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The ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has a vision for the Dubai economy that is clear and progressive. His government also has excellent years behind them, where huge commercial and real estate projects have been completed with speed and elegance, and, on a very tight time frame. The economic development of Dubai is truly impressive, and the outlook for future growth and advancement couldn’t be stronger. It is indeed the perfect climate to invest in commercial real estate in Dubai.
To help foreign investors and residents come and live profitably in Dubai, the government offers tax free income and capital gains, full ownership of property in free zones, full repatriation of capital and profits and no trade barriers. There is also a free flow of foreign currency, and a stable, freely convertible currency that is pegged to the US dollar. To make establishment extra smooth for foreign companies who wish to set up base here with Dubai commercial property, company formation is fast-tracked in the free zones.
This economic environment is just one aspect of the potential that Dubai commercial property has to offer. Dubai Luxury Properties can show you how your business can benefit from this incredible city. To learn more about the Dubai economic climate, and how it relates to your investment in Dubai real estate, please contact us. |
