- Nov 24, 2021
- 4 min
What are the different types of DIFC WILL?
DIFC WILLs services centre was established in the year 2015 to cater to the asset protection needs of the international investors...
"Mayur & Co is been one of the trusted advisors for international investors community world over. Under global investment services we help clients identify and onboard with trading platforms, private banks, asset management firms, real estate and insurance companies by hand holding in their initial documentation as well as ongoing compliance and reporting matters. We do not advise clients on where to invest but we advise on how to invest because we believe investor protection should be at the forefront of any investment decision. We ensure that clients interest is protected and they are taking an informed decision while managing their personal wealth."
DIFC (Dubai International Financial Center) has a dominant presence of worlds best private banks, investment trading platforms, asset management firms and insurance companies which attract investors from Middle East, Africa, South East Asia, and Europe to the region. Over the years Dubai has seen sharp increase in single family office set ups in the city. Given the world class infrastructure and robust regulatory regime High Net Worth individuals / families look for options to access global markets from Dubai. It also offers many other benefits because of its tax favourable regime on investment activities and reporting standard. We can guide you to make this difficult choice in a holistic manner.
Access to the financial markets is easy and inexpensive thanks to a variety of discount brokers that operate through online platforms. Different online brokers are optimized for a different type of client—from long-term, buy-and-hold, novices to active and sophisticated day traders. Choosing the right online broker requires some due diligence to get the most for your money. It is imperative to know if the trading platform is regulated under securities and commodities authority in UAE and provides the account to be opened and maintained by the UAE office. Moreover, one must inquire if the ownership will be governed by the local laws and it can be protected by a estate WILL to ensure the investments are passed on to the family beneficiaries.
Dubai's real estate market is very popular amongst the global investor community because it offers higher rental yields than many other mature real estate markets. New golden visa scheme linked to property investment enable investors to gain a residence visa subject to certain conditions. Highly favourable tax conditions in particular, the absence of property taxes and stamp duties, that are applicable in other global real estate markets, also paints the city as a highly attractive investment environment. We assist clients globally to ensure a thorough due diligence before making any such investment decisions and avoid pitfalls on the way. It is also imperative that the property serves the purpose for which it is sought such as golden visa category, rental yields or investment for capital appreciation. Moreover, one must also have a inheritance plan in place to ensure that the real assets are protected and assigned to the family beneficiaries to avoid a legal hassle.
UAE has taken its place alongside other major financial powerhouses as not just one of the leading global business hubs but also the de facto financial centre in the MEASA region. Dubai's DIFC is currently home to 17 of the world's top 20 banks, 25 of the world's top 30 global systemically important banks, five of the top 10 asset managers, and many leading global law and consulting firms. This is makes it conducive for 3 billion residents in the MEASA region to look for people centric investment solutions. We help clients to identify the right kind of financial institution and help in the initial documentation and due diligence while onboarding. We are passionate about investor protection which motivates us to work closely with global investor community in the region.
Insurance and re-insurance is a continuously growing market in the UAE and it has dominant presence of five of the top 10 insurance companies in the world. With all the action happening around commerce and trade and investments, insurance becomes an obvious preposition to secure personal wealth and legacy. We work with client looking for large size jumbo insurance to simply for the documentation process before signing and read the fine print to ensure that clients are aware of crucial details of the insurance products.
Disclaimer: we do not provide any kind of investment advise, instead we provide investor protection by helping them read fine prints and simplify their onboarding documentation and disclosure requirement.
Consult us before making a crucial investment decision and let us help you avoid some common pitfalls that investors make in the region, please get in touch and we will be happy to schedule a virtual appointment for you