Originally Dubai was a pearl fishing village and trading post from east to west, nestled on the Arabian Gulf. It was the seemingly boundless oil reserves that kick-started the region’s economic boom in the 1960’s, four decades of diversification have seen the UAE expand to become one of the most highly-developed, fastest growing economies in the world.
The boom in sectors such as construction and financial services, coupled with the zero income taxation, high standards of living and excellent climate, have seen many of the world’s leading companies look to establish themselves in the UAE, most notably in Dubai and Abu Dhabi. This in turn has led to excellent career opportunities in a number of industries for professionals looking to relocate to this region.
Salaries are calculated on a monthly basis, usually with basic salary, housing and transport allowances as components.
Payment is monthly into a local bank and is paid in UAE dirhams(Dh), which are also known as Arab Emirates Dirhams (AED). This currency is pegged to the US dollar.
Payment will be tax-free, which means there is no income tax deducted and there is also no VAT (sales tax) on purchases in shopping malls.
Mobile phone coverage in the UAE is extremely good, both nationally and internationally.
There are a number of English daily newspapers, such as The National and the Gulf Times.
There are also English radios and television stations, including the Dubai-based Dubai One, as well fox Channel, MBC and the BBC.
To legally work in the UAE you will need to have a ‘resident’s visa-sponsorship’, which means it’s necessary to have an employer sponsor you by offering you a job contract. The advantage of working within a freezone is that transferring roles to a new employer is faster and easier. Labour Bans cannot apply.
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