The continues its remarkable ascent as a global wealth hub, with 2025 projected to mark yet another record-breaking year. According to the Henley Private Wealth Migration Report 2025, the UAE is set to welcome 9,800 new millionaires this year, the highest inflow of high-net-worth individuals globally.
This influx is estimated to bring in a staggering $63 billion in private wealth, reaffirming the nation’s position at the top of the global wealth migration leaderboard.
Over the past decade, the UAE has witnessed a 98% surge in its millionaire population a testament to the country’s investor-friendly climate, tax-free incentives, and progressive residency programs like the Golden Visa. Dubai, in particular, has emerged as a preferred base for wealthy individuals from the UK, India, Russia, Southeast Asia, and Africa, offering both economic opportunity and an unmatched lifestyle.
The UAE’s appeal stands in sharp contrast to trends in traditional financial powerhouses. The UK, once a magnet for global capital, is expected to see a net outflow of 16,500 millionaires in 2025 the highest ever recorded by Henley & Partners since tracking began. Recent tax reforms and growing concerns over political and economic stability are prompting many British HNWIs to relocate to more favourable jurisdictions, including the UAE, Monaco, Malta, and Southern Europe.
Globally, a record 142,000 millionaires are expected to migrate this year. The United States will attract 7,500 of them, making it the second-largest wealth destination after the UAE. Italy ranks third with an expected inflow of 3,600 new millionaires. Meanwhile, countries such as China, South Korea, Vietnam, and Pakistan continue to see steady outflows of their wealthy citizens—many of whom are relocating to the UAE in search of a more secure and rewarding investment environment.
Southern Europe is also emerging as a major beneficiary of wealth migration. Nations like Italy, Portugal, and Greece are seeing record inflows of millionaires, thanks to their lifestyle offerings, investor visas, and tax incentives. Switzerland, long a bastion of financial stability, is set to attract 3,000 new HNWIs this year alone.
Beyond Europe and the Middle East, Thailand is positioning itself as Southeast Asia’s rising wealth haven. Bangkok’s expanding high-end property market and international school network are drawing affluent individuals from across the region, particularly from China, South Korea, and Vietnam.
The Road Ahead
For the UAE, the convergence of favorable tax policies and visionary governance continues to drive long-term momentum. With its strategic location and commitment to innovation, the country is not only attracting private wealth but also positioning itself as a central player in the future of global investment migration.
Real estate lies at the heart of this vision. For those considering when to invest, diversify, or re-enter the market, now may mark the start of a rare, once-in-a-decade opportunity.
The indicators are clear. The upward trend is undeniable. And One Investments is strategically placed to help investors take full advantage of this moment.
