Hey Jimmy, love your videos on trusts in the UAE! I'm fully sold on their value, but I have a question: If I want to get a golden visa from property investment, will the government allow it if the property is owned by the trust/foundation and not me personally if I am the trustee and/or beneficiary? Would all beneficiaries be eligible for golden visa? This is my main hurdle in setting this up in the UAE.
Thanks! I appreciate the compliment. No, you wouldn't qualify for the golden visa if the property were owned through a trust or foundation as far as I know. Depending on your situation, often the trust outweighs the benefits of the golden visa. And, there are other ways to get golden visas. It would be helpful to understand your situation better to be able to determine what the best solutions is. Shoot an email to info@esquiregroup.com and let's have a quick intro call to discuss.
Great session and thank you for the shoutout!
Hey Jimmy, love your videos on trusts in the UAE! I'm fully sold on their value, but I have a question: If I want to get a golden visa from property investment, will the government allow it if the property is owned by the trust/foundation and not me personally if I am the trustee and/or beneficiary? Would all beneficiaries be eligible for golden visa? This is my main hurdle in setting this up in the UAE.
Thanks! I appreciate the compliment. No, you wouldn't qualify for the golden visa if the property were owned through a trust or foundation as far as I know. Depending on your situation, often the trust outweighs the benefits of the golden visa. And, there are other ways to get golden visas. It would be helpful to understand your situation better to be able to determine what the best solutions is. Shoot an email to info@esquiregroup.com and let's have a quick intro call to discuss.