Over the last 40 years, Dubai has transformed from a local trading community into a mega city. With a population of over 3 million people Dubai now boasts 7-star hotels, huge shopping malls, several man-made islands and numerous business parks.
So why is Dubai such a popular destination for both people and businesses to relocate to?
Tax free
You get more for your money! The UAE Federal Government does not impose taxes on companies or individuals. This tax-free environment is a big lure for people as they see a rise in their disposable income. And of course, not only do you receive a tax-free salary but as food restaurants and other goods are untaxed as well, you can save a huge amount of money.
Technology
Even though it may be located in the middle of a desert, Dubai is now seen as one of the leading cities in terms of technology. Tech start-ups and Entrepreneurs are heading to Dubai and transforming it into an innovation hub. With huge investment from the government this dream is indeed becoming a reality and the city’s technology ecosystem is booming.
Infrastructure
Over recent years there has been huge investment in Dubai’s infrastructure to help alleviate the congestions issues that were previously seen in the city. As well as car hire, taxi’s, and buses, there is also the Metro Rail and tram to help you get around. The Metro currently operates two lines running through the financial and residential areas with extensive plans to extend these lines to offer more flexibility. Visit this website for further information: https://www.rta.ae/wps/portal/rta/ae/public-transport
Location
As Dubai is located between Europe and Asia it offers the perfect location to travel to many popular countries, with a huge amount being only a short flight of 5-6 hours away. In 2016, Dubai International Airport was the third busiest airport in the world, handling over 83 million passengers. Dubai also has two major commercial ports, Port Rashid and Port Jebel Ali. Port Jebel Ali is the world’s largest man-made harbour, the biggest port in the Middle East and is the 7th busiest port in the world.
Booming Economy
Dubai has one of the world’s fastest growing economies. Historically Dubai’s economy was built on the back of the oil industry but nowadays revenues from oil and natural gas account for less than 5%. Construction, tourism, technology and finance all add to Dubai’s dynamic and diverse economy. If you are thinking of relocating your business to Dubai make sure you seek advice from a professional company like Europe Emirates Group who will be able to give your guidance and expert help to ensure you and your business relocate smoothly and efficiently.
Climate
Summers in Dubai can reach temperatures of 41 °C. Summer months can be hot, windy and extremely humid, which does put some people off. But outside the extremes of the summer, Dubai is well-known for it’s sunny days and temperate weather making it a favourite location for those in search of warmer climates.
For more information about Dubai visit: https://www.visitdubai.com/en-uk/