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, your financial strategy needs to keep pace with your new life. From local tax considerations to cross-border investment decisions, wealth management in the UAE is rarely straightforward, but it doesn’t need to be complicated.
At Skybound Wealth, we specialise in helping expats build wealth, protect assets, and plan confidently for the future. Whether you’ve just landed or have been living in the UAE for years, we’ll help you make smarter financial decisions today and long-term.
For more information on wealth management contact us today.
We start by understanding why you’re moving to the UAE and what you want your money to achieve.
We analyse your assets, income, and any tax implications that come with your international footprint.
We create a customised wealth management strategy, taking into account UAE-specific rules, your goals, and your future plans.
From investments to retirement planning, we put your strategy into action with clarity and transparency.
As your life in the UAE evolves, so does your plan. We adapt it to reflect market shifts, regulation changes, or personal milestones.
Expats in the UAE face unique challenges. You may earn in dirhams, invest internationally, and eventually return to another country. We build wealth strategies that reflect this complexity and give you a clear path forward.
Here’s what we offer:
Access global opportunities with portfolios built for expats in the UAE.
Keep more of what you earn by using structures suited to your resident and non-resident status.
Wealth strategies that work whether you retire in the UAE or move again later.
Put the right protections in place to ensure your wealth is passed on efficiently.
Make your money work across borders without paying over the odds.
Protect your children’s future with smart planning tailored to expat families.
With over 20 years of experience, we’ve helped thousands of international clients move to the UAE with confidence and clarity. Our tailored approach to wealth management in the UAE has made us a trusted partner for expats across the region.
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
Whether you’ve just arrived or are planning your move to the UAE, now is the time to take control of your finances. We’ll help you protect your income, grow your wealth, and plan for the future.
Book a complimentary consultation today.