With the worlds economy becoming more and more unstable, buying and storing precious metals offshore has gained popularity. Dubai being one of the biggest trading ports in the world, having a beneficial strategic position, tax-free benefits, combined with low storage costs, it is a “go to” location for investors world-wide.
Here are the main reasons to buy gold online in Dubai:
- Tax Benefits
- Political Insurance
- Litigation Protection
The government has very strict regulations (by the DCLM) which ensures only the highest standard and purity gold to be purchased in Dubai.
However, if you want to buy gold online in Dubai, you should only do so from a reputable gold dealer. This will save you from any unnecessary headaches in the future.
Here are some of the key factors you should consider, before buying:
- History of the company
- Safety of their storage
- Customer service
- Online Reviews
- Company policies
- Buyback policy
A company we can give our stamp of approval and fits the criteria is Regal Assets. They have been ranked #20 by INC 500 and have been featured in Forbes, Bloomberg, Market Watch, Reuters and many other publications. With over 1000 positive reviews on Trustlink , an A+ rating on BBB, AAA Rating at BCA – something very few companies EVER achieved in the precious metals industry.
When it is time to liquidate your assets, they offer a buyback policy, 7 days a week and guarantee to have the funds in you possession within 24 hours of sale.
You can request the a free gold investment kit here.
Buy gold online in Dubai – Storage
You should always go for segregated storage with low fees that don’t eat up your value of precious metals. Always make sure your metals are stored apart from others (segregated) and that you have a exclusive storage box. This way you can ensure that the metals you buy, are the same as purchased. On top of that, you can go and audit them at any given time.
On the other hand, commingled or allocated storage is where your precious metals are stored with others and only documented as yours.
If you would like to store your metals in Dubai or Singapore, get in touch with an expert.
Storing your metals in a bullion vault
This is still the best and safest way of storage for your precious metals because of the following reasons:
Insurance – Regal Assets offer you insurance for the market value by the worlds leading investment insurance company Lloyd’s of London.
Safety – The metals you purchase with Regal, are stored in one of the top 5 safest bullion vaults under the Almas Towers operated by Brinks and holding high volumes of precious metals. You can read more about the storage in the Almas Towers here.
Costs – many investors don’t know that the ETF managed metals are expensive and the cheaper and arguably safer alternative is a bullion vault.
When buying precious metals, make sure you do your due diligence and buy from a reputable company like Regal.