soam bhai ,I have spent lot of time learning binary trading and in another month or 2 i will make my 1st 1 crore so i am from india and i have no plans to shift to dubai or any other country,so will that amount be considered as illegal or if i pay tax on it by showing that income as income from other sources ,then therer will be no problem ,please clarify
Sir, I was in Dubai more then a 15 years working like a donkey and earning hard money and running family, but I am in India now and living my life like a king.... I love my India.
I have also shifted to Dubai, Crypto is not allowed by banks here. Banks in Dubai still don't like crypto, but yes apart from banks crypto is accepted in the economy
@@revanthshahukaru7883 Pallapay is not a bank. it's just an exchanger where you can exchange your crypto with AED or vice versa. Banks are clearly saying not to deal in crypto. that's the fact, I have accounts in 2 biggest banks in dubai i.e First Abu Dhabi Bank and Emirates NBD Bank. May be in 1-2 years system will be in place for banks to deal with crypto transaction
@@revanthshahukaru7883 palapay gives you cash because i have been there 2-3 times, but i will confirm again from them whether ther transfer to bank or not
Great information except one thing. You are comparing tier 2 or tier 3 cities with Dubai. A fair comparison would be between mumbai and Dubai, where the rent and electricity is very very expensive for a 2 bhk with ac the bill comes 14-15k in mumbai and the rent for a 750 sqft 2 bhk is 80000 inr
Dubai is expensive but., it lead a luxury life., instant of loathing Indian tax 30%+4%.. If I earn 1cr in India., I have to pay 35Lkh as tax., on that matter in dubai if spend 2Lkh per month, it will be around 24lkh, it's saved nearly 10lkh and lead life as Luxurious.... Think about it...
Sir it’s good to see that u r giving good knowledge to people about Dubai ..everything u said is good sir but one line 17:27 u said it’s hurt that u r not living in India so u don’t care about India .. Never forget the country from where u belong no matter where u r living now nd how much u r earning .. God bless u 😇 I wish u more success
Wring info. FPIs do not have to pay any tax in Bharath if the profit is coming from derivatives. if the profit is from cash market, then, FPIs are still taxed in India.
@@Vtube123If you talking about policy then If you don't pay tax in India how the government will run country of this much huge population Dubai has oil reserves and less population so no taxes
Soam bahi, me abhi USA me hu, I'm in fintech domain. Me Dubai gya last November me, it was still very hot, me wha nhi reh skta Mera goal hai US stocks me algo trade krna from Dubai to save tax, but wha reh nhi skta, so can I run a company/firm in Dubai which trade in US stock and I live in any country?
@@spgangamohan you can get freelance visa in Dubai for cheaper price and get UAE residence. Once you get residence you can open bank account and start trading.
@@SoorajO kya hum nri rehke jaise 6-7 month dubai mein aur baki ke india mein aaise kare to jo FnO mein taxes hai woh 0% ho jayenge koi bhi country mein 6 mon se jyada rahe to NRI ho jayenge to bro aaisa kar sakhte hai ? aur bro iss videeo mein jo bataya hai living expense jyada hai india ke tax se woh sach hai kya ? aap konse market mein trade karte ho ?
@@jayneel3137 well, Dubai is very expensive in my opinion. People believe it's tax free and they can save alot of money 💰 but the same way the life and life style is very expensive. For INR 30,000 you can easily live India with WiFi and a small room but Dubai you need at least 60,000 INR to 90,000 INR for room , WiFi , water and electricity.
Nice Info Soam bhai.. having said i heard there is a double taxation treaty signed between India and UAE and if NRI shows a Tax residency certificate of Dubai to Income Tax dept in India then there is no need to pay taxes in India for traders who trade in derivaties (F&O) in Indian Stock Market.... Can you please clarify the same???? Many Thanks..
Double Taxation only works if you are being taxed in 1 region and even then its only applicable if the taxes are higher than the Indian taxes. If you are paying 0 tax. Double Taxation doesn't come into effect. Don't listen to retarded people on youtube if u actually need advice.
i suggest make life simple. What you are asking is Income tax complicated question making the subject complex. Income accrued in India in taxable irrespective of place of taxpayer. Indian Income tax dept do not accept TRC of gulf countries and exempt you from taxation and so far derivation income, i dont think there is any scope for exemption.
