How to Evade Taxes Legally

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techsamatar

I put Books to the Test of Life
GaradShabeel said:
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Don't question my intelligence, pal. I don't fault you for being part of the common crowd. My life motto is to refrain from discussing subjects without specialized knowledge and steer clear of the ignorant traits often seen in the masses.

when it comes to citizenship, the nominees are elected by the Executive Council, Ruler, or Crown Prince Courts in Dubai.

Apart from these, the Dubai residence program comes with the following investment requirements:

  • a public investment of at least 10 million AED or approximately 2.3 million USD in various assets;
  • real estate property purchase with a value of at least 1 million AED or approximately 273,000 USD;
  • business creation which can require investment in a project with a minimum capital of 500,000 AED.
Each investment option comes with long-term UAE residency by investment for the main applicant and close family members followed by citizenship, for those interested.

People who want to apply for citizenship by investment based on companies in Dubai also have several residency options.
 
T

techsamatar

I put Books to the Test of Life
GaradShabeel said:
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Lastly, this is for those who live in the West and operate businesses there but choose to bring their taxes under UAE laws instead of the laws of the country they're in. I could also delve into tax havens and Caribbean islands, but that's not the topic of this thread.
 
G

GaradShabeel

VIP
techsamatar said:
Don't question my intelligence, pal. I don't fault you for being part of the common crowd. My life motto is to refrain from discussing subjects without specialized knowledge and steer clear of the ignorant traits often seen in the masses.

when it comes to citizenship, the nominees are elected by the Executive Council, Ruler, or Crown Prince Courts in Dubai.

Apart from these, the Dubai residence program comes with the following investment requirements:

  • a public investment of at least 10 million AED or approximately 2.3 million USD in various assets;
  • real estate property purchase with a value of at least 1 million AED or approximately 273,000 USD;
  • business creation which can require investment in a project with a minimum capital of 500,000 AED.
Each investment option comes with long-term UAE residency by investment for the main applicant and close family members followed by citizenship, for those interested.

People who want to apply for citizenship by investment based on companies in Dubai also have several residency options.
Click to expand...

I was referring to citizenship as you said in your first post, not residency. Don’t know why you gave a list of requirements for being given a resident permit.

Unless you’re someone with ‘exceptional’ qualities/contribution to the UAE, you’ll have to wait 30 years before becoming a citizen, which is also given to a limited number of people and comes with the condition of renouncing your current nationality. Rendering your tax-scheme suggestion unappealing for most people.

Read on their own website for your sake.

https://u.ae/en/information-and-services/passports-and-traveling/emirati-nationality
 
T

techsamatar

I put Books to the Test of Life
GaradShabeel said:
I was referring to citizenship as you said in your first post, not residency. Don’t know why you gave a list of requirements for being given a resident permit.

Unless you’re someone with ‘exceptional’ qualities/contribution to the UAE, you’ll have to wait 30 years before becoming a citizen, which is also given to a limited number of people and comes with the condition of renouncing your current nationality. Rendering your tax-scheme suggestion unappealing for most people.

Read on their own website for your sake.

https://u.ae/en/information-and-services/passports-and-traveling/emirati-nationality
Click to expand...
"Each investment option comes with long-term UAE residency through investment for the main applicant and close family members, followed by citizenship for those interested."

Did you just skip reading that part? How are you even debating with me when I literally have acquaintances who run real estate, have UAE citizenship, and are European, in their early 20s? Even though they live in the UK, they do not pay taxes under the UK government.

Your link literally agrees with me on investors being viable for UAE nationality. Lol and no mention of 30 years because it is nonexistent. UAE is not like Saudi, Qatar, or Kuwait where it's by blood or living there for nearly 40 years.

To just end this topic, we will literally ask an AI:

Yes, it is possible to obtain a UAE passport through investment. The UAE government has introduced a program that allows foreign investors to acquire UAE citizenship by exceptional merit. This program is designed to attract high-net-worth individuals who can contribute to the country's economy.


To be eligible for the program, investors must meet the following criteria:


  • Invest at least AED 750,000 (approximately US$204,000) in UAE property
  • Hold a valid residence visa for at least two years
  • Have a clean criminal record
In addition to these general requirements, there are also specific eligibility criteria for investors in different sectors. For example, investors in the real estate sector must invest at least AED 2 million (approximately US$545,000) in property.

Once an investor has met the eligibility criteria, they can apply for UAE citizenship through the Federal Authority for Identity and Citizenship (ICA). The application process typically takes several months and requires the submission of a variety of documents, including proof of investment, a medical certificate, and a police clearance certificate.

If an investor's application is approved, they will be granted UAE citizenship and issued a UAE passport. UAE citizens enjoy a number of benefits, including the right to live, work, and invest in the UAE without restrictions. They are also entitled to free healthcare and education for their children.
 
T

techsamatar

I put Books to the Test of Life
GaradShabeel said:
I was referring to citizenship as you said in your first post, not residency. Don’t know why you gave a list of requirements for being given a resident permit.

Unless you’re someone with ‘exceptional’ qualities/contribution to the UAE, you’ll have to wait 30 years before becoming a citizen, which is also given to a limited number of people and comes with the condition of renouncing your current nationality. Rendering your tax-scheme suggestion unappealing for most people.

Read on their own website for your sake.

https://u.ae/en/information-and-services/passports-and-traveling/emirati-nationality
Click to expand...
Also Asked the Ai if they have to wait 30 years through the investment route:

"No, investors do not have to wait 30 years to obtain UAE citizenship through the investment program. The program is designed to provide a fast-track route to citizenship for high-net-worth individuals who can make a significant contribution to the UAE economy."

Hopefully you learnt something new from me today enjoy.
 
G

GaradShabeel

VIP
techsamatar said:
Also Asked the Ai if they have to wait 30 years through the investment route:

"No, investors do not have to wait 30 years to obtain UAE citizenship through the investment program. The program is designed to provide a fast-track route to citizenship for high-net-worth individuals who can make a significant contribution to the UAE economy."

Hopefully you learnt something new from me today enjoy.
Click to expand...

Did I say specifically that you need 30 years for the investment route?

I said unless you’re someone with exceptional quality/contribution to the UAE, you have to wait for 30 years.

Where in my claim do you think investment falls? :bell:
 
G

GaradShabeel

VIP
techsamatar said:
" Your link literally agrees with me on investors being viable for UAE nationality. Lol and no mention of 30 years because it is nonexistent. UAE is not like Saudi, Qatar, or Kuwait where it's by blood or living there for nearly 40 years.
Click to expand...

Did you miss my other post? Do you think I made it up? Loool. A simple google search confirm my claim.


GaradShabeel said:
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