Crypto Cash out
As an Asian resident of Europe, I'm considering travelling to Dubai to liquidate my cryptocurrency holdings and deposit the funds into a UAE bank account. I've seen others do this, but a clear procedure is not readily apparent. While research suggests the possibility of opening a bank account as a non-resident, I'm unsure if subsequent remittance of funds back to Southeast Asia is feasible.
Could you clarify the complexities of establishing a bank account in Dubai as a non-resident? I understand a residency permit might be required, but are there any investor programmes that could expedite this process? Ideally, I'd like to hear from experienced cryptocurrency investors who have successfully navigated this process and can provide a comprehensive and straightforward guide.