Elon Musk Highlights Dubai’s Success In Attracting 6,700 Millionaires
Elon Musk, the US Billionaire and CEO of Tesla said, “Dubai is winning.” He commented in response to reports that millionaires are migrating from the UK.
By 2024, the UAE is likely to see a record net addition of 6,700 millionaires from around the world, mostly coming from the UK and Europe, based on the Henley Private Wealth Migration report released in June. Dubai is considered second on the list, The US is ranked on the top as it is expected to welcome a net inflow of 3800 millionaires.
Dubai has proved its worth. It attracts all sorts of people from all over the world. Home-seekers and professionals are not the only ones who migrate to Dubai but millionaires are also fascinated by Dubai’s growth, development and unparalleled attractions.
The report highlighted, “With its zero income tax, golden visas, luxury lifestyle, and strategic location, the UAE has entrenched itself as the world’s number one destination for migrating millionaires.”
Dubai’s government facilitates investors and develops policies that resonate with the investors’ interests. Policies such as the golden visa program, zero income tax, a luxurious lifestyle, strategic location, development status and high-end amenities and facilities attract local and foreign investors and people who aim to live a deluxe lifestyle.
