There is reason why when people start making money. they move to dubai. I’m from canada and although i love my country.it has gone downhill. canada is not for entrepreneurs and same goes for almost every country in europe. the reason why i’m saying this is because if you make to much money. the government is going to tax you like cray and don’t get me wrong.
I actually don’t mind taxes, believe it not but once it starts.getting up to the 40% or 50%. I think it’s outrageous. Other hand, living in the UAE is amazing for entrepreneurs. If you make $100,000 you’re keeping $100,000.
After traveling 80 countries around the world I found that dubai is the best place to live and work. And this is why
1 This place is fast!
In just 49 years this place went from a desert to this wonderful place.
2 This place is diverse
90% of the population is made of immigrants and you get to make friends with people from so many different countries
3 Dubai has No Tax
Here no one has to pay income tax.
4 people are crazy
You have to be a bit crazy to build the tallest building in the world.and entire palm in the ocean.and a shark aquarium inside a mall. I’m a big fan of cities that are clean, hardworking and determined to succeed and this is why I call Dubai my home.
Millionaires worldwide are flocking to Dubai in increasing numbers, making it the 29th most popular city for high-net-worth individuals.
While countries such as the United Kingdom,China and India are losing their wealth, Dubai is expecting a nearly 4% increase in millionaires by the end of 2022; that’s four times the number of millionaires it attracted pre-pandemic.
The world’s wealthy have been drawn to Dubai because of its tax-free environment, luxurious lifestyle, and its position as a global hub for business and finance. The city offers a wide range of luxury apartments, villas, and exclusive residential neighborhoods.