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PostPosted: Fri Dec 07, 2018 5:19 am    Post subject: which transformed Dubai's real Reply with quote

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What is the correlation between free-trade, real estate prices and holiday making? Perhaps, the first one ignites the race for the rest two. This has been taking place in Dubai's case for at least two decades now, and the lineage from free-trade to tourism is very apparent. Those likely to go on vacationing should therefore, learn about the various trade policies of the concerned region before making out their travel plans. Liberal governmental policies are bound to show up in the nature of hospitality that you might experience. If there are emerging signs of conflicts from within any administration T. J. Logan Jersey , better keep off from visiting that place and move on elsewhere.

Duty free shopping and well-planned infrastructure were two main reasons why so many tourists started flocking on Dubai's roads. Allowing freehold property ownership to the foreign nationals was another smart move, which transformed Dubai's real estate market dramatically. Speaking with any of the real estate brokers running their operations from Dubai, supports these arguments. Additionally, tax exemption to the corporate world has also played a crucial role in the booming real estate values. Companies are granted 15 to 50 years of tax exemption on starting up their operations in one of Dubai's free-trade zones. This financial paradise has ensured Dubai will continue to have a booming real estate market for many years to follow.

The level of foreign direct investment has begun growing rapidly in Dubai in the recent few years. According to some estimates, investments in the private equity market have already crossed the $1 billion mark. If this does not seem remarkable then you should note that it is expected to cross $2.5 billion by 2007. There has been a sudden turn around in the recent times and the companies looking forward to making the investments elsewhere have begun making the best out of Dubai's tax exemptions.

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