Money Tips

UK to UAE: The Next Big Wealth Shift – Are You Ready?

As wealth migration trends accelerate across the globe, the spotlight is increasingly turning to the UAE — and for good reason. On May 27th, Caxton hosted an insightful webinar exploring the dramatic shift in HNWIs from the UK to the UAE, especially Dubai. If you missed the live session, here’s a recap of the key insights and takeaways that could reshape your investment or relocation strategy.

The Millionaire Migration Is Real

One of the most compelling statistics shared during the session: the UK is projected to lose 10,000 millionaires in 2025 alone. This shift is being driven by:

Brexit aftershocks and reduced access to the European market
Political and economic uncertainty in the UK and beyond
Comparative tax advantages and lifestyle appeal in places like Dubai

For investors and families alike, the UAE is fast becoming a preferred destination for wealth preservation and growth

Is Dubai’s Property Market Overheating?

Our expert panelists tackled the big question: is Dubai’s property market in a bubble, or are there still smart plays to be made?

Here’s what we learned:

Capital growth has surged by nearly 75% since 2021
Rental yields sit at an impressive 6.5%–7%, compared to just 2.4% in London and 4.2% in New York
Despite rapid growth, the market still holds significant opportunities for savvy investors who understand timing and location

“Dubai offers real value in both capital appreciation and rental returns — far more than many Western cities right now.”

— Dom Shabbo, Luxury Property Advisor, BlackBrick Dubai

Tax and Wealth Strategy Insights for UK Residents

Jonathan Jay of Hoxton Wealth UK shed light on how to approach investment in Dubai from a UK tax perspective:

Declare any foreign income to HMRC
Take advice early — structures like offshore companies or trusts may be useful depending on your status
Understand the implications of becoming non-UK domiciled if considering full relocation

“With proper structuring, it’s possible to significantly improve your post-tax returns while still remaining compliant.”

— Jonathan Jay, Managing Director, Hoxton Wealth UK

Family Relocation: Where, Why, and How

Beyond financial returns, Dubai is attracting families thanks to:

High-quality international schools
Family-friendly communities (e.g. Arabian Ranches, Dubai Hills Estate)
A tax-free income environment and a high standard of living

Both Jonathan and Dom shared personal relocation experiences. Jonathan, raised in Saudi Arabia, is making the move to Dubai with his family. Dom relocated nine months ago and cited not only professional growth, but a markedly improved lifestyle for his wife and children.

Key Takeaways for HNWIs and Family Offices:

Dubai is not just a hotspot — it’s a strategic base for wealth growth and international living
The window of opportunity is still open, but timing and guidance are critical
Cross-border planning matters — don’t overlook the importance of structuring and compliance

Missed the webinar?

You can still catch the full recording and access exclusive insights from our panel of experts:

Watch the full webinar here

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Interested in exploring your options in the UAE?

Whether you’re considering a property purchase, setting up international wealth structures, or planning a family relocation, Caxton can help you make smarter moves across borders. Speak to our team today to get personalised guidance tailored to your goals.