Dubai to Gain Over 7,000 Millionaires in 2025 – Why the Wealthy Are Moving
August 14, 2025
Introduction: A Magnet for Millionaires

Dubai is on track to attract more than 7,100 new millionaires in 2025, according to wealth migration reports. This makes it one of the fastest-growing wealth hubs in the world, with inflows driven by favourable tax policies, a premium lifestyle, and world-class infrastructure.
CONTACT US
But this isn’t just a trend—it’s a shift in how the global elite choose where to live, invest, and raise families.
Why Dubai?
Several factors make Dubai uniquely attractive for high-net-worth individuals (HNWIs):
- Zero income tax and capital gains tax
- Golden Visa programme offering 10-year residency
- Pro-business environment with minimal red tape
- English is widely spoken, and common law principles are applied in financial centres
- Excellent connectivity, education, and healthcare
- Dubai offers both a haven and a launchpad—safety, luxury, and opportunity underpinned by legal certainty.
Who Is Moving?
In 2025, Dubai is attracting:
- Entrepreneurs from Europe and South Asia
- Family offices from the UK, Russia and China
- Fintech, crypto, and AI professionals seeking regulatory clarity and innovation-friendly policy
- Retirees and global nomads looking for long-term stability and tax-neutrality
- This group isn’t just wealthy—they’re mobile, young, and digitally enabled.
The Role of the Golden Visa
Dubai’s Golden Visa allows investors, entrepreneurs, and professionals to secure long-term residency without the need for local sponsorship.
Recent updates to the programme have made it more accessible:
- Minimum investment thresholds have been reduced
- Residency can now extend to family members
- Options exist for property owners, business founders, and talented individuals
- This flexibility makes it ideal for UHNWIs planning for residency-based tax efficiency.
Impact on Dubai’s Economy and Society
The arrival of more than 7,000 millionaires in a single year is having noticeable effects:
- Rising demand for luxury real estate in areas like Palm Jumeirah, Emirates Hills, and Dubai Hills
- Booming demand for private education and bespoke health services
- Growth in wealth management, private banking, and family office services
- These inflows are also reshaping Dubai’s global image—from oil hub to wealth capital.
Conclusion: A Deliberate Strategy That’s Working
Dubai’s rise isn’t accidental. It reflects years of careful planning, legal reform, and international marketing.
As countries like the UK and Switzerland tighten tax rules and public sentiment turns against the ultra-rich, Dubai is doing the opposite—rolling out the welcome mat for global wealth.
At Mosaic Chambers Group, we support clients across borders—not only in the UAE, but around the world. With hubs in both Dubai and the UK, our relocation and corporate services extend globally, making us the trusted partner for businesses serious about long-term growth. Get in touch below to find out more.

