UAE Expected To Attract 9,800 Millionaires This Year

The UAE is expected to witness a net inflow of 9,800 millionaires in 2025. According to the Henley Private Wealth Migration Report 2025, the country is estimated to attract $63 billion in wealth due to the migration of millionaires. The top destinations for millionaire migration also include the USA, Italy, and Switzerland.

The recently published report noted that the UAE has evolved into a global wealth hub through comprehensive policy innovation. Beyond its welcoming immigration policy, the UAE's appeal stems from various other factors, including zero income tax, world-class infrastructure and political stability. "The UAE’s success reflects more than visa policy alone — it represents a holistic approach to wealth attraction encompassing lifestyle, business environment, and strategic positioning," the report added.

In 2025, 142,000 millionaires are expected to relocate across borders. This record high is projected to climb to 165,000 by 2026. On the other hand, the United Kingdom is projected to see a net loss of 16,500 high-net-worth individuals, collectively holding an estimated GBP 66 billion in liquid investable assets.