ilmscore | Prediction Details
"So, everybody thought okay people any place which doesn't have taxes we will be able to launder money etc. Now Dubai did not want to be in that category. So once we follow compliance and global standard compliances all the multinational corporations can come here because we get global compliance and really low tax because 9% tax is still the lowest."
By Finance With Sharan | December 21, 2025 | Correct
From video
Why Indians Are Moving Their Money to Dubai Real Estate | The On-Ground Reality | FWS 85 00:11:37 - 00:12:00
Interpreted Prediction
Dubai has moved away from a reputation for money laundering by adhering to global compliance standards, making it attractive for multinational corporations due to its global compliance and low 9% tax rate.
AI Evaluation Notes
Based on multiple reports, Dubai has made strides in adhering to global compliance standards to combat money laundering. While the 9% tax rate remains attractive, the overall impact on attracting multinational corporations is more nuanced and depends on various factors beyond just tax and compliance.

Prediction Details

Topic
Dubai Real Estate Market

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