Dubai moves five places left.
The Swiss Private Banking Group report called Dubai is a “firm chaldeder” in traditional wealth bastions such as London, Monaco and Zoco and Zurich.
Report noted the number of The high-net-worth-value individuals who move to Emirateto hit tax incentives and lifestyles.
“The momentum of millionaires moving to Dubai, beginning during the pandemic, predicted to continue,” in addition to the report.
Global Luxury Costs: Trends and Transfers
Singapore remains the most expensive city in the world for the third year running, followed by London and Hong Kong. Fourth Monaco is the fourth of the list, Zurich fifth, and Shanghai drops two places until the sixth. New York, Paris, and Milan surrounds the top 10, taking eight of the tenth spots.
For the first time since the survey began 2020, prices tracked by a basket of expensive things fall as “unique consumer prices.
Asia Pacific countries (APAC) dominated the list. However, the region only sees a small price reduced by 1 percent of the average across the region, which makes it stronger in all regions surveyed this year.
While Singapore and Hong Kong were first and third, Bangkok and Tokyo made the greatest jump, each rise in six places in 11IK and 17IKactually. Manila fell to 23rd despite a 7.5 percent increase in average price of local currency.
Mumbai, financial capital of India, moved to No. 20 in the world. Despite India’s position as an economic powerhouse increase, Mumbai remains relatively cheap for most services, especially friendliness and travel. This joint rank is the most expensive for a treadmill, but the cheapest across the board for LASIK.
The Christian Gattiker, research head, Julius Baer, commented: “Because of continuing uncertainty, our wonderful instincts’ the current situation ‘in the present situation’ in the present situation.”
the report It is shown that prices at hotel prices have raised 10.3 percent of Singapore, and fell 26.1 percent of Hong Kong.
London Rose On The Back Of A 26.6 Per Cent Jump In The Price Of Private Education After Legislative Changes And A 29.7 Per Cent Gain In Business Class Flights, but its appeals to a center for wealth Had a “Rather turbulent ride” over the past year with the abolition of non-domiciled residency status, which has helped cities Such as Dubai, Milan, and Zurich.
The julius baer’s livelihood index of 25 cities by analyzing residential property, cars, business class flights, school, deblation diner and other luxuries. The bank surveyed high-deal individuals with banks of household goods in US $ 1 million or more from February to March 2025.
