|Publication Date:||May 24, 2017|
Dubai has recently passed a law permitting non-Muslim expatriates and foreign investors to register Wills that are not governed by the Sharia’. It is the first, and currently, the only jurisdiction in the Middle East that offers such an opportunity. Expatriates form close to 90% of the UAE’s population and foreign investors have made billions of dollar worth investments in Dubai. Nevertheless, it is disappointing that a large number of such investors is unware of the legal development and is missing out on a great opportunity!
Author: Faizal Latheef
Faizal is renowned for his expertise in corporate and commercial law. He represents and advises clients on a wide variety of matters including Foreign Investments, Joint Ventures, Mergers and Acquisitions, Corporate Restructuring, Distribution & Franchising, Anti-Corruption & Compliance, Cross-Border Transactions, Employment and Wills.