I recently discovered a web site selling residential property in Dubai. http://www.alineah.com/ What amazed me the most was how easy the web site seems to make it to buy reasonably priced property in Dubai. Consider that fact, in addition to the fact that Dubai has one of the highest standards of living in the world plus the high rise apartments being advertized come with a front row view of the BARJ
(the tallest building in the world scheduled to be completed in Summer 2008). The cost is another amazing fact. Apartments sell for 1/2 to 1/3 of similarly priced apartments in San Francisco Bay Area or the NYC area and similarly priced to Austin TX. For example, I priced a 925 sq ft apartment, 1 bedroom, 1 bath, 1 parking space, 8th story view facing the BARJ and received a quote of $296,678.
This price included all costs associated with buying the property. One more item to consider. There are no corporate taxes or personal income taxes in Dubai. Is it any wonder that Halliburton moved their corporate headquarters to Dubai?
These words were taken from the Alineah web site:
Multi-national companies continue to choose Dubai for their business operations. A variety of immense investment opportunities become visible day by day and this has been influenced by the fact that no corporate or personal taxes have to be paid. All this makes Dubai irresistible and recognizable as a real wonder in the new world. There is a fact that Dubai have the development in construction
Dubai is a city that is contemporarily, generous and compassionate; this keeps its doors open to the world. It offers great infrastructures like modern schools, healthcare facilities…. also it has become the new Home of various nationalities who bring their office business and cultures so that that all share the same spirit : “To live and work together in harmony“. Dubai’s standard of living is comparable to the world’s most advanced nations which makes it one of the 21st century most successful stories.
Now if it has not already done so, it should set one to thinking about the Thomas L. Friedman book “The World Is Flat”. The fact is, doing business all over the world is getting easier and easier for those willing to change and embrace a new way of operating their business. Sooner or later all companies will be required to make the choice as to the way they wish to conduct business… globally or locally. Going global will most likely require changes first in a company’s basic work processes and second in the computer technology being used.
Quantum Components has already made the choice to conduct their business on a global level. QCL began their metamorphesis by re-organizing the company in to self-managed work teams (SMWT) plus gaining their ISO 9001:2000 certification at the same. Their next step has been to embrace a strong Continuous Process Improvement Program and to begin building quality into the culture of the company. To learn more about Quantum Components and their quality management system visit http://www.quantum-components.com.
August 6, 2007 at 1:46 pm
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