जब आप दुबई में रह के dow के options trade करते हैं तो क्या usa में भी tax liability बनती है ? please guide जैसा आपने बताया कि दुबई से nifty की कमाई का tax इंडिया में पे करना पड़ेगा
Agar ek 1 cr rupee india main kamayenge toh 40 lakh ke karib tax barna parga income tax GST sab kuch mila kr aur agar dubai main 1 cr kamayenge toh kitna kharcha hoga mushkil se dubai main 15-20 lakh
Bhai aap ek video bnao ke jab koe trader India sa Dubai jata hai toh osa forex, binary aur crypto trading k leya Bank account opening sa Laker kes broker main account open karna hai, full video bnao please g
Bhai apki video bahot acha hai, apki video sa pahle mane kafi video dekha but mujha kuch right information nhi mila, apki es video sa mujha clearly information mil gaya hai
Standard of living in Mumbai is horrible. No rules on roads max time goes in traffic, no proper roads, medical cost is high.tax are high and no quality of life.
soam bhai ,I have spent lot of time learning binary trading and in another month or 2 i will make my 1st 1 crore so i am from india and i have no plans to shift to dubai or any other country,so will that amount be considered as illegal or if i pay tax on it by showing that income as income from other sources ,then therer will be no problem ,please clarify
Pr Bhai suppose humne apni trading company Dubai registered kr do or hum rehata India he hai to. Or Dubai se apna Paisa India le aao max 10% cost lagagi
Dubai is very very expensive for a average trader or a trader who is making 2to 3lakh per month he is like a begger in dubai but in india he is a king.
If I have emirates id under any uae company then can I open account in crypto exchanges and do trading or I must need to open crypto trading company please answer me?
Bro, if we get golden visa (4 months) to bank crypto gains and then move to cheap places like Thailand or Vietnam for rest of the year and then file the tax as NRI. It should work right?
i love my country no matter how much politics bad roads high taxations but nothing like it anywhere home is home and its meant to stay not leave it thats my perception being a trader
📈 If you are looking to move to Dubai or settle in Dubai, get a consulting slot here soam.link
damn those prices are lit soam sir🥵🥵
Do u can't withdraw your profit directly to your Dubai account
Please make a new video how a student can settle in Dubai , what about vizza
soam bhai ,I have spent lot of time learning binary trading and in another month or 2 i will make my 1st 1 crore so i am from india and i have no plans to shift to dubai or any other country,so will that amount be considered as illegal or if i pay tax on it by showing that income as income from other sources ,then therer will be no problem ,please clarify
bhak
Sir, I was in Dubai more then a 15 years working like a donkey and earning hard money and running family, but I am in India now and living my life like a king.... I love my India.
What you
do in dubai?
@@shashanksoni2024donkey labour
India doesn't have any opportunity
Bro it's just coz u don't the ability to make as much money in Dubai to afford that lifestyle in Dubai and moreover India has not much opportunities
Dubai is not for Middle class people
India is best for for middle class
13:36 Main topic starts from here
Hi bro
Thanks buddy
Thanks you saved my time
Thank you🙏🏻
kitna bak bak krta hai ye
I have also shifted to Dubai, Crypto is not allowed by banks here. Banks in Dubai still don't like crypto, but yes apart from banks crypto is accepted in the economy
What about Pallapay in Dubai?
@@revanthshahukaru7883 Pallapay is not a bank. it's just an exchanger where you can exchange your crypto with AED or vice versa. Banks are clearly saying not to deal in crypto. that's the fact, I have accounts in 2 biggest banks in dubai i.e First Abu Dhabi Bank and Emirates NBD Bank. May be in 1-2 years system will be in place for banks to deal with crypto transaction
@@getabhi211 Right. But Doesn’t Pallapay transfer the AED to your Bank Acct.?
Is that going to be an issue?
@@revanthshahukaru7883 palapay gives you cash because i have been there 2-3 times, but i will confirm again from them whether ther transfer to bank or not
@@getabhi211 Sure. Thank you.
18:16 India mai risk aapka hai profit aapka nai hai😂 reality is true 😂🎉
One of the best video I have found so far for traders out there planning to move to Dubai. Thanks for the detailed video.
