How Latin American money finds a new financial home.
The Exodus Economy
$10,000 in Argentine pesos kept under a mattress in 2016 is worth $114 today. The rest of the region's money found better ways out. We followed all of them.
Get the Report
How Latin American money finds a new financial home.
The Exodus Economy
$10,000 in Argentine pesos kept under a mattress in 2016 is worth $114 today. The rest of the region's money found better ways out. We followed all of them.
Get the Report
How Latin American money finds a new financial home.
The Exodus Economy
$10,000 in Argentine pesos kept under a mattress in 2016 is worth $114 today. The rest of the region's money found better ways out. We followed all of them.
Get the Report

Featured Contributions from:

Before writing a word, we did the counting.

60
billionaire addresses verified against Forbes, one by one
12
dollar-account fine prints audited, clause by clause
12 years
of dollar flows followed on-chain, wallet by wallet

The millionaires are the headline. The money is the story.

About 1,200 millionaires are projected to leave Brazil this year. Now the numbers nobody televises: 27 million Latin Americans already live abroad. Brazilians hold $654 billion overseas, counted by their own central bank. Money sent home to Mexico reached $63 billion in a year, and a crypto rail beside it already runs at roughly half that size. The exodus is not an event. It is a system. This report maps it.

$654B
Brazilian money abroad, by Brazil's own count
26.9M
Latin Americans living outside their country
$63.2B
sent home to Mexico in the last 12 months
1/2
the size the crypto rail has already reached beside it

The millionaires are the headline. The money is the story.

About 1,200 millionaires are projected to leave Brazil this year. Now the numbers nobody televises: 27 million Latin Americans already live abroad. Brazilians hold $654 billion overseas, counted by their own central bank. Money sent home to Mexico reached $63 billion in a year, and a crypto rail beside it already runs at roughly half that size. The exodus is not an event. It is a system. This report maps it.

$654B
Brazilian money abroad, by Brazil's own count
26.9M
Latin Americans living outside their country
$63.2B
sent home to Mexico in the last 12 months
1/2
the size the crypto rail has already reached beside it

The millionaires are the headline. The money is the story.

About 1,200 millionaires are projected to leave Brazil this year. Now the numbers nobody televises: 27 million Latin Americans already live abroad. Brazilians hold $654 billion overseas, counted by their own central bank. Money sent home to Mexico reached $63 billion in a year, and a crypto rail beside it already runs at roughly half that size. The exodus is not an event. It is a system. This report maps it.

$654B
Brazilian money abroad, by Brazil's own count
26.9M
Latin Americans living outside their country
$63.2B
sent home to Mexico in the last 12 months
1/2
the size the crypto rail has already reached beside it

Five findings. Five assumptions broken.

Five findings. Five assumptions broken.

Source: Banxico · Banco Central do Brasil · Dune · Forbes · own census · data as of July 2026

Source: Banxico · Banco Central do Brasil · Dune · Forbes · own census · data as of July 2026

THE SURPRISE

+50%

What Brazilian savers gained by staying in local deposits for ten years. They beat the dollar.

THE SURPRISE

+50%

What Brazilian savers gained by staying in local deposits for ten years. They beat the dollar.

THE SURPRISE

+50%

What Brazilian savers gained by staying in local deposits for ten years. They beat the dollar.

THE FINE PRINT

88%

Dollar accounts keep your money in an insured US bank. In five, the balance is a stablecoin.

THE FINE PRINT

88%

Dollar accounts keep your money in an insured US bank. In five, the balance is a stablecoin.

THE FINE PRINT

88%

Dollar accounts keep your money in an insured US bank. In five, the balance is a stablecoin.

THE HABIT

>99%

of withdrawn crypto dollars move again within 30 days. A highway, not a vault.

THE HABIT

>99%

of withdrawn crypto dollars move again within 30 days. A highway, not a vault.

THE HABIT

>99%

of withdrawn crypto dollars move again within 30 days. A highway, not a vault.

THE TICKET

$544

The average crypto withdrawal in Argentina. The average remittance into Mexico is $404. Same people, new rail.

THE TICKET

$544

The average crypto withdrawal in Argentina. The average remittance into Mexico is $404. Same people, new rail.

THE TICKET

$544

The average crypto withdrawal in Argentina. The average remittance into Mexico is $404. Same people, new rail.

THE ORBIT

0 of 14

Mexican billionaires live abroad. None. The exodus is real, but it is not uniform.

THE ORBIT

0 of 14

Mexican billionaires live abroad. None. The exodus is real, but it is not uniform.

THE THESIS
Some families board planes. Most of the money leaves without anyone moving.

The billionaire exodus is real.
Except where it is not.

We checked all 60 against their Forbes profiles. $137 billion already lives abroad, in Singapore, Zurich and Panama City. And one giant exception: all fourteen Mexican billionaires are still home.

