Billionaire Mittal chooses Dubai’s Naïa Island over UK / Image: FileWhy did the World's wealthiest choose Dubai? Naia IslandUltra-Exclusive Hospitality: The island will host the region's first Cheval Blanc Maison , part of the prestigious LVMH luxury group. This anchor provides residents with intimate, hotel-standard luxury services, from concierge to curated wellness and fine dining. The Cost to Naia IslandLooking aheadSteel magnate Lakshmi Mittal has stepped back from full-time UK residency and will spend far more time in Dubai and Switzerland as Britain tightens tax rules for the super-rich. By making Dubai his main residence, Mittal benefits from a system built on certainty and growth, most crucially offering zero inheritance tax.