Gurgaon with 3 room apartments' in peak summer you get Electricity bill around 15000/ 20000( 2 months ) and water bill monthly 300 /400
True and rental price is also too high
In dubai summer is whole year 😂😂😂
Soam bhai spitting Real truths of Indian Government
best hai, india me hi rehene me bhalai hai
@@senorperez not for forex and us market lovers
@@ancestor1041 bhai agar aap real trader honge na to ap banknifty se hi kama loge ye forex ke chakkar me padne ki koi jarurat nahi he
@@ancestor1041 aur forex se to jadahi profit nikalta he indian market me bas knowledge chahiye
Crypto currency me bhaut terror activities in India that's why
Great information except one thing. You are comparing tier 2 or tier 3 cities with Dubai. A fair comparison would be between mumbai and Dubai, where the rent and electricity is very very expensive for a 2 bhk with ac the bill comes 14-15k in mumbai and the rent for a 750 sqft 2 bhk is 80000 inr
Totally agree 👍
Dubai is expensive but., it lead a luxury life., instant of loathing Indian tax 30%+4%.. If I earn 1cr in India., I have to pay 35Lkh as tax., on that matter in dubai if spend 2Lkh per month, it will be around 24lkh, it's saved nearly 10lkh and lead life as Luxurious.... Think about it...
One of the biggest reasons to move to Dubai is quality of life and safety.
Exactly no doubt sir❤
When you have money
beta punishment usse bhi bara hota hai
Yes ❤
@@No.1trader-jn6cs chumtiya hai kya
Crime kiya to punishment bhi milega
Bhai gajab tumse achha koi nhi samjha sakta 100% real right video for moving India to dubai.
Indians should be grateful toAmbani for Jio
Thank u somuch for sharing with us the DETAILS❤🙏
Good information
Mentor,🙏🏻
Sir it’s good to see that u r giving good knowledge to people about Dubai ..everything u said is good sir but one line 17:27 u said it’s hurt that u r not living in India so u don’t care about India .. Never forget the country from where u belong no matter where u r living now nd how much u r earning .. God bless u 😇 I wish u more success
Wring info. FPIs do not have to pay any tax in Bharath if the profit is coming from derivatives. if the profit is from cash market, then, FPIs are still taxed in India.
1 no video brother thanks for the info
Still I will live in India die in India and again reborn in India sare jahan sai acha hindustan hamara ❤
Main bhi yehi bolta agar mera bank balance bhi ₹576 hota ☺️
@@UneasyArpit 😂😂
Abe vo policy ko bol ra h , country ko ni
@@UneasyArpit Mera pnl mai tera pura khandan jayega 😂
@@Vtube123If you talking about policy then If you don't pay tax in India how the government will run country of this much huge population Dubai has oil reserves and less population so no taxes
Soam bahi, me abhi USA me hu, I'm in fintech domain.
Me Dubai gya last November me, it was still very hot, me wha nhi reh skta
Mera goal hai US stocks me algo trade krna from Dubai to save tax, but wha reh nhi skta, so can I run a company/firm in Dubai which trade in US stock and I live in any country?
Kuch pata chala ? Aur taxation ke bare me ? Main bhi US market me options trading karna chahta hun
I watched this video randomly and he's absolutely right because I'm also living in Dubai. I'm a trader too . Dubai is really expensive.
Hello sooraj ji ,
Is it necessary
Leave Indian citizenship for trading or residence in Dubai,
Please clarify,
thankyou
@@spgangamohan you can get freelance visa in Dubai for cheaper price and get UAE residence. Once you get residence you can open bank account and start trading.
@@SoorajO thankyou so much sir ji
@@SoorajO kya hum nri rehke jaise 6-7 month dubai mein aur baki ke india mein aaise kare to jo FnO mein taxes hai woh 0% ho jayenge koi bhi country mein 6 mon se jyada rahe to NRI ho jayenge to bro aaisa kar sakhte hai ?
aur bro iss videeo mein jo bataya hai living expense jyada hai india ke tax se woh sach hai kya ?
aap konse market mein trade karte ho ?
@@jayneel3137 well, Dubai is very expensive in my opinion. People believe it's tax free and they can save alot of money 💰 but the same way the life and life style is very expensive. For INR 30,000 you can easily live India with WiFi and a small room but Dubai you need at least 60,000 INR to 90,000 INR for room , WiFi , water and electricity.
but If you form a company registered in dubai and you are NRI to inida... trading in india then you are tax free....
