1. Zero Tax
The new law introduced in 2018 allows for 100% foreign ownership of companies and real estate within free zones, making this a great location for worldwide investment. Dubai does not impose any personal income tax, capital gains tax or withholding tax. The Dubai Property market allows investors from all over the world, unlike the local stock markets.
2. 10-year residency visa
The 10-year residency visa for investors and specialists makes this a beneficial opportunity to foreign investors and professionals. Being able to call Dubai your second home, work in the hub of the Middle East and enjoy amazing leisure and lifestyle offerings all year round.
3. Hub of the middle east
Dubai is the hub of the Middle East and the gateway for international trade, linking central Asia and the Sub-Indian continent. Dubai is home to 1/3 of Fortune’s Top 500 Companies and attracts business from all parts of the world. The accelerated growth and opportunities that are within this city make it
4. Extra ordinary Infrastructure & Real Estate Projects
It is no secret that Dubai strives to be the best, and have achieved this through its truly remarkable infrastructure and real estate projects, which are continuously pushing the boundaries of technology. It is home to the world’s tallest building, the Burj Khalifa, an incredibly designed man-made islands, the Palm Jumeirah and World Islands, amongst others. Building designs are modern and futuristic and are home to some of the world’s most iconic.
5. High Return on Investment
Dubai, known for its definite luxury ranks in top position of cities on real estate worldwide. Dubai ranks between the world’s ‘emerging cities’ and ‘new world cities’. Dubai’s rental market can achieve between 5% – 9% ROI for long-term residents as well as international tourists have proven to achieve high rental yields compared to many property markets of the world.
6. Lifestyle & Leisure
The Dubai Mall is the largest shopping mall in the world, making this a shoppers’ paradise. The mall itself attracts millions of tourist annually as this is one of the premier destinations for international brands and concepts, to the likes of Louis Vuitton, Bvlgari, Cartier, Roberto Cavalli, and Level Shoes, to name a few…
7. Hospitality & Tourism
With an array of luxury hotels and resorts to choose from, Dubai is the ideal destination for tourists travelling from all over the world. High end, branded hotel groups as well as signature and couture collection hotels have chosen Dubai as the ideal location. The tourism sector alone attracts millions of tourists annually, and thus is a huge part of the economy of Dubai. Dubai is also home to the prestigious Emirates Airlines, which travels to destinations all over the world.
8. Safety and Security
Dubai is one of the safest cities in the world with a low crime rate and a very efficient legal system. A good investor always makes sure that the city in which his/her property is located is safe, and the UAE is not only the safest country in the MENA region but in fact, one of the safest in the world with crimes and theft almost never heard of. This is one of the major reasons in which it attracts foreign investment.
