Recent content by karishi

Yes, I got out and never received anything from them anymore.

My setup still work: - company in the caribbean, I have a LLC in san vincent and the grenadines and a Wise account, since 2019. LLC principal place of business is UAE - residence in the UAE ( I first did freelancer visa, then virtual work visa ) - Bank accounts with NOMO in the UAE, one UAE...

Nomo is a bank it has also th 85K protection from UK regulators I moved 32k EUR with them, unlocked as soon as I provided proof of funds, which is the notary act for the sale fo a house Like I wrote above, I moved 32k and as soon as I provided proof of funds they were unlocked

I asked holo.com and they told me that if you are resident in the UAE and your money comes from the UAE, you need to put 20% downpayment and you can make a mortagage for the remaining 80% if you qualify. If you are resident in the UAE but money comes from abroad is 40% downpayment and slightly...

No, just wanted to buy one. I have been told that since my income comes from outside the UAE I would be treated as non resident for mortagage purposes, so need 40% downpayment and higher rates

Did you try with Wise?

this is something that is of interestto me too, my question is, why don't you ask for a Loan abroad? My case would be to get 50% of the loan for a house

As I wrote in another thread I have a SVG LLC and a Virtual Work Visa in the UAE ( the company needs to exist by at least a year I think ). This means 1000$ for the LLC and 1000$ for the Visa + a health insurance which is something you need anyway. The LLC is a passthrough entity and UAE has no...

I think that Dubai is the best option, unless you hate living there. It's expensive but it is a fantastic place in my opinion, especially for living. It's much better than switzerland and even safer.

I opened it 6 years ago. it was a different Wise and my business is 100% legit, I am a software engineer and have big clients

why?So far I have never had any issue with Wise, my business is 100% legit and they have done a lot of KYC with me and I always passed it. Worst Case Scenario my UAE bank asked me to move my company account to them

I work in IT with US and UE companies, I have a San Vincent and the Grenadines LLC ( 1000$ per year ) + UAE Residency with Remote Work visa ( 1000$ per year ). My LLC uses Wise as the only bank. No taxes so far and never had any issue with people working with me, as my company is not...

Played for a UAE team and had all he needed to demonstrate that he was tax resident in the UAE. Wife was in Italy and Tax Agency didn't care about anything else. Got 2 years of prison at first grade of justice. He will never go to prison, it's a scare tactic, I bet they will settle at this...

controls are happening, real sanctions, we only know the big cases like Vucinic. As usual it depends on how much money you make and how likely ythe tax authority is to discover that you are "rich", which if you are not an idiot is "not likely". I am not losing my sleep on this, as I said, but I...

Totally agree with what you have written, which is more or less what I meant. I obviously come from one of those countries and that's why I didn't register in the UAE ;) The thing is that most expats from my country I know that live in the UAE ignore these things and there are lots of people who...