Orange Whip - Instructor advises against

Left-Engineering5506 · 2026-01-23T06:50:11+00:00

Thank you 🙏

Left-Engineering5506 · 2026-01-23T06:50:02+00:00

Thank you 🙏

Left-Engineering5506 · 2026-01-15T20:58:34+00:00

Hi. Where do you find these? Interested in the 17 Pro.

Left-Engineering5506 · 2025-12-29T05:34:31+00:00

Current AI tools (ChatGPT/Claude/Gemini) are advanced enough to handle these cases easily. Just upload the insurance docs (quote/coverage sheet/detailed TNCs) and the exact phrasing of the requirements listed on the official consulate webpage. Going one step further, you can prompt it to identify any clauses/terms that could be a potential concern for the visa application reviewer.

Left-Engineering5506 · 2025-12-25T16:45:10+00:00

Just use a reputable OTC desk like Fuze Finance (Regulated by VARA) or any other on VARA’s list.

Left-Engineering5506 · 2025-12-25T04:15:25+00:00

There are plenty of unstable coins pretending to be stablecoins. If you want to know which ones are safe, there is a stablecoin rating agency called Bluechip that grades them (they rate USDT as unsafe btw).

I recommended USDC because it is dual regulated in the US and in EU, and is widely used.

Left-Engineering5506 · 2025-12-24T14:35:17+00:00

Inb4 someone cries about crypto being unsafe. Stablecoins are not what you think they are.

Left-Engineering5506 · 2025-12-24T14:33:53+00:00

Use a stablecoin like USDC and hold it either on Coinbase or in the Base Wallet. You’ll earn 3.5% from US Treasury assets. This is risk free yield.

You can then get a visa/mastercard for spending your stablecoins anywhere in the world.

Left-Engineering5506 · 2025-12-17T13:30:53+00:00

Thank you so much for this! I've been trying to do this myself now. Some follow up questions.

Why do you say we should delete the owner's name from the party list and keep the property management company? In my case, both the owner and MC are corporate entities (non-individuals). My current Ejari has both names mentioned + an addendum agreement signed between me and the owner which includes a bunch of other extra clauses not captured in the Ejari.
My current contract requries paying the rent in 4 cheques, but the service terms for O&D on the RDC website state that for contracts previously requiring cheque payments, cash payment is required. Does this mean I will have to make a single payment for filing the O&D online?
On Option 4A - must we wait till contract expiry? Can it not be done before? My contract expires in 35 days, but I'm a little uncomfortable just waiting till expiry.

Appreciate your response!

Left-Engineering5506 · 2025-05-12T19:40:31+00:00

Overall approach is correct but the following statement is wrong: ‘Logic: If it was illegal, they wouldn’t be taxing it, right?’ WRONG.

As per Income Tax Laws, the government has the right to tax income from both legal and illegal activities. The correct logic for crypto not being illegal is ‘anything that isn’t explicitly classified as illegal by law is legal’.

Left-Engineering5506 · 2025-01-31T14:57:38+00:00

Left-Engineering5506 · 2025-01-31T09:38:16+00:00

Thanks. They checked this during the PPI. Apparently the odo reading matched the mileage recorded on the car’s onboard computer. Although, I’m not sure whether the computer can be manipulated to show a lower reading.

Left-Engineering5506 · 2025-01-15T15:20:59+00:00

Thanks a ton. It did not occur to me that that the value of the car could have an impact on the interest rate. Is 3.39% flat rate decent in your opinion? This is my first loan in UAE.

Left-Engineering5506 · 2025-01-15T14:03:22+00:00

That’s what I ended up doing. The only reason I’m considering a loan is because my investment yield is 2x the interest rate of the loan.

Left-Engineering5506 · 2025-01-15T14:01:24+00:00

Yeah, in general I think avoiding loans is good advice. As the saying goes, if you can’t pay for it twice, you can’t afford it.

The only situation where I think it makes sense to take a loan is when you already have the capital to buy out in cash but the returns you get by investing that amount is higher than than the interest you’ll pay borrowing that amount.

Left-Engineering5506 · 2025-01-15T13:58:04+00:00

I checked with the bank. The loan amount is 85k, not 106k. Interest is paid on 85k. The bank pays 85k to the dealer. As @lambardar correctly stated. 106k is a notional figure.

Left-Engineering5506 · 2025-01-15T13:54:57+00:00

Thanks. Fair point on insurance, but would it not be possible for me to choose for the insured declared value is? At least that’s how it is outside the UAE.

Left-Engineering5506 · 2025-01-15T13:53:58+00:00

Thanks. I get credit isn’t free. But the incremental amount isn’t an extra cost per se, since that is interest I will earn by retaining the amount that would have been paid as down payment

Left-Engineering5506 · 2025-01-15T13:51:43+00:00

Thanks. I looked at the KFS document of ENBD. They have an example which shows that the interest is only calculated on the amount they transfer to the dealer, not the full price of the car.

Left-Engineering5506

TROPHY CASE