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Update: Dubai Investor Visa Changes (Not so Good)

Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://calendly.com/michael-rosmer?m... You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com Dubai is one of the most popular places to relocate at the moment! We currently have more clients moving to Dubai than anywhere else in the world. This speaks volumes about the quality of life and opportunities in this Emirate. UAE is a country of ex-pats - the majority of residents of this country are foreigners. So naturally, they offer multiple types of visas, and some are easier to obtain than others. All in all, emigrating to Dubai is generally a painless and quick process (especially compared to immigration to Canada, the US, Australia, and similar countries). Today we are bringing you an update on UAE residency options, as there have been some changes recently. UAE offers a long term visa if you buy a property, however when our clients are first moving to Dubai this is typically not the path they take, simply because they want to get the know the local market before purchasing. The most common visa type for our clients is a visa through a company formation in the UAE. This company's income is completely tax free, regardless of what business you do or where do your clients come from. This path would give you 3 year residency permit in the past, but unfortunatelly recently they've changed it to 2 years. This visa is renewable and it is quite easy to renew. Who are we and what do we do? We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc. We have lots of interesting articles on different topics, we have relevant information up to date. Author: Michael Rosmer Feel free to join our community! Don’t forget to subscribe to our channel    / @offshorecitizen