UAE Leads List of Countries with Millionaire Expats

The United Arab Emirates confidently holds the leading position in the global ranking of countries that attract wealthy expats. According to Henley & Partners, 6,700 millionaires moved to the UAE in 2024, of which more than 800 were from the UK, making the Emirates the second most popular relocation destination for British wealthy citizens. This impressive figure is no coincidence and reflects the attractiveness of the UAE both for living and for investment.

Millionaire migration is a sensitive indicator of a country’s economic well-being and political stability. The UAE excels in all of these areas. So what makes the Emirates such a desirable destination for wealthy people from all over the world?

• Stable Economy and Currency: The UAE Dirham, pegged to the US dollar, provides financial stability and predictability, which is especially important for long-term investments and life planning. The Emirates economy has demonstrated steady growth despite global economic fluctuations.
• Favorable Business Environment: The UAE offers simple and transparent business registration procedures, minimal bureaucratic barriers, and strong support for innovation and entrepreneurship. This not only attracts wealthy investors, but also creates fertile ground for the development of new businesses and jobs.

• Flexible tax policy: The absence of income tax for individuals is one of the main advantages of the UAE. This allows you to save a significantly larger portion of your income, making the country very attractive from a tax planning perspective.
• High standard of living: The UAE offers a high standard of living, including excellent infrastructure, modern healthcare and education systems, and a wide range of luxury goods and services. Safety and comfortable living conditions are integral attributes of life in the Emirates.
• Diverse and attractive culture: The combination of tradition and modern lifestyle, cosmopolitan atmosphere and tolerance of different cultures create a unique and attractive environment for people from all over the world.

The high influx of millionaires has a direct impact on the UAE real estate market. The ever-growing demand supports real estate prices and makes it a promising investment. Whether it is luxury villas on the Dubai coast or modern apartments in Abu Dhabi, the UAE real estate market offers a wide range of options for investors with different goals and budgets.

If you are considering the Emirates real estate market for investment or permanent residence, Mercury Group specialists are ready to provide you with full support. Our experienced analysts will help you choose a project that perfectly matches your individual goals and requirements. Contact us, and we will help you make a profitable and confident investment for the future.