Dubai is the new hub of globalization, industrialization and growth. This opens new doors to investments in this soaring city. The investment prospects here are bright, alluring and advantageous. The main reasons for this are the growth of the nation in all spheres-economically, politically and culturally. As compared to the other Arab nations, this city is astronomically different. This is mainly because it is more modern and cosmopolitan in its outlook. The other reasons for the bright investment prospects here are
o The exchange rate is highly favorable
o The weather conditions are sunny and pleasant throughout the year
o The nation is the epitome of industrialization and globalization
o The culture is very easy, modern and suits everyone
o The nation has a tax-free policy that is very pleasant for investors
o There is no Income tax or sales tax and this suits the lifestyle of everybody here
o Dubai has a strategic location on the globe. It is quite close to India, Middle East and Africa
o The companies here offer tax free salaries that allow employees to lead a richer lifestyle
o The real estate and property markets here are soaring
For the last two decades, Dubai has a steep, consistent and steady growth in its economy, infrastructure and political situation. Lots of foreign investors are attracted towards this nation because of these reasons. This place is the hub of business and a leader in Middle East.
In the international business scenario, this cosmopolitan city is the Center of free-port business. Every year, the number of tourists coming here soars. Because of all of the above reasons, the nation is emerging as a haven for investors. Many multinational and foreign companies have realized that this place is going to be the next big place globally and have opened branch offices here.
It is definite that this trend of growth is going to continue for many more decades here and thus, it is the right time and right place for investments.