A shift is underway. As political uncertainty and economic concerns grip Europe, a new wave of affluent Germans is setting its sights on the UAE. A recent survey by global investor migration consultancy Arton Capital reveals that 37% of German high-net-worth individuals (HNWIs) are now more likely to consider emigration—fuelled by political polarisation and rising tax burdens at home. And while Canada, Australia, and the US remain top destinations, the UAE is steadily climbing the ranks, securing its place as a magnet for global wealth.
Why the UAE?
Dubai, in particular, is drawing in millionaires seeking not just financial security, but a dynamic business landscape and an elevated lifestyle. Unlike traditional wealth hubs such as Switzerland or Singapore, the UAE provides a seamless relocation pathway through its Golden Visa programme—offering long-term residency in a tax-efficient jurisdiction with global connectivity. The region’s real estate market in Dubai further solidifies its appeal, boasting high-yield property investments, luxury villas in Dubai, exclusive penthouses for sale, and an ultra-luxury living experience tailored for international elites.
The numbers speak for themselves: Dubai ranks among the world’s top 15 cities for ultra-high-net-worth residents, with over 200 centi-millionaires calling it home. With a stable government, robust economic growth, and a rapidly expanding expat community, the UAE presents a rare combination of security, opportunity, and exclusivity.
Political and Economic Drivers
The growing interest from German millionaires is not happening in isolation. Similar migration trends are unfolding in the UK and France, where political uncertainty has prompted wealthy individuals to explore second citizenships. Arton Capital’s findings show that 27% of British and 6% of French millionaires are also considering a move to the UAE.
For Germans, the motivations are clear:
- Immigration concerns (47%) and the rise of the far right (42%) are among the biggest factors driving relocation decisions.
- Economic pressures are mounting, with 31% citing a declining quality of life, 30% concerned about increased taxation on HNWIs, and 26% citing a deteriorating business environment.
- Security and mobility concerns are leading many to explore alternative residency options, with 88% expressing interest in Golden Visa UAE or citizenship-by-investment programmes.
The Global Race for Wealth Migration
As Europe tightens its grip on taxation and regulation, nations worldwide are competing to attract high-net-worth individuals (HNWIs). The UAE has been ahead of the curve, continuously enhancing its appeal through pro-investor policies, streamlined UAE residency programmes, and a focus on attracting top-tier talent and capital.
For German investors in Dubai, this translates to more than just financial benefits. The UAE offers a gateway to global opportunities—bridging Europe, Asia, and Africa, with unparalleled ease of doing business. From luxury property acquisitions to bespoke wealth management solutions, the Emirates remains a first-choice destination for those seeking growth, security, and an unmatched standard of living.
Your Move to the UAE Starts Here
At MILK Real Estate, we understand the unique needs of German expats in Dubai and global investors. Whether you’re looking for strategic real estate investments, high-return properties in Dubai, ultra-luxury residences, or expert guidance on relocating to the UAE, our team ensures a seamless transition.
Explore your opportunities with MILK Real Estate today—because wealth isn’t just about where you invest, but where you choose to live
