I'm learning about the Dubai golden visa which gives you a 10 year residency card for investing in real estate and I'm finding it interesting, however I have some questions for those who might be more knowledgable about this:
1. Are there any obligations for staying/entering Dubai in order to maintain this visa? I would like the freedom to stay out of Dubai for however long I please and not lose it, even it means leaving for more than 1 year without visiting.
2. Does obtaining this visa make me a legal tax resident of the UAE meaning I have to file taxes and have some bureaucratic obligations every year? (I know there is no personal income tax, but I'm assuming there are still some formalities). Also can I claim I'm a UAE tax resident to a 3rd country i want to open a bank account in? (but not live in).
3. Would obtaining the visa give me the freedom to move all of my personal stock or cash to a UAE brokerage/bank?
thanks in advance!
1. Are there any obligations for staying/entering Dubai in order to maintain this visa? I would like the freedom to stay out of Dubai for however long I please and not lose it, even it means leaving for more than 1 year without visiting.
2. Does obtaining this visa make me a legal tax resident of the UAE meaning I have to file taxes and have some bureaucratic obligations every year? (I know there is no personal income tax, but I'm assuming there are still some formalities). Also can I claim I'm a UAE tax resident to a 3rd country i want to open a bank account in? (but not live in).
3. Would obtaining the visa give me the freedom to move all of my personal stock or cash to a UAE brokerage/bank?
thanks in advance!
