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Invest with Confidence: Expat Investment Consultations in Abu Dhabi
Introduction
Welcome to Redcliffe Partners your trusted partner for expat investment consultations in Abu Dhabi. We understand the unique financial landscape and diverse needs of expatriates residing in this vibrant emirate. With a dedicated team of experienced professionals and a comprehensive understanding of global markets, we are committed to guiding you towards sound investment decisions tailored to your individual goals and aspirations.
Understanding the Expat Investment Landscape:
Before delving into specific investment consultations, it's crucial to understand the unique landscape facing expatriates in Abu Dhabi. As an expat, you may encounter differences in taxation, regulatory frameworks, and investment options compared to your home country. Seeking expert advice tailored to your expatriate status is essential to make informed investment decisions.
The Role of Investment Consultations
Investment consultations play a pivotal role in guiding expatriates through the complexities of wealth management in Abu Dhabi. These consultations offer personalized financial advice, taking into account your unique circumstances, risk tolerance, and investment goals. By partnering with experienced consultants, expatriates can optimize their investment portfolios and maximize returns while minimizing risks.
Benefits of Expat Investment Consultations
Tailored Advice:
Unlike generic financial advice, expat investment consultations are tailored to your specific needs as an expatriate in Abu Dhabi.
Navigating Regulations:
Consultants are well-versed in local regulations, helping expatriates navigate legal complexities and compliance requirements.
Diversification Strategies:
Consultants offer insights into diversifying investment portfolios across various asset classes, minimizing exposure to risk.
Tax Optimization:
Understanding tax implications is crucial for expatriates. Consultants devise strategies to optimize tax efficiency and maximize returns.
Long-Term Planning:
Consultants help expatriates formulate long-term financial plans, ensuring financial security and stability in the future.
Finding the Right Consultant
Choosing the right investment consultant is paramount to the success of your expatriate investment journey. Consider the following factors when selecting a consultant:
Experience and Expertise
Look for consultants with a proven track record of success in guiding expatriates through investment decisions. Experience in navigating the Abu Dhabi investment landscape is invaluable.
Personalized Approach
Seek consultants who prioritize a personalized approach to financial planning. Your consultant should take the time to understand your unique financial situation, goals, and risk tolerance.
Transparency and Communication
Transparency and effective communication are essential for a fruitful consultant-client relationship. Choose consultants who are transparent about fees, investment strategies, and performance metrics.
Reputation and Reviews
Research the reputation of potential consultants through client testimonials, reviews, and referrals. A consultant with a strong reputation for integrity and client satisfaction is likely to deliver superior service.
Conclusion:
expat investment consultations in Abu Dhabi offer invaluable guidance for navigating the complexities of wealth management abroad. By partnering with experienced consultants, expatriates can optimize their investment portfolios, minimize risks, and secure their financial future. Remember to conduct thorough research, seek personalized advice, and choose reputable consultants to maximize the benefits of expat investment consultations. With the right guidance, you can harness the wealth-building potential of Abu Dhabi while enjoying the expatriate lifestyle to the fullest.
Name: Redcliffe Partners
Address: #256 Al Wafra Square Building, Reem Island, Abu Dhabi, UAE
Phone No: +971 2886-4415
Website: https://redcliffepartners.ae/
FAQ’s
What is an expat investment consultation?
Ans. An expat investment consultation is a personalized financial advisory service tailored to the unique needs and circumstances of expatriates living in Abu Dhabi.
Why do expatriates in Abu Dhabi need investment consultations?
Ans. Expatriates in Abu Dhabi need investment consultations to navigate local regulations, optimize tax efficiency, diversify their portfolios, and plan for long-term financial security while living abroad.
What are the benefits of expat investment consultations?
Ans. Benefits include personalized advice, guidance on regulations, diversification strategies, tax optimization, and long-term financial planning.
How do I find the right investment consultant in Abu Dhabi?
Ans. Look for consultants with experience, a personalized approach, transparent communication, and a strong reputation.
What types of investments are typically recommended for expatriates in Abu Dhabi?
Ans. Recommended investments may include real estate, equity, fixed-income securities, mutual funds, and ETFs diversified across asset classes.
How can I ensure the security of my investments as an expatriate in Abu Dhabi?
Ans. Ensure security by conducting research, diversifying your portfolio, staying informed, and regularly reviewing your investment strategy.
#expat investment consultations in Abu Dhabi#Redcliffe#Redcliffe Partners#investment consultants abu dhabi#free wealth consultations abu dhabi#fixed income abu dhabi#expat investment consultations abu dhabi#equity raising abu dhabi
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Top 10 High-Paying Jobs in Abu Dhabi for Expats
Abu Dhabi, the capital of the UAE, is a thriving hub for expats seeking lucrative career opportunities. Known for its growing economy, diverse industries, and tax-free income, this city offers some of the best jobs in Abu Dhabi for professionals worldwide. At JobFii, we specialize in connecting talented expats with high-paying roles tailored to their expertise.
Why Choose Jobs in Abu Dhabi?
Tax-Free Salaries: Maximize your earnings with no income tax.
Global Work Environment: Collaborate with professionals from diverse cultural and professional backgrounds.
Robust Economy: Abu Dhabi’s stable economy ensures job security and growth opportunities.
Attractive Perks: Benefits often include housing, health insurance, and travel allowances.
Top 10 High-Paying Jobs for Expats in Abu Dhabi
Chief Executive Officer (CEO)
Average Salary: AED 80,000+ per month
CEOs are in demand across industries like oil and gas, finance, and real estate.
Medical Specialist (Surgeons, Cardiologists)
Average Salary: AED 60,000–70,000 per month
Healthcare professionals play a vital role in Abu Dhabi’s world-class medical facilities.
Legal Advisors
Average Salary: AED 50,000+ per month
Experts in corporate and international law are highly sought after.
Engineering Directors
Average Salary: AED 45,000+ per month
Major projects in construction and renewable energy drive the need for experienced engineers.
IT Managers
Average Salary: AED 35,000–40,000 per month
IT professionals are critical to the city's technological advancements.
Aviation Professionals (Pilots, Aircraft Engineers)
Average Salary: AED 40,000–50,000 per month
Abu Dhabi is a hub for global airlines, offering top-notch roles.
Finance Directors
Average Salary: AED 55,000 per month
Key players in managing high-value portfolios and investments.
Oil and Gas Consultants
Average Salary: AED 60,000 per month
Abu Dhabi’s energy sector offers unmatched opportunities for experts.
Marketing Directors
Average Salary: AED 40,000 per month
Leading strategies in tourism, retail, and digital sectors.
Educational Consultants and Professors
Average Salary: AED 35,000+ per month
Abu Dhabi's focus on education reforms drives demand for skilled academics.
Why Use JobFii?
Comprehensive Listings: Access a wide range of jobs in Abu Dhabi across industries.
Tailored Job Matches: Find roles perfectly suited to your qualifications and preferences.
Expert Guidance: Benefit from career advice and support throughout your job hunt.
With JobFii, finding your dream job in Abu Dhabi is seamless and rewarding. Explore opportunities now and take the first step toward an enriching career.
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UAE Facility Management Market Size, Share, Trends, Growth, and Industry Analysis 2032
UAE Facility Management market size was USD 7.04 billion in 2023 and the market is projected to touch USD 12.27billion by 2032, at a CAGR of 6.68 % during the forecast period. The UAE government is investing heavily on the country’s infrastructure, with more ports, airports, railroads, and other facilities being constructed. The need for cleaning services has grown as a result of the governments and different facility management service providers’ expanded collaboration in maintaining hygienic and ecologically friendly infrastructure. Furthermore, governments are signing numerous contracts with various foreign parties in order to complete and connect its infrastructure on a national and international level. Information technology (IT) and consultancy firms are swiftly expanding through the United Arab Emirates, starting in Dubai. Dubai is developing office buildings on several fronts as a result of the country’s effort on weaning itself off of its oil dependence, which is driving demand and growing the market overall. The rapidly growing building sector is also expected to open up lucrative opportunities for the UAE’s service providers. The market was also propelled by the rising number of manufacturing endeavors being implemented in the United Arab Emirates and the rising demand for such amenities in buildings that are both residential and commercial. In addition, the UAE’s expanding tourism industry is increasing the building of hotels, shopping centers, and other infrastructure, which is increasing the need for facility administration services.
