How can I send money from india to dubai?
Yes you can transfer YOUR money to Dubai.Call your bank, they will transfer your money to Dubai. Forex transaction happens between 10 am to 3 pm from Monday to Friday. You need to be physically present in the bank to transfer the same (for the first time). make sure you keep the required document handy.the bank will deduct around ₹1500+ to transfer the same amountyou need to give the details of your friend account including the reason or the purpose, etc... and then your are done, the same will be credited with 24 hrs.Caution:Please don't transfer any money that does not belongs to you (you include your family) and,The money that you cannot give proper explanation or account to.You should give proper and true reason for why are you sending the said amount to your friend.The amount should not exceed the limit as prescribed by RBI( Reserve Bank of India) the limit may vary depending upon the reason.If it exceeds that a Certificate should be issued by a CA ( Chartered Accountant) i.e. form 15A and 15B etc..
I am an Indian working in Dubai. I want to start an export business from India to Dubai. What kind of products should I begin with?
This certainly depends on the amount of capital you have access to. I say this because it becomes difficult to supply products from India to Dubai without offering credit to the local suppliers. They almost never want to deal with companies on upfront cash unless they get at least 20% margin on the product - that makes the product expensive for the end-users.You may consider exporting Indian spices, seasonings and condiments to Dubai grocers or small local suppliers. This will give you an idea about the market and at a considerably lower investment. There are many possibilities as stated in other answers but it is not as easy as it sounds in the answers. You may want to download our mobile app http://Ishtoapp.com to find suppliers and buyers from UAE or alternatively go on http://Alibaba.com to get started.
Is it a good idea to invest in a property in Dubai?
As opposed to, are there better places to invest in, or are there any issues in Dubai?I’m not a property investor, but I can give you some common sense advice about Dubai, and the buildings here.Quality is poor. Really poor. I lived in perhaps the most iconic building in the Marina, and human waste seeped through the roofs because the plumbing was so poor.You need to factor in delays and occupancy issues. My building was bought by my landlord off-plan and wasn’t completed until at least two years after the ‘completed date’. Regarding occupancy, they always lie (in favour of higher numbers) so if your building is likely to be uninhabited, what happens if there are leaks, AC issues, or general defects? The apartment below mine was a temporarily inhabited one because the resident travelled a lot - she came back to her prized chandelier smashed because the ceiling was damp, and nobody knew.Visit Dubai and get to know the areas - it’s not unknown for property investors to think they’ve got a Marina property and it’s 30km outside of Dubai past Sports City.Be prepared to listen to more jive talk and BS than Huggy Bear on acid. Yadda Yadda Yadda, habibi, yalla! Assume all property agents are not truthful and maybe you may get the handful that talk sense.If anyone mentions EXPO to you, tell them to wash their mouth out. It’s the equivalent of “Field of Dreams” as Dubai is really feeling the pinch these days:-struggling economyreduced tourismfalling hotel profitabilitydelays in payment in government and private sector paymentsrising cost of livingimminent VATjob market on it’s kneesclosedown of many businesses - including big-name restaurants etc.even allowing alcohol to be purchased in bars in public during Ramadan for revenueAbove all, bear in mind what catches most people out in Dubai. They see a mockup pic of an apartment and acres of green and water around, and honestly expect a building with a clear zone all around. Then they are up in arms when another skyscraper is built almost touching balconies, and certainly blocking that Palm Jumeirah view that was claimed.Oh, they should sell ‘X-ray’ spectacles with the apartments that say ‘Burj Khalifa views” - unless you’re an X-man of course.Bottom line - as long as you can price on the downside of slope, and accept all of the above, there’s no reason to see why property cannot rise. However, be aware some property in Dubai is still only now reaching the price/value it was pre-2009 crash…..
Would it be profitable to buy gold in dubai and sell in usa?
It depends on what kind of gold you are talking about. Gold bars/coins, etc? To import such items wouldn't make any sense because you would buy them tax free in Dubai but would have to pay tax at US customs. Where you may make some profit is buying jewelleries procuced in "cheap labour countries" and then sellng them in the USA. But in this case it would make sense to buy the jewelleries in the producing countries direcly. Please note that gold in Dubai isn't any cheaper than anywhere else. It's just taxfree. Profit on gold (not jewelleries) is made when bought while the gold rate is cheap/low and sell it after the price/rate increased. Same system like shares/bonds/ fonds, etc. If you for example would have bought gold a couple years ago and sell it now, you would make some profit. You also may take into consideration when buying gold in Dubai, the seller in Dubai will take his piece of the cake already:) edit regarding your additional: i. e. India, but buying jewelleries produced in India or any other country you may overthink the taste of US customers. Companies working in this field have their items produced in "cheap labour countries" regarding their customers demand/expectations.
I'm from India. Can I buy an iPhone 6 from Dubai for a cheap price and get it unlocked in India? How much would it cost, or how can I get it for cheaper?
Just three point for you,You don't need to unlock the iPhone 6, if purchased from Dubai.You won't be able to claim warranty in India.In-case of any damage you will need to send the iPhone back to U.A.E.I too purchased an iPhone 6 from U.A.E., for a friend in India.While traveling back to India. At the airport, keep the iPhone, in your pocket. Don't keep it in main luggage or hand luggage. There are two benefits for this,Your phone will be safe.Usually Customs Officers don't trouble, but once they do find iPhone, they tend to ask lots of questions. Based on my experience.The cheapest place to buy iPhone will be online, or from some regular store. Rather than buying from major retailers. I bought it online, from crazydeals. I bought iPhone 6 (Plus 64 GB) for AED 3199, and the major outlet were selling it AED 3399. I still got an Apple 1-year warranty too.