London, Oct 26 (ANI): Celebrity chef Gordon Ramsay has revealed that he will soon be moving out of the UK and settling down in Dubai with his family to escape the gloom of recession.

As per the new figures, Ramsay, 41, is the worlds highest-earning chef with a business empire soon to be worth 100 million pounds.

Im going to move to Dubai full-time in five years. Thats my ambition, News of the World quoted him as saying.

The Kitchen Nightmares and The F Word star, has decided to emigrate with wife Tana, their four kids and his mum.

Im looking at a plot at the end of one of the Palm Island branches. Mums in her sixties and she loves it.

Dubai is booming now. Everyones saying its going to be the next California or Monaco, because of its luxuriousness. Theres a real buzz about Dubai. Im proud to be a part of it, he added.

Ramsay gets 157,000 pounds an episode for US versions of Hells Kitchen and Kitchen Nightmares and he is expected to earn up to 15 million pounds this year out of the kitchen from television, books and endorsements.

With the worlds lowest tax ratesranging from 5 to zero per centDubai, part of the United Arab Emirates, is a magnet for millionaires and the Ramsays will be neighbours with the Beckhams, Rod Stewart and F1 star Michael Schumacher. (ANI)