The UAE is one of the top destinations for European expatriates looking for new opportunities and an improved quality of life, according to the latest study. With average unemployment across the Eurozone countries at record levels (11.6 per cent in September 2012, according to Eurostat), expatriates are increasingly looking to build a new life abroad. Senior executives at Damac Properties, the Middle East’s largest luxury private developer, says it has experienced a strong upturn in investments from Europe as people look to move their money to a more stable and secure environment. “As the global financial crisis continues to hang over the eurozone, we have seen a significant increase in clients from Europe looking to improve their standard of living and benefit from the tax-free incomes on offer in Dubai,” said Niall McLoughlin, senior vice-president, Damac Properties. “The crisis, and the high levels of unemployment, has been the catalyst for many people to say ‘enough is enough’ and make the move improve their family’s way of life.” From KhaleejTimes
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor