Pros & Cons of Living In Dubai
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- เผยแพร่เมื่อ 15 ก.ค. 2024
- Welcome to another video! Today, I will be talking about what are the pros and cons of living in Dubai. I've already covered the pros and cons of living in Greece and the pros and cons of living in Bulgaria in previous videos. You can check out if you'd like, the links to those will be listed down below!
Recently, I've obtained a residency permit for Dubai and since it's a place that I'm seriously considering moving to full time, I feel like it's only appropriate that I do a video about life in Dubai, from what I've learned in my time spent there so far.
As someone that has decided to embark on this journey from a business point of view, the benefits of opening up a business in Dubai are many. The entrepreneur community in Dubai is huge, not like any other place that I've lived in. This was something that was very important to be - being surrounded by like-minded, incredibly intelligent, and driven people.
But to you guys, maybe some other things would be more important. This is why I've tried to go over different aspects of living in Dubai, such as:
Is Dubai a safe place to live?
How expensive is it to live in Dubai?
What is life in Dubai like for foreigners?
What can you expect when it comes to rules and regulations in Dubai?
What are the taxes like in Dubai?
And many, many more. If you think that I've overlooked something, please let me know in the comment down below!
If you would like to check out a specific part of the video, you can check out the time stamps below:
0:00 - Intro
1:32 - Should you move to Dubai?
2:26 - Freedom of Speech in Dubai
3:26 - The Weather in Dubai
4:17 - Renting in Dubai
5:11 - Restrictions on Dogs in Dubai
6:27 - Getting a Citizenship in Dubai
7:13 - Voting & Elections in Dubai?
8:19 - The Cost of Living in Dubai
9:38 - Regulations About Photography in Dubai
11:16 - PDA in Dubai?
12:15 - Is Dubai The Safest City in The World?
13:38 - UAE Laws on Dishonored Cheques
14:01 - Pornography in Dubai?
15:05 - VOIP Restrictions in Dubai
15:52 - Is Dubai Tax Free?
17:03 - Convenience in Dubai
17:36 - The Entrepreneur Community
18:26 - Airport in Dubai
18:50 - Government in Dubai
19:52 - Dubai Has the Best Service in Dubai?
20:36 - The cost of groceries in Dubai
21:20 - Outro
Links mentioned in the video:
Pros and cons of living in Bulgaria - bit.ly/3CFoeWs
Pros and cons of living in Greece - bit.ly/3CyQPgp
The crime rate in UAE - bit.ly/32oi3dd
If you have any questions, please don't hesitate to reach out in the comment section and if you're looking for a consultation then click on the following link and fill out an application - jim.pastirmatzis.com/
Also, make sure to subscribe by clicking the link: bit.ly/3ByNnSa Thanks for watching guys, and I will see you in the next video!!
This channel deserves more views. Hey, youtube algorithm?! 🧐
Thank you so much! Means a lot!!
Even though I've never been to Dubai, I liked the integrity of your analysis.
Thank you! Very glad to hear it. There’s always so much left to say as well. All these videos need a part 2.
The video is superb, as usual and it provokes comments and discussion.
Dubai does not tick everybody's boxes, it definitely did not tick mine.
I went there in 2004, when I decided to become a consultant, thinking of establishing residence there, attracted, of course, by the 0 taxes, but after ten days I felt that I did not like the place and my decision was taken. I would never trade my basic quality of life for any tax- or other practical benefits, unless it is only for a short while.
I found Dubai to be a sterile and artificial environment, all social life was in hotel lobbies or malls, and it was full of weird laws - as a lawyer I am quite sensitive to the quality of legislation. The malls, at least at that time (I do not know today) were nothing to write home about, I have seen much better in Bangkok, Singapore and Kuala Lumpur.
The weather was hot, but that is the least of my worries, if I were to chose a country based on the climate, no country can beat Ethiopia: it has the best climate in the world, 18-25 degrees Celcius all year round, sunshine every day and beautiful lush vegetation everywhere. But...
It also bothered me that Dubai is a society of men, you rarely saw a woman around.
Thanks a lot for the support!
Only thing I have to say is; Dubai is SOOOOOO different since 2004, it's practically a different city. Literally day and night. Nothing to do with other cities or countries' development.
I highly recommend you go there again. Yes, lots of artificial, but there is so much walking space now. It's just beautiful. And they are building nature. It's super awesome. Basically saying that you went in 2004 is the same as saying you haven't been there haha
Hope you fly out there again, I am sure you'll enjoy your stay a lot more than back in 2004.
I have heard great things of KL and interested in visiting.
