Over 60 Percent of UAE Residents Prefer to Relocate to a Foreign Country

Published May 14th, 2019 - 08:08 GMT
Canada tops the list of most desired relocating destination by the UAE residents followed by European Union countries and the USA.
Canada tops the list of most desired relocating destination by the UAE residents followed by European Union countries and the USA. (Shutterstock)
Highlights
The demand for relocation is coming from a host of nationalities such as Indians, Chinese, Egyptians, Iranians and Iraqis.

More than six out of 10 residents want to relocate from the UAE or their home country to a foreign country for better education for their children, better standard of living and to enjoy visa-free travel by obtaining a second passport, revealed a new survey released on Tuesday.

 


Canada tops the list of most desired relocating destination by the UAE residents followed by European Union countries and the USA, according to a boutique advisory firm Vazir Group survey conducted by YouGov.

The findings revealed that 63 per cent of the UAE residents are keen to relocating to a foreign country.

The demand for relocation is coming from a host of nationalities such as Indians, Chinese, Egyptians, Iranians and Iraqis, said Vrinda Gupta, managing partner, Vazir Group.

"We get requests from the British nationals also due to Brexit Brexit," she said.

"The top two reasons for people potentially relocating to another country are both based around family values. Education is so important for many parents that they would consider a move abroad to facilitate a better experience for their children. For those already looking at sending their children abroad to study, it can make financial sense to get a permanent residency in that country, because residents are often entitled to lower fees or even free education," said Gupta.

"The UAE is positively transforming through initiatives such as the 10-year visas that will encourage more people to stay in the Emirates, but there is still a demand for the security and stability of permanent residency and citizenship. It is worth noting that many global destinations do not actually require people to relocate to that country, but those families can still take advantage of visa-free travel, and key benefits such as education and healthcare," she said.

Gupta noted that though the UAE also offers best quality of life and education but it is costlier as per the feedback that her company received from the clients.

By Waheed Abbas


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