Dubai Just Changed the Freezone Visa... (Terrible)

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  • Опубліковано 23 гру 2024

КОМЕНТАРІ • 126

  • @charliejohnson-cjcoachingt500
    @charliejohnson-cjcoachingt500 2 роки тому +5

    Solid click bait title

  • @hendrixansel9750
    @hendrixansel9750 2 роки тому +8

    Is Dubai's commerce register public or private ?
    In other other words, can you see who owns the mainland or freezone company if you search it by name in that register ?

  • @MacSaxe
    @MacSaxe 2 роки тому +7

    Does an existing 3 year freezone company visa remain 3 years or does it reduce to 2?

  • @peterramsay1767
    @peterramsay1767 2 роки тому +19

    ‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

    • @kathyfrugalsen3047
      @kathyfrugalsen3047 2 роки тому +1

      Hard to tell if this is the right platform for this. But ill try anyways as this is still considered business. Given the present conditions, is it better to invest
      into Real Estates or into Stocks? Which would yield better output.

    • @frankdouglas1562
      @frankdouglas1562 2 роки тому

      Very sound advise! I have been into both for long and though I won't say I have lost a fortune, I have squandered quite
      alot... If it's not a problem, do you mind recommending the pro you worked with? I could definitely use the help of one right now... I look forward to your reply...

    • @ariaibrahim1291
      @ariaibrahim1291 2 роки тому

      Why not both??? diversify!!!

    • @steceymorgan814
      @steceymorgan814 2 роки тому

      @Chris john Thank you..

    • @marklittler784
      @marklittler784 Рік тому

      @@kathyfrugalsen3047 Real estate gets lots of repossessions when interest rates are high so there are bargains to be had and money to be made especially just before interest rates are about to drop builders tend to be cheaper and more reliable too.

  • @garygoodger
    @garygoodger 2 роки тому +6

    If you get the residency through starting a company, and only visit Dubai once per year, can you still call Dubai "home" in terms of your place of residency?

    • @unkown1notregisterd181
      @unkown1notregisterd181 Рік тому

      You need to live there for more than 180 days to pay no taxes

    • @garygoodger
      @garygoodger Рік тому

      @@unkown1notregisterd181 that's not true, and also that wasn't what my question was regarding.

    • @marklittler784
      @marklittler784 Рік тому

      The country you mainly reside in would have their own tax rules as well surely

    • @saltymonke3682
      @saltymonke3682 Рік тому

      you can declare it as your tax residence as long as you have an address/domicile statement in Dubai. Dubai authority doesn't care really, because there's no income tax. But I think it's because you wantvto show it to other jurisdiction right? yeah you can, but convincing other jurisdiction is your job.

  • @doctorstrange69
    @doctorstrange69 2 роки тому +5

    Does the Green Visa still require a "once per year" visit? Is there a way to visit at the end of the first year and then the beginning of the second?

    • @WealthyExpat
      @WealthyExpat  2 роки тому +2

      Once a year is required for sure

    • @janpipiet1606
      @janpipiet1606 2 роки тому

      @@WealthyExpat do you need a medical exam if you apply for golden visa?

    • @FernandoMartinez-nq8dt
      @FernandoMartinez-nq8dt 2 роки тому +1

      @@janpipiet1606 yes sir

    • @Pajtim2023
      @Pajtim2023 2 роки тому

      @@FernandoMartinez-nq8dt what kind of medical exam

    • @UX-Crypto
      @UX-Crypto 2 роки тому

      Hi Rafael, I thought you would have to visit once every 6 months or has that recently changed?

  • @reazurrahman4831
    @reazurrahman4831 2 роки тому +25

    The most unsafe place on earth to invest is Dubai. Their terms and conditions always changing like sky color.

    • @albacan
      @albacan 2 роки тому +2

      You might be right but it's a great place to hide ownership etc. Problem is having to visit once a year.

    • @saltymonke3682
      @saltymonke3682 Рік тому

      nah... it's just recently because of OECD pressure on Grey List of Tax haven and the new world minimum corporate income tax rate of 15%.

    • @ashfaquemulla7754
      @ashfaquemulla7754 Рік тому

      Land of false promises

  • @meradjahfawzi1699
    @meradjahfawzi1699 2 роки тому +2

    Do you have clients from High risk countries ( north Africa, Algeria or Morroco, Tunisia...) that got business bank accounts for their freezone company ?
    I've heard that not all procedures are easy if you are not from a top tier country and bankers are reluctant to allow you to have a business bank account.

    • @Carey1135
      @Carey1135 2 роки тому

      Indians can get bank account so I guess you can get too

    • @vacancierpermanent1238
      @vacancierpermanent1238 2 роки тому +2

      Algeria high risk country , are you joking ?

