23 07 2020

Why do people choose Dubai for immigration to the UAE?

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Dubai is the most popular Emirate in the UAE for immigrants and tourists. Why Dubai? In this article we will try to answer this question.

You have probably heard about the tallest building in the world - Burj Khalifa, about the largest shopping center in the world, Dubai Mall, and about a magnificent piece of engineering art - the Burj Al Arab hotel. All this is located in the most famous metropolis, in Dubai. The whole world is watching the development and growing popularity of this city. It is worth noting the huge contribution of the ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. It was under his leadership that Dubai became one of the most recognizable cities in the world.

What percentage of the total GDP do you think is the oil and gas industry? There is an absolutely wrong belief on this issue. You may be surprised, but the share of oil production in GDP is less than 2%. Back in 1981 the share of business related to oil production was over 55%. Over the course of 40 years, there has been a decrease of more than 26 times. The Dubai authorities were thinking about diversification long before the onset of the crisis in the oil and gas industry, and it was a truly ingenious decision that put Dubai in the fifth place in the ranking of the countries with the most actively developing economies. The diversification of income sources allowed the development of tourism and international trade, which, in turn, had a positive effect on GDP per capita and on its level of employment. In Dubai, about 45% of the population are people under the age of 29. It should be noted that this stratum of the population has a decent education and actively uses the advantages offered by Dubai for business or work.

A huge number of companies in the field of IT, media, tourism, construction, finance and legal services have opened branches or completely moved to Dubai. As a result, there has been a continuous growth of the expat community.

One of the main goals of Dubai is over 20 million tourists during the year by 2021.

According to forecasts, the development prospects of Dubai are truly great. Dubai expects a population growth of 3 million by 2021. Do not forget about the World Expo 2020 exhibition, which was postponed to October 01, 2021, from which an influx of 25 million guests is expected. Now Dubai is actively expanding its transport infrastructure and focuses on the tourism sector.

Dubai respects cultures, beliefs and traditions as the United Arab Emirates is a tolerant and liberal country. Tourists from all over the world are attracted by the incredible beauty of architecture, beaches, sea, year-round warm climate, a large number of places for shopping, restaurants and cafes. To describe the emotions of being in one of the most beautiful cities, you need to visit it at least once.