Thank you sir ji ❤
Bhai mere gharpe mini electricity bill hai 5-6k normally summers me its 15-18k. 2-4k vala zamana kab tha???
If you are earning 200cr in India individually then Dubai is for you.
5 lakhs is initial
I don't care how expensive is it.I only care Opportunities which Dubai provide.
If price of internet charges in Dubai is so high (15k-20k) then why not u setup the same business (isp) in Dubai which u already hav in Odisha ?
Bhai ka youtube income unke barabar hai
Nice Info Soam bhai.. having said i heard there is a double taxation treaty signed between India and UAE and if NRI shows a Tax residency certificate of Dubai to Income Tax dept in India then there is no need to pay taxes in India for traders who trade in derivaties (F&O) in Indian Stock Market....
Can you please clarify the same????
Many Thanks..
Yes
yes
What is TRC ??? tax paid for the house in dubai or something else??
Double Taxation only works if you are being taxed in 1 region and even then its only applicable if the taxes are higher than the Indian taxes. If you are paying 0 tax. Double Taxation doesn't come into effect.
Don't listen to retarded people on youtube if u actually need advice.
i suggest make life simple. What you are asking is Income tax complicated question making the subject complex. Income accrued in India in taxable irrespective of place of taxpayer. Indian Income tax dept do not accept TRC of gulf countries and exempt you from taxation and so far derivation income, i dont think there is any scope for exemption.
Excellent video sir. 🙏🙏🙏
Mast jankari di bhai
Lovely information, thanks for you're effort to make this video
Dusra youtuber ka video pe aapka comment dekh ke ye video dhundke dekha… thank you so much for such a frank information..❤
Thank you for your honesty ........💖
Soam bhai you are very much inspiring personality.
Thank u❤ much needed info ✌️
Clear information
Why only dubai if there are alot of countries also Provide same benefits?
Take one FLIGHT to india then go to BALI and Other places!! you ll save more than 50% in flights by giving some more time !
Can I use Dubai's bank account to buy and withdrawal from prop firm?
the best part 18:52 Soam bhai Op 👍😂
thanks me later
जब आप दुबई में रह के dow के options trade करते हैं तो क्या usa में भी tax liability बनती है ?
please guide
जैसा आपने बताया कि दुबई से nifty की कमाई का tax इंडिया में पे करना पड़ेगा
Agar ek 1 cr rupee india main kamayenge toh 40 lakh ke karib tax barna parga income tax GST sab kuch mila kr aur agar dubai main 1 cr kamayenge toh kitna kharcha hoga mushkil se dubai main 15-20 lakh
Soam Sir great information...GOD BLESS U n UR FAMILY 💚love from chungkrang
Dubai chhod ke aur kaunsa country he jahan forex trading me tax nhi lagega
Sir binary trader kaise move kar sakta hai uspe Full video banao 🙏❤️😀
You are a genuine guy man! Love you!!
Feel like u in dubai for crypto or forex trading ?
Bhai aap ek video bnao ke jab koe trader India sa Dubai jata hai toh osa forex, binary aur crypto trading k leya Bank account opening sa Laker kes broker main account open karna hai, full video bnao please g
Soam bhai Dubai visit karne wala hu aapse milna hai consultation Leni hai ... Uske liye kya process hai please help ❤❤
Us options me kar sakte he kya dubai account se please reply and what is tax usme video banoo
Could you please upload a video about how to move to Dubai as trader
A very very informative video soam sir thanks now mind clear a very clear ❤❤❤ Love n respect from india 🇮🇳 Gujarat
Great information
How to trade in forex without come in Dubai?
Yes baat sahi h bhaii india k joo bade business man h woo chate hi ye hi ki gaarib logh gaarib hi rahe
Ajj hi maine more than 50 video dhekha even aap kabhi flat and society ka video dhekha and finally i satisfied to this vedio
Bhai apki video bahot acha hai, apki video sa pahle mane kafi video dekha but mujha kuch right information nhi mila, apki es video sa mujha clearly information mil gaya hai
Thank you for clarifying on a few important myths
Standard of living in Mumbai is horrible. No rules on roads max time goes in traffic, no proper roads, medical cost is high.tax are high and no quality of life.
