Property maintenance in United Arab Emirates is relatively inexpensive because there are very few taxes.
The United Arab Emirates treats residents and non-residents equally with regards to taxation, making it a particularly attractive country. There is no tax on property purchases, annual real estate, capital gains, inheritance and gift or income and corporate revenue for both individuals and companies.
The United Arab Emirates has one of the most favourable tax regimes and treats residents and non-residents equally.
Few banks in the UAE grant mortgage loans to non-residents. Among those that do are Emirates Islamic Bank, HSBC, Mashreq Bank and Noor Bank.
The most popular locations for property buyers in the United Arab Emirates are Dubai and Ras Al-Khaimah.
Tranio gives you the heads up on which Dubai property to choose in order to secure the maximum rental yield.
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