United Arab Emirates
The UAE plays a pivotal role in the Arabian Gulf, featuring advanced infrastructure, transportation, and communication systems. It is an ideal location for business, with convenient global connectivity. Dubai, the second-largest of the seven emirates, stands out as the UAE's most significant international city and a major financial and commercial hub.
Country Overview
The United Arab Emirates (UAE) is a key player in the Arabian Gulf, known for its modern infrastructure and advanced transport and communication systems. The country offers a favorable environment for business, with excellent global connectivity. Dubai, the UAE's second-largest emirate, serves as a major international city and a central financial and commercial hub.
Country Information
Residents of the UAE enjoy the nation's focus on innovation and entrepreneurship, along with its dedication to advancing art, culture, and education. The country also ensures a high quality of life for its inhabitants.
Population:
9.9 million
Languages:
Arabic, English, Hindi
Economy:
Free-market, rich in oil, natural gas production, and financial services
Currency:
UAE Dirham
Living in the United Arab Emirates
Located on the eastern coast of the Arabian Peninsula, the UAE is a constitutional federation of seven emirates and a center of innovation within Arab and Islamic heritage. Known for its luxury, the country features world-renowned high-end hotels like Abu Dhabi's Emirates Palace and Dubai's Burj al Arab. The UAE also hosts prominent arts, film, literature, and food festivals in the region. Its strategic geographic location makes it a key gateway to Africa, the Middle East, Asia, and Europe.
Dubai
The nation’s second-largest emirate, Dubai is home to both historic and modern landmarks including Dubai Museum, the Hatta Heritage Village, Burj Khalifa, the tallest tower, The Dubai Mall, the largest mall, and Palm Jumeirah, the largest human-made island.
The city also boasts a large expatriate community. Dubai ranks as the UAE’s most important international city and financial and commercial center.
Abu Dhabi
Abu Dhabi, the capital city, is renowned for the stunning Sheikh Zayed Grand Mosque and Yas WaterWorld, which is just minutes away from Ferrari World, a theme park for car enthusiasts.
The city features Jebel Hafeet, the highest peak in the emirate, and the Al Ain date palm oasis, recognized by the United Nations’ Food and Agriculture Organization for its significance in genetic resources, biodiversity, and cultural heritage. The oasis is also classified as a Globally Important Agricultural Heritage System.
Strong global competitiveness
In the 2021 IMD World Competitiveness Ranking, which evaluates how effectively a country fosters prosperity through economic well-being and executive surveys, the UAE was ranked 9th. This ranking reflects the nation’s strong performance in key areas such as innovation, digitization, welfare benefits, and social cohesion. The UAE achieved a similar position in 2020 and is the only Arab nation to have remained in the top 10 for four consecutive years. It was also ranked 3rd in government efficiency, 4th in economic performance, and 7th in business efficiency.
Residents of the UAE benefit from the country’s focus on innovation and entrepreneurship, as well as its advancements in art, culture, and education. The UAE ensures a high quality of life for its inhabitants.
A Favorable Business Environment
In 2021, the UAE’s gross domestic product reached AED 1.489 trillion, surpassing international economic forecasts and marking the highest rate in the region. Fitch Ratings Inc. assigned a AA- rating with a 'stable outlook' to the UAE federal government in November 2020, while Moody’s gave the UAE’s national economy a AA2 credit rating with a 'stable outlook' in December 2020, making it the highest sovereign rating in the region. Additionally, real estate investments in the UAE offer strong value for investors.
The UAE ranks among the top 30 countries globally for ease of doing business. Despite the introduction of VAT in 2018, UAE citizens and residents are not subject to personal income, capital, net worth, or withholding taxes (with the exception of taxes in the domestic banking and oil sectors), and the country has numerous double-tax treaties in place.
A Global Innovation Torchbearer — Leading Space Innovation Projects
The UAE has become the first Arab nation to reach Mars and ranks as the fifth space agency globally to achieve this milestone. On February 9, 2021, the Hope probe successfully entered Mars' orbit after a seven-month journey, at 19:42 Gulf Standard Time. Part of the Emirates Mars Mission, the probe is tasked with studying the Martian atmosphere.
Additionally, the UAE’s Emirates Lunar Mission aims to develop and deploy a lunar rover by 2024. This mission will investigate various aspects of the moon, including the thermal properties of its surface and the composition of its soil.
Furthermore, the UAE has set a goal to create the first habitable human settlement on Mars by 2117. The Mohammad Bin Rashid Space Centre is leading this ambitious project and has outlined a 100-year plan for its realization.
John Harris
Trust Path Visas made the complex process of obtaining citizenship seamless. Their expert guidance and timely updates kept us stress-free throughout. Highly recommend!
Posted on
Emily Roberts
I am grateful for the exceptional service provided by Trust Path Visas. Their team was professional, responsive, and dedicated to helping us achieve our residency goals.
Posted on
Michael Singh
The team at Trust Path Visas exceeded my expectations. Their personalized approach and attention to detail made the journey to citizenship smooth and successful.
Posted on
Sophia Martinez
Trust Path Visas turned what seemed like a daunting task into an achievable reality. Their expertise and commitment ensured that I secured my residency with ease.
Posted on
Linda Chang
The professionalism and expertise of Trust Path Visas were evident from day one. They navigated the complexities of residency applications with confidence.
Posted on
Anna Wilson
Trust Path Visas made the complex process of applying for citizenship straightforward. Their expert team was always available to answer our questions and guide us.
Posted on
Mark Stevens
The team at Trust Path Visas was exceptional in helping us secure residency. Their professionalism and commitment to our success were evident every step of the way.
Posted on
Jennifer Lee
Trust Path Visas provided outstanding service during our citizenship application process. Their expertise and timely communication made all the difference.
Posted on
Contact us today
Trust Path Visas assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation
Quick Contact
+880 1975-048056
(778) 316-3929
Canada Office: 9850 King George Boulevard, V3T 0P9, Surrey, Canada
Copyright © 2024 Trust Path Visas All Rights Reserved