Navigating the UAE Employment Visa Process in 2026 Relocating to the United Arab Emirates for employment offers significant professional and financial opportunities. However, the UAE employment visa process is structured, compliance-driven and time sensitive. Understanding each stage in advance avoids unnecessary delays and protects both employer and employee from regulatory issues. Below is a comprehensive, easy-to-follow guide to the UAE employment visa process as it stands in 2026. Step 1: Securing a Confirmed Job Offer The UAE employment visa process begins with a formal job offer from a UAE-licensed entity. Only an employer registered with the relevant mainland authority or free zone authority can sponsor an employee. The employer becomes the visa sponsor and assumes legal responsibility for: Applying for the work permit Processing the residence visa Ensuring compliance with UAE labour law Covering government application fees (in most cases) Employees cannot independently apply for a standard employment visa without sponsorship. Step 2: Work Permit Application (Entry Permit Approval) Once the employment contract is signed, the employer applies for a work permit (also known as a labour approval) through the Ministry of Human Resources and Emiratisation (MOHRE) or the relevant free zone authority. Documents typically required include: Passport copy (valid for at least six months) Passport-size photographs Signed employment contract Attested educational certificates (if required for the role) If the employee is outside the UAE, an entry permit is issued, allowing them to enter the country legally for employment purposes. If the employee is already inside the UAE on a visit visa, status adjustment procedures apply. Step 3: Entry to the UAE (If Applying From Abroad) For applicants outside the UAE, the entry permit allows legal entry into the country. Once inside the UAE, the individual must complete the residency formalities within the validity period of the entry permit (usually 60 days). Timing is critical at this stage. Failure to complete the process within the permitted window may result in fines. Step 4: Medical Fitness Test All employment visa applicants must undergo a mandatory medical examination at an approved UAE medical centre. The test typically screens for: HIV Tuberculosis Hepatitis (in certain categories) The medical fitness certificate is a mandatory component of the residence visa application. Processing time: usually 24–72 hours depending on service speed selected. Step 5: Emirates ID Biometrics The applicant must apply for an Emirates ID, which serves as the UAE’s official identification card. This process includes: Biometric data capture (fingerprints and photograph) Identity verification The Emirates ID is linked directly to the residence visa and is essential for: Opening bank accounts Renting property Obtaining a driving licence Accessing utilities and telecom services Step 6: Residence Visa Stamping Following medical clearance and Emirates ID application, the residence visa is issued and stamped electronically against the passport record. Employment residence visas are typically valid for: 2 years (mainland companies) 2–3 years (depending on free zone authority) Once issued, the employee is legally resident in the UAE and may sponsor eligible dependants (subject to salary thresholds). Key Considerations in 2026 1. Free Zone vs Mainland Sponsorship Visa procedures differ slightly between mainland entities and free zone authorities. Free zones operate under independent regulatory frameworks, although federal immigration approval remains central. The choice between mainland and free zone employment has broader implications, including: Corporate structuring Tax residency status Social security considerations Family sponsorship options These should be assessed before finalising relocation plans. 2. Employment Visa vs Other UAE Visa Categories The UAE also offers: Green Visas (for skilled professionals and freelancers) Golden Visas (long-term residence for investors and high earners) Investor/Partner Visas For entrepreneurs and senior executives, an employment visa is not always the optimal route. Strategic structuring may offer longer validity and greater flexibility. 3. Tax Residency Implications The UAE does not levy personal income tax. However, relocating professionals must consider: Exit tax implications in their home country UK Statutory Residence Test (for British nationals) Split-year treatment Ongoing ties and centre-of-vital-interests rules Corporate tax exposure for business owners Inadequate pre-departure planning can result in unintended dual tax exposure. 4. Corporate Tax and Employment Structuring With the introduction of UAE Corporate Tax, business owners relocating to the UAE must assess: Whether they will remain directors of overseas entities Permanent establishment risks Substance requirements Intercompany arrangements Employment structuring must align with the broader corporate and tax strategy. Why a Structured Relocation Approach Matters Many professionals treat the employment visa as a simple administrative formality. In practice, it forms part of a much larger relocation framework that includes: Tax residency planning Wealth structuring Asset protection Banking arrangements Property acquisition Family visa coordination A piecemeal approach often creates long-term complications. How Mosaic Chambers Group Supports Your Move to the UAE At Mosaic Chambers Group, we provide integrated advisory services for internationally mobile individuals and entrepreneurs. We coordinate: Pre-departure UK tax planning UAE tax structuring advice Cross-border compliance Local regulatory compliance We work alongside trusted UAE-based partners to manage: Visa processing Company formation Corporate structuring analysis Family sponsorship applications Wealth protection strategies Relocating to the UAE should be strategic, compliant and financially efficient - not reactive. Speak to Our Advisory Team If you are considering accepting a UAE job offer or relocating your business operations to the Emirates, we recommend obtaining professional tax and structuring advice before finalising your move. Early planning protects your position, reduces risk and ensures your move to the UAE is commercially sound and fully compliant. Get in touch with our team today to begin your relocation strategy with clarity and confidence.

Thinking about moving to Dubai with your family?
We can help you assess eligibility, model the impact, and prepare a clear roadmap before you move.
Contact us to begin a confidential discussion.
Tailored advice for UK families, entrepreneurs, business owners and private wealth structures.
Cross‑border, multi‑jurisdict
