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 the...
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 starting...
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 0%...
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 market...
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 enough to...
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 to...
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. Right off...
“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 e-Residents...
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 home...
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 a...
