Dubai ranked one of top 6 cities for expats globally

Dubai ranked one of top 6 cities for expats globally

Young professionals on the lookout for adventure and new places to settle down are increasingly gravitating away from Hong Kong and Singapore into new cities. The post-Covid, inflation-hit world is moving away from old cosmopolitan centres to newer, younger cities with vibrant cultures. These hotspots bring with them affordable luxuries and high-paid jobs.

It comes as no surprise that Dubai ranks among the top cities in the world for expats.

The combination of a stellar Covid-response and the war in Europe has seen a rise in the influx of expats into the emirate.

Bernd Hanke, partner of a London-based fund, moved to Dubai during the pandemic to escape rounds of lockdowns and Covid measures in Stuttgart, according to Bloomberg. A growing number of financial professionals are relocating to Dubai, which is bolstering its financial and cryptocurrency markets.

Hanke enjoys waking up to the lush green golf course view from his Emirates Hills accommodation and the warmer temperatures as compared to his home in Stuttgart. The similar time zone to the Europe is a bonus as well, as it allows him to reach the UK-based investors in his $400 million equity fund.

“Dubai handled the pandemic very well and there was almost no lockdown,” said Hanke,