Dubai Retains Top Position Savills Executive Nomad Index Even New Countries Enter Ranking
Dubai Maintains Its Position as Top Destination for Executive Nomads in Savills Index
The latest Savills Executive Nomad Index ranks Dubai as the leading destination for executive nomads for the second year in a row. This is followed by Abu Dhabi in second place, Malaga in third, Miami in fourth, and Lisbon in fifth, highlighting the growing popularity of these locations among remote business leaders.
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The index, which ranks 30 destinations based on their appeal and ease of access for long-term remote workers, takes into consideration factors like internet speed, air connectivity, climate stability, prime residential market prices, and overall quality of life. These combined factors determine the overall ranking of each destination in the index.
In the United Arab Emirates (UAE), Dubai boasts the best flight network, while Abu Dhabi leads in terms of internet speed. These factors, along with tax efficiency, lifestyle, safety, and ease of doing business, make the UAE the top destination for executive nomads, according to Andrew Cummings, head of Savills Residential Agency in the Middle East.
As the global employment market becomes increasingly mobile, the executive nomad has emerged as a distinct and influential class of remote-working professionals. These individuals, who are often business founders, senior managers, or entrepreneurs, are drawn to locations that offer both connectivity and a high quality of life.
This year, the index has been expanded to include locations in new regions that now offer visa routes for long-term remote workers, such as Tokyo (11th place) and Berlin (28th place). These cities are not just major economic centers, but also vibrant cultural hubs, according to Savills.
Vancouver (18th place) and Auckland (9th place) have also been included in the index as they serve as important regional business hubs. Kelcie Sellers, associate director of Savills World Research, notes that the landscape for executive nomads is evolving, with countries like Canada and New Zealand offering long-term visitor visas that allow for fully remote employment for the duration of an individual’s stay.