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 us to arrange a free initial consultation at our new offices in Reef Tower, Jumeirah Lake Towers.
Contact us for more information.
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