Search results

I talked with three real estate brokers in Qatar. It turned out that the property registration fee is 0.25% for locals, but if an expat buys property in a appropriate freehold zone - the developer will take one percent, so it totals to 1.25% though.

That's exactly what I mentioned in the post above smi(&% Amazon and something like Deliveroo would be enough

Agreed, but seems like they are slowly starting to move in the right direction. Dubai is one hour away from Doha, so I think this combination of the two is worth considering.

Thank you very much! I have already read and re-read it.

The more I research the details, the less appealing property ownership becomes to me. While I'm still investigating everything, I'm increasingly thinking that long-term rental might be the better way to go.

Hi Everyone! I'm researching Qatar and comparing it with Dubai. I've noticed there's significantly less information and reviews available about Qatar online and on forums. Actually, I find this "quietness" quite appealing and intriguing. :cool: Looking at the objective advantages of Qatar over...

So, I've been doing my homework - diving deep into forums about this topic. Big thanks to all the kind souls sharing their wisdom there - some really good stuff! I also went on a little investigation spree, chatting with a couple of big-shot Dubai real estate brokers about buying property with...

And the next step, they'll kindly ask for your crypto wallet seed phrase to “make sure everything matches exactly as you said.” Of course, it's just a new internal compliance requirement they're not prepared to discuss with you, but hey, nothing personal ”” they're just following the...

I think this person has a slightly different mindset and he was able to escape twice already. As it turns out, he is quite popular and not appearing in news columns for the first time.

American Businessman Wanted by Interpol, US and Panama Police Arrested in Moscow 74-year-old businessman Brian Nelson Booker was arrested by Moscow police on Varshavskoye Highway on December 12. When checking the American's data, it was discovered that he was internationally wanted for fraud...

Hello, I am considering options to buy a secondary market property in Dubai for myself. I would be grateful for advice on how best to formalize the purchase in the current conditions and why - like whether to register the property on myself or open a legal entity for this etc. The purchase...

It is even worse. I have asked much more simple questions to local people in the UAE who consider themselves lawyers and received different answers, sometimes even contradictory ones.

Let us go further and consider a scenario where the minutes were signed in Bahrain. The formal decision maker is a resident of Singapore and has the position of general manager, as appointed by the director. The director is a UAE resident, but at the same time he has limited the scope of his...

What if one is thinking hard on a decision in UAE, but then goes to Bahrain and makes it finally there? From the perspective of tax authorities, what is considered the trigger for "committing to a strategic decision" and how could they investigate it?

The gods are trying to protect you. They were too noisy promoting that tightly working with crypto and seems like it was bad idea. I mean - screaming loudly, that we are "crypto friendly". See my little story, I had a business account there since 2019, and was happy to close it in 2023.

I had a business account. There was an agonizing communication experience that lasted about 12 months, but thankfully parted ways with them without loss. I communicated with a live manager, but it was not much different from communicating with a bot. The "divorce" happened on my own initiative...

By introducing corporate tax the UAE has already taken care that the income of individuals does not exceed a certain value. If you receive income from active business and it exceeds AED 1M - you will have to register it and become a corporate tax payer. With this arrangement, I think we should...

At the moment, while there are no specifics clarified, I think it is worth taking care of proper record keeping - decisions, contracts, resolutions, minutes, etc. - all of these should be officially documented outside the UAE. Of course, this raises a new question - what if all this happens...

Let's summarize the current situation based on the facts we have so far: There are *no* clear guidelines or precedents on how effective management and control will be assessed in UAE. This area remains unclear, the fact - we are making assumptions. We supposed to address several questions...