The Iran-U.S. war has made Dubai vulnerable! The DFM real estate index plummeted 20% in just a few days, wiping out all of this year's gains.


The "Safe Harbor + Zero Tax Paradise" halo has shattered, and many multinational companies are urgently closing offices: Nvidia temporarily closed its Dubai office, Amazon fully shut down in the Middle East, Google employees are stranded, and retail giants like Apple are reducing staff/closing stores...
A large number of HNWIs and high-net-worth individuals have lost confidence and are withdrawing or transferring assets.
Where will their next destination be? Singapore (safe + mature) or Hong Kong (close to home + Asian hub)?
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