3 Reasons You Shouldn't Move to Dubai (Truth)

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  • Опубліковано 18 гру 2024

КОМЕНТАРІ • 120

  • @houseofhida9246
    @houseofhida9246 Рік тому +18

    Just for the record, uae is no longer tax free. Starting June 2023, all companies are paying corporate tax of 9% based on their income

    • @Sodainspace
      @Sodainspace Рік тому +1

      Let’s not forget sales tax which is due to be increased again

    • @genzillionnaires
      @genzillionnaires 11 місяців тому +2

      he already said it in the video

    • @moscowbit8625
      @moscowbit8625 6 місяців тому

      No personal income tax still

    • @CH-yp5by
      @CH-yp5by 5 місяців тому

      Well details matter there is a threshold in profits that needs to be achieved in order for that tax rate to kick in

    • @KieranCrown
      @KieranCrown 3 місяці тому

      When they earn over 900,000 a year

  • @sgill4833
    @sgill4833 Рік тому +20

    I've chosen Dubai, Portugal and Mexico as my places to reside part time.

    • @citychap888
      @citychap888 9 місяців тому

      What about Thailand?? :D

  • @ghayath2011
    @ghayath2011 4 місяці тому +2

    I lived in Dubai for 2 years and absolutely hated it. It's true that not everything that glitters is gold.

    • @LandscapeMaster33
      @LandscapeMaster33 15 днів тому

      I hear this a lot. Why did u hate it after the 2 year period?

  • @michaelwebsternz
    @michaelwebsternz Рік тому +14

    I just came back from Dubai after a few weeks in July / August and I loved the temperature. 42C to 48C and it was amazing. I love the heat.

    • @diegow7504
      @diegow7504 Рік тому +10

      stay in a sauna dude

    • @raghedanan3959
      @raghedanan3959 Рік тому +3

      I have been in Dubai before and the only thing I didn’t like is the weather. It’s cooking there !

    • @janjan55555
      @janjan55555 Рік тому +1

      You went there FOR VACATION!!! Big difference!

    • @michaelwebsternz
      @michaelwebsternz Рік тому

      @@janjan55555 Not really. I’ve been to lots of hot places as I always fly north for the winter. It doesn’t bother me at all. It’s not that much hotter than Houston or Singapore. It’s only that hot for a couple months a year.

    • @janjan55555
      @janjan55555 Рік тому

      @@michaelwebsternz Dude, having visited Middle East plenty of times, and especially this year with an exceptional heat bubble! Minimum temperature 29 Maximum Temperature 46 degrees celcius, in Baghdad ! Too much is too much, that coupled with Humidity is extreme! And no way you can compare Singapore /Houston to Persian Gulf in peak summer!

  • @dameanvil
    @dameanvil 10 місяців тому +1

    00:00 🌍 Dubai and the UAE attract global millionaires due to favorable tax policies.
    1:59 🌞 Consider the weather in Dubai, especially the hot summer; staying 90 days/year suffices for tax residency.
    3:21 💰 Dubai focuses on attracting high-net-worth individuals, offering 0% tax, networking, and growth opportunities.
    5:00 💸 While Dubai can be perceived as expensive, the tax savings outweigh costs, comparable to other global financial hubs.
    6:09 🛫 Suggested approach: Use Dubai as a tax base, spend a few months per year, and diversify with multiple bases worldwide.

  • @tinamathew88
    @tinamathew88 Рік тому +11

    What about the lack of work balance, the nationality discrimination, horrible traffic, indirect tax?

    • @WealthyExpat
      @WealthyExpat  Рік тому +5

      If you run your own business most of this is taken care of except the traffic

    • @tinamathew88
      @tinamathew88 Рік тому +5

      @@WealthyExpat Not the case for small businesses! I had my own business there and the license fee for starting a business was too expensive and people tend to take business license from Fujairah and other emirates. Also not to forget the cost of shipping products into the country and with customers who believe in discount culture, most businesses can’t survive unless they have huge sales turnover like a big company like Majid al futtaim, lals etc

  • @michaelwebsternz
    @michaelwebsternz Рік тому +10

    Dubai isn't that expensive. It's comparable to Auckland, NZ. Cheaper the Sydney, Australia. It covers all extremes of things to do and consume from cheap to exclusive.

