UAE Secures Top Global Ranking as an Emerging Hub for Family Offices
The United Arab Emirates has officially claimed the top spot among nine emerging family office hubs globally, achieving an impressive composite score of 74.0. According to a recent report by Global Citizen Solutions, the UAE’s performance is so robust that it actually outperforms several established international centers, including the United Kingdom, the United States, Monaco, and Liechtenstein. This success is largely attributed to the nation’s favorable tax environment—which boasts a zero personal income tax rate—and a highly developed financial ecosystem, with the Dubai International Financial Centre serving as a key driver of this rapid growth.
Beyond just tax incentives, the report emphasizes that the UAE’s long-term investment in its business ecosystem is what truly sets it apart from other emerging markets like Qatar and Saudi Arabia. As global families increasingly prioritize resilience by diversifying their assets across multiple jurisdictions, many are viewing the UAE as a critical pillar of their international strategy. With the total wealth managed by family offices projected to surge significantly by 2030, the UAE’s focus on combining financial infrastructure with mobility and citizenship options positions it as a premier destination for families looking to secure their legacy on a global scale.