The Middle East is growing up

There was a time, a few years ago, when the get-rich-quick tales from Dubai were true.  You could go out there, have a Ferrari within a year, and get a penthouse and a boat the year after.

Those times are gone.

They are gone because all that was built on credit.  They are gone because Dubai, as part of the UAE, has grown-up.

They are even introducing VAT in 2018, but personal and corporate income will remain tax-free for the time being.

Because it’s matured, the opportunities are still there but they are more of a long-game than a quick win.

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