Why More Wealthy Europeans Are Moving to Dubai
An increasing number of affluent Europeans – including Germans, Britons, and the French – are choosing to leave their home countries. With rising taxes, economic stagnation, and political uncertainty affecting Europe, Dubai is emerging as a top destination for high-net-worth individuals seeking financial security and a better quality of life.
A recent study by Arton Capital reveals that 37% of German millionaires are considering emigration, mirroring trends in the UK and France. Wealthy families and entrepreneurs are not only looking for lucrative investment opportunities but also a stable and secure place to call home.
Dubai offers exactly that: a tax-friendly environment, political stability, world-class infrastructure, and an exceptional lifestyle. As a result, the city is becoming one of the most desirable locations for wealthy Europeans planning for the future.
Dubai becomes the top destination for wealthy expats
Traditionally, wealthy Europeans have mainly moved to Canada, Australia or the USA – countries that have been considered safe havens for investors and entrepreneurs for decades. However, recent data reveals a significant shift: the United Arab Emirates (UAE) is rapidly rising in popularity among high-net-worth individuals.
While 29% of millionaires considering emigration still prefer Canada, followed by 22% for Australia and 16% for the USA, the UAE has now captured 11% of this elite group – a remarkable surge. Among UAE cities, Dubai stands out as the premier destination for wealthy families seeking stability, security, and entrepreneurial freedom.
The numbers speak for themselves: Dubai is home to over 200 centi-millionaires (individuals with a net worth exceeding $100 million), ranking it among the top 15 cities worldwide for ultra-high-net-worth individuals (UHNWI).
Beyond its tax advantages and investment opportunities, Dubai offers a world-class lifestyle, featuring cutting-edge infrastructure, a high standard of living, and a thriving business environment – making it the ultimate hub for wealthy expats.
Why Wealthy Europeans Are Emigrating: Key Reasons
The migration of high-net-worth individuals from Germany, the UK, France, and other European countries is not just a short-term trend – it is a direct response to growing challenges across the continent. According to a study by Arton Capital, several key factors are driving this shift:
- Political uncertainty: Increasing polarization in Germany, social unrest in France, and the economic fallout of Brexit in the UK are pushing wealthy individuals to seek stability elsewhere.
- Rising tax burden: Discussions about higher wealth taxes in France and Germany, along with the prospect of stricter regulations for wealthy residents in the UK, are making Europe less attractive.
- Economic stagnation: Many entrepreneurs and investors see limited long-term growth opportunities in Europe.
- Security concerns: Rising crime rates in major European cities are a growing issue, particularly for families seeking a safer environment.
Dubai, on the other hand, offers political stability, economic dynamism, and a secure environment for both families and businesses. While Europe imposes increasing barriers for investors, the UAE provides a business-friendly ecosystem that attracts high-net-worth individuals and ensures long-term financial and personal security.
Golden Visa & tax benefits: Why Dubai is becoming increasingly attractive
One of the key reasons behind Dubai’s rising appeal is its Golden Visa program. While traditional safe havens like Switzerland and Singapore impose strict residency requirements, the UAE offers a more accessible pathway for wealthy investors, entrepreneurs, and professionals. In many cases, a long-term residence permit can be obtained simply by purchasing property (see article Golden Visa for Real Estate Investors)
However, it’s not just Dubai’s streamlined immigration policies that make it attractive – its tax advantages are a major draw:
- No income tax – a stark contrast to Europe, where wealth and capital gains taxes continue to rise.
- Business-friendly environment – easy company formation with 100% foreign ownership in many sectors.
- No inheritance or capital gains tax – a significant benefit for entrepreneurs and investors looking to preserve their wealth.
While many European countries impose increasing financial burdens on high-net-worth individuals, Dubai prioritizes growth and prosperity – making it an ever-more attractive destination for expatriates.
Dubai’s Real Estate Boom: High-quality homes are more in demand than ever
The influx of wealthy expats from Europe and beyond is reshaping Dubai’s real estate market. Investors, entrepreneurs, professionals, and families increasingly see the city as a secure haven and a thriving business hub—driving demand for high-end villas and luxury apartments.
