Dubai Cost of Living compared to USA
Dubai has attracted tourists and business partners from around the globe since it was discovered. Dubai is a United Arab Emirates (UAE) based emirate that has become a popular tourist spot due to its sunny weather and the shopping malls and hotels. It has all the elements required to lure tourists. However, it is a very expensive place to live. The cost of living in Dubai is much higher than in the US and other western countries. This article will show you how to live in Dubai at a reasonable cost.
The most expensive area of Dubai is the Gold Coast. The Gold Coast is famous for its high quality of sand and for being the most party city in the world. But, the good side of living here is the low cost of living. Compared to the US, the cost of living in Dubai is about the same as France or Italy. The same applies to restaurants too. The people are educated and thus there are many professionals in the city.
If you have an MBA degree from an accredited university then you will get a nice salary and nice benefits like medical benefits and free accommodation. If you want to buy a house or port de la mer apartments Dubai then you need to be very clever in choosing the right properties at the right location. Since there is no planning permission needed for the construction of residential buildings in Dubai, the cost of land is much cheaper than in any other country. The government encourages the growth of the real estate market and the price of properties has been on a continuously declining rate over the last few years. This is another reason why people are moving to Dubai.
Another reason for emigrating to Dubai is the high standard of living that is offered by the employers there. In any other country, people need to work hard for earning a decent salary so that they can have some savings and assets to secure their future. Not so in Dubai where you can work hard for a couple of decades and still have plenty of money.
There are many foreign investments villas for sale in Dubai as the city has one of the largest oil refineries in the world. This makes it an important trading partner for world oil exporters like Russia, Norway, and France. The country’s stable economy is one of the main reasons for people from around the world to migrate to Dubai.
When you decide to live in Dubai, you will notice that the cost of living is considerably lower than in the United Kingdom. In fact the British people take the cost of living very seriously and this is one of the reasons why they have so much wealth. But in Dubai, the government has taken steps to reduce the cost of living for ordinary citizens. So the income earned by a citizen of Dubai can easily meet his needs and the government also spends a lesser amount on imports and exports.
Tourist influx has significantly lessened over the past few years because of the growing economic strength of the United Arab Emirates (UAE). Dubai however continues to attract many visitors from all over the world. Despite the presence of so many beautiful things and places, Dubai still manages to retain its very low cost of living. This is a very important factor considering how low the cost of living in Dubai is compared to the rest of the world.
It is impossible to deny that Dubai is a thriving and progressive country. Its culture, business, and jobs opportunities are simply outstanding. And with so many free things to do, there is no reason to wonder why hundreds of thousands of people from every part of the world continue to migrate to Dubai. Dubai certainly has much to offer and it definitely deserves the title of the “Cultural Capital of the World”. So if you are looking for a place where you can spend your retirement, then look no further than Dubai!