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UAE Foundation
In the UAE, there are three foundations: ADGM foundation (Abu Dhabi) DIFC foundation (Dubai) RAK ICC foundation (Ras Al Khaimer) These foundations are based on English common law. Foundations are perpetual, and thus are valuable for succession planning. They can also be useful for asset...- bio
- Thread
- Replies: 38
- Forum: Offshore Company
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Citizinship by naturalization with minimal Physical Presence requirement
Many countries offer citizenship by naturalization after X years of residency. Some of those countries have very minimal requirements for physical presence during those years of residency. I.e., Portugal. I am in no rush to obtain citizinship anywhere. However, I'd certainly like to take...- bio
- Thread
- Replies: 3
- Forum: Second Citizenship, Golden Visa & Immigration
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UAE: FZCO, VAT, CIT, SBR, TRC - Help?
A few months ago I moved to the UAE: I opened a FZCO w/ IFZA. I received my EID and UAE driver's license. I opened a personal and business bank account. I rented an apartment and received an Ejari/DEWA. I opened a personal IBKR account. I've lived in the UAE now for 90+ days. In that...- bio
- Thread
- Replies: 25
- Forum: Tax, Accounting, Licensing & Legal
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Wio Bank (UAE) - 6% interest
Wio Bank is offering 6% interest up to 5m AED until the end of 2023. https://wio.io/personal/ Seems like a decent place to park cash temporarily in if you are already set up in UAE. Hope this helps someone.- bio
- Thread
- Replies: 3
- Forum: Investment
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Turkish Lira crashing - How to take advantage? Via
The Turkish lira is losing value every day. Any ideas on how to make the most out of this opportunity? Are properties priced in Lira or USD? Perhaps a good time to take advantage of their CBI program? Get a good deal on real estate + a citizenship, then re-sell in a few years?- bio
- Thread
- Replies: 5
- Forum: Investment