Guide for Expats to work successfully in the UAE

UAE is a vibrant city that has witnessed rapid development in recent years. With globalization and significant investment by other countries into this nation, there is a huge demand for national and overseas workforce. The entire world has witnessed how UAE has magically developed itself in a short span of time. 

This has also helped many expats to get white-collar jobs with good pay and living. In the present scenario, there is a sharp rise in migration of people in UAE from other countries. This migration is either for job search or for permanent settlement. So, if you are planning to work in the UAE, the following post would serve as a perfect guide for you.

 

Business environment in UAE                               Source: Khaleej times

Globalization has changed the economic scenario rapidly. The tax-free income at the UAE attracts global talent to enjoy a high salary and perks. Even booming sectors like Biotechnology, banking and real estate entices job seekers to join the force in building business. Seven Emirate countries that make UAE has majority of Indians as expats, but the country is witnessing people coming from other countries for job and living.

5 Reasons why you should consider taking triple net lease for renting a commercial property for your business

When you are deciding to rent your commercial property for business, there are three main lease options that you can choose from:

• Gross Net Lease - If we talk about gross net lease, the landlord is responsible for paying property taxes, property insurance, and building maintenance cost. In this type of lease, monthly rent is comparatively very higher because the owner is taking care of all the major expenses made on the property.
  
• Copyright: alexskopje / 123RF Stock Photo
•  Percentage Net Lease – It is an agreement where the tenant pays the basic rent along with paying a certain percentage of the net sales volume every month. This type of lease is more common in retail malls or shopping outlets. The amount that the tenant pays depends on the sales and should not take a percentage of all sales made in that month. For example, an agreement can be reached where the tenant needs to pay 5% of all the sales that exceed $30,000 a month.

10 steps that will help you to get rid of debt

In order to pay back the debt, the first step is an objective problem analysis. Stop ignoring the debt and stop throwing away the bank notifications about your account balance. In order to get more clear picture have a meeting with your whole family and write down how much do you owe and to whom. If monthly rate for debt payment is larger than 30% of your income, then you should probably consult a professional, so go and check Top 10 reviews for debt consolidation right now.

On the other hand if you have below 30% then it’s not that bad. Firstly, it is important to mark what debt has the most significant interest, because the most significant debt requires your immediate attention. By solving the debts with higher interest, you will solve the biggest financial problems for a long term. It is imperative to create household costs and to determine what are the exact monthly costs of your family. You need to know exactly how much your family is spending on food, basic clothes, house costs, services, education, entertainment, culture and more.

5 Mistakes People Make When Buying Auto Insurance Coverage

Arranging vehicle insurance may look to be confusing and complicated looking from outside. However, you will see that it is not something you cannot figure out quickly and buy the best policy. There are various arguments as to what should be the most important aspect of your coverage. Some say getting right coverage is the key, others may argue that the price must be the determining factor. You should know that you can find a happy medium with a little effort. 

You just have to be patient during the process of choosing an automobile insurance cover. In addition you need to know a few things to increase your chances of getting it right. Here are five mistakes many people make when they are not patient enough, spare adequate time or don’t want to learn. 

Are online loans better

Among the many kinds of loans available, an online loan can be considered the best. This loan is easy to get and you will get the loan without any delay. Not much of documentation work is required. The number of trips you may have to make to the office of the lender, in case of a standard loan available in person, will not be there in case you opt for an online loan. Further, the processing is simple and done rather fast. That there is no need to furnish proof of credit history is nothing but a boon to the borrowers!

How are online loans processed? 

The procedure involved in applying for this loan is very simple. All you have to do is go online, where you will see a number of sites making offers for loans. You can make a survey of all those offers and collect the required information. After getting the necessary details, you carefully analyze the details and select whichever offer you feel will suit your needs.