{"id":3406,"date":"2024-07-08T20:32:37","date_gmt":"2024-07-08T18:32:37","guid":{"rendered":"https:\/\/dubairealestate.net\/?p=3406"},"modified":"2026-07-02T11:37:57","modified_gmt":"2026-07-02T09:37:57","slug":"united-arab-emirates-6700-millionaires-in-2024","status":"publish","type":"post","link":"https:\/\/dubairealestate.net\/en\/actualite\/les-emirats-arabes-unis-6700-millionnaires-2024\/","title":{"rendered":"The United Arab Emirates is set to attract more than 6,700 expatriate millionaires in 2024"},"content":{"rendered":"

More than\u00a06,700 expatriate millionaires<\/strong>\u00a0will settle in the United Arab Emirates this year, placing the UAE at the top of the list of countries attracting the largest number of high-net-worth individuals. According to a new study published on Tuesday 18 June by Henley & Partners, the UAE is set to take the top spot for the third consecutive year as the world\u2019s leading magnet for wealth.<\/p>\n\n\n\n

The massive influx of the wealthy: A lasting trend<\/h2>\n\n\n\n

The United Arab Emirates (UAE) is experiencing a a steady and growing number of visitors<\/strong> of high-net-worth individuals, mainly thanks to significant inflows from the United Kingdom and Europe. This trend is reinforced by a recent report which predicts that the UAE will attract nearly twice as many millionaires as its closest rival, the United States.<\/p>\n\n\n\n

The origins of the influx of millionaires<\/h3>\n\n\n\n

The UAE is expected not only to welcome European and British millionaires, but also to benefit from a steady influx of wealthy individuals from:<\/p>\n\n\n\n

    \n
  • India<\/strong><\/li>\n\n\n\n
  • The Middle East<\/strong><\/li>\n\n\n\n
  • Russia<\/strong><\/li>\n\n\n\n
  • Africa<\/strong><\/li>\n<\/ul>\n\n\n\n

    This diverse mix of immigrants helps to bolster the Emirates\u2019 dynamic economy.<\/p>\n\n\n\n

    An attractive regulatory framework<\/h2>\n\n\n\n

    In less than five years, the UAE has established a robust regulatory framework<\/strong>, offering high-net-worth individuals a wide range of innovative solutions to protect, preserve and grow their wealth. This framework includes measures such as the attractive golden visa<\/strong> and a business-friendly environment.<\/p>\n\n\n\n

    Services offered to wealthy foreign nationals<\/h3>\n\n\n\n

    Among the services offered to attract these high-net-worth individuals are:<\/p>\n\n\n\n

      \n
    • Extended golden visas<\/strong><\/li>\n\n\n\n
    • A favourable tax environment<\/strong><\/li>\n\n\n\n
    • Modern and luxurious facilities<\/strong><\/li>\n\n\n\n
    • Easy access to new business opportunities<\/strong><\/li>\n<\/ul>\n\n\n\n

      These incentives appeal to those seeking to maximise and safeguard their investments.<\/p>\n\n\n\n

      The local economic impact<\/h2>\n\n\n\n

      According to Dominic Volek, Head of Private Clients at Henley & Partners, approximately twenty per cent<\/strong> the newcomers will be entrepreneurs<\/strong> and some company founders<\/strong>, which will create local jobs in their new country. For the centi-millionaires<\/strong> and billionaires<\/strong>, this percentage rises to over sixty per cent.<\/p>\n\n\n\n

      Job creation<\/h3>\n\n\n\n

      The increased presence of these individuals contributes directly to the local economy through:<\/p>\n\n\n\n

        \n
      • The creation of new businesses<\/strong><\/li>\n\n\n\n
      • Direct investment in local infrastructure<\/strong><\/li>\n\n\n\n
      • High spending on luxury goods and services<\/strong><\/li>\n<\/ul>\n\n\n\n

        These economic activities contribute to the development and ongoing modernisation of the UAE.<\/p>\n\n\n\n

        The UAE\u2019s future aspirations<\/h2>\n\n\n\n

        The Emirates have made no secret of their ambitions to become the the world\u2019s leading financial centre<\/strong>. Current initiatives clearly show that they are making every effort to attract ever more millionaires.<\/p>\n\n\n\n

        Strategies for attracting customers<\/h3>\n\n\n\n

        To achieve this admirable goal, they are implementing strategies that include:<\/p>\n\n\n\n

          \n
        • The ongoing improvement of infrastructure<\/strong><\/li>\n\n\n\n
        • Strengthening legislation to protect cultural heritage<\/strong><\/li>\n\n\n\n
        • Promoting security and political stability<\/strong><\/li>\n\n\n\n
        • The establishment of new special economic zones<\/strong><\/li>\n<\/ul>\n\n\n\n

          These strategic initiatives demonstrate the UAE\u2019s firm commitment to attracting the very best of the international millionaire community.<\/p>\n\n\n\n

          The UAE is set to consolidate its status as a preferred destination for high-net-worth individuals thanks to a combination of favourable regulations, thriving business opportunities and a luxurious lifestyle. By continuing their efforts to attract wealthy investors, the Emirates are playing a crucial role in reshaping global wealth flows.<\/p>","protected":false},"excerpt":{"rendered":"

          Plus de\u00a06 700 expatri\u00e9s millionnaires\u00a0s’installeront aux \u00c9mirats Arabes Unis cette ann\u00e9e, pla\u00e7ant les \u00c9mirats en t\u00eate des pays attirant le plus grand nombre d’individus fortun\u00e9s. Selon une nouvelle \u00e9tude publi\u00e9e le mardi 18 juin par Henley & Partners, les EAU sont sur le point d’occuper la premi\u00e8re place pour la troisi\u00e8me ann\u00e9e cons\u00e9cutive en tant […]<\/p>\n","protected":false},"author":8,"featured_media":3407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualite"],"_links":{"self":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/3406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/comments?post=3406"}],"version-history":[{"count":1,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/3406\/revisions"}],"predecessor-version":[{"id":3408,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/posts\/3406\/revisions\/3408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media\/3407"}],"wp:attachment":[{"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/media?parent=3406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/categories?post=3406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubairealestate.net\/en\/wp-json\/wp\/v2\/tags?post=3406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}