Buying real estate for crypto: Russia vs Dubai

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Good for the government - everything is transparent. It's safe for the client. But there is a digital bank trail and at any moment you can be asked: "Where did you get 70 million, and did you pay taxes on it?". Some people find such prospects disconcerting. In Dubai, however, there are no taxes on income, profits or dividends, so money flows within the country are treated more easily.

Your new apartment can be paid for by the developer instead of you by any Dubai company, for example. How a transaction for crypto in Dubai goes: we choose an apartment or villa and book it. The developer prepares a contract and issues an invoice for payment - an invoice. And then at the stage of payment our crypto partner is connected.

We work in Dubai with trusted guys who we know personally from working in Moscow. They have offices in Dubai, London and many Russian cities. Offices are necessary for shy clients who are worried about what if something goes wrong, but usually in this case we act as a guarantor of the deal.

Almost all developers have their own recommended agents, but we have tried one deal with them and we don't want them anymore - usually they are spoiled and lazy Indians. The client transfers the payment from his cryptocurrency wallet to the partner's wallet, and the partner immediately sends the payment from his bank account to the developer and discounts the payment.

That's it. The deal's done. The apartment is yours. The service of the agent on payment costs 2-5% and depends on the amount and frequency of payments. At us during one transaction at a client bitcoin increased by 5%, covering all the costs of the transaction. Prices now in Dubai for adequate objects start from $250-300k, a villa can be bought from $2-2,5m.

But it is not necessary to have all this money at the time of purchase, because Dubai - the city of peyment-plans or in our way interest-free installments. The developer gives the opportunity to pay for the purchase of 2-3-4 years - payments once a month or once a quarter. The first payment is usually 15-25% of the cost of the object, rarely when 50% - depends on the popularity of the project. To, for example, to buy a townhouse with a swimming pool for 1.5 million dollars need to have on the account of $300k - 23 million rubles.

If you buy a property from $300k you can get a Dubai resident visa, which will allow you to open personal bank accounts, rent your property tax-free, get a local license, well, and stay in the country any time. Ah, yes, you can pass through a special corridor at the airport upon arrival without passport control. Who has made money on crypto and wants a little grounding in Dubai, write to us. We work with love and without commission.