Topic: Dubai is good example to other countries - page 2. (Read 242 times)

I think most countries should learn from Dubai, most especially the African countries that has different mineral resources, but they are still undeveloped because the people ruling them, talking of their leaders who instead of them to be thinking of how to develop the countries, are now using it to enrich their selves and family members as well as friends, all because of too much greed and selfishness. For a country to be developed they must have a good leader, the difference between Dubai and other undeveloped countries are just the rulers they have. Other underdeveloped countries with bad leaders can take example from Dubia.

Actually, I have seen videos by people on internet who hardly criticize Dubai has a decadent place and artificial place to live.
I cannot tell by myself, since I have never been there, but it would make sense, because from the news I have seen on the internet, it seems that exuberance in Dubai has much emphasis to the point the negative aspects are ignored by us.

Has anyone here read about the failure of the artificial island in their coasts, for example?

I've never been to Dubai but I certainly have been wanting to visit after seeing how much cool stuff they are doing of late, being on the forefront of a lot of technological advancements.  There are some negatives to Dubai though, one big one being their strict laws in certain areas. For example

" Another con of living in Dubai is the strict laws that are in place. While the laws in the UAE aren’t as stringent as some other countries in the Middle East, it is still an Islamic country, and individuals are expected to adhere to its culture and traditions.

Drinking in public, swearing online or offline, and many other things might get you into trouble, plus put you at the risk of a jail term followed by deportation. Something worth bearing in mind!" https://www.wisemove.ae/post/7-cons-of-living-in-dubai

That is not a country, that is landmass over well of oil, so you can imagine what kind of money they are having. It is so much money they are now building projects like The Line in the middle of dessert from Sea to the land. The project is going to cost billions of dollars eventually and yet they have taken it to the next level. I am pretty sure we can see why they are not having any tax payers and only the riches everywhere. The country is also wholeheartedly under the rule of family dictatorship thus making it one of the well managed and dreamy country. I am pretty sure same can not be followed in other countries where there are riots every other fortnights. Being rich is another story. You can have big pile of money and yet wont be happy about it and may want more, irrespective of the country where you live. Other countries are mixture of democracy, corrupt politicians, privatisation and much more which makes them not so good example of it.

Things are not as pretty as they seem, but, oh! yes, there are many things related to wealth, but it is actually a complex country to live in.

As they say, "you have to read the fine print well!"

For millionaires it's like the Disney but of a country, they enjoy it and see you later.

In any case, the comparative cannot be generalized only to wealth, so, the reasons for this can be very varied, but I find your context shocking in contrast to persons, very skewed and limited to what is a good individual example.

I think OP has a specific way of thinking, quality of life, they never have to do with wealth, well, that is not all.

Dubai in the 80s was a literal desert, but with good management and exploitation of its main asset, oil, they have led this country to a first world country in 40 years.

So, this is a good example of resource management, especially for countries that have oil and live in poverty (rich countries, poor peoples!), Brazil, Mexico, Colombia, of course the former world leader does not even appear in the Top3 Venezuela, then it is followed Argentina and Ecuador as the largest producers.

^{Source Pic:Ranking of the countries with the highest oil production in Latin America in 2020 (in thousands of barrels per day)}

All these countries, yes, they should look at oil management with the eye of copying, politicians do not manage the natural resources of these nations well.

But perhaps the most basic and limited freedoms that are coercive in Dubai are weighed against the happiness of the individual and leaves him always hoping that his country could be the next Dubai, since only oil is needed.(!?)

On the other hand, I would mention Norway as a great manager of its oil resources, in short, the point is that Dubai is what it is thanks to its good oil management, but that does not mean that it is culturally close to the West.

Dubai is city in the United Arab Emirates and the capital of the Emirate of Dubai, it's not a country.

If you think that any cheap laborer enjoys the fullest life in Dubai, then you are totally wrong. Dubai is a mega city secretly built by slaves. Have a look at this: Human rights in Dubai.

