INVEST

Ras Al Khaimah is one of the fastest-growing tourism, investment, and lifestyle destinations in the region, welcoming investors from around the world. With one of the largest economic zones that is home to more than 45,000 companies, Ras Al Khaimah offers 100 per cent ownership of firms and zero income tax – making it an attractive and compelling destination for businesses.

INVESTMENT OPPORTUNITIES

A nature driven destination of sprawling deserts, beaches and stunning mountain landscapes, Ras Al Khaimah offers investment opportunities across its mountain, desert and coast.
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SELECTRAK

SelectRAK is the latest strategic initiative from Ras Al Khaimah. The high-impact investment initiative - SelectRAK, will position Ras Al Khaimah as the place to invest in and a gateway to affordable luxury in one of the region’s most picturesque settings. Endorsed by the government of Ras Al Khaimah, SelectRAK is rolled out in partnership with Arton Capital, a leading government advisory company.
A key engine of investment and tourism activity, SelectRAK will focus on providing an array of benefits to investors, including long-term residency based on criteria outlined by the government. By enhancing the appeal of Ras Al Khaimah for investment, the initiative will help build all core economic sectors, including healthcare, hospitality, education, trade, and retail, in turn, creating new jobs and supporting domestic enterprises.
SelectRAK will also support investors in registering and operating international businesses from Ras Al Khaimah, and assist in finding a home of their choice in the picturesque setting of the Emirate. All investors who meet the criteria and other guidelines mandated by the government, will also be provided long-term residence visas.
SelectRAK will focus on promoting Ras Al Khaimah as “an authentic escape to affordable luxury” and highlight its differentiating strengths - including the diverse tourism attractions spanning the mountain, sea and land; the high quality of life assured; business opportunities; and rich cultural heritage.

WHY TO INVEST?

In addition to its natural beauty and world-class hospitality, experiences and attractions, Ras Al Khaimah also offers a competitive business environment. The government’s institutional approach has made the Emirate an investment destination of choice for SMEs and big businesses alike. Ras Al Khaimah has had its ‘A’ rating with a stable outlook affirmed by the global agency Fitch Ratings. Fitch has maintained Ras Al Khaimah’s ‘A’ rating for more than 10 years and the agency highlighted to Emirates’s low and declining Government debt burden and high GDP per capita as key rating drivers.

GROWING TOURISM MARKET AND HIGH-PERFORMING INDUSTRY

With an ambitious goal of welcoming 3 million visitors annually by 2030, Ras Al Khaimah is enjoying high performance levels with excellent occupancy levels and high revpar. Numerous hotel projects are being planned or are already underway, and with a robust pipeline of more than 4600 keys, the hotel inventory in Ras Al Khaimah is expected to grow by 70% from the existing inventory of 8130 keys. This is the highest addition to inventory (proportionally) as compared to other Emirates.

TRENDS AND INVESTMENTS

Aspirational travel: Wow-factor investments in reward-seeking assets like luxury hotels and resorts.
Ecotourism: Utilization of unique assets and the natural terrain to attract tourists and tourism investment. Attracts 20-40% of all global tourists. Eco-concepts include parks, retreats and mountains.
Wellness travel: A distinct, year-round product that encapsulates the unique natural attributes and satisfies a growing demand for micro-escapes. The sector is growing twice as fast as overall tourism.
Adventure tourism: Investments flowing toward various tourism services that offer many different organized activities, such as outdoor recreation. One of the fastest growing tourism sectors (longer stays, higher spend).

KEY STRATEGIC PARTNERSHIPS

Download the presentation to learn more about the tourism outlook and investment opportunities in Ras Al Khaimah.
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KEY STRATEGIC PARTNERSHIPS