Citizenship by investment (CBI) has emerged as a compelling avenue for individuals seeking global mobility and diversified opportunities. As its popularity surges, so do questions about its legitimacy. This article aims to demystify the legality of CBI, distinguishing between sanctioned programs and potential pitfalls. By...
Residency by investment in Canada is available via the Federal Startup Visa. The programme is open to entrepreneurs with a qualifying business idea and secured funding or support from a designated Canadian venture capital fund, angel investor group or business incubator. This up-to-date 2023 Guide...
Economic downturn, political unrest, or just the opportunity to open new doors overseas – whatever the driving reasons, more and more global citizens are choosing residency by investment. With programmes on offer across the Americas, Caribbean, Europe, Polynesia and more, there has never been more...
Malta has become a highly sought-after destination for investors, families, and businesspeople seeking residency. The country’s economic climate is well-suited to the demands of the global market, and its stable political climate, high-quality amenities, and beautiful Mediterranean location make it an ideal destination for foreign...
In the past few years, Thailand has become a popular destination for savvy high-net-worth investors and entrepreneurs. Combining a favourable business environment, a strategic location at the gateway to the region’s rapidly growing markets, a skilled workforce and a stable political environment, it frequently ranks...
Between its stable political environment, strong financial business infrastructure and diverse economy, it’s easy to see why the UK is such a popular destination for investors seeking residency in another country. Investors and their families can also benefit from the country’s famously high standards of...
Australia offers investors and business owners several options for temporary residency through its Business Innovation and Investment Program. Some of the schemes allow investors to apply for permanent residency after a set time. This article outlines the five visa pathways currently available, reviewing these topics:...
The current state of global banking The global economy is showing signs of significant instability. Exacerbated by a succession of global crises such as the Covid-19 pandemic, Russia’s invasion of Ukraine, supply chain fractures and rising inflation, the knock-on effect is being felt acutely across...
Residency in the USA is the ultimate prize for many investors, and the EB-5 Program offers a gateway to that prize – a U.S. Green card visa. This article looks in depth at the EB-5 application process, covering these topics: Origin of the EB-5 Program...
The original residency by investment ‘Golden Visa’ program in Hong Kong was suspended in 2015 when this unique part of China decided to focus on attracting talent instead of investors. However, in 2023, a new investor program was announced to help the region recover from...
Citizenship by Investment (CBI) programs are government initiatives that allow foreign individuals to obtain a country’s citizenship through a significant investment in its economy. These programs have gained popularity in recent years as they provide benefits for both the countries offering them and the participating...
Wealth protection has become increasingly fraught with uncertainty and difficulty in recent years. The prevalence of economic downturns, fluctuations in currency value, political unrest and geopolitical tensions have made the complexities of wealth management more difficult than ever to navigate. Increased international regulations and compliance...
Singapore frequently tops international lists of the best cities to live in. This is not surprising, given its high investment in technology, excellent infrastructure, low crime rates and high standards of living. Residency in Singapore is therefore highly prized. In this article, we’ll describe the...
The UAE’s business policies have always centred around promoting economic growth, diversification and entrepreneurship. This blueprint has enabled the country to move away from its traditional reliance on oil and gas revenues and successfully diversify into areas such as tourism, real estate, construction, finance and...
‘Offshore’ refers to any activity or entity that is located outside the jurisdiction or territory where an individual or business is based. The term has become synonymous with the banking and finance sectors, particularly in the context of offshore wealth management. Over the years, offshore...
The New Zealand Active Investor Plus Visa is a highly sought-after program for anyone looking to gain residency in the country while pursuing business opportunities. This article describes the application process and requirements, covering these areas: Overview of New Zealand’s residency by investment program Requirements...
Namibia is one of Africa’s prime tourist destinations and is becoming an increasingly popular choice for investors. It is also one of the safest nations in Africa, offering an excellent quality of life. Still in development, the Namibia residence by investment program will provide real...
Although considered a relatively new phenomenon, fintech has existed for many years. From the original shift from analogue to digital, led by traditional financial institutions in the 1990s, to the more recent emergence of blockchain technologies and mainstream use of integrated payment solutions and NFTs,...
Continued industrial growth and political stability have made Malaysia one of Asia’s most sought-after investment hubs. The country has an extensive network of double-tax agreements and, if you choose the Premium Visa Programme route, there are some excellent business opportunities to be seized. This article...
Golden visa programs are not a new phenomenon. The concept of residency by investment or investor visa programs has existed for several decades. The first modern-day residency by investment program was established in Canada in the 1980s with the introduction of the Immigrant Investor Program...
Since 2016, when the UAE first introduced legislation allowing the use of foundations, they have become a popular tool for regional wealth structuring and succession planning in the UAE and offer a unique alternative to other recognised wealth management structures such as trusts and offshore...
Leaving behind its past as a member of the USSR, Latvia joined the UN in 1991, the EU and NATO in 2004, and Europe’s Schengen Area in 2007. Its economy grew exponentially during this time, fuelled significantly by foreign investment, and the country continues to...
