According to the Henley & Partners index, Dubai is one of the world’s most attractive investment destinations. Several programs have been launched in the United Arab Emirates to simplify obtaining a residence permit to increase investor loyalty. There are several reasons to invest:
- High standard of living. The active development of the economy attracts foreign investors.
- Profitable taxation system. There is no need to pay taxes for ownership, as well as when renting out real estate.
- Simplified scheme for obtaining a visa when investing in residential real estate.
In the ranking of emirates, the UAE ranks 11th in popularity among wealthy foreign investors who want to obtain a residence permit. In total, there are 25 largest megacities in the world in the list.
The cities with investment migration programs took part in the analytical study. The study assessed the taxation system, the development of the economy and social services, the level of education, and economic stability. London, New York, and Sydney take first place.