An Affidavit of Financial Means is a crucial legal document in the United Arab Emirates used to provide a sworn statement of an individual's financial position. This document is commonly required in various situations including court proceedings, visa applications, financial disputes, and personal status matters. The affidavit must be prepared in accordance with UAE Federal Law No. 11 of 1992 (Civil Procedure Law) and related regulations, requiring careful documentation of all assets, liabilities, income sources, and financial obligations. The document must be authenticated by authorized UAE authorities, typically a Notary Public, and may need additional attestation depending on its intended use. An Affidavit of Financial Means is particularly important in the UAE's legal system where accurate financial disclosure is essential for various legal and administrative procedures.
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1. Declarant Information: Full legal name, Emirates ID number, passport details, and current residential address of the person making the affidavit
2. Purpose Declaration: Statement explaining the purpose for which the affidavit is being made
3. Employment Information: Current employment status, employer details, position, and length of employment
4. Income Declaration: Detailed breakdown of all sources of regular income including salary, bonuses, and other compensation
5. Asset Declaration: List of all significant assets owned, including real estate, vehicles, investments, and bank accounts
6. Liability Declaration: List of all current debts and financial obligations
7. Monthly Expenses: Breakdown of regular monthly expenses and financial commitments
8. Verification Statement: Declaration of truth and accuracy of the information provided
9. Notarization Block: Space for official notarization and authentication as required by UAE law
1. Business Interests: Section detailing any ownership in businesses or commercial ventures, used when the declarant has business interests
2. Dependent Information: Details of financial dependents and associated obligations, included when the declarant has dependents
3. Future Income Prospects: Declaration of expected future income changes or potential sources, used when relevant to the purpose of the affidavit
4. Foreign Assets: Declaration of assets held outside the UAE, included when the declarant has international holdings
5. Trust Beneficiary Status: Information about any trusts where the declarant is a beneficiary, used when applicable
6. Cryptocurrency Holdings: Declaration of cryptocurrency and digital assets, included when the declarant holds such assets
1. Schedule A - Income Detail: Detailed breakdown of all income sources with supporting documentation
2. Schedule B - Asset Inventory: Detailed list of assets with current market values and supporting documentation
3. Schedule C - Bank Statements: Last 6-12 months of bank statements from all accounts
4. Schedule D - Property Valuations: Professional valuations of real estate and significant assets
5. Schedule E - Investment Portfolio: Detailed breakdown of investment holdings and their current values
6. Appendix 1 - Supporting Documents: Copies of relevant documents such as salary certificates, property deeds, and investment statements
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