How many millionaires moved to dubai in 2024. Data shows that in 2024, UK nationals .

How many millionaires moved to dubai in 2024 Jun 24, 2025 · UAE to attract over 9,800 millionaires in 2025, many from UK, Pakistan, Iran, Lebanon The millionaire migration to the country nearly doubled, from 98 per cent in 2014 to 2024 and is estimated to Nov 16, 2024 · Ben Grant became a millionaire at 24 and says people treated him differently. Jun 24, 2024 · The report highlighted that around 4,300 millionaires are expected to leave India in 2024, with the majority of them choosing to relocate to Dubai in the UAE. More than 6,700 high-net-worth individuals migrated to the Emirates last year, according to a report from investment migration advisers Henley & Partners. In 2022, about 7,500 high-net-worth individuals left India, and according to the Henley Private Wealth Migration Report, another 6,500 are estimated to leave in 2023. With a projected net inflow of 6,700 HNWIs this year, the UAE is not Jun 20, 2024 · As many as 4,300 Indian millionaires are likely to move abroad in 2024, with most of them opting for the United Arab Emirates (UAE) as their preferred destination, a new report by Henley & Partners, a global investment migration consultancy firm, has claimed. 2025 is likely to see the highest migration of millionaires around the world. Learn about the attractions and opportunities driving this trend. Jul 24, 2024 · 1. As part of this global movement, the UAE captures more than any other single destination, accounting for over 5 per cent of all millionaire revocations worldwide. During the period from 2017 to 2023, the UK cumulatively lost 16,500 millionaires, with influences such as Brexit and the COVID -19 pandemic speculated as major contributing factors. Jan 27, 2025 · The UAE, which has solidified its position as the premier destination for high-net-worth individuals globally in 2024, is on track to repeat the feat in 2025 with projections indicating a major Jun 20, 2024 · UK and China wave goodbye to millionaires Henley's report shows that China is set to lose the most millionaires in 2024, with a net outflow of 15,200. He moved to Dubai, where it's easier for him to blend in. The previous year, there were 72,500 millionaires, 212 centimillionaires and 15 billionaires. Why Millionaires Are Moving to Dubai A Tax Haven That Lets You Keep Your Wealth One of Dubai’s most compelling advantages is zero tax on personal income. With a staggering 87% expatriate population, foreign buyers are the fuel of the market, accounting for at least half of all residential sales. Many of these high-net-worth individuals have relocated to destinations in Asia and North America. Jun 18, 2024 · Read our privacy notice. The trend is carried forward for the year 2025, with Dubai projected to attract 8200 millionaires, outpacing the US, which is expecting only 3200 HNWIs. Sep 26, 2024 · By the end of 2024, approximately 128,000 millionaires are expected to migrate globally, with the UAE and the USA emerging as top destinations. The projected increase in millionaires is currently estimated at about 4%. Nov 20, 2023 · Indian millionaires are among the high-net-worth individuals that are moving to Dubai. Jul 1, 2025 · Key Figures Over 7,100 millionaires expected to arrive in 2025 More than 200 centi-millionaires (net worth > $100m) are relocating UAE's total millionaire population forecast to grow by 12% annually Dubai is now home to 25% of the Middle East’s private wealth This growth has pushed Dubai ahead of even long-established wealth centres. May 15, 2025 · A wave of millionaire migration will bring over AED26 billion to Dubai in 2025, marking a shift from luxury stopover to wealth capital. The city has recorded a 78 per cent growth in its millionaire population over the past 10 years, according to Henley & Partners, which Jun 20, 2024 · Around 4,300 Indian millionaires are expected to migrate out of India in 2024, according to a report by investment migration consultancy Henley & Partners. Why are millionaires moving to Dubai? In 2024, more entrepreneurs and investors are flocking to Dubai than ever before. Apr 23, 2025 · The number of millionaires in the UAE has soared by 98 percent over the past decade, making it the second-fastest