| 10 Good Reasons to Buy Property and Invest in Dubai |
1. |
Dubai has no capital gains tax,
inheritance tax – or income tax. |
2. |
Dubai sits on the serene Gulf coast and enjoys year-round sunshine. |
3. |
Property prices have risen by more than 20% in the past 2 years
and capital growth on Dubai property is expected to be in excess of 15% per annum. |
4. |
Property is comparatively cheap
here compared to other major
cities. |
5. |
The purchaser of property in Dubai is entitled to a residence visa. |
6. |
Dubai is a country with many taxfree high earners and 5 million
visitors a year. |
7. |
Dubai has a very low crime rate. |
8. |
Dubai offers a cosmopolitan
lifestyle with a multitude of
entertainment options. |
9. |
Rental income from Dubai
property is presently between
8 and 10 %. |
10. |
The UAE Dirham is pegged to
the US dollar which makes
it a stable currency. |