DIFC offers discount on wills for Dubai retirees

DG Staff

DUBAI 8 November 2020: The Dubai International Financial Centre (DIFC) Courts has signed a cooperation agreement with the Department of Tourism and Commerce Marketing (Dubai Tourism), to support the newly launched ‘Retire in Dubai’ programme.

Under the agreement, the DIFC Courts has developed enhanced Wills registration and Probate services at exclusive discounted rates. The services will assist retirees with securing their assets in the UAE, delivering final peace of mind and safe in the knowledge that their wishes will be respected.

Omar Al Mheiri, Deputy Chief Justice, DIFC Courts, said: “With over two million expatriates residing in Dubai, the Government of Dubai and the DIFC Courts recognise the vital importance of our innovative service for non-Muslim residents and investors, which provides not only practical assistance with legacy planning, but simultaneously boosts Dubai’s attractiveness as a destination for investment and retirement.”

Launched through a partnership in 2015 between the DIFC Courts and the Government of Dubai, the Wills Service was established to enable non-Muslims who are investing and living in the UAE to pass on their assets and appoint guardians for their children in line with their wishes through a Will registration service.

Will registration via  video

As a part of the UAE Government’s commitment to effectively employ advanced technologies and digital platforms to continue services to the public during Covid-19 restrictions, in 2020 the DIFC Courts leveraged its digital infrastructure to offer videoconferencing for Will registrations.

With individuals and businesses across the UAE currently operating remotely, the new video conferencing facility can be accessed via a smartphone, tablet, or a desktop device, allowing residents and investors to register their Will remotely, from the safety and comfort of their own home. The new system now allows the Testator and two (2) Witnesses to join in on the video conferencing call from different locations. The system also allows an approved Will to be directly uploaded on the system and to affix electronic signatures.

Remote registrations add an additional layer of digital access to the current Virtual Registry for Wills, which allows those living overseas to create and register a DIFC Courts Will. Investors and residents can access it from anywhere in the world and be connected, via video link, to a compliance officer sitting in Dubai.

The DIFC Courts also provides an online automated will drafting service for the Property Will, Business Owners Will and Financial Assets Will, with comprehensive explanatory notes, should retirees wish to draft the Will independently.

CLICK FOR NEWS ABOUT CORONAVIRUS

ALSO READ:

Harmful chemicals in our children’s clothes

Nearly a third admit to opening suspicious emails

12-year-old UAE resident launches debut novel

Heart disease affecting a decade younger in Gulf



Dubai Gazette