growing wealth market worldwide and driving a surge in real estate sales, particularly in Dubai. With 130,500 resident millionaires in the UAE, including 237 centi-millionaires and 20 billionaires, the city has seen a 98 percent surge in its millionaire population over the past decade, according to Betterhomes' 2025 report Jun 26, 2024 · This graphic shows the countries expected to see the highest millionaire migration in 2024, both in terms of net inflows and net outflows. Jun 25, 2024 · By the end of 2024, an estimated 6,700 wealthy migrants are projected to move to the UAE, making it the top destination for millionaires for the third consecutive year. Jun 21, 2024 · The Henley Private Wealth Migration Report 2024 features the latest net inflows and outflows of millionaires (namely, the difference between the number of HNWIs with liquid investable wealth of USD 1 million or more who relocate to and the number who emigrate from a country). Apr 9, 2025 · Discover how Dubai's millionaire count soared to 81,200, marking a 102% growth over a decade and positioning it as a leading global wealth hub. Jun 18, 2025 · The UAE added approximately 13,000 new millionaires in 2024, taking the total number of high-net-worth individuals in the country to 240,343, according to the UBS Global Wealth Report 2025 Jul 15, 2022 · For those with children, there are excellent international schools, and many beaches with water sports, and other leisure activities. Data from Henley & Partners shows the UAE has the largest predicted inflow of millionaires. Sep 18, 2024 · More centi-millionaires will be moving to the UAE between 2024 and 2040 - with Dubai, Abu Dhabi and Sharjah expected to see an increase of more than 150 per cent in the migration of the ultra-rich Jun 18, 2024 · The Henley Private Wealth Migration Report 2024, released today by Henley & Partners, exclusively features the latest net inflows and outflows of millionaires. The Emirates is the top place for high-net-worth individuals (HNWIs) to establish a new home, according to global analytics firm New World Jun 24, 2025 · In 2024, Dubai had an estimated 81,200 millionaires, 237 centimillionaires – whose wealth is in the hundreds of millions – and 20 billionaires, according to the report. Millionaires are leaving the UK faster than any country in the world except China, new data shows, as the rich ditch London for Dubai, Paris and Florida. While both China and the United Kingdom are seeing increases in the number of millionaires leaving their countries, Henley & Partners analysts said the reasons are different. While Australians have long been adventurous travellers and expatriates, this new wave is distinctly shaped by financial strategy, lifestyle aspirations, and global trends in wealth Apr 14, 2025 · Dubai now has 81,200 millionaires, 237 centimillionaires, whose wealth is in the hundreds of millions, and 20 billionaires, according to the data published on April 9, which is for 2024, in US dollars. However, since investment-based migration is Feb 7, 2025 · The report shows that whilst 2024 was a bumper year for the migration of millionaires (individuals with liquid investable wealth of USD 1 million) – with more than 134,000 of the cashed-up trust Oct 22, 2024 · The findings are a follow-up on the 2024 Henley Wealth Migration Dashboard, released in June this year, which predicted that a global 6,700 millionaires and centi-millionaires are expected to move Nov 11, 2025 · Instead, in a move widely criticised, the government shut down the UK Tier 1 Immigrant Investor Program in 2022, thereby eliminating an entry point for millionaires. But what does this mean for prime residential areas such as Emirates Jan 21, 2025 · Almost twice as many millionaires moved to the UAE than to the next most popular country in the past year, data shows. The UAE has mastered the art of attracting wealth—and 2025 is shaping up to be its biggest year yet. Jun 27, 2024 · Why Are Millionaires Moving to Dubai Introduction Have you been noticing an influx of millionaires heading to Dubai this year? You’re not alone. Reports show that 4,300 rich Indians will likely move out of India in 2024, with most heading to Dubai. Jul 2, 2024 · Data shows that the UAE is expected to attract nearly twice