Investment citizenship in 2019: review of the best options

Investments in foreign real estate and economy allow foreign citizens not only profitably to invest money, but also to obtain a residence permit or even a citizenship. For businessmen and investors, there are ways that make it possible to more effectively conduct business in various jurisdictions, maintain international contacts, use global investment opportunities and travel with a minimum of visa restrictions.

Dominica citizenship by investment is an option that businessmen should definitely pay attention to. Dominica’s passport can be obtained through the investment program since 1993. For more than 20 years, the government has constantly improved the quality of its proposals. This program allows foreign investors and their families to obtain Dominica citizenship by making significant investments in the country.

Currently there are two investment options for those who intend to obtain a passport of Dominica:

• a contribution to the Government Fund of the country in the amount of $100,000
• real estate investment in the amount of $200,000.

Holders of Dominica passports receive the following benefits:

• Opportunity to constantly live in one of the most peaceful and hospitable countries and make a profit from one of the investment programs.
• Passport of Dominica allows travelling without visas to more than 120 countries and territories, such as Singapore and Hong Kong, the countries of the European Union and the United Kingdom.
• Favorable taxation system - no tax on wealth, inheritance, foreign income or capital increasing.
• After obtaining citizenship Dominica does not notify the country of your citizenship about the assignment of a new status.
• It is legal to live abroad in accordance with the laws of the host country, since there is no requirement to reside in Dominica before or after obtaining citizenship.

UAE residence visa

The United Arab Emirates is a large, developed and rich country thanks to oil and its location in the middle of the economic routes of the Far East and Europe. In the UAE, such types of visas are available:

• transit visas (give the right to stay in the Emirates for 96 hours);
• tourist visas;
• visit visas with the invitation of relatives living in the Emirates;
• service visas with the invitation of Emirates companies;
• visas for those who bought property in the UAE and visas for employees and owners of companies registered in the UAE. The last 2 types are called Dubai residence visa and give the right to reside in the UAE for a relatively long time.

The term of the residence visa is 3 years, and then you must apply for its renewal. In this case, it is possible to extend the visa of a resident of the UAE by a simplified procedure an unlimited number of times (if during this time the applicant has not done anything illegal in the Emirates).

The simplest and most cost-effective option for obtaining a resident visa in the UAE is the registration of a free zone company in DMCC Dubai or in other zone.

To obtain a resident visa, the applicant must provide:

•          original of passport and its copy;
•          color photo;
•          corporate documents for a registered company.

In addition to filing all the necessary documents for a visa, you will need to contact an authorized medical center and take a blood test, as well as make an x-ray of the lungs. For Emirates, you will need to be fingerprinted and to make retina photos.

The obtained resident visa makes it possible to issue a resident visa for direct family members (wife, husband or minor children), as well as for close relatives (for example, parents).