Every year, over 200,000 thousand new people arrive in the UAE. The country’s stable economy, modern infrastructure and investment friendly policies attract people from around the world, all looking to settle and make a home in the Emirates. When building a new life in a...
Jersey enjoys a fantastic combination of high living standards and favourable tax system, with one of the highest gross national incomes per capita in the world. It has been a prime location for high-net-worth investors for many years, and its residency investment program continues to...
Luxembourg offers high-net-worth individuals a winning combination of investor-friendly legislation, zero wealth tax and a cosmopolitan international mix of residents. With one of the highest GDPs in the world, the country offers an excellent quality of life. It is also a truly unique part of...
It is possible to gain residency by investment in Hungary, although the options have become restricted in recent years. Currently, you can apply by investing in real estate or by business formation. The requirements for the residency program are not immediately clear if you are...
Panama is a popular choice for investors seeking a permanent residency visa in the Americas. The country is an international banking centre and enjoys busy trade via the famous Panama Canal, which connects the Atlantic and Pacific oceans. From this prime location, investors can tap...
The UAE’s population is once again on the rise. After being hit heavily by the Covid-19 pandemic and falling oil prices, it has now rebounded and thanks to the huge success of Expo 2020 and ongoing government efforts to attract foreign residency, expats are once...
As an expat in the UAE, there are many things to adapt to: different customs, religion, work practices, climate and lifestyle to name just a few. However, succession planning is one thing that often gets overlooked. Making a will is something that many people avoid...
Mauritius has long been celebrated for its natural beauty. What may be less known is that this island nation has attracted considerable foreign investment in recent years, and is experiencing ongoing economic growth as a result. The Republic of Mauritius has seized the opportunity to...
Why you should consider DMCC for your next company Established in 2002 and located in the UAE’s largest free trade zone of Jumeirah Lakes Towers, the Dubai Multi Commodities Centre (DMCC) is fast becoming one of the leading free trade zones for trading international commodities...
Monaco is one of the most sought-after destinations for high-net-worth individuals seeking residency by investment. This up-to-date Monaco residency-by-investment guide describes the benefits of the Monaco residence-by-investment program and details the investment you need to make. It covers these essential areas: Monaco residency by investment –...
Italy residency by investment – What is it? An Italian residency visa allows you to enjoy the considerable benefits of living in this wonderful part of southern Europe. The visa can be obtained for a minimum investment of EUR 250,000, and the process can take...
If you’re familiar with the 1965 musical the Sound of Music, then you’ll undoubtedly recognise the name Von Trapp. The name belonged to a couple, Commander George Ritter Von Trapp and his wife Maria, whose story of escape from Nazi-occupied Austria in 1938 was made...
Although it is no longer possible to purchase citizenship in Cyprus, you can still apply for residency by investment. The process is swift, and the investment required is relatively low. In this up-to-date guide, we list the options and describe the process required to gain...
Wills and foundations are two options for legacy planning that are gaining popularity in the United Arab Emirates. Both allow for the effective management and protection of assets as well as succession planning for future generations. Understanding the basics of wills and foundations, the differences...
Switzerland actively welcomes high-net-worth non-EU individuals and foreign investors who want to invest in the country. In exchange for a significant financial contribution to the Swiss economy, you can gain permanent residency in this prosperous and beautiful part of Europe. After ten years of residency,...
Anguilla is a British Overseas Territory that falls under UK sovereignty. As such, it does not offer a direct citizenship by investment (CBI) programme. This makes it different to other Caribbean CBI programmes currently available. However, Anguilla residents can apply to become British Overseas Territories...
Citizenship by Investment (CBI) is a fast track to acquiring a second passport. It allows investors to gain citizenship by investing in a country’s economy, and several nations across the globe offer these ‘Golden Visa’ schemes. Once achieved, second citizenship allows you to travel as...
The Greek residency by investment program was launched in 2013. It grants a five-year residency visa to non-EU/EEA nationals who make an investment of at least EUR 250,000 in Greek real estate – the lowest investment threshold of all the European ‘Golden Visa’ schemes. Families...
Unfortunately, all passports are not created equal. And for those with less travel power, holders can sometimes feel held back when it comes to international living, business and opportunity. But this does not have to be the case. Second citizenship by investment opens the door...
Turkey is known as the ‘gateway to the East’ and, in terms of strategic location it is ideal – with easy access to Eastern Europe and the Middle East, which makes it an ideal place to live, especially if you own a business. The government...
The Republic of Ireland is amongst the wealthiest countries in the world in terms of GDP per capita, consistently in the top 10 over the last 20 years, and currently ranked third. The country enjoys one of the fastest growing economies in Europe. This article...
Squeezed between francophone Guadeloupe and Martinique, Dominica – the “Nature Island” – is an obvious spot for a great holiday. But did you know it’s fast becoming a popular option for savvy investors? Between 2017 and 2020, around 4,200 investors successfully obtained Dominica citizenship by...
The Antigua and Barbuda Citizenship by Investment Programme gives you and your family an Antigua and Barbuda passport in return for a minimum investment of just US $100,000. As a citizen, you will enjoy visa-free travel to over 150 countries, including the EU, the UK,...
