A new Wealth Report 2025 by global mobility platform Multipolitan has revealed that Abu Dhabi and Dubai are now prime destinations for wealthy Nigerians — including high-performing entrepreneurs and SME owners — seeking to safeguard their assets against political, economic, and climate-related risks. Singapore also ranks among the top preferred locations for long-term wealth management.
According to the report, titled "The Taxed Generation", these cities stand out for their legal stability, predictable governance, and strong infrastructure resilience — factors that are increasingly vital for Nigerian business leaders aiming to protect their capital in a volatile global economy.
Chee Okebalama, Multipolitan's Executive Partner for Africa, noted, "Wealth that sleeps in uncertainty isn't wealth; it's a risk. Cities like Singapore, Abu Dhabi, Doha, Wellington, and Copenhagen top our indices for governance, stability, and readiness for the future. We help families gain residency in cities that reflect these values."
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The study shows a shift in Nigerian wealth strategy from chasing high returns to prioritizing capital preservation. For SMEs, this could mean exploring international residency, offshore structures, and diversified global holdings to strengthen financial security.
Nicholas Michael, Group Head of Market Development at Multipolitan, added, "Where you place your wealth can matter just as much as how you grow it. The UAE and Singapore aren't just attracting capital; they're protecting it through fiscal prudence and stable governance."
The report also names five other Gulf cities — Manama, Doha, Kuwait City, Riyadh, and Muscat — among the world's top 20 destinations for wealth protection.
For Nigerian SMEs and entrepreneurs, these insights highlight the importance of geographical diversification not just for investments, but for safeguarding business continuity and legacy planning.
