World's millionaires moving to Dubai for safety, luxury and tax benefits

According to New World Wealth, a research firm that tracks the wealth and movements of millionaires, multi-millionaires and billionaires globally, Dubai’s population of high-net-worth individuals (HNWIs), rose to 54,000 in June 2021, up from 52,000 in December 2020. Overall wealth inflow in Dubai was seen to have grown by Dh143 billion to nearly Dh2 trillion.

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