I lived there for a year, and yes this is pretty much it. Compared to the rest of the Middle East it&#x27;s a very stable and open place, it&#x27;s mostly on par with Western cities.<p>You can get a residence visa and open a company for around $20,000 which makes it an attractive option for the rich to flee from whatever oppressive regime they have at home. For Westerners the main attraction is no taxes and the glitzy lifestyle.