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Dirham is the official currency of the United Arab Emirates. The code for this currency according to the ISO 4217 standard is AED; its subdivision currency is called fils (there are 100 fils in 1 dirham).
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In September 2022, the UAE government released a set of new tax residency criteria that will come into effect on 1 March 2023. In this article, we will tell you all about the new tax residency rules for individuals and companies, as well as how to get a tax residency certificate in the UAE.
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Mitte (which is the German word for “centre”) is the most prestigious district of Berlin. It is home to the most symbolic places in the city, such as the Brandenburg Gate, the Reichstag, the Berlin Cathedral, Alexanderplatz and the Berlin TV Tower.
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The city of Potsdam in Germany is the former residence of the Prussian kings and the capital of the federal state of Brandenburg.
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The UAE residence visa allows you to live legally in the country and is issued for up to 10 years. It can be renewed an unlimited number of times: in fact, a foreigner has the opportunity to be a resident of the Emirates for life.
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On 8 September, Tranio’s client Svetlana and her family bought a two-storey four-bedroom apartment on the secondary market of Alanya for 150,000 euro — the money Svetlana got after selling a two-bedroom apartment in the centre of Samara.
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Kirill approached Tranio with a request to find investment property in Dubai. He had already been living in two cities — Moscow and Dubai — for the past few years. This spring, our client made the final decision to settle in the UAE, buy an apartment there and relocate his business to the Emirates.
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Many foreigners buy property in Dubai during the construction phase in order to benefit from the growth of its value after the building’s commission. Tranio's client Stanislav did the same and chose for his investment an under-construction project Safa Two by DAMAC. Stanislav bought four apartments worth several million US dollars and closed the deal remotely.
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In April, due to a particularly high demand the UAE government relaxed a number of rules regarding the issuance of residence permits to foreigners.
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In the spring of 2021, Maksim, an investor from Russia, invested 3.2 million euro in a coastal villa in Bodrum. Revalued in June 2022, the villa has risen in price by 19% in euro. The investment did an excellent job at protecting the capital even without rentals. Maksim with his wife and child are spending their second season there, inviting friends and relatives, travelling to Turkey on a visa-free basis.
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Tranio has revealed the most demanded residence-by-investment programmes based on customer request statistics from July to September 2022. The Greek, Portuguese and Latvian “golden visas” turned out to be the top-3 investment choices.

When purchasing a Croatian property, the buyer pays a 3% transfer tax.

The real estate market in Croatia is subject to restrictions hanging on the existence of bilateral agreements with the buyer’s home country.
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I should warn you, my deal took place during a time of rapid change, not only in foreign policy and economics, but also in my personal life. Over the past 6 months, I have managed to do the following: decide against buying an apartment in Turkey; change my mind and buy it under the influence of external circumstances; change my plans for this apartment; get a job in another country (not Turkey).
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A Dubai residence visa is similar to a residence permit and allows you to stay legally in the UAE for a long time for work, study or business purposes.