@@JimPastirmatzis I visited Dubai again in 2010, not much change that I could notice, but I am perhaps too European when it comes to the traits and treats of urban life. I appreciate modern buildings but I also need street life and walkable areas, like the ones we have in Athens but also Strasbourg, Stockholm, Bremen, and so many others.
Kuala Lumpur has all that. It has British colonial architecture plus skyscrapers, it is a natural and not an artificial environment and the nature is stunning, it is as if the buildings are struggling to get free from all the hyper-dense vegetation. Malaysia is also a business friendly environment, which welcomes nomads. I worked there a couple of years, as I also worked in Bangkok for four years and I could retire there as well, but my Eurocentrism takes me back to the old continent... Btw, Singapore is perhaps the most attractive place that I have seen out there, but too expensive nowadays.
@@gerassimos.fourlanos makes sense. I’d still argue that Dubai is a completely different and substantially improved city since 2010.
But all the points above make good sense.
Anyways if you ever end up going again, I’d love to hear your thoughts on the 2020s version. :)
@@JimPastirmatzis all being said, I do not deny that there are improvements in Dubai.
Hey! Sorry if this is an obvious answer, but where can I find out more about your businesses etc? I'll check when I'm home in your video library. I'm looking into moving to Bulgaria and/or Dubai at some point, since income tax in the UK is currently 45 percent here over 100k. I'd be interested to see what it is you do on a day to day. From the mass amount of screen, I'm guessing day trading?
Hey! No worries at all, I don't think it's obvious, or that obvious. So no, I don't do day-trading. I did get involved for some time but I am focused on my other businesses. I run a marketing company, fundamentally my goal is to build infrastructure that allows a company to go from 0 to 7-8 figures a year. I'm a full stack marketer so my team and I do it all from the front-end creatives to all integrations, funnels, lps, etc to backend - going as deep as sales. I only take on a very limited number of clients and just go all in - 15 hour work days.
But yeah, no trading. I have a video where I speak about the 8 monitor setup precisely actually, you should check that out. But it makes sense why you'd think day-trading is center-focus.
Anyways, happy to connect and help where we can. Feel free to reach out on Linkedin or email - jim@pastirmatzis.com
some of the points noted in the cons needs to be viewed in perspective taking in consideration the culture and traditions. And i think you need to spend more time in and around dubai as whole and not on a particular area of dubai.
Certainly can agree that some of the cons are subjective. Some of the pros are subjective as well. What I like/dislike you may not so my word is not law by any stretch.
I have spent time in several areas all around Dubai. We made it a point the first time we went to spend time in half a dozen or more hotels for quite some time each (we stayed for a while on our first visit) so we can experience most parts of Dubai.
You like to call out on people in public, so that habit is preventing you from moving fully to Dubai :P
Not true! Haha
I'd definitely prefer Bulgaria over Dubai 😂
That’s great! How come? Curious to hear things from your perspective.
*Dystopia. And yes, that one.
Ouch! Thanks for the catch.
What a lots of 🐴 💩
So much you said is half correct. For example, alcohol is so easy to find. There are around 300 small shops called MMI, African + Eastern and so on everywhere around the corner. Then you go to Ras Al Khaemah or Umm Al Quwain and you get tons of alcohol without any licence. In the city Dubai you can get alcohol with only copy of your passport. Almost Every pub and restaurant serve alcohol (in the hotels) or by the hotels. The water and electricity we pay for 3 bedrooms villa is less than 100 dollars (350aed) the majority of the bill is housing fees. For example in Macedonia, where I come from, my family pays around 150 dollars in winter time. Half of the wages. The housing, you can pay also month by month, in front. Also every 3 month, 4 months or 6 months. 90% of dog Kings are allowed, in my neighbourhood I've seen a 100 kg dogs. I can go on. Actually, in January 2022 I will complete 17 years being here. Ask me if you want some information. I've seen a lot here. Raised a family here and I can say is the best place on the earth. Lived in the US, Australia and born in East Europe, you never find a place like here.
While I appreciate the feedback, you are being extremely dismissive and absolute.
I've been to some dozens of restaurants (some high-end) and I can't sit here and tell you that majority serve alcohol. Is that horseshit? Tell that to the restaurants.
This video is about Dubai, not about Ras Al Khaemah or Umm Al Quwain and there's a reason why I didn't generally cite UAE on this but specifically Dubai. I know how it is in Dubai. In restaurants that offer it, you obviously don't need a license. Up until very recently anyway, it was a criminal offense to buy alcohol without a license. If they have updated their laws now, I am happy to retract my statement. Dubai is evoling and moving very fast, so I wouldn't be surprised if a license is no longer a requirement for both tourists & residents.
