I Wish I Knew This Before Moving to Dubai...
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- čas přidán 27. 08. 2024
- 5 Things I Wish I Knew Before Moving to Dubai and Living in Dubai.
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The Wealthy Expat is run by Rafael Cintron, it's a CZcams channel and company dedicated to helping you lower your taxes, get a second citizenship, and travel the World to increase your freedoms and happiness. Rafael Cintron is a 7-figure entrepreneur who's traveled to more than 65 countries, gotten multiple residence permits all over the World, and a second citizenship by investment. He is committed and passionate about teaching you these topics.
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In this video we talk about moving to dubai and the 5 things I wish I knew before moving to the uae and living in dubai. Dubai is an amazing city with zero taxes if you open a freezone company in Dubai but it has some downsides as well, and we need to discuss them.
A lot of foreigners moving to dubai don't consider these 5 things and end up being confused or frustrated with Dubai since it can be overwhelming to live in Dubai. Dubai weather can get really hot in summer as well as Dubai Emirates IDs can be complicated to obtain, we discuss many more issues in this videos.
Mentioned in this video:
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Other related people in this topic:
Nomad capitalist, offshore citizen.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
Being of age and how to manage the sequence of returns in those early periods is what seems quite scary in the current market. The market is never a loser in a twenty year cycle, but the 2000s decade scenario scares me and could really disrupt my retirement. When you are no longer accumulating but withdrawing its hard to be anything but cautious…
The biggest mistake you can make when investing is to think that you are smarter than the market. It’s almost impossible to time the consistently, you will miss out on great opportunities if you do this, simply DCA into high conviction stocks and let your position grow.
I think my major problem is confidence, i keep finding the correct stocks but after a pull back especially a strong pull back i get out…
For new investors, getting started can feel overwhelming. Risks loom large, and complicated, unfamiliar financial jargon can be intimidating.
This is exactly why I invest through an expert ! My broker Abernathy Nancy Louise is able to find opportunities in any market with her Growth Stock Strategy. To me it’s by far the best way to build long term wealth while managing your risk and emotions.
Been trying to get started but i end up loosing out. Please how do i reach your broker?
Make some video on how to lower tax bracket in USA / Canada , every video is about moving dubai which is definitely not an option for everyone
Thanks for your information🤗
Question: Current life style did not necessitate a driver license. Should I start the process now or do the drivers licences in UAE/Dubai?
Your videos helped me a lot. I’ll likely be contacting you in the next few months to start my transition from Canada to Dubai. Just have a few questions before I start the process
Do you also need to show your Emirates ID at the immigration when you arrive or depart Dubai? Or, your UAE Residence Permit Visa on your passport should suffice to clear immigration at the airport?
Dang all these videos make me jealous haha 😁
Please make vedio about crypto trading and investment
I like to know more about moving to Dubai
We currently live in uk,but thinking move to Dubai,what you will advise
Thank you
I will line to open my aesthetic business in Dubai,this is possible and if is,how’s this work
You should travel in summer to Iran is to close and heuge country with nature
Can you exchange your German driving license to Emirate driving license?
Hi. Yes, you can. You can go to any RTA (find them easily on Google maps) or you can also find info in their website: www.rta.ae/wps/portal/rta/ae/home/rta-services/service-details?serviceId=3704306. Hope it helps
@@galab599 thanks ❤
❤️Hello friends how are you doing today ❤️
It’s very interesting, if I buy property, I can qualify for visa ( 5 years) and for resident…..
awesome!
Like Florida usa
I can imagine tinder over there is very interesting lmao
So i can change the dubai?
Can I obtain a Digital Nomad visa and bring my wife with me? Please help. Thank you!
Bro, have one rule in life if you consider yourself a righteous person: try not to do anything in life that you are not willing to take at least some responsibility about. And if something does go wrong, have skin in the game to be willing to personally help fix it.
Please read 'skin in the game' by Nassim Taleb.
Can you exchange your Australian driving license to Emirate driving license?
Like it, thanks.
Thank you for watching!
I really want to move to Dubai, can you help
He only takes clients with a net worth of more than $500,000
Hello what is you website sirr
Is dubai hot and humid compared to Thailand, Bangkok?
