The Dubai Connect®

Americans Are Buying Dubai Real Estate, But Most Don't Know This Tax Rule

April 2026 · Season 7 · Tax & Finance

S7EP04 The United States is one of only 2 countries in the world that tax their citizens on worldwide income. That means if you own property in Dubai, the IRS still wants its cut. But how much? And is there any legal way to reduce it? In this episode, GG Benitez sits down with cross-border tax expert Aamir Jewani to break down exactly what U.S. citizens owe on Dubai rental income, capital gains, and short-term rentals and the depreciation strategy that could legally lower your tax bill. Timestamp: