Properties22

Question by Some Prince: What type of visa do I need to buy property in Dubai? What type of visa do I need to buy property in Dubai? Thanks :) Best answer: Answer by CassieI traveled to Dubai in 2005 and did not need a visa to enter the country because I was an American. I sugguest you get in contact with the UAE embassy; they are the best at answering this question http://uae-embassy.org/ You can find contact numbers on this website. Add your own answer in the…. Click here to Read More

Indonesia to Reissue Tender on Mega Resort Project JAKARTA, 24 JULY, 2010: The Indonesian government will reissue a tender for a mega resort project in Lombok of West Nusa Tenggara to other foreign investors after Dubai-based real estate developer Emaar Property pull out due to financial problems, media reported here Saturday. Read more on Malaysian Digest Emaar records staggering growth in H1 Dubai-based real estate giant posts 122 percent growth in half-year 2010 thanks leasing, hospitality operations. Read more on Middle East Online Dubai developers face refinancing risk: Fitch Dubai’s property companies may face significant refinancing risks as the emirate’s real estate market will likely remain under pressure…. Click here to Read More

Question by alexmunro1971: Am I liable for US tax after selling my Dubai rental property? I am working in the US on a L1 Work Visa and have been here 2 years. I bought a condo in Dubai (tax free country) in 2004 and want to sell it to help finance a home here in the US. Obviously having invested in Dubai the idea was to avoid taxes, will I be liable once I move the proceeds from the sale to the US? Best answer: Answer by v bYou are considered a resident alien for tax purposes. Resident Aliens are taxed on worldwide income, so the gain from selling the property in Dubai is taxed at 15% on your 1040. You are liable at the time of sale, whether or not you bring the funds to the US. By the way if you have ANY bank accounts with a…. Click here to Read More

Question by Bishy: Can anyone advise on property investment in Dubai? I have seen a lot of publicity about property investment in Dubai. I like the city and would love to get a home there but the publicity seems too good to be true, has anyone bought a home in Dubai or heard of any fraud or something? Best answer: Answer by MikeYes its good to buy a home but please choose a good real state company because some of them are cheaters…just make sure that you know the correct real state to deal with…Good luck! What do you think? Answer…. Click here to Read More

Dubai Property: Buy and Guarantee Some Quality Time in Life If you are looking for investment opportunities, creating great value for money, Dubai can be just the right destination. The city offers varied options in buying good properties and homes. You can find different range of properties in some of the most desired locations. Choose anything from skyscraper to villas in ranches as your future dwelling place and enjoy living in the multi-cultured environment of Dubai. Whether you want to make a permanent relocation or seeking a commercial property for your budding purchase, choices are countless in Dubai. The on-going infrastructural growth and developments works are compelling investors to buy a space of their…. Click here to Read More