The Allure of Dubai: Why Celebrities are Choosing the City of Luxury for Their Homes

One of the primary reasons celebrities invest in properties in Dubai is the favorable tax environment. The United Arab Emirates has no income tax, which means that the financial burden on high earners is significantly reduced. This tax advantage allows celebrities to keep more of their earnings, making it a wise financial decision to purchase property in the region. The absence of capital gains tax further sweetens the deal, as properties can appreciate in value without the risk of hefty taxation when sold.