Last I read was that there was different treatment of tourists & residents, where tourists can purchase with copy of their passport, while a resident would still need a permit.
On your comment about dogs, just because you saw something doesn't mean it's legal - it's for example illegal in Dubai to have wild animals as pets (puma, tigers, etc) but it was just this Summer that one of the residents' puma escaped in a big complex and it took authorities a couple of weeks to capture the animal. Just because one may see it, doesn't mean that its legal. By the way, I don't know what breed the dog you saw was, it's totally possible that it was legal, all I am saying is, it does not appear that all animals in peoples' possessions fall under the legal boundaries as far as I have seen.
Unless the top websites on Google are spreading misinformation, there are several banned breeds in Dubai, many of which are big breeds. Like mentioned in the video, I encourage people to do proper research on this before making that move and there's a reason for that.
As far as electricity goes that's great! Wow. That's by far the cheapest electricity and water bill I've heard for a villa. I have many friends that own huge villas in Dubai with pretty modern infrastructure and the bills are outrageous compared to their international properties in other countries (both in Europe and Asia) - so I am speaking from my own experience and you are speaking from yours. Not a situation where either of us is wrong but there may be a chance I am wrong about the average cost being higher on electricity consumption. Interesting observation and I'll definitely be looking more into it!
Happy you love Dubai, I have heard nothing but great things from folks living there for 10-15 years, like mentioned in the video, there are a couple of things that have held me back from making the permanent move but I am pretty confident I'll be moving permanently in 2022!
You won't make mistake moving over here. I want to say that all you read is not true. Or, everything is on Google music be correct. Our DEWA bill in Winter is 800-1000 aed ( water aprx 100,electricity 100, and the rest is a housing fee which is 5% of your monthly rent. Our monthly rent is around 8000aed, so the 5% is around 400 aed. So the 400+200 is 600. Plus some fee this and that comes to a 800-1000. While in the summer DEWA bill comes up to 2000 aed. In general in Australia is more expensive the water and electricity, but you don't have the fee like here. Ah, so much to discuss. My point is Pros/Cons is 90/10.And yes, you are talking about Dubai, I forgot to mention Gantout store for booze ( Dubai - Abu Dhabi border). Everyone from dubai goes to other emirate for liquor. After living here for more than a 5 years, your video will sound different. Don't forget the best health care system here. Best in the world. Also is good to say that thare are many churches around (orthodox and Catholics),hindu temple and all other religious places. Our plan is to make it 20 here. Wish you fall in love in this place and live forever. You will get used on summers, don't worry. Cheers
Tatjana, i agree with Jim's reply to your original comment! His points appear to be for those that are NEW to Dubai.
i myself lived there for a year and thinks there is much more to life in Dubai than the points you argue. Is having alcohol so important?
Yes, i paid rent bi-yearly at Jumeirah Beach Residences. i think a huge part of that was in my being an "ex-pat." That, amongst other things, was quite a culture-shock when coming from having lived decades in other countries that DO NOT have that as a general rule.
And a major point... for many their pets are their family. Dubai IS NOT pet-friendly in whole. i almost lost my pups even though medical animals with proper documentation. They simply took them from me at the airport. i had to learn Arabic quick, and fight hard, to get them back, and i did!! i also has to prove they were "clean," which they were, yet i retrieved them from a shelter covered in ticks swollen with their blood. i only finally tracked-them-down to a remote area outside of Dubai, where English was not spoken, because of the help of a vet that knew they were not "just abandoned" due to their condition and manners. it was traumatic! i thereafter arranged to have then out of Dubai with my family for the remainder of my stay.
i loved it there, and did not see the other restrictions as detrimental blocks to my lifestyle there. Actually i felt it contributed to how things are kept in order. And i have not ever felt safer anywhere in the world traveling alone as i did in UAE!
Finally, The service is exemplary over anywhere i've ever been. Yet there is also an hierarchy that is difficult to adjust to when not used to it. My position at the time allowed my stay to be quite comfortable, yet those "under me" were not afforded the same liberties as i, and i definitely felt that (though most accepted it as how things were done and were happy in their roles).
i say visit UAE. Yet, yes, there will be aspects one is not used to that is unique to Dubai and other cities within that country, both GOOD and BAD. It depends where you arrive from.
@@JimPastirmatzis Above i've commented on your reply. i found the video clip to be excellent!!
@@tatjanahamilton6787 Above i've commented on your comment to Jim, yet failed to tag you.