The Land of the Rich: UAE claims 5th in attracting the wealthy

The Land of the Rich: UAE claims 5th in attracting the wealthy

Published On: May 18th, 2019

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Due to the hefty number of wealthy people moving to settle in UAE in 2018, the nation managed to claim the 5th place worldwide in terms of attracting the wealthy; surpassing in the process France, Turkey, India, Russia and China.

With this title, UAE asserts its place as a worthy destination for capital and high-net worth individuals, especially as it acts as a global hub for investment and financial development.

According to a study published by New World Wealth, UAE has been the destination of choice to 2000 millionaires in 2018, hence landing the country at the top 5 list of destinations that attracts wealthy inflows.

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