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Indian expats in the UAE intend to increase investment in the local real estate market

Indian expats in the UAE intend to increase investment in the local real estate market

Indian expats are a key category of investors in the United Arab Emirates and almost 75% of them are interested in investing in real estate in Dubai and the country's stock market, as well as starting a business.

Indian investors are present in many markets around the world, but it is in the UAE that the interest rate is so high, while the global average is around 59%.

According to the survey «Global Indian Pulse» of the financial conglomerate HSBC, 56% of Indians consider real estate as the most attractive asset for deposits.

Simultaneously with Dubai, Indian investment has increased in recent years towards Abu Dhabi and Sharjah. Indians are willing to invest outside of renting earnings. One of the attractive features is obtaining a golden visa (a 10-year visa).

Four-fifths of investors are interested in "green" and social investments: electric vehicles, alternative energy, waste recycling, and human resource development. Rich expats and Indians over the age of 30 are concerned about such investments.

By sectors, the most promising ones are still tourism and technology.

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