The UAE’s retail industry has experienced substantial shifts in recent years, expanding widely throughout Dubai, which is known as a major hub for malls. These events demonstrate the long-term dominance of shopping centers along with the emergence of global brands and a favorable impact on industry demand. Moreover, the nation’s growing trend of smart houses is greatly increasing the demand for controlling building amenities like lighting and air conditioning systems, which is propelling the hard facility management market’s expansion. In addition, the 2020 Covid-19 pandemic has increased demand for cleaning services, including building sanitization. Because people are becoming more conscious of hygiene, this trend is probably going to continue in the years to come, which would greatly expand the Soft FM industry.
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UAE Facility Management dynamics
The factors influencing the dynamics of the UAE Facility Management market include regulatory mandates, technological advancements, and increasing industrial safety awareness. The expansion of the UAE real estate industry has a significant effect on the facility management business there. Strong as well as stable economic conditions combined with pro-business government policies, such as granting investors Emirati citizenship and also golden visas and allowing certain expats to transfer 100% of their company ownership to foreign nationals, would greatly stimulate the nation’s real estate market, especially in Dubai and Abu Dhabi. The UAE facility management market would grow as a result of the increased demand for facility management services like cleaning, HVAC maintenance, and security.
The need for integrated facility management services will rise as a result of businesses in the United Arab Emirates outsourcing facility management and related services to increase efficiency and boost performance. Furthermore, major corporations have operating bases in the United Arab Emirates and require enhanced soft services to effectively manage their facilities across several locations. Facility management businesses can greatly benefit from single contracts from these kinds of enterprises. The facility management market in the United Arab Emirates will be driven by the integration of innovation, technology, and upskilling in facility services.
Get Complete Report: https://organicmarketresearch.com/uae-facility-management-market
UAE Facility Management drivers
Fast Infrastructure Development and Urbanization
The United Arab Emirates has experienced a noteworthy increase in urbanization and infrastructure development in recent years, primarily as a result of efforts to diversify the economy and large expenditures in real estate, public infrastructure, and tourism. Big cities like Abu Dhabi and Dubai are always growing as more and more residential, business, and industrial projects are added. Because of this quick development, there is an increasing need for facility management services to make sure these buildings and facilities are managed, maintained, and operated effectively. Cleaning, maintenance, security, and energy management are just a few of the facility management services that are necessary to keep these contemporary developments up to the high standards required. The demand for expert services related to facility management is anticipated to increase dramatically as the UAE invests in major infrastructure projects, including smart cities and major events like Expo 2020.
Focus on Sustainability and Energy Efficiency
The UAE government is placing a high priority on sustainability and energy efficiency as part of Vision 2021 and other long-term strategic goals. The dedication to reducing carbon emissions, conserving energy, and applying green building concepts is growing. due to the services facility management companies offer to save waste, boost energy efficiency, and support sustainable building operations, they are essential to reaching these sustainability goals. The growing need for specialized facility management services that may assist buildings in meeting green building certifications, like LEED (Leadership in Energy and Environmental Design), is fueled in part by this trend. Companies that offer cutting-edge solutions, such energy management systems, innovative building technologies, and environmentally friendly maintenance procedures, stand to benefit from this trend and further the UAE’s sustainability goals.
Restraints:
High Operational Costs
High operating expenses are one of the major difficulties facing the UAE’s facility management sector. The requirement for sophisticated technology, specialized personnel, and compliance with strict regulatory requirements are some of the causes that drive these expenses. Particularly for highly qualified individuals needed for specialized facility management duties, labor expenses in the UAE are comparatively high. Modern technology can be expensive to install and maintain. Two examples are energy management systems and smart building systems. The substantial overhead expenses of facility management companies might impede their profit margins and pose challenges for smaller businesses seeking to into the market. The financial burden placed on these companies is exacerbated by the constant expenditures in training and development needed to keep up with the latest advancements in industry standards and technology.
Intense Market Competition
The facilities management industry in the United Arab Emirates is fiercely competitive, with many domestic and foreign competitors fighting for market share. In an effort to draw and keep customers, businesses may engage in price wars and see their profit margins shrink. Smaller and more recent businesses often find it difficult to establish themselves in the market because of the dominance of large, established global corporations with substantial resources and established reputations. The competition is further heightened by the high standards that UAE customers have for quality and service. Facilities management companies must always innovate and differentiate themselves from the competition to stay competitive, which can be difficult in a crowded market. The expansion of smaller businesses and the admission of new players may be hampered by this pressure from the competition.
Opportunities:
Integration of Smart Technologies and IoT
The facility management industry in the United Arab Emirates has a lot of potential due to the implementation of smart technologies and the Internet of Things (IoT). The demand for sophisticated facility management systems that use smart technology to boost operational efficiency, cut costs, and enhance occupant experiences is rising as infrastructure and buildings become more digitally connected. Energy leadership, HVAC systems, safety, and lighting are just a few of the building operations that may be monitored and controlled in real time by smart building systems, Internet of Things sensors, and data analytics. Facilities management firms can provide higher proactive and predictive upkeep services, maximize resource use, and improve overall building performance by incorporating these technologies. The UAE’s emphasis on building intelligent infrastructure and smart cities fits very nicely with this opportunity, fostering an atmosphere that encourages innovation and value-added service delivery from facility management companies.
Segment Overview
By Type, The UAE Facility Management market is segmented into Inhouse, and Outsourced. The United Arab Emirates is witnessing a sharp rise in demand for Outsourced Operating Model services, mostly due to the growing number of companies joining the market that offer specialized services at lower operating costs. In terms of outsourcing facility management services, the UAE was the top-ranked GCC nation over the relevant historical era. Additionally, companies that prioritize core business operations are gradually changing their preferences to better facility management that offers comprehensive services, which is driving the growth of the industry as a whole. However, due to the well-known end customers that need the administration of services like cleaning, catering, and security, the In-House Operating Model services had the biggest market share in the preceding years. However, the market share of these services has decreased as a result of poor management of a wide range of services, a decline in service quality, and the high upfront expenditures associated with establishing an internal operating model unit.
By Services, The UAE Facility Management market is segmented into Hard Services, Soft Services. In 2023, Hard Type services gained a substantial portion of the UAE Facility Management Market, primarily as a result of the nation’s fast growing real estate market and the soaring number of corporate centers, retail malls, and industrial hubs being built. The Hard FM services cover plumbing, electrical, HVAC, and fire safety alarm maintenance, among other things. One significant factor that is expected to increase demand for Hard services in the upcoming years is the growing usage of HVAC systems due to the harsh climate in the United Arab Emirates. However, the soft services category is growing, primarily as a result of the growing need for afterwards cleaning services. In addition, the country’s growing need for specialist cleaning and upkeep services as well as floor care services like marble polishing & crystallization is being driven by the country’s expanding development of new structures, particularly in Dubai. Consequently, it is anticipated that the industry would provide profitable growth prospects in the upcoming years.
UAE Facility Management Overview by Region
In 2023, Abu Dhabi held the greatest market share. Abu Dhabi, the capital city of the United Arab Emirates, is a market leader in the facility management industry in the country because of a number of important criteria. Extensive infrastructural investments and urban expansion have been spurred by Abu Dhabi’s development plans and strong economic growth. The city is home to a number of well-known projects, including Yas Island, the Abu Dhabi Global Market (ADGM), and the ongoing conversion of Al Maryah Island into a significant center for business and leisure. Comprehensive facility management services are required for these projects in order to guarantee the built environment’s sustainable operation and upkeep. The FM market is significantly influenced by the proactive policies and strategic objectives of the government of Abu Dhabi. The Abu Dhabi Economic Vision 2030 places a strong emphasis on the need to invest in infrastructure and manage resources effectively while outlining aggressive targets for sustainable development and economic diversification. These guidelines foster an environment where FM providers can present creative solutions in line with the city’s development objectives. Due to its popularity as a worldwide hub for commerce and culture, Abu Dhabi sees a large influx of people living there as well as visitors. The need for a variety of FM services, such as property management, maintenance, security, and support services, is increased by this demographic diversity. Abu Dhabi’s FM providers serve a variety of stakeholders, guaranteeing the smooth running and upkeep of business, residential, hospitality, and cultural facilities.
