In 2022, Dubai attracted a record 5,200 millionaires, solidifying its status as the world’s top destination for high-net-worth individuals. According to Philippe Amarante, Managing Partner at Henley & Partners, the Middle East continues its growth in 2023. Notably, European residence programs are gaining traction, with Malta, Portugal, and Spain as preferred choices.
A rising trend is the Middle East’s interest in impact investing, integrating positive social and environmental impacts into migration programs. Governments are adapting requirements; Greece’s Golden Visa Program will double its real estate investment minimum. Dubai’s DIFC Family Wealth Centre, launched in March, further propels the region’s investment migration sector. Digitalization is also on the rise, enhancing client experiences in this evolving landscape.
Source: Philippe Amarante, Managing Partner at Henley & Partners.