Guide for Germans Moving to the UAE in 2024: Visas, Taxes, Healthcare, and More

Discover essential insights for Germans Moving to the UAE in 2024. Learn about long-term visas, tax benefits, healthcare, and living standards in this comprehensive guide.

Germans Moving to the UAE in 2024: Everything You Need to Know

Introduction: As Germany and the UAE celebrate over 50 years of diplomatic relations, more Germans than ever are considering a move to this dynamic Middle Eastern nation. With approximately 15,000 Germans already calling the UAE home, the country offers an attractive blend of opportunities, excellent living conditions, and a welcoming environment for expatriates.

Long-Term Residency Options for Germans in the UAE

UAE Golden Visa

  • 10-year residency without a sponsor
  • Renewable upon expiry
  • Family sponsorship allowed

UAE Green Visa

  • 5-year residency without sponsor
  • Renewable
  • Family sponsorship option

Tax Advantages for German Expats in the UAE

  • No personal income tax (compared to up to 45% in Germany)
  • Low corporate tax rate of 9% (versus 15.8% in Germany)
  • Increased disposable income and improved quality of life

World-Class Healthcare System in the UAE

  • Numerous private clinics, hospitals, and medical centers
  • Mandatory medical insurance in Dubai and Abu Dhabi
  • Efficient pandemic response, showcasing system robustness

High Standard of Living in Dubai for German Expatriates

  • Access to world-class amenities and high-quality goods
  • Diverse lifestyle options cater to various preferences
  • Continuous improvements in infrastructure and services

New Personal Status Law for Expatriates in the UAE

  • Federal Personal Status Law (Federal Law No. 41 of 2022) is effective from February 1st, 2023
  • Covers marriage, child custody, divorce, and inheritance
  • Promotes equality and introduces joint custody arrangements

Business Setup Support for German Entrepreneurs in the UAE

  • Assistance with business license approval
  • Immigration and labor law compliance guidance
  • Support with Economic Substance Regulation (ESR) and Ultimate Beneficial Ownership (UBO)
  • VAT and corporate tax expertise
  • Anti-Money Laundering (AML) regulation adherence

Conclusion: The country offers many opportunities and benefits for Germans moving to the UAE in 2024. From favorable long-term residency options and tax advantages to world-class healthcare and an exceptional standard of living, the UAE presents an attractive destination for German expatriates. Your relocation to the UAE can be a seamless and rewarding experience with the right support and guidance.

FAQs:

  • Do Germans need a visa to move to the UAE?

Yes, Germans need a visa to move to the UAE. Long-term options include the Golden Visa (10 years) and Green Visa (5 years), both of which don’t require a sponsor.

  • What are the tax benefits for Germans living in the UAE?

The main tax benefit is no personal income tax, compared to up to 45% in Germany. There’s also a low corporate tax rate of 9% for businesses.

  • Is healthcare in the UAE comparable to German standards?

Yes, the UAE offers world-class healthcare with numerous private clinics and hospitals. Medical insurance is mandatory in Dubai and Abu Dhabi, ensuring access to high-quality care.

  • Can German entrepreneurs easily set up businesses in the UAE?

While there are processes to follow, setting up a business in the UAE is relatively straightforward, especially with the help of business setup consultants who can guide you through licensing, compliance, and regulatory requirements.

  • What is the cost of living in Dubai compared to major German cities?

While some aspects of life in Dubai can be more expensive (e.g., housing in premium areas), the absence of personal income tax often results in a higher disposable income for many expatriates compared to living in major German cities.

By Shaffay Bajwa, August 31, 2024