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Why Dubai

Why Invest In Dubai?

In summary it's:

  • Tax-free
  • Cosmopolitan community
  • One of the world's highest standards of living
  • Low inflation
  • One of the safest cities in the world
  • Low cost of living
  • Stable currency
  • Peaceful co-existence of ethnic groups
  • Sunshine all year round

Dubai Means Business

As a leading regional commercial hub with a state-of-the-art infrastructure and a world-class business environment, Dubai provides investors with a unique and comprehensive value-added platform that makes Dubai the logical place to do business.

The Most Pro Business Attitude

  • Robust economic clusters including technology and internet hub, media hub, finance hub and health care hub
  • Dubai believes that “if its good for business, its good for Dubai”
  • Sophisticated fast track business initiatives (business set up in 20 minutes in free zones)
  • 139 of the G500 MNCs in Dubai, 9 out of top 10 present in Dubai
  • World class free zones

The Best Regulatory Environment

  • No Corporate Tax
  • No Income Tax
  • 100% Ownership in Free Zones
  • No foreign exchange controls, trade barriers or quotas
  • No restrictions on capital repatriation
  • Strong investor incentives and protections
  • Easy access to key decision makers

Consistently Strong Economic Outlook

  • 10 year GDP Growth 8%
  • Diversified economy - oil only contributes 10% to GDP
  • Stable currency – pegged to US$ at AED3.67:US$
  • Non-oil GDP growth of 9.6% per annum from 1990 – 2000
  • Only 1.7% of active population unemployed

Easy Access to Regional Markets

  • Total region population of 1.8 billion ($1.5 trillion of combined GDP)
  • Access to huge talent pool of 13.8 million skilled degreed candidates
  • World-class land, sea, air cargo infrastructure

Strong Foreign Trade

  • Third most important re-export center in the world (after Hong Kong and Singapore)
  • Member of the World Trade Organisation (WTO)
  • Trade ccounts for 16.4% of GDP compared to 14.5% for Singapore
  • 9.2% growth in non-oil trade between 1989 and 1999

Thriving Tourist Destination

  • 11.6% of Dubai's GDP is invested in tourism
  • Hotels rank amongst top in world
  • Over 2.8 million tourists visited Dubai in 2000
  • World class restaurants, beaches and tourist attractions
  • Internationally renowned sports facilities including rugby, golf, tennis, water sports, horse riding, dune driving and sand skiing.

Cosmopolitan Work Environment

  • Over 185 nationalities
  • More than 75% of UAE population expatriate
  • Strong work ethic
  • World-class international schools
  • Excellent facilities for leisure, sports shopping and health care
  • Progressive, tolerant and multicultural society

Island of Calm in a Turbulent Region

  • Stable economy with relatively low volatility
  • Continuous political stability since its inception in 1971
  • Ranked 23rd in 2002 Index of Economic Freedoms