Since the remarkable UAE retirement visa was implemented, thousands of people have researched how to retire in Dubai or Abu Dhabi. But what if I told you that there are better places to retire in the UAE?

Discover how low taxes can also come with a low cost of living in cities like Ras Al Khaimah and Fujairah, reasons not to move to Dubai, and why retirement in the UAE will help you keep more of your money in your pocket.

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💡 TOPICS IN THIS VIDEO 💡
abu dhabi expat life, best places to live in uae, cost of living in fujairah, cost of living in uae, dubai taxes, how to retire in dubai, is dubai worth living, living in fujairah, living in ras al khaimah, pros and cons of living in abu dhabi, reasons not to move to dubai, retire in abu dhabi, retire in ras al khaimah, retire in the uae, retirement in the uae, retirement visa dubai, retiring in dubai, retiring in the uae, uae retirement visa, what happened to dubai, why move to dubai, why to live in dubai, retirement in Dubai

#dubai #retirement #uae

🔎 EXCERPT 🔎
Today you are going to discover
the Pros, the cons, the cost of living, and the best places to retire in the UAE.
Because this country might be a wonderful place, but it is not for everyone.
And a lot of what I am going to tell you, is not what you expect.
Let's first start with the Pros.
And I will start with the most important and obvious one because I respect your time
The Tax Advantages
First of all , the UAE does not impose personal income tax.
You will live TAX FREE.
This means that expatriates living in the UAE retain 100% of their earnings.
And that is not only for retirees, but even people who work normally don't pay any income tax.
So if you suddenly decide to complement your retirement pension with an extra job, you will still pay
ZERO
TAXES
In contrast, many countries have income tax rates ranging from 20% to 50% of your extra income. That is a huge difference.
Additionally, there is no capital gains tax in the UAE.
This is great for expats and retirees who rely on investments for income.
In other countries, capital gains from the sale of stocks, bonds, or property are often taxed.
For instance, the United States taxes long-term capital gains at rates up to 20%. In the UAE, retirees can sell their assets without worrying about tax deductions.
Another good advantage is the absence of wealth taxes. Many countries charge taxes on an individual's total net worth, including property, investments, and other assets. For example, Spain imposes a wealth tax that can range from 0.2% to 2.5% of an individual's net assets. In the UAE, there is no such tax.
The UAE also does not have an inheritance tax. For comparison, in the United Kingdom, inheritance tax can be as high as 40%.
So by now, you know how absurdly good is the UAE from the taxation aspect.
But there are a few other pros.
Safety is one of them.
The homicide rate in the UAE is 0.5.