A study by AfrAsia Bank showed that work opportunities, tax and financial concerns were driving people with high net worth abroad. The study covered only individuals with net worth ranging from $1 million to $9.9 million.
Several countries offer startup visas, a conditional residence permit inviting entrepreneurs who either raise funding and/or are looking for a permanent stay afterwards.
Dubai ranked 11th in the global index of 25 cities where high-net-worth individuals can acquire residence through investment migration programes.
Worldwide, nearly 30 countries offer residence- and/or citizenship-by-investment programs. Currently, there are only 9 countries that provide a direct route to citizenship based on investment.