Don’t be surprised if North Macedonia’s citizenship-by-investment program becomes one of the most sought-after in the world. With a fantastic location in southeastern Europe, the country enjoys an enviable climate and landscape, a growing economy, excellent agriculture and trade opportunities, and the prospect of joining...
Investing in overseas property has never been more popular, and it’s easy to see why. Great locations, favourable prices and potential tax savings are just some of the many benefits. However, to enjoy the maximum quality of life in some of the world’s most beautiful...
Vanuatu is a string of over 80 islands scattered across the South Pacific. Between its dazzling beaches, ancient culture and tropical weather, it isn’t hard to understand the country’s allure, but there’s more to Vanuatu than Pacific bliss. Discerning investors have a wealth of opportunities...
Malta’s citizenship by direct investment scheme grants naturalisation to high-net-worth individuals who make a major contribution to the country’s economy. This programme grants you a Maltese passport after one or three years of residency, depending on your investment, along with the considerable benefits this beautiful...
Combing an idyllic lifestyle with significant investment benefits, Saint Lucia offers serious opportunities for investors. Since 2015, investors have been able to gain citizenship through the Saint Lucia Citizenship by Investment Program. This dedicated initiative means investors and their families can obtain a second passport...
For any investor looking to combine an idyllic setting and lifestyle with significant investment benefits, St Kitts and Nevis has it all. Established in 1984, the St Kitts and Nevis citizenship by investment visa program is the oldest, most trusted, and most successful plan of...
The Portugal Golden Residence Permit Program is a five-year residence-by-investment scheme. It allows non-EU nationals to enjoy business residency in Portugal and visa-free access to Europe’s Schengen Area, and eventually more than 180 countries. This article describes the investment options available along with the application...
What the introduction of corporate tax means for businesses in the UAE On January 31, 2022, the Ministry of Finance of the United Arab Emirates (UAE) announced that it will introduce a federal Corporate Tax (CT) on business profits, applicable across all emirates and effective...
Many consider residency and citizenship by investment (RCBI) the ultimate route to boundless freedom, complete sovereignty, and unlimited global access. However, the truth is, RCBI is but one tool of many that can lead to one becoming a global citizen, but it takes more than...
One of the safest countries in the world With Portugal earning its position as the fourth safest country in the world, more investors are putting Portugal on their next best investment list. Economic progress and declining crime rates make Portugal a shining example of success...
The Island of Grenada is the southernmost island of the Grenadines islands, lying in the eastern Caribbean Sea about 100 miles (160 km) north of the coast of Venezuela. The island is commonly known as Spice Island for its production of nutmeg and mace crops....
The Portugal Golden Visa: Your Way to Citizenship by Investment in Europe Currently, the most popular program for EU citizenship and residency is The Portugal Golden Visa. The Portugal Golden Visa starts at $280k investment in property, with guaranteed buyback options. The program offers EU...
Following Abu Dhabi’s comprehensive regulatory framework that was issued in December last, Dubai is adopting the first law that regulates the trading of virtual assets. The Dubai Virtual Assets Regulation Law is set to establish a highly developed legal framework to secure investors and build...
In a signing ceremony that took place at the headquarters of Syria’s permanent delegation to the United Nations in New York City earlier this month, Syria and the Commonwealth of Dominica signed a diplomatic relations agreement between the two countries. The agreement was signed by...
As the much-anticipated program changes for Portugal Golden Visa were put into action, a significant change in the application demand could be noticed in 2022. With policy changes to real estate acquisition locations, and minimum investment amount increase for capital transfer and fund investment, the...
The company has been encouraging female participation in the field of financial advisory and citizenship by investment, ever since its launch in 2018 in order to increase the leadership team to more than 50 per cent of women. Anna, the first resource at Huriya...
The United Arab Emirates has adopted blockchain innovation as a driving force for businesses, intending to capitalize on the power of blockchain platforms to transform government transactions, making the UAE one of the leading economies in the world with an unmatched readiness to embrace and...
Among the recent amendments to citizenship investment programs announced by several hosting countries, St Kitts and Nevis have recently launched a new investment option within its Citizenship by Investment Program: Alternative Investment Option (AIO). This option allows applicants to invest in alternative projects that have...
The new UAE residency scheme is just a gift that keeps on giving. With the beginning of the new year, Dubai Airport Free Zone has announced the launch of a new Talent Pass that entitles freelancers to a 3-year residence visa, intending to attract global...
In 2019, the United Arab Emirates enabled a new Golden Visa scheme to attract foreign talents and businessmen from all around the world to live, work with 100% ownership of their businesses that operate within the UAE. These long-term residency visas are issued for a...
In view of the recent news announcing extensions to citizenship by investment programs for the new year 2022, Montenegro’s government has decided to extend its citizenship by investment program, which was initially set to expire by the end of December 2021. The Montenegrin Cabinet decided to...
Dubai continues to be the land of opportunity for new businesses and entrepreneurs. Dubai-based Huriya Private has launched a new global non-profit charitable foundation, The Huriya Private Foundation, in July. The launch of the Huriya Private Foundation is the latest initiative from the Huriya...
