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Business Insider
a day ago
- Business
- Business Insider
Top 10 cities leading in tax benefits, wealth security, and sustainability
In today's rapidly changing global economy, where political shifts, tax reforms, and economic uncertainties can impact personal wealth, the choice of where to live has become increasingly important. The 2025 Global Cities Report highlights cities excelling in tax efficiency, wealth preservation, and sustainable living. Three key indices shape the rankings: Tax-Friendly Cities, Wealth Preservation Cities, and Smart & Sustainable Cities. Seychelles emerges as a notable entry for its growing influence in wealth preservation and sustainability in Africa. The 2025 Global Cities Report, published by Multipolitan, examines urban centers that provide favorable conditions for tax efficiency, wealth preservation, and sustainable, future-ready living. The study highlights cities around the world that combine strong governance, resilient infrastructure, and strategic economic policies to help residents protect and grow their assets over the long term. The report is built on three indices: The Tax Friendly Cities Index 2025 This evaluates metropolitan areas in the top 20 tax-friendly countries and ranks 164 jurisdictions based on multi-metric national-level assessments, excluding high-risk locations for political or security reasons. The Wealth Preservation Cities Index 2015–2025 This identifies the 25 cities that best safeguarded individual wealth over the past decade using a two-stage process combining national-level filtering with city-level scoring; and; The Smart & Sustainable Cities Index 2025 This builds on the wealth preservation rankings to identify cities most likely to maintain long-term conditions for investment and prosperity, focusing on digital readiness, climate resilience, and political stability. According to Gabrielle Reid, Head of Insights at Multipolitan, individual wealth today faces increasing exposure to forces beyond personal control. Emerging geopolitical shifts can disrupt capital flows, domestic political changes can reshape tax regimes, and macroeconomic headwinds can erode purchasing power, all of which may undermine the real value of personal assets. ' For individuals focused on safeguarding their wealth, the local environment plays a critical role. In this context, where you live can matter as much as how you invest when it comes to wealth preservation,' she added. Global Top Cities Rankings Among the cities ranked, Abu Dhabi, Dubai, and Singapore top the Tax Friendly Cities Index, offering favorable tax environments that attract global investors. Zug, Hong Kong, and Basel lead the Wealth Preservation Cities Index, while Wellington, Copenhagen, and Singapore rank highest on the Smart & Sustainable Cities Index. Notably, Seychelles is the only African nation to appear in the global rankings, featuring in both the Wealth Preservation and Smart & Sustainable Cities indices, highlighting its emerging role as a wealth-preserving and sustainable hub on the continent. S/N Tax Friendly Cities Wealth Preservation Smart Cities 1 Abu Dhabi Zug Wellington 2 Dubai Hong Kong Copenhagen 3 Singapore Basel Singapore 4 Manama San Francisco Vaduz 5 Doha Singapore Basel 6 Zurich Tel Aviv Zug 7 Hong Kong Seattle Stockholm 8 Kuwait Sydney Sydney 9 George Town Luxembourg Reykjavik 10 Hamilton Amsterdam Melbourne These rankings provide investors and high-net-worth individuals with a comprehensive view of cities that combine favorable taxation, resilient wealth protection, and sustainable, future-ready urban environments. Singapore, Hong Kong, and Switzerland emerge repeatedly across the three indices due to their unique combination of financial stability, favorable tax regimes, and advanced urban planning. Singapore tops the charts in tax friendliness, wealth preservation, and smart cities, offering low and predictable taxes, a robust financial system, and strong political stability, alongside significant investments in sustainable and technologically advanced infrastructure. Hong Kong features prominently in tax-friendly and wealth preservation rankings, reflecting its longstanding role as a global financial hub with secure banking and resilient economic policies. Swiss cities such as Zug, Basel, and Zurich appear in wealth preservation and smart city indices, benefiting from strong legal frameworks, political stability, and forward-looking urban development.
Time of India
23-07-2025
- Business
- Time of India
UAE: Abu Dhabi, Dubai ranked world's most tax-friendly cities for 2025; GCC dominates global top 20
Abu Dhabi and Dubai now top the list of the world's most tax-friendly cities 2025/ Image: File TL;DR Abu Dhabi and Dubai rank first and second in a global list of tax-friendly cities. Seven Gulf cities, including Riyadh and Doha, made it into the top 20. The ranking is based on tax laws, governance, and legal structure. Abu Dhabi and Dubai now top the list of the world's most tax-friendly cities, according to the 2025 Tax Friendly Cities Index by Multipolitan. But they're not alone. The Gulf region as a whole is quietly building a strong reputation as a stable, low-tax hub for global wealth. The new index, which forms part of Multipolitan's Wealth Report 2025: The Taxed Generation, is the first of its kind. It's based on hard data, statutory taxes, treaty networks, and legal and governance strength, across 164 countries. This matters not just for the ultra-wealthy, but also for professionals and business owners who want to protect and grow their assets in a stable environment. What Is the Tax Friendly Cities Index? The Tax Friendly Cities Index ranks major cities within the most tax-favorable countries. It uses a multi-factor scoring system, looking at: Tax rates and structures (income, property, inheritance) Double tax treaty coverage Governance and legal strength According to Gabrielle Reid, Head of Insights, Multipolitan, "In a world where wealth mobility has become increasingly fluid, taxation remains one of the most powerful levers influencing where high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) choose to live, invest, and preserve their wealth." This index isn't about loopholes or tax havens, it's about predictable, efficient systems where residents and investors know what to expect. UAE Leads the List Abu Dhabi ranks first overall. It offers low property-related fees and a robust legal system, which gives it an edge even over Dubai. Dubai, ranked second, stands out for its global connections, business infrastructure, and strong treaty network. Its long-standing appeal to mobile professionals and investors is backed by years of economic planning and policy stability. Both cities reflect the UAE's ongoing push to become a global wealth management and lifestyle hub. Their legal clarity, infrastructure, and tax advantages make them highly attractive, not just for the ultra-rich, but for any global resident thinking long term. Gulf Cities Dominate Seven Gulf cities made it into the global top 20, pointing to a wider regional shift. Alongside Abu Dhabi (#1) and Dubai (#2), Manama (#4), Doha (#5), Kuwait City (#8), Riyadh (#12), and Muscat (#17) also ranked high. These cities offer more than just low or zero income tax. Governments across the region are building stronger legal systems, improving financial regulation, and investing in infrastructure. They're making it easier for global investors and families to settle and operate with long-term confidence. This shift isn't just about paying less tax. It's about stability, structure, and planning for the future in a world that's changing fast. Full Top 20 Tax-Friendly Cities (2025) According to the 2025 Tax Friendly Cities Index by Multipolitan, these are the top 20 tax-friendly cities this year: Abu Dhabi Dubai Singapore Manama Doha Zurich Hong Kong Kuwait City George Town Hamilton (Bermuda) Macau Riyadh Stockholm Bucharest Port Louis St. John's Muscat Prague Sofia Tallinn FAQ 1. Why did Abu Dhabi rank higher than Dubai? Abu Dhabi has slightly lower property-related fees and stronger legal structures, giving it a small advantage over Dubai. 2. What kind of taxes are considered in this index? The index looks at income taxes, property-related taxes, inheritance rules, and tax treaties, plus overall governance. 3. Is this only relevant to the super-rich? No. While the index focuses on high-net-worth individuals, the insights apply to anyone considering relocation, investment, or long-term financial planning in a stable, low-tax environment.
