The water remain magnet for the world millionaires Blogging Sole

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

Islamabad: The United Arab Emirates (Water) remain the main global destination for millionaires, driven by generous tax policies that include zero income, capital gains and successions on successions. These incentives have made water a leading choice for individuals with high shuttle (HNWIS), especially in countries with wealth taxes, such as several in the European Union.

At the end of 2024, the water housed more than 130,000 million millionaires, including 325 centils and 28 billionaires, with total private wealth estimated at $ 785 billion. The Dubai International Financial Center (DIFC) alone oversees $ 450 billion in private assets, while the ADGM of Abu Dhabi welcomes hundreds of global funds and wealth managers. \ \

The year 2024 saw around 6,700 to 7,200 million millionaires moving to water, which reports about $ 7 billion in cool capital. However, according to Khaleej timesThe United Arab Emirates should attract the greatest number of high -value individuals in 2025, with more than 9,800 moving to the Emirates.

As part of the last scenario, according to The Gulf News, a new analysis of the Dubai Chamber of Commerce revealed that companies belonging to Indians were at the top of the list of non -emiratic companies joining the Chamber in Qi 2025.

In total, 4,543 new members of India joined during the three-month period representing growth from one year to another (annual shift) of 4.4% and underlying the vital economic role played by Indian companies as the largest Foreign Affairs community in Dubai.

Pakistan followed in second place with 2,154 new companies registering 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 Henley & Partners’ study published by the International Consulting Consulting Consulting on Investments Henley & Partners and the World Intelligence Company for Wealth New World Wealth, water should attract $ 63 billion (231 billion dirhams) in wealth due to the migration of millionaires in 2025.

The millionaire migration to the water almost doubled, from 98% in 2014 to 2024, he said. “The United Arab Emirates retain its crown as a first richness of wealth in the world, with a net record of more than 9,800 relocated millionaires expected this year – more than 2,000 United States in second place,” said the World Society of Residence and Citizenship.

The number of millionaires with assets of more than $ 1 million in water should increase to 130,500, while the population of centimeters with assets exceeding $ 100 million should reach $ 325. The water will house 28 billionaires.

Up to 17,000 Pakistani players bought 23,000 properties worth $ 11 billion in Dubai by 2024. Pakistani assets are the second nationality investment in Dubai after the Indians. In 2025, the total property held by the Pakistanis must be estimated at around 10.6 to 11 billion dollars.

About 47,000 companies belonging to Pakistan are registered with water, including 8,000 new founded in just one year. Pakistan ranked among the main sources of MNWIS migrating to the United Arab Emirates – one of the 4,500 new millionaire migrants in 2023.

The data also reveals that in 2022, India has lost around 8,000 millionaires worldwide, water by earning around 4,000. Indian millionaires have migrated to waves water – around 4,000 to 8,000 per year – pulled by a free life, an easy commercial configuration and a lifestyle.

The Pakistani HNWIS, although they are not counted separately, are major investors in real estate and water companies and have joined similar migration trends for reasons of economic stability and investment opportunities.

In 2023, the Henley report provides that India would lose 6,500 HNWIS, which mainly migrated to destinations like Dubai and Singapore. For 2024, around 4,300 Indian millionaires moved, with 31% of the 7,200 new HNWIs from the United Arab Emirates from India.

He said that the golden visa options have also “strengthened the position of the United Arab Emirates as one of the most sought -after Wealth Haven in the world”. Globally, a record of 142,000 millionaires is expected to move internationally this year, the United Kingdom is expected to see the largest net of people with high content (HNWIS) by any country in the past 10 years.

The study noted that the United Kingdom is expected to lose 16,500 amazing millionaires in 2025-more than double the 7,800 net planned outings in China, which is classified second this year after having dominated the millionaire-loser classification each year in the past decade.

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