With a sea of job opportunities, it's no surprise that the UAE has become a popular destination for professionals looking for employment opportunities or career growth. Within the last decade, the UAE has attracted over five million job seekers, which has allowed the country to become one of the most culturally diverse countries to work in and live in.
UAE not only offers world-class infrastructure and comfort, but it's also a tax haven, meaning you don't have to break the bank to attain your dreams.
Therefore, if you have been thinking about living and working in this expats' paradise, here are some things you need to know:
The UAE's economy has remained stable and solid since 2000. That, combined with its steady growth in GDP of about 5% every year, makes it one of the most financially stable nations in the world. Another aspect that makes it a financial paradise is that ex-pats aren't obligated to pay income tax. Levying taxes against one's income is illegal. In addition, UAE residents also enjoy tax-free rental income and zero taxes on capital gains, inheritance, and stamp duty.
It's an alluring incentive and can allow you to save a significant amount of cash in the long run. However, to get the tax-free income benefits, you have to ensure that you don't have any responsibilities to another country for tax payment on foreign-earned and sourced income.
Maintaining the perfect work-life balance can be challenging, especially with the current global economic climate. Luckily, the UAE provides you with a diverse workforce and premium quality of life. Since the UAE community is enriched with various cultures from various states, this allows expats and emirates to mix with Arabic charisma, affluence, and foreign influences.
This makes UAE the perfect destination to try various foods, experience different cultural festivities, and traditions, and learn new languages. Expats can also enhance their careers by networking with different people every day.
According to a quality of life survey conducted in 2021 by Numbeo, UAE also provides citizens and non-citizens with the highest quality of living in the Middle East and African region. This is the eighth time in a row the UAE has been ranked as the top Middle Eastern country for living.
UAE is one of the most advanced and modernized countries in the world. It's an ever-growing network of roads, development projects, and ports –just bat an eyelid, and it's upgraded. In fact, according to a report published by design and consultancy firm Arcadis, Dubai and Abu Dhabi (both emirates) and Qatar remain the topmost lucrative markets for infrastructure investors internationally. Additionally, UAE offers car enthusiasts with favorable fuel prices. Petrol is extremely cheap, and even vehicles are available at a lower price compared to other countries.
In the UAE, glum, miserable drizzles don't exist. Instead, the country offers a warm and sunny climate – it experiences an average of 20,000 hours of sunshine every year with 13 hours of sun a day in June, which is the country's brightest month. Its most scorching month of the year, August, offers an average temperature of 36°C (96°F), while it's coldest, January features an average temperature of 18°C (64°F).
Location is also one of the essential things to consider when looking for places to work in and invest, and very few places can be as ideal as the UAE. The country is ideally located close to Africa, Asia, and Europe, meaning that destinations like Kenya, Greece, Sri Lanka, and Seychelles are all at its doorstep. It's the center of global trade.
For ex-pats, safety is an imperative factor to working abroad –you need to feel secure to work your best. Thankfully, UAE has been ranked as the second-safest country in the world to work in as of 2021.
Its high ranking has been attributed to its strict safety parameters, robust health sector, and Covid-19 vaccination campaign. It's been rated as the current world's most vaccinated country, with 70% of the residents fully vaccinated against the deadly virus.
What's more, it doesn't matter which time of day you step out. One can freely walk on UAE's states streets without the fear of imminent attacks or muggings. The UAE's crime rate is close to non-existent, and its police force is fast and efficient.
So, if you're thinking about starting a business, you can rest assured knowing that your firm with thrive in secure conditions. The country also offers an investor-friendly environment coupled with strict business laws that ensure you're safe at all times.
A recent survey conducted by HSBC revealed that the UAE is the fourth-best country in the world for ex-pats looking to establish new businesses. In this survey, the UAE's investor-friendly laws, job prospects, and salaries were highlighted as the critical factors for the country being an ideal place to establish a firm and get your dream job.
Its focus on diversity, innovation, infrastructure, and quality of life have made it the most favorable destination of choice for start-ups and professionals looking to grow and prosper in their careers.
It's no secret that global exposure can double or quadruple your eligibility and skills as an entrepreneur, and that's what you get if you work in the UAE. As the global trade hub, the UAE offers the best employment opportunities for your skills and expertise. Its economy keeps growing without any alarming fluctuations. That's why several international organizations like to operate from there.
These firms provide high-ranking jobs to professionals across the globe. Finance, hospitality, IT, real estate, and tourism are some but a few of the various flourishing sectors in the country.
After considering these factors, we hope you're feeling thrilled enough to think about grabbing employment opportunities in the UAE. As mentioned, the country provides you with excellent working and living conditions. Moreover, unlike other nations, the UAE offers you the opportunity to travel around the world. From the Middle East to Tunisia, Sri Lanka to Greece, and Nepal to Turkey, many exhilarating trips are just five hours away from this financial haven.
Therefore, if you've been looking to work internationally, it's time to start looking for assistance in the UAE visa facilitation and be a step closer to actualizing your dreams. It's now or never!
