Investing in Dubai
Dubai is known as one of the best place to invest. Whether you want to invest in real estate, food business or hotels, you could not find any other better place than Dubai.
Dubai is known as a best place to invest in real estate and property, indeed, Dubai is, but there are more than just investing in real estate and property in Dubai. According to annual economy report of Dubai, businesses like construction, diamonds and gold markets also play an important role to generate revenue for the country. So, why not invest in Dubai?
Why to invest in Dubai?
Before investing in Dubai, the first question the investor asked from himself that why do he invest in the city of desert? Well, there are many reasons to invest in Dubai. Following I am sharing most important benefits of investing in Dubai which will makes to think about investing in Dubai seriously:
Taxation and custom duties:
There is no tax and custom duty in Dubai. Yes, this is true. Financial expenses like tax and duties by government eat one big portion of overall capital of business while if you are investing in Dubai, then you do not need to worry about these expenses at all. You can import products from any part of the world without worrying about custom tax. These taxation includes capital gain tax, personal tax and withholding tax etc.
Not just Dubai but all other Gulf countries have very cheap labor. These labors came from the countries like India, Pakistan, Indonesia, Bangladesh, Nepal, Sri Lanka, Philippines and Thailand. You can hire them in less than $1 per hour rate where the rate of per hour also depends on many things like nationality of worker and what type of work you are taking from them. As compare to Pakistani and Indian labor, the labor of Sri Lanka and Nepal is more cheap.
Dubai is an international market:
This is fact that there are more traveler in Dubai than real Arab who was born and raised in Dubai. People of Dubai who has nationality lives in minorities as compare to those who are living in Dubai due to many reasons like jobs etc. You will found the people of all countries in Dubai which is impossible to found anywhere else, which makes Dubai an international market and you can start any type of business.
Dubai is a busy city:
According to international Airport survey, Dubai is one of the busiest airport of the worlds in term of international passenger traffic. More than 10,000 people visit and leave Dubai as per Dubai international airport record where more than 45 million international passenger travel to Dubai every year. The reason behind such a huge international traffic is tourism and business.
Readymade infrastructure for you business:
The most frustrating thing due to which most investor fear to invest in other country is the infrastructure. It is very difficult to build office, factories and warehouses in other country. But to make it easy, Dubai is offering you all of these things readymade. Yes, whether you want to run a factory or looking for a place to start your office, you can get all of them readymade.
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