Minimizing Taxes and Maximizing Freedom By Moving to Dubai
“It’s not straightforward at all. His team took care of all of that. They took care of the banking, took care of setting me up in Dubai, setting up my right-hand man, my employee, Sam - setting him up as well, and it literally was just flawless”.
YouTuber with 2.1M+ subscribers
Minimizing Taxes and Maximizing Freedom By Moving to Dubai
“It’s not straightforward at all. His team took care of all of that. They took care of the banking, took care of setting me up in Dubai, setting up my right-hand man, my employee, Sam - setting him up as well, and it literally was just flawless”.
YouTuber with 2.1M+ subscribers
In recent years, Dubai has emerged as an attractive destination for individuals seeking to optimize their tax liabilities while enjoying the benefits of a favorable business environment and high quality of life.
This case study explores how Wealthy Expat, a leading consulting firm specializing in global wealth management, assisted Hamza in his transition from the UK to Dubai.
The study highlights the advantages of establishing a Dubai Freezone company, securing a residency visa, achieving tax residency in the UAE, and the seamless process of opening a company, a bank account, obtaining an Emirates ID, and more.
Steps:
Hamza, a successful entrepreneur from the UK, approached Wealthy Expat seeking advice on tax optimization and lifestyle enhancement through a strategic relocation. Hamza's primary objectives were to reduce his tax burden and explore business opportunities in Dubai's thriving market.
Wealthy Expat conducted a thorough assessment of Hamza's financial and personal circumstances to tailor a comprehensive plan aligned with his goals. After careful analysis, Dubai emerged as an ideal destination due to its Freezone company setup, favorable tax regime, and attractive lifestyle offerings.
At Wealthy Expat, we make tax reduction and asset protection easy and fast.
Wealthy Expat assisted Hamza in setting up a freezone company in Dubai, which provided numerous advantages such as 100% foreign ownership, zero corporate tax, and ease of doing business. The process involved selecting the appropriate Freezone, and appropriate license, preparing legal documentation, and facilitating company registration.
To ensure long-term stability and unrestricted access to Dubai's thriving business system, Wealthy Expat guided Hamza through the residency visa application process. Through the Freezone company setup, Hamza became eligible for a renewable residency visa for himself, his family, and his employees.
Wealthy Expat guided Hamza in meeting the requirements for tax residency in the UAE. By spending more than 90 days per year in the country and aligning his financial affairs with the local tax regulations, Hamza successfully achieved tax residency in the UAE. As a result, he became eligible for zero personal income tax, zero capital gains tax, and zero inheritance tax.
Wealthy Expat also facilitated the smooth process of opening a corporate bank account for Hamza's Freezone company, as well as a personal account, ensuring efficient cash flow management and access to a wide range of banking services.
Wealthy Expat supported Hamza in obtaining essential documents, including the Emirates ID and Medical check. They coordinated the paperwork, liaised with relevant authorities, and streamlined the entire process to minimize any bureaucratic hurdles.
Hamza's successful transition to Dubai offered him numerous advantages. These include:
Zero personal income tax, capital gains tax, and inheritance tax, allowing Hamza to retain a greater portion of his earnings.
Enhanced business opportunities due to Dubai's strategic location, vibrant economy, and extensive network of international trade.
Access to state-of-the-art infrastructure, world-class healthcare, and high-quality education for his family.
Improved quality of life through Dubai's cosmopolitan lifestyle, year- round sunshine, and numerous recreational options.
Business growth potential through tax-efficient wealth management.
At Wealthy Expat, we make tax reduction and asset protection easy and fast.
At Wealthy Expat, we make tax reduction and asset protection easy and fast.
Explore our success stories, real-life examples of our service in action.
We get thousands of questions from readers monthly, here are the most frequent ones.
We’re a high net worth advisory company that helps the World’s top performers acquire different residencies, citizenships, and bank accounts around the World for ultimate asset protection and freedom.
We have a multinational team based in all 5 continents of the World, and our headquarters are in Dubai, UAE. Check us out at on our about page.
Reach out to our team, and we’ll get back to you in 24 hours.
Our main services are UAE Residency (& Citizenship), Serbian Residency and Citizenship, Caribbean Citizenship, Mexican Residency and Citizenship, and Foreign Company Setups.
Our services start at $25,000 USD for almost every package.
United Arab Emirates, Portugal, Greece, Serbia, Mexico, Caribbean Citizenship by Investment Countries, Malta, and Thailand.
We make sure to fix both sides of your problems, not only the foreign company setup side, for example. We ensure your process is done in the fastest possible way while ensuring you don’t leave anything incorrectly done on your home country’s side or make any mistakes that will haunt you in the future.
Yes, of course, we work with real estate agents in over 20 countries.
We assist from start to finish in every process.
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High net worth individuals worth at least $1 Million USD and above who want more freedom, less taxes, and a better lifestyle.
$1 Million USD minimum in order to serve you the best.
We, unfortunately, do not work with nationals from Afghanistan, Iraq, Sudan, and North Korea.
Yes, our consultations are complimentary and open to anyone with a minimum net worth of $1 million USD.
Please book a consultation call with our COO, Jovana, here.
No exceptions are made on a nationality basis. We make exceptions on a net worth basis if you are able to invest at least $25,000 USD in our services.
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Please book a call with us and specify which program you would like to go through in order for us to help you better.
First, you book a call with us, then we determine which program works best for you after a series of important questions. After that, we get started right away on your application and ensure we get your promised outcome asap.
The specific program result you picked, done in the fastest time possible.
Yes, of course, our lawyers have citizenship and government licenses for every single program we offer.
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Our team will look at your situation, figure out the costs, and help you find a solution that fits your goals.
