UAE

Country:                               Dubai Region:                                 UAE - Middle East (EMEA) Currency:                              Dirham (AED) (DH) Languages:                           Arabic, English Time Zone:                            UTC +4 Phone Code:                          +9714 Communications:                  Good  Formation Cost:                    8000 - 14000...

CORPORATE & FIDUCIARY JURISDICTION 2020

High net-worth individuals can obtain a 10-year residency visa by investing ₹21.5 crore in a real estate asset.   Real estate prices in European Union countries have risen, causing an increase in investment thresholds and the termination of Golden Visas offered to wealthy individuals. As a result, Indian investors are turning to the United Arab Emirates (UAE) for such residency opportunities, where high net-worth individuals (HNIs) can obtain a 10-year residency visa by investing 2 million dirhams ( ₹21.5 crore) in a real estate asset.   HNIs are a class of people who work in the financial services industry and have investible...

IMMIGRATION BY INVESTMENT NEWS 2023

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.             By Waheed Abbas, Khaleej Times   Visitors to Gitex Global 2021, which is taking place at the Dubai World Trade Centre, can find out all the details about the application process for obtaining the UAE Golden Visa.   During the five-day exhibition from October 17 to 21, officials from the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai will explain the conditions and criteria for Golden Visa and how one can get it.   The UAE Golden Visa is...

IMMIGRATION BY INVESTMENT NEWS 2021

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as authorities attempt to shore up the Gulf nation's flagging economy.   Depressed demand for oil and the coronavirus pandemic has hit the sultanate's finances hard, pushing leaders to seek alternative sources of hard currency.   Foreign investors and retirees will be granted the right to long stays in the country under the scheme starting in September, the Ministry of Commerce, Industry, and Investment Promotion said in a statement....

IMMIGRATION BY INVESTMENT NEWS 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       Vedanta Baruah is the CEO of Berns Brett Masaood Insurance LLC, an insurance broking firm that has offices in the UK, the EU, and India. He was granted a special visa in the investor category by the Department of Economic Development, Abu Dhabi, UAE.   Vedanta Baruah, an NRI entrepreneur who hails from Assam's Dibrugarh district, has been awarded the UAE's 10-year Golden Visa, which is mostly reserved for prominent global personalities. Baruah is the first Assamese to receive the UAE's Golden...

IMMIGRATION BY INVESTMENT NEWS 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       By Ramola Talwar Badam   Thousands of residents have been receiving their long-term residency visas, but how can you get one?   The golden card is a long-term residency programme announced by Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, in May 2019. Not long after its launch, more than 400 investors and businessmen, including some of their families, had already been granted the visa, with dozens more receiving it each day.   Sheikh Mohammed said 6,800 investors and residents, worth an estimated...

IMMIGRATION BY INVESTMENT NEWS 2021

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         By John O'Donnell   The United Arab Emirates, a magnet for the globe's ultra-rich, has also emerged as one of the fastest-growing corporate tax havens, according to a study released on Tuesday that highlighted a $200 billion-plus money flow to the country.   The index by the Tax Justice Network, which highlights countries that attract companies to shrink their tax bills, added the United Arab Emirates to its top-10 ranking that includes Switzerland and Bermuda.   Britain's offshore territories the...

CORPORATE & FIDUCIARY NEWS 2021

Find out how Asia Outbound can introduce you to new intermediaries and agents for your project or services.       By Web Report Dubai   The initiative was launched in a bid to position the fast-developing emirate as a global centre for culture, an incubator for creativity, and a hub for talent. Dubai has announced it will grant cultural visas to 1,000 creators and artists from across the world. The announcement was made on Tuesday by the Dubai Culture and Arts Authority, as part of the first-of-its-kind cultural visa initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President...

IMMIGRATION BY INVESTMENT NEWS 2021

Its incentives and one-off offers were taken up by 8,000 existing member companies   By Gulf News Report   Dubai: The incentives seem to be paying off, with Dubai's free zone DMCC confirming a ‘record-breaking’ intake of 2,025 new companies in 2020 - its highest in five years.   The gains were primarily due to the Business Support Package’ launched in March, introduced after the pandemic broke. “This was the business hub’s largest ever commercial offer, offering a wide range of incentives and value-added services to both existing and new companies in the free zone,” the Dubai Multi Commodities Centre said...

FOREIGN DIRECT INVESTMENT OUTBOUND INVESTMENT HIGHLIGHTS 2021