UAE Facility Management market competitive landscape
Leading companies such as Emrill Services LLC, Imdaad LLC, Farnek Services LLC, EFS Facilities Services Group, Transguard Group LLC, Khidmah LLC, Etisalat Facilities Management LLC, Cofely Besix Facility Management LLC, Al Shirawi Facilities Management LLC, Khansaheb Facilities Management, Enova Facility Management Services LLC, Idama Facilities Management Solutions, Deyaar Facilities Management LLC, MAB Facilities Management LLC, and Eltizam Asset Management Group. The facilities management market in the United Arab Emirates is highly fragmented, with most players offering similar services. This creates a contested market space, which puts pressure on margins and lowers pay scales. In addition, work permit restrictions and nationalization costs present significant challenges for FM vendors. a number of numerous local and foreign companies operating in the UAE facility management sector, which is very competitive. Through alliances with domestic players, foreign players conduct business in the nation. More companies are anticipated to enter the market shortly as it is anticipated that the market would expand and provide more chances.
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Legal Considerations for Foreign Buyers in Abu Dhabi Real Estate
Abu Dhabi is a promising city in UAE which is bustling with economic activity. Because of such growth and its strategic position in the Persian Gulf, it is a dream destination for expats who would like to invest in a foreign country.
With such alluring attractions Abu Dhabi has found solid investments from foreign nationals in the real estate sector.
Abu Dhabi’s Department of Municipalities and Transport recently reported a rise in foreign investments in real estate by 363 percent in the first half of 2023.
These statistics are indeed the result of deliberate efforts and legislation on the part of incumbent authorities.
Until 2019 there were restrictions for foreign nationals to own land or any properties. As a part of the governing body's interest to multiply its economic prowess, the government has opened real estate to foreign nationals with certain restrictions.
Can a foreigner buy property in Abu Dhabi?
As already mentioned right to own land was restricted for foreigners in Abu Dhabi. As a result, most expats had to lease out properties with contracts that may reach up to 99 years.
In 2019 a law regulating the ownership of real estate properties was amended by the incumbent governor of Abu Dhabi. This amendment, in the law numbered 19 in 2005, gave way for foreign nationals to own land in Abu Dhabi. This was made possible with amendments in its Articles 3 and 4.
So the answer to the question is, Yes a foreigner can buy freehold properties in Abu Dhabi in areas fixed by the authorities.
Thus homes for sale in Abu Dhabi got a surge in demand from foreigners.
Paper works for foreign buyers in Abu Dhabi
Registration, creation of an escrow account, and notarising contracts such as the sale and purchase agreement provide you legally binding transfer of property in Abu Dhabi. The paperwork involved in such procedures might overwhelm you. In such cases, it is better to consult a professional legal practitioner for preparing or evaluating this paperwork.
You might find it alluring to jump after cheap houses for sale in Abu Dhabi. Wait! There are a few more legal considerations that will assure you a legitimate ownership of the property.
Legal Considerations
Title Deed: Before making the transaction please verify the title deed. The seller should have a legal title over the property with zero space for disputes. Homes for sale in Abu Dhabi might come with attractive offers. However, keeping and checking necessary documents is essential for legitimate ownership. A professional lawyer can assist you in this property title search.
Registration: Registering the property in your name at the Abu Dhabi land department is necessary to ensure lawful custody of the property.
Fees Involved: Property Transfer Fee, Registration Fee, and all other fees and taxes should be paid in compliance with Emirati laws.
The changes in Abu Dhabi laws have resulted in enormous investment in the real estate sector. Leveraging this opportunity effectively requires adherence to the existing laws. These laws are intended to provide trouble-free transactions for sellers and investors equally. Thus before proceeding with the search for homes for sale in Abu Dhabi, it is required of you in your best interest to understand the legal terrain of Abu Dhabi land laws.
With a team of qualified legal professionals Providential Properties Management is all set to take you through a hassle-free process of finding a trustworthy investment opportunity in Abu Dhabi.
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Planning to move to the UK from UAE? Do read this post
The UK is a well-liked relocation and tourist destination for people of the United Arab Emirates for a variety of reasons, including the abundance of top-notch educational institutions spread throughout the nation and business and employment prospects.
But compared to the UK, life is much different in the UAE. As a Muslim nation, the UAE differs from the UK in terms of customs and culture. This may make the thought of relocating to Britain intimidating, but with the correct help, moving from the UAE to the UK may be easy. Additionally, there are sizable expat Emirati populations around the nation, especially in London, which may facilitate settlement.
You'll need the appropriate UK visa if you plan to relocate from the UAE to the UK and stay there for more than six months. To ensure that you choose the appropriate visa for your needs, it is crucial that you thoroughly weigh your alternatives. UAE nationals may be eligible for a variety of UK visa categories; the category that best suits your needs will depend on your personal situation and the purpose of your intended relocation. Consult one of the UK immigration Consultants in UAE for more details.
For Work
You will require a work permit if you intend to relocate from the United Arab Emirates to the United Kingdom to work. UAE nationals can apply for a variety of UK work visas; the one you need depends on the kind of work you'll be performing and how long you want to stay in the UK.
The skilled worker visa is the most popular work visa in the UK. UAE nationals need to have a work offer from a registered UK Sponsor firm in order to be eligible for this visa. Additionally, you must earn the minimum wage required for your line of work.
You must apply for this visa while you are still residing in the United Arab Emirates, unless you are residing in the United Kingdom on a visa that allows you to convert to the skilled worker visa. Using the application found on the gov.uk website, you may apply online from the United Arab Emirates. Additionally, you'll need to schedule a time to visit a visa application facility. There are two: one in Abu Dhabi and one in Dubai.
To Become An Entrepreneur
There are several business prospects in the UK for UAE citizens, since the UAE ranks as the 18th largest trade partner, the 14th largest export market, and the 20th largest import market for the UK. In the UAE, a variety of UK business visas are widely used. They are intended especially for people who want to invest in or launch a business in the UK, and they consist of the following:
The Startup Visa requires endorsement from an official authority for first-time company owners who want to open for business in the United Kingdom.
A high-value immigration path available to anyone who can spend at least £2 million in UK companies is the Investor Visa.
The Innovator Visa requires a minimum investment of £50,000 from seasoned businesspeople who want to launch a company in the United Kingdom.
Every type of visa has certain requirements that must be fulfilled, however our solicitors can provide you with all the information you want on the application process and precise methods to fulfil the requirements.
For Study
There are over 3,400 Emirati students studying at UK institutions, making the UK their most preferred destination.
You must apply for a student visa if you wish to begin the process of travelling from the United Arab Emirates to the United Kingdom for a time of study. In addition to demonstrating that you have the money to cover both the cost of your anticipated course and your living expenses while visiting the UK, you must already have an offer for an educational programme there.
Before you arrive in the nation, your UK study visa must have been approved. It is best to apply three weeks before to the start of your course, as the application procedure typically takes three weeks. You may often start your course one week before it is authorized.
For more details, search for the best UK immigration Consultants in UAE.
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Tips for Seeking the Right Commercial Lawyers
The role of commercial lawyers is to provide legal assistance and advice to business owners. No matter the size of your business, it makes a lot of sense to get their help to make sure that you can operate legally. The more you should consider seeking a credible and knowledgeable commercial lawyer if you are an expat and you want to set up a business in the UAE. That’s because rules and regulations vary between expats and citizens for setting and conducting their business.
How do you know which commercial lawyer to hire? A quick search might surprise you with the wide range of options. That said you can narrow down the options by considering a top law firm with commercial law as one of its specializations. Here are some tips to help you find and choose the right commercial lawyers:
Get to know the law firm
Make sure that it is a licensed and full-service law firm with a team of advocates and legal consultants. That way, you can find all the legal services you might need to set up and run a business successfully in your area. Make sure that they have extensive experience in helping locals and expats in navigating commercial law in the UAE.
Find out what they can do
Commercial lawyers should be able to provide extensive legal services in every branch of commercial codes, such as importing, buying, selling, security laws and regulations, brokerage, exporting, and transportation. If it is relevant to your needs, verify their capabilities and experience in helping potential investors with extensive surveys for procuring stable and safe investments and returns, including negotiation strategies.
Make sure that they speak your language
It’s important that they can fluently communicate in your native tongue, especially if you are not well-versed in Arabic or English. So, check that they speak your language. Reputable law firms are multilingual and offer their services in French, Arabic, English, Urdu, Tagalog, Iranian, Hindi, and Russian.
Look up testimonials
Reputable law firms are highly esteemed and proud on their capabilities and advancements in bringing their insights on commercial and business law and tailoring their solutions to suit the needs of their clients. You may be able to verify their ability to deliver on their promise and guarantee through the feedback from their previous clients, but do take these with a grain of salt.
