Why the Rich are Secretly Moving to Dubai

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[TheDCGuitar]

Dubai. Where your favorite ig models go to get humiliated by billionaires!😂

[elvicsolgb]

At one time, this dude covered Dubai like it's a shit hole in the midst of the desert, now he covers it like it's a paradise & a tax haven for the filthy rich. In conclusion, I think it's both. A paradise on the surface or a pretentious glittery facade, and underneath a stinking shit hole of degeneracy & dystopic opulence.

[Thembisile]

I remember travelling to Dubai in 2005 with my Dad to speak with one of the architects of Dubai reborn...my Dad didn't buy it and did not invest...honestly that place looked soooo barren compared to now, before he passed away he did say that was one of his regrets.

[ItsLizzy]

I would take this with a grain of salt because the UAE has more monetary controls than most Western countries. Banks and other entities will deny transfers if you cannot prove the legitimate source of it. However, here in Canada, the banks don't ask questions to the money launderers that flood into the country. The UAE is not the place for this as the penalties for crime are very high.

[shivendrasingh]

I have been to UAE this year in March. I saw alot of millionaires leaving Europe specifically russia shifting there. Moreover alot of Indian and Chinese ultra rich individuals have also shifted to UAE

[darkvalue]

Real-estate is a huge business there, indeed. Whoever invested in properties in Dubai are now making huge bucks because of this Ukraine-Russia crisis. Even millionaires from China and India are investing in Dubai and other Gulf cities.

[tomw]

Lived here 3 years to stop paying taxes... Its ok but many things it lacks like normality, and everything is just linked with huge motorways, the prices are rocketing so the average normal person there paying rent is screwed! paying 6 months rent up front is annoying for anyone too

[MersadieOlitn]

at a certain point of wealth location doesnt matter you are so isolated from the rest of the world you can do anything & get away with it as long as you control your people

[akblader]

1. It is the late HH Sheikh Zayed Bin Sultan Al Nahyan who has united the 7 Emirates in 1971
2. There is alcohol in Dubai, in fact in all Emirates, except Sharjah

[Kobby]

They always leave out this detail. In the West (USA, Britain, France, Germany, etc), majority of the Wealth created today was induced by crazy government spending and quantitative easing, aka money printing (inflation). In a true capitalist system, most of them will not be multi-millionares or billionaires. Government is good when its robbing the middle class of its value (derived from labor), subjecting them to inflation and giving them (the rich) money (cheap in the form of low to 0% interest debt). The same government is bad when it takes the money back, aka quantitative tightening and high marginal income tax. Human nature is going to be studied for centuries smh

[quickcinemarecap]

00:02 Russian billionaires are moving to Dubai to escape sanctions and protect their wealth.
01:52 Dubai is struggling to meet the luxury demand due to space constraints.
03:41 Dubai's transformation under shik Rashid's grand plan
05:46 Dubai is a top destination for the ultra-wealthy due to favorable business conditions and tax benefits.
07:28 Dubai offers extreme luxury and extravagance for the rich.
09:31 Dubai offers both extravagant and normal lifestyles
11:22 Dubai is attracting wealthy individuals due to financial incentives and luxurious offerings.
13:21 Dubai offers an escape for wealthy non-American citizens seeking tax benefits and a unique lifestyle.
15:10 Rich are moving to Dubai due to tax benefits and a clear vision for the future.
16:54 Dubai's clear vision and concrete goals for economic, safety, education, and health
18:30 Rich are moving to Dubai for tax benefits

[ASAPLOWLIFE]

As a resident of the UAE I can say the word safe is a understatement, I can’t say I’ve seen one overtly offensive action against anyone for the entire time I’ve been here. It’s not perfect but it’s super effective.

[utkarshat]

I have lived in UAE, and when I came back to India; one thing really annoyed me that I was paying income tax for almost 1/4 th salary I used to get in Abu Dhabi.

[theancientsancients]

What is western about Dubai? It is way more conservative than most Arab states. Yiu describe anything modern as western lol China 6g will be western too? The west has no 6g

[kenhart]

Dubai is like Las Vegas is superficial lifestyle, glass, concrete, glitter and glimmer. Maybe great for millionaires taxes and weekend trip. Enjoy the sandbox. You're not really rich if you can't live where you want.

[danyo]

No one moving to Dubai bro. Celebrities and athletes are paid to attend events in Dubai in hopes to attract people to come. But in reality, their city infrastructure is shit (literally 💩🚚).

[lordhegamonster]

Has Jake ever made a video on the WEF Globalists? Klaus Schwab?

[Manny-okfv]

100% facts - reason why I’m moving to Tokyo as a disabled veteran

[FATTYBONGRIPS]

This showed up on my recommended while i am on a flight to dubai 💀

[princeamu]

Dubai sucks. It’s boring af. Trust me those rich people will leave. You need artists and people who can express to have a thriving nation. Dubai has no swag and you can’t live in a place with just rich people, culture is important and culture spans beyond money, its humanity