ABU DHABI: UAE leads the region as the most appealing wealth management location for high net-worth individuals (HNWIs) in the GCC, according to the latest GCC Wealth Insight Report from Emirates Investment Bank (EIBank).
According to the study, the region’s HNWIs outline the UAE’s tax efficient system and sustainable economic model one that strives to modernise itself regularly and introduce the latest technologies to build a knowledge economy as the main reasons they choose the UAE as a wealth management destination.
According to the report, increased confidence in the regional economy is evident in HNWIs’ strong endorsement for the GCC, and the UAE in particular, as an attractive wealth management location for HNWIs from the region and from the rest of the world.
