{"id":40570,"date":"2022-09-23T18:47:02","date_gmt":"2022-09-23T14:47:02","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=40570"},"modified":"2022-09-23T18:47:02","modified_gmt":"2022-09-23T14:47:02","slug":"why-are-the-wealthy-moving-to-dubai","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/why-are-the-wealthy-moving-to-dubai\/","title":{"rendered":"Why Are The Wealthy Moving To Dubai?"},"content":{"rendered":"

Overview Of Dubai As A Living <\/span><\/span><\/strong><\/em>Destination <\/span><\/span><\/strong><\/em><\/h3>\n

& Its Golden Visa<\/span><\/span><\/strong><\/em><\/h3>\n

Millionaires around the world are flocking to Dubai in increasing numbers, thanks to its Golden Visa scheme, making it the 29th most popular city for High-Net Worth-Individuals (HNWI). While countries such as the United Kingdom<\/a>, China, and India are losing wealthy people, Dubai is expecting about a 4% increase in millionaires by the end of this year \u2013 four times the number of millionaires it attracted pre-pandemic.<\/span>\u00a0<\/span><\/p>\n

The UAE has cemented its place as a top destination for the rich for multiple reasons. One is the high level of financial and personal privacy the country offers its inhabitants compared to most countries.<\/span>\u00a0<\/span><\/p>\n

Why Dubai?\u00a0<\/strong><\/em><\/h3>\n

Not only has the UAE become a cryptocurrency hub in the MENA region, it also possesses a vigorous economy, solid diplomatic relations, peace, and safety. Due to its strategic location and excellent infrastructure, the UAE provides a large spectrum of business opportunities attracting many professionals and entrepreneurs<\/a>.\u00a0<\/span>\u00a0<\/span><\/p>\n

All of these, combined with the allure of living in Dubai, one of the world’s leading cities and home to a magnificent array of architecture and various cultural outlets, has made the UAE in general, and Dubai, in particular, a magnet for those looking to maximize their wealth and enjoy it in a sunny environment.<\/span><\/p>\n

Are you a digital nomad? These are the best Golden Visa countries for remote work<\/a><\/strong><\/em><\/p>\n

Other reasons include a first-class healthcare system and an elite lifestyle with luxury apartments, shopping malls, and restaurants. For the wealthy who have children, the country offers vast leisure activities, from beaches and water sports to museums and indoor adventures. With more than 200 international schools, the Emirates present the expatriate community with various educational options. In Dubai alone, there are 140 international schools available with British, American, and International Baccalaureate (IB) curriculums.<\/span>\u00a0<\/span><\/p>\n

What is also applaudable is the UAE’s quick response to the pandemic. Its foresight and proactive policies have jointly helped it overcome challenges and further extend efforts to support other countries in need of medical aid.<\/span><\/p>\n

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The Dubai #realestate<\/a> market recorded AED1.6 billion on Monday, September 19, reflecting the continued boom in the property market in the emirate.<\/p>\n

Learn more: https:\/\/t.co\/sOGolNRCF4<\/a><\/p>\n

\u2014 ArabianBusiness.com (@ArabianBusiness) September 20, 2022<\/a><\/p>\n<\/blockquote>\n