Rome climbed to 10th and 11th place, respectively. Lisbon is also among the top 25 cities.
The most searched cities in this category include Paris, which climbed to the top spot, ousting two US destinations, Miami and New York, where the rich have been heading in the wake of the pandemic, along with the Texan city, Austin. The two Italian cities Milan, in 10th place, and Rome, in 11th place, have been among the biggest climbers in the index this year, together with Dubai (UAE) coming in fifth.
Madrid cemented its place in the 'top 10' of the wealthiest people's favourite destinations to live in, along with Tokyo, London and Geneva, while Barcelona entered the ranking in 21st place. It was only overtaken by Istanbul among the 'new additions' of the cities preferred by the world's richest people.
