{"id":326598,"date":"2023-03-17T16:00:42","date_gmt":"2023-03-17T19:00:42","guid":{"rendered":"https:\/\/anba.com.br\/?p=326598"},"modified":"2023-03-21T18:34:11","modified_gmt":"2023-03-21T21:34:11","slug":"dubais-real-estate-firm-seeking-brazilian-clients","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/dubais-real-estate-firm-seeking-brazilian-clients\/","title":{"rendered":"Dubai\u2019s real estate firm seeking Brazilian clients"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Dubai-based management company <strong>Provident Real Estate<\/strong> is <strong>seeking Brazilian clients<\/strong> for properties in the emirate. In April its CEO Loai Al Fakir will be in Brazil with executives of the company to present opportunities in seminars for investors interested in protecting their estate with properties overseas and firms that contemplates the Middle East in their internationalization strategies.<\/p>\n<figure id=\"attachment_326599\" aria-describedby=\"caption-attachment-326599\" style=\"width: 364px\" class=\"wp-caption alignright\"><a href=\"https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-2.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-326601\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-2-600x351.jpg\" alt=\"\" width=\"364\" height=\"213\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-2-600x351.jpg 600w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-2-150x88.jpg 150w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-2-768x449.jpg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-2.jpg 1014w\" sizes=\"(max-width: 364px) 100vw, 364px\" \/><\/a><figcaption id=\"caption-attachment-326599\" class=\"wp-caption-text\"><em>Representatives of the Arab Brazilian Chamber and Provident: Partnership<\/em><\/figcaption><\/figure>\n<p>The information was disclosed by the press office of the <strong>Arab Brazilian Chamber of Commerce<\/strong> (ABCC), which is holding a series of seminars for firms in Brazil. They&#8217;ll kick off on the 10<sup>th<\/sup> in S\u00e3o Paulo with an event for individuals and firms at the headquarters of the institution. On the 12<sup>th<\/sup>, the delegation goes to Belo Horizonte, seeking connections, particularly with coffee growers that already have trade ties in Dubai. The series of events ends on the 14<sup>th<\/sup> in Balne\u00e1rio Cambori\u00fa, Santa Catarina, with a seminar for upscale property investors.<\/p>\n<p>The mission aims to connect Provident with Brazilian real estate firms. \u201cBesides the regional events, there\u2019ll be time to discuss specific opportunities for investors and real estate firms that contemplate acquiring, investing or brokering real estate deals in the emirate,\u201d Karen Mizuta, head of international consulting of the ABCC, was quoted as saying in the statement.<\/p>\n<figure id=\"attachment_326606\" aria-describedby=\"caption-attachment-326606\" style=\"width: 315px\" class=\"wp-caption alignright\"><a href=\"https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3.jpg\"><img decoding=\"async\" class=\"wp-image-326608\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3-600x339.jpg\" alt=\"\" width=\"315\" height=\"178\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3-600x339.jpg 600w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3-1024x578.jpg 1024w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3-150x85.jpg 150w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3-768x434.jpg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2023\/03\/provident-3.jpg 1050w\" sizes=\"(max-width: 315px) 100vw, 315px\" \/><\/a><figcaption id=\"caption-attachment-326606\" class=\"wp-caption-text\"><em>Dubai grows as international destination<\/em><\/figcaption><\/figure>\n<p>In the past 50 years, Dubai went from a small pearl fisher community in the Gulf to a powerful oil exporting hub that has used its income from the fossil fuel to diversify its economy. With investments in the urban, commercial, industrial, logistics and tourist infrastructure in recent years, Dubai has been established as the leading economic hub in the Middle East as well as popular international destination.<\/p>\n<p>Furthermore, the local government has created incentives for foreign real estate investment by exempting real estate from taxes and granting residential visas of up to ten years to buyers of properties worth over USD 545,000 (AED 2 million). In 2021 these incentives helped the real estate market of Dubai see over 80,000 transactions worth of USD 80 billion, with 5% to 10% increases in the income of rent contracts from a year earlier.<\/p>\n<p>This is the market where Provident started operating in 2008, with services related to rental, purchase, sale, management and financing of residential and business properties, mostly for foreign clients, featuring the option of remuneration via crypto assets. \u201cFollowing the ABCC-Provident joint mission, we aspire to follow up on this partnership between Brazil and Dubai,\u201d the real estate firm said in the statement about its willingness to add Brazilians to its customer base.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<p>&nbsp;<\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-326605\">Provident<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dubai-based management company Provident Real Estate CEO will be in Brazil in April and will have appointments with investors interested in purchasing properties in the emirate.<\/p>\n","protected":false},"author":2316,"featured_media":326605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[9621,39993,39992,40689,15059],"class_list":{"0":"post-326598","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-dubai-en","9":"tag-dubai-real-estate","10":"tag-dubai-upscale-properties","11":"tag-imoveis-de-luxo-en","12":"tag-real-estate-en"},"wps_subtitle":"Dubai-based management company Provident Real Estate CEO will be in Brazil in April and will have appointments with investors interested in purchasing properties in the emirate.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/326598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=326598"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/326598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/326605"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=326598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=326598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=326598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}