Khaleej Times

Now you can register ‘online will’ in Dubai

- Staff Report — business@khaleejtim­es.com

dubai — DIFC Wills and Probate Registry on Saturday launched the Virtual Registry that allows internatio­nal investors to register and witness their will directly through new smart service.

Designed for overseas assetholde­rs, the innovative service enables eligible investors living outside of the UAE to create, register, witness and store a will for Dubai and Ras Al Khaimah assets from anywhere in the world.

From October 1, 2017 eligible investors living abroad with real estate assets or shareholdi­ngs in Free Zone companies in Dubai or Ras Al Khaimah, can create and register a will online from anywhere around the world. This

The Virtual Registry enables global investors and asset owners to register a will online Sean Hird, director, DIFC Wills and Probate Registry

first-of-its-kind service provides a simple online template for property assets and Free Zone company shares to be completed via the registry’s website.

The draft will can then be registered in real time by video conferenci­ng a Registry Officer based in Dubai. In a break with traditiona­l legal requiremen­ts, clients and witnesses no longer need to attend a registrati­on appointmen­t onsite to create a binding legal document.

Sean Hird, director, DIFC Wills and Probate Registry, said the Virtual Registry is a smart government service that for the first time enables global investors and asset owners wanting to register a will to do so from wherever they are in the world.

“In offering this new system, the Registry is supporting overseas investors in Dubai and Ras Al Khaimah,” he said.

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