THE REGION has been revealed as one of the most popular relocation destinations for Scotland’s super-rich.
A survey conducted by Rathbone Investment Management questioned high net worth individuals (HNWIs) – people with a net worth of more than £20 million – and found that nearly two-thirds (61 per cent) are fleeing cities due to the pressures of the pandemic.
Of those swapping cosmopolis for countryside, 18 per cent said they had considered relocating to Dumfries and Galloway in the last year – making it the fourth most favoured rural area to move to by the country’s multi-millionares.
Kindar Brown, financial planner at Rathbone Investment Management said: “Lockdown has forced us all to spend a much greater amount of time at home, with many navigating home working, home schooling, exercise, and socialising all under one roof.
“Understandably, it’s meant that many have reconsidered their home environment and thought about a move. More rural locations have become popular choices as people yearn for more outside space and the daily commute becomes less of a factor to consider.”