How to Be a Millionaire in the UAE: The Real Rules of Wealth in 2025
As featured in Arabian Business, Mike Coady, CEO of Skybound Wealth, reveals the real rules to building wealth and why reaching AED 1 million is just the start.
If you're moving to the UAE, insurance and healthcare planning should be one of your first priorities. With very limited public healthcare access for expats, private cover isn’t optional. It’s essential to ensuring your life here starts strong and stays protected.
At Skybound Wealth, we help expats moving to the UAE understand their options and integrate insurance into their wider financial plan, so your family is covered and your long-term plans stay on track should the worst happen.
For more information on wealth management contact us today.
We begin with a discussion about your healthcare needs, family setup, and current coverage.
We review what’s already in place, what’s required locally, and where you may be under or over-insured.
We design a personalised strategy that includes health insurance, life cover, and critical illness protection, all tailored to your life in the UAE.
We keep your plans up to date as your personal and financial situation evolves.
With the right protection in place, you’re free to focus on life, knowing your health and wealth are both secure.
When you’re moving to the UAE, insurance and healthcare cover work differently from what you may be used to. There’s no public healthcare safety net for most expats, and relying on employer cover alone may leave gaps.
Our healthcare and insurance planning helps you:
Choose a policy that reflects both your medical needs and the realities of living in the UAE.
Make sure your family is protected financially if the unexpected happens.
Secure income and support if you’re diagnosed with a major health condition.
Keep your finances stable if illness or injury impacts your ability to work.
Reassess your coverage before or after moving to the UAE to ensure it's still fit for purpose.
We help expats moving to and living in the UAE plan properly from day one. Insurance is not just a safety net, it’s a key part of a complete financial strategy, and one that we make simple, structured, and personal.
Wherever you are in the world, our team of expert, qualified advisers is ready to guide you.
We bring international experience, local insight, and a personal approach — so you can move forward with clarity and confidence.
Ian P
Reinhard Mahn
Ammar Abbas
Sorting your insurance and healthcare is one of the most important steps when relocating. We’ll help you understand what you need, what you don’t, and how to plan for a secure future in the UAE.
Book your free consultation today.