Why Finance Pros Are Flocking to Dubai

Dubai is becoming a hotspot for finance professionals. The city's tax-free status and warm weather are big draws. Many are moving from places like London, Hong Kong, and Switzerland. The Dubai International Financial Centre (DIFC) is growing fast. It now has 48, 000 finance jobs. This is a 9% increase from last year. Life in Dubai is different from other financial hubs. There are no strikes or protests. Traffic is bad, but there are personal drivers and nannies. Construction is everywhere, with new apartments and villas being built. Home prices have gone up by 70% since 2019. The UAE is becoming a new hub for business. It's attracting talent from all over the world. The city's focus is on business, not politics. This makes it a great place for finance professionals. Many see Dubai as a place to make money and then move on. Others are considering staying long-term. The region's stability is a big draw. It's a safe place to invest and live. However, there are concerns about succession and geopolitical risks. The recent US strike on Iran has unsettled some transplants. Despite this, Dubai remains an attractive option for many.