Tuesday 2 June 2020

Vrinda Gupta

Education top reason for relocating from UAE

DUBAI, May 19, 2019

Education for their children is the main reason that people might relocate to another country outside the UAE, said Vazir Group, a leading home-grown UAE boutique advisory firm.

The independent survey, conducted by YouGov, also revealed that nearly two-thirds (63 per cent) of UAE nationals and residents people said they would be likely or very likely to move to another country other than the UAE or their home country

A better standard of living for the family and enjoying visa-free travel through access to a second passport were also key drivers for relocating, the survey found.

Top reasons for relocating to a foreign country:

1)    Better education for my children
2)    Better standard of living for family
3)    Enjoy visa-free travel by getting a second passport

Vazir Group’s managing partner Vrinda Gupta said that the results demonstrate the region’s commitment to family.

“The top two reasons for people potentially relocating to another country are both based around family values. Education is so important for many parents that they would consider a move abroad to facilitate a better experience for their children,” said Gupta.

“For those already looking at sending their children abroad to study, it can make financial sense to get a permanent residency in that country, because residents are often entitled to lower fees or even free education.

“The UAE is positively transforming through initiatives such as the 10-year visas that will encourage more people to stay in the Emirates, but there is still a demand for the security and stability of permanent residency and citizenship. It is worth noting that many global destinations do not actually require people to relocate to that country, but those families can still take advantage of visa-free travel, and key benefits such as education and healthcare.”

The survey also revealed that Canada is the most desired relocation destination. Fifty-eight per cent of those respondents considering a move abroad rate Canada as a preferred country, with destinations within the European Union (36 per cent) and the US (35 per cent) also popular amongst the surveyed UAE population.

“There are a range of schemes available that allow immigration through investment, but it is no surprise to see Canada, with its progressive policies and generous benefits for residents, at the top of the desirable destinations,” said Gupta. – TradeArabia News Service


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