E-mail Print

 

According to the National Bureau of Statistics, the number of United Arab Emirates' expats has grown over the past three years and now account for close to ninety percent of the countries total population despite a sharp growth in indiginous population and the downturn in the economy.

Among other Gulf countries, the UAE have recently experienced one of the sharpest population growths in the world due both to an increase of birth rates and the influx of foreign workers to the country mainly due to oil production.

The UAE population is estimated to stand at 8.26 million although the country hasn’t conducted an official census since 2005.

The International Monetary Fund estimates the GDP for the United Arab Emirates slumped by 3.2% in 2009, but resumed growth last year, with non-oil growth projected to increase from 2.1% in 2010 to 3.3% this year.

 

 
Share |

  •  

    Mrs C
    Living & working USA (out of UK nearly 2 years) paid in US$
    Manager
    Remortgage property value£430k & mortgage £250k (capital raising £69k to purchase another property)
    Fixed rate for 2 years 4.09%

  •  

    European Union employee residing and working in Brussels bought on normal residential scheme with permission to let for 5 years from lender at 75% loan to value.

  •  

    Airline pilot and partner, working in Abu Dhabi, looking to buy in the UK, initially to rent out, with a long term aim of returning to live in the property,  mortgage arranged at 75% loan to value at a very competitive residential interest rate, with permission to let for three years arranged with the lender.

  •  

    Miss G
    Living & working in UAE (out of UK more than 5 yrs) paid in UAE AED
    Teacher
    Purchase £75k & mortgage £56.25K
    Fixed rate for 2 yrs 4.69%

  •  

    Mr & Mrs H
    Living & working in Brazil (out of UK for more than 5yrs) paid in Brazilian Real
    Accountant
    Purchase £ 1,055,000 mortgage £700k
    Fixed rate 3.5% for 2 years

  •  

    Magazine editor living and working in New York borrowed £600,000 on £950,000 property for future residence – property let out with lenders approval

  •  

    Geologist living and working in Australia, looking to return home.  Buying at £265,000 but needed a very quick turnaround.  Loan of £165,000 offered in 12 days and completed in 19 days. Client was looking to buy a UK property prior to selling their Australian Home.

  •  

    Self-Employed plumber living in Australia bought £325,000 property with a £200,000 mortgage – property to be rented out with the lenders permission until purchaser returns to the UK at retirement.

Banner
Banner
Banner

Banner
  1. Value Of Property £
    Invalid Input
  2. Amount Required £
    Loan amount Required
  3. Invalid Input
  1. Country of Residence
    Invalid Input
  2. British passport holder?
    Invalid Input
  3.  
  1. Occupation
    Invalid Input
  2. Annual Income £
    Invalid Input
  3.  
  1. Your contact details
  2. Contact Name
    Please enter a contact name
  3. Contact Email
    Invalid Input
  4. Contact Phone No.
    Please enter a Phone Number

  5.   RefreshIncorrect code entered

Latest News

  It's reported that HMRC will take the view that anyone working in the UK for
  According to the National Bureau of Statistics, the number of United Arab Emi
The health of Europe's banks will come under scrutiny again later, when theresult