LIVING, WORKING, GETING EDUCATION AND HOW TO BUY, SALE PROPERTY IN UNİTED ARAB EMİRATES


United Arab Emirates

sometimes simply called the Emirates or the UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. The United Arab Emirates is situated in Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia; it is in a strategic location along southern approaches to the Strait of Hormuz, a vital transit point for world crude oil. The UAE's oil reserves are the seventh-largest in the world, while its natural gas reserves are the world's seventeenth-largest. The late Sheikh Zayed, ruler of Abu Dhabi and the first President of the UAE, oversaw the development of the Emirates and steered oil revenues into healthcare, education and infrastructure. The UAE's economy is the most diversified in the Gulf Cooperation Council, with its most populous city of Dubai emerging into aglobal city and international aviation hub. Nevertheless, the country remains extremely reliant on its export of petroleum and natural gas. In 2013, the UAE's total population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates. The climate of the U.A.E is subtropical-arid with hot summers and warm winters. The hottest months are July and August, when average maximum temperatures reach above 45 °C (113 °F) on the coastal plain.

Standard of living

The UAE has been criticized for its human rights record, including the role of Sharia law in its legal system. The UAE's rising international profile has led some analysts to identify it as a regional and middle power. Flogging and stoning are legal punishments in the UAE. The requirement is derived from Sharia law, and has been federal law since 2005. The annual Freedom House report on Freedom in the World has listed the United Arab Emirates as "Not Free" every year since 1999 (the first year for which records are available on their website).

Economy

UAE has the second largest economy in the GCC (after Saudi Arabia), with a gross domestic product (GDP) of $377 billion (1.38 trillion AED) in 2012.  Since independence in 1971, UAE's economy has grown by nearly 231 times to 1.45 trillion AED in 2013. The non-oil trade has grown to 1.2 trillion AED, a growth by around 28 times from 1981 to 2012. In 2011, UAE is ranked as the 14th best nation in the world for doing business based on its economy and regulatory environment, ranked by the Doing Business 2011 Report published by the World Bank Group. Although UAE has the most diversified economy in the GCC, the UAE's economy remains extremely reliant on oil. The UAE has the most advanced and developed infrastructure in the region. Since the 1980s, the UAE has been spending billions of dollars on infrastructure. These developments are particularly evident in the larger emirates of Abu Dhabi and Dubai. The northern emirates are rapidly following suit, providing major incentives for developers of residential and commercial property. Property prices in Dubai fell dramatically when Dubai World, the government construction company, sought to delay a debt payment. The economy is depending on foreign labour force and Emerisation is only showing few positive effects which was found out in studies from Paul Dyer and Natasha Ridge from Dubai School of Government, Ingo Forstenlechner from United Arab Emirates University, Kasim Randaree from the British University of Dubai and Paul Knoglinger from the FH Wien.

Education

The education system through secondary level is monitored by the Ministry of Education in all emirates except Abu Dhabi, where it falls under the authority of the Abu Dhabi Education Council. It consists of primary schools, middle schools and high schools. The public schools are government-funded and the curriculum is created to match the United Arab Emirates development's goals. The medium of instruction in the public school is Arabic with emphasis on English as a second language.  The higher education system is monitored by the Ministry of Higher Education. The ministry also is responsible for admitting students to its undergraduate institutions. The literacy rate in 2007 was 91%. Thousands of nationals are pursuing formal learning at 86 adult education centers spread across the country. The UAE has shown a strong interest in improving education and research. Enterprises include the establishment of the CERT Research Centers and the Masdar Institute of Science and Technology and Institute for Enterprise Development. According to the QS Rankings, the top-ranking universities in the country are the United Arab Emirates University (421–430th worldwide), Khalifa University (441–450th worldwide), the American University of Sharjah (431–440th) and University of Sharjah (551–600th worldwide).

Process of buying Property

Foreigners can buy property in the UAE in determined areas. Cost for the property deed is 71 Dollar en for registration is 2% charged. The properties, foreigners are able to purchase, are usually in areas where construction firms have their projects. It is possible to become a property owner by paying 10-15% deposit to these construction firms so your house will be reserved, starting determined payments, paying the rest of the amount when the project is finished. Being a property owner provides the right for a 3 year residence permit.