In terms of business opportunities, Dubai is well known destination of investors and industrialists across the world as it has a strong and stable currency-Dirham that is freely convertible. For investors and business men, Dubai holds plum investment opportunities such as zero restriction on the transfer of profit or capital repatriation.

 

However, if you are a real estate investor who wishes to invest in the real estate sector of Dubai, then it is a politically stable nation that also enjoys the privilege of economic security and stability. In UAE, you can avail the benefit of protection against intellectual property rights where you get clear laws on land ownership by the government. According the foreign policy of the UAE, foreigners can own up to 49% as a part of limited liability organizations and 100% ownership for professional organizations and its international branches under the free zone enterprises. The best part of Dubai’s economy is that it is a free economy where there is hardly any intervention of the government. Well, you are free from all corporate profits and income taxes. Custom duties are as low as 4% and nil foreign exchange control. Moreover, there is a stable rate of exchange between UAE Dirham and the US dollar. In fact, Dubai offers a well knit infrastructure that comes with finest telecommunication, transportation, industry and energy sectors. As stated earlier, Dubai has plum career prospects for hotels, banks, financial services, accounting firms, advertising agencies, schools, shopping centers, and recreation and accommodation facilities. Apart from a thriving real estate industry, Dubai has a favorable textile, metal, chemical, consumer electronic, petroleum and other industrial items.

Therefore, Dubai is one of the finest countries to stay and work as it provides ample growth opportunities and recreation facilities. Dubai is not only a hot and happening tourist spot but also a haven for business ventures. It is a paradise for investors and multinational companies across the world that come to the shores of Dubai seeking an open economy that has thriving international trade and stable economy. This makes UAE and Dubai a favorite of investors. However, apart from investors, Dubai has a shopping destination is an amazing place to rewind with family and friends.

Dubai is a cosmopolitan city with ultra modern features. It is strategically located between Asia and Europe and given its free trade zones. Its free trade zones are equipped with state of the art features such as world class business amenities, 100% ownership facilities by foreigners that too without any requirement of sponsorships. Some of the attractive features for investors include exemption from trade license as no legal taxes are charged by the government. In terms of industrial licensing, free trade zones provide you the benefit of nil taxation policy. Organizations that have a service license from the government of UAE can deal in contracting and banking services. In UAE, industrial manufactures are offered license according to their status, For instance are they local body, or a member of GCC of UAE.

Apart from oil and petroleum, real estate has become one of the most thriving sectors of Dubai economy. Given the burgeoning market of Dubai, various construction companies are making a foray into to the real estate industry of Dubai. Leasing one real estate is one of the lucrative business deals in Dubai. Given the foreign investment where big multinational companies such as Microsoft, Canon, Reuters, CNN and Mc-Graw-Hill are opening their branches in the free zones, real estate builders are basking in the glory of profit.