In his third column exclusively for Huriya, Stuart Young of Four Corners Wine explores the mystery and mastery of Burgundy. I defy any wine lover not to be seduced by Burgundy. It may not boast the grand chateaux of other wine regions but, driving past...
In the second of our fine wine series of articles, Stuart Young of Four Corners Wine attempts to demystify the classic French region of Bordeaux. Back in 1976, one of the wine world’s greatest protagonists, Stephen Spurrier, organised a tasting that became known as the Judgement...
Top choices might be Spain, France, Australia and New Zealand but they are not the easiest places to set up in. Now, multi-family office Huriya Private list the most viable destinations for Brits to consider… Freedom of movement may have ended now that Brexit has...
India’s recent changes to taxation legislation are accelerating its millionaire exodus. In light of this, Huriya Private’s CEO John Hanafin has reported that: “The number of high-net-worth Indian clients approaching us has risen exponentially in recent months as individuals grow increasing concerned about the pandemic...
When the world was faced with a full lockdown in April of 2020 due to COVID-19, and what was to follow, there was a distinct fear within the private aviation industry, that perhaps once again, we were headed into a dark scenario reminiscent to the...
Helen finds out why people are buying second passports during the pandemic with John Hanafin of Huriya Private. #Why Citizenship by Investment has seen an increase over the course of last 12 months ? We thought we would never see countries locking their borders....
In view of the recent turn of events, the Portugal government has taken a decision to extend the deadline for the country’s Golden Visa restrictions to the beginning of next year. Pre-planned for July 2021, the amendments sought to curb the money-spinning investments in the...
Fine wine is up there with the most enjoyable investments and coveted objects of desire. The Knight Frank Fine Wine Icons Index has risen 120% over the past decade, demonstrating that it is both a sound investment and one you can enjoy. In the first...
The COVID-19 outbreak is costing us a lot of things. It’s been hard for people all over the world as bad news continues to lurk in every corner of our lives. With finance and investment at a standstill, the global economy is facing an unprecedented...
Dubai Multi Commodities Centre (DMCC) is the epicenter of all things related to global trading. It’s the most perfectly placed Free Zone in the world with all leading business hubs being less than eight hours away. Having its headquarters in Dubai, it is the most...
There’s a reason why DMCC is The Leading Free Zone in the world. Everyone here at DMCC believes in offering the best possible service and assistance to the companies and clients. However, there might be specific questions about its location, business support, technological assistance, networking,...
Since the outbreak of COVID-19, the world is changing faster than ever. As new consumer patterns are setting in, it’s evident that some businesses are bound to suffer while others are destined to take flight. Coupled with lockdowns, travel restrictions on citizens around the world...
Everywhere around the world, people are looking forward to migrating to countries with better social and economic security. The post-COVID world has created a need among investors to find a safe abode for their businesses. They are also looking for residency options that would bring...
The COVID-19 outbreak has brought changes to every sphere of our lives. Obviously, the finance sector would not be an exception. Moreover, with the ever dropping prices of oil (currently below 30 bp), certain impacts are expected to be felt throughout the world economy. However,...
Home is where the heart is. We all dream of a home of comfort and security. Finding a perfect home is an instinct not only limited to humans but every species look for a habitat that is safe, secured, and free from worries. Just like...
The pandemic has ushered in a new era, and like every new beginning, it also has a lot of political chaos and economic instability. The increasing helplessness of humankind has taught us that there will be things beyond our control. However, that should not mean...
Every day, thousands of posts, articles, and columns are being written focusing on the ways of living a happy life. There is an umpteenth number of suggestions available online for that, yet in this article, we present you with one very simple, yet penetrating idea....
History does repeat itself when it comes to economic crises and recessions. A quick look at the world history would tell us that as a civilization, we have been through a series of turbulence which has destabilized the world economy and created a deep impact...
When it comes to assessing the economic crisis caused by the pandemic and devising strategies to combat the same, the Dubai Government is not far behind. It has already started taking decisive steps and is on its foot to aid businesses in growth and expansion....
With the ever-increasing restrictions on global immigration, countries are being somewhat skeptical about opening their borders to people. But that should not be your concern if you are aware of the Citizenship by investment program which is becoming popular day by day among the investors....
The Knight Frank World Wealth Report 2019 reports the world’s super-wealthy spend over USD 2.4bn on second citizenship each year, with most demand coming from China, the Middle East, and Russia. Immigration amongst high-net-worth individuals is ‘strong and growing’, the report notes. Indeed, some of...
Huriya Private is delighted to announce Canada’s extreme adventurer and TV celebrity – Ryan Pyle as Brand Ambassador. Born in Toronto, Canada, Ryan spent his early years close to home. After obtaining a degree in International Politics from the University of Toronto in 2001, Ryan realized a...
The pandemic has ushered in a new era, and like every new beginning, it also has a lot of political chaos and economic instability. The increasing helplessness of humankind has taught us that there will be things beyond our control. However, that should not mean...
There are many reasons you may be considering investment immigration. Fewer travel and trade restrictions, for instance, and the personal and business opportunities attached. Fairer taxation allowing you to better provide for your family. Or perhaps better education, or wider distribution of essential medical services. In...
