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The Economic Times

Global Business / The Economic Times

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Super-rich exit Dubai for this European city heres why its a new safe haven

Super-rich exiting Dubai for Italy in 2026: Italy is now attracting the worlds super-rich like never before. Since 2017, over 1,300 high-net-worth individuals have applied for Italys flat-tax program, paying just 100,000 annually on foreign income. Milan and Rome are seeing historic spikes in luxury real estate sales, from renovated palazzi to modern high-end apartments. The shift comes as geopolitical instability in the Middle East and rising uncertainty in Dubai push wealthy families to safer European bases. Italy offers predictable taxation, strong legal protection, and la dolce vita. Lifestyle, security, and financial clarity combine, making Italy the fastest-growing tax haven and luxury hub for global elites in 2026.

7 Apr 2026 10:46 pm