5 reasons you should invest in RAK

RAK is a dynamic and exciting area to invest in because of its robust economy and stable political climate.

RAK’s living and business costs are significantly lower than those in other Emirates and far lower than those in typical financial centers like New York, London, or Mumbai. Foreign investors benefit from a 100 percent income and corporate tax exemption, streamlined and expedited registration procedures, total foreign ownership, 100 percent capital and profit repatriation, efficient services, a transparent legal framework, and a network of promotion centers across the UAE, Europe, and Asia, thanks to forward-thinking investment vehicles like the Ras Al Khaimah Investment and Development Office. RAK investing in resorts has been growing dramatically in recent years, so you should make your step not to miss the trends.

Ras Al Khaimah is placed in the middle of Europe, Asia, and Africa.

Ras Al Khaimah is ideally placed at the modern crossroads connecting Europe, Asia, and Africa and is only a 40-minute drive from one of the world’s busiest aviation hubs, Dubai International Airport. Almost one-third of the world’s population lives within four hours of the Emirate, and more than two-thirds live within eight hours. That’s one of the reasons that there are many hotels and resorts in Ras Al Khaimah. Every time you visit RAK, you can find a new Ras Al Khaimah hotel. The Emirate has five ports, notably Saqr Port, the Middle East’s largest bulk-handling port, and a well-designed road infrastructure that connects Ras Al Khaimah to the rest of the UAE.

Ras Al Khaimah International Airport is becoming more popular as a transit hub for both passengers and cargo. It serves as an international hub for Indian airline SpiceJet. As well as a hub for Air Arabia and several Middle Eastern and European airlines. Passengers can fly directly from Ras Al Khaimah to Russia, India, Canada, Egypt, Chezchia, and then on to a variety of other countries across the world. Ras Al Khaimah International Airport has a bright future. With many more destinations on the way as many people want to visit luxury resorts in Ras Al Khaimah.

Companies can be owned entirely by foreigners.

In some booming industries, such as industrial, agricultural, and service, foreign investors can own and control 100 percent of enterprises in the Emirate of Ras Al Khaimah while also owning and controlling all shares in non-free zone companies. This new investment option includes 2,954 economic activities. Many people started to invest in luxury resorts in RAK. Ras Al Khaimah investing in resorts began to become as popular. And one reason for that is the opportunity that people got to own their investment entirely. Also, there are many hotels and resorts they can stay in and work and rest simultaneously.

Ras Al Khaimah as new thriving economic zone

Ras Al Khaimah Economic Zone (RAKEZ) is a thriving economic and industrial center with over 15,000 businesses representing 100 nations and 50 industries. Its purpose is to simplify business setup and provide investors with personalized alternatives. As a result, it manages cutting-edge industrial and business parks throughout the Emirate. With various business licensing solutions accessible through RAKEZ’s dedicated customer care team. Each specialized zone allows services to be tailored to unique business requirements. RAK Ports has established the Saqr Port / Free Zone region. Which provides direct waterside access for businesses that want quick and dependable access to port services and RAKEZ’s many setup possibilities. Ras Al Khaimah investing in resorts became popular and more accessible year by year.

It provides stability in a secure environment.

Ras Al Khaimah has a solid track record of policy stability and social cohesiveness. Both Fitch and S&P have assigned the Emirate an ‘A’ credit grade. Furthermore, the Emirate has a very low crime rate, and its citizens have a strong sense of security. It has a Numbeo safety index of 93.8 out of 100, suggesting a relatively safe environment and a 7-minute and 43-second average emergency response time. These indicators are more important. Especially for hotels and resorts, which help investors to be sure that they can invest in a luxury resort in Ras Al Khaimah. And believe that they will get more profit. Ras Al Khaimah hotel started to guest more and more people. Ras Al Khaimah hotels are not too expensive and many people get an opportunity to rest there.

Healthcare needs are supplied at the Emirate’s numerous advanced hospitals and clinics, including the state-of-the-art RAK Hospital. Not to mention the year-round sunshine, which is excellent for your Vitamin D levels. Which you can get in luxury resorts in RAK.

Wide range of cultures and religions in Ras Al Khaimah

Ras Al Khaimah is a varied and friendly society that is home to a wide range of cultures and religions. With ex-pats from all over the world settling in the Emirate and raising their children in a welcoming environment. It has many houses of worship for all faiths variety of events and festivals held throughout the year. All of which contribute to the fantastic environment in which enterprises of all kinds can thrive.

With its stable and rising economy, strategic location, and excellent regional transportation links. And simple to start up, customizable company solutions, Ras Al Khaimah checks an enviable number of business boxes. It provides a holistic lifestyle option and profitable investment options in luxury resorts in RAK.