The Parliament of the Portuguese Republic has turned down a bill proposed by the opposition parties to abolish the Golden Visa Scheme. The opposition came up with the bill after a report of the anti-corruption organization Transparency International in October 2018. Learn more, Kindly visit...
Lisbon was recently ranked the best city for investment and development prospects by PwC for 2019, shooting up the list from 11th place last year. This is thanks in part to its rich and plentiful housing stock, relatively low cost of living and improving infrastructure,...
The Moldova Citizenship-by-Investment (MCBI) program, developed in partnership with its service provider Henley & Partners, has been temporarily suspended due to “questions about the companies that are involved in this program” after a Dubai developer used it to entice investors.
Istanbul is legendary for its history and culture, so it can be slightly overwhelming to decide how best to spend your time in the city that is famously split between Europe and Asia. Between the grand bazaars, exotic cats, and endlessly beautiful mosques, there’s no...
The Republic of Turkey has announced it will abolish entry visas for the nationals of five Schengen Countries and the UK, in a bid to further develop tourism potential, in addition to enhancing commercial, economic and cultural relations with these countries. Citizens of Austria, Belgium,...
Following a final reading on Friday, the Moldovan Parliament voted to extend the already-expired moratorium on the country’s citizenship by investment program until September 1st this year. The ostensible purpose of the extension – the second in three months – is to give authorities more...
Earlier today, Wine Spectator announced the highly anticipated news of its number one wine of the year: Leoville Barton 2016.
Most of us in developed countries take for granted that our money is safe. Put it in a bank, and in theory at least, it doesn’t going anywhere. But that’s not necessarily true everywhere.
The missions scheduled for next year will include two official trips to the United States, and single trips to India, China and Australia
The American interested in establishing residency or citizenship in Europe has more options today than ever in history, depending on how much time and money you’re looking to spend to achieve the objective. If you have the budget, for example, you could make a 250,000-euro...
Changes to the DFSA Collective Investment Funds regime, on which the Dubai Financial Services Authority (“DFSA”) consulted in October last year, will come into force today coinciding with the enactment of the DIFC Companies Law 2018 (“Companies Law”). The DFSA consultation included a wide-ranging set of...
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforced its contribution to the UAE’s economy and its commitment to driving the future of finance, following strong performance during the first half of 2019....
Dubai has risen up the ranks of the Global Financial Centres Index (GFCI) to No. 8 position, representing its highest ever ranking. The city is the only financial centre within MEASA to appear within the top 10 rankings, placing it alongside other pivotal financial hubs...
The popularity of family offices, the private wealth management advisory firms that have ultra-high-net-worth investors, are helping shape the investment routes that Asia’s ultra-rich take in preserving their wealth for generations. Such is the number of inter-generational transfers during these times as business founders retire....
Family offices have been known to fly under the radar and often not share much about themselves. What they all want to know, however, is what other family offices are doing. For this reason, many reports are always keenly anticipated and the UBS Global Family Office...
Dubai: A number of listed companies in the UAE, particularly banks, have announced their intention to increase foreign ownership limits (FOL), attracting higher portfolio investments into the UAE. nalysts expect the increased foreign investment into domestic banks to offer manifold benefits for the institutions concerned,...
Mashreq, the UAE’s oldest bank, and Emirates NBD, Dubai’s biggest lender by assets, both rolled out online banks for small and medium-sized enterprises (SMEs) and start-ups as they invest in digital transformation and address challenges faced by new businesses. Mashreq’s NeoBiz is a business account...
Banks and financial institutions in the UAE can use online validation gateway of the Federal Authority for Identity and Citizenship for identification verification of customers when opening their bank accounts. This will eliminate the need for physical checking of the Emirates ID card of individual...
Dubai: Three-fourths of customers trust their banks in the UAE, according to the 2018 Trust Index Survey of UAE Banks Federation (UBF) conducted in collaboration with Kantar, the data consultancy. The results show that 74 per cent of respondents had high trust in the UAE...
The UAE once again has the largest domestic banking sector in the Gulf region, with a 38 per cent share of the region’s total in 2018, according to Gulf Business‘ annual list of the Top 50 biggest GCC banks. In the UAE, bank loans increased by a...
The 2016 vintage in Bordeaux is unique – offering wines that are both age-worthy and accessible. Peter Newton from our Fine Wine team looks at how the wines from this pivotal vintage are drinking now Up until two and a half years ago, the Bordeaux en...
Billionaire wealth grew by 17% to $6 trillion, according to a report released Thursday by $3 trillion money manager UBS and consultancy PwC. And a chunk of that money is going into sports. Billionaires, according to the wide-ranging report, are looking to leave their mark on...
There’s no better way to amass wealth than to have your assets do it for you. In making investments, there are a whole lot of means to invest your money, but have you ever thought of the luxury goods industry? The greater sale of luxury...
Kevin Cogan, an avid Ferrari collector, describes the meticulous restoration of his 250 Europa Vignale hen the genius of a manufacturer meets the skill of a great coachbuilder and the inspiration of a visionary designer, masterpieces are created that can open up new avenues in...