    • @scottfree993
      @scottfree993 Рік тому +1

      If you buy from the right places there you can easily find most food and clothing half the price of the equivalent in Australia

    • @oa6551
      @oa6551 Рік тому +1

      Hey youre in NZ? Same here and yeah auckland is expense asf

    • @kevinp8027
      @kevinp8027 Рік тому +1

      It's expensive compared to the average salary. In NZ people earn way more. Dubai is not the right place if you are an employee.

    • @michaelwebsternz
      @michaelwebsternz Рік тому

      @@kevinp8027 Disagree, many people are just employees there. The package includes the essentials.

    • @kevinp8027
      @kevinp8027 Рік тому +1

      @@michaelwebsternz There is a difference between living in Dubai and surviving in Dubai. If you live in a very small apartment, drive a low average car, and work every day to pay for the "essentials", then you are just surviving in Dubai.

  • @Mark-fh5lp
    @Mark-fh5lp Рік тому +16

    I’d rather Dubai than Canada…where I am now.

  • @jianipierre5040
    @jianipierre5040 Рік тому +14

    Honestly, you might be eligible for a gifted citizenship in the UAE. You’ve done a lot of contribution to the country as far as advertising and assisting hundreds of your clients move there and move assets there.

  • @matthewjosiah
    @matthewjosiah Рік тому +9

    Dubai is on my list for sure - I'm pumped to see you hit 100 000K!

  • @mna7308
    @mna7308 Рік тому +4

    Bro there are hidden tax, that is the high cost for majority of the people of global south, for the westerners its nice place though

  • @halfrussian
    @halfrussian Рік тому +5

    Thanks for sharing finally the truth. It was very hot when I was there. It's impossible to live there for me. As well they are crazy about AC and they make it so cold in buses and metro. The same about some taxi drivers, but them you can at least ask to make it cooler. And sure between building there is sand, it lack of green for sure. And of course for regular people is so expensive.

  • @julioalmeida4645
    @julioalmeida4645 Рік тому +2

    When I saw this video, you were at 99.9kk subs. Congratz on the 100k man!

  • @aaronmusa234
    @aaronmusa234 5 місяців тому +1

    1 no homeless walking around like in west/u s s hole cities 2 no drug needle littering the streets. 3 toothpaste not locked up like in u s stores due to excessive\ve theft. 4 no 40k gun murders per yr as in u s 5 you can walk around safely past mid nite not so In u s cities muslim since 2002

  • @MarzellCrypto
    @MarzellCrypto Рік тому +1

    Congrats dude on 100K awesome info

  • @yusufertabak
    @yusufertabak Рік тому +2

    Man, I would love to work with this guy but his minimum is 25k

  • @MariaAndersenCrypto
    @MariaAndersenCrypto Рік тому +8

    I absolutely LOVE Dubai

  • @LawpickingLocksmith
    @LawpickingLocksmith Рік тому +2

    Glad you say Switzerland was expensive. It is way too crowded with foreigners!

  • @LiveTradeWithMo
    @LiveTradeWithMo Рік тому +1

    Hi, thanks for the video, and wanted to mention that the golf name is Persian, "Persian Golf"

    • @mohammedhassanademadem
      @mohammedhassanademadem 11 місяців тому

      Arabian Gulf; guess how many Arab countries on the gulf compared 1 isolated pariah state called Iran

  • @MrGengad
    @MrGengad Рік тому +1

    I am really happy for you bro, you are doing well, and I hope you continue with your success.

  • @becomebillionaire
    @becomebillionaire Рік тому

    Congrats on 🎉100k🎉

  • @RefinedLuxe
    @RefinedLuxe Рік тому +1

    Hey Rafael do banks have issues with p2p local bank transfers to a newer account for over $1m

  • @arashahad8733
    @arashahad8733 Рік тому +1

    What do you do for living?

