Investors, Rentiers and Pensioners Attraction Law
Costa Rica passed legislation to place the country as a top destination with favorable residency and tax conditions to attract investors, rentiers and pensioners. Among the benefits that the law grants are:
THE EU COMMISSION PRESENTS NEXT STEPS IN THE SETTING UP OF THE JOINT CYBER UNIT
Background of the proposed changes The COVID-19 pandemic has boosted digitalization and digital interaction at all levels of European society. Along with increased interconnectivity, however, came greater vulnerabilities and threats from a cybersecurity perspective.
The New Concept of Family Ownership in Dubai
In the wake of progression by implementing new legislations, the Emirate of Dubai has promulgated a new law by virtue of Law number 9 of 2020 for regulating the Family Ownership (hereinafter referred to as the Law). The concept of Family Ownership is seemingly up to the minute and was issued to regulate and govern …
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Learn more about the Dubai New Law Allowing Heirs to Sell Their Inherited Properties
The principles of Shariah law in UAE govern the inheritance affairs of all the Muslims especially UAE nationals. Whereas, foreign expatiates whether Muslims or non-Muslims can apply the provisions of their home country law for property inheritance or other family matters. In any case, there are numerous vulnerabilities with respect to property inheritance issues. In …
What you should know about credit card default management in the UAE?
Credit cards defaults should not be taken lightly, and credit cardholders should be well versed with the aftereffects of such defaults. It is important to understand that defaulted payments for a credit card are retained on record for many years, and this is even if you have repaid the entire defaulted amount. Defaulted credit card …
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This Might Be Best Way to Learn About the New Citizenship Law of UAE
A new citizenship law has been introduced in the United Arab Emirates by amending the UAE federal law no. 17 of 1992, also known as the Citizenship Law. The amendments in the new law has been regarded as an affirmative development which is responsible for the reinforcement of the status of the country as an …
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Stay One Step Ahead! Conduct Due Diligence Before Buying Property in UAE
Due diligence is commonly characterized as intensive exploration before signing an agreement, particularly one including the sale and purchase of land or any property. Due diligence implies playing it safe, auditing and examining documents, performing estimations, insurance protection, performing reviews, strolling the property, and basically getting your work done for the property BEFORE you really …
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How Arbitration Institutions awards legal cost in UAE?
Managing an arbitration means managing a client’s expectations, including the client’s costs in pursuing its case in arbitration. Parties in arbitration may incur different types of costs; wherein the three main costs involved are the Tribunal Fees; Administration Fees; Legal fees for experts and for legal representations. Legal cost is the main expense incurred by …
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Key points to remember about Health Insurance in the UAE
The UAE is renowned for its best quality healthcare facilities, which has led to a rise in medical tourism over the past decade. Healthcare is so prevalent, there are an estimated 181 doctors per 100,000 residents. Health insurance is one of the most serious issues in any society as it often leads to high-quality healthcare …
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Extradition law for Indian Nationals in the UAE
The United Arab Emirates is a signatory of the Riyadh Arab Convention on Judicial cooperation for Oman, Qatar, Saudi Arabia, Bahrain, Iraq, Algeria, Jordan, Kuwait, Lebanon, Libya, Tunisia and Morocco. In addition, the UAE has entered into bilateral treaties for judicial cooperation with United Kingdom, France, India, Pakistan, Iran, Australia, China, Egypt, Kazakhstan etc.