    • @meradjahfawzi1699
      @meradjahfawzi1699 2 роки тому +3

      @@vacancierpermanent1238 it is according to multiple posts on a forum called offshorecorp something like that, multiple African countries are able to have personal bank accounts but not business bank accounts for their freezone companies in UAE.
      i'm Algerian by the way and I hope it is not the case, that's why I'm asking..

    • @meradjahfawzi1699
      @meradjahfawzi1699 2 роки тому +1

      @@Carey1135 I haven't heard issues with personal accounts, just the business bank accounts for low tier countries passeport holders for their freezone companies

    • @meradjahfawzi1699
      @meradjahfawzi1699 2 роки тому

      @@vacancierpermanent1238 i see you are algerian too that's why you made the remark lol
      I'm pretty sure you only use your french passeport to get things done, that's why you didn't have the feeling of being from a High risk country.
      Every bank and EMI refuses you when you are Algerian apart from a few selection. And they are right to do so because our country doesn't offer protection for them you can get away with anything and actually our gouvernement blocked many PayPal features for us because of Money laundring as they say you are only able to have 100 euros for travel purposes lol it is a corrupt country don't let our Algerian pride to block you from realising that.
      By the way every Algerian use a lithuanian bank called Paysera we can't use our banks, and shockingly the new but not really new gouvernement tried many times to block that and contacted the bank to stop providing their services for Algerians lol c'est du pur tier monde il faut pas se mentir

  • @saeedservices7995
    @saeedservices7995 2 роки тому +2

    Thanks for the info
    what’s the requirements for wife and kids visa if I hold investor visa on SPC Freezone license ?

  • @jhasemi
    @jhasemi 2 роки тому +1

    The door is closing very fast for people who seeks 2nd citizenship.

    • @user-ih6oe9ny3j
      @user-ih6oe9ny3j 2 роки тому +2

      The door was never open for uae citizenship, and will never be

  • @vestax3
    @vestax3 2 роки тому +2

    How can we buy a property without emirates ID if we want to get the golden visa by investment ? How’s the process ?

    • @lovrobenedik4298
      @lovrobenedik4298 2 роки тому

      The safest way you can do it is by working with a respectable real estate agency. You can give the agency the power of attorney and they can act as a representative, you send the money and the agency keeps it in the escrow account to be used to buy the property once everything is agreed.
      Let me know if you need more information

    • @vestax3
      @vestax3 2 роки тому

      @@lovrobenedik4298 can we process the golden visa without us being in dubai ? Can we just ship our passport to wealthy expat and wait in our country until u guys finished the process ? Thank you.

  • @yaseeshaikh5093
    @yaseeshaikh5093 Рік тому

    Sw. Aap falcon Melton pr he wahase aapko sara shopping or bhi sasta milega

  • @MrFwu2
    @MrFwu2 Рік тому

    In the future will UAE government fully abolishing the free trade zone company model ,legal entity and business corporate structure ?

  • @arshadalibhai944
    @arshadalibhai944 2 роки тому

    How do you start a professional company ( lawyer/ Auditor) in dubai for free zone application

  • @brownie315
    @brownie315 2 роки тому +2

    Where are you Rafael? The place looks really nice..

    • @WealthyExpat
      @WealthyExpat  2 роки тому +1

      Exploring Australia a bit for a week, then back to Dubai!

    • @ImminentHD
      @ImminentHD 2 роки тому

      ​@@WealthyExpat If you're in Victoria, Melbourne there are floods (depending on the area). So be cautious of that

    • @28Rolex28
      @28Rolex28 2 роки тому

      @@WealthyExpat Ausjailia

  • @absjones2916
    @absjones2916 2 роки тому +1

    I wouldn’t invest a penny in that sandbox. I hope the Iranians get their way with them.

  • @danialabujaber8874
    @danialabujaber8874 2 роки тому +1

    Are you going to discuss the North Macedonia CIP? I haven't heard any news about people receiving it so I have doubts about obtaining it, so I'd like some clarification about it.

  • @mrbabyhugh
    @mrbabyhugh 2 роки тому +2

    People got to understand, Dubai/UAE is coming understand a lot of pressure. It's in their best interest to stay as friendly as possible with rest of the world. 2yras, no big deal to me. It can extend or upgrade as you say. People please, stop the whining.

    • @by9diz8
      @by9diz8 2 роки тому +1

      It's not whining it's informing dawg

  • @akhtarmohana2999
    @akhtarmohana2999 Рік тому

    How to get in touch with you?

  • @love-life77738
    @love-life77738 2 роки тому

    Hi if i am just a trader that trades crypto do i still need to pay tax ?

