|
|
|
|
|
by charlesdm
4599 days ago
|
|
What does $1k/mo actually get you and in what part of town? I've visited Dubai before, and actually really really liked it. The fact that there was so much diversity was interesting. Seems to be a lot of cool things happening as well - Startup Weekends, Make hub, etc. Food was great as well. I also looked into getting a visa. The $5-7k for the freelance visa - is that with the Dubai Internet City free zone? Technically you can't work from home with those, or do business with non free zone companies right? |
|
AED 38k translates to $10,345/year, or $862/month. He had to hunt a lot for this apartment though. It's not easy to find, and if you're unfamiliar with Dubai it's especially easy to end up paying Manhattan-esque rents.
With regard to the freelance visa -- I haven't gotten myself one (yet), so I'm no expert. But I don't think working from home will be a problem. You're right that you can't do business with non-free zone companies. But if you're a freelance programmer or web designer, you can basically work out of your home, and bill your client for you work as you normally would anywhere else. And you'd get the full amount, since the UAE has no income taxes.
As far as I know, you do approach a free zone company like DMTFZA. I've actually spoken to a rep at another free zone (RAKFTZ). The reason it costs $5k is because you can't just register a company with a free zone -- you also have to pay at least some office rent. With RAKFTZ, I basically explained my situation -- that I'd be freelancing, and that I was looking for the cheapest option (in terms of visas), to stay in the country. They said the cheapest options was a "Flex" plan, where I am allowed to use one of the meeting rooms in the RAK Free Zone building for up to X hours a week (X < 20). This plan (which includes company registration and what not), would set me back ~$5000/year (converting from AED here). A visa, valid for 3 years, would cost another $2k.
So you're looking at $7k the first year, $5k the next two years, $7k again, and so on -- which is not bad, considering you're not paying taxes (assuming you're making at least $5k/mo). The Dubai free zone authority probably charges, but I most likely not too much more (in order to stay competitive). As a side note; Gulf News, a local English daily in the UAE, had a piece where they described how freelancer visas costs around AED 25,000/year (~$6.8k/yr), and how this was exorbitant and what not. Note: most foreigners in the UAE earn a lot less than first-world country wages. I would wager a guess that the median income of a resident of the UAE was between USD 15k to 20k (i.e. quite close to the US poverty line). The wealth distribution in the UAE is sadly, quite uneven.