'Putting down roots': Nearly half of UAE residents now plan to retire in country, new research shows
New research published this week reveals that nearly half of affluent residents UAE now expect to retire in the country. The Money on the Move study by wealth management firm St James's Place, which surveyed 450 affluent and high-net-worth residents across the UAE in May 2026, found that 44 per cent plan to retire here. More than half said they had already stayed longer than they originally…
A recent study has found that nearly half of affluent residents in the United Arab Emirates now plan to retire in the country. Conducted by wealth management firm St James' Place, the Money on the Move survey polled 450 affluent and high-net-worth individuals across the UAE in May 2026. The research revealed that 44% of respondents intend to retire in the UAE, while over half have already stayed longer than they initially anticipated.
Furthermore, 78% expect to remain overseas for at least another eight years, suggesting a growing trend of people establishing long-term roots in the nation. St James' Place Middle East head Daniel George highlighted this shift, stating that the UAE is becoming a place where people genuinely envision building a life, rather than merely seeking career advancements.
Financial incentives play a significant role, with 96% of respondents earning more in the UAE compared to similar roles in their home countries, and 97% saving more each month, with almost half earning and saving at least 25% more. Justin Cooke, a British entrepreneur who moved to Abu Dhabi in 2024, reflected on how living abroad has accelerated his path to financial freedom by at least five years.
Many affluent individuals attribute their decision to retire in the UAE to the freedom, infrastructure, and opportunities it offers, rather than solely financial considerations. Sarah Louise, an Australian entrepreneur, emphasized that Dubai's centrality in their international business operations has made retirement there about continuity rather than escape.
Despite concerns about geopolitical instability, 70% of respondents reported that their perception of the UAE as a place to live has improved over the past year, underscoring the strong appeal of the region for building a longer-term life.
Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
