Pros and Cons of Living in Dubai

THE GROWTH MENTALITY OF DUBAI

• One of the biggest pros of living in Dubai is the growth mindset of this city. Today, we live in a world where the UK, Europe, Canada, and the US are declining.
• All of these developed locations in the world that were historically the best places that everyone wanted are gradually going down. 
• Places such as Southeast Asia, Eastern Europe, etc, are developing, but if we run down the list of places in the world that are already developed and that are improving are not many left in the world right now.
• This is the fundamental reason why Dubai has been becoming so popular in recent years because this city has the goal of being the best city in the world.
• Dubai has leaders with the right incentives; the Sheikhs of the UAE are so rich that they have no incentive to be corrupt or to take money for themselves. Their goal is to earn status in the world to make Dubai the kind of city that everyone else in the world looks at with envy.

NO INCOME TAX

• One of the biggest pros for many people is that there is no income tax.
• However, they do have a corporate tax of 9% but that does not apply to small businesses, where a small business is defined as a business that earns less than 3 million Dirhams a year in revenue, so if a business make below this, then they don't have to pay any corporate tax.
• While it is an expensive city to live in but the tax savings make up for that.

EASY TO RELOCATE

• It is very easy to move to Dubai. Let's say a person is considering leaving the West, like Singapore, for example, which also has a lot of the same benefits as Dubai, but the practicality of moving to Singapore is significantly more complicated than the practicality of moving to Dubai.
• As long as you have any way of making money, whether you have a job or a freelance income or a remote job or any other kind of business, you are going to have a Visa option that allows you to move to Dubai, and it can also be done extremely affordably and quickly.

DUBAI MAKES YOU DREAM BIG

• A person may make a good amount of money in almost any country in the world, but in Dubai they may feel poor because of the amount of wealth around the country.
• There is wealth in most big cities in the world, but in Dubai, the wealth and the luxury are sort of very evident and on a whole different level.
• While some people don't like that but if you are an ambitious type of a person, it may or may not be healthy in the long run, but it is undeniable that this motivates you to work harder and dream bigger.
• Dubai’s rich lifestyle and culture surely motivate its residents and expats to achieve bigger milestones with every passing day.

WEATHER THROUGHOUT THE YEAR

• A big pro of Dubai is the weather for the rest of the year. Except for the months of June, July, August or September the weather is absolutely perfect.
• Like in October, it is still slightly too hot, but in November, December, January, February, March, and April, the weather is perfect. Being in Dubai, whenever we look outside and see the sun, it always looks bright, making the people happy, whereas when living in a place like London or in a place like Kuala Lumpur where the temperatures are warm but it is very overcast a lot of times.

DUBAI IS SAFE

1. Dubai is an insanely safe country. It is not like crime never happens, but if we look at the statistics it is one of the safest cities in the entire world and is again very underrated quality of life improvement.
2. When moving outside, people should not have even a small bit of stress in their minds like they might need to have in a place like London.
3. There are a couple of reasons for the same:

• The types of people here have implemented immigration in exactly the right kind of way where everyone is here to improve their lives, so these people are just not the kind of people that would commit crimes.
• Crimes in Dubai are punished extremely severely with heavy fines, unlike in other countries where stealing small kinds of stuff from grocery stores are not even punished.

DUBAI IS AN EXPENSIVE CITY

• All of this comes at a cost, so if you are here as an expat, you are almost more like a customer and not like a citizen or a resident. 
• Anything you want to do is going to cost money, which makes sense as you are not paying any taxes. There is no need for a lot of money, but the options for livelihood will not be in the top areas of Dubai.
• On the other hand, if you want to make the most of Dubai, it is going to be expensive, and when you have a place that is the top destination for millionaires in the world to move to, it is going to cause the cost to go way up.
• If you are not the type of person who is willing to stay ahead and keep making money then unfortunately Dubai is most likely going to be too expensive for you but, if you are the type of person who is making a lot of money and is very ambitious, then Dubai is the city that you must look forward to live in.

NO SAFETY NETS

• There are no safety nets in Dubai like we have in Europe, the UK, and France.
• Let's say you are working in a job and you get fired, or you start a business and you fail, you always have a safety net to fall back on. If you are just starting everything, it is very uncertain, so it will give you a lot of peace of mind.
• In Dubai, there is no such provision as said before; when you are coming here, you are a customer because they see you as a net benefit to the country if you are not making money or improving the country. You will simply be asked to leave as the city has a very brutal environment, but this is not the right kind of environment.
• A person should come here only when they already have an established business that is making money or already have wealth or a stable job so that even if they lose that job, they still have something to go back to in their home country.
• But if you don't have a way of making money, you are not going to be able to fall back on the government benefits because when you are not paying any tax, none of those benefit systems exist for you.

UNFINISHED

• Sometimes, some things in Dubai feel a bit unfinished. When living in Dubai, 95% of things work extremely well but the 5% works extremely badly, like government websites sometimes just crash like they will just not work they are a bit unfinished especially on the software side with many things.
• Sometimes, things here are just not that professional like there might be typos in official government documents and some things don't feel quite as finished as you might expect from a place that is otherwise as developed as it is but it's sort of a quirk of being in Dubai that one have to get used to when coming here.

THE SCORCHING SUMMER HEAT

• One of the biggest cons of living in Dubai is the summer weather. From June till about September the weather is just extremely hot and because the city is next to the sea it is also very humid.
• The temperature on the meter might go to absolutely insane numbers like 40° or something like that. In addition to that it is also super humid.
• For example, last year in September the temperature on the meter was like 41° but it actually felt more like 47° or 48° because of the humidity and it is just very oppressive as you cannot be outside from like June till September for more than like 5 minutes at a time otherwise you will be just sweating like crazy, which is why most people in Dubai don't actually spend the entire year here.

DUBAI HAS NO HISTORY OR CULTURE

• In Dubai, there is no history or culture. However, in regards to the culture aspect, people just like to think because the country does not have the same kind of historical culture as in European countries.
• It has its own culture that is very different from a lot of places. However for many people don't like their culture and don't feel like it is as authentic as some places like Italy or Spain or France.
• Historical buildings and architectures are not usually there in Dubai as it is very new and has been built in the past two to four decades.
• If you are looking for a historical place to walk around the thousands-of-years-old streets, then Dubai is not going to have that for you.

As from the above elaborately described pointers, living in Dubai comes with a lot of pros as well as cons. For someone who is an ambitious entrepreneur, likes the warm weather combined with the sunshine, safety, and security, a city like Dubai is a very good option to establish a luxurious and comfortable livelihood.