According to gulfnews.com, amid Singapore's strict residency laws, Dubai has become an attractive destination for Chinese millionaires. This shift in migration patterns reflects growing frustration with Singapore's stringent conditions, and financial experts point to an increase in requests from Chinese nationals to establish family offices in Dubai and Abu Dhabi. This phenomenon is particularly driven by the UAE's 10-year golden visa and the appealing tax benefits offered to investors and highly skilled professionals. In 2022, nearly 80,000 golden visas were issued, indicating a rising interest in the country. In fact, the number of family offices registered in the Dubai International Financial Centre is rapidly increasing, with many of these entries coming from China. Mike Tan, Global Head of Wealth Planning and Family Advisory, emphasizes that Dubai has garnered significant attention from the Chinese due to its stability and residential amenities. These changes signify a strong attraction for wealthy Chinese individuals seeking a better life and more favorable financial conditions. Meanwhile, financial advisors have noted that there are not enough wealth professionals in Dubai who speak Mandarin or Cantonese to meet the rising demand. As a financial and commercial hub, Dubai is quickly becoming a popular destination for wealthy Chinese individuals looking for new opportunities and a suitable environment for living and investing. For more images and additional information, please refer to the news source.