BREAKING - UAE Income Tax Coming Soon. 3% to 7% On Expat Incomes & Revenues Generated - Video 7726

Dubai, being the business / touristic hub of the middle east needs to be in the limelight whethet we like it or not, what economic options can give besides oil. They have no choice.

Dubai is a trap u'll be stuck if u invest

❤😊GOOD DAY LOY

Thank you, Loy, I just finished a self-sponsored visa call now to avoid tax from trading income and now I saw this video I will have to look at other options

When I heard UAE was going to be the next Europe, I never thought it was through tax 😆😆😆😆

i depend on this channel for UAE news.....

This was inevitable, first came VAT at 5%, then corporate tax at 9%, and now possibly an income tax. Slippery slope. UAE will lose a lot of millionaires who were looking to put their money in UAE, if income tax arrives there will be no reason anymore. Those who made their money through illegal or shady means will accept it due to UAE not asking where it came from but legitimate individuals with 7 to 8 figure incomes will go places like Singapore or Malaysia.

Not a breaking news in my view. This was invetable.
Back in 2023 bill was drafted.

Imagine earning 1500 dhs that cant afford you basics and paying income tax on it. I know from 1 year that its coming.

UAE is under the control of the Zionists, further taxes will be rolled out. The problem is, the real honest money investors will go elsewhere. North Africa, Persian Gulf, Russia will be the beneficiaries

❤😊THANK YOU FOR SHARING.

Emirati greed will be their downfall

awaiting the news on when the other gulf countries will follow suit and implement a similar policy, appreciate your view Loy. cheers !

I don’t think it will come because when Oman said they are getting income tax uae said no we will not bring it

Good to Tax to all.

Loy, you videos are equal to a newscast. I love them. They have a "feel good" factor.
Now to this topic. Personal Income tax of 10% is nothing. But i hope that the personal income tax will apply to people earning above a certain amount. It wouldn't be fair to tax those construction labourers earning AED2500 per month. All that being said, in South Africa i pay 45% personal income tax. also if you earn below ZAR350 000 here, you don't pay income tax

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Tax is Haram in their holy book

Let’s be realistic & honest it’s much better to pay 5% or 7% tax rather paying huge tax back home if you are based in your home country

Actually a very good move considering the fact that india was planning to tax NRI income who don't have to pay taxes in such non taxed countries!

It will start here and then it will grow. Expats will leave because in your own country, you’re benefitting your own people, not adding to local wealth.

2nd point- they get extra money from expats through electricity, phone -there is different plans for locals and expats.
Yes, I knew gambling was happening and it will grow- the new Monte Carlo

It's the coco cola policy , first make the public get used to no tax and get people attracted from all over the world , keep quiet till the business get established ! And then squeeze them for taxes and fines !

You can get away without paying your taxes in India , but not in UAE and Saudi ! Here you like fish out of water !

Oye Joker come to the point....how much will be taxable and from which salary brackets?

Will citizenship will start like the west ?

Oman will be rolling outt personal income tax, sometime next year

We don't mind to pay 10% coz they use it for development unlike India We pay taxes for nothing. Cheers Buddy

Dubai mall parking is charged after 4 hours. Who will stay in the mall for more than 4 hours

The whole world is going in One Direction so it's just the same thing everywhere, go to just with this situation

In Saudi Arabia 20% of Net Profit Adjusted as Tax since some time now + 2.5% Zakat for corporates. Expats pay Family Dependent Tax of 4800 per person annually, 15% Vat on everything and customs are variable between 5% -15% on goods being imported - population influx currently have with rental increase specially in Riyadh between 10-14% already estimated to increase further. Comparing to UAE personal Standard of living is much higher with the new developments if one chooses to.

Hey, they can not make it 11 pc anyways, no more than jaziya.

Tax or no tax. I am more worried about what might happen when oil loses its shine , 5 to 10 years down the road with technology moving at the pace of Usain bolt .

Imagine paying taxes to live in a desert hellhole with no rights

Sir you have already predicted this 2-3 years ago.
I have seen videos on rising toll tax

How will governments survive without taxes... We enjoyed decades of tax free life... Now it's time to pay back

the rule of tax is...Tax = equall rights. so if UAE wants to tax people then give them equal rights as the local. tax without equall rights is real slavery.

so no citizenship, no rights, but TAX?? makes no sense.

Unbelievable knowledge sharing, hats off to u sir
I am Dr and I am suffering to survive

Sir, can you make a video on how students can choose the best career for themselves

I spoke to a few people in the UAE all of who said they would get the hell out of that third-world shithole IF it was easy to migrate here to the EU or the UK/USA.

Truth is NO ONE is in the UAE by choice there only there because they can't go anywhere else;who wants to live where there is no personal or intellectual freedom and a society that's hell bent to criminalise and rob you blind?

Once income tax is introduced it'll accelerate their departure faster than you can say "Jack Robinson".

@Loy the problem is not about taxes and fines. These people are heartless zero empathy to give back to expats. Allowances, PR, and things that keep the expat population steady and stable.
This is how countries in Europe progress.
These baddus only know to extract your sweat and blood and fill their own pockets

Shk Moh has fear of losing power ever since he witnessed how his father was generous and had some smart asses around him as advisers.
The person who fears losing is not strong and brave. Anyone can build a city like Dubai if there is no one to question the authority 😅😅😅 but only dumb expats who have just opened their eyes from the wombs of a sleeping land will have a jaw dropping look...esp the southies 😂

Think it will not affect the expat workers. Only salaried class with 10K+ monthly.

I won't mind taxing people with 6 figures. But taxing the middle class with 5 figures is a bad idea. The cost of living is already shooting to the rough I don't understand why we need income tax here. People are already spending thousands on restaurants, coffee shops and cinemas in the Malls. It will mostly benefit the gov from shops and businesses directly and indirectly.

It starts by sugar coating ....then it is spreads to everyone .......screw paying taxes to a country which does not give you citizenship, universal health care and education .....UAE are master deceivers

You can't even complain or protest.....recently Bangladeshis were sentenced to life in prison for protesting .......Arab countries are a big no F🍿😄🍰💰👊

There's already business tax..

They have been talking about income tax for many many years..

You can’t tax those who earns the 5000 dirhams and look at one dirham as it was 1 USD. Tax should apply to those who ears the 5000 USD in there. There are always two worlds in Dubai (Singapore, Malaysia is the same) the 1 USD people and the 1 Dirham people.