That Pakistanis have invested an amount of US $4 billion in the emirate is a claim that makes greater sense because of evident participation of a large number of Pakistanis in the real estate business of Dubai. A number of Pakistan-based land developers are said to have already entered into lawful agreements with their local partners in Dubai. Pakistanis, particularly those belonging to Pakistani diaspora based in the US, Europe and the Middle East, are said to have made a sizeable investment in Dubai's real estate. But the facts are still quite sketchy. Transparency International-Pakistan is, therefore, required to back its claim with concrete evidence to prove how and why overseas Pakistanis are violating the avoidance of double taxation convention signed between Pakistan and the UAE.
That Pakistanis have invested an amount of US $4 billion in the emirate is a claim that makes greater sense because of evident participation of a large number of Pakistanis in the real estate business of Dubai. A number of Pakistan-based land developers are said to have already entered into lawful agreements with their local partners in Dubai. Pakistanis, particularly those belonging to Pakistani diaspora based in the US, Europe and the Middle East, are said to have made a sizeable investment in Dubai's real estate. But the facts are still quite sketchy. Transparency International-Pakistan is, therefore, required to back its claim with concrete evidence to prove how and why overseas Pakistanis are violating the avoidance of double taxation convention signed between Pakistan and the UAE.