Report: Dubai and Abu Dhabi ranked as top choices for global talent

The United Arab Emirates (UAE) is rapidly becoming a top destination for global talent, according to a recent report by the Boston Consulting Group (BCG). Drawing insights from over 150,000 professionals across 188 countries, the report titled “Decoding Global Talent 2024” highlights the UAE’s growing appeal on the global stage.

Ranked 14th globally in attractiveness, the UAE has seen a significant rise in its appeal to professionals worldwide. In particular, Dubai and Abu Dhabi emerged as the 3rd and 4th most preferred cities among respondents, showcasing the country’s allure for ambitious individuals seeking growth and opportunity.

The report identified the quality of job opportunities as the primary draw for professionals considering a move to the UAE, followed closely by factors such as income, tax benefits, cost of living, and overall quality of life. These elements collectively position the UAE as a leading destination for those looking to advance their careers on a global scale.

Maya El Hachem, Managing Director and Partner at the UAE BCG Office, emphasized the UAE’s reputation as a fertile ground for career growth, attracting talents from the Middle East and beyond. She highlighted the country’s strategic positioning, safety, progressive outlook, and exceptional job quality as key factors contributing to its appeal to the global workforce.

To further enhance its competitiveness and attractiveness to global talent, the UAE government introduced new visa schemes in April 2022 aimed at attracting professionals in sectors like private equity, venture capital, and artificial intelligence. This strategic move not only positions the country as a hub for innovation and entrepreneurship but also reflects its commitment to fostering a diverse and opportunity-rich environment.

Despite global uncertainties, the desire for international relocation remains strong, with a notable increase in willingness to move abroad for work in the UAE from 55% in 2018 to 73% in 2023. Engineering, health, finance, and marketing are among the key sectors where professionals exhibit a high willingness to work abroad, driven by financial motivations, career advancement, and an improved quality of life.

The report also highlighted the importance of factors such as housing, visa assistance, relocation support, language training, and legal financial advice in facilitating seamless transitions for global professionals moving to the UAE. The shift towards remote work, accelerated by the pandemic, has further emphasized the importance of adaptability and innovation in the evolving labor landscape.

Overall, the UAE’s rise in global rankings and its appeal to international talent underscore its position as a dynamic and attractive destination for professionals seeking growth, opportunity, and a high quality of life. With a strategic focus on innovation, entrepreneurship, and diversity, the country is well-positioned to continue attracting top talent from around the world.