Millionaire immigration 2024

Are UK taxes making you consider a move?
6,700 millionaires have already relocated to UAE
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The advantages are obvious: 
Customized solutions for your relocation
International law firm UAEASSISTANT offers tailored and comprehensive solutions to clients worldwide:
  • Emirates ID registration for applicants, their family members, and employees.
  • Company registration in free economic zones and on the UAE Mainland.
  • Selection of profitable real estate in the UAE starting from 550,000 USD, including a 10-year Golden Visa.
  • Relocation of companies and assets with guaranteed confidentiality of investor data.
  • Opening of all types of bank accounts with secure information exchange.
  • Capital transfer from the UK to the UAE and other countries via cryptocurrency.
Learn more about our services

The Emirates ID is a resident identification card in the United Arab Emirates, authorizing legal stay, employment, and business activities in the country. Our company provides full support throughout the Emirates ID registration process, ensuring the preparation of all necessary documents for the applicant, their family, and employees, along with comprehensive assistance at every stage. With our team's extensive experience working with authorized bodies, we can speed up obtaining the ID card.

Advantages of the Emirates ID:
  • Access to most administrative procedures in the UAE, including business registration, property transactions, and obtaining a driver's license.
  • The right to participate in public and private programs that support business and startup development in the Gulf region.
  • Access to healthcare, insurance, social programs, and banking services in the UAE.
  • Utilities such as water, electricity, and internet cannot be connected without an Emirates ID.
  • Access to various online services, simplifying interactions with government agencies and saving time.
  • Eligibility for the Esaad government card, providing up to 70% discounts on over 6,000 brands through loyalty programs.

A company in the UAE is a valuable tool for achieving business goals and increasing income. Registering a company on the Mainland or in Free Economic Zones, as well as establishing international holdings and trusts, offers opportunities for conducting business with minimal tax liabilities, setting up a financial hub, obtaining UAE tax residency, and leveraging international tax planning options.

Advantages of doing business in the UAE:
  • Investor rights are protected by an equal business environment for both local and foreign entrepreneurs.
  • Freedom of capital movement, no currency controls, and simplified KYC checks for local currency transactions.
  • Obtaining a unique taxpayer number (TRN), which fosters trust from international partners and financial institutions.
  • UAE residence and tax residency protect against the exchange of tax information under the CRS international standard.
  • Compliance with international organizations such as the OECD and FATF, ensuring a high standard of economic regulations.
  • UAE law guarantees personal data protection for foreign business owners.
  • No corporate, personal income, or dividend taxes, and a VAT rate of just 5%, applicable only to specific domestic transactions.
  • Access to the solvent Arab market through a global trade and logistics hub located near Europe, Africa, and Asia.
  • A unified tax and customs system, with duty-free trade under agreements with GCC Gulf States.


Amendments to the Commercial Companies Law, effective June 1, 2021, allow foreigners to own a business in the UAE without a local partner, making Mainland businesses more attractive to investors than Free Zone companies. This enables asset owners to capitalize on local market opportunities and gain new business prospects.

The political neutrality of the UAE supports stable economic growth and ensures investment security. The UAE serves as a unique platform for optimizing and expanding businesses, regardless of nationality or industry, due to its continuous development and active attraction of foreign capital.

  • No income taxes, allowing for global investment and commercial expansion.
  • High levels of economic stability and security, guaranteed by the country's laws and international agreements.
  • Confidentiality protection for personal, business, and income data, both within the UAE and abroad.
  • An efficient visa system that grants residency not only to business owners but also to foreign employees.
  • Capital relocation to one of the world's most prestigious jurisdictions, offering a high quality of life and successful business opportunities.
  • Freedom of business operations and movement around the globe, including access to developed markets in Europe, Asia, Africa, and the U.S.
  • Access to the Arab world's solvent market and unified tax and customs space in the Gulf region.

The UAE banking system is known for the stability of its national currency, lack of currency controls, and trusted financial institutions. With the ability to manage accounts from anywhere in the world, the UAE is one of the most attractive countries for banking services. UAEASSISTANT specialists can assist you in quickly opening a corporate bank account and provide ongoing support for financial management and interactions with the bank.

