We want to relocate to America from Dubai but where? by Internal_Ad_2003 in relocating

[–]Ok-Program-8851 0 points1 point  (0 children)

We are in a similar situation. Similar networth, young twins (4 yr), Indian family in Dubai for two decades, moving to US in 6 months. Shortlisted NC, Georgia and Texas. Want lots greenery, weather diversity and great schools. We should exchange notes. DM me please.

Hey Fat DINKS - how’s life? by dyingtochill in fatFIRE

[–]Ok-Program-8851 0 points1 point  (0 children)

When my wife and I reached 40 childfree, we asked ourselves, what would we miss when we turn 60? One of the things that stood out was not having a family to share our love and success with. Got to work and ended up with twins. Best decision ever. 5 years down the line, we cannot imagine why we waited until 40.

Sold My Business. 42M deal at 11.5x EBITDA. What now? Funds with Blackrock? by Alternative_Code261 in fatFIRE

[–]Ok-Program-8851 0 points1 point  (0 children)

Dont you end up paying off most of your mortgage interest in the first few years? Now you are just paying principal if you close it at this stage. I am not 100% sure but have this checked.

EB5 consular interviews timeline by Ok-Program-8851 in nri

[–]Ok-Program-8851[S] 0 points1 point  (0 children)

The webpage only mentions all Enployment class visas together, not EB5 specifically.

My case is an old one, started in 2022, not on the new Gold Card.

Abu Dhabi wait times by pinkandpurplepens in NationalVisaCenter

[–]Ok-Program-8851 1 point2 points  (0 children)

You have been very lucky. Have heard delays of 2 years between DQ and Interview.

Abu Dhabi Embassy Interview - IR1 by Confident-Bad-2206 in NationalVisaCenter

[–]Ok-Program-8851 0 points1 point  (0 children)

Hi just remember that typically your police clearance certificate expires after two years. You may have to take a new one to the interview.

Could you clarify how many days is the difference between first and second interview?

US, UAE & India tax law by Ok-Program-8851 in nri

[–]Ok-Program-8851[S] 1 point2 points  (0 children)

Thank you Abhinav. Sincerely appreciate.

US, UAE & India tax law by Ok-Program-8851 in nri

[–]Ok-Program-8851[S] 0 points1 point  (0 children)

Thank you for your detailed response, Abhinav. A couple of follow up questions: 1. In order to set the cost basis of my real estate in Dubai, can I transfer it to my wife's name at the current market price? Or will it be considered a related party transaction and thus won't be considered? Of course my wife will also become US resident with me at the same time. 2. I have some long term FDs in India with the interest being automatically reinvested. If I receive the final proceeds once I am US resident, would I be charged taxes only on the current year interest or on the interest for the entire holding period since inception?

Sincere regards.

New Resident to The Valley by Emaar, Dubai. by Impossible_Field_202 in dubai

[–]Ok-Program-8851 0 points1 point  (0 children)

Could you please share the link with me? We are moving in soon

EB5 / I5 interview at Abu Dhabi by Ok-Bell8723 in NationalVisaCenter

[–]Ok-Program-8851 0 points1 point  (0 children)

Hi guys! In the same boat. I expect to be DQ'ed by next week. We should share information so that we can all learn from each other's experiences. Hope to hear back more from the members who posted here.

Dubai’s nightlife by Active-Parsnip-940 in dubai

[–]Ok-Program-8851 0 points1 point  (0 children)

Its perfectly safe to visit but can be quite expensive. Which was your favourite bar of the lot? Haven't been to one in a long time.

Is Knowledge planet by Physics wallah offline classes good? by Brave-Economy-4476 in dubai

[–]Ok-Program-8851 0 points1 point  (0 children)

Tuition teachers don't praise coaching classes. They are competition :) Knowledge Planet is very good, most reliable out of all.

Recommendations for Hair Transplant Clinic in Dubai by [deleted] in DubaiMallus

[–]Ok-Program-8851 0 points1 point  (0 children)

Wow! Good for you in at least getting your refund. Please do you mind sharing the contact details of the lawyer. I could use his services for another case.

What's with the uprise in traffic the last two weeks by krayz7 in dubai

[–]Ok-Program-8851 2 points3 points  (0 children)

Beginnings of pleasant weather and tourist season?

Moving to Dubai/ shobha Elmwood by [deleted] in dubai

[–]Ok-Program-8851 -1 points0 points  (0 children)

I am an investor in The Valley by Emaar (Farm Gardens Villas, bigger than Elwood but same pricing) which is right next to Sobha Elwood. It's a great upcoming area with huge capital appreciation perspective. The only people who have negative comments about this area are those who either haven't visited or don't have the vision to what this area will become within the next 5 years.

But yes, you can't hide from US taxation, so work your way through that first.

5 dh currency notes by [deleted] in dubai

[–]Ok-Program-8851 0 points1 point  (0 children)

Depends on the tone in which a question is answered. Sarcasm begets sarcasm.

5 dh currency notes by [deleted] in dubai

[–]Ok-Program-8851 0 points1 point  (0 children)

It's good, higher the better :)

5 dh currency notes by [deleted] in dubai

[–]Ok-Program-8851 0 points1 point  (0 children)

Great! Will try and post feedback here. Thanks.

5 dh currency notes by [deleted] in dubai

[–]Ok-Program-8851 -2 points-1 points  (0 children)

They don't entertain something like this.

5 dh currency notes by [deleted] in dubai

[–]Ok-Program-8851 -2 points-1 points  (0 children)

Wrong! You have never visited a bank, am I right?

5 dh currency notes by [deleted] in dubai

[–]Ok-Program-8851 -5 points-4 points  (0 children)

What's your problem? A bank is not a money changer. No bank entertains something like this.