Millionaires Flock to UAE for Stability

More Millionaires Choose UAE - Security and Tax Benefits
The United Arab Emirates continues to attract some of the world's wealthiest individuals, even amidst ongoing war situations in the region. International migration advisors and wealth managers agree that the UAE's stability, rule of law, high quality of life, and favorable tax environment offer a safe harbor, especially appealing to wealthy investors during times of crisis.
More Attractive During Crises
History repeats itself: when uncertainty prevails in the world, the UAE increasingly attracts families with significant capital. The most recent wave was triggered by the Russia-Ukraine war, followed by migration due to European tax increases and political tensions, especially from the United Kingdom. American political polarization also resulted in another wave, particularly among millionaires from the United States, many of whom are focused on obtaining a golden visa.
Abu Dhabi and Dubai: Among the World's Safest Cities
According to the UBS Global Wealth Report 2025, approximately 13,000 new millionaires arrived in the UAE in 2024, representing a 5.8% increase compared to the previous year. As a result, the number of high net worth individuals (HNWIs) reached 240,343. The total wealth of this group is estimated to be around 785 billion dollars.
According to Henley & Partners, the UAE attracted 7,200 new millionaires in 2022 – 53% more than the previous year. This supports the trend that the country – especially Dubai and Abu Dhabi – significantly benefits from regional tensions without experiencing serious macroeconomic impacts.
The World's Strongest Passport?
According to the migration investment advisory firm, Arton Capital, the UAE passport is currently the strongest in the world. In recent years, its ranking jumped from 35th to 1st place, representing unprecedented growth. This rapid development is primarily due to the government's deliberate and strategic diplomatic steps aimed at securing as many visa-free agreements as possible – effectively opening up the entire world to Emirati citizens.
New Migration Wave Amid Regional Conflicts
While wars come with enormous human costs, experts believe that localized conflicts – like the current Iran-Israel situation – do not significantly affect global migration trends. However, a new wave of arrivals from neighboring countries is already perceptible, and the UAE once again plays a crucial role in providing a secure, orderly, and open destination for wealthy families.
Why Choose UAE?
Stable economy and low tax rates
Political and social stability
Excellent healthcare and education system
Global connectivity, strong aviation sector
Security – exceptional in international comparisons
Golden visa program, offering long-term stay
Summary
Paradoxically, global instability further enhances the UAE's appeal. For the global elite, it is not just a place for a luxurious lifestyle, but a strategic financial and family refuge. Trends clearly indicate that Dubai and Abu Dhabi have become central not only in a tourism context but also economically and demographically on a global scale – a role that is likely to strengthen in the future.
(Source: Based on financial advisors.)
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