According to one 2107
survey conducted by the DIFC Wills & Probate Registry, about 60 percent of
expats don’t see the UAE as a place where they want to spend the rest of their
lives. However, almost the same number of people say that they intend to live
in this country for a long period of time. That’s why it is not surprising to
see the number of expat wills Dubai created
is steadily increasing.
Of all the expats
living in the UAE, there are about 2.8 million of them who are Indians. Indians
became the largest non-Muslim single national group with the highest number of
wills in place. Indians have replaced British nationals in this category.
Expats in the UAE have
become an active contributor to its thriving economy. As a result, many expats
have accumulated assets and wealth in the UAE. There are about 8 million expats
in the UAE and most of them would like to have a complete control of their
properties even after their demise.
So, why is there an
increasing number of expats who draw up wills in the UAE? There are a few
reasons. For one, with more expats living and working in the UAE, the more
people are now trying to get a will set up before their death.
Another reason is how
the law in the UAE handle properties of its residents. By default, if you don’t
have a will in place, UAE’s Law of Inheritance would take over. This means you
or your family will not have a direct control of your property when you die.
Depending on your country’s law, your religion, where you die, and other
factors, the process of transferring property ownership and finding the right attorney
in Dubai can easily become complicated.
A Will is a legal document...
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