Why Do Tennis Players Live In Dubai? We have the answer to that question, and yes we are ready to tell. Visit our site and quench all queries.
We all know and can agree that Dubai is nowhere close to the cheapest country, Dubai is in fact one of the world’s richest countries so it’s obvious why it’s so expensive to live.
Now that you all have been asking which makes total sense is why do tennis players live in Dubai? All that and more will be answer in a short while from this. We are now seeing a large variety of pro-tennis players adding Dubai on the resigned list of living, some are even moving before resignation.
Not only tennis players are adding Dubai on there listing but a wide range of pro-athletes in the world are now seen Dubai as a place to live. Let us get straight to the point, the reason why tennis players have Dubai on their residential list is because of the country’s low tax rates, and if you are getting under a certain amount you won’t be tax or pay tax.
Tennis Players Tax
It’s no joke when it comes to the taxes in tennis even common that some of our pro-tennis players are been tax twice. The more you make the higher tax fee you will be charged and in tennis, the taxes are a bit different however similarly the same as what most rich person would endure. When a tennis player wins prize money from any tournament or event that money is then been tax from the get-go.
After you have been tax by the event you then would have to pay the tax in the country that you are resigned in as well. So you end up paying two taxes and trust me there are two large sums of money coming out your money each year I hope you get the picture of why more and more professional tennis players are moving to Dubai are adding it to their moving list.
In the country of which the event has been hosted it common for them to charge in the region of 30 to 45% from the winning prize money, it will all be depending on the countries international tax rules. After that fee has been deducted and paid you then would have to pay in the region or anywhere between 30 to 50% taxes again in your resigned country that you live in.
Paying your taxes is crucially important to one’s career as a professional tennis player if you leave them go build it you will become broke later on down the line. That’s why a lot of persons that are making millions per year are moving to countries that have low tax fees and Dubai is one beautiful paradise with low tax rates so its no shock to see why tennis players are now choosing to live in Dubai.
Tennis Players And Dubai
Let us get into some of the other great factors of Dubai for starters, it’s a beautiful country to live in its like paradise on a daily bases. The crime rate is exceptionally low especially in the act of an illegal weapon bein drawn. The weather is just about perfect and good for most of the year its estimated to get good weather for at least 8 months. There’s is nothing more comforting than living in a low crime hight standard low tax county with good weather at the same time.
Just reading about it makes you want to move to Dubai without reaching the pro-leagues in tennis, apart from tennis players moving there its a good country indeed there are lots of good beneficial jobs available and job opportunities there as well. Due to the super low cost in gas prices in the country moving around is almost free the taxi and transporting fees are more than reasonable.
Ranked #4 on the ATP Pro-tennis listing is Roger Federer when you hear this name you hear Dubai. Roger Federer is the most popular public finger of tennis that bought a property in Dubai and now resigns in the country taking in all the good and glorious benefits that the country has to offer. He also benefits a lot from the weather temperature when it comes to training.
I personally think that Roger Federer has inspired many other professional tennis players to move to the county of Dubai. There are a few others that resign there however they are not it’s popular as he would be so far Roger Federer I would say is the most popular professional tennis player living in the country at this moment.
Things That Are Not Frequently Talked About In Dubai
- It is illegal for unmarried couples to live in a certain part of the country
- If you are used to living in New York then you will be used to the heavy traffic if not it will be difficult to adopt.
- Intence heat, however, most the places have an air conditioner
- Hight rent but I would assume that you will be buying
- You will a permit in which most countries require
Other Popular Areas For Tennis Players
Aside from Dubai, there are a few other countries known for low taxes or good weather climate that tennis players are living in due to the benefits of the country. The Bahamas, Switzerland, Monte Carlo, Florida State In the United States Of America alongside with a few other states. Like most rich residents in the world, they have more than one home worldwide.
It’s common for some to have two or three in the different countries, its a common factor to buy your first house within the country that you were born and then you would start thinking of branching off. The downside of having multiple homes in the different counties is that your tax rate will be up and you can be paying tax in the two countries depends on where you live and the tax rules.
Though the attractive prospect of low taxation is the key factor that draws most tennis players to this ultra-modern city, it is not the only one. Listed below are some more reasons that Dubai continues to attract high ranking tennis stars, lets take a look at them:
The weather
It might surprise you to know that the weather is one of the factors that a lot of tennis players find Dubai to be great. Though the city faces extreme heat for some parts of the year, the low possibility of rain is a great advantage to players who wish to train all year round. This is also one of the reasons cited by tennis ace Roger Federer who is a resident of the city.
Great amenities and facilities
Dubai is certainly in no dearth of luxuries. Players can make use of all the facilities provided to them by different clubs. Several clubs and sports centres in the city import equipment from the West and provide their clients with top-notch facilities which not only improve their form but also allow them to experience the latest in the field of tennis.
Better focus
This point is rather ambiguous, however, many players have reported that staying away from their home countries has allowed them to be more focused on the game. Since they have little chance of meeting family and friends, they spend most of their time at the nets.
Easy access to the rest of the World
In terms of accessibility, Dubai has become the Centre of the World. Its airport is one of the largest in the World and is connected to almost every corner of the Earth. This is especially useful to tennis players who need to travel all over the World for tournaments that are held in different cities and countries.
Final Thoughts On Why Do Tennis Players Live In Dubai
When you really compose everything that was listed above about why do tennis players live in Dubai, everything just makes total sense. Who would want to be tax again after paying their tax from the prize money then to pay a next tax within their resigned country. Its no wonders why so many tennis players are moving to countries like Dubai that have low tx streams next to nothing.
The taxes are very hight in tennis and the more you earn the more you will be taxed so why not move the money you probably paying high country tax with can probably but a house in one of the tax-free countries. Like every new chapter we take in our lives it will seem to be a bit strange however it will work its way into the play.
I totally agree with the reason why tennis players live in Dubai and the other related countries, am sure if you were in their spot you would probably think or do the same. Thanks for reading and teaching the end in our article please remember to check a few of our other related topics like How the Score 15 30 40 got created in tennis.
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