illuminem summarises for you the essential news of the day. Read the full piece on Business Insider Africa or enjoy below:
🗞️ Driving the news: The 2025 Global Cities Report has ranked the top urban centres worldwide excelling in tax benefits, wealth security, and sustainability, offering strategic advantages for high-net-worth individuals and global investors
• The report highlights how cities like Singapore, Zug, and Wellington are leading across all three indices: tax efficiency, wealth preservation, and smart, sustainable urban development
🔭 The context: Compiled by Multipolitan, the study aggregates findings from three indices: the Tax-Friendly Cities Index, the Wealth Preservation Cities Index (2015–2025), and the Smart & Sustainable Cities Index
• Each index evaluates cities based on national tax regimes, financial resilience, climate adaptation, digital readiness, and political stability — factors increasingly relevant in a volatile global economy shaped by geopolitical risks and shifting fiscal policies
🌍 Why it matters for the planet: The inclusion of sustainability alongside wealth and tax metrics reflects a growing recognition that long-term prosperity depends on environmental resilience and forward-looking urban infrastructure
• Cities that excel in all three areas are not only attractive to investors but are also better positioned to drive low-carbon innovation and withstand climate and economic shocks
• Seychelles’ debut in both the wealth and sustainability indices signals Africa’s growing relevance in this global shift
⏭️ What's next: These rankings are expected to shape migration, investment, and citizenship planning for ultra-high-net-worth individuals
• Policymakers in emerging financial hubs may leverage the findings to enhance urban resilience, attract foreign capital, and strengthen climate strategies. Cities at the top — like Singapore, Copenhagen, and Zug — are likely to remain magnets for global capital, talent, and sustainability leadership
💬 One quote: “For individuals focused on safeguarding their wealth, the local environment plays a critical role. Where you live can matter as much as how you invest,” – Gabrielle Reid, Head of Insights, Multipolitan
📈 One stat: Singapore ranks in the top three across all indices — tax friendliness, wealth preservation, and smart cities — underscoring its position as the world’s leading location for sustainable wealth management
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