Advantages of opening a bank account in the UAE:
  • Stability of the banking system, protection of transactions, and no inflation.
  • UAE’s flexible financial terms enable easy asset management and business growth on the global market.
  • International and domestic transactions are available in multiple currencies without the need for conversion.
  • Simplified KYC procedures for dirham transactions, saving significant time.
  • The ability to make payments for third parties is common practice in the UAE, facilitating free netting transactions.
  • Financial data of UAE residents are not shared under the CRS common reporting standard, thanks to the Central Bank's policies.
  • The UAE offers a favorable investment environment, making it attractive to international investors and businessmen.
  • UAE banks provide first-class service and a personalized approach to each client.
  • The absence of personal and corporate income taxes makes the UAE attractive for financial transactions.

Real estate in the UAE is a stable and profitable investment asset, granting the right to become a long-term resident in a country with a booming economy and high standard of living. Property prices are steadily rising, increasing the long-term benefits of investment and protecting capital from inflation.

Advantages of real estate investment in the UAE:
  • Rental yields in the UAE can reach up to 13%, compared to 5% in the UK.
  • No income tax on rental property in the UAE, while UK rates can be as high as 45%.
  • In the UAE, tenants pay the one-time rental commission, unlike in the UK, where landlords pay up to 8% for management.
  • No inheritance tax in the UAE, allowing property to be passed to descendants without extra costs.
  • Dubai, Ajman, and Abu Dhabi rank among the top five safest cities according to Numbeo, giving investors confidence in asset security.
  • Purchasing real estate in the UAE from 550,000 USD grants eligibility for a Golden Visa, providing a 10-year Emirates ID and all associated benefits.
  • The process of buying property in the UAE is transparent, with most transactions conducted online, making it quick and easy.


Real Estate Market Growth in 2024:

  • Premium real estate: +6.6%
  • Class A real estate: +3.4%
  • Class B real estate: +9.7%


By March 2024, average real estate prices had increased by 20.7% year-on-year, with apartment prices up by 20.4% and villa prices by 22.1%.

Our partners offer a wide selection of properties starting from 550,000 USD (420,000 GBP/2 million AED). A company manager will personally give you a tour or arrange an online viewing (our company policy does not support the use of AI technologies).

Get a full information about the relocation opportunities in the UAE:
  • In person at the company's office
  • Handled by real professionals
  • Without the use of AI and chatbots
UAE, Dubai, Dubai Media City (DMC), Building 5
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Difference in taxes

Comparison of tax systems: UAE and UK

The table summarizes the main tax rates in the United Arab Emirates and the UK to compare the differences and features of the two countries' tax systems.

Taxes in the UAE Taxes in the UK
0% tax on dividends 8.75% / 33.75% / 39.35% dividend tax on amounts from 648 USD (500 GBP / 2400 AED)
0% income tax 20–45 % income tax from 16,283 USD (12,571 GBP / 77,500 AED)
0 % tax on capital gains 20–28 % capital gains tax (10 % in exceptional cases)
0–5% VAT 20% VAT (standard rate)
0–9 % corporate tax 19% and up corporate tax
0–5% tax on real estate transactions 5–12% on the cost of an object valued at 324,000 USD (250,000 GBP / 1,190,000 AED) or above
0% tax on cryptocurrency transactions 10–20% tax on cryptocurrency transactions (VAT)

Comparison of interest rates for currency transactions in the UAE and the United Kingdom

This table shows interest rates and fees for currency transactions in the United Arab Emirates and the United Kingdom. Compare the conditions to find the best option for managing your financial assets.

UAE UK
AED to EUR — 0–2 %  GBP to EUR — 5 % 
AED to USD — 0 %  GBP to USD — 5 % 
AED to BTC — 0,08–0,1 %  GBP to BTC — 10 % 
Real estate options in the United Arab Emirates
UAEASSISTANT specialists will help you select real estate based on your needs, enabling you to obtain a 10-year Golden Visa. With an extensive database of ready-made properties from our partners, you can quickly and securely purchase suitable housing, with the option to pay using cryptocurrency.

Key advantages of buying real estate in the UAE:

The average cost per square meter in the UAE is 30-50% lower than in the UK, making purchases more affordable.

Obtaining an Emirates ID through real estate investment offers numerous advantages, including the possibility of long-term residence in the UAE without the need for annual residency renewal. This right also extends to family members and company employees.

The residency card provides the freedom to conduct business and invest, as well as access to high-quality medical and educational services. Holders of a ten-year Emirates ID can open bank accounts, secure loans and enjoy the benefits of living in one of the world's safest and most stable countries.

Investing in UAE real estate is your path to stability and high income!
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Apply for an Emirates ID for permanent residence in the UAE with residency benefits and minimal taxes
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