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

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Mentioned in this video: move to dubai, don't move to dubai, living in dubai, moving to dubai, living in UAE, UAE taxes, dubai taxes, dubai 9% tax, dubai taxes, new taxes UAE, pay less taxes, avoid taxes, dubai real estate, dubai property, move to dubai from us, move to dubai from UK, move to dubai from Canada.

DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

[houseofhida]

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

[ghayath]

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

[sgill]

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

[dameanvil]

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.

[michaelwebsternz]

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.

[tinamathew]

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

[michaelwebsternz]

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.

[mna]

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

[matthewjosiah]

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

[jianipierre]

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.

[wuforever]

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

[RefinedLuxe]

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

[Mark-fhlp]

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

[halfrussian]

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.

[osifomrygonen]

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

[Me-nkic]

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

[aaronmusa]

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

[kevins]

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

[LiveTradeWithMo]

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

[LawpickingLocksmith]

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