Dubai is a investment friendly offshore jurisdiction and a major trading hub in UAE (Middle East). Dubai has attracted major wealthy and high net investors over the years for business and real estate. We assist investor clients in obtaining residence visa through setting up business or purchase real estate in Dubai or other cities in the UAE.
Key Advantages
– Residents can settle anywhere in the UAE
– Minimal application requirements for residence permits
– Minimal physical stay requirements for residents
Disadvantages
– No UAE citizenship and passport.
– Hot weather conditions.
Real Estate Investment
Under this program to obtain “Real estate investor residence visa”, the investor has to buy a property valued AED 1 million (approx $275,000) or more and also has to prove that his income is AED 10,000 per month. The residence visa will be granted for 3 years, however the investor is not allowed to work in UAE.
UAE Company Formation
Another route to obtain residence permit for foreigners is to incorporate a company in UAE and as a owner of the company, you can apply for residence visa. You can incorporate LLC or Free Trade Zone (FTZ) structure in UAE.
Taxes
Residents of the UAE are not subject to personal income tax, property and capital gains taxes, or net worth taxes. There are no corporate taxes for businesses.
Please contact us for more information.