The United Arab Emirates (UAE) reigns as the ultimate destination for millionaires for the third consecutive year.
Welcome to 6,700+ millionaires
According to The Henley Private Wealth Migration Report, the UAE is set to welcome over 6,700 millionaires this year. The number solidifies the status of UAE in general—and the emirate of Dubai in particular—as the most preferred choice for global investors seeking stability and growth.
The US follows, with an expected inflow of 3,800 millionaires this year.
Why Dubai attracts investors?
The answer lies in the unparalleled advantages that Dubai offers.
Interestingly, a host of factors including geopolitical tensions, economic uncertainties, and social upheavals encourage the wealthy to seek a safer haven for their assets and family interests. And, Dubai is a top choice for most.
A bustling metropolis, Dubai stands out as the premier hub for property investment at the global level. Its robust economy, strategic geographic positioning, and world-class infrastructure promise a conducive environment for substantial returns on investment.
High return on investment
Moreover, Dubai’s real estate market caters to varying investor needs, from high-end residential properties to lucrative commercial ventures. The city consistently delivers impressive returns on both rental income and capital gains, making it a magnet for those looking to grow their wealth exponentially.
Investor-friendly policies
Another highlight is the UAE’s investor-friendly policies, including favorable tax frameworks and the coveted Golden Visa. The golden visa initiative, specifically designed for foreign investors and entrepreneurs, provides long-term residency, offering security and peace of mind for families and assets alike.
As global uncertainties loom large, Dubai emerges as a land of stability and opportunity. Investors move to Dubai not just for financial benefits but for a bright and safe future.
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