Assets under management (AuM) at Abu Dhabi General Market (ADGM) have surpassed the $25 billion mark according to comments made by its chairman at a recent event in the UAE capital.Assets have grown more than fivefold since 2017 when AuM stood at $4.2 billion said...
DMCC partnered with Dubai FDI to host a forum today under the theme Advancing the Dubai-China Relationship Through Trade, as part of the fifth edition of Dubai Investment Week 2019. DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade...
New initiatives aim to make Dubai a global art destination. Artists, authors and innovators will soon be able to apply for the UAE’s first long-term cultural visa. The announcement was made by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, after a meeting...
The UAE is one of the most popular destinations for expats in the world, and securing permanent residency here is not only attractive but simple as well. Whether it’s lavish Dubai, cosmopolitan Abu Dhabi, culture-crazy Sharjah or any other of the UAE’s seven emirates that...
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, today announced the launch of the region’s first ‘Virtual Company Licence’. Aligned with the third Article of the 50-Year Charter of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President...
Inheriting art can be a very educational and meaningful experience, helping you to learn more about your family and about the art world. On the other hand, assessing which pieces you’d like to part with and knowing how to do so can create a world...
John Hanafin, Founder and CEO of Huriya Private expresses his views on securing a second passport with the hope of a better life. Tune in to a candid conversation where John speaks to Dubai Eye 103.8 about how there’s an increase in the number of...
Today’s business world is almost borderless. Where you’re from has little bearing on where you start your company, and international founders set up in almost every corner of the globe. Some corners more than others though. Like these four. If you’re debating where to start...
Gaining residency in the UAE is an excellent option for many individuals that are considering the likes of Monaco, Lichtenstein, Gibraltar or the Channel Islands as their ordinary residence. The UAE is certainly the only country from the above list that does NOT demand a...
I frequently have clients asking me about setting up in UAE, but they are unsure if they want a UAE offshore company, or a UAE onshore company, the IBC vs the FZCO. Two very different offerings, but they can also work together for greater benefits....
Make a donation to the government of Vanuatu, and you and your family will have Commonwealth passports in 45 days. Really? Yes, really. A tropical chain of 83 islands nestled in the south Pacific, Vanuatu is a peaceful, vibrant and culturally diverse nation that’s...
Kleindienst says those who invest AED5m into its Heart of Europe project in Dubai will be eligible for a Moldovan citizenship-by-investment scheme
What is it that’s attracting so many global citizens to Ireland? And how can you join them? Currently, 11.6% of Ireland’s total population are non-Irish nationals – and almost every nation in the world is represented, from Andorra to Zimbabwe; Afghanistan to Zambia. So let’s...
The OECD, or Organisation for Economic Cooperation and Development, based in the 16th arrondissement of Paris is best known for its focus on advancing left-wing economic policies including higher income and corporate taxes, more government bureaucracy and attacking low tax jurisdictions especially in the Caribbean...
The Turkish President Recep Tayyip Erdogan has once again reiterated that visa liberalization with the Schengen countries is Turkey’s top priority. President Erdogan said so during the sixth meeting of the Reform Action Group (RAG), which was held on Europe Day on 9 May, for...
Not all passports are created equal so not all passport-holders are treated equally. How often can you feel this impact almost every element of your life? From the holidays you take, to how you conduct business, to the prospects your children enjoy. Let’s look at...
The Knight Frank World Wealth Report 2018 reports the world’s super-wealthy spend over USD 2.4bn on second citizenship each year, with most demand coming from China, the Middle East, and Russia. Immigration amongst high-net-worth individuals is ‘strong and growing’, the report notes. Indeed, some of...
There are many fantastic options for Grenadian citizenship by investment . But Grenada – particularly the Grenadian real estate option – is one of the most popular, even amongst stiff competition. There are ten very good reasons for that. Let’s explore them, and then I’ll...
Fund passporting is expected to provide flexibility to distribute company funds. The UAE will allow flexibility for distribution of domestic funds by asset management companies by allowing passporting of funds under various jurisdictions in the country. Fund passporting is expected to give the asset management...
There are many reasons to choose investing in a new passport, or second citizenship, but one you might not have considered – but should, if you’ve got children – is the opportunity to secure a better education. The right education helps your children build their...
Something may come from nothing. It takes hard work and commitment, and perhaps a little luck – but it can happen. At the end of 2015, there were 350,000 SMEs in the UAE, providing jobs to over 86% of the private sector. They accounted for...
Second citizenship is an expensive luxury, you probably think. Certainly worth consideration, but only when you’re feeling flush. The thing is though, second citizenship-by-investment doesn’t just cost money. It saves you money. Sometimes in triple figures. Here’s how. 1 – Second citizenship can save money on taxes When...
The United Kingdom are well on their way to exit the European Union. As the 29th of March looms large in the near distance, many UK companies find themselves in an unusual situation, and may feel that they are being forced to “choose an option”...
An update on recent proposed changes to the UK’s residency visa programmes and other immigration routes of entry Recently, there has been some confusion regarding the status of the UK’s Tier 1 Investor Visa Programme (IVP). As some of you may know, the Home Office,...