Schedule a consultation
Learn more about commercial lawyers by booking a consultation. The first one is usually free and it should provide an opportunity for you to determine if they are right for you.
About the Author
Al Rowaad Advocates & Legal Consultants are one of the top law firms in Dubai and Abu Dhabi with a team of court lawyers and legal consultants providing you with un-matched legal expertise in the United Arab Emirates. The firm offers its legal expertise in the fields of corporate law, property law, civil law, criminal law, family law, inheritance law, business set-up, maritime law, litigation and arbitration matters.
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A Basic Guide to Real Estate Investment Visas in UAE
Undoubtedly, the UAE actual property marketplace is huge! Being an epicenter of worldwide enterprise, tourism, international innovation, and latest technology, UAE draws each buyers and experts from everywhere in the world. Elite businessmen from throughout the globe are seeking funding possibilities in UAE. With the actual property marketplace of UAE producing an boom in ROI consistently, increasingly more buyers are searching at distinctive funding visas in UAE.
Luckily, you could now revel in residing in UAE through getting an funding visa. For actual property buyers, UAE presently gives forms of long-time period visas. But earlier than leaping into that, first factor first:
What is an Investment Visa in UAE?
The UAE investor visa, additionally regarded as “accomplice visa”, is for people who need to behavior their enterprise in UAE. You ought to be an investor to use for this form of visa.
Ten-Year Investor Visa
Investment performs a chief position in turning into eligible for a ten-yr investor visa in UAE. An expat ought to have a public funding of as a minimum 10 M AED withinside the UAE to use for this visa. Following are the investments eligible to reap a long-time period actual property investor visa.
A new employer in any of the Emirates with a capital funding of 10 M AED.
A partnership in an current employer. This way you ought to personal stocks of really well worth as a minimum 10 M AED.
Have deposits of as a minimum 10 M AED. These deposits may be in any Emirate.
Now which you understand what forms of investments are eligible beneathneath the long-time period visa category, let’s grow to be specific and communicate approximately the situations obligatory for the ten-yr investor visa.
Out of your 10 M AED or extra funding in UAE, 60% of the quantity must now no longer be withinside the belongings portal. This way 60% of the funding must be in sectors aside from the actual property marketplace.
It is obligatory that your funding of 10 M AED or extra has monetary solvency.
Your funding ought to be loan-free. The quantity invested withinside the UAE must now no longer be loaned.
The belongings in UAE ought to be retained for as a minimum 3 years.
With the ten-yr investor, you get a few unique perks or options. To call a few:
If you're granted the ten-yr investor visa, you could make bigger it on your enterprise companions. The situation right here is that the companions ought to additionally make an funding of 10 M AED.
Holding a ten-yr investor visa offers you the privilege to encompass an govt director or an marketing consultant aside from kids and spouse.
If you're a overseas investor, you could observe for a multiple-access allow. This allow is for a six-month period.
Five-Year Investor Visa
A five-yr funding visa in UAE is up for grabs each for businessmen and buyers. But the eligibility standards for each aren't the same.
For businessmen and entrepreneurs, it's miles obligatory for them to be part of an current challenge with a capital quantity of 500,000 AED. These visa holders also can encompass a accomplice and 3 executives aside from the kids and spouse.
For belongings buyers, let’s speak the necessities in extra detail:
The investor making use of for this visa ought to have an funding of as a minimum five M AED withinside the belongings. This may be in any of the Emirates in UAE.
Like a ten-yr investor visa, the candidates for a five-yr visa ought to additionally show that their funding isn't loaned. The funding must be absolutely loan-free!
The belongings in UAE ought to be retained for as a minimum 3 years.
If you aren't certain wherein to make investments and want to locate homes on the market in UAE in widespread and Dubai in particular, test out our internet site and feature a examine our belongings portal for the indexed homes.
Key Benefits of the UAE Investor Visa
UAE investor visa comes with unique blessings for the visa holder. The pinnacle one is being capable of stay withinside the maximum high-priced a part of the Earth.
You can are living in any of the Emirates.
You can open a financial institution account in any Emirate.
You can observe for a riding license.
You can get a process as a trainer in schools.
That is curious about the fundamentals approximately the investor visa in UAE. We may even put up a extra complete manual approximately a way to observe and a way to search for funding possibilities withinside the coming weeks.
More.. Abu Dhabi Apartments , Apartment For Sale In Abu Dhabi , Top Real Estate Company In Abu Dhabi , Best Real Estate Companies In UAE , Real Estate Companies in Abu Dhabi
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Purchasing a Property in UAE 2021
Having own property is everyone’s dream. Purchasing property is never easy until or unless you make it. To find the property at great deals without hassle you need planning.
As we know that all persons doesn’t purchase property for home even some do want it for good investment. So with which option you should go we have few tips to decide for the same:
Planning for investment or home:
It is the most important factor that whether you are purchasing the property for investment or for home. While purchasing for the home it becomes easier as compare to investment.
If you are non-UAE resident and you have long term plan for living in UAE then you should purchase a home, because for long term in renting you will also pay a lot and you can’t have a feeling of your home.
If it’s an investment opportunity you want, then you need to find out which country will give you the best rental return.
Also note : Mortgage rates in UAE 2021
Location:
It is other important thing which should be best for house as well for the property purchase for any investment. Try to invest in the property area which is already developed , it should be near by school, Metro , shopping malls and other basic necessities.
Prior to buying any property make sure you know of any future development plans in the surrounding as this can potentially affect the future valuation of your property.
How much you know about market:
Try to check it out the Dubai market about its highs and lows. By that you can come to know when the property prices are increasing and falling.
Best mortgage for the property purchase:
You have to check it out the mortgage rates which suits you.
https://www.compare4benefit.com/all-loan/mortgage-home-loan
Compare the mortgage rates and go for the your mortgage:
The key to securing a good mortgage is to cut off the danger such as getting locked into a mortgage because of hefty transfer fees or early settlement fees. It’s also worth remembering the UAE Central Bank did try and introduce caps on mortgage lending earlier this year. The caps on how much consumers could borrow were suspended for further consultation after the banks lobbied against them — but those caps could be in place by the end of this year.
How much risk you can take:
You do everything at a risk it could be good at outcomes sometimes and sometimes not. The people who made the most in the UAE’s last property boom took a risk and invested in what was then a very new property market. When you are investing , invest it at good times. So, whatever your decision, tread carefully.
For the foreigner who are living from a long time and are thinking that owing house is good option than renting .They have a good news . Outlanders can buy property at different locations in Dubai, Abu Dhabi and The North Emirates
Below are the locations listed for property purchase in UAE :
Dubai
If you are an outsider currently living in the United Arab of Emirates, Dubai law states that you can buy:
A leasehold property
A freehold property in one of the 23 freehold areas including Al Barsha South, Emirates Hills, Jebel Ali , Sheikh Zayed Road , Dubai Marina and Palm Jumeirah.
The Northern Emirates
Outlanders can now make freehold and leasehold purchases in Ras Al Khaimah , Sharjah , Ajman and Umm al Quwain. Most of the available property tends to be on a leasehold basis.
Abu Dhabi
Non- GCC nationals ( people not from the UAE, Bahrin , Kuwait, Qatar, Oman or kingdom of Saudi Arabia ) are able to buy leasehold and freehold property in designated investment zones in Abu Dhabi , These include Yas Island, Reem Island, Saadiyat Island, Raha Beach, Al Reef Village and more
Can expats get the mortgage to purchase property in the UAE?
Expats can get a mortgage from lenders operating in the UAE but there are some restrictions. The UAE Mortgage Cap law requires non- UAE nationals to have a cash down payment of at least 20% of the property value 9 15% for UAE nationals) plus associated purchase costs.
Now the question is how you will save this down payment ???
Do not need to worry for the same we have provided you some tips below:
There’s no getting around the need for a down payment when it comes to buying a property in the UAE. Unlike some areas of the world, there are no 100% mortgages here! Expats are required to have at least a 20% down payment, and UAE nationals need 15%.
You can save money by reducing unnecessary spends such as you spend on malls and eating at restaurants or going for unnecessary gym partnership of 1 year .
You should for the highest interest rate saving options and as we know that investing in house is long term investment so while on rent try to go for low budget property.
You should go for strict monthly budget and stick to it and try to safe more.
