When people think of the UAE, Dubai directly comes to mind, but according to overseas property professionals another Emirate is on course to emulate Dubai's achievement. Just forty five minutes’ drive north of Dubai, Ras Al Khaimah (RAK) is rising in admiration due to its low land costs, tax benefits, picturesque scenery and commutable distance to Dubai. RAK is the farthest north of the UAE's seven emirates and occupies a key position on some of the world's most vital trade routes. Business in Ras Al-Khaimah has a history wideing back at least six centuries, and today trade continues to be an important sponsor to the economy, with tourism and services start to gain increasing influence.
The main distributes include ceramic tiles, medicines, cement and fish and RAK Financial City has been elected to become the new hub for the offshore financial operations of the local business community. Economic strengthening and modification of the Emirate is moving at an incredibly swift pace with the Ras Al Khaimah Investment consultant (RAKIA) alone having invested over $408m in local projects and has fascinated over $950m in outside investment since 2004. Since 2000, some $25 billion of national and foreign investment has poured into RAK; but unlike the neighboring emirates, RAK is not oil needful so its industries are here to stay.
Ras Al Khaimah's idyllic location with fruitful plains, mountains hot springs, mangrove forests and lots of unspool Gulf coastline is why RAK is increasing as a business destination Freezone Incorporation Dubai | Pro Services Dubai | Starting a Business in Dubai | Offshore Company Formation Dubai | Nominee Services Registration Dubai | Limited Liability Company Dubai | JLT Company Formation Dubai | JAFZA Company Formation Dubai | Rak Free Trade Zone Dubai | DAFZA Company Formation | Financial Services Dubai | Open a Bank Account in Dubai and is now the fourth largest emirate. In difference to Dubai's city atmosphere Ras Al Khaimah offers a more peaceful way of life. Pure white sands, lush green landscapes and mountain scenery offer wide application to Dubai residents who want to work in the city but live by a beach, and it's also appealing a growing number of holidaymakers.
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