Dubai’s Evolving Appeal in the Global Talent Migration Race

As global mobility trends shift, Dubai emerges as a top choice for wealthy families. Its focus on education, healthcare, and safety, combined with favorable investment conditions, positions it as a leading relocation hotspot, aiming to double its economy by 2033.

Focus
Updated26 Jun 2025, 07:49 PM IST
Dubai emerges as a top choice for wealthy families.
Dubai emerges as a top choice for wealthy families.

As global mobility patterns shift from capital arbitrage to quality-of-life-driven decisions, Dubai is emerging as a preferred long-term base for high-net-worth individuals (HNWIs) and their families. With over 128,000 millionaires relocating globally in 2024—according to the Wealth-migration-report-2024/global-wealth-migration">Henley Private Wealth Migration Report—and 19% of UHNWIs actively seeking second residencies for their families (Knight Frank, 2024), the global wealth migration story is now deeply entwined with education, healthcare, and security.

Dubai’s model focuses on combining access with stability. Through policy initiatives, flexible visa options, and investments in infrastructure, the city aims to provide a supportive environment for families and long-term opportunities.

A Strategic Shift: From Individuals to Integrated Families

According to a 2024 Fuel50 survey, 85% of global HR leaders say talent retention is their top strategic priority. But increasingly, it's not just about attracting individuals — it's about offering entire families a place to grow and thrive. For HNWIs, migration decisions are no longer driven solely by financial returns, but by broader life outcomes: where can children attend top-tier schools, where can families access world-class healthcare, and where can safety be taken for granted?

Dubai has answered this shift by reimagining itself as a “city of permanence” — where business opportunity meets family-friendly policy. Its Golden Visa program, high safety rankings, and inclusive residency pathways are tailored not just for wealth creators but for their dependents and future generations. It’s a migration strategy built on continuity and community.

Aligning Infrastructure with Long-Term Goals

The D33 Agenda encapsulates Dubai’s future-forward ambitions: to double its economy by 2033 and become one of the top three global cities for business and lifestyle. The emirate has already demonstrated strong momentum, recording AED 52.3 billion in foreign direct investment in 2024, with significant allocations to innovation sectors, including AI and fintech.

Education is another cornerstone. Dubai now hosts over 220 private schools offering 17 international curricula, as well as more than 25 international universities. Healthcare mirrors this depth, with over 3,900 medical facilities, digital health infrastructure like NABIDH, and growing traction in medical tourism.

This combination of public-private investment, global benchmarking, and multicultural openness has helped position Dubai as a relocation hotspot, not just for executives, but for the people they bring with them.

Stability and Scale as Key Differentiators

Dubai’s appeal also stems from its social stability. It was ranked 3rd globally in Numbeo’s 2025 safety index, ahead of Paris, London, and New York. It is supported by strict law enforcement, low crime, and high levels of public trust. For families arriving from more volatile markets, this assurance is invaluable.

Economic fundamentals further underscore the emirate’s resilience. Dubai attracted an estimated AED 52.3 billion (USD 14.24 billion) in FDI in 2024, marking a 33% increase from AED 39.26 billion in 2023. In real estate, price appreciation neared 20% year-on-yearGDP growth of 3.1% in the first nine months of 2024 signals a robust, diversified recovery, powered by tourism, trade, logistics, and financial services.

In parallel, Dubai’s tax structure remains investor-friendly: 0% personal income tax, 0% capital gains tax, and a tiered 9% corporate tax that excludes incomes below AED 375,000. For globally mobile families, this offers a transparent and efficient wealth management environment.

A Vision for the Future: Building with Intention

While many cities compete on incentives, Dubai is competing on integration — offering an ecosystem where families can access opportunity without sacrificing quality of life. Its vision is long-term: by 2033, it aims to create an economic environment valued at AED 32 trillion — a scale reflective not just of ambition, but of inclusivity and strategic foresight.

As the global mobility narrative moves from relocation to rootedness, Dubai’s pitch is clear: it is not just a place to grow wealth, but a place to grow a life. In the words of its positioning, it’s where community and opportunity unite to create enduring legacies.

Note to the Reader: This article is a promotional feature and does not have journalistic/editorial involvement of Mint. Mint does not endorse/subscribe to the content(s) of the article/advertisement and/or views (s) expressed herein. Mint shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also concerning the view(s), opinion(s), announcement(s), declaration(s), affirmation(s), etc., stated/featured in the same. The article does not constitute financial advice.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsFocusDubai’s Evolving Appeal in the Global Talent Migration Race
MoreLess