According to a survey by international investment migration advisory firm Henley & Partners, a record 6,700 millionaires are expected to make the UAE their new home by the end of this year.
The luxury lifestyle, golden visas and low tax environment the UAE offers have helped enshrine its place as the world's wealth magnet for the third year running.
The country is poised to attract nearly twice as many millionaires as its nearest rival, the US, which is forecast to see 3,800 millionaires settle there by the end of 2024.
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