Question for people who live in dubai.?

Question

is dubai tax free. i mean no income tax, sales tax and property tax or very low tax. and is there infaltion or specially food. is food expensive or cheap. and how much is gas or petrol per gallon. i want to buy a house so do dubai give it on fianance like loan. what is the interest rate.

Answer 1

There is no income tax and other taxes are low.  There are maintenance charges for properties which is like a property tax.  Petrol is cheap, food is similar to Western countries, restaurants are cheaper.

You can finance a house if you qualify (have a permanent job, not on probation).  Finance is a bit expensive, probably about 8% interest - depending on the property.