There has recently been a lot of buzz about moving to Dubai by a lot of Canadians looking for lucrative returns, tax-free income and a secure investment environment. Even I have faced similar questions, and as Canada’s real estate market continues to be a challenging environment, Dubai does definitely offer a compelling alternative for investors seeking high returns and long-term growth, and even looking to move there.
This sparked curiosity in me, and after months of research, I’ve written an entire E-book on my findings, which I am giving out for free!!!
Some of the key findings are that Dubai’s real estate market is a better alternative due to financial incentives and lifestyle benefits. The launch of the 10-year Golden Visa program provided a significant boost to foreign investment, under which investors purchasing property worth AED 2 million or more are eligible for a 10-year renewable residence permit. Dubai offers a better average rental yield of 8-10% and there is no property or capital gains tax, lower entry price and booming demand. This makes this an unparalleled opportunity for Canadian investors to grow their wealth while enjoying various tax benefits.
The real estate marketplace is really competitive and always continuously evolving. Thus, the decision to buy or sell real estate should always take into careful consideration all such factors. In this vein, it is crucial to carefully evaluate your financial situation, long-term goals and local market conditions before making a decision.
As a real estate professional with over 20+ years of experience in the industry, I have first-hand witnessed the housing affordability crisis and worked with both buyers and sellers in this market in my every-day practice. If you need expert guidance for your buying and selling needs, please don’t hesitate to reach out to me.
Please fill out the form below to REQUEST A FREE COPY OF THE EBOOK:
*This E-Book and contents of the blog post are intended for information purposes only. Laws and regulations are constantly changing and it is the responsibility of the reader to make sure that the information is accurate before taking any action. This E-Book does not constitute any legal, professional or financial advice and the authors, publishers and distributors are not liable for any actions taken based on the information provided herein. Readers are advised to consult with qualified legal financial and immigration professionals before making any investments or relocation decisions.
SP Singh Ahluwalia 