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  1. rowena

    EMI for UAE/Dubai

    This is not correct. I opened my company account without any investment, even without office space and it is FZ.
  2. rowena

    EMI for UAE/Dubai

    DMCC and DSOA are different Freezones and of course they have different prices. DMCC is the best and most reputable FZ in Dubai and that's why it is also expensive but it doesn't mean you should go with the most expensive option. It depends on your business. I believe the pricing of Fred is very...
  3. rowena

    What's savest EMI for 20K SEPA transfers without blocking?

    Obviously, TW or any reputable financial institution is not going to provide any statement or promise to you. If you have all your documents and your business is legal then you can use TW without issues. Other good options: - Paysera: The biggest EMI in Lithuania. - Payoneer: USA-based...
  4. rowena

    Crypto-friendly banks in UAE

    Don't spend time with local UAE banks and none of them crypto-friendly. If they ask for a physical form of the cryptocurrency as source funds or a "stamped" document for the crypto transfer, don't suprise. Swissqoute is the best option for you. If you're going to transfer more than €500K then...
  5. rowena

    EMI for UAE/Dubai

    I never heard something like that. Can you provide the source?
  6. rowena

    EMI for UAE/Dubai

    Audit depends on the Freezone(for ex. DMCC requires) but you need accounting(at least you should keep your records).
  7. rowena

    EMI for UAE/Dubai

    The full(accounting, audit, office space, license, visa etc...) one year running cost will be about min 15-20 usd. You can use AstroLabs for easy and afforable setup.
  8. rowena

    What EMI for UAE / United Arab Emirates company?

    Yes unfortunately, they are banning good services to rescue local banks.
  9. rowena

    RAK ICC Bank Account

    I have 2 recommendations for you. Don't. Find another agent.
  10. rowena

    Dubai has started giving away citizenships

    You can deposit 2M AED to the bank/fund and you can get a 10-year visa now. You can also withdraw the money after 2 years. It is much straightforward than Spain/Portugal but the downside is this is a residency program, not citizenship. As I mentioned before, I'm expecting a 5-10M AED threshold...
  11. rowena

    Making the list of the Buy and Forget investment with monthly income in today's overpriced Market.

    It is a very popular ETF. You can buy via almost all brokers(Interactive Brokers, Saxo, Swissqoute, etc...). If you don't know how to buy it check the bogleheads forum.
  12. rowena

    Dubai has started giving away citizenships

    As expected, Abu Dhabi just announced their new golden visa program and it is cheaper more than 60% compared to the current one. 10-year visa for 2M AED fund/bank deposit investment. 5-year visa for 2m AED real estate investment. https://www.tamm.abudhabi/en/Golden-Visa
  13. rowena

    Making the list of the Buy and Forget investment with monthly income in today's overpriced Market.

    Vanguard LifeStrategy funds are very good. They're easier to manage but suitable for specific country residents(because they're hedged and country-specific weighted).
  14. rowena

    Making the list of the Buy and Forget investment with monthly income in today's overpriced Market.

    Nope, the fund managers will do nothing because it is a passive fund(not managed actively) and only follow the index also the index doesn't change often. Any stock can go up or down sharply but if you invest in 3500 companies in 50 countries then the sharp movement of a single company doesn't...
  15. rowena

    Making the list of the Buy and Forget investment with monthly income in today's overpriced Market.

    Nope, it is truly All World fund. Countries weighted by their market-capitalization as they should and the USA is the biggest economy. This fund even includes emerging markets. Also please note that, the fund is tracking the FTSE All-World benchmark it means the weight of the...
  16. rowena

    Making the list of the Buy and Forget investment with monthly income in today's overpriced Market.

    It depends on your risk appetite and investment horizon but no need to create a complicated/time-wasting structure. Since you're looking for something for life, I assume you're not interested in high-risk investments(stocks, exotic currencies or countries, etc..). If you're ok with a yearly...
  17. rowena

    Dubai has started giving away citizenships

    It is called UHNWI and doesn't change per country. You can go to DIFC and check private bank HNWI requirements.
  18. rowena

    Dubai has started giving away citizenships

    This is not correct. They already give citizenship with an invitation(called wasta) since 2000. This is a new program and you can get citizenship by real estate investment. They will announce the exact amount of real estate investment very soon. They will also give a citizenship to special...
  19. rowena

    A new Dubai Instant company License ??

    It completely depends on your business nature. If your business falls into related activities then you have file a notification(+report probably) otherwise you don't have to do anything(no notification or report).
  20. rowena

    A new Dubai Instant company License ??

    It applies to all companies and no need to fill if you're not dealing with the related activities.

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