The United Arab Emirates (UAE) is one of the world's youngest and most self-motivated countries. It has an open, liberal, pro-business regulatory climate, with no taxes on profits or incomes, complete freedom of capital movement, and 100 per cent foreign ownership allowed within free zones. It was founded on the 2nd December 1971, when the seven Emirates of the UAE previously known as the Trucial States decided to form a federation following the withdrawal of the British forces from the Gulf region.

The late Sheikh Zayed Bin Sultan Al Nahyan was the driving force behind the creation of the federation, consisting of Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. His Highness Sheikh Khalifa Bin Zayed Al Nahyan, Ruler of Abu Dhabi and Supreme Commander of the Armed Forces is the President of the UAE and Sheikh Mohammed Bin Rashid Al Maktoum, the Ruler of Dubai, is the Vice President and Prime Minister. The UAE occupies an

area of 82,880 sq km along the south-eastern tip of the Arabian Peninsula. Qatar lies to the west, Saudi Arabia to the south and west, and Oman to the north and east. The capital and the largest city of the federation, Abu Dhabi, is located in the emirate of the same name. The UAE has an estimated population of 4.1 million (as on 6-12-2005) and a GDP of US$186.2 billion (Dhs689 billion) in 2007.
The UAE has capitalized on its convenient location on the trade routes between Asia and Europe by building a fine tradition of being a good host and trade partner since time immemorial.

Its oil wealth and the hard work of its people headed by the President HH Sheikh Khalifa bin Zayed Al Nahyan, has turned it into a bustling advanced nation with one of the world's highest per capita income within 34 years of its formation. Although the UAE's GDP is highly dependent on oil, the country has recently begun reform programs to diversify its economy with a focus on tourism, services and real estate development.

Today, the UAE is at the center stage of the modern Middle East with around 9.5 percent of the world's proven crude oil reserves and 3.5 percent of natural gas reserves that make it a critically important source of energy.

The UAE is serviced by more than 65 international airlines, and has air links to over one hundred cities in the world.

Economy:

Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. There are substantial opportunities for doing business in the UAE. The country has an open economy with a high per capita income. It also supports a liberal economy and is committed to free trade, since it's a signatory of the General Agreement on Tariffs and Trade. There are no restrictions on profit transfer or capital repatriation. Import duties are low (4 percent) and in the case of foodstuffs, medicine, agricultural products, and items imported for use in the free zones are non-existent. Labor costs are competitive and corporate tax and personal taxes are nil. In addition every effort is being made to reduce the paperwork involved in establishing a business in the UAE. These factors combined with a strategic, accessible location, an excellent reliable infrastructure and an extremely pleasant and safe working environment promise well for future investment.

Why it is called "Intelligent Investment" in United Arab Emirates?

It has an open, liberal, pro-business regulatory climate, with no taxes on profits or incomes, complete freedom of capital movement, and 100 per cent foreign ownership allowed within free zones. Standard villa cost is up to ten times cheaper than London and almost half the price of Singapore . Soaring rental demands with a steady yield return of 8% and with the population growth in U.A.E. this return is predicted to remain well into the future. Outright ownership with freehold guarantees provided by most of the Property Developers.

Large gardens and parks, green boulevards with lush greenery, sophisticated high-rise buildings, state-of-the-art communication services and transport, international luxury hotel chains, rich shopping malls, and cultural centers all contribute to U.A.E. as a great place to live.