Tag: United Arab Emirates
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The Five Best Golden Visa Countries in 2024 – Plus Argentina: One to Watch
Golden Visas continue to attract high-net-worth individuals (HNWIs) seeking dual citizenship, visa-free travel, and unparalleled opportunities for global mobility. While the programs differ by country, the benefits remain universally enticing: a gateway to new horizons, security for families, and potential tax advantages. Here are the top five Golden Visa destinations for 2024 and an exciting…
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Top 10 Countries with Zero Income Tax: A Haven for Expatriates and Investors
For many high-net-worth individuals, entrepreneurs, and retirees, the appeal of relocating to a country with zero income tax is substantial. Such locations offer not only potential financial benefits but also the opportunity to enjoy different lifestyles and climates. Here’s a roundup of the top 10 countries where people can live without paying income tax, making…
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Navigating the Waters of De-Dollarization
China’s Digital Yuan and the Shifting BRICS Dynamics In a landmark move, China has successfully completed its first cross-border oil transaction using the digital yuan, marking a significant milestone in the ongoing global trend of de-dollarization. This development has been further accentuated by the recent inclusion of Saudi Arabia and the United Arab Emirates (UAE)…
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The Success of the Abrahamic Accords: A Milestone in Middle East Peace
The Abrahamic Accords, hailed as a historic breakthrough in Middle Eastern diplomacy, have achieved unprecedented success in normalizing relations between Israel and several Arab nations. The Accords, brokered in part by the United States in 2020, paved the way for a new chapter of cooperation in the region. Countries Involved: Israel: The primary nation at…
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Indonesia Towards the Center of Global Sharia Economy
DUBAI, UAE, Nov. 8, 2022 /PRNewswire/ — PT Bank Syariah Indonesia Tbk (BSI) affirmed Indonesia’s commitment to become one of the centers of world Islamic finance, through the introduction of four programs to strengthen this ecosystem in Indonesia and abroad. Minister of State-Owned Enterprises Erick Thohir has led the Ministries preparation of four featured programmes to form this ecosystem. First, developing…
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Abu Dhabi Commercial Bank Partners with Silicon Valley’s Plug and Play to Join Global Ecosystem of Financial Institutions
ABU DHABI, United Arab Emirates, Aug. 5, 2019 /PRNewswire/ — Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi. Along with 80 other financial institutions across Silicon Valley, New York, Singapore, Tokyo, Paris, and Frankfurt, ADCB will…
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Buried Treasure: How Much Is Hidden in Tax Havens?
Switzerland, which developed cross-border wealth-management in the 1920s, once was in a league of its own as a tax haven. Since the 1980s, however, tax-dodgers have had a rich menu to choose from: They can hide assets anywhere from the Bahamas to Hong Kong. The percentage of global wealth held offshore has increased dramatically—but it…
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Ajman International Business Companies (IBC)
In this post FATCA world, setting up an International Business Company (IBC) has changed significantly. It’s now become much more difficult to open a bank account for your new company, and if your business needs to drop-ship products, there are even more hurdles to jump. The fact of the matter is, in most of the jurisdictions…
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Dubai IFC & UAE Offshore Tax Haven
Dubai is without a doubt the most exciting International Finance Centre in the world and although a relative start-up as an offshore tax havens, it’s rapidly become the most dynamic banking and financial hub of the United Arab Emirates (UAE). Dubai has now grown big enough in the global banking scene to earn it’s own…