Insanely hot. Humid not as much.
It's definitely way hotter than Bangkok its a desert.
50 deg Celsius is normal here
Humid doesn’t exist in dubai
During Dubai's summer, I think I would opt for Buenos Aires' mild winter.
Thanks for your very informative videos. 😍Does Dubai allow unvaccinated expats?😄
Yes just need a pcr test result and you can enter
100th comment!
Can i buy a property in dubai by taking loan in my home country?
🇮🇳India for instance.
Yes if ur bank allows a loan of few crores ..
Could be, the bank needs to approve it as Riyas mentioned
Usually not since the bank can't know anything about the place in another country. The house can't be a security for the loan.
What would be the typical costs to maintain residency in Dubai?
$3-4K a year for renewing the license
Thanks!
It's $2500 a year for a freelancer visa.
0:26 i would not drive myself in my first 12 months in another country.... or even City for first 3-6 months.
You said, exchange the driving licence... this means you loose the one from your "old" country in order to received the UAE driving license? And what about if you go to Europe back to holiday for a view weeks? The UAE driving license is not valid there to rent/drive a car.
One thing that I cannot comprehend about Dubai is how “crazy” the highway system had been designed, despite my huge respect for the rulers’ long term vision !!!
1:45 that damage thing is REAL. I've seen it happen with luxury/sport car rentals there.
Great video as always!
Could you live off renting property only? Say you have 3 apartments rented out. Is that doable?
Yes for sure specially in winter you can make a lot
Love your content, really helpful! Could you do a video for people launching tech companies, is dubai a great place? How about access to capital. Thanks 🙏
I'm waiting for your video on E2 visa
2:28 exactly what I'm doing. Jamaica is home, Florida my business hub. Currently setting up in Indonesia (Lombok & Bali, Sumba soon) for business & vacation. Then Dubai/UAE will be for my main business hub/mother/holding company and for digital services.... metaverse & cryptocurrency.
Nice tips
Hookers everywhere? I guess the US started it and they are now all over the world. Just try to walk the strip in Vegas!
I am going to dubai 5 months ago
how much VAT do you pay if you want to import a yacht if you live in dubai, i want to move to dubai soon, and want to rent something small there and want to take my yacht around the world
Nice video
Can you please do a video about how to become a temporary resident of UAE up to 12 months?
Pakistan by natural is most beautiful country .
Indeed
❤🤤❤❤Your channel is literally my comfort place. You make me so happy. Love you 🤗❤
Very well put btw if you like nature and beauty just travel to sardinia (Italy) it's just Instagram filter level beautiful .
YES I agree Sardinia is amazing
Thank you for your channel and for the information provided 👍
There is a new digital nomad 1-year visa offered by Dubai for digital nomads. Is it possible to become a Dubai tax resident with this visa? Appreciate your response :)
P.S. maybe you make a video about the visa for digital nomads in Dubai?
Thanks for the tips, you're vids are very valuable. I wouldn't say trick , I would say steal, it's plain and simple thievery by rental car companies
It seems too dangerous for me as a bigender to get to Dubai with its futuristic year 3033 city mixed with AD 1011 medieval legal system
💙💙💙
Lol! Surprised at #4
Will you be at Dubai Crypto expo in October 2022?
I traveled to Dubai when I was in the United States Navy. I look forward to returning. I would love to speak with you about your views on blockchain and crypto. I’ve enjoyed your videos. Thank you.
I’ll be exploring, any great restaurants near expo?
You forgot to mention the phone number is probably more important than the ID 😂
True 👍 😂😁😅
What about pets? Are there any dog friendly districts? We're planning to move with our Jack Russell😁
Only in few buildings the pets isn't allowed but if you are living in villas like Damac hills or any other community there are very friendly with pets 😀
Dont walk around naked on the beach lol
😂
No religious freedom in UAE.
Charles U - that is a LIE. There are Hindu temples, Catholic and Orthodox churches in Dubai. Emerati people are very welcoming. It’s not Saudi Arabia.
TIPS: Etisalat Visitor Number ! Just passport required > UAE local number unlocked.