dubai set up
We love this. We have partnered with a great team in Dubai that can help you to set up a UAE company, become a UAE resident and open a Dubai bank account. From there you can also easily purchase property and potentially save on tax.
Why would you do this?
To Lower Your Taxes Significantly
To potentially pay $0 in tax. Doesn’t that sound good? I would recommend getting your own tax advice from your accountant, but essentially in the UAE you pay no tax right? So if you have a company set up in the UAE and you are a resident you can get creative on how you collect your business income, into which bank account etc and get creative on controlling your tax declarations in Australia. Without giving tax advice, to legally pay $0 in tax as an Australian citizen you would need to live in Dubai for 6 months of the year. If this is of interest to you, please set up a call to discuss and if it is a good fit, we will set you up a call with our UAE specialist.
Dubai property is going crazy right now.
It is certainly the central destination of the world and the place to be right now if you are an Entrepreneur. Buying property in Dubai is not the worst idea, in-fact we have a whole brochure on our recommendations for buying property in Dubai. How do we know? Like with everything we do, we have been over there many times, met with the experts, toured around looking at properties, understanding the layout, understanding the market of houses v apartments, what’s coming, how fast is it growing, best locations, best builders and developments, best places for growth etc..
Dubai property market is pumping and we see great long term strength in the market also. But when you first look at property in Dubai, it can be very daunting. There are so many niches, so many new areas, houses, apartments and developments it is hard to know where to start and which ones are the winners. Not to mention the sharks and scammers hovering around in this space.
Let us introduce you to the experts with integrity in this space, they will (Like us) get to know your goals and help you in your journey of setting up your entities in Dubai should that be a path you would like to go down, as well as showing you the best areas and properties to start looking at. This is a fun and potentially very lucrative niche and strategy.