The advantages of buying real estate in the UAE:
An ideal geographical location
No tax
One of the safest countries in the world
20-year rate ekonomicheskeogo growth and stability - 7-8% GDP growth
Property is cheap on an absolutely convenient payment scheme
The cost of housing is almost equal to the cost of rent
High rental rate
Mortgage lending and low interest bank
State support in the design
Guaranteed Rezidenstkaya Visa for you and your family.
The process of buying real estate in the UAE:
Buying property in Dubai is easier than in many countries. Purchases are made at the construction stage, which usually lasts about two years. Moved 10-20% of the total value of the property and the object is assigned to the client. The country has extended the system by which 10% of the purchase price an investor pays when you book, the same amount in 3 months and then every 4 months to 10% .0 Either story-payment system.
For additional guarantee a buyer can always resort to legal services. Full execution of the deal through his lawyers will cost an average of 3000-4000 dollars. For the use of bank account of the law firm, if the client does not wish to transfer money to accounts of estate agent, you must pay an amount up to $ 1000. The good news for foreign investors will be that buying a property in the UAE is not subject to any taxes.
 Additional costs for the moment there is a tax that is paid to the Land Department upon registration of property: Department receives 0.5% of the sales value of the property from the seller and 1.5% from the buyer.
 Expenditure on the estate where there are no bureaucratic obstacles and constraints in timing with respect to the resale of purchased your property.
In Dubai there are no following taxes:
• Sales tax
• Tax on the acquisition of land ownership
• Property tax
• Property Tax
• Value Added Tax
• Tax on profit selling
• Tax on lodging
• Property tax movement
• Tax on inheritance
Just remember that the main rasshodom the content is a utility, on the mainland, they are $ 26 per year per square meter. Banks. Credits. United Arab Emirates can be proud of the progressive banking system, which is presented to both national and foreign sectors. With a population of 3.3 million, the UAE has one of the world's highest ratio of banks' available capital. Now there are 21 local bank with 724 branches and 27 foreign banks with 109 branches.
With the policy of the Central Bank of the UAE, make excessive demands on capital adequacy as compared to international standards, UAE banks remain among the safest in the world.A wide range of services offered by banks to businesses and individuals, comparable to the services of banks of other countries in the structure of interest, costs and requirements for the minimum balance.
Advantages of the UAE banking system reflects a progressive innovation policy as a whole. For example, the National Bank of Dubai (National Bank of Dubai) in the last year has opened the country's first fully automated branch, equipped with ATM - machines and kiosks, allowing use of banking services in real time. The country is constantly improving the legal infrastructure to make banking services more efficient and more attractive to foreign companies, including simplifying the process for resolving commercial disputes and implementing a system of measures to prevent the laundering of "black" capital.
As a rule, all banks without much difficulty opening accounts for individuals - owners of a residence visa for non-residents it would make more difficult, in many respects the decision of the bank account opening will depend on whether a citizen of what country is the complainant.
UAE's banking system provides for individuals the opportunity to open the two main types of bank accounts - current and savings, although there may be a variety of options, including combined.
As a rule, people do not have a resident status of the country, can only open a savings account (savings account). The main difference between a savings account of the current is that its owner is not granted the checkbook and the ability to obtain bank loans. In this case, the owner of a savings account has the ability to make profits for their contribution. In this case, as a rule, each bank sets its interest rates
National Bank of Dubai (National Bank of Dubai)
This is a local bank, known for its friendliness toward non-residents (tourists and guests of the UAE). To open a savings account is required to deposit a minimum of AED 1000. UAE. NBD as well as Mie Bank, does not impose any penalties for failure to attend a minimum balance in your account.
Benefits of opening an account at National Bank of Dubai
- Access to your account through Card VISA ELECTRON. Danae multifunctional debit card gives you access to your account anywhere in the world. More than 22 million shops accept VISA ELECTRON payable, as well as more than 700 thousand ATMs accept cards with the logo of VISA, ELECTRON, or PLUS.
On the UAE account access is available via any ATM that accepts cards of the central bank's UAE SWITCH.
For individuals the bank also provides a service by telephone (including mobile) and via the Internet at anytime and from anywhere in the world.
Interest rates on savings deposits
Interest on savings deposits in UAE dirhams paid to the client by the bank every six months to June 30 and December 31 in accordance with the minimum balance is maintained for a month.
To open an account must be submitted
- Passport, together with a copy, certified by your overseas bank
- Reference letter from your foreign bank
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Buy real estate - UAE