The UAE has been one of the most popular destinations for expats and business people for many years – and that reputation is still growing. This can be partially attributed to the UAE government’s many favourable business & visa initiatives launched earlier this year, but...
Second citizenship is an expensive luxury, you probably think. Certainly worth consideration, but only when you’re feeling flush. The thing is though, second citizenship-by-investment doesn’t just cost money. It saves you money. Sometimes in triple figures. Here’s how. 1 – Second citizenship can save money on taxes When it comes...
There are many fantastic options for second citizenship. But Grenada – particularly the Grenadian real estate option – is one of the most popular, even amongst stiff competition. There are ten very good reasons for that. Let’s explore them, and then I’ll tell you how...
The UAE has been one of the most popular destinations for expats and businesspeople for a while – and that reputation is only growing, thanks to several recent government initiatives. Andrew Staples, Chief Business Reporter for Gulf News, recently wrote a special report on these...
There are many reasons to choose investing in a new passport, or second citizenship, but one you might not have considered – but should, if you’ve got children – is the opportunity to secure a better education. The right education helps your children build their...
Not all passports are created equal so not all passport-holders are treated equally. How often can you feel this impact almost every element of your life? From the holidays you take, to how you conduct business, to the prospects your children enjoy. Let’s look at...
What are the cheapest citizenship-by-investment programmes? Let’s review the current investment thresholds so you can decide which best fits your needs. The Caribbean always wins when it comes to costs, so we’ll look at the top three programmes from that region first, then throw in...
Ask entrepreneurs in the UAE what they most need to upscale their business and the majority are likely to say ‘finance’. Sourcing finance in the early stages of growth is fundamental in taking a company to the next level. It helps business owners to avoid...
A tropical chain of 83 islands nestled in the south Pacific, Vanuatu is a peaceful, vibrant and culturally diverse nation that’s proud to welcome international travellers to its shores. But what exactly do the shores of Vanuatu hold? Not just sandy beaches and sparkling blue...
You know by now that an entrepreneur should be bold, and that thriving in uncertainty and having strong vision are all important parts of the success you desire. History is full of examples of visionaries who blazed trails and demonstrated these traits. But what do...
The UK is on the wish-list for many international investors, thanks to Britain’s thriving business landscape, exceptional education and enviable quality of life. But it needn’t stay relegated to your wish-list. Securing permanent residency in the UK is much easier than you think. The two...
Your business is booming, profit is increasing, your company is growing. It’s an exciting time. So is it now time to look at global markets? Today we examine the practical steps you can take to prepare for the challenges ahead. Signs you’re ready to go...
What is it that’s attracting so many global citizens to Ireland? And how can you join them? Currently, 11.6% of Ireland’s total population are non-Irish nationals – and almost every nation in the world is represented, from Andorra to Zimbabwe; Afghanistan to Zambia. So let’s...
Fear can be a paralysing experience for anybody, and entrepreneurs are not immune. Many would-be business founders actually never take the leap into entrepreneurship, for fear of what might happen. But is fear a barrier to success or a motivator? With the right guidance, potential entrepreneurs can...
Asia is a continent of opposites. As it grows in credibility, builds trust and gains strength on the world stage, so do many of its passports. Yet at the same time, the continent is also home to some of the weakest. In this piece, we’ll...
Managing growth is about more than just the present. Considering and seizing opportunity only as it arises may work for some, but it isn’t enough for the entrepreneur who is seeking genuine, sustainable expansion for their business. Growth can contain an insidious threat that is...
Entrepreneurs are thriving. That’s especially true in the UAE, where there’s a real push to attract the best from all over the world, give them a platform for innovation and disruption, and help them shape the world over the next century. According to MAGNiTT, in...
Dubai retains great lustre and appeal as a foreign direct investment (FDI) location. The most recent figures show clearly that the city has strongly cemented its position among the top global destinations for FDI capital. In 2016, with investors from leading industrial countries such as...
For any company or startup – across any industry – it’s worth considering the benefits of launching in Dubai. And now is a perfect time to consider taking advantage of this world-class innovative business hub. For forward-thinking entrepreneurs, the emirate offers an ideal climate to...
EB-5 vs E2: Sounds like we are comparing fax machines, right? But these two programmes, are two of the best ways to attain residency in the United States. But that’s where similarities end. When considering either of these, it’s vital to understand their exact requirements...
Something may come from nothing. It takes hard work and commitment, but it can happen. At the end of 2015, there were 350,000 SMEs in the UAE, providing jobs to over 86% of the private sector. They accounted for over 60% of the country’s GDP,...
Among many after-effects of the UK’s 2016 referendum decision to leave the European Union, one of the most notable has been an explosion of interest in second citizenship. One survey last year found that 89% of Britons are interested in second citizenship in an EU...
Negotiation in business is an art. And like any form of communication, it’s also a delicate balance – one wrong turn and your objectives and reputation can be jeopardised and damaged. We can all recall failed negotiations and awkward interactions vividly; you may have experienced...
The Knight Frank World Wealth Report 2017 reports the world’s super-wealthy spend over USD 2.4bn on second citizenship each year, with most demand coming from China, the Middle East, and Russia. Immigration amongst high-net-worth individuals is ‘strong and growing’, the report notes. Indeed, some of...
