Why I’m Leaving New Zealand For Dubai

Summary

The speaker discusses their decision to leave New Zealand for Dubai, citing a need for adventure and better networking opportunities in their industry. They highlight the distance from family, harsh lockdowns, and lack of regulatory clarity on cryptocurrencies as reasons for leaving. Dubai's appeal includes no income or capital gains tax on crypto, a family-friendly environment, better healthcare, and schools, and the potential for their children to learn Russian. Despite acknowledging Dubai's flaws like extreme heat and air quality, they view the move as a family adventure.

Takeaways

• 🌍 The family is leaving New Zealand for Dubai, United Arab Emirates due to a desire for adventure and a change of scenery.
• 🏙️ Distance from family is a significant factor, with relatives in America and Russia, making visits challenging from New Zealand.
• 🧳 The individual has a history of traveling and living in various countries, seeking new experiences and opportunities.
• 💼 The lack of industry opportunities and regulatory clarity around cryptocurrency in New Zealand is a concern for the individual's career.
• 🏖️ New Zealand's strict lockdowns and travel restrictions during the pandemic made the individual feel 'trapped', influencing the decision to move.
• 💰 Dubai offers a tax-free environment for cryptocurrency, which is attractive for financial growth.
• 👨‍👩‍👧‍👦 Dubai is considered family-friendly, with many parks and facilities that cater to families, which is a plus for the family.
• ✈️ The move to Dubai significantly reduces travel time to visit family in America and Russia.
• 🏥 Dubai is perceived to have better healthcare and schooling options compared to current options in New Zealand.
• 🌡️ Dubai's hot climate and potential air quality issues are acknowledged as downsides to living there.
• 🌐 The individual is open to the idea of returning to New Zealand in the future after gaining international living experience.

Q & A

Why are the speakers leaving New Zealand?

The speakers are leaving New Zealand for a combination of reasons including a need for adventure, being far from family, and a lack of opportunities for their industry.

What is the main reason for choosing Dubai as their new home?

Dubai was chosen for its status as a global networking hub, regulatory clarity for cryptocurrency assets, and the absence of capital gains and income taxes.

How does the speaker feel about the distance from family in New Zealand?

The speaker feels it's very far away, making it difficult and time-consuming to visit family, which has been a significant challenge.

What impact does the speaker's industry have on their decision to move?

The speaker's industry, which is global and online, benefits from face-to-face meetings and conferences, which are difficult to manage from New Zealand due to its remote location.

What is the speaker's view on New Zealand's regulatory clarity regarding cryptocurrency?

The speaker is not satisfied with the lack of regulatory clarity around cryptocurrency assets in New Zealand, which adds to their decision to move.

How did the lockdowns in New Zealand affect the speaker's decision to move?

The harsh lockdowns and the inability to travel freely without the risk of not being able to return or having to quarantine significantly influenced the speaker's decision.

What are the speaker's thoughts on the cost of living and taxes in New Zealand?

The speaker is not a fan of the high taxes in New Zealand, especially considering the public services they perceive they are receiving in return.

How does the speaker view the quality of healthcare in New Zealand?

The speaker is concerned about the healthcare crisis in New Zealand, citing long wait times in emergency rooms and a lack of medical staff.

What are the speaker's expectations for their children's education in Dubai?

The speaker expects a significant upgrade in their children's education, with Dubai offering schools that are considered to be of a higher standard.

How does the prospect of living in Dubai align with the speaker's love for travel and adventure?

Dubai's central location makes it an ideal place for the speaker's love of travel and adventure, offering easier access to various global destinations.

What are some of the potential drawbacks the speaker acknowledges about living in Dubai?

The speaker acknowledges that Dubai has its drawbacks, such as extremely hot summers, potential air quality issues, and traffic problems.