You may have already heard that you don’t have to pay income tax when you resell real estate. The yield on local real estate can reach 10% per year, while in London and New York, it does not exceed 4–5%.
IFZA in the UAE presents significant business opportunities for entrepreneurs. This article explores the advantages of registering a business in this thriving economic zone.
With the rapid growth of inflation, the question of how not to lose your savings and where to invest them becomes especially relevant. One of the most popular options for saving money is investing in real estate.
In the world of real estate, Dubai occupies one of the leading positions, adhering to an innovative and progressive approach. It is interesting to consider the changes that will impact the market in the coming years.
When you open a business in the United Arab Emirates, it is important to understand that choosing a free trade zone (FTZ) is not just a formality. This is a strategic decision because a mistake here can result not only in loss of time, nerves, and extra money but sometimes in the destruction of the entire business. Before you sign the documents and invest in a license, let’s discuss how to prevent your dream from turning into a nightmare due to the wrong choice of FTZ.
The UAE resident visa is called Emirates ID. This is a plastic card with an embedded chip that contains information about the holder, fingerprint, and photograph. Today, the most popular reason for obtaining residency is the registration of a startup or investment.
We welcome all entrepreneurs and those dreaming of starting a business in the United Arab Emirates. Today, we want to share important information about tax incentives for businesses in Free Economic Zones (FEZs) in Dubai and other regions of the UAE.
Today, we would like to share with you our thoughts and experiences on a topic that often remains in the shadows when discussing business strategies – risk assessment in businesses in the Emirates.
Home to the world’s tallest building, the Burj Khalifa, Dubai is renowned for its impressive hotels and shopping centers. However 2003, a new project worth billions of dollars captured the world’s attention.
In recent years, Dubai has emerged as a prominent player in the global crypto and blockchain industry. By 2024, the city-state had not only consolidated its position as a major financial hub but had also become a magnet for crypto investors and digital currency startups. The Dubai government actively promotes crypto industry development by implementing regulatory measures and fostering a conducive environment for cryptocurrency transactions.
The Prophet Muhammad is known to have owned several fast camels, the most famous of which was Kaswa.
Many entrepreneurs consider the UAE an ideal location for business development due to its favorable tax policies. However, significant changes in standard tax procedures have occurred since the beginning of last year.
Projections indicate that the real estate market in Dubai will persist in its development and consolidation in 2024. In recent years, the emirate has made significant investments in infrastructure enhancement and the diversification of its economy, rendering it an attractive hub for business and tourism. Consequently, demand for real estate in Dubai remains buoyant, particularly for commercial and residential properties in prime areas.
Favorable rates for tourists and foreigners, fast, and affordable Internet in Dubai are key features highlighted in this article.
According to Forbes, we looked at three of the richest individuals in the UAE. In this article, you will find out who they are and how they accumulated their impressive fortunes.
Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.
Entrepreneurs from all over the world come to the UAE. They register their businesses there, obtain freelancer visas, and purchase real estate.
The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.
Despite popular belief, Dubai’s economy is somewhat dependent on the oil industry. During the period from the 1960s to the 1990s, oil did contribute significantly to the city’s coffers, but most of its revenues were invested in economic development. One of the main areas of investment was trade, which to this day remains the most important source of financial well-being in Dubai.
+30 % business growth. In the first quarter of last year, the number of business licenses in Dubai increased by 30%.
Today we would like to share important information about the business licensing process in the UAE. This stage is key when starting a business in this country, and a competent understanding of all aspects of licensing can greatly facilitate your task. Keep in mind that having a license will allow you to conduct business activities in the Emirates following the law.
The real estate market in the United Arab Emirates sets new records year after year, and in 2023, it grew by tens of percent. This growth is expected to continue next year as the Emirates confirms its reputation as a global business center. This factor, together with tax benefits and quality of life, attracts wealthy people from all over the world, increasing the demand for real estate and rental rates.
Many clients opt for real estate in the UAE due to its promising return on investment. In Dubai, for instance, the ROI ranges from 8 to 9%, contingent upon the property type and location.
The construction of Palm Jumeirah marked one of Dubai’s initial steps toward global recognition. The Crown Prince of Dubai, Sheikh Mohammed, pledged to create an artificial archipelago resembling a palm tree with 17 fronds by 2006. He aimed to transform the emirate into a premier tourist destination and luxury resort.
Dubai, one of the most developed cities in the United Arab Emirates, offers exciting opportunities for expatriates who own property in the region. Owning a property in Dubai provides not only economic benefits but also the full right to live in this dynamic and cosmopolitan city.
Today we suggest looking at this issue from a different perspective: let’s look at the benefits of working with an agency when buying and selling real estate in Dubai.
The liquidity of a real estate property refers to its ability to be quickly sold without significant losses in the original cost.
Price is the most volatile element in any market, subject to influence by various factors that can lead to unexpected consequences, often beyond the foresight of experienced analysts.
Real estate in the UAE, particularly in Dubai, attracts the attention of many, but not everyone can afford to invest a large sum right away. Like other developed countries, the UAE is actively developing a lending system that provides various options for those who want to become property owners.
One method to secure a residence permit in the United Arab Emirates (UAE) and attain tax residency is by either establishing a new business or acquiring an existing company. The decision between these options is…
