Ever wondered why the UAE has become a playground for some of the world’s most influential people? Think about the many young and affluent people from countries such as the UK and France. Why are they making a beeline for the many states in the UAE?
This goes beyond trading in gloomy days for some sunshine (even though that is a huge plus point). There are some deeper and even more attractive reasons for this exodus to the UAE, all worth exploring.
Why Young and Affluent Individuals from the UK and France Are Relocating to the UAE
If you want to learn more about this recent trade, stick with us as SetHub uncovers all the reasons why young and affluent individuals moving from the UK and France are choosing to call the UAE home.
Tax Benefits That Make Your Wallet Smile
Lets face it, no matter where you are in the world, you’ve heard about the tax policies in the UAE that everyone seems to love. Don’t you want to keep more of the money that you earned? Because the UAE does not impose income tax on its residents, it has become a dream destination for many, especially the young and affluent individuals who earn a lot of money.
However, when you look at the UK and France, you will see that their workers have to pay hefty amounts in income tax. When these individuals relocate to the UAE, they get to keep or even invest more of their hard earned income.
A Next Level Lifestyle
If the UAE could be described in one phrase, we would call it the land of excess. So yes, the UAE knows what luxury is all about. From star class resorts to Michelin starred restaurants and the most expensive malls in the world, the UAE has it all for those who want to live life to the fullest. For young and affluent individuals moving from the UK, where the weather’s often gloomy, the appeal of sunny beaches and vibrant cityscapes is irresistible.
For those seeking experiences that are more cultural, they can tick this box as well here. Desert safaris and modern art galleries included! It’s a mix of tradition and innovation that appeals to global citizens looking for more than just a place to live.
Opportunities Galore for Career Growth and Entrepreneurship
While the UAE has built a reputation as a playground for billionaires, it isn’t all about fun and games here. The UAE is also a thriving business hub, thanks to a strong economy. For any ambitious person who wants to make their work in this world, the UAE is the perfect place to get started. Many multinational companies have their headquarters in the UAE and this offers lucrative opportunities for the young and affluent individuals of the world.
For those who prefer to be their own boss, you would be happy to know that the UAE is also ideal for startups! The government has put forward many initiatives to attract new businesses. Most notably, the world class free zones that offer foreign ownership and so much more.
A Gateway to the World
Even its geographic position is idyllic. By making the UAE one’s base, setting of journeys to any continent is a simple process and can be done by taking just one flight! This saves time and money when it comes to travelling, something that young and affluent individuals moving from the UK and France certainly enjoy.
One of the reasons for easy global travel from the UAE is because of the leading airlines that call this region home, we know the names you are thinking of, in fact we do not even have to name them! Weekend getaway to the Maldives or quick work trip to Singapore? The UAE makes all of this extremely convenient!
The Social Scene Is Unmatched
The UAE is the place to be if you’re looking to network. A vibrant expat community means that there are several events, clubs, and activities to suit every interest. If you are a young and affluent individual, this means that you will be able to surround yourself with a crowd that matches your vibe.
The options for social interaction are endless. You could be sipping mimosas on a yacht at sunset, or you could discuss some fine art at the many exhibitions that make up the UAE social calendar. All of these options mean that you can build connections and open doors professionally and personally.
Diversity and Inclusivity
The UAE’s population is a melting pot of cultures, making it one of the most diverse places in the world. For expats, this means the opportunity to meet people from different backgrounds and learn about new traditions.
For young and affluent individuals moving to the UAE, this cultural richness is a breath of fresh air. Whether it’s celebrating Diwali with friends or joining in on National Day festivities, the inclusivity here makes everyone feel at home.
Cutting-edge technology and Innovation
The UAE is a leader in adopting the latest tech. The region’s focus on innovation is hard to miss, from AI-driven smart cities to cashless payments everywhere. For tech-savvy young and affluent individuals, this environment is both exciting and convenient.
Dubai’s plans for the future—like flying taxis and a hyperloop system—are just the tip of the iceberg. Living in the UAE often feels like getting a sneak peek into the future.
In Conclusion
It’s clear why the UAE is drawing young and affluent individuals from the UK, France, and beyond. From tax advantages and career opportunities to luxurious lifestyles and cultural diversity, the region offers an unbeatable combination of benefits.
If you’ve been thinking about making the move, now’s the perfect time to join the wave of young and affluent individuals moving to the UAE and see for yourself why it’s such a hotspot. Who knows? The UAE might just be your perfect new home.
Remember that if you need any help with the migration process to the UAE, SetHub can offer some tailored advice for you. We’ve got many options that you can choose from, whether you want to facilitate your move to the UK through a golden visa or by setting up your own business, our experts will be able to offer the right option to you. Schedule a call now and hear back within just an hour!
