What would you do if your government introduced a wealth tax tomorrow?
For many of the UK’s wealthiest individuals, the answer is simple: leave.

A recent study by Arton Capital found that more than half of British millionaires would consider relocating if a wealth tax is introduced. And among the top destinations on their radar? The UAE ranks fourth globally, just behind the US, Canada, and Australia.

With its tax-free income, Golden Visa residency options, and thriving property market, Dubai is fast becoming the go-to alternative for those seeking both financial freedom and an elevated lifestyle.

Why the UAE Is So Attractive to Wealth Creators

According to Armand Arton, CEO of Arton Capital, wealthy Brits are increasingly disillusioned with the UK’s direction. Here’s why the UAE is standing out:

• No personal income tax – wealth is preserved, not drained by government levies.
• Business-friendly environment – entrepreneurship and expansion are actively encouraged.
• World-class infrastructure – from luxury developments to global connectivity.
• Strategic location – the UAE is a hub linking Africa, Asia, Europe, and the Middle East.

Did you know? Over 240,000 British citizens already live in the UAE, working across diverse industries and increasingly investing in property.

Golden Visa: The Game-Changer

One of the UAE’s strongest pulls is its 10-year Golden Visa. For wealthy families, it means:

• Long-term stability and security.
• Access to global markets without residency worries.
• The possibility of extending benefits to family members.

Some ultra-high-net-worth individuals have even been granted citizenship through large-scale investments or family office relocations, making the UAE even more appealing for billionaires focused on legacy planning.

Investing in Dubai Property: The Big Draw

It’s no surprise that British nationals are among the top investors in Dubai real estate. Here’s why:

• Higher rental yields than in the UK.
• Potential for strong capital appreciation as demand grows.
• Affordability compared to London and other global cities.
• Stable political and economic environment.

Real-World Example

Take James, a UK-based entrepreneur with a net worth of £5M. Concerned about rising taxes, he purchased a AED 4.5M apartment in Downtown Dubai in 2023.

• Annual rental yield: 7.2%, far higher than the 3-4% he was earning on London property.
• Capital appreciation: The property is now valued at AED 5M, just two years later.
• Residency: His Golden Visa secured peace of mind for his entire family.

For James, the move wasn’t just about numbers it was about stability and lifestyle.

Key Stats You Should Know

• 82% of UK millionaires say they’re interested in investing in Golden Visa or Citizenship by Investment programmes.
• 60% believe they’d enjoy a better quality of life abroad.
• Nearly 3,800 UK company directors have already relocated many to the UAE.

What This Means for Buyers, Sellers, and Investors

• For buyers: The influx of wealthy expatriates signals rising demand in Dubai’s luxury segment.
• For sellers: Properties with strong yields and prime locations will see accelerated interest.
• For investors: Now is the time to position in Dubai’s market before prices surge further with increased millionaire migration.

Final Takeaway

Dubai is no longer just a stopover city, it’s a global wealth hub where tax advantages, lifestyle, and investment opportunities align.

Whether you’re a first-time buyer exploring your options, a seasoned investor seeking higher returns, or a property owner wanting to stay ahead of the curve, the UAE’s evolving real estate market is one to watch, and one to act on.