In a world of accelerating fluctuations and changes, the United Arab Emirates is positioned as the first destination (for the wealthy, investors, and creative people)
It has attracted a large number of wealthy people and entrepreneurs around the world who are looking for investment opportunities and secure living, as their number has reached 6,700 millionaires, and it is expected that their number will rise by the end of this year to 112,000 millionaires.
Investor exodus?
The United Arab Emirates and the United States of America stand at the forefront of the preferred destinations for this distinguished group. The migration of millionaires is not just a human movement, but rather a massive flow of money, expertise and investments that are reshaping the economic and social landscape of host countries, making them global centers of attraction for creativity, growth and prosperity.
Why to the UAE?
Due to the successful policies and advantages that the United Arab Emirates offers to investors, the movement of capital to new countries significantly enhances foreign currency earnings. For example, when a person with US$10 million in cash assets moves, this is equivalent to generating the same amount of revenue from exports. This influx strengthens the host country's currency and economic standing.
They constitute about 20% of entrepreneurs who bring wealth and also establish new companies. This tendency to establish new companies is strongest among those whose wealth exceeds hundreds of millionaires and billionaires, as more than 60% of them establish new companies. These activities lead to job creation, which will have a positive impact on the employment rate, especially in industries such as technology, luxury retail, and financial services.
The investment influx from these wealthy individuals boosts local stock markets. High net worth individuals often invest heavily in stocks, and some may even list their companies on local stock exchanges, providing a strong investment environment. The way the wealthy live and pour their money into luxury goods, real estate, and services such as wealth management creates thousands of high-paying jobs and stimulates economic growth across various industries.
What does the United Arab Emirates offer?
It provides all means of comfort and security, such as (health care, education, security and safety, a more private lifestyle, a luxurious life, a high standard of living, a level of security on the social level, technical security, information networks). This is the first test for them to preserve their money. And they feel safe
The UAE also offers significant tax benefits, including no personal income tax. In addition, government services are characterized by efficiency and lack of red tape and bureaucracy, which enhances the ease of doing business and daily life for residents. And the UAE's Golden Visa initiative, which provides long-term residency for investors and venture capitalists.
Preparing millionaires from 2023-2024 in the UAE?
Their number in 2023 reached about 4,650 millionaires, and witnessed an increase until the year 2024, reaching 6,700 millionaires. According to expectations, by the end of 2024, their number will reach 12,200 millionaires. This indicates that the desire of the wealthy, business owners, and investors prefer to invest in the UAE to provide all means. Live 
