- Dubai has been named the most accommodating city for high-net-worth individuals, overtaking New York in a new global ranking.
- The study, conducted by real estate broker Savills Plc, highlights the emirate’s significant appeal to the world’s wealthiest.
- Key drivers for Dubai’s top spot include its zero-tax policies on inheritance, capital gains, and wealth.
- Strong family infrastructure and high levels of security were also cited as major attractions for affluent movers.
Dubai Crowned the Ultimate Destination for the Global Elite
In a stunning shift in global wealth dynamics, Dubai has officially surpassed New York City as the most desirable location for the world’s rich. According to new research by renowned real estate broker Savills Plc, the emirate is now the premier destination for high-net-worth individuals seeking a blend of financial advantage and high-quality living.
The comprehensive study, which ranked 30 global cities based on their appeal to the wealthy, confirms a trend that many have observed for years: a massive influx of affluent individuals and families choosing Dubai as their home base. The city’s strategic policies and world-class amenities have created an environment that is unmatched in its accommodation of the global elite.
The Irresistible Allure of a Tax-Free Haven
At the core of Dubai’s appeal is its highly favorable tax regime. For the ultra-wealthy, preserving capital is paramount, and the emirate offers a financial landscape that is virtually impossible to beat. Savills’ report specifically points to several key advantages:
- Zero Inheritance Tax: Ensuring that wealth can be passed down through generations without government levies.
- Zero Capital Gains Tax: Allowing investors to realize the full profits from their assets.
- Zero Wealth Tax: Preventing the annual erosion of net worth that occurs in many other global hubs.
These tax benefits create a powerful incentive, drawing a continuous stream of wealthy individuals who are looking to protect and grow their fortunes in a stable and predictable economic environment.
More Than Just Money: Security and Lifestyle
A Secure and Family-Friendly Environment
While financial incentives are a major draw, Savills’ research emphasizes that Dubai’s appeal extends far beyond its tax policies. The city is renowned for its exceptional levels of security, offering a safe and stable environment for families. This peace of mind is a priceless commodity for high-net-worth individuals, who often prioritize safety above all else.
World-Class Infrastructure
Furthermore, the report highlights Dubai’s “strong family infrastructure.” This encompasses everything from top-tier international schools and cutting-edge healthcare facilities to luxurious residential communities and unparalleled recreational opportunities. The city has meticulously built an ecosystem designed to cater to every need of its affluent residents, making the decision to relocate an easy one for many.
A New World Order
Dubai’s ascent to the top of the rankings signals a broader shift in where the world’s wealthy choose to live, work, and invest. By displacing a long-standing financial capital like New York, Dubai has solidified its status not just as a regional powerhouse, but as the undisputed global leader in catering to the elite. The combination of financial freedom, security, and an exceptional lifestyle has created a winning formula that other cities will struggle to replicate.
Image Referance: https://www.bloomberg.com/news/articles/2025-11-07/dubai-tops-new-york-as-best-spot-for-global-elite-rankings-show