Recent content by cer955

I am interested in the same. Currently resident in UAE so I am already in the non-EU entity. Did they ask specific questions about Panama? Do they worry about the reputation? Do you do frequent trade or have significant balance there?

For me, it was not even asked, but if it's your first residence in UAE it may be different.

Probably a gray dealer selling at market price. If it's a Rolex authorized dealer, they are low-demand pieces, guaranteed. ADs are authorized to sell to anyone walking in, but they will empty their stocks in one day with no extra profit. Since these watches are guaranteed to sell anyway, it's...

They don't officially check minimum stay, but I guess you need to be tax resident there, pay taxes, etc, to create ties with the country?

I'm exactly looking for a non-EU passport :D Sure, I'm not saying it's easy, but for the purpose of getting a new, free passport it would be worthy to learn. I'm more concerned about the "minimum stay" in the country - in this article says there's technically no minimum stay, but it doesn't...

Yes that's my point: f you are interested only in one specific watch, it's better to buy gray.

Hello, I came across this post: https://www.imidaily.com/analysis/the-nearly-free-entirely-remote-3-year-path-to-armenian-citizenship/ It seems interesting, but there's not much info I can find online and the citizenship promises are always fuzzy. Does anyone have any experience or more...

It's not so easy and it's not an investment. The point is, no watch is guaranteed to raise in value, but the ones that may do so, are already very hard to purchase at retail price - means you need to buy a lot of "not investment products" in order to be offered those pieces. For example, the...

I can confirm. Holo.com can provide mortgages to residents and non-residents. It does not really depends on your residency status - more on your employment status. Resident loan is usually given to employees: if you are hired in a local company and get salary every month, on time, then you may...

Sure, it' correct. For me, advantages were... - Diversification: as "the market", for me, it's a worldwide ETF so heavily US tech stocks, it doesn't hurt to have assets in a completely different environment with similar expected returns. Also, ETFs works very well in the western world, but not...

No personal experience here, but around 6 months ago I saw a pre-approval at 6.25% interest rate. I think it makes more sense to invest in Dubai if you don't need mortgage. Also, my personal opinion, you need to account for a possible drop in property prices - still, the ROI is far better than...

Can confirm. Completely unexpected but true. Hopefully it will change in the future.

Did it last year. Yes, walk-in to DLDCube or GoldenCube or similar offices. I got pre-approval same day, medical test 3-4 days later. You need to stay until it's approved, but it's usually very fast - I would say 7-10 days, unless you already have a visa (in which case, it would need to be...

Is it only for personal account? What if a UAE resident opens a corporate Wise account for a US LLC (or any company in a allowed country)?

Yes all good