Yes, Tax-Free areas attract everyone. 100-200K is a normal money in UK, Canada and EU too, depends on your neighborhood. Usually, local people are always rich, it's always hard way for immigrants.
Have a look at this - List of countries by number of millionaires
Have a look at this too - List of cities by number of billionaires.

Can say the same about Monaco.

Okay, don't wanna go into full inspecting but I want to say that working class is creating a luxury life for them. Let's leave all those rich unskilled and uneducated people together in closed area and you'll see how the "empire" falls in minutes and then you'll clearly see that these rich people are nothing but a leech on working class.

At a depth of 10 to 40 feet below the earth's surface, the temperature can hover around 80° degrees year round. Given the massive demand for air conditioning in dubai. A good alternate option could be to dig large holes in the ground and develop real estate and living centers within it. In an area that will naturally be cooler, without requiring large amounts of energy generation to offset high temperatures. Trees and agriculture may also be easier to develop and maintain in dubai if they are grown inside trenches or pits which offer shade and low lying areas for water to condense and accumulate.

While dubai may be financially deregulated and law in some respects. There can be a downside in terms of some aspects of financial law having harsher penalties in contrast to western nations of the world. One example of this is the large number of exotic sports cars which are dumped and abandoned in dubai. Due to financial laws imposing harsh penalties against those who can't pay the monthly costs of luxury items purchased.

Dubai is definitely an interesting place filled with many intelligent, wealthy and knowledgeable business people. There are definitely opportunities and valuable connections which might be made there for the right person. Which is one of the reasons why many travel there.

But what about the weather? Is it really a good place to relax if it's too hot during daytime and too cold at night? I'd reconsider and will look for other places. The security is definitely a good one because people here are afraid to do bad things as they will pay worse if they are found guilty. IMO, it's only a good place to do business but not for vacation or enjoying family time. When it comes to that I'd pick a tropical place where the heat is just enough and so does the coldness of the night.
As a living place, Dubai is also not in my wish list because of the same reasons, and I have learned living there is expensive.

Compared to where I live, even compared to a lot of other countries, renting an office is more financially viable in Dubai, and in general when it comes to doing business.

It all sort of makes sense when I now look retrospectively to why so many companies I used to work with have a legal entity there

Dubai is not like you have picture it here and your title making same assumption that Dubai is an example to other countries but I don't agree totally on this. Dubai doesn't have freedom of religion to other people in their country, they are restricted in certain ways not to freely associate with others unlike countries like USA or Canada. Also the high paying jobs in Dubai are left or reserved to the people of Dubai alone but this is not so in democratic countries like USA.

Just don't be gay or a woman and forget about your freedom of speech, press, expression, labour rights or religion.
Or you are all for privacy but don't care about surveillance and corruption or that their prime minister had ordered NSO Group hacking his his ex-wife and her lawyers.  
That people are being disappearing and tortured or if human rights in general aren't really your thing but it's cool when you have oil money to build luxury, then Dubai a place to be.

Every nation aspires to be like Dubai, but due to a variety of factors, including poor leadership, extremely low per capita income, and intra-national avarice, some nations have lagged behind, which has had a detrimental effect on the populace. Anyone who has visited Dubai will agree that it is an incredibly well-organized nation where everyone works independently.

There are many other countries as well like Dubai where you can comfortably live and enjoy running your business, of course it's a center for commerce but one has to put some things into consideration before concluding on relocating there for business, know that it's a religious mindful country and the living expenses as well is high, the language barrier is also there, and you need to understand the weather conditions as well, living a luxury live there can be as easy as possible when you have your money and business already running well there and not that you're going there to have a startup except on special cases that the market has already been made available for you before arrival.

You forget to bring a comparative burden on the success that has been experienced by Dubai, so that what is exposed is only a problem of luxury, destination for tourist destinations and economic wealth sourced from oil, but you forget that the source of state revenue also comes from the tourism and aviation industries. Dubai adheres to a constitutional monarchy system and if I'm not mistaken at this time led by Mohammed bin Rashid Al Maktoum, so it is not surprising that the negative side in Dubai is not exposed to the media widely. Because there are limits that continue to be controlled for the media in making news, if you have friends who have been living there for a long time you can ask the negative side in Dubai.

