The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in
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UAE’s Ministry of Economy confirmed that the country is among the top 5 countries to achieve positive growth rates in the real economic growth index

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According to His Excellency Abdullah bin Touq Al Marri, Minister of EconomyAbdullah bin Touq Al Marri, Minister of Economy, the country’s GDP grew by 3.6 percent (AED 1.68 trillion) in 2023, compared to 2022. 

Meanwhile, constant prices in the non-oil GDP sector grew by 6.2 percent (AED 1.25 trillion) compared to 2022. Moreover, His Excellency Bin Touq explained that this percentage of the non-oil sector’s contribution to the state’s GDP reached 74.3 percent by the end of 2023, achieving a growth of 2.5 percent compared to 2022, making it the first in history.

Overall, the statistics rank the country among the top 10 economies in the world in a set of global competitiveness indicators related to domestic product. 

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