Initially, there were the flashy Influencers, flaunting opulent yacht parties to their followers, who were enduring pandemic-related lockdowns. Following that, there was an influx of Russian wealth, comprising cash and cryptocurrencies, seeking a sanctuary away from burdensome sanctions in the aftermath of the Ukraine invasion.
The recent influx of wealthy digital nomads in Dubai appears to be made up of affluent Western hedge fund professionals, as evidenced by the notable exodus of talent from firms such as Millennium Management and ExodusPoint Capital Management. The emirate and its neighboring city of Abu Dhabi are actively luring the rich and influential with enticing offers such as tax-free status, relaxed regulations, and
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