• March 15, 2022

The UAE recently celebrated 50 years of its formation. In such a short span of time, the country has managed to make its mark on the map by becoming home to many notable feats including the Burj Khalifa, Ain Dubai, Etihad Rail, among others.

The UAE provides a piece of home to everyone looking to move to this beautiful nation, be it for studies or for business. It offers an upgraded lifestyle, unmatched security, financial safety, and even seamless business set-up structures, thereby making it one of the ideal spots for starting a business.

So, if you are looking to move to the UAE, this article aims to be your guide.


UAE: A Cultural Melting Pot

While the total population of the UAE is around 10 million (United Nations, 2018), more than 88% of its residents are expats. This will allow you to experience different cultures in your locality as well as your workspace.


No Income Tax

The UAE is one of the few countries that do not charge any income tax. This allows you to keep everything that you earn. The government, however, introduced VAT for the first time on various goods and services in 2018; this has been kept at a rate of 5%. As for the corporate tax, a recent amendment was introduced which will subject all companies earning a net profit over AED 375,000 to a corporate tax of 9%.


Upgraded Lifestyle

The UAE also offers an upgraded lifestyle with unmatched security. Dubai and Abu Dhabi are popular cultural hubs offering amazing nightlife and retail experiences. The UAE is, in fact, one of the safest countries in the world for women.


Important Things to Know When Moving to the UAE

The Emirates:

The UAE comprises seven Emirates, namely Abu Dhabi (the country’s capital), Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah.

Each of these Emirates has its own rulers and specific regulations. When you move to the UAE for a job or to study, you should be aware of its rules and comply with them in order to lead a safe and happy life in the country.


It is mandatory for UAE companies to provide health insurance for their employees. Before signing your contract, you should check for the insurance coverage and how easy it would be for you to access medical help when it is urgently needed. 

Healthcare services without insurance are quite expensive and could create an unexpected dent in your finances. Therefore, it is recommended that you check about your insurance. Moreover, in the case where you are applying for insurance yourself, ensure to choose a reliable one with exceptional customer service.

When choosing an insurance policy, you should also look for and compare premium rates, select the medical requirements you would want to be covered, and choose an accessible network.

Moving and Living Costs:

When moving to the UAE, it is important to connect with a reliable mover that can make the whole experience seamless and hassle-free for you. For instance, a study by Numbeo revealed that renting a 3-bedroom flat in the prominent areas of Abu Dhabi or Dubai could cost you anywhere starting from AED 3,000 on average every month.

The UAE offers a high-quality lifestyle. To settle in seamlessly, efficient planning will help you settle in quickly. 

Moving to the UAE with Your Family:

As with many countries, family is highly valued in the UAE. Once you have moved your family to join you in a fresh start, you would be able to get them settled in quickly.

There are quality schools in the UAE with focused education being provided. Your children will be able to experience a vibrant culture and make friends from different countries.

The UAE celebrates many prominent festivals from around the world. Christmas, Thanksgiving, and Halloween are some of the popular festivals that are widely celebrated, especially in Dubai. If you are moving your family to the UAE, they are certain to have a safe and healthy lifestyle.

Moreover, the UAE also has many family-friendly entertainment features throughout the year. Ranging from summer camps to interesting activities for the whole family, you can bond well with your spouse and kids and enjoy the upgraded lifestyle offered in the country.

Weather changes:

Temperatures in the UAE can hit both extremes. During the summers, the temperatures can go up to 49°C and can drop to around 10°C during the winters.

However, the country is prepared to make expats feel welcomed with comfortable transportation facilities. The means of transport even the waiting areas have air conditioning to help you feel at ease.

Visa Provisions:

The UAE now offers multiple visa provisions for expats. For those looking to make UAE their second home, they can live in the UAE with an employment visa or even apply for the following types of visas provided that they fulfill the eligibility criteria.
Residence visa (1-2 up to 10 years)
Retirement visa (5 years and possibility for renewal if the individual meets the eligibility criteria)
Investor visa (3 years)
Golden visa (5 or 10 years)
Talent Pass (3 years)

Working As a Freelancer:

The UAE also offers provisions to live and work in the country as a freelancer and sponsor yourself. You would not be required to pay any income tax. Visa and license provisions such as the freelance license (1 to 3 years), Talent Pass (3 years) and the virtual work program (1 year) can help you kickstart your freelance career in the UAE.

UAE: The Safest Place To Be In

The UAE has been regarded as one of the safest places to live and work in. Its unmatched safety measure and security features help residents and even visitors rest assured while traveling in the country.


Moving to the UAE, if planned well, can be a seamless process. We, at Ascent Partners, can be your guide throughout this journey!


Moving to the UAE: Trivia

1. Can I live in UAE permanently?

You can live in the UAE for 1 to 10 years with a residence visa that would be required to be renewed periodically. According to recent changes, an individual can avail the following types of visas based on their individual criteria:
- Residence visa (1-2 up to 10 years)
- Retirement visa (5 years and possibility for renewal if the individual meets the eligibility criteria)
- Investor visa (3 years)
- Golden visa (5 or 10 years)
- Talent Pass (3 years)

2. How much money do you need to move to UAE?

The average cost of living for a family of four is about AED 12,000 per month. This also includes items such as groceries, transport, leisure activity, and eating out at restaurants. As a single person living in the UAE, you would require around AED 3,000 per month.


3. Can foreigners buy property in Dubai?

In Dubai, foreign ownership is permitted in areas designated as a freehold. Foreigners who don't live in the UAE and expat residents can own property in designated freehold areas.


4. Can I live in Dubai without working?

Yes, you can. Dubai has launched a new programme that allows people to live in the emirate while working for an overseas company. This programme, called Work Remotely From Dubai, allows eligible individuals to be a part of a 1-year virtual working program. 


5. How much is the average rent in the UAE?

The average rent in the UAE ranges between AED 30,000 to 50,000 per year for a studio apartment. One-and two-bedroom apartments typically range between AED 40,000 and 100,000, depending on the area you choose to live in.


How can Ascent Partners help?

Ascent Partners is a boutique consultancy providing bespoke, end-to-end corporate services ranging from company formation to accounting, bookkeeping, and compliance services for entrepreneurs looking to set up their next venture in the UAE. We work alongside to strategise, startup, and scale businesses in the UAE and the broader region.


With a combined experience of 50+ years, our expert consultants provide reliable and unparalleled guidance throughout all strategic phases of a business' evolution.


To know more, Get in touch with us at ask@ascentpartners or 04 422 7339 to start up and scale your business.