as many millionaires as the US, which is projected to receive an inflow of 3,800 millionaires in 2024. Jun 20, 2024 · The latest report, published by Henley & Partners, reveals that an estimated 6,700 millionaires will relocate to the UAE by the end of the year, driven significantly by an influx from the UK and Jun 18, 2025 · Dubai: An additional 13,000 made it to the ranks of UAE’s dollar millionaire resident base in 2024, according to the latest UBS ‘Global wealth Report 2025’, which is an increase of 5. A record 6,700 millionaires are expected to call the UAE home by the end of this year, according to a recent survey by international investment migration advisory May 15, 2025 · This, in turn, is transforming Dubai’s prime real estate landscape. Aug 9, 2024 · The report indicated that approximately 4,300 millionaires are expected to leave India in 2024, with a significant number choosing to relocate to Dubai in the UAE. K. Singapore ranks 3rd again this year with net inflows of 3,500, while Canada and Australia follow in 4th and 5th places with net inflows of 3,200 and 2,500, respectively. The UAE welcomed 6,700 millionaires in 2024 while the UK lost 9,500. Aug 22, 2025 · 2024 saw a historic surge in global millionaire migration, with over 134,000 HNWIs moving across borders to find security and opportunity. May 28, 2025 · Dubai, UAE – In 2024 alone, an estimated 7,200 millionaires have made the move to Dubai, marking a significant moment in the city’s emergence as a global wealth hub. The UAE has solidified its position as the premier destination for high-net-worth individuals globally, with a projected net inflow of over 6,700 millionaires in 2024 — more than any other country in the world. In total Britain lost a net 10,800 millionaires in 2024 Apr 30, 2024 · Dubai's 120 richest families and individuals own $1 trillion in wealth The emirate is home to 68,500 millionaires with at least $1 million in liquid assets and 206 centi-millionaires Jun 19, 2024 · The UAE looks set to take first place as the world’s leading wealth magnet for the third year in a row, with a record-breaking 6,700 high net-worth individuals (HNWI) expected to move to the country by the end of the year, according to a recent report. Apr 9, 2025 · The UAE attracts more migrating millionaires than any other country, according to previous data from Henley & Partners, an investment migration advisory firm. As at the end of December 2024, the total number of dollar millionaires in the UAE stood at 130,500, securing its position as the 14th-largest wealth market globally. Jul 24, 2024 · Henley Private Wealth Migration reports reveal that around 4,300 Indian millionaires will migrate to the UAE in 2024 owing to the country's benefits. For the UAE leads in attracting millionaires with record 6,700 expected in 2024, drawn by golden visas, low taxes, luxury lifestyle, and strategic location, surpassing the US and other top destinations. This forecast positions India as having the third-highest net outflow of millionaires after China and the United Kingdom, with projected losses of 15,200 and 9,500 millionaires, respectively. Discover why global wealth is migrating here. Among the standout revelations is the fact that the United Arab Emirates (UAE), and specifically Dubai, has emerged as the world’s top destination for millionaire migration. Jun 20, 2024 · 4,300 millionaires likely to move out of India in 2024, UAE top destination Approximately 128,000 of the world's millionaires are projected to migrate to a new country in 2024, with the UAE and the USA topping the list of destinations. 1 day ago · In 2024 alone, the UK recorded a net loss of 10,800 millionaires. Jan 9, 2025 · A striking new report on high-net-worth individual (HNWI) movements for 2024 reveals global shifts in millionaire populations, with the United Arab Emirates (UAE) as top destinations, while China witness significant outflows. Jun 24, 2025 · With the largest voluntary transfer of private capital in modern history underway, here are the countries winning and losing the wealth migration game. The Private Capital Report from global property consultancy Knight Frank revealed that high-net-worth individuals (HNWIs) from across the globe are being drawn to the UAE by its fiscal