A diverse economy with investor-friendly policies of the government includes some of the advantages for foreign investors in UAE. It has huge commercial, residential and tourism advantages because of strategic location.
The UAE boasts of a thriving economy with booming tourist industry, drawing interest and investment from all over the world. It is one of the most developed economies internationally which can be seen in its fifth ranking per capita GDP in the world.
In line with UAE’s economic success and un-sated demand for new properties, strong capital appreciation at an average of 20-40% p.a. is expected to continue for some years in the future along with rental yields of 6-10% p.a. which ensures success for investors. According to Abu Dhabi Chamber of Commerce and Industry, a thirteen per cent growth rate has been predicted for economy.
There has also been continuing liberalisation of policies and encouragement of foreign investment. Above all, the absence of taxes and low living costs are incentives for investors which attract foreign companies to establish business in the Emirates’ free zones and industrial cities.
There are also state-of-the-art shopping malls and recreational complexes which continue to be the attraction for investors and holidaymakers. For enabling property investors utilise overseas property safely and for wealth building, the IPIN Global was established.