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The setup fee is so high, that it's basically an exchange for the taxes haha! I also understand I need to pay around 90 days there.
by nevodavid10 3y ago
The setup fee is so high, that it's basically an exchange for the taxes haha!
I also understand I need to pay around 90 days there.
- petesergeant 3y ago> I also understand I need to [stay] around 90 days there. UAE doesn't seem to care in practice, unless you need them to issue you a tax certificate. Your issue there is more with not attracting tax residency in other jurisdictions, and being able to say "I can't be resident in [Canada/Australia/other country with fuzzy rules] because I live in UAE"
- nevodavid10 3y agoHonestly, I think my biggest problem with the UAE is that I am Israeli, and while the situation with Israel and the UAE us good now, how knows what will happen in a few years from now
- petesergeant 3y agoYeah, I get your point. Personally, as a UAE resident (with no other ties to UAE or Israel) I'd see it getting better over time rather than worse, but we're living in interesting times.