Hey expats. What do 47 millionaires have in common? That’s right, they read Money Abroad 🔥

Welcome to the first-ever edition of our quarterly expat net worth report! 🎉

Today in 10 minutes or less, you’ll learn:

P.S. If you have been getting value, share Money Abroad with just one friend today: 🙏

💸 Expat Net Worth Report Q1 2023

At the start of every quarter, I aim to publish a net worth snapshot from the previous quarter’s new subscriber cohort.

My goal is to provide expats with a transparent, up-to-date resource on net worth and income data from their peer group.

As far as I know, you won’t be able to find this data anywhere else (not publicly anyway).

All numbers below are self-reported in USD

🍫 Quick bites

313 expats completed the onboarding survey in Q1 2023*
~$127M aggregate net worth 🤯
~$50M aggregate annual gross income
Live in 40 residence countries around the world, hailing from 58 origin countries

*survey created on February 18th

Residence countries (top 10)

Origin countries (top 10)

Age: 83% fall within 25-44 age range, including 56% within 26-34

Gender: 1/3 female, 2/3 male

Financial knowledge: 57% intermediate, 33% beginners, 10% advanced

Alright, let’s dive into the juicy stuff.

55% of expats have at least $100k in wealth, while 27% have under $50k.

What surprised me: 15% are millionaires! 🤯