Why Dubai is an Attractive City for Investors
The Global Investment Report by the United Nations Conference on Trade and Development (UNCTAD) issued in the year 2014, the United Arab Emirates is the second greatest recipient of the foreign direct investment (FDI) in Western Asia. Most foreign investors are mainly attracted by the Dubai’s economic stability, low cost of energy and more importantly, the tax-free environment for companies in Dubai. The absence of limitations on repatriation of profits also makes Dubai an attractive environment for both local and foreign investors. On the other hand, the Dubai’s government openness and support towards a diversified economy in Dubai play a crucial role in making Dubai an attractive destination for investors. Dubai is the most developed Emirates and is the second largest city in the country. Dubai currently hosts a significant number of expatriates living and working in Dubai while other have set up companies in Dubai.
If you need assistance and information on opening a company in Dubai, you can refer to our specialists in company registration in Dubai.
Investment opportunities in Dubai
Oil and gas industry is the most developed sector in Dubai. The financial sector In Dubai is also well developed, and it has favorable and flexible rules for foreign investors who are setting up companies in Dubai. The real estate market in Dubai also offers significant investment potential to foreign citizens. This is because the Dubai Government has created a regulatory environment that is highly flexible for investors purchasing properties in Dubai. Service and agriculture are also other industries in Dubai that have offered incredible investments possibilities and opportunities as they receive special investment schemes from the government of Dubai. The free zones of Dubai are also one of the city’s enticing attractions for foreign investors. This is because there are no limitations or opening companies in Dubai’s free zones. At the moment, there are more than twenty free zones in Dubai and the number is still increasing gradually.
The launching of the Dubai Smart City Program by the Government enables the foreign investors to access a modern infrastructure for company registration services in Dubai.
Why invest in Dubai?
The Emirate is already known as a regional and global center and leader in business. With the Expo 2020 which will be hosted by Dubai, there are many opportunities for both local and foreign investors that are expected to emerge. Foreign investors will also have access to a variety of business sectors including retail, construction, and transport. These areas are expected to be some of the most successful industries in Dubai. On the other hand, according to The Report: Dubai 2015 by Morgan Stanley Capital International, the logistics, and tourism sectors are also expected to expand in the next couple of years.
For a complete picture of Dubai’s economy and future investment possibilities, you can contact our experts in Dubai.