Mar 28, 2025 · The Henley & Partners Private Wealth Migration Report 2024 paints a compelling picture of the global movement of high-net-worth individuals (HNWIs). Nov 21, 2025 · A huge 257,000 Britons left the UK in 2024—over triple previous estimates. Many HNWIs are relocating to tax-friendly destinations like Dubai, drawn by its favourable business environment and opulent lifestyle. Jan 29, 2025 · With more millionaires moving in, expect to see even more high-end real estate developments, luxury businesses, and investment opportunities popping up. Dec 5, 2024 · Discover why high-net-worth Britons are moving to Dubai in 2024. Apr 9, 2025 · Look: Top 20 richest cities ranked by millionaires, Dubai moves up the charts According to the report, Dubai welcomed 8,700 new millionaires in 2024 alone Highest millionaire loss: China China is projected to have the single largest exodus of millionaires in 2024 — with a projected 15,200 individuals moving to other countries. The top destination cities for millionaires leaving the UK in 2024/2025 are expected to include Paris, Dubai, Amsterdam, Monaco, Geneva, Sydney, and Singapore, as well as retirement hotspots such as Florida, the Algarve, Malta, and the Italian Riviera. Among them, British investors have emerged as a dominant force. The UAE has become the top choice for very wealthy people. That compares to 72,500 millionaires, 212 centimillionaires and 15 billionaires in 2023. Jun 20, 2024 · Singapore (3,500 in 2024), Canada (3,200 in 2024) and Australia (2,500 in 2024) round up the Top 5 for net millionaire inflows. Apr 22, 2025 · The UAE, with Dubai at the forefront, has capitalised on this trend with remarkable acumen, positioning itself at the crossroads of wealth flows between East and West. Jan 21, 2025 · The UAE is reinforcing its status as a magnet for the super-wealthy, with thousands of millionaires migrating to the country in 2024, a wealth report will say. May 14, 2025 · Dubai: Dubai is on the cusp of a record influx of wealth in 2025, with as many as 7,100 new millionaires expected to relocate to the city, bringing over $7 billion (Dh26 billion) in fresh capital. Jan 14, 2025 · The UAE: A Prime Destination for Global Wealth in 2024 The report for the year 2024 declares the UAE as the leading favorite nation for migrating millionaires with a net HNWI inflow of 6,700. Dubai attracted 6,700 millionaires in 2024 with tax-free living, Golden Visas, and luxury real estate. Data shows that in 2024, UK nationals May 16, 2025 · A new report has revealed that 6,700 millionaires moved to the UAE in 2024, making it one of the top destinations for wealthy individuals worldwide. This figure highlights the UAE’s ability to attract funds and ambitious people from all over the globe. 2. Jun 24, 2024 · The UAE is exceeding the expectations of high-net-worth individuals who are moving to the country, new residents have told The National. In the Middle East, Dubai ranks as the top city for UHNWI wealth, followed by Tel Aviv, Israel. The UK is expected to see an unprecedented net loss of 9,500 millionaires in 2024 — second only to China worldwide, and more than double the 4,200 who left the country last year, which was itself record-breaking following the exodus of 1,600 high-net-worth individuals (HNWIs) in 2022. Jun 19, 2024 · In 2024, the UAE will attract nearly twice as many millionaires as its nearest rival, the U. 8% from May 15, 2025 · The UAE emerged as the top destination for high-net-worth individuals in 2024, drawing 6,700 millionaires with its golden visas, tax perks, and luxury lifestyle. Apr 9, 2025 · Dubai recorded a 102 percent growth in the number of millionaires between 2014 and 2024, ranking this year the 18th city on the list of the Top 50 Cities for Millionaires. Early forecasts suggest this number will rise to . Discover why 4,300 Indian millionaires are migrating to the UAE in 2024. Taking the top spot of wealthiest city is New York Mar 18, 2025 · The Great British Shift: Why More UK Buyers Are Moving to Dubai It is no overstatement to say the UAE is one of the world’s most diverse countries. Explore tax benefits, business opportunities, and a luxury lifestyle in the UAE. Jun 18, 2024 · Dubai: For the third consecutive year, the UAE is set to take