Finding investment property In Dubai is something that hardly seems like business, with so many breathtaking opportunities – but it’s also an ideal location as far as tax is concerned as well.
The kind of investment property in Dubai that is available makes the place a very lucrative destination for international property enthusiasts. In addition to investment property, Dubai boasts a world class infrastructure, and promises safe living and a dynamic business environment. When it comes to buying property overseas, Dubai has a lot of excellent reasons why it should be on the list of anyone considering overseas property investment.
Oil may be one of the crucial commodities in the country, but there is a well balanced and equally diverse economy of products such as tourism which has seen dramatic growth in recent years. Dubai has a very rich and well settled economic life and this too has contributed significantly in generating interest from property investors from around the world.
As is well known, Dubai boasts a sky-rocketing tourism industry. As far as investment property is concerned, Dubai promises a great deal of profit for those who invest resources in pensions, houses or other types of investments.
Putting these up for rent or lease helps to maximize the business and profit opportunities, and with no biased taxation, Dubai makes an ideal place to find investment property. To the benefit of foreign property investment, Dubai is one of the very few countries today that don’t add preferential taxation to offshore or onshore companies.
For those who want to find locally financed investment property, Dubai offers many types of packages for the various proprietary needs of investors in international property. These packages can be bought without even having local bank accounts, as local developers offer the purchaser numerous ways to find property investment in Dubai, and complete the sale easily.
With the expected increases in sales prices and rates on investment property, Dubai has continually attracted foreign investors. This currently seems set to continue in the foreseeable future. Also, for those who buy investment property in Dubai, the government also offers a special residence visa. This will allow them to live locally and manage their investment property, something which was unheard of in years gone by.
So if you are looking for a lucrative land management plan, investment property in Dubai may be a sensible addition to your international property portfolio.