Dubai is making progress by leaps and bounds and offers lucrative investment opportunities at all levels. It managed to take place in top six capitals in 2015 after attracting AED28.6 billion in greenfield. On the other hand, AED 111 billion real estate transactions were done in just the first half of the year 2018. To boost the investment opportunities and encourage investors, the management has announced 10-years visa grant and set feasible rules for both local and foreign investors to work freely in the area.
No matter what direction the market turns and which way investors find beneficial, Dubai is the first choice due to the unparalleled investment opportunities. The attractive prospects are not limited to a certain business rather they are spread to every field of life. Here, it would be unjust to not mention Dubai Financial Market (DFM) that is a government-owned stock market exchange and ensures to provide the best business opportunities to customers and help them to introduce new products and services. DFM is also responsible for establishing a transparent environment and liquid settlement for businesses.
Dubai Financial Market isn’t limited to just one city, but has connections with the Middle East and South Asian countries too. Dubai International Financial Center (DIFC) is a big market rooted in Africa, the Middle East, and South Asia (MEASA) markets. If we talk about the history of the DIFC, then it’s an independent regulatory authority established in 2004. It has its own independent systems including judicial system, tax-friendly free zone regime, global financial exchange, a system that caters cosmopolitan business communities.
A large number of private investors, international outlets, art galleries, cross-industry hotels, and financial intuitions are working under the supervisory of DIFC.
Tax-Free Investment Opportunities
Probably, Dubai is the only city offering tax-free investment opportunities and DIFC offers absolutely free foreign ownership that is governed by a common law framework. Remember, DIFC is an independent free-zone that has no link with the legal UAE system. Corporate investors can avail the benefit of zero taxes policy applicable for 50-years. Due to these policies, Dubai left behind all regional cities and ranked 18th globally in the list of Global Financial Centers Index 2017.
The well-developed city also has a well-structured governing body regularity ecosystem which makes it highly favorable for all types of business investors including SMME sector and large-scale organizations. Moreover, it also offers flawless security to investors and creates an environment that boosts the progress of the projects. No matter, you talk about individual rights or legislation, the city ensures reliable and fair regulations and preserve their rights.
To assist the inward investors of the city and help them in the best possible way, Dubai FDI is working eagerly and under the supervision of the Dubai Economic Department (DED). It provides complete guidance to investors, informs them about business prospects, and helps them in decisions & management. From legal advice to identifying the best business opportunities, FDI offers complete support to investors and always welcome their queries. Even you can contact FDI if you want to know about new government and private projects and need contact details.
Investing in Property
Foreign investors can also avail equal investment benefits like an inward investor. They can buy residential properties including homes, villas, and apartments and enjoy the complete ownership. Moreover, stock opportunities and partnership liberty are open for them while Real Estate Regular Authority is always there to help them in defining and setting the legal contract between two parties.
The other services include planning, evaluating, and organizing projects related to the real estate sector, license, and real estate activities. Moreover, the department also helps to monitor projects financially and technically.