Dubai is now home to 81,200 millionaires, including 237 centi-millionaires and 20 billionaires, according to Henley & Partners’ World’s Wealthiest Cities Report 2025. The city recorded a 102% growth in millionaires between 2014 and 2024, making it the fastest climber in the rankings, jumping from 21st to 18th place globally
In 2024, a growing number of wealthy Americans took the drastic step of giving up their U.S. citizenship, with 4,820 individuals formally renouncing—a 48% jump from 2023 and the third-highest annual total on record. The surge reflects deepening concerns over political, economic, and tax-related uncertainties, as well as increasing interest
The UK government has unveiled its 2025 Immigration White Paper titled “Restoring Control over the Immigration System”, outlining a bold roadmap to cut net migration significantly by 2029. These reforms, presented under Prime Minister Keir Starmer’s leadership, mark a shift toward domestic workforce development and a more restrictive migration policy
President Donald Trump has revived a sweeping idea early in his second term: eliminate income taxes and fund the U.S. government through tariffs. Speaking after Pope Francis’ funeral in Rome, Trump said, “We’re going to make a lot of money, and we’re going to cut taxes for the people of
Kazakhstan has officially introduced a new “Golden Visa” program, offering foreign investors the opportunity to obtain long-term residency in the country. Announced by the Ministry of Foreign Affairs, the initiative aims to enhance Kazakhstan’s investment appeal and foster sustainable international economic partnerships. Key Features of the Golden Visa Program ●
On April 29, 2025, the Nevis Island Assembly passed the Nevis Online Gaming Bill, 2025, marking a significant step in the island’s efforts to diversify its economy and establish itself as a regulated jurisdiction for online gaming services. The legislation aims to create a comprehensive legal framework for the licensing
As the architecture of global finance continues to shift under the weight of geopolitical tension, economic sanctions have emerged not merely as a diplomatic instrument but as a central feature of modern financial risk. In this climate, private clients—particularly those with international exposure—are responding by rethinking the very foundations of
Since the 1980s, when the tiny Caribbean nation of St. Kitts and Nevis launched the world’s first citizenship-by-investment program, the global elite have been collecting passports almost like they collect luxury cars. Today, it’s not uncommon for wealthy individuals to hold four to eight citizenships, giving them unmatched freedom to
Malta, a small island nation between Sicily and North Africa with a population of just over 550,000, has become an unlikely hub for the world’s ultra-wealthy. Its allure? One of the most sought-after “golden passport” programs in the world—offering a shortcut to European Union citizenship through financial investment. For a
In March 2024, the UK government announced its plan to abolish the centuries-old non-domiciled (non-dom) tax regime beginning April 2025—a move that will profoundly affect how long-term residents and returning UK citizens are taxed on global income and assets. Under the new rules: Anyone who has been a UK tax