  • @patrickarthur5852
    @patrickarthur5852 2 роки тому

    How do I contact the video presenter?

    • @WealthyExpat
      @WealthyExpat  2 роки тому

      WhatsApp number is in the description :)

  • @terrellbennett1685
    @terrellbennett1685 2 роки тому

    How does this apply to individuals who day trade forex, stocks etc?

    • @Cerise10
      @Cerise10 2 роки тому

      hello, did you find a solution to your problem? i just created my business in freezone in dubai, to work as a trader i can recommend you a reliable source

  • @DubaiLifestyleVlog
    @DubaiLifestyleVlog 2 роки тому +2

    Anyway, Dubai is the best place in the world

  • @philanindlovu246
    @philanindlovu246 2 роки тому

    How much are your fees for consulting

  • @yaseeshaikh5093
    @yaseeshaikh5093 Рік тому

    Falcon super market .Melton rod

  • @yaseeshaikh5093
    @yaseeshaikh5093 Рік тому

    Aap highfield me aaye ho. Pura India se bhara he .hum bhi highfield me rehete he aap aavo kabhi shopping k liye

  • @himalayachoudhary231
    @himalayachoudhary231 2 роки тому

    Can we upgrade to golden visa without degree

  • @Dejan_23Unlimited
    @Dejan_23Unlimited 2 роки тому

    👍 Where is that video recorded ? This is not Dubai, am I right.

    • @WealthyExpat
      @WealthyExpat  2 роки тому +1

      I’m in Australia traveling for 2 weeks then I’ll be back

    • @Dejan_23Unlimited
      @Dejan_23Unlimited 2 роки тому

      Enjoy, looks very nice. I be in Dubai for the Gumball 3000 !

    • @Dejan_23Unlimited
      @Dejan_23Unlimited 2 роки тому

      ... And, Thank you for all you do 🙏

  • @sanysany
    @sanysany 2 роки тому

    What if you have a golden visa & a freezone company, is your freezone license only 2 years valid?

    • @WealthyExpat
      @WealthyExpat  2 роки тому +1

      No it’s valid for as many years as you like, this is just a visa change

  • @KM-ew1jc
    @KM-ew1jc 2 роки тому +1

    Short and nice presentation about free zone visa. But I have one question about DUBAI GOLDEN VISA:-One has to pay out full 2M Dhs in an off plan property to be eligible to apply? Say, I take a 2.5M Dhs valued off plan property and start paying out installments. At what stage can I get Golden visa, is it only after I pay out 2M or more? Or even at less ?

    • @lovrobenedik4298
      @lovrobenedik4298 2 роки тому +2

      Correct, for off plan property, you can apply for the visa only when you have paid in installments up to AED 2m.

    • @KM-ew1jc
      @KM-ew1jc 2 роки тому +2

      @@lovrobenedik4298 thank you so much 🙏🙏

    • @Cerise10
      @Cerise10 2 роки тому +1

      hello, did you find a solution to your problem? i just created my business in freezone in dubai, to work as a trader i can recommend you a reliable source

    • @chintanraval3045
      @chintanraval3045 Рік тому

      @@Cerise10 i also want to do

  • @2ndTim3_1-6
    @2ndTim3_1-6 2 роки тому

    how much is it to renew the freezone company every two years ?

  • @pattimurphy5151
    @pattimurphy5151 2 роки тому +5

    I would not move to any SMART city..in the future it will be a slave trap.

  • @MartinZanichelli
    @MartinZanichelli 2 роки тому

    A very bad change. Two years instead of three. Don't tell me that there are other options because the subject interested in a Freezone visa is not interested in any other option that comes after, Two years is less than three. So it costs more per year. Pure math.

    • @mattball7074
      @mattball7074 2 роки тому

      Just more gov fees & renewal fees. Low tax or no tax but one has to figure the operating costs & renewals to be able to live another day. Eventually theyll become a place which isnt feasible anymore

  • @marzzzmusic6394
    @marzzzmusic6394 2 роки тому

    sir please do a video about freezone employment visa

    • @Cerise10
      @Cerise10 2 роки тому

      hello, did you find a solution to your problem? i just created my business in freezone in dubai, to work as a trader i can recommend you a reliable source.

  • @CosmosChill7649
    @CosmosChill7649 2 роки тому

    Does a visit once a year make you eligible for the tax residency certificate?

  • @LawpickingLocksmith
    @LawpickingLocksmith 2 роки тому +1

    Creeping corruption! Everywhere you go you will find similar things!

  • @Pipsum
    @Pipsum Рік тому

    If I wanted to do forex trading with UAE regulated brokers. Do I need to apply for license? If so can I apply for freezone license and do the trading with UAE regulated forex brokers?