For the same you should use a mortgage broker because broker has good communications with the lenders and output will be great. It will save your money and he will give you many options according to your needs. On the other end you can save your time also because you don’t need to go to various locations and call many persons.
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Vie Hotel Bangkok Selects Organika Products for Renovated Spa
The Vie Hotel Bangkok, part of Accor's MGallery Hotel Collection, has chosen Organika spa products to enhance its newly renovated spa. Guests visiting the new Vie Spa by Organika will see an all-new reception area, while dedicated therapists are available to provide a personalized consultation on a range of spa and massage treatments available for various body types and wellness preferences. A strong emphasis is placed on the positive benefits of aromatherapy, with calming and energizing scents carefully created to help rejuvenate the body, mind and soul.
Guests can choose from a range of aromatherapy packages and full body treatments, facials and scrubs designed to detox, calm and purify. The spa’s signature 90-minute Zenith of Relaxation treatment is an aromatic candle massage that uses pure essential oils, soy butter, jojoba and vitamins A and E to help nourish and replenish skin moisture. This therapeutic treatment has been created to relieve the body from stress and aches and to promote a deep and restorative sleep. A range of Organika spa products, using natural ingredients, are also available for purchase, including the all-natural aroma massage candle, aromatic milk bath & massage oil, organic hand & body wash, aromatic ambiance diffuser and more. Located on the 10th floor of the hotel, the spa comprises six private treatment rooms, a Thai massage room, a single treatment room, three rooms equipped for couples treatments, and a luxurious spa suite with a jacuzzi. The hotel is located within walking distance of the BTS Skytrain Ratchathewi Station. See latest Travel News, InterViews, Podcasts and other news regarding: Spa, Accor, Bangkok, Wellness. 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best areas to go back and forth in Spain in 2020
Tourism in Spain is, without a doubt, one of the suitable favorite choices in Europe with its company in all places in the world. With the wonderful seashores, mountains, ski resorts, high-quality climate, diverse and interesting nightlife, many cultural areas and historical cities, it is no wonder that Spain is probably the most frequent tourist destination in Europe for any class of shuttle.
if you're also attempting to find tourist places in Spain, then check out a listing by means of break listed under.
Madrid
source: trip consultant
Spain's first-rate capital metropolis showcases the country's staggering history. here's an ideal break vacation spot, as there are a royal palace, parade troopers, alternate guards and lots of museums to consult with.
There is no seek advice from Madrid with out a discuss with to all three foremost museums within the metropolis. The Prado museum reveals what previously the Royal Spanish artwork collection, while subsequent to the Reina Sofia Museum sees an up to date masterpiece just like the Picasso Guernica move. additionally, the local Thyssen-Bornemisza Museum combines historical Masters with the most beneficial contemporary paintings.
probably you might be drawn to THE superior CITIES TO BE AN EXPAT, RANKED
Granada
source: Jones world wide
located on the base of the Sierra Nevada mountain range in southern Spain, Granada is the capital of the province of Granada. Granada presents an ideal mix of normal cultures, animated nightlife and fantastic attractions including the realm-renowned Alhambra, the head of Moorish art wrapped in Andalusian history. This medieval complicated overlooking Granada is one in all Europe's splendid architectural attractions, with many guests to Granada to peer the Alhambra. The ultimate Moorish stronghold in Europe, the Alhambra presents appropriate décor, extraordinary and lush gardens, waterfalls and drip water, and excellent views of the metropolis under.
Valencia
supply: OFO go back and forth
right here, friends will see a lot of orange timber, but the fruit is called "Orange Valencia" is in reality planted in California. tourists who love native food as an alternative may still pay consideration to the paella. besides the fact that children the metropolis has a lot of monuments, Valencia's up to date treasures are the city of Arts and Sciences, a latest advanced of museums, cinemas, theatres, and so forth.
Barcelona
supply: Departures
Barcelona, the city, seaport, and capital of Barcelona Province (province) and of the Catalonia Autónoma Comunidad (self-sufficient group), north-Japanese Spain, lies ninety miles (150 km) south of the French border. it's the greatest of Spain's Mediterranean port and industrial middle and is prominent for its personality, cultural activity, and bodybuilding attractiveness.
The metropolis's core is observed in the Gothic quarter. founded between the Ramblas, a collection of linked boulevards, going southeast to the ocean and by means of Laietana, it's a close maze of narrow paths that are emphasized through amazing medieval structures. The church, Palace and church witness Barcelona's importance as a nonsecular middle.
might be you might be attracted to foremost locations to discuss within Europe in January 2020
Córdoba
source: Helle Hollis
A building is ample intent to take Córdoba up high on your itinerary: Mezquita. some of the optimum Islamic buildings on this planet, the Mezquita is the symbol of sophisticated lifestyle, secular construction here over a millennium before Córdoba as the capital of Muslim Spain and the largest cultural city of western Europe. but nowadays the Córdoba is greater than Mezquita. With so a great deal to peer and do, some charming lodging, and awesome eating places and bars, it's a lot more priceless than a transient seek advice from that many friends offer. The genuine charm of Córdoba opens as you discover the winding streets of the medieval city in the west, north, and east of the flashy tourist area correct across the Mezquita, wandering between the iron balconies and lights, potted flora, protruding timber.
Watch subsequent: proper 10 Tallest curler Coasters on this planet
The branch of tradition and Tourism - Abu Dhabi organizes book alternate experience with Spain's Biblioteca Islámica
Abu Dhabi, UAE: today the department of way of life and Tourism - Abu Dhabi (DCT Abu Dhabi) organized an ebook exchange experience all the way through which it offered its newest publications to representatives of the Biblioteca Islámica (Islamic Library) in Spain. Held this morning at DCT Abu Dhabi’s headquarters at Nation Towers in Abu Dhabi, the adventure became attended by way of Antonio Álvaraz Barthe, the Spanish Ambassador to the UAE, and aimed to promote cultural and intellectual trade between both nations.
The experience comes as a part of DCT Abu Dhabi’s efforts to increase relationships with international academic and skills-focused associations, in addition, to lift attention of Arab and Emirati culture the world over.
The adventure protected the alternate of many useful historic, literary, highbrow and scientific books, along with a collection of brief experiences. Titles covered The background of Muslims in Africa, the heritage of Arabic song in Andalusia, Bloody Blue Room, El Conde Lucanor, The Conquest of The Incas, the up to date Latin American Literature sequence, and the Poetry of Azad within the Pre-Islamic period.
Abdullah Majed Al Ali, performing govt Director, Dar Al Kutub Sector at DCT Abu Dhabi referred to: “it's a pretty good privilege to exchange and share books among diverse international locations, to advertise knowledge and give you the chance to learn more about other countries and their cultures. The Biblioteca Islámica in Spain represents a prosperous aid of abilities of the Andalusian Arab way of life, as well as the realm of science, that could benefit our readers within the UAE. Sharing and changing books can additionally contribute to bringing our Arab and Islamic culture, and the Emirati tradition, to the wider world.”
throughout the experience, Antonio Álvaraz Barthe, Ambassador of Spain to the UAE, mentioned: “This exchange will appreciably make contributions to the dissemination of our cultures in each nations. furthermore, an ambitious cooperation program between both institutions has been agreed for the following couple of years with a view to consist of joint exhibitions and routine and promotion of the translation of Spanish literature into Arabic.”
centered in 1981, Dar Al Kutub, DCT Abu Dhabi’s publishing sector, is likely one of the UAE’s greatest abilities repositories and a must-have resource for intellectuals, students and scientists. the sphere is answerable for the establishment of community, little ones’s and cell libraries. It also acts as a publishing condominium and provides translation services for many of the realm's primary literary works. considered one of its most vital roles is to advertise talented Emirati writers and researchers through publishing their books and academic works. the sphere additionally collects, preserves and displays ancient Arabic and Islamic manuscripts, overlaying loads of subject matters from literature and religion to science and humanities.
The Biblioteca Islámica in Spain is one of the most totally-respected Islamic libraries in Europe. it is home to one hundred,000 books, manuscripts, and documents, making it an important cultural aid and a beacon for Islamic subculture in Spain and Europe. It holds many useful books and documents that have been the main source of suggestions for generations of students and Arabists.
