Have you been searching for a new country that will provide you and your whole family a better quality of life, a sense of security, and an exciting world of possibility?
Would you like to maximize your entrepreneurial freedom to the fullest? Are you looking for a place that won’t bog you down and let you live your life exactly as how you want to?
If all these questions got a yes for an answer, United Arab Emirates is the country you are looking for.
The following are some of the perks of living in the UAE:
Affordable Cars
The streets of Emirates are like a playground to cars because of the cheap prices of vehicles in the country. Here, cars that are already more than 3 years of age are considered old can be replaced with a brand-new model. Another common reason why people in UAE switch cars quite often is because of the simple process of buying and selling cars.
Developed Tourism Industry
The government of the United Arab Emirates is going out of its way to ensure that tourists and locals alike feel comfortable. The beaches are well-equipped and many shopping and entertainment centers attract people from different parts of the world. For example, around 10 million people visit Dubai annually which brings significant income to the city.
Great Opportunities Await Foreigners
UAE has around 10 million residents, 70% of which are nationals from other countries. All the foreigners in the country are given high salaries and great employment opportunities, particularly for top-level specialists.
The average monthly salary in the UAE ranges from $4,000 to $7,000. Employees are also entitled to rental housing and profitable medical insurance from their companies. Most companies also offer their employees trips back home, cars, and other exciting bonuses.
Healthcare
A large budget of the UAE government is allocated to the healthcare sector, allowing doctors to use the most state-of-the-art technologies. This makes the country’s medical care one of the finest in the world, not to mention that it is also available to the locals for free. Expats who work in the UAE are also given healthcare insurance every year, and the cost depends on the specific type of offered coverage.
Well-Developed and Stable Economy
The prices for most services and products in the UAE almost stay the same due to the unchanging rate of local currency for the past few years. Many foreign investors choose UAE because of its friendly taxation system, which implies that the emirates and the country’s economy are well-financed. There are also new jobs created that contribute further to the development of the different economic sectors.
Good Local Tax Policy
The biggest benefit for people who want to invest or start a business in the UAE is the local tax policy. Foreign banks and the companies that extra natural gas, oil, and other minerals are the only ones mandated to pay taxes. This means that if you belong to a different industry, you don’t have to worry about paying taxes.
Hopefully, these reasons will be enough to convince you to consider UAE as your next stop for new real estate investment opportunities.
