6 Major Benefits for Hong Kong People Moving to Dubai
- Enjoy 0% personal income tax and business profit tax, with living costs 40% lower than Hong Kong
- Multiple choices of IB English kindergartens and international schools, with tuition fees 50% lower than Hong Kong
- Hong Kong people have employment advantages due to trilingual abilities, with salary levels similar to Hong Kong
- Housing costs (both rental and purchase) are 40% lower than Hong Kong
- Easy to hire local or overseas domestic helpers for approximately HKD 3,500 per month
- Entire family can obtain resident status by purchasing residential property worth minimum AED 750k (~HKD 1.6m)
Advantages
- No education or language requirements, no need to start a business
- Work, study or reside long-term in UAE without requiring a sponsor
- Spouse, dependent children under 30, and parents of main applicant can also apply the UAE residence permit
- Allow to sponsor up to two maids and one driver (for 2 years)
Application Requirements
2-Year Residence Permit:
- Investment requirement: Must own property worth at least 750,000 AED in Dubai
- Investment requirement: Must own property worth at least 2 million AED in Dubai
Processing time
Approximately 1 year