Of course it is good to develop a crypto business in Dubai, because there is no company or personal tax that will be worn by the government there, for this reason people are encouraged to enter the region and build any profitable business. If you want to know more about the process of submitting and establishing a business in Dubai Business Setup in Dubai, UAE

Luxury, business, glamor, taxes that spoil foreign tourists, we can enjoy everything in Dubai. In the economic aspect, I agree with you that other countries may be able to imitate Dubai, but on condition that their natural and human resources are also comparable to Dubai. Because we all also know, dubai can be big like now it is oil and not all countries have it.

Bold part is very subjective. I've been to Dubai once, spent week there and honestly I never plan to go back. I wasn't impressed with absolutely anything there and the worst of all was the climate. And I wasn't even visiting Dubai during summer and it was hell. That is literally one of the last places in the world I would spend my time in if I had shit load of money.

Sure, city is good for business (especially if you are starting a crypto related business) but everything outside that is just awful as for me its completely soulless (expect the old part where gold market is) and artificial. Maybe if I was 15-20 years younger I would have a different opinion but at this point in life I value some other things more.

The problem is that in Monaco there is way higher prices.
Even If i would be rich i still don't want to spend so much money for nothing in Monaco.
In Dubai you can afford at least Luxury and your money last longer then in Monaco.

In Dubai you get the most of the quality service and Comfort for your money and while you DCA crypto whatever you spend Grow back some % becouse in dubai it's expensive but in Monaco there is grazy expensive

Absolutely everyone can't be rich, that's a fact.In order to feel good in Dubai, you need to already have a solid capital.Someone has to serve the basic needs of being a doctor or, for example, a firefighter.There are plenty of countries where people with a lot of money do not deny themselves anything and they do not need to move to another country.For example, I want to reach heights in my country, despite the fact that these are not the best times.

Dubai is good example to other countries this country is about to business.
No taxes it's off course it's country with build cheap laoubour but at least people who got money can enjoy the fullest Life in there.
Many people move in to Dubai becouse taxes are relaxed and Dubai it's obvious that everybody should have a lot money so Under 100-200,k in Dubai is just pocket money while in countries like UK eu canada the goverment treat you like you have disase If you have a lot money.

So Dubai is good place becouse you go there it's natural thing that people have a lot of money and Luxury is not Luxury but your basic rights.

Also If you deal with money in Dubai then small ammounts like 100-200k it's pocket money nobody dont ask silly questions from you becouse it's place where everybody have a lot money so it's imbarecing humilating dissrespectful to ask questions about source of money.

Also in Dubai nobody don't ask what work you do becouse successful people don't work they do business Even If they have Job they dont work like work they do business everybody have right mindset there people want to make connections and want to share success and make money it's Nice how good is the artistide over there about wealth.

Off course the world model when we have middle class poor. And rich not sustaineble so i either choose DUBAI style when we have rich and poor becouse the resources what the middle class waste LET the rich Will take it and enjoy the fullest.

So Im glad that Dubai is so good country where is everybody business mindset people and nobody dont care about small money and If you deal Even with huge ammount of money nobody dont look at you like some suspicious way over there it's normal that you deal with grazy BIG ammount of money.

That's what people don't want to do business in other countries becouse Even the UK treat small money like 50k like it's huge money so it's dissrespectful and people go there where nobody dont bother them with silly questions like the source of money.

Off course Monaco is other place but in Monaco you need class Also and status so Dubai is much better nobody dont care about your education or really source of income or funds over there it's normal to have nice ammount of money everybody.

Im not sure about other places but so far best relaxed place when nobody dont try check over you it's Dubai and that's why more and more people move there becouse they Are sick and tired of the society and goverment treat small money like 50k cash like it's huge money.

The life is expensive the regular apartment rent is about 5000$ and for that you dont get Even the good one in Dubai or London.

So atleast one good place in the world where people can relax and feel good and nobody dont look at them wrong way If they have money