Correct but for the benefit of the forum the process is like opening an EMI, all online and you don't need to go to the bank.
thank you for pointing details out.Correct but for the benefit of the forum the process is like opening an EMI, all online and you don't need to go to the bank.
Same as Emirates NBD E20 and LIV are all digital banks which allow for a turnover of up to AED 30M or roughly $8M/€7M/£5.5M equivalent.
You have to have an ID card to open, the process is just like Wise but a they ask for a few more docs.
Thx dear. Something to keep in mind as I am shifting my focus too. So a 3 year license would cost 7500 AED. That knocks off a chunk. I know a few friends who were paying 22k for 1 year with Ajman previously.It is currently AED 9,250 (for 1 Year for a 1 visa licence), AED 15,725 for 2 year, AED 22,200 for 3 year.
Remote working visaTo follow the original thread request of the lowest cost structure with UAE residency.
What is the lowest cost option within Emirate of Dubai with resident visa, and ability to sponsor family. ?
It's not a good option for most people as one has to go get a visa, Emirates ID every year possibly driver license would have to renewed too (now five years license given when a couple of years ago it was 10 years for all visas).I got the Dubai remote visa, total cost (visa only): ~3000 AED for one year.
But the company is in another country so I suppose it will be harder to get a UAE tax resident.
True. I am in process of wrapping up my business in Dubai and get a freelance Ajman visa ? It's much cheaper than other options except remote visa. Does anyone know if ESR , UBO are also going to be required in freelance visa too ? Forms after forms are now driving us nuts. Basically these forms nightmare have pushed down our throat by EU and OECD goons.