EAU is still a magnet for global millionaires


The Dubai International Financial Center. - AFP
The Dubai International Financial Center. – AFP

Islamabad: United Arab Emirates (EAU) remain the world’s leading of millionaire, promoted by generous tax policies that include zero income, capital gains and inheritance taxes. These incentives have made EAU a better option for high -level network (HNWI), particularly countries with richness taxes, as several in the European Union.

At the end of 2024, the EAU house more than 130,000 millionaires, including 325 centi-millones and 28 billionaires, with a total private wealth estimated at $ 785 billion. The Dubai International Financial Center (DIFC) only supervises $ 450 billion in private assets, while the ABU Dhabi adgm houses hundreds of global funds and heritage administrators.

The year 2024 saw approximately 6,700-7,200 millionaires relocate to the EAU, which contributed approximately $ 7 billion in fresh capital. However, according to Khaleej TimesThe EAU are expected to attract the largest number of high -level network individuals in 2025, with more than 9,800 relocated to the Emirates.

In the last scenario, according to the Gulf News, a new analysis of the Dubai Chamber of Commerce has revealed that Indian property companies led the list of non -emirati companies that join the camera in QI 2025.

A total of 4,543 new members of India joined during the three -month period that represents a growth year (year -on -year) of 4.4% and underlying the vital economic role played by Indian companies such as the largest foreign business community in Dubai.

Pakistan continued secondly with 2,154 new companies that were registered as members of the Chamber during the first quarter of the year and 1,362 new Egyptian companies joined the Chamber, placing the third country among the main nationalities of new companies.

According to the study by Henley & Partners published by the International Investment Migration Advice Henley & Partners and the World Intelligence Firm New World Wealth, it is estimated that the EAU attract $ 63 billion (DH231 billion) in wealth due to the migration of millionaires in 2025.

The millionaire migration to the EAU almost doubled from 98% in 2014 to 2024, he said. “The EAU retain their crown as the main wealth magnet in the world, with a net record of more than 9,800 that relocate the millionaires this year, more than 2,000 more than the US. UU. Second,” said the company of residence and global citizenship.

The number of millionaires with assets of more than $ 1 million in the EAU is expected to increase 130,500, while it is projected that the population of Centh-Millions with assets greater than $ 100 million will reach 325. The EAU will reach 28 billion billion airs.

Up to 17,000 Pakistani players have bought 23,000 properties worth $ 11 billion in Dubai by 2024. Pakistani holdings are the second largest investment of nationality in Dubai after the Indians. In 2025, the total property owned by Pakistanis will be valued at around $ 10.6-11 billion.

Around 47,000 companies owned by Pakistan are registered in the EAU, including 8,000 new ones founded in just one year. Pakistan was among the main sources of HNWIS migrating to the EAU, part of the 4,500 new millionaire migrants projected in 2023.

The data also reveal that in 2022, India lost around 8,000 millionaires worldwide, with the EAU winning approximately 4,000 of them. Indian millionaires have emigrated to the EAU in waves, around 4,000-8,000 per year, driven by tax-free life, easy business configuration and lifestyle.

The Pakistani HNWIS, although they are not contained separately, are the main investors in real estate and companies in the EAU and have joined similar migratory trends for reasons of economic stability and investment opportunities.

In 2023, Henley’s report projected that India would lose 6,500 hnwi, which mainly migrated to destinations such as Dubai and Singapore. By 2024, it is estimated that 4,300 Indian millionaires moved, with 31% of the 7,200 new HNWI of the EAU originated in India.

He said that Golden Visa options have also “reinforced the position of the EAU as one of the most wanted wealth shelters in the world.” Worldwide, it is projected that a record of 142,000 millionaires will be relocated internationally this year, and the United Kingdom is expected to see the largest net exit of individuals of high net value (HNWI) by any country in the last 10 years.

The study pointed out that the United Kingdom will lose the amazing 16,500 millionaires in 2025, more than twice the anticipated anticipated net exits of China, which occupies the second place this year after exceeding the classification table of Millionaire-Loser every year during the last decade.



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