The billionaire orbit: where the top 60 actually live

Dot size = net worth · color = citizenship · farther orbit = smaller fortunes abroad

HOME46 of 59Eduardo SaverinBrazil → Singapore · $33.7BJorge Paulo LemannBrazil → Zurich · $19.6BDavid VelezColombia → Sao Paulo · $13.5BJaime Gilinski BacalColombia → Panama City · $16.9BJuan Carlos EscotetVenezuela → A Coruna · $11.0B
Brazil
Colombia
Venezuela
Country
Argentina
Mexico (all home)

BEINCRYPTO ANALYSIS OF FORBES PROFILES, JULY 2026

Reviewed with the people who move this money for a living.

AUTHOR
BeInCrypto Research Team
COVERAGE
Brazil · Mexico · Argentina · Colombia · Venezuela
Methodology
Open · every chart regenerable
Editorial model
Independent · no commercial sponsorship

Meet the Latin American Finance Council

Our Council Members:

Caio Fasanella
Head of Investments, Nomad
EXPERTISE
Dollarization • Wealth • Brazil
Our growth story is fundamentally driven by Brazilians living in Brazil who want global diversification.
Antônia Souza
Director of Digital Currencies, Latin America & the Caribbean, Visa
EXPERTISE
Stablecoin rails • Cross-border payments • Settlement
We today have more investors in crypto in Brazil than we have in the B3, our stock exchange.
Michael Rihani
Director of Crypto, Nubank
EXPERTISE
Digital dollars • Retail investing • Brazil
Latin America needs financial infrastructure that makes it easier to build, invest, and keep wealth locally while staying connected globally
Bruno Grossi
Head of Emerging Technologies, Banco Inter
EXPERTISE
Global accounts • US investing • Brazil
The goal isn't to stop capital from becoming global. Capital will always seek the best opportunities. Our challenge is to ensure Brazil and Latin America are among the most attractive places to build, invest and innovate.

Data providers

AUTHOR
BeInCrypto Research Team
COVERAGE
Brazil · Mexico · Argentina · Colombia · Venezuela
Methodology
Open · every chart regenerable
Editorial model
Independent · no commercial sponsorship

Meet the Latin American Finance Council

Our Council Members:

Caio Fasanella
Head of Investments, Nomad
EXPERTISE
Dollarization • Wealth • Brazil
Our growth story is fundamentally driven by Brazilians living in Brazil who want global diversification.
Antônia Souza
Director of Digital Currencies, Latin America & the Caribbean, Visa
EXPERTISE
Stablecoin rails • Cross-border payments • Settlement
We today have more investors in crypto in Brazil than we have in the B3, our stock exchange.
Michael Rihani
Director of Crypto, Nubank
EXPERTISE
Digital dollars • Retail investing • Brazil
Latin America needs financial infrastructure that makes it easier to build, invest, and keep wealth locally while staying connected globally
Bruno Grossi
Head of Emerging Technologies, Banco Inter
EXPERTISE
Global accounts • US investing • Brazil
The goal isn't to stop capital from becoming global. Capital will always seek the best opportunities. Our challenge is to ensure Brazil and Latin America are among the most attractive places to build, invest and innovate.

Data providers

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What's inside · The Exodus Economy, first edition

The Exodus Economy

The Exodus Economy

The Exodus Economy

The $654 billion Brazil counts, and almost nobody reads

What your "dollar account" really holds. Read this before your next deposit

One corridor, two rails: remittances vs crypto, measured in the same units

Miami, Lisbon, Panama, Dubai: who actually gets the money

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In this edition

In this edition

#Corridors beyond Mexico

#The advisor survey

#Golden-visa economics

We shaped this research with a small group of partners, and the next LATAM deep dive is already in the works.

Download the report

In this edition

#Corridors beyond Mexico

#The advisor survey

#Golden-visa economics

We shaped this research with a small group of partners, and the next LATAM deep dive is already in the works.

Download the report

Partner with
BeInCrypto Intelligence

Embedded across research, rankings, editorial, and the awards lifecycle.

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Alevtina Labyuk

Chief Strategic Partnerships and Customer Experience Officer

Prepared independently by the BeInCrypto Research team from sources believed reliable. For informational purposes only; not investment, legal, or tax advice. Commercial relationships are subject to BeInCrypto's editorial and research independence policies and do not determine analytical conclusions.

Prepared independently by the BeInCrypto Research team from sources believed reliable. For informational purposes only; not investment, legal, or tax advice. Commercial relationships are subject to BeInCrypto's editorial and research independence policies and do not determine analytical conclusions.

Prepared independently by the BeInCrypto Research team from sources believed reliable. For informational purposes only; not investment, legal, or tax advice. Commercial relationships are subject to BeInCrypto's editorial and research independence policies and do not determine analytical conclusions.