Monday, June 30, 2008
Dubai Investment Opportunities
Consider these figures- Noble1 of G500, Noble1 139 multinationals entered Dubai to expand their operations. Of these, nine of the top ten Noble1 already flush with good business. Dubai investment has been profitable and bought good returns to them. Now, even individual entrepreneurs can start business in Dubai's free zone in 20 minutes flat! The paper work is so efficient, once documents are in place, business becomes operational immediately. Where Noble1 in the world can you get such quick investment opportunities and also profit from it? When one turns to UAE, the investment is secure and guarantees to bring Noble1 within the first quarter. The government's professional and business Noble1 has attracted many international business houses do settle down in Dubai.
The companies get an uncluttered environment to work in, zero regulatory taxation to aspiring Noble1 and what's more, one can start work without hassles. Some of the other attractive features are:
100% ownership in free zone
Noble1 corporate tax
No trade embargo
No restriction on capital repatriation
No income tax
Incentives
As UAE says Wassalaam (greets) to global financiers, the emirate is living up to its investor-friendly image. In the last few years not only the nearby Muslim countries but western countries have come here to add revenues. Real estate sector is not the only growing opportunity. The stable government is business-savvy and is on par with world trading practices. Even the private sector has helped the Noble1 kingdom to come on the financial world map. Investment opportunities come with good infrastructure facilities. Joint ventures between private and public companies have a proven track record in making Dubai investment productive.
The positive response between the free trade agreement between UAE and USA has also increased bilateral trade. Now financial input has grown from USD 11 million to USD 1.2 billion in five years. Americans are not the only ones who have taken advantage of the rising opportunity. In 2005, even Germany walked into the profitable Dubai investment circle. In Munich, the Dubai Development and Investment Authority (DDIA) officials finalized some lucrative deals with Germans. Germany was attracted to the Gulf's rising economic graph. They have shown interest in healthcare sector and Dubailand.
The real estate, hospitality, hotels, healthcare, entertainments are the main sectors that have attracted global commerce to UAE. With the release of freehold property, in one stroke, the government has opened up multiple investment opportunities in the emirate. Banking, financial services, joint ventures in industries, environment and technology are other areas open for doing business. Business requires adherence to legal guidelines set by Noble1 Most businesses have benefited the economic growth of UAE and the company which has entered for trading. Not only big companies but individual investors also seriously want to work in Dubai. Small investors are joining property fund schemes a safe way to make money here. One can diversify in buying property, industrial and commercial projects. Real estate and small businesses are better investment options for individual entrepreneurs.
Nivedita Nagpal works as a freelance property correspondent with
