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Wealthy individuals are increasingly weighing lifestyle and other subjective qualities alongside financial incentives when deciding where to settle in 2025. The UAE is an obvious choice for a number of reasons.
Straightforward factors like taxes and incentives are actively considered by HNWI just as much as factors like the unpredictable global geopolitical outlook. Factors like quality of life, culture, and climate are now intertwined with financial sweeteners and can often be deciding factors.
These factors come a long way in explaining why Dubai and Abu Dhabi rank as the top two cities for HNWIs to relocate to in the Savills study. When it comes to quality of life, it does not get much better than these two metropolises – they are highly regarded by the wealthy because they offer a huge array of luxury amenities.
Dubai takes first place mainly thanks to personal tax and incentives, according to the report from the real estate consultancy firm. Abu Dhabi ranks hot on Dubai’s heels, ahead of Singapore, Zurich, Auckland, and many of the top cities in the United States.