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Millionaires shift from Dubai to Italy, driving luxury real estate growth

By: We the Italians Editorial Staff

A growing number of high-net-worth individuals are quietly reshaping their global real estate strategies, and Italy is once again becoming a prime destination. After years in which Dubai symbolized the new geography of wealth, recent geopolitical tensions in the Gulf have pushed many wealthy investors to reduce their exposure in the region and redirect capital toward Europe.

Among European markets, Italy stands out for its combination of stability, lifestyle, and historically resilient luxury real estate sector. For a long time, Dubai attracted global capital thanks to favorable tax policies, fast administrative procedures, and the possibility of purchasing multiple units within the same development.

 

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