Useful TIPS When You Move to Dubai (Banking, Accommodation, Transportation, Utilities, Apps, etc)

[@chrish.4729]

Excellent tips, Michael. South Korea is very similar to the UAE in terms of operating "inside the box." Renting an apartment is unique as well: you can either choose monthly rent payment (with a security deposit) or lump-sum deposit (with no monthly rent payment), which you get back in full at the end of the standard 2-year contract. Always interesting how things are done differently around the world.

[@Romanesco18]

''lump-sum deposit (with no monthly rent payment), which you get back in full at the end of the standard 2-year contract''? How do they make money then if they don't pay rent?

[@Wilonda]

Great Video & Tips! I Recently Just Moved To Dubai In January. What I Have To Say About Banking: Emirates NBD Actually Helped Me With An Account Without Having The Housing Certificate. Being That I Didn’t Know Anything About This, I Was Moving Between Airbnbs While Waiting On My Residency To Be Approved For A Month. So, I Didn’t Have This. I Opened My Bank Account A Couple Of Days After I Signed My Apartment Lease. They Just Asked For My Visa (Remote Work Visa), My Ejari, 3 Months Salary Proof, Passport, And Proof Of Business Ownership. I Advice To Ask To Speak To A Financial Advisor When Going To Open The Account! Because I Was Getting Frustrated & Almost Turned Away To Head Back Home Because The Check-In Person Insisted I Needed A Housing Certificate & Would Not Check Me In. I Think He Started To Get Annoyed On How Persistent I Was To Sit With An Advisor & Just Checked Me In Reluctantly 😂

[@VERTICALWisdom]

Great detail on pathway to the UAE process. Step by step solid content. We will see if you recommend the UAE to us in our structuring and CBI plans.

[@OffshoreCitizen]

Happy to discuss it all with you! How do you feel about the UAE so far?

[@victorpod4068]

good thing that got don’t have to plug your car from November until March like in Canada 🔌😁 great video, thank you 🙏

[@ticonmedia512]

Great video! Michael Just moved to Dubai and can't wait to hear some more tips to help those that are settling in :) Commercial banking tips, best banks for international fees, best rewards cards and general living etc. Thanks! P.S Where can I find out more about your meetups?

[@outdoorcat5107]

Hi! Making plans to do the same. Any chance I can pick your brain on how it was to make the move?

[@Tarasadat]

Where do you get a tourist sim?

[@alexnezhynsky9707]

Dang, I love the format! Could you do a video like this on Sofia/Bulgaria? Thanks

[@OffshoreCitizen]

Thank you, Alex! We've made many videos on Sofia/Bulgaria and the lifestyle there. Feel free to explore and let us know how you liked those. In case you have any further questions/suggestion, let us know :)

[@hunkydrewy]

I can open a bank account in UAE, as a foreigner, without Emirati ID, etc? Just hotel address needed? Which bank would you recommend?

[@OffshoreCitizen]

No you generally need an Emirates ID

[@peterj.farnsworth2606]

GREAT advice would be excellent to cover other cities (a series???) in such detail. Bangkok, Singapore, Manilla?

[@OffshoreCitizen]

We love making content on Dubai, as Michael lives there and can give first hand advice. It can get tricky to give this type of tips for cities we've not lived in ourselves and we care about providing reliable information. We do however, make comparison videos based on our visits to different cities. We can do one of those for your suggestions :)

[@Anthony-pn4rr]

Great video, thanks! Any recommendations for health insurance? Thanks!

[@MichaelRosmer]

I'll do a separate video on that as it's a complex question

[@Anthony-pn4rr]

@@MichaelRosmer thanks Michael!

[@patienceisalpha]

What a great video. Lots of good info.

[@OffshoreCitizen]

Happy you like it, Hamza! Are you planning to move to Dubai?

[@justjan1]

So useful, but would it be possible to have text or B roll shots just to break up the video and make it easier to watch in one sitting

[@hted6286]

Hi I wanted to ask about the tip about booking a hotel for 10 days to get an address proof. I tried to call several hotels in Dubai and the manager or staff don’t really know anything about it. It would be helpful to know if you had a recommendation. The only letter they would issue would be a receipt of my stay when I checked out. Do you have more info on this? Thanks

[@CatamaranChannel]

Great video, very very useful.

[@OffshoreCitizen]

Always happy to be of service :) Are you moving to Dubai?

[@CatamaranChannel]

@@OffshoreCitizen Maybe, im not bound to any country. I've been watching Dubai for many years and attitude towards women kept me off. But now you said that it has changed for the better, im open to looking at it again. You have an idea where i can find houses for rent and sale?

[@elizabethpaier1411]

You're THE BEST.. Michael ! Thank you for your services which are outstanding !

[@OffshoreCitizen]

You are very welcome

[@Neuroman]

Michael I was able to get USD dominated card from Amex platinum in UAE

[@davelawson2564]

which bank ?