Very good knowledge ❤❤
17:18 line is heart touch❤
Sahi kaha bhai Akdam
Sahi bole dada
In Bangalore water bill is about Rs.350 to 400/-
Hi Soam bhai....Which crypto and forex trading platform do you use? My friend in Dubai wants to start trading. He is an NRI....
Wsey janab uae ka population kya hai🤔🤔..ind k kitna %hoga?..wsey Arab mai war suru hojye toh aap kaha jaogey ind or usa🤔..
Well explained Soam bhaaay ❤❤
Hi sir jinka Indian demat account hai wo UAE KA bank account add kr skte hai kya UAE ME❤❤❤❤❤❤❤
VIPS WALLET ceo shifted to dubai he has 10 lakhs investors
Soam Bhai tell us about your all passive income sources.
How you started....
He have already discussed about this
soam bhai ,I have spent lot of time learning binary trading and in another month or 2 i will make my 1st 1 crore so i am from india and i have no plans to shift to dubai or any other country,so will that amount be considered as illegal or if i pay tax on it by showing that income as income from other sources ,then therer will be no problem ,please clarify
its legal as long as you pay tax
Bhai kis app me binary trading karte ho??
Which app do you use for Binary trading?
No issue
Minister ka jab bharna chahiye shif drop shipping same hai tax
Rightly said tht Indian government doesn't want us to make huge money n spend like anything.
Government ko chalane wale logo ka hi fayda hai bs.
i would like to know if in a trader in kuwait and want to settle in dubai how can i like change all my crypto information of kuwait to dubai?
Me also planning to move Dubai in future
Sir i live in ajman and a trader also. Would wish to meet you some day.✨💫
Pr Bhai suppose humne apni trading company Dubai registered kr do or hum rehata India he hai to.
Or
Dubai se apna Paisa India le aao max 10% cost lagagi
am from nepal and how can i pay for consulting slot?
jay jaganath bhai...
Dubai is very very expensive for a average trader or a trader who is making 2to 3lakh per month he is like a begger in dubai but in india he is a king.
Sir I phone ka price kya difference hai India or UAE ME ❤
If I have emirates id under any uae company then can I open account in crypto exchanges and do trading or I must need to open crypto trading company please answer me?
Soam bhai 👍 tuma video dekhi mora doubt clear heigala Dubai bisayare
Thanks for making this type of video 👍
Bro, if we get golden visa (4 months) to bank crypto gains and then move to cheap places like Thailand or Vietnam for rest of the year and then file the tax as NRI. It should work right?
yea
Really insightful 💯💯
Best video soam bhai 😘😘
sir dubai me ek normal life spend krne ke liye normal kitne pese lag sakte h
Aap kaun sa demat acc. Use kr rahe ho indian ya nri??
Sahi ha sir but sir process kya hota ha move karne ka laye ?
Hi how can open overseas people in Dubai bank account?
Soam bhai ka fan ho gaya mai toh.
i love my country no matter how much politics bad roads high taxations but nothing like it anywhere home is home and its meant to stay not leave it thats my perception being a trader
Colour Trading wale kaha shift ho rahe hai ?
If we trade US options from Dubai, do we need to pay income tax in USA or no income tax on earnings from US markets? Please confirm. Thanks
You need to trade Dubai Regulated and licensed brokers only otherwise it's illegal
Yesterday I saw the previous video of yours in this topic and both are fabulous 😍❤️
Just watched the video,
I like it that you r showing both sides of the coin, and helps in making a decision to people who want to shift to UAE
Two legends in market Soam bhai and tapas bhai ❤
They are not legends.....they are just experts....... Actual Legends are Rakesh Jhun Jhun wala and Harshad Mehta.....🤟🥳
Hum bhi expert hai but itna capital nahi hai ki croce + kar sake😢
Soamjena khali algo bach raha he tapas is legend
@@anandpatel6940 apne such bola
@@anandpatel6940 sahi bola ekdum, never seen soam giving calls, but tapas is too good
That's why I'm moving 50000dollar withdrawal liya bank account freez hogya 😢😢
bro very good information, soajena zindabad,
Bhai coins witch re withdrawal kemiti heba😢
Moving funds from India to Dubai for trading even under LBS is illegal right? How do we get funds from India to Dubai for trading? My only question