Dubai has topped the list of the world's most attractive cities for the wealthy, surpassing New York and 29 other cities, according to a report by Savills, a leading global real estate firm, as reported by Bloomberg. The report states that Dubai attracts wealthy individuals seeking attractive tax benefits and incentives, strong family infrastructure, and high levels of security. It also mentions that Dubai has the largest number of international schools compared to any other destination, significantly outpacing competing cities. The report explains that Dubai and New York led the Savills ranking of the most attractive cities thanks to tax advantages, geopolitical stability, and a business-friendly environment. The report highlights that the UAE's 'Golden Visa' and its terms for investors played a pivotal role in attracting the world's elite wealthy. According to the ranking, Dubai took first place, followed by New York in second, Singapore in third, Hong Kong in fourth, and Abu Dhabi in fifth.
