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2009-10-09

Friday Facts straight from UAE - Dubai

UAE - Dubai is an exciting market, but also very different from most other markets that we operate within. Here are some facts about how it works in this region.

If you have a job in Dubai and are about to turn 60 your VISA will expire, and you have to go home no matter what the employer or the employee (you) want. In other words, you cannot stay. However, if you own your business then you may stay as long as you want. Obviously, business opportunities are prioritized.

The Palm Jumeirah (the island) which is now prepared will accommodate one million people, many have already moved in and it is an impressive construction. Although the island is not yet completed, it is already unique.

Two new Palm Jumeirahs islands are planned, one which is supposed to be 5 times larger than the present, but the project is on hold right now due to the global economic downturn.

Sometimes there are dirty and dusty cars on the streets, where the owner probably has left the country for good since he or she probably was not able to pay the expenses. If you cannot pay you will have to go to jail immediately and you will get out when you are able pay. So some are now in prison, and they may have to stay since they cannot work nor pay.



Have you lost your car, you can always take the Metro,
which opened in September. Here you can choose different price ranges, very cheap to go with women and children, it is certain to be a lively part of the train. Is not that right, you can solve the economy ticket, a guaranteed quieter ride and do you want to be really professional resolve business class ticket. That's right, business, how many Metros in the world is that?

In this region, you're always a guest, no matter how many
years you have lived here. This approach has led to that people work and behave, otherwise you will get sent back home. So in other words, not everybody are welcomed in the region and it is not the right place for everyone.

So what has this approach resulted in? Well, more than 200 nationalities live and work here and 300 different languages are spoken daily. Here is an integration policy which apparently works, European countries should learn from this.

Having a low registration number on your car is valuable, so valuable that the number plate A65, which became vacant, was sold for almost 25 million SEK and the money fell to the government. In other words, do not crash into a car with a low registration number, it is guaranteed to be a very expensive car, not to mention the value of the registration plate.


    A private Yacht outside the Emirates Palace Hotel in Abu Dhabi

If you are a "local" and get married, you get a check for AED (Arab Emirate Dirham) 70,000 from the Government. How many times this bonus is available, I do not know, but maybe a reason to keep your eyes open for something new?

Do not drive too fast here, they have radar surveillance on many major roads and it will cost a lot of money if you get caught. The Government imposes big fines in regards to erroneous behaviors, for example, do not talk on mobile phones while driving.

Many people budgets their fines every month. However, there are also no taxes here, whether corporate, income or capital taxes and no VAT. But, the fines are high and you will not get quantity discount, so it may become expensive.

Speaking of fines, if you have a car, wash it. It will not be
accepted that your car is dirty, then you will get a fined AED 500. If it is still dirty after a week, then you will get fined AED 1,000. The reason is that the city should always be clean and neat, which also includes the cars in the city.


A car owner who waits a fine

After the warmest period from June to August, which means about 50 degrees Celsius, the temperature drops daily with 2 degrees per week. During Christmas - New Year it is about 20 to 25 degrees during daytime, which is really pleasant.

Filling up the car tank is not expensive, 60 liters costs 200 SEK.
This shows how taxes make a difference!

There is barely any crime and you will not see any cops on the streets. It is almost like home in Stockholm, but the difference is that here in Dubai the cops are not needed.


                                                                                      Tony Harkén
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