Dubai tax residency: the illusion sold by TikTok and OffshoreCorpTalk gurus

[JohnnyDoe]

I had to ask him the dates just to confirm...
He moved to Dubai in January 2019. He started renting first.
He was a frequent business visitor of Dubai before that.
He cashed out most of his Bitcoins in 2023 to buy the house, cars, etc. Everything fully paid! $3.6M.

He was one of the most ardent proponents of Dubai I knew IRL.

Sad story… but he paid zero taxes 🤣

 

[Marty McFly]

It’s foolish to think to make money by buying a random apartment in Dubai. Real estate investing is something different.

 

[jafo]

It’s foolish to think to make money by buying a random apartment

NGL, I used to believe this delusional bullshit, too, when I was much younger.
I'm so happy, this delusion was BEATEN out of me. F******ck!

 

[Fiscal]

I have to admit, I've never seen anything pushed so hard as the UAE 'dream' and everything that entails. From real estate to business packages, the marketing companies are countless. I still get approached regularly. It's a well-oiled machine that works to a certain extent, because rents kept rising (artificially or not, I don't know) hard until the recent attacks.

I keep seeing videos of rocket impacts. Recovery flights are proving difficult, and the exodus seems quite significant now. I'm very curious how long this will last. And I'm also very curious how much reputational damage this has caused long term.

 

[CEO]

I have to admit, I've never seen anything pushed so hard as the UAE 'dream' and everything that entails. From real estate to business packages, the marketing companies are countless. I still get approached regularly. It's a well-oiled machine that works to a certain extent, because rents kept rising (artificially or not, I don't know) hard until the recent attacks.

I keep seeing videos of rocket impacts. Recovery flights are proving difficult, and the exodus seems quite significant now. I'm very curious how long this will last. And I'm also very curious how much reputational damage this has caused long term.

Dark marketing, all shit.

 

[Paratore]

Dark marketing, all shit.

Come now. It’s not all shit for the psychotic bedouins or the slavic whores. Well, ok, it probably is for the slavic whores.