  • @officialflorint
    @officialflorint 11 місяців тому +1

    4:57 you’re not wasting it on some government you’re supporting your society 😂

  • @osifomrygonen
    @osifomrygonen Рік тому

    It’s not clear if when you pay 0tax and when you pay 9% I’ve heard there is a small business relief

  • @Skandalista_fotograf
    @Skandalista_fotograf Рік тому

    Thank you for your guidance. Planing now my Dubai resi.

  • @palisos8898
    @palisos8898 Рік тому +1

    Great Video!! Thank You! How much money should I have to move to UAE?
    And how much should I earn every month? Have a nice day the person reading this

  • @gauravpatil1867
    @gauravpatil1867 Рік тому +8

    Please make video about Dubai alternative, where we can live by setting up company & get residence permit

    • @hendrixansel9750
      @hendrixansel9750 Рік тому +1

      First of all, none of the alternatives beat Dubai's offer, but here are some alternatives that allow you to get residence permit easily by paying lower fees than in Dubai: mexico, antigua and barbuda, nicaragua, argentina, malaysia, thailand, cambodia.

    • @jeremyleonbarlow
      @jeremyleonbarlow Рік тому +3

      A Labuan company in Malaysia is probably the closest option, but it will involve a multi company structure and using the Labuan company in Malaysia as a holding company and using like a US LLC, UK LLP, or a Cayman's company, or maybe a company that is not domiciled, but which is tax resident in Malta, or possibly Jersey or Guernsey, but in terms of living in the same location that you get personal residence, the UAE is probably your best bet because you can bring workers in there at a far lower cost than the Cayman Islands or Bahamas, or BVI. Labuan in Malaysia is probably the next best bet, and even a trading company there is only a 3% tax rate. Obtaining banking is the big issue for most of the traditional island style tax havens, which is why Jersey and Guernsey, and the Isle of Man could make sense because they have banking, but honestly a US LLC operating company managed in a tax treaty country where the place of incorporation and not the place of management is where it is considered tax resident, with a Labuan holding company is probably going to be your best bet so long as your employees are not in the US. It might involve the holding company also owning an employee services company too, but those work best when you can offer that as a service to many other companies too, but you will still need transfer pricing studies. Even in Dubai the odds are you will want a UK LLP or US LLC as a billing company, or maybe both.

    • @kennethroth6757
      @kennethroth6757 Рік тому

      Probably saint Lucia,monaco

    • @lovalona7389
      @lovalona7389 Рік тому

      Panama@@hendrixansel9750

  • @D.N.A.23
    @D.N.A.23 Рік тому +1

    Thailand is my future home , 2025 if i see europe is bad place to live i move to thailand 😊

  • @Semper-SI
    @Semper-SI Рік тому

    Great vid, thank you

  • @Iamalemonwhy
    @Iamalemonwhy Рік тому +5

    I dont want my kids to grow up in Dubai.... I want my kids to be real people not fake people.... show me the next option please

  • @wuforever
    @wuforever 8 місяців тому

    How to hop in and out if you want to rent for 3 months after getting your residency?

  • @kevins9560
    @kevins9560 10 місяців тому

    So I don't have to live there for the whole year to get make it my main resident tax area? only 90 days? if from the UK

    • @kingkohli4952
      @kingkohli4952 5 місяців тому

      yes but you also can't stay 183 days in any one country other than Dubai, you can split 9 months between 2 countries stay 3 months in Dubai

  • @bizuca
    @bizuca Рік тому +1

    So it's hot in the desert ?

  • @accountabilitybrotherhood
    @accountabilitybrotherhood Рік тому

    Enjoy yourself brother 😎

  • @Kwekusika
    @Kwekusika Рік тому

    Thanks for this video

  • @issadiawara38
    @issadiawara38 8 місяців тому

    You were in my city Bangkok and now I’m in your city Dubai bro let link up man 🙏🏾🤗🤗🤗

  • @weareunstoppable935
    @weareunstoppable935 Рік тому +1

    What do you think? If I have mortgage in one of the European country like NL, could I still be a taxpayer in UAE with golden visa?

    • @onlyf4cts
      @onlyf4cts Рік тому

      hou je bek voordat ik je een bambaklat geef

  • @abdoubusiness
    @abdoubusiness Рік тому +1

    Great content !

  • @DanXRP
    @DanXRP Рік тому

    Great video.

