Perspectives of investments into real estate in Dubai
World Bank published an analytical report “Doing Business in 2015” — XII edition of series within the project “Doing Business”, issued by World Bank and International Finance Corporation (IFC, enters WB group). New report shows rating of 189 states of the world according to index of creation of favorable conditions of doing business. UAE, being in rating on the 22nd place, confirms, no doubt, profit of choice of this country for investment to various brnaches of economy and organization of the companies. It should be noted also that Dubai has risen in the respective list in three positions for the last year and it is a good sign indicating systematic improvement of conditions. Possibilities for business in UAE are really unlimited as profitability of its doing in favor of what counts at least the fact, that is absent both individual taxation and the whole range of sector of economy; there are no restrictions on currency transactions and capital export.
In Dubai area of real estate is considered as one of the most profitable – one can get more dividends except for investments to gas and oil producing branch. Similar situation is accounted for the fact that firstly the country itself differs in very high level of life and welfare of population and respectively rent incomes can exceed all imaginable norms for other countries, and secondly touristic business is very developed – real estate can be both its basis and once again can be let out on lease to holidaymakers. In general the situation in the market of real estate in Dubai looks like more than attractive – it value is growing from year to year, even worldwide crises are unable to destabilize established tendency. Therefore any investment into it – is a wonderful perspective to increase own capital with the course of time.
Possibility of title registration in the name of both sole proprietors and legal entities accounts for investments into real estate in Dubai, sure, a range of SEZ is created in Dubai with special conditions of registration and conduct of company activity. If the company that purchases real estate does not conduct its activity in the area of banking business, hotel service, oil and gas industry and public catering, generally it is not subject to taxation. There are no quotas for property purchase, restrictions on its use after purchase and export of earned capital.