Reasons Behind the Relocation

	No Capital Gains Tax and a Huge Tax Advantage	The UAE, particularly Dubai, offers a remarkably tax-friendly environment. Unlike European countries, where income taxes and inheritance tax can take a big portion of wealth, the UAE imposes the opposite. This is a significant advantage for French HNWIs looking to reduce their tax liability and secure their wealth in a more stable jurisdiction. The lack of capital gains tax provides the perfect incentive for those focused on real estate investment and growing their wealth without facing steep deductions like they would in their home country.    The UAE has no capital gains tax and no inheritance tax, making it an appealing destination for those wishing to pass on their wealth to future generations. This tax environment, combined with the UAE’s strong financial sector, allows foreign nationals to protect and grow their assets with minimal government interference.
	A Luxurious Lifestyle That’s Surprisingly Affordable	Dubai boasts top-class standards, world-class infrastructure, luxury real estate, and diverse leisure and entertainment options. Despite its luxury appeal, the cost of living in Dubai can be more favorable compared to major European countries like France. This makes Dubai a sweet pie for people striving for luxury and capital gains.
	Strategic Global Location	Dubai is located between Europe, Africa, and Asia, making it visible from all directions. The city is well-connected through its international airports, providing easy access to key global markets. This geographic advantage is a significant draw for investors and entrepreneurs looking to expand globally and grow a strong portfolio.
	Cosmopolitan Culture and Community	Dubai is very generous and welcoming to the expat community, which includes over 200 nationalities. The city’s cosmopolitan culture creates a flexible and welcoming environment for international residents.   For French HNWIs, Dubai offers a sense of familiarity with a sizable French population and over 600 French companies operating in the city. This community presence and the opportunity to network with other global elites add to Dubai’s appeal.
	Business-Friendly Policies	The UAE has implemented various business-friendly policies and regulations. These include 100% foreign ownership of companies in certain sectors and digestible business setup processes.     The Dubai International Financial Centre (DIFC), in particular, offers a secure and regulated environment for financial institutions, further enhancing Dubai’s appeal as a business hub.
	Family-Friendly Environment	Dubai is a destination for individual investors and families. The city offers inclusive health insurance, highly-ranked education, and many family-friendly activities. Family offices relocating to Dubai can benefit from exclusive programs and initiatives.

Dubai’s Residency Options For Global Investors

Many high-net-worth individuals (HNWIs) actively pursue securing residency in the UAE. The benefits are undeniable: the UAE offers near-zero taxation for non-residents, access to a massive and growing market, and countless other advantages that make it a highly desirable place to live and work.

The residency options are diverse, and the choice largely depends on your business activities, investment goals, and personal preferences. Here’s a breakdown of the key residency pathways that can help make your move to Dubai smoother and more strategic.

	UAE Golden Visa	The UAE Golden Visa is a prestigious option that provides long-term residency for investors, entrepreneurs, and highly skilled professionals. Requiring an investment starting from AED 2 million, this visa offers 5 or 10-year residency options, ensuring stability and security for those making Dubai their new home.
	Dubai Investor Visa	This option is ideal for starting or investing in a business. The minimum investment requirement is at least AED 70,000 in share capital. The approved applicants can get a 3-year visa, with an option to renew it after. For entrepreneurs, it's very handy as they can relocate and deal with their business ventures in place.
	Real Estate Visa	For those interested in Dubai’s luxury real estate market, the Real Estate Visa offers a practical solution. Purchasing property worth AED 1 million or more gets you a 2-year renewable visa, and the process to include family members is straightforward. This visa option isn’t just practical—it’s a lifestyle upgrade. Living in a luxurious apartment with stunning views of the marina or a high-end villa on Palm Jumeirah is the real deal.
	Retirement Visa	For those over 55, the Retirement Visa offers the chance to enjoy Dubai’s luxurious lifestyle in a tax-free haven. This option is available to expats who meet the financial requirements: AED 20,000 in monthly income, AED 1 million in savings, or ownership of a property worth AED 2 million. It's renewable after five years, allowing you to enjoy retirement without the financial stress.

These residency options offer flexibility and long-term security for investors and families alike. Whether it’s through business investments, real estate, or simply enjoying the city’s lifestyle, French HNWIs find that securing a residence permit in Dubai is the best move they could make.

The Growing Trend of Millionaire Migration to Dubai

This isn’t just a fleeting trend. The migration of French HNWIs to Dubai reflects a larger global shift. With over 600 French companies and a growing French population, the city has established itself as a prime location for those who want more than just luxury—they want a strategic, financially savvy place to call home.

Dubai’s regulatory framework, led by the Dubai Financial Services Authority (DFSA), provides a secure, well-regulated environment that French people trust. In addition to this security, the city offers excellent health insurance options, family-friendly amenities, and top-tier education. This solid infrastructure makes permanent residency even more appealing.

For many of these wealthy French individuals, Dubai is more than just an investment—it’s a place where they can thrive. The city’s cost of living and luxurious appeal attract those looking for a balance between personal enjoyment and financial growth.

Conclusion

Dubai has proven itself to be more than just a “shiny destination” for French HNWIs. It’s a strategic choice—a place where wealth grows, opportunities multiply, and life is lived in luxury without the tax burdens of Europe. The steady stream of French millionaires relocating to Dubai isn’t likely to slow down anytime soon.

The real draw? A city that offers everything: financial security, a world-class lifestyle, and a welcoming community. If you’re considering making the move, Dubai has much more to offer than you might think.

For any inquiries or further information, feel free to reach out to the Wealth Consulting team:

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