  • @mrmillionaire6259
    @mrmillionaire6259 2 роки тому

    Heyyyy man! I am a forex trader. Looking to set up a company in dubai. Give me suggestions

  • @micomarinas2753
    @micomarinas2753 2 роки тому +1

    is it better to get a 10 year golden visa using st.kitts&nevis passport to apply for it or the philippine passport. here in the philippines our system is identical to us tax system. the philippines tax it's citizen on its global income and a global estate tax. what could be the best tax proof structure to pay no at all?

    • @saltymonke3682
      @saltymonke3682 Рік тому

      change your name in St Kitts deed poll if you don't want global tax. 1 person, 2 IDs.

  • @yaseeshaikh5093
    @yaseeshaikh5093 Рік тому

    Aap kabhi green lane rod .javo pura india dikhega

  • @A-Pro100
    @A-Pro100 2 роки тому +1

    Thanks for the info. I'm fortunate I found this channel because I am currently in the process of immigrating to canada for a few years to get a passport. I intend to get that, build a business there and move to the UAE.
    I'm sure I'll be contacting you guys soon InshaAllah.
    (now here comes the fake wealthexpat bot comment replies...sigh lol)

    • @A-Pro100
      @A-Pro100 2 роки тому

      @Donnell0303 full?

    • @A-Pro100
      @A-Pro100 2 роки тому

      @Donnell0303 no, 1000 days after gettign a PR. You get a passport.

    • @A-Pro100
      @A-Pro100 2 роки тому

      @Donnell0303 I don't know what you're saying cuz my family members became a canadian passport holder under 5 years.
      You have to be a permanent resident.
      have lived in Canada for 3 out of the last 5 years.
      have filed your taxes, if you need to.
      pass a test on your rights, responsibilities and knowledge of Canada.
      prove your language skills.

  • @Carey1135
    @Carey1135 2 роки тому +1

    Are mainland company allowed to have 100 percent ownership??

    • @WealthyExpat
      @WealthyExpat  2 роки тому +3

      Yes 100% ownership is allowed now

  • @yaseeshaikh5093
    @yaseeshaikh5093 Рік тому

    Hum gujrat se he navsari

  • @CuteSarah999
    @CuteSarah999 2 роки тому

    Can anyone help me to complaint to my company I call them they says there is many free zone company Im working in dubai they didn't give insurance they not allowed me to go my vication they didact my salry without reason they didn't pay my over time comition nothing now they want me to shift other place im sick I don't have anything and they keep turchering come for work please help me to complaint im singal mother I don't have anything I have small baby living with ny mother in pakistan I'm in depression please anyone can guide me thanks

  • @abom7md760
    @abom7md760 2 роки тому

    وهل اصبحت ممر الى جنة الخلد

  • @Moesther
    @Moesther 2 роки тому +2

    Did you just say professionals from 3rd world countries?that's wrong

  • @yitouzhi
    @yitouzhi 2 роки тому

    非常不错的分享!

  • @Kirati128
    @Kirati128 2 роки тому +1

    It’s because economic downturn and no oil in Dubai, only Abu Dhabi may have for few years..

  • @meldav6447
    @meldav6447 2 роки тому +1

    U r awesome in explanation love kerala india

  • @MrTurgman
    @MrTurgman 2 роки тому

    Keep it

  • @burnout486
    @burnout486 2 роки тому +1

    Tax residency is not attainable visiting 1 day per year. This guy is giving dangerous advise. If any foreign government is testing your residence and only spent 1 day per year in Dubai you will have a big chance of losing.

    • @WealthyExpat
      @WealthyExpat  2 роки тому +3

      I never said tax residency, only residency card and visa, check my other videos I always say if you want to pay less taxes you need to exit your country properly and officially become "tax non resident". Please check my other videos first before commenting, thank you :)

    • @burnout486
      @burnout486 2 роки тому

      @@WealthyExpat maybe I misunderstood what you said at 2.04 min

  • @scottwang266
    @scottwang266 2 роки тому +1

    who wants to go there....🤣🤣🤣🤣land of hell

  • @Frank30642
    @Frank30642 2 роки тому

    19 of the World’s Banks own $9.24 Billion of Crypto, with Over $3 Billion in BitCoin

  • @smm24hpanel9
    @smm24hpanel9 2 роки тому +1

    💙👌🏻

  • @hankclarckson224
    @hankclarckson224 2 роки тому +1

    never invest in muslim countries speacially uae, chenges law's very often.

  • @EmanuelMonte99
    @EmanuelMonte99 2 роки тому

    Dubei is the worst uption, 😢
    Please talk about san kids or Domenica

  • @rogerdracks1880
    @rogerdracks1880 2 роки тому

    JewBai