  • @Me-nk5ic
    @Me-nk5ic Рік тому

    Why do you use Nexo? why not Binance P2P to cash out in AED?

  • @DavidWDeWitt
    @DavidWDeWitt Рік тому

    Truth Be TOLD your Right.

  • @abcputra6985
    @abcputra6985 Рік тому

    Congratulations BEST advice SIR 💖💎🌏🎶IDOL'S OILFIELDS global success

  • @ViceCoin
    @ViceCoin Рік тому +1

    Not into religious countries.
    Rather live in Las Vegas, and visit in the summer.

  • @DC-id3zb
    @DC-id3zb Рік тому +3

    Dubai is hot..thank you for the info..who would have thought so…

  • @pedro_miguel_cotrim
    @pedro_miguel_cotrim Рік тому +1

    Go to Dubai, dont go to Dubai...🤡🤡🤡🤡 Off course they dont Stay 365 days in Dubai...

  • @madhatter8192
    @madhatter8192 5 місяців тому

    Now that you have a Mexican passport you will receive more discrimination in Dubai if you tell people you’re Mexican.

  • @hsdxb
    @hsdxb 11 місяців тому

    video turned into pro dubai 😂

  • @TheArnav
    @TheArnav 10 місяців тому

    M liking Dubai. Habibi calling me 🎉

  • @khalifaalqimzi8998
    @khalifaalqimzi8998 4 місяці тому

    😂😂😂 thank you … i love the video , and as an Emarati … I’m proud of my country and do video on how many countries needed UAE Aids and help 👍

  • @rahulmahmud3829
    @rahulmahmud3829 Рік тому +1

    bro said its hot in dubai so dont move their 😂😂common man u gotta try lot harder

  • @vble2337
    @vble2337 Рік тому

    Oh the seo guy again.

  • @rehanaadnan8761
    @rehanaadnan8761 Рік тому +1

    Your all 3 points are quite weak. Everyone knows from ages, and I am surprised
    how you became advisor without knowing these points😂😂😂

  • @alien_from_somewhere
    @alien_from_somewhere Рік тому +2

    come to Islamabad (PAKISTAN) and find out how clean, green, and affordable the city is, and yes, the people are friendly, hospitable, and generous ❤❤❤

  • @ThatsBR
    @ThatsBR Рік тому +1

    Is there anyway I can move to Dubai with my American Terrier?🐶

  • @joomjung.r7549
    @joomjung.r7549 Рік тому

    Right now I'm in Bangkok but I want to to work at Dubai. Can you help me or recommends how to get job there ?

    • @janjan55555
      @janjan55555 Рік тому

      My advice: get a nice degree in something useful and THEN consider travelling!!!
      Engineering/ IT / science degree !

  • @Bambotb
    @Bambotb Рік тому

    How did kevin o realy get uae citizenship

  • @FatalbIow
    @FatalbIow Рік тому +1

    i dont get it, you first say why you should move to Dubai and now why i shouldn't?

    • @scottfree993
      @scottfree993 Рік тому

      He's playing the devil's advocate.

    • @EtshaClips
      @EtshaClips Рік тому

      every place has advantages and disadvantages

  • @jjhunter01
    @jjhunter01 Рік тому

    You didn’t make no sense bro just waisted my time watching your video

  • @rahulmahmud3829
    @rahulmahmud3829 Рік тому +2

    this guy is mad cause dubai didnt gave him what he want lol

  • @2mint582
    @2mint582 Рік тому

    Dubai contenents weeeeeeeerld world cities

  • @sky55w2
    @sky55w2 Рік тому

    How about Indonesia

  • @douwventer2310
    @douwventer2310 Рік тому +1

    Is this repeat of an earlier video....sure you had similar 9 months ago ?

  • @stevozrepto5558
    @stevozrepto5558 Рік тому

    Thailand is great 😊😊😅😊😊😊😊😊😊

  • @thejoketrader
    @thejoketrader 9 місяців тому

    Not you can stay .... you must stay 90 day in order to qualify for a tax residency

  • @guadalupeavalos457
    @guadalupeavalos457 Рік тому

    Nice 😂