deVere Group, a global leader in providing specialist cross-border financial advice to international investors and expatriates, has revealed the top three destinations where the organisation’s finance graduates will live and work in the first half of 2024.

These are the United Arab Emirates (UAE), New Zealand and Italy.

This trend reflects the growing demand for international financial advisory services from high net worth individuals in these regions, driven by robust economic opportunities and regulatory incentives.

Commenting on the findings, Nigel Green, CEO of deVere Group, said: “The UAE remains a key destination for graduates, supported by its strategic position as a global financial hub and its appeal to migrating millionaires.

“Foreign-born individuals make up more than 40% of the millionaire population in the UAE, and most of them require specialist financial advice.

“Graduates are attracted to the well-developed banking and Asset management systems, tax-free income and the opportunity to work in a vibrant, multicultural environment.

“In addition, the UAE offers various residency schemes for investors, including long-term visas for entrepreneurs and investors.”

New Zealand continues to attract graduates thanks to its progressive regulations and growing number of high net worth individuals.

“The country’s ‘golden visa’ program, known as the Active Investor Plus Visa, requires a minimum investment of $5 million and offers residency to wealthy investors.

“This, combined with a strong emphasis on quality education, healthcare and a high standard of living, makes New Zealand an attractive destination for those looking to relocate for career advancement and for its many lifestyle benefits.”

The combination of a rich cultural heritage and a dynamic business community makes Italy an excellent choice for graduates.

“The country is experiencing a surge in foreign-born millionaires, who are seeking Italy’s robust banking and wealth management systems, investment opportunities in global stock markets and high quality of life – and they will need international financial advice to ensure they make the most of their expat status financially.

Cities like Milan are particularly attractive for their financial sectors. Italy also offers the “Investor Visa for Italy”, which grants residence permits to non-EU citizens who make significant investments in the country, and provides access to the Schengen area.”

Nigel Green, CEO and Founder of deVere Group, continued: “We are delighted to see that the UAE, New Zealand and Italy are the preferred destinations for our graduates.

“These countries not only offer excellent career opportunities, but also meet the complex financial needs of migrating millionaires.

“Our graduates are well positioned to meet the growing demand for specialist financial advice in these markets, and contribute to their dynamic economies. At deVere Group, we strive to equip our professionals with the expertise and resources they need to excel globally.”

Other popular destinations for deVere financial sector graduates include Australia, Spain and Portugal.