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The Gulf region was once known as a tax-free paradise, but those days are fading. With the UAE levying corporate tax and other Gulf nations considering personal income taxes, the landscape has shifted. So, is the Gulf still a great tax-friendly option, or are there better alternatives? In this video, Mr Henderson revisits the latest tax policies, breaks down the best options in the region, and explores whether moving there still makes sense.
00:00 Why the Gulf Is Introducing Taxes
02:03 The UAE’s 9% Corporate Tax Explained
03:30 How UAE’s Tax Impacts Foreign Businesses
04:30 Oman: An Interesting Alternative to the UAE
06:09 Saudi Arabia: Permanent Residency Programme
08:47 Kuwait: Expecting Corporate Tax
09:47 Qatar: Residency & Business Impact
10:29 Bahrain: Tax-Friendly Option
11:38 What These Tax Changes Mean
13:00 Should You Still Move to the Gulf: Lifestyle and Tax
14:11 Choosing Dubai?
15:01 Other Alternatives for Tax-Friendly Living
Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.
We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.
No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.
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Our Website: http://www.nomadcapitalist.com/
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Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.