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New overseas property buyers in Dubai hit a snag opening bank accounts

Overseas investors wanting to buy property in Dubai through ‘offshore’ companies are suddenly facing a problem. “Banks are not too keen to open bank accounts under these newly set up offshore companies,” said Kundan Choudhary, CEO of Stones International Group, a business and real estate consultancy. “Or the process of…

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Click here to read the full story: Gulf News

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