A global report expects it to attract the highest net inflow of the world's wealthy in 2022

The UAE continues to enhance its attractiveness as a preferred destination for residence and work

Residents of the UAE are happy with the levels of security and stability in the country.

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In the year 2022, the UAE has established its position as one of the most attractive countries in the world for those wishing to settle and work there.

International reports issued this year highlighted the quality of life that the country provides, which has prompted millions around the world to make it a first choice for residency and starting their working lives.

The reports enumerated a group of factors that enhanced the attractiveness of the UAE, foremost of which is economic growth, security and stability, developed infrastructure, and the nature of laws that guarantee individual freedom and dignity, in addition to high levels of health, education and entertainment services.

The best to live

The UAE ranked sixth in the world in the list of the best countries to live in, according to the "Expat Insider 2022" report issued by the "International" Foundation, in addition to being considered among the 10 best destinations for residents to work.

The report - whose results were based on a survey of 12,000 people around the world - showed that UAE residents are particularly happy with the ease of completing government transactions, their ability to live without the need to speak the local language, the levels of safety and stability in the country, and the ease of access to all kinds of services. Health care services.

Job security

According to the report, the UAE ranked fifth in the work abroad index, and third in the employment prospects sub-category, as nearly four out of five residents feel that moving to the UAE has improved their career prospects.

The report indicated that UAE residents are happy with the level of job security and salaries, and feel that they receive fair wages for their work, based on the sector, qualifications and job role.

Business establishment

In terms of establishing businesses, the UAE ranked first in the world in the “Global Entrepreneurship Index 2022”, according to the report issued by the “Global Entrepreneurship Monitor”, advancing from fourth place in the world in last year’s report, and thus surpassing all global economies participating in the the report.

The country obtained the highest rate on the general ranking of the index, with a score of 6.8, and it ranked first in the world in the surveys of entrepreneurs in the country that were implemented by the “Global Entrepreneurship Monitor”, as it is the best entity in the world to establish and start businesses and the most supportive environment for entrepreneurship.

Attract the rich

It is expected that the UAE will become the largest country in attracting wealthy investors and billionaires during the year 2022, through the net flows of millionaires in the world, who move to the country in record numbers, according to the “Henley Global Citizens” report, which tracks private wealth and migration trends of the rich, and investment. all over the world.

The report emphasized that the UAE has become a focus of intense interest among wealthy investors, as it is expected to attract the highest net inflow of the wealthy in the world in 2022, with an increase of 4,000 people (those who own one million dollars or more), which is a huge increase of 208% compared to the net inflow of 2022. 2019 of 1,300, one of the largest ever.

Buy real estate

Also in the economic field, the US agency “Bloomberg” published on October 20 a report on the economic attraction provided by the UAE to owners of capital who go to it to buy real estate, and establish new companies or branches of their operations, noting the significant increase in real estate sale rates at the state level. Since the beginning of 2022.

Education and innovation

In terms of youth, the country ranked first in the world in seven global competitive indicators related to the country's attraction to youth, as it ranked first in the world in the index of the percentage of those enrolled in higher education from abroad to the country, according to the "Global Innovation Index 2021" issued by INSEAD College. The UAE also ranked first in the world in the number of international students, according to the “Global Talent Competitiveness Index 2021” issued by INSEAD College.

The UAE ranked first in the world in the "Index of Availability of Skilled Workers", according to the "Global Talents 2021" report issued by the International Institute for Administrative Development. Global 2022”, issued by the International Institute for Administrative Development.

Talent and tolerance

The UAE ranked first in the world in the “Index of Net Flow of International Students”, according to the “Yearbook of Digital Competitiveness 2021” issued by the International Institute for Management Development. the country on attracting talent,” and the “tolerance index for foreigners,” according to the “Prosperity Index 2021” report, issued by the “Legatum” Institute.

• Four out of five expatriates feel that moving to the UAE has improved their career prospects.

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