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Posted on Aug 29, 2018 in Investor Visa |

New 10 Year Visa Announced for Investors and Professionals in the UAE

The UAE recently announced that it would issue 10 year visas for professionals and investors and allow 100% ownership in mainland companies. These changes come as part of a plan to encourage foreign investment and attract talent and will be implemented at the end of 2018 as part of reforms focusing on fostering growth in professions and industries that meet the UAE’s specific needs. Speaking at a seminar in Dubai, the Chief Economic Advisor at the Department of Economic Development, Dr Raed Safadi said