-Ends-
about the department of tradition and Tourism - Abu Dhabi:
The branch of lifestyle and Tourism conserves and promotes the heritage and subculture of Abu Dhabi emirate and leverages them in the construction of a global-class, sustainable vacation spot of distinction, which enriches the lives of visitors and residents alike. The corporation manages the emirate’s tourism sector and markets the destination internationally via a big range of activities aimed at attracting friends and investment. Its policies, plans, and classes relate to the maintenance of heritage and tradition, including keeping archaeological and ancient websites and setting up museums, including Zayed National Museum, Guggenheim Abu Dhabi, and the Louvre Abu Dhabi. DCT - Abu Dhabi helps highbrow and artistic actions and cultural pursuits to nurture a rich cultural ambiance and honor the emirate’s heritage. A key position is to create synergy within the destination’s development through shut coordination with its large-ranging stakeholder base. dctabudhabi.ae
© Press free up 2019
Comida de la Calle — the highway food of Spain
if you go to the noted Mercado de San Miguel in Madrid, you are going to — neatly, you will frankly likely pay too a good deal for everything because the vicinity is reputed to be a significant vacationer trap. that you could tell, as a result of the entire indications are in English.
but if you do go there, you will be surrounded with the aid of a vast array of awesome meals.
In Spain, highway food is severe company. The country that gave the area tapas — small plates of intensely flavored food that are meant to be shared — additionally has a subculture of tapas-like street fare.
it's simply the element to retain starvation away between a big mid-day meal and a light late-nighttime supper.
notwithstanding it is a rustic of under 50 million Americans, Spain's cuisine is remarkably different. Surrounded on most aspects with the aid of water, the country fishes a whole lot of its food out of the sea. however, it additionally has mountainous areas, rural regions, and totally urbanized areas. The Roman Empire made its mark on the nation's cooking, as did the Muslim conquest of the Eighth Century that brought with it the constituents and cooking varieties of Persia and India.
And by hook or by crook, all of those influences discover their solution to the gala's, street stalls, kiosks, food trucks and markets that retain Spaniards convinced throughout the day.
I determined to discover the road meals of Spain with four representative and customarily familiar dishes. It become a grand beginning; making all four only made me wish to try many more. basically, it made me need to fly to Spain and pig out (most likely as a result of pork is so popular in Spain).
I started with the virtually iconic dish Patatas Bravas, which, if we are going to be all American about it, is simply the Spanish version of French fries with ketchup.
however, is so a good deal more. The Spanish use small, waxy potatoes (I used new purple potatoes), which have a distinct texture than the Idaho or Russet potatoes frequent for frying right here. In Spain they're also double-fried, a strategy that yields a crispy exterior and a creamy interior; it's additionally primary right here on the finer French-fry emporiums.
And the tomato sauce that makes the potatoes sing isn't in fact ketchup in any respect. it is less complex than ketchup, featuring simply the essentials: tomatoes, garlic, onion, olive oil, a tiny volume of sugar and, it being Spain, smoked Spanish paprika.
Patatas Bravas are what French fries aspire to be.
subsequent, I used equal oil to make shrimp fritters that were completely out of this world. they are tremendously simple to make, but they do require a peculiar ingredient: chickpea flour.
as it occurs, I had some chickpea flour at domestic. if you don't (and why would you?), and you may's locate it at a food market, which you could use semolina flour as an alternative of the mixture of all-intention and chickpea flours. but are trying to find the chickpea flour, as a result of I can't think about the rest that would be so gratifying.
It provides simply the right flavor to head in a batter with chopped shrimp and minced parsley and scallions. The fritters fry to, crisp golden brown and a wonderfully subtle taste of shrimp.
in case you crave extra spice, then you definitely will look to pattern the bird Pinchitos With combined Spices. These are the Spanish equal of chook kebabs (which you can also make them with pork or lamb), but the blend of spices that goes on them is all from Spain.
1. mix collectively the chicken cubes, lemon juice and spice mix in a medium bowl. Stir to coat…
Turmeric, garlic powder, oregano, caraway seeds, coriander seeds, garlic powder, anise seeds, black pepper and beaten red pepper all go into the mix, along with just the correct quantity of salt to deliver out the premiere in each and every spice. traditionally, these are grilled, but when you do not have a grill handy you could at all times pan-prepare dinner them, nevertheless on a skewer, in a big skillet.
Their flavor is intense, in a great way. In an outstanding method.
ultimately, I made Pa amb tomàquet, a dish so basic and simple I had at first now not regarded making it. however it is so universally loved in Spain that I decided to include it, and I'm blissful I did.
Pa amb Tomàquet is slices of baguette that are toasted, rubbed with garlic, rubbed with a cut clean tomato and then topped with a light drizzle of olive oil.
this is it. And it's that respectable. I'm told it's served at every café in Spain, and at each festival.
on occasion, the fundamental issues are most reliable.
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on reflection, it changed into the premiere meal of my life. no longer coincidentally, it become also the most desirable highway meals of my life.
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in case you suppose about Thai meals — which is something I do with alarming regularity — the Thai meals you think about first is doubtless Pad Thai.
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Free wealth consultations offer several advantages, especially if you’re considering professional financial advice for the first time.
1. Evaluate Financial Advisor Expertise
During a free consultation, you have the opportunity to assess the advisor’s expertise and approach. This meeting allows you to gauge their knowledge, experience, and whether their advice aligns with your financial goals. It’s a chance to understand their strategies and how they can help you achieve your financial objectives.
2. Understand Wealth Management Services
The consultation provides insight into the range of services offered by the financial advisor. This can include investment management, retirement planning, tax optimization, estate planning, and more. Understanding the services available helps you determine if they meet your specific needs.
3. No Financial Commitment Required
One of the key benefits of a free consultation is that it does not require any financial commitment. You can receive professional advice and explore options without any upfront costs. This is particularly useful for those who are new to wealth management or exploring different advisors.
What to Expect During a Free Wealth Consultation
To make the most of your free wealth consultation, it’s helpful to know what to expect during the meeting.
1. Financial Goals Discussion
The consultation typically begins with a discussion of your financial goals and aspirations. You’ll be asked about your short-term and long-term objectives, such as retirement plans, investment goals, and savings targets. This helps the advisor tailor their advice to your specific needs.
2. Review of Current Financial Situation
The advisor will review your current financial situation, including your income, expenses, assets, and liabilities. This assessment helps identify areas for improvement and potential strategies for achieving your goals.
3. Preliminary Recommendations
Based on the information provided, the advisor will offer preliminary recommendations and strategies. These suggestions might include investment options, savings plans, or financial adjustments to help you move towards your goals.
4. Explanation of Services and Fees
The advisor will explain the range of services they offer and any associated fees. This is an opportunity to understand how they charge for their services, whether it’s a flat fee, a percentage of assets under management, or another structure.
5. Opportunity to Ask Questions
You should take advantage of the consultation to ask any questions you have about Wealth management Abu Dhabi the advisor’s approach, or financial strategies. This helps ensure you have a clear understanding of how the advisor can help you.
How to Prepare for a Free Wealth Consultation
Preparing for your consultation can help you make the most of the meeting and ensure you receive relevant advice.
1. Gather Financial Documents
Bring relevant financial documents, such as bank statements, investment portfolios, and debt records. Having these documents on hand allows the advisor to provide a more accurate assessment of your financial situation.
2. Define Your Financial Goals
Clearly define your financial goals and priorities before the meeting. Whether it’s retirement planning, buying a home, or saving for education, knowing your objectives helps the advisor provide tailored recommendations.
3. Prepare Questions
Prepare a list of questions to ask during the consultation. This could include inquiries about the advisor’s experience, their investment philosophy, or how they can help with specific financial challenges.
Name: Redcliffe Partners
Address: #256 Al Wafra Square Building, Reem Island, Abu Dhabi, UAE
Phone No: +971 2886-4415
Website: https://redcliffepartners.ae/
FAQs
What is included in a free wealth consultation?
A Wealth management Abu Dhabi typically includes a discussion of your financial goals, a review of your current financial situation, and preliminary recommendations from the advisor. It’s also an opportunity to understand the advisor’s services and fee structure without any financial commitment.
Are there any costs associated with a free wealth consultation?
No, a Wealth management Abu Dhabi is offered at no charge. It’s designed to provide initial advice and assess whether the advisor’s services are a good fit for your needs. There is no financial obligation to proceed after the consultation.
How do I prepare for a free wealth consultation?
To prepare, gather relevant financial documents such as bank statements, investment portfolios, and debt records. Clearly define your financial goals and prepare any questions you have about the advisor’s services, strategies, and fees.