In an enterprise hotbed like the UAE, where new businesses are launching all the time, the term startup can be misleading. Because while all startups are new businesses, not all new businesses are startups. This may seem pedantic but there are some essential differences between...
For entrepreneurs setting up shop in the UAE, there are two basic options; set up in a free zone or in the mainland. Many entrepreneurs establishing a business in the UAE for the first time choose the free zone option for the obvious benefits of...
The European Union is the biggest economy in the world, accounting for one quarter of the world’s wealth (measured by GDP). It’s the leading global importer, exporter and investor and receives the most foreign investment and donates the most aid. Businesses in the EU’s single...
Visa restrictions and lengthy passport queues. Holidays based on where you can go, not where you want to go. Delayed business meetings. Lack of privacy. Extensive customs processes. Or quick, painless travel wherever you want to go. Respect in every country you enter. Freedom without borders. For those lucky...
Who wants to be a billionaire? According to the market-leading Wealth-X billionaire census there are nearly 2,400 billionaires in the world, with combined wealth of USD 7,400bn. It’s a select club. All the billionaires in the world would fit into four Boeing 747s with room...
Easy setup, no tax guaranteed, 100% ownership. Proven draws for the UAE free zones. Why, then, do so many entrepreneurs each year swap the safety of a free zone for speculation on the mainland? Simply put, it’s a logical progression of many a successful business....
“A new digital nation for global citizens, powered by the Republic of Estonia.” That’s the official definition of the Estonian e-Residency programme – a world first, from a country so technologically forward-thinking that it’s nicknamed E-Stonia. As of November 2017, there are nearly 25,000 Estonian...
There are few better places to start a business venture than the UAE. With the advent of major co-working spaces, such as Astrolabs Dubai and Impact Hub Dubai, it’s never been easier to start a new business on a budget here. What’s more, Dubai is...
Angel investors are a great way to secure early financing for your business, giving you the financial jump-start you need to reach the final stages of development and market entry. But many new business owners are at a loss with what to expect from investors. In...
Entrepreneurs across the world are attracted to setting up and running their businesses in the UAE – even those who prefer not to relocate to the Gulf. And it’s easy to understand the appeal. Just three decades ago the Emirates was one of the least...
Some people just seem to have a more relaxed way of life. On your travels do you ever cast envious glances at the business people lingering over coffee in a town square as if they had all the time in the world? How is it...
The US has long been seen as perhaps the ultimate relocation destination. Its prosperous and stable lifestyle, rich and varied culture, and world-class healthcare and education systems are just a few elements that set it apart. But America is not known for providing an easy...
As one of the best oiled and most liberal economic machines in the Middle East and North Africa (MENA) region, and indeed the world, the United Arab Emirates offers advantages in every direction for anyone wishing to set up a company here. This is not...
When setting up in the UAE, entrepreneurs are usually faced with two options. Some choose to set up in one of the nation’s free zones, meanwhile others opt to set up an onshore business – usually to trade with the local UAE market, something which...
The Caribbean is the grandfather of second citizenship. It’s where citizenship-by-investment was born, and remains one of the most popular second citizenship destinations today. But which of the top five Caribbean programmes is best for you? All five deliver citizenship in exchange for investment. All...
Launching new businesses is a popular activity here in the UAE. In Dubai alone, the Department of Economic Development (DED) issued a staggering 21,146 new business licences in 2016. Among these new businesses – and the 125,000+ licence renewals issued every year – the most...
All that glitters might just be gold. Because as of 2013, Spain introduced their ‘golden visa’ law. Put simply, it means non-EU nationals can obtain European residency in only 2-3 months using a fast track process. What do you get in return? Easy movement within...
When setting up in the UAE, entrepreneurs have a number of options. You could choose to set up in one of the many free zones – and take advantage of 0% corporate and personal tax, 100% company ownership, 100% repatriation of capital and profits, no...
What’s the best thing about owning your own business? Is it the prestige of being an entrepreneur? The excitement of trying something completely new? Maybe it’s seeing the word ‘CEO’ on your business card? For many, being your own boss is the thing that really...
Residency and Citizenship-by-Investment Programmes (RIP & CIP) are being offered by an increasing number of countries today. These include the USA, Canada, the UK, Austria, Portugal, Spain, Malta, Cyprus and others. These programmes have been attracting bad publicity over the past few years. Criticism centers...
There have been many positive developments and news items concerning Cyprus recently, so I have summarised them below: 1. The redesigned Citizenship-by-Investment Program The Cabinet in Cyprus decided on the 13th of September on a redesign of the Citizenship-by-Investment Programme. The new CIP abolishes the collective...
There are many reasons to choose investing in a new passport, or second citizenship, but one you might not have considered – but should, if you’ve got children – is the opportunity to secure a better education. The right education helps your children build their...
“John – tell me about Cyprus, is the program as good as I hear?” Why are so many clients asking me about Cyprus? Possibly because it has a fantastic citizenship by investment program, taking less than 90 days to grant Cypriot citizenship, has some incredible...
