UAE's Golden Visa: A Magnet for Millionaires
The United Arab Emirates (UAE), particularly Dubai, has become a focal point for millionaire migration in 2025. The country's golden visa program is a standout factor in this trend, offering long-term residency options that appeal to high-net-worth individuals. With a zero-income tax policy and strategic location, the UAE provides both financial and lifestyle incentives for relocation.
Record Millionaire Migration in 2025
Global wealth migration is expected to reach unprecedented levels in 2025, with over 142,000 millionaires projected to relocate. The UAE leads this trend, attracting approximately 9,800 millionaires due to its stable political environment and favorable tax regime. This surge represents a significant shift in high-net-worth movement patterns, as traditional hubs like London and Paris experience outflows.
Dubai: A Top Destination for Luxury Property
Dubai ranks among the top 10 cities globally where the ultra-wealthy purchase secondary residences. With 1,288 ultra-high-net-worth individuals owning homes in the city, Dubai's luxury real estate market is thriving. The city's golden visa program, which is linked to property investment, enhances its appeal as a destination for wealth preservation and strategic asset diversification.
Montenegro's Millionaire Appeal Despite Suspended Program
Montenegro has emerged as a fast-growing millionaire hub, despite the suspension of its "golden passport" program. The country has seen a 124% increase in its millionaire population over the past decade, driven by fiscal incentives and Mediterranean lifestyle appeal. While citizenship-by-investment is not currently available, Montenegro remains attractive for its flat income tax and absence of inheritance taxes.
Investment Migration Programs Fuel Mobility
Investment migration programs continue to play a crucial role in global wealth mobility. Countries like Portugal, with its Golden Residence Permit Program, provide structured pathways for residency through real estate or capital investment. Similarly, Caribbean nations offer citizenship-by-investment options, catering to those seeking second citizenship. The demand for such programs reflects a broader trend towards mobility and investment-driven residency.
UK's Outflow Amid Policy Shifts
The UK is witnessing the highest outflow of millionaires, losing about 16,500 wealthy individuals in 2025. This trend is linked to political uncertainties and the closure of the Tier 1 Investor Visa program. The removal of the non-dom tax regime further contributes to this exodus, as millionaires seek more advantageous environments abroad.
All claims about visa programs, investment requirements, and policy status in the article are supported by up-to-date data from multiple authoritative sources in 2025.
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