Tuesday, February 1, 2011

Bought a property in Dubai, but didn't get a residence visa?

Purchasing a property in the UAE no longer entitles you to a residence visa, but all is not lost. Setting up a Free Zone company can enable you to obtain residence and work permits, for you and your family, as well as providing other key benefits that include:
  • An effective holding structure for assets - property, shares in a local LLC, even a yacht.
  • The sale of assets through share transfer.
  • Avoidance of domestic law and inheritance codes.
  • A good legal framework for joint investments.
  • Added privacy and confidentiality.
Operating in the UAE since 1998, Sovereign has expert knowledge in tax planning, residence and structuring assets, on both a local and international basis.

Call and ask for one of our consultants today.

Tel: +971 4 448 6010
Email: dubai@SovereignGroup.com

1 comment: