Dubai sets up virtual Will registration
DIFC Wills & Probate Registry allows international investors to register and witness their Will directly through new smart service
DIFC Wills & Probate Registry has launched a Virtual Registry for Wills, as part of Dubai's e-government innovation plan.
Starting from today, 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 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. Additionally clients and witnesses no longer need to attend a registration appointment onsite to create a binding legal document.
Sean Hird, director, DIFC Wills & Probate Registry said: "We are providing easy access to security and peace of mind, where individuals can easily create a binding and legally valid Will completely online that enables them to pass property and shares on to their chosen beneficiaries."
Hird continued: "To date we have registered more than 3,000 Wills at the Registry. The Virtual Registry is part of our broader strategy to make registering a Will accessible to more people and we continue to take significant steps towards this. We have also secured major strategic partnerships with international banks such as Citibank where global investors residing outside of the UAE can utilise easy payment arrangements to the Registry."
The registration cost of a single property Will is AED 7,500 and that of two mirror property Wills is AED 10,000. Those who register their Will using the online service will have the option to verify their identity documents through a network of over 2,500 identity verification centres worldwide operated by the Registry's partner, VFS Global.