Why are very wealthy Swiss family offices moving to Dubai?

Pragya Swastik, Published on May 3rd, 2025

Why are very wealthy Swiss family offices moving to Dubai?

More and more Swiss family offices managing assets for very wealthy people are moving to Dubai, FT reported. More regulation, disclosure of confidential information, and political debate over a new 50% tax on very large inheritances and gifts are some reasons behind the wealthy leaving Switzerland. Dubai's wider definition of "family", which doesn't invite greater regulation, is also lucrative.

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