Situated in the Arabian Gulf, Dubai is very different from the other Arab nations. It is not a political hotspot like the other Middle East Nations. It is the hub of liberalization, modernization and globalization. It is the social, tourists and business capital of the Middle East. It is a global business focal-point.
This is a modern and cosmopolitan city that has a highly business-friendly government. The state policies permit full repatriation [of profit and capital. There is no income tax or sales tax here. This tax free life style suits the people who invest here or settle here. When foreign Investors purchase freehold properties, they have full freedom to self occupy it or rent it out. When they sell it, they get 100% repatriation rights.
Around 4/5 in of the working population of Dubai consists of expatriates. These people are paid the most test salaries as compared to the rest of the world. Since these people enjoy tax free lifestyle, they do not mind shelling out Inhabitant rents. Thus, it is very easy to rent out properties to them as individuals or for the companies they work for.
Due to the above reasons, more and more international investors are lured towards investing in freehold properties as they are assured of handsome returns on the money they invest in such properties. Just like Hong Kong, Dubai has also grown from a gateway for other huge business nations to an independent business hub of its own; this city is vibrant and highly efficient. It has the right mix of a stable politics, relaxed society and tax free lifestyle.
The biggest and highly victorious free trade zones of the world can be found here. All the huge global business houses and multi national corporations are allured by the business and social opulence of Dubai and so they have all opened offices here. In fact it is said that all the Fortune 500 companies are active here and it is hard to find one that isn’t. The Government is also very friendly to the businesses and the rules and regulations are not so stringent, especially in the free zones.
All of these reasons are attracting foreign investor’s capital inflow into this country. This huge capital inflow is further abetting the growth of this country. Thus, this is the best time to invest in this nation and you can bet you will make a fortune out of your investment.
Why Invest In Dubai?
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