The United Arab Emirates is one of the most appealing locations for foreign investment. Most taxes and levies common in other countries have been eliminated here, and all aspects of investment-related issues are well-protected by law. Dubai is a global hotspot.  Savings accounts, commercial real estate, businesses, equities, bonds, mutual funds, exchange-traded funds, real estate investment trusts, and other income-producing assets are among the many options available to investors. There are numerous ways and places to invest your money to maximize your returns. If you are traveling to the UAE for business or investment, you should think about hiring professional investigation services.

Before investing money in the UAE, whether as an individual or as a business, you should do your homework and do serious due diligence. Gather as much information as possible is key to making a wise investment. If you want to be on the safe side, you should hire a professional to go over every detail of your purchase.  The potential rewards are great in the U.A.E., but in reality, the risk for fraud in this market is even greater.

UAE investigators recommend that you consider the following:

If your investment is the result of an internet negotiation and you haven’t met the people trying to sell you the land, commodity, stock, or whatever it is you’re trying to invest in, hire a thorough background check in the UAE as soon as possible. Before conducting a more thorough investigation into the business, the location of the land, or anything else, make sure that the people you are dealing with are honest, have no criminal history, and that their information is accurate. Even if the opportunity appears to be fantastic, you should be aware right away if they have a history of fraud or illegal scams.

After verifying the people, a local UAE investigation will help to further reduce the risks. For example, if you are buying land, you may want to pay someone to come to the site, conduct a local investigation, and conduct surveillance to take pictures and investigate the property.  A trained investigator can pull property records and get clear evidence on the property and owners so you can make an informed decision.

When dealing with corporations, international due diligence services are critical to your success. You might want to buy stock, outsource services, or start your own business. Any significant investment requires a thorough investigation that can provide details about the business under consideration. Is it in financial or legal trouble, how well are the business operating conditions, has it ever been charged with corruption, does it follow national laws and relevant international treaties, and so on? Before making any major decisions, it is critical to carefully consider many factors to ensure that you don’t lose money.

Last but not least, in light of the recent global hacking trend, it is critical to exercise caution when handling personal and confidential information. There is a high risk of data breaches nowadays. Scammers purchase databases containing financial and personal information on the black market, and it appears that the black market has access to a large amount of information. Never take cold calls from anyone claiming to be from the stock market looking for investors. No matter how appealing the deal appears to be, this is unlikely to result in any profitable investments. Never give in to the pressure to act quickly or you will miss out. Take your time to verify and your investment will be a safer one!

C. Wright

© Copyright Wymoo International.  All Rights Reserved.  This content is the property of Wymoo International, LLC and is protected by the United States of America and international copyright laws.  Wymoo® is a registered trademark.