first place as the world’s leading wealth magnet, with 6,700 wealthy migrants set to make the country their home by 2024’s end The UAE is set to remain the top destination for migrating millionaires in 2024, attracting wealthy individuals globally for the third consecutive year. Jun 19, 2024 · A record 128,000 millionaires are expected to move countries in 2024, according to a new report. S. Jun 30, 2025 · The UAE is set to attract 9,800 millionaires in 2025 ,reports say At least 9,800, Millionaires moved to the UAE in 2025 Dubai and Abu Dhabi are rapidly becoming the new centres of global wealth Oct 18, 2024 · Why Millionaires Are Moving to Dubai in 2025 One of the primary reasons why millionaires are moving to the UAE or Dubai is the Golden Visa Dubai for millionaires, which offers long-term residency to investors, entrepreneurs, and individuals with significant wealth. , which the report expects to benefit from a net inflow of 3,800 millionaires in 2024. Apr 8, 2025 · The US continues to dominate, with 11 cities on the Top 50 Cities for Millionaires list in the latest World’s Wealthiest Cities Report 2025 ranking. A new report from real estate brokerage Betterhomes reveals that Dubai is becoming a prime destination for high-net-worth individuals seeking long-term investment and residence. Jan 9, 2025 · Wealth migration: Why 142,000 millionaires are likely to relocate in 2025 In 2024, 134,000 high-net-worth individuals relocated and established new domiciles worldwide, driven by robust inflows to the UAE, USA, and Italy UAE continues as the top global magnet for millionaires in 2024, expecting over 6,700 high-net-worth individuals, drawn by its zero income tax, golden visa, and luxury lifestyle, outpacing major rivals like the US. In 2024, 6,700 millionaires relocated to the UAE. The top countries and territories gaining and losing millionaires in 2023 Sources: New World Wealth in the Henley Private Wealth Migration Report 2024 Common reasons why millionaires move High-net-worth families choose to relocate for a range of reasons, including: Safety and security Financial concerns Taxes and retirement Work and business Nov 1, 2024 · Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad. Jul 30, 2024 · But it's important to note that the U. In comparison, the previous year saw a smaller yet significant loss of 4,200. Jun 19, 2025 · The scale of millionaire migration to Dubai is staggering, with numbers currently at a record high, surpassing previous records of 128,000 millionaires in 2024 and 120,000 in 2023. Jun 19, 2024 · China is projected to have the single largest exodus of millionaires in 2024 — with a projected 15,200 individuals moving to other countries. Almost twice as many millionaires moved to Dubai than to the next most popular country, the United States. The city also takes the prize for the biggest climber in the top 50 over the past year, moving from 21st to 18th place. The Henley Private Wealth Migration Report 2024, released today by international investment migration advisory firm Henley & Partners, tracks May 7, 2024 · Dubai is home to the Middle East's highest concentration of resident millionaires at 72,500 and ranked as the 21st wealthiest city in the world, a report has found. This blog explores wealth migration and how it is changing global business. As projections indicate an even larger influx in 2025, particularly in Dubai, the luxury real estate market is poised for another record-breaking year. But what exactly is drawing them to this desert metropolis? This blog aims to uncover the reasons behind this trend, providing Oct 1, 2024 · The great escape from high-tax regimes United Kingdom In 2024, the United Kingdom has seen a significant outflow of millionaires, with many seeking refuge from high taxes and economic uncertainty. New ONS data reveals why many are relocating and what the shift means for the country. Dubai attracts centi-millionaires with its stability, tax benefits, and DIFC's support for inter-generational wealth preservation, ensuring long-term family success. Jun 18, 2024 · More than 6,700 millionaires will relocate to the UAE this year, putting the Emirates at the top of all the countries in attracting the highest number of high-net-worth individuals, according to