Dubai to announce more business reforms in September

These will attract more foreign investment and reduce cost of doing business. Dubai is set to announce a second round of incentives and measures in September to attract more foreign investment, reduce cost of doing business, stimulate economic growth and boost the emirate’s gross domestic product higher than 3 percent, a senior official said on […]

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UAE offering 10-Year residence visa for investors, doctors, specialists and top students.

The decision, made during a Cabinet meeting chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, further reinforces the UAE’s position as a primary destination for international investors and global talent. 10-year residency visa for foreign investors, professionals, and families, plus students. […]

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NO Increase in Dubai Gov. Tax for 3 Years

Sheikh Hamdan orders no increase in Dubai Govt. Fees for next 3 years. Investors cheer decision to freeze government fees, move seen boosting economic growth and private investments as Dubai government fees will not be hiked over the next three years. To Promote the social stability of citizens and the consequent positive effects on all segments of […]

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Escrow Account – Confidence raised for off-plan buyers

An escrow account in an off-plan project is a designated bank account for a real estate development project in which all the money paid by off-plan buyers and financiers is ring-fenced and then only used by the developer to construct and complete the specific project. Benefits for Escrow Account: Payments are made into an account […]

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Now you Can Pay in Bitcoin to Buy Property in Dubai!

The Knox Group of Companies, will launch a residential and commercial property development in Dubai valued at $325 Million, with residences that can be purchased in the digital currency bitcoin. The 2.4 Million square foot property venture called Aston Plaza and Residences consists of two residential towers and a shopping mall will be the first […]

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