The United Arab Emirates (UAE) is one of the most populated areas in the globe, with roughly 9.68 million people. One of its major cities, Dubai, has been a hotbed for foreigners, with nearly 85 percent of the population consisting of expatriates.
This is primarily because the jobs in UAE and Dubai are rising at full throttle. Last year, the unemployment rate in Dubai stood at 0.5%. Meanwhile, close to 83.2% of the population is currently employed in energy, health, and other sectors of the government.
With a dynamic lifestyle and strategic location, jobs in UAE provide extensive benefits to its residents and foreign expatriates.
Here are reasons why you should pack your bags and head for work in the city of Dubai:
Income is Tax-Free
As Benjamin Franklin once said, “Nothing in this world is certain but taxes and death.” However, that is not exactly the case when working in Dubai as the government does not impose any burden on personal income.
In other words, what you earn from work is yours to enjoy, and you do not have to pay a specific amount to the government. As a result, you may achieve a desirable disposable income per capita.
Most expatriates who work in Dubai can afford luxury goods and live an extreme level of comfort that they may not be able to enjoy in their home countries.
The government also requires businesses to pay workers a 15% lump sum of their annual salary after working for more than two years.
US residents may also be exempted from paying taxes on foreign income earned up to a specific amount. International tax law differs from every country, so always check the tax laws in your country.
Generous Benefits and Work Packages
Health insurance and gratuity are among the work packages employees can enjoy when working in Dubai. The gift is enforceable and estimated according to the worker’s tenure and basic salary at the company.
Workers will be paid the equivalent of the 21 working days annually for the first five years of service. The allocation reaches up to 30 days in the sixth year of the employee.
Work packages also include annual leaves, which are determined identically. A Dubai employee is entitled to a two-day paid monthly leaves after six months in a new role. UAE government does not include public holidays on employee leaves.
Transportation allowance is also relatively popular in the UAE, with 30% of employees receiving reimbursements for their travel from home to work in 2017.
Plenty of Growth Opportunities
Around 77% of employees leave their jobs for lack of career opportunities. While Dubai is advancing at high speed, it’s a relatively young economy and is mainly dependent on the expat population to provide the needed experience.
This results in plenty of opportunities to go up to the corporate ladder. You can progress in your chosen career path in Dubai quickly if you’re able and hard-working enough to meet the demands of your employers.
Occasional corporate lateral movement in some workplaces in Dubai are also popular. Make your mark in the field, and you will find yourself numerous opportunities with associated financial rewards to make a move.
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