Dear forum
I've got a customer that has sold precious metals to some investors in UAE.
He now is about to get a big check, many M's. They are going to pay him with a transfer from a dubai bank to an a business account in Spain.
After recieving the money has to pay some fees to other intermediaries that are in the UAE.
So, i've told him that before getting the money, to setup his residency in dubai, so the tax structure for him could be easier and also they don't rip off the transfer fees.
If he does not want to do this,︀ what other options are to pay low fees for incoming money and for outgoings that︁ has to pay to the dubai intermediaries.
Is there any plattform that applies low fates︂ for tranafers (big amouts, like 4-5MM $)
Thanks
I've got a customer that has sold precious metals to some investors in UAE.
He now is about to get a big check, many M's. They are going to pay him with a transfer from a dubai bank to an a business account in Spain.
After recieving the money has to pay some fees to other intermediaries that are in the UAE.
So, i've told him that before getting the money, to setup his residency in dubai, so the tax structure for him could be easier and also they don't rip off the transfer fees.
If he does not want to do this,︀ what other options are to pay low fees for incoming money and for outgoings that︁ has to pay to the dubai intermediaries.
Is there any plattform that applies low fates︂ for tranafers (big amouts, like 4-5MM $)
Thanks
