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Can I Open a Bank Account in Dubai as a Non-Resident?


Question: 

I have recently started a new job in Pakistan. My employer is an American company and is currently paying me through a local agent in Pakistan that charges a certain percentage of their administrative fees. On top of that, I have to also account for income taxes which are applied as a blanket rule in Pakistan and do not allow for any valid exemptions, as done in most of the developed world.

One of my friends in Dubai advised me to open a bank account in Dubai as a non-resident, and from that account, I can do online transfer to my account in Pakistan, this would at least eliminate the local agent who is currently just a middle man. My friend stated that a lot of people have non-resident bank accounts in Dubai and it’s perfectly legal.

Can you please advise if this is something I can do and what would be the approach I should take.

Answer: 

Under normal circumstances you are free to have a bank account in UAE even if you are not a resident of UAE. We are not in a position to advise you whether or not UAE banks would approve an account opening application for a non-resident. Therefore it is advisable you check with some banks in UAE to understand what options a non-resident has to open a bank account in UAE.

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