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You need to be resident (have Emirates ID). Find what you like, sign a contract, write checks (usually 1,2 or 4 checks) and check for security deposit. With the contract you go and get it registered and get an Ejari and also switch DEWA into your name (water/electricity) and another 2.500 AED...

Can you elaborate more on Serbia part? I guess Belgrade is better than Sofia - but how about business/tax side of the things.

I have not seen a lot of these dry walls. Mostly the walls are built of some cheap blocks that look like Ytong blocks. Construction expert will not help you much as you can just knock on the wall and figure out if it's a dry wall or the real wall. Also sometimes the problems are the pipe noise...

Chinese? Does it work like described in this video:

Stake has just published their H1 2024 report https://drive.google.com/file/d/1UTvel6KXRbpQNPk1uiW6TDu--HMMoUAs/view It's interesting to see that their investors: Aramco is Saudi oil company and Mubadala is UAE investment fund - so their main supporters are UAE and SAR govs.

Well, couple of reasons, actually: It's a money thing - since if it's just a 5% (on top of 9% people already pay) it's abut 14% in total. People have other options in this range especially taking into account the increase in cost of living in Dubai. Again, it all comes down to a specific...

If PIT is introduced in the UAE - it's game over for them.

A 5k AED is $1,250 so it's not that much but 6 months in jail is no fun!

Committing (or attempting) suicide is against Islam (haram) and it's punishable

I have the account but never used them. But I have been following what's going on for quite some time out of curiosity. Here's what I know: They are regulated by the Dubai Financial Services Authority (DFSA). This should be a good sign as Real Estate is a big thing in UAE and it's been closely...

Agreed. But this is a great way to diversify across the different areas within the city. Also it's good for people that do not have the amount to buy a whole apartment so they can buy 5% here ,10% there etc.

Sorry to break it down on you, but you can't live almost anywhere (livable) off the 500k invested. Let's say you get 5% return that's 25k. Even if it's possible to live of only a 25k/year, can you sustain 5% return/draw rate? And that's under the condition you get all the money (without paying...

BoCc was fine when we used them but were quite pricy: €50/month maintenance plus a bunch of other fees and if they had to re-do KYC they would charge us that €600-700 extra (and f**k us with requesting a bunch of documents). But online banking, mobile banking and even phone banking worked...

You can invest in broad market or sector ETFs. You can find a lot of information online. Be careful who you speak with as most of these will try to sell you their investment products.

Have you checked at Stake (getstake dot com), don't want to advertise them in here. Looks like something like lofty in US. They do recognize the investment towards the golden visa.

Thanks to @bibing for the input on Philippines real estate market. I guess it's much better to rent what you need and invest your money somewhere else. Do you know what's the situation in Malaysia (KL to be precise)?

That's crazy! That's like someone's rent or half of the salary. It's nothing!

MKB Bank now called MBH Bank.

I agree that Cyprus won't do s*it unless they are pressed from the outside. Now with Merkel out of the way nobody seems to be pushing them LOL Just for the clarification, you have two different things here: 1. Person having no company with 2.5M of liquid NW in his name and with 500k property...

UAE gets a tip to arrest some criminal. They go ahead and arrest that person (sometimes even make a nice PR video). Now they have their "golden fish" and they try to get something in return from the country that is asking for that person to be extradited. If they don't get anything what they...