Buyers prioritize comfort, premium construction quality, and an exceptional lifestyle. While spacious, high-quality properties are common in parts of Europe, they require a targeted search and significant investment in Dubai.
Key real estate trends in Dubai:
- Soaring Demand for villas: With more families relocating to Dubai for its safety, top-tier education, and tax benefits, the market for spacious, well-appointed villas is tightening. Those seeking large outdoor areas and high-quality interiors need to act early.
- Premium Quality comes at a price: Buyers expecting European standards in construction, design and workmanship, must invest in the premium or high-end segment.
- Limited availability of large apartments: While 4- or 5-bedroom apartments with expansive floor plans are common in Europe, they are rare in Dubai, particularly in the mid-range price segment.
With demand surging and property prices on the rise, investors who act now can capitalize on a rare opportunity. The limited availability of villas and spacious, high-quality apartments is set to further drive up values, promising strong returns. But it’s not just investors who should take notice – homebuyers looking for premium properties at competitive prices should secure their spot in the market before availability tightens further.
Nevari Capital: Highest quality living for discerning European buyers
The growing influx of wealthy expats from Europe is reshaping Dubai’s real estate market. Buyers from Germany, the UK, and France are not just looking for an investment – they seek a home that meets the highest standards of quality, comfort, and longevity.
At Nevari Capital, we specialize in premium real estate that caters to the refined expectations of European buyers. From day one, we have been highly selective in our projects, ensuring that each property reflects exceptional craftsmanship, spacious layouts, and top-tier materials. Unlike other markets, European homebuyers prioritize durability, intelligent design, and long-term value – elements we integrate into every property we offer.
In Dubai’s fast-paced market, true quality is rare – but that’s exactly what we deliver. Our focus is on architecturally stunning, high-quality residences that provide a genuine sense of home for discerning buyers.
Are you looking for a luxury property in Dubai that meets your high standards? Contact us today for personalized advice and access to exclusive real estate opportunities!
FAQs - Frequently asked questions about buying real estate and living in Dubai
Dubai offers a unique combination of economic stability, tax advantages, high security, and world-class infrastructure – making it an ideal destination for affluent families. Many wealthy families from Germany, the UK, France, and other European countries are not just seeking investment opportunities in Dubai, but also a new home with long-term growth prospects and a high quality of life.
Dubai offers significant tax benefits for real estate buyers, including no income tax, no capital gains tax, and no inheritance tax. These tax advantages make it an appealing choice for wealthy investors and entrepreneurs, especially those looking to relocate from Europe. Additionally, Dubai’s business-friendly regulations attract many European entrepreneurs who choose the city as their tax domicile.
Yes, high-quality properties in prime locations in Dubai have consistently proven to be profitable investments. The demand for homes continues to grow steadily, and selecting the right property will be crucial for future returns. Nevari Capital predicts that investments in villas and the premium segment will yield the highest returns. Additionally, Dubai’s highly regulated real estate market and modern property rights for foreign buyers provide a secure investment environment.
At Nevari Capital, we prioritize exceptional quality and a selective approach to choosing projects. European buyers often have high expectations when it comes to construction quality, living comfort, and sustainability—and we specialize in meeting these demands. We provide tailor-made advice and offer exclusive properties that align with the unique requirements of our discerning clients.
In Dubai, large apartments with four or more bedrooms are rare, making villas a popular choice for families. Many families prefer villas with spacious living areas, private gardens, and high-quality construction. As more wealthy expats choose to make Dubai their long-term home, the demand for villas continues to grow significantly.
Yes, in designated freehold areas, foreigners can purchase real estate with full ownership rights. Additionally, the Golden Visa program offers long-term residence permits for property buyers who meet a specific investment threshold.
The right property depends on your individual needs and lifestyle. At Nevari Capital, we specialize in helping you find the perfect property, whether it’s a villa with top-quality standards or an exclusive apartment in a prime location.
