The United Arab Emirates government has an official confirmed the details of 31 wealthy Pakistanis who own over 55 properties with an estimated cost worth PKR 60 billion in downtown Dubai. FBR sources have confirmed that UAE tax officials have exchanged information of to 53 Pakistani nationals.
Earlier a respected daily News channel has reported that over 7000 Pakistani citizens have a stake of over PKR 1 trillion in Gulf region used to buy real estate in last 15 years alone. Our real estate market experts have analyzed this shift of approach of expatriates and wealthy Pakistanis.
- Dubai’s Real Estate Market is more Promising than Pakistan’s Real Estate Market
- Investments in UAE are more secure than Pakistan
- Real Estate Investment Are Safer than back in Pakistan
- Owning Properties in Gulf offer Lucrative Yield than in Pakistan
- Future Outlook for entire Gulf Region is Brighter than Pakistan
- Pursuing Quality Education and Quality Healthcare and a Modern Lifestyle
The Other Side of making huge investment in Dubai and the Gulf States
- Escape from getting caught because of wealth accumulated by illegal means
- Fear facing Justice and Punitive Action Against You
- Not have the Courage to face Truth and Accept Reality
- Firm belief that there is no Eternal Justice
- If Exposed your Fame and Reputation would be at Stake
A 3-year downward trend Dubai’s real estate market would persist till 2020, this is revealed by S & P Global Market Intelligence estimates. Low oil prices, the introduction of the VAT and a Gulf diplomatic mayhem are the main reasons. The slow demand for residential units, luxury apartments, and end of oil prices boom has caused lackluster in Dubai’s property market. More than 1500000 Pakistanis are in Gulf region to earn their bread and butter and send remittances approximating over $4 billion each year to Pakistan.
Pakistan that is peace-loving, progressive and representative of aspirations of overseas Pakistanis and investor-friendly country. Pakistan economy is continuing on the right track giving real estate sector a prime position. Pakistan is growing since the start of the new millennium has been witnessing a boom over the last decade due to the establishment of more and more significant gated communities with standards to match overseas Pakistanis’ experience of living abroad. Pakistan is facing a shortage of almost 10.5 million.
In some rural places, ordinary people even do not have essential amenities creating a golden opportunity for investment in real estate the rural areas development. As more and more infrastructure is needed to get established for setting up educational, health and residential facilities. According to Pakistan’s first ever poverty index, there is a considerable disparity between l in urban and rural areas.
World Bank statistics that that 60% of total population in Pakistan lives in less developed areas, and approximately 72% of the population lives below poverty line. Pakistan is focusing on infrastructure and constructing a network of railways, roads, motorways, bridges across all the country, and CPEC is playing a vital role and has changed the destiny of Pakistan. China is eyeing a secure and shorter road network to ship and transport goods to avoid lengthy and risky sea route of the East China sea where trillions of dollar trade take place every year.
Conclusion
Bringing back your money is good advice that benefits both Pakistan’s economy and your ego, you can avoid justice but can’t escape from Divine Justice, it’s better to have compensation in this world as one cannot even think that those corrupt ways of earning and looting wealth resulting in God’s Wrath.
Concluding Pakistanis should be investing in their native count to earn fair and healthy profits and supporting country’s GDP. There are real estate projects like Indigo Heights and Indigo Boutique Apartments where the prime location in the heart of Gulberg assures highest returns as the historical property valuations could verify this in using historical property prices.
Real Estate Investors who have invested in Indigo Developers Indigo Heights have gained more than 35% return with absolutely bearing no risk at all, and Indigo Developers has started a second project that is too in central Gulberg, that is Indigo Boutique Luxury Apartments. Our 2nd project also promises highest returns for Pakistanis living abroad all over the world.