Home Immigration Is Dubai About to Collapse? (Where all the Dubai Propaganda is Coming From?)

Is Dubai About to Collapse? (Where all the Dubai Propaganda is Coming From?)

26
Is Dubai About to Collapse? (Where all the Dubai Propaganda is Coming From?)

Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships:
You can visit our websites for more information about us: &

Is Dubai about to collapse?
There are numerous rumors and comments all over the internet that suggest that Dubai is a bubble waiting to burst. Many say it’s a fake city with an inflated market that’s simply not sustainable in the long run.
Some say that investing in real estate here is a big danger, as you may not be able to resell or rent your property in the future due to overbuilding.

Is this true? Or is it just propaganda that’s being spread around? Who would benefit from such propaganda and why?

Today we are covering the present and the future of Dubai. What should you be worried about and what almost certainly won’t be an issue in Dubai?

Who are we and what do we do?

We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.

We have lots of interesting articles on different topics, we have relevant information up to date.

Author: Michael Rosmer

Feel free to join our community!

Don’t forget to subscribe to our channel

#Dubai #UAE #LifeinDubai #DubaiMarket

source

26 COMMENTS

  1. How could you start such an amazing series with a wrong first statement? Dubai is part of the UAE, not UAE being part of Dubai. UAE or more specifically Dubai….. A good talk though

  2. (1) people don’t understand tax, esp younger people not working internet and those on lower incomes whose incomes are not heavily taxed
    (2) the lack of tax most benefits people on high incomes re home country tax progressive system; these people are a relative hitting minority online
    (3) salary insecurity and cognitive dissonance – people on lower incomes tend to cast aspersions on alternative options, if you are earning 50k, you might say well those earning 150k are working all the time and are miserable etc. lest you concede implicitly that someone earning more might be better off and more capable. Also casting aspersions on other people’s morality re attitudes to money is hot too.
    (4) Much of the internet are Americans which is far away from the UAE, so haven’t gone there, have little interest in going and it is too far to visit. I am unsure if all Americans can derive tax exempt status / the text of any double tax treaty.
    (5) people don’t like heat, and it is arguably too hot for much of the year; there are ways to mitigate that by taking holidays or working abroad during the summer months, and Dubai is built as an inside city for when the weather is too hot. People play on both the heat and the fact it isn’t built like other “walking” outside cities to suggest it is poorly designed, should never have been built, and that all it contains are malls and avarice.

  3. I don't think this is propaganda, but rather the same type of ideological polarization we see everywhere in humans. There are two types of people:

    – those who like to be rich and live easy life but rarely worry about anything else,

    – and those who have higher moral standards, and consider them as a priority in life.

    I've met many westerners who were appalled by their fellow citizens who quickly mingled in the UAE "way of life", and completely forgot their old countries' values. There are plenty of examples but, in general, there are many things that you may be asked to do in the UAE that are considered illegal and/or immoral in your old country. If making good money is more important to you, then the UAE might be your earthly heaven. However, if moral values are your basic standards, then you'll never make it in the UAE, and you'd always believe that the UAE is a failed project bound to fail because it's built upon flimsy foundation and dirty money.

  4. where are they gonna get the people from to double the city's population?? i doubt people from developed countries would want to live long term in a desert artificially terraformed into a metropolis megacity where everything is unaffordable and most of fun activities are forbidden (alcohol, parties, freedom of speech/expression..)

  5. Propaganda comes from westerners who won't accept that Dubai, despite its imperfections beats the so called 1st world by a century in all aspects of well being and it also comes from non GCC arabs out of jealousy

  6. Yet another great video Michael! Keep up the good work in promoting facts and truth over rumours and the fearmongering. One question though: Do they still have the ridiculous mask mandates as you mentioned in the video that they "once" had? Because it doesn't seem like anyone is following the science on this one. Here's the truth behind masks, by the numbers: the diameter of coronavirus is 0.1 microns. The best mask (N-95) can filter out only down to 0.3 microns. Everything smaller than that, including Covid, is getting through. (Likewise, surgical masks are only 0.6 microns while cloth ones come in at 6 microns. Simply put: Masks. Do. Not. Work. (Nor do lockdowns, as illustrated by the John Hopkins University Hospital study a couple of months ago.)