May 15, 2025 · In 2024, around 6,700 millionaires moved to the United Arab Emirates, marking a notable increase in the influx of international wealth to Dubai. Dec 27, 2024 · UAE: The Global Magnet for Millionaire Migration – Learn why 6,700 millionaires moved to Dubai & Ajman in 2024 and explore real estate trends. Jun 19, 2024 · Indian millionaires leaving their own country, shifting to THIS country: Wealth Migration Report 2024 The report mentioned that in 2023 around 5,100 Indian millionaires relocated abroad. The average growth in millionaires in the decade from 2013 to 2023 for the Top 15 wealthiest countries (W15) in Henley Feb 24, 2025 · The UAE has firmly established itself as the world's top destination for high-net-worth individuals (HNWIs), with over 6,700 millionaires relocating to the country in 2024. Aug 20, 2025 · 10,000 millionaires expected to move to Dubai this year As of December 2024, Dubai counts 81,200 resident millionaires, contributing to the UAE’s total of 130,500 millionaires Dubai has changed from a luxury stopover to a global stronghold for high-net-worth individuals (HNWIs), anchoring long-term wealth and entrepreneurial ecosystems. 's large millionaire population – the third-highest in the world – includes many foreign residents from places like Russia, the Middle East and elsewhere. This should not come as a surprise, as the UAE has been a top contender in attracting private capital and talent for quite some time. More than 10,000 millionaires left Britain last year, partly to avoid higher taxes – with many quitting for more glamorous destinations. Jun 18, 2025 · Middle East News: In 2024, the UAE added 13,000 new millionaires, a 5. Get the inside scoop on the UAE's appeal to Indian millionaires. 8% increase, making it the second-fastest growing millionaire market globally. Find out why 4,300 are making the move in 2024. Jun 3, 2025 · Why So Many Australian Millionaires Are Moving to Dubai and Abu Dhabi In recent years, an increasingly noticeable trend has emerged. Apr 22, 2025 · UAE attracts over 7,000 millionaires in 2024; 53 per cent increase from 2023 The majority — 31% — of millionaires who relocated to the UAE came from India, followed by the Middle East (20% Nov 6, 2024 · With the rise of high-net-worth individuals, Dubai and Abu Dhabi solidify the UAE’s status as a global tech and wealth hub, attracting thousands of millionaires in 2024. Nov 23, 2023 · As many as 1,500 millionaires have relocated from the UK to Dubai in the past 10 years while hundreds of more will relocate this year as the emirate continues to maintain its appeal as an Apr 11, 2025 · London is witnessing a mass departure of its millionaire residents, with over 11,000 leaving the city in 2024 alone. It's not uncommon for multi-millionaires to have their yachts parked at various locations such as Jumeira Bay and Dubai Marina. A rising number of Australian millionaires are moving to Dubai and Abu Dhabi. May 8, 2024 · But there’s still a way to go before Dubai ranks within the top 10 cities in terms of millionaire population (currently, it’s ranked 21st). Explore the factors behind this wealth influx Jun 17, 2023 · The agenda has 100 transformational projects, which include launching Dubai's plan for green and sustainable manufacturing, integrating 65,000 young Emiratis into the job market, as well as Jul 9, 2025 · The city has jumped to 18th place in the global wealth rankings In 2024 alone, 6,700 millionaires moved to the UAE Dubai now has 237 centimillionaires and 20 billionaires London lost over 11,000 millionaires in 2024, driven by rising taxes and political shifts Dubai’s tax-free structure makes it uniquely attractive to international investors Apr 15, 2025 · The World’s Wealthiest Cities Report 2025, conducted by New World Wealth for Henley & Partners shows that as of 2024 and with the wealth calculated in dollars, Dubai is home to 81,200 Jun 19, 2024 · A record-breaking 128,000 millionaires are expected to relocate in 2024, according to the Henley Private Wealth Migration Report. About 142,000 individuals with liquid investable wealth equal to, or exceeding $1 million (€ 975K) are projected to seek new domiciles. rzbwdwf jkb wywydqc kxhnu xqt cnir mscj wpws umfkco qiwcny zui fdpzt eabc ekib tdkdyx