How long does a free wealth consultation typically last?
The duration of a Wealth management Abu Dhabi can vary, but it generally lasts between 30 minutes to an hour. The length depends on the complexity of your financial situation and the depth of the discussion.
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7 Things To Know Before Moving To Abu Dhabi UAE
1.Climate: There are no surprises in Dubai / Abu Dhabi UAE, one must keep in mind that it’s a desert and the sun shines here all year long although temperature can vary during, summers it reaches more than 40 0C and during winters it never go below 15 0C, but the sunshine is always consistent. An attractive quality for expats coming from western countries especially UK or Canada. But the good thing is that even in the summer you don’t have to bare the heat most of the time, air conditioning is available almost everywhere, even the bus stops are air conditioned. If you don’t wish to leave the home you don’t have to even the local grocery shops in Abu Dhabi / Dubai can bring small groceries at your doorstep. So cheer up convenience is going to be your new lifestyle after moving to Abu Dhabi.
2.Culture & Language: You would be pleasantly surprised with the amount of cultures and ethnicities available to mingle around in Abu Dhabi / Dubai. People from around the globe travel to Abu dhabi UAE, if you love meeting new people from different parts of the world then this city is definitely for you. However, you might have to be patient sometimes to navigate your way through as it can be hard to comprehend how things work out in different cultures. Although learning Arabic which is the official language here, would have an advantage but almost everyone knows English thus you don’t have to expect any language barrier.
3.Transportation: This is the beating pulse for any modern city. Abu Dhabi does not have a metro line like Dubai, but the bus network is relatively cheap and reliable source of commute. Monthly bus pass can be purchased for as low as 80Dhs. Taxis are available 24/7 in every part of the city with minimum fare of 12Dhs. Cabs can be called on as well other options such as Careem is also readily available. You might find many of the fares much cheaper than your home country.
4.Cuisines: Whether you live to eat or eat to live, in either cases the abu dhabi & dubai has everything to offer from local Emirati cuisine to Indian curries, dishes form the Far East or most popular fast food chains around the world. The restaurants here have broad spectrum of prices options as well, if you appreciate fine dining with great ambiance or either you are on budget there are options for everyone, so be prepared to get your taste buds tickle.
5.Educational Institutes: If you are visiting UAE with your children then educational institutes such as schools, colleges and universities are an important aspect to look for. Have a peace of mind that the capital emirate has best schools ranging from public schools to private schools which are teaching British or American curriculums. There are various schools run by the commonwealth countries embassies which means your children would get same education as in your native country. All in all there are more than 256 public schools and 185 private schools situated in the greater Abu Dhabi area. As far as higher education is concerned there are local and international renowned options available such Khalifa University, Sorborne Paris or the famous New York Universtiy Abu Dhabi campus.
6.Leisure Amenities: Abu Dhabi is filled with fun places where you can spend quality time on weekends or any free time and make lifelong memories. If you love water parks don’t look further and visit Yas water world one of the best waterparks in the region, if you enjoy adrenaline filled roller coaster rides do visit Ferrari world Abu Dhabi, or just amuse yourself and dwell in your childhood by visiting warner bros amusement park Abu Dhabi. Visit one of the largest and most famous Art Museum Louvre or one of the largest mosques Sheikh Zayed Mosque in Capital city abu dhabi. The Abu Dhabi is also filled with beaches and waterfronts and golden shining sand is plentiful. Apart from this Abu Dhabi has plenty of options for world class shopping malls keep a check on your wallet as there can be a tempting but expensive never ending shopping spree. Famous malls here are Yas Mall, Marina Mall, Dalma Mall, Abu Dhabi Mall, AL Wahda Mall and many more smaller shopping centres to shop for any item from any high end luxury brand in the world. If you and your friends love to party there is no shortage of nightclubs as well, In a nutshell the normal cliché of going to Dubai for fun is just not true anymore.
7.Residence: The single most important thing for anyone moving for the first time or traveling to Dubai / Abu Dhabi UAE is to sort his or her residence issues. It’s worth mentioning here that if the accommodation is not paid by your employer then be prepared and spare a large portion of your income for rental or mortgage payments. Residence is more of a budget driven subject but if you are loaded then the good news is that the new laws allow you to own property on freehold agreements just like a local resident. There are plenty of options to choose from, you can have modest size studio apartment in the heart of the city or can get a villa on a pristine beach at Saadiyat or Raha Beach in abu dhabi. Rental payments in Abu Dhabi are payable upfront for the whole year, thus you have to arrange the finances as per the requirement whether it is personal payment or the company accommodation allowance, multiple cheques may be an option but very rarely a monthly payment arrangement can be made. Before making a tenancy contract all the documents such as the passport copy, emirates id and resident visa copy has to be submitted. If your company is paying for your tenancy then an offer letter has to be made which will be approved by your employer for further processing. Registration with Tawtheeq is also required so that you can get your water, electricity, gas and internet connections.
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LLC Company Formation in Dubai,UAE,Abu dhabi
Reasons To Start Your Own Business In The UAE
Why Choose Dubai As An Investment Location?
The Dubai economy enjoys a competitive combination of cost, market and environmental advantages that create an ideal and attractive investment climate for local and expatriate businesses alike. In fact, these advantages not only rank Dubai as the Arabian Gulf’s leading multi-purpose business center and regional hub city, but they place it at the forefront of the globe’s, dynamic and emerging market economies. Dubai, with its ancient commercial and seafaring traditions, has long been recognized as the Middle East region’s leading trading hub and has emerged as its key re-export center. In more recent years, the Emirate has become a major venue for a number of growing, profitable industries and activities .
Political And Economic Stability: Dubai is part of the UAE which is a low-crime and politically-stable country. Also, the UAE enjoys financial and monetary stability. Its well-developed, sophisticated banking system features ,extensive credit facilities and ample liquidity. The Emirate’s emerging capital markets are built on a basis of leading-edge technologies and sound regulatory systems. The government has a long, consistent commitment to pro-business, liberal economic policies including the protection of intellectual property rights. The UAE benefits from stable and harmonious industrial relations. Finally, there is a well defined, sound legal framework for business and a clear set of ownership rules. Foreigners are permitted ownership rights of up to 49% for limited liability companies established within the Emirate of Dubai and up to 100% for professional companies, branches and representative offices of foreign companies and free zones enterprises. All of these factors reflect positively in Dubai’s being assigned an investment grade rating for fixed income investment by Moody’s Investors Service.
Large, available workforce
One of the biggest struggles when starting up any new enterprise is finding the right people to work with. Dubai wins again. Its liberal and cost-effective labour laws, along with its desirable working location, make it both easy and – perhaps most importantly – rather affordable, to recruit employees from almost anywhere in the world. The ease at which expatriate workers – who make up a staggering 90% of the city’s labour force – can enter and exit the UAE also makes it easier for businesses .
Ease of starting your own business
New markets, new consumers, the rise of Internet technology – Dubai is a land of booming opportunities.
A recent survey by HSBC revealed that Dubai is ranked second-best city in the world after Singapore for expats looking to start a business. The survey highlights that the UAE’s entrepreneurial environment, job prospects and better salaries as primary factors attracting expats from across the world.
“Despite the volatility in the global economy and insecurity in job markets, the UAE’s diverse business landscape and its position as a hub in the Middle East means that it continues to be an attractive destination for expats from across the world,” .
No Taxation.
The UAE’s economy in general is considered to be the most liberal and most diversified in the region. Dubai applies NO TAXATION policy for almost all types of business activities with exception of branches of international banks, hotels and major oil and gas companies. The following taxes are NOT applied in Dubai:
Personal income tax;
Capital gains tax;
Value-added tax;
Withholding tax;
Corporate tax.
Dubai Free Zones.
Free Zone is a designated tax-free area, where foreigners can set up and do business in Dubai with full ownership and without partnering with a local emirati partner or agent. All Free Zones vary from one to another and offer licenses in various sectors. For example, there is a Free Zone for healthcare providers (Dubai Healthcare City or DHCC); there is a Free Zone for educational and training institutions (Dubai Knowledge Village); there is a Free Zone for media companies (Dubai Media City), there is a Free Zone for financial institutions and services providers (Dubai International Financial Center or DIFC) and many others. There are more than 20 Free Zones currently operating in Dubai itself.
Residency Visa.