[@Neuroman]

@@davelawson2564 American express isn't a bank

[@jeremyleonbarlow]

Banking for Americans probably has additional hurdles thanks to FATCA though, despite CRS I suspect though.

[@hirenshukla1662]

Good video, Make more like this

[@OffshoreCitizen]

Thank you! Will do, stay tuned :) Any specific suggestions?

[@hirenshukla1662]

@@OffshoreCitizen May be buying property with crypto? May be It will your viral video

[@Hocineimad]

Can you make us a video on how to open an account in rak bank ?

[@davelawson2564]

check website and go visit them

[@rtacconi]

But if you have AMEX from where you are living you can move the card to Emirates, no?

[@buzzlamicjihad]

Can UAE residents travel to other GCC countries without a visa? Similar to Schengen? Thanks.

[@moroccantechnologies]

Thank you

[@MacSaxe]

Are the virgin ae SIM plans local? I like their vip deals with memorable numbers

[@sirinath]

Are there villas for foreigners in Dubai which not part of a HOA or community?

[@Jabwoy4444]

Good information!

[@OffshoreCitizen]

Thanks! Anything you'd like to see next? :)

[@tlevans62]

Michael, do they have any issues on Visas related to age, for example if you’re sixty and wanted to buy a property and start a business?

[@BryanAgni]

What about opening bank accounts for DMCC registered Crypto companies?

[@MichaelRosmer]

Banking in general can be difficult, crypto makes it more difficult. We don't usually recommend DMCC crypto companies. This being said depends a lot on your minimum deposits and previous activity you can demonstrate

[@MFG2738]

Will a tenancy from Mayden for a leased desk work for bank ?

[@JoseGarcia-vx4bd]

Is Dubia better than Ghatar?

[@satisfyingvideo1214]

how to buy US stocks from UEA and what about taxes ?

[@OffshoreCitizen]

UAE has no personal taxes so only foreign dividend income would trigger tax, capital gains not taxed on shares. If you're American you're taxed in the US regardless. Easy to open international brokerage accounts like IBKR, Swissquote etc

[@mikimouse98ps3]

What about using wise as a company bank account instead of opening the bank account in the uae?

[@OffshoreCitizen]

Wise doesn't support UAE

[@emeihuoma7368]

I think I saw you in deira in March at Pearl Executive. You and your son who has same colour of head with you. Its either that or someone that looks exactly like you. Please let me know if I am right?🥰🌝🥰

[@OffshoreCitizen]

I don't have a son so no that wouldn't have been me

[@emeihuoma7368]

@@OffshoreCitizen that is quite the resemblance then. I had hoped it was you. That is why I started watching your channel. But you have great content. 🤩🤩😎😎😎😎Good Job.🏋️‍♀️🏋️‍♀️🏋️‍♀️🏋️‍♀️

[@gauravpatil1867]

can we survive without UAE bank & live in hotel apartment & taking out all expense with revolut or other international banking?

[@OffshoreCitizen]

Depends on your goals. Kind of begs the question why you're moving there if that's the case?

[@gauravpatil1867]

@@OffshoreCitizen I want to move there for forex trading & want to experience dubai lifestyle with that source of income, but I have read reddit post that dubai banks are freezing fund for crypto & forex trading

[@rohanindurkar6466]

hey what does uae law say about crypto mining cna i do mining there

[@mariogross]

Can you get the temp address letter from an Airbnb?

[@OffshoreCitizen]

In theory yes, but in practice many hosts won't issue it for you.

[@smm24hpanel9]

💙

[@hbmustangs]

could I start a UAE company in 2023 take no profit out of it then move to dubai for a full tax year in 2024 and take a huge salary tax free?

[@OffshoreCitizen]

Please reach out and share further details of your specific situation

[@HunkyMan777]

Very beaurocratic and crazy rules. They do need to crack down on fraudsters though

[@OffshoreCitizen]

True. Are you also residing here? How is your experience?

[@HunkyMan777]

@@OffshoreCitizen Yes I am. Very different to NZ. Not happy with the lack of privacy - CCTV everywhere and everything linked to the EID so the government knows everything about you. The fingerprinting for the EID was confronting as in NZ you are only finger printed if you go to prison so I felt like a criminal. I am a strong libertarian. But the west are going down the drain. Love the safety I feel here but not keen on the number of Indians here who do not assimilate or follow simple rules of courtesy - very pushy, rude and arrogant people. Also find it a dirty city with all of those adverts on the footpath for women of ill repute and their services. My question: How do these women get into the country to stay as they certainly dont have degrees or add any value to society ?

[@Tzmaker]

What happens if the Emirati royalty decides to pull off a will smith on you? Or a putin? Or a MBS?

[@Tzmaker]

@@m99226 no Twitter

[@davelawson2564]

@@Tzmaker lot of other places !

[@kickinghorse2405]

Dubai: the town built by modern slavery. Yea!

[@greatthinker80]

That is not true abt dubai, in fact, people who build dubai are immigrants from South Asia, who have sent billions of dollars to their home countries as remittances..