Mentor Group Gold
It will change sooner or later. EU will pressure when the first tax fraud cases appear in UAE.
I think we can expect these changes:
1. More difficult to get residence, by requiring real rental rental / property ownership. Real address. Not some fake address or stay at 'hotel'.
2. More monitoring on how long resident will have to stay to get tax residence certificate. 2 days will not be enough in the future.
3. Increased due diligence in banks.
4. Corporate income tax might appear in the future.
The existing model of 0% corporate tax cannot sustain forever.
Thank you. Someone that actually gets it
Point 2 will come as a shock soon to some people. Been saying this for years on here. But like I always say people are gonna learn the hard way.