If you have a company in Dubai and in other Emirates of the UAE in general, you will be eligible to get a UAE Residency Visa for yourself, your family members and for your expatriate employees. Having a UAE Residency Visa will give many benefits such as:
you can open a current account in UAE Banks
you can lease an apartment for long-term basis
you can enter/exit to/from UAE multiple times
you can get visas for other countries more easily as a resident in the UAE.
Logistics and Infrastructure
Dubai enjoys the position of a significant player in international trading and transport logistics. It has the advantage of its inherent strategic location on the globe. Dubai is in the middle of far east and Europe and situated at the crossroad of international trade between east and west. Due to its geographical location, Dubai is considered to be the gateway to the world’s most progressive markets, including Africa, India and china.
Air
Dubai offers immense facilities in air transportation and air cargo. Dubai has two airports Dubai international airport and Dubai World Central (Al Maktoum International Airport). Dubai international airport is one of the busiest international airports in the world. It has world’s largest cargo hub known as cargo village, most of the cargos for Asia & Africa are using this cargo village. Dubai world central is operational but it is still in developing phase. DWC is located in Dubai south district which is also future home for expo 2020 site. Once completed and start operation in full capacity it will become world’s largest airport and multi-model logistic hub with the capacity of 160 million passengers and 12 million tons of cargo per year. DWC is an integrated project of six clustered zones Dubai logistic city, commercial city, residential city, aviation city and the golf city. Dubai logistics city is one of the largest industrial submarkets under construction. According to the latest research from cluttons, international real estate consultancy it has already attracted a number of high-profile players including integrated national logistics, emirates, sky cargo, Aramex etc. DWC has one more speciality. It has world’s only 7- star airport terminal for private aviation.
Sea
Dubai’s Jebel Ali port is the largest port in the middle east, it is likely to become the biggest container port in the world. The government of Dubai and DP world are working on the expansion plan of Jebel Ali port. According to the official statement, the current plan will multiply the total capacity of Jebel Ali port by seven, making it world’s biggest port, surpassing the ports of shanghai and Singapore. India and china are using it as a logistical hub for their African ventures. Due to its strategic location port is providing market access over 2 billion people across six continents. It is a gateway for over 90 shipping services connecting 140 ports in the world. The strategic geographical location and facilities made it the busiest port in the middle east, according to a research report revealed by arabiansupplychain.com based on statics of 2015. Port Jebel Ali is linked to Dubai’s express-way system and to the Dubai international airport cargo village. The rapid transportation facilities available in Dubai made it possible to achieve ship-air and air-ship connectivity in four hours. Dubai has two more ports Port Rashid and Al hamriya.
Land
Dubai has one of the best road infrastructures in the world. According to world economic forum’s travel and tourism report (2013), the UAE has been rated second best in the quality of roads. Dubai is known for wide roads with disciplined traffic and centralised monitoring system by high-tech cameras and radar. The Dubai metro is world’s largest automated driverless train system, with more than 70 Km of magnetic tracks. The government is working on an extension of the metro route and connecting metro to expo 2020 site. Soon Dubai will enjoy connectivity with 1200 km long Etihad railway network. This network will connect all major population, trade and industrial zones across UAE. This will fulfill freight & passenger needs. Dubai will be connected with GCC rail network also. GCC railway is 2,117 km long rail network this will connect all six countries of gulf corporation counsel. Transportation of goods will become easy for UAE, Saudi Arab, Kuwait, Qatar, Bahrain, Oman. The Dubai government is developing 500 Km road network and 120 multilevel interchanges by investing $ 12 billion. The development work is expected to complete before expo 2020.
Local culture and heritage Although Arabic is official language; English is the most widely spoken language in business rooms. The company is hospitable and is ranked safe place to work. You get a chance to enjoy the delectable local cuisine and Arabic culture in forms of art, music and architecture.
Before we conclude, we‘ll do a bonus section on major UAE cities which you can eye for a business setup.
Dubai: It is the most cosmopolitan city in all of UAE, tourists from all over the world visit Dubai for its shopping experience.
Abu Dhabi: Home to the richest, it is also the most planned and organized business center in UAE,
Sharjah: Sharjah airport international freezone is a premier freezone which attracts foreign investors.
Jebel Ali: It is a free zone on the western side of Dubai. Ready made facilities like business parks, office spaces are available for the customers.
Fujairah: The Fujairah freezone is an upcoming one and is attracting shipping and transport companies from all over the world.
So, are you excited to start up your own venture in the UAE? If yes, then prep up your business idea and get in touch with international business consultant in UAE ,Namaccountants -who have guided thousands of business owners for successful business setup in this region.
With Namaccountant team’s international business men and local Middle Eastern exposure, you can rest assured that your business setup is taken care of.
Have more questions on how to go about?
Write to us at [email protected]
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Investment Plans UAE Expats Savings Alternatives - Invest in Imperial Avenue
At the Investment Plans UAE, Dubai and Abu Dhabi, business visionary Stefan Terry was hoping to contribute his reserve Mutual funds two or three years back, he immediately understood the pitfalls confronting numerous expats. The expenses on most Financial Investment Plans Dubai are ludicrously high and long haul reserve funds arrangements are frequently sold without unveiling key points of interest, for example, what is being put resources into or the punishments for breaking an agreement early. Typically we help individuals and families with retirement planning, education fee planning, life cover, critical illness cover and medical cover and we partner with companies such as Zurich International Life, Standard Life, Royal Skandia, Friends Provident International, Generali International and Royal London 360.
To finish it off, there's little Investment Plan Abu Dhabi of action to right wrongs when question with the merchants of these items, (for example, complex protection connected seaward ventures) emerge on the grounds that the direction in the UAE is as yet early. This permits numerous dodgy purveyors of money related items to bilk the clueless. Mr Stefan Terry, 38, The International Financial Planning Award (FSA Approved) – The Chartered Insurance Institute (CII) expert who now maintains his own particular wellbeing organizations in Dubai, says he was exhorted against agreeing to accept a long haul venture conspire – which regularly go from five years to 10 years – by a companion who had lost cash in the wake of breaking his own arrangement. "I almost agreed to accept a 10-year arrange however halted when my closest companion said 'Kindly don't do this, I did it and lost a lot of cash'," he says. "I didn't especially know where to contribute my cash. I had a few supports in the UK and thought 'I am in budgetary administrations and I don't know where to contribute stuff'."
So Mr Stefan invested energy examining choices, in the end moving his cash into Mutual Funds Dubai, an ease resource director, back home in the UK. US-based Mutual Funds was one of the main firms to offer minimal effort recorded shared assets – reserves that copy any given monetary resource benchmark. It has gotten money streams into its assets as of late as financial specialists begin on to the banquet of putting resources into the least expensive conceivable way. Financial specialists emptied US$236 billion into Mutual Fund subsidizes a year ago. While numerous shared assets that are effectively overseen commonly charge around 1.5 for each penny administration expenses every year, trade exchanged assets and shared assets that simply take after a record, can charge a fragment of that. For example, Investment Plans Dubai, Total World Stock trade exchanged reserve, Investment Plans UAE, a store that tracks more than 7,000 stocks comprehensively, charges 0.14 for every penny in yearly expenses.
Meanwhile, money related counsellors need to revaluate themselves and depend less on commissions and more on charges. In the US, new directions have been set up to shield shoppers from deceitful money related consultants. There are additionally indications of progress in the UAE, with various money related counsellors moving from commission-based structures to charge based, for example, AES International and Offshore. To help expats stay away from the pitfalls of contributing while abroad, Mr Stefan set up a non-benefit online discussion a month ago called Investment, which offers exhortation on what to maintain a strategic distance from with regards to picking speculations and how to avoid deceitful guides. He additionally anticipates helping gatherings of individuals, for example, instructors, deal with their accounts through addresses and classes.
One of his greatest tips is to disregard the chilly guests that numerous expats in the UAE know about. They work by getting existing customers to give them telephone quantities of companions and partners, making a feeling of trust and commonality. In any case, once they get hold of an eager prospect, they will regularly offer them a wide range of items with out of this world expenses, for example, supposed mirror subsidizes that copy a marked stock or security support yet charges that are twice as high. "It's a lawful trick," says Stefan, a Dubai-based overseeing chief at AES International. "The primary issue is that the controller to some degree has deliberately ignored and a considerable measure of market members has taken immense favorable position of that. These are a hefty portion of the Investment Plans UAE, Dubai and Abu Dhabi that we found in the UK 20 years back and were enacted bankrupt.
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