  7. After recently spending two weeks in Dubai as a tourist, I can give my analysis to what I observed….. Dubai relies heavily on tourism as part of its economy…. As a tourist, I did quite a lot of shopping at many of its malls and shops….. My first observance was the malls and shops were crowded during my two week stay…..What was impressive was all the establishments were fully stocked with merchandise….. That must mean the merchants are PAYING their suppliers to maintain stock…. THEIR WERE NO BARE SHELVES AT ANY OF THE ESTABLISHMENTS I VISITED… … No reason to blame covid for empty shelves…… I did observe projects in the midst of being constructed, however that is due to being a fairly new city….. Dubai was very clean and safe which adds to the positive experience that I had…..Dubai had rules which was basically to treat the city with respect along with conducting oneself in a manner that would not not cause problems within the community…. It seems many of the negative comments regarding Dubai comes from jealousy of a new city that is making its mark on the world…..I am proud of my country however their is room for improvement……..

  8. I lived in the uae for 24 years and it is a bucket of shit. very corrupt in every way. evil rotten and everything wrong in the world. when I left I never looked back.

  9. Who is behind the negative propaganda? Always question what you hear, especially these days, getting properly informed will benefit you tremendously

  10. The western countries are desperate to retain their pay pigs, and this is why they will trash talk destinations that offer freedom to people who can afford it.

  11. It could be Macroeconomics. Dubai 's main attractive is its fiscal residence and 0 tax. And attracts billions of money that escape outrageous tax systems in Europe and the USA – rest of the world. On the brink of a new Great recession with inflation ( stagflation ) ,Covid- Ukraine, higher commodites, most influx should be sent back to build a safety net . If we look at the performance of major economies, except for Germany which is industrial and exporter , most have deplorable trade balances by GDP, mostly negative for ages EU -2,-4% , USA -3%,( commercial war with China -a historic -5%) UK -8% that of an african nation , London , Amsterdam, Delaware, Luxemburg , Channel Island etc they all make money the same way as Dubai's, attracting influxes of money. But those countries have larger economies and hard times exporting, manufacturing , they became expensive ,uncompetitive, china – dependant , unattractive for producing real assets , plus they import all food/energy/manufactures and are at least in 100% debt to GDP , someone has to pay for it. This case reminds Uruguay was a smaller mini-Dubai in Latin America, but post crisis 2008 they started to have bad press , even then president of France, Sarkozy bashed on Uruguay tax system, and now became as strict and rigid like no one.Basically big economies don't want competition , their tax havens remained untouchable and want their money back.And don't forget all Gulf-states have their currencies fixed-pegged to the USD dollar for decades which is debatable in many countries no to float like most currencies, so prices should move in sync with the us-dollar.

  12. Food is expensive in Dubai, everything is imported. There are days where the air is full of dust and the temperature are disgusting so you just stay at home. It’s a nice city just to live 3 months a year. I would never buy a property here

  13. Great video Michael! Given your experience in Dubai would you suggest renting or buying in this particular phase? In which areas? Thanks looking forward to your insights!

  14. I’ve noticed this sustained “hate campaign” and disinformation campaign against Dubai also… VERY strange, the place is AWESOME, absolutely love it. I wonder if it’s some kind of anti-reputation network being employed to do it or it is just an “anti-rich” thing or something else. Glad you made a video about it… The irony of this video is the comments section has become exactly what the video content is referring to, these people with these “narratives” are all over it.

Leave a Reply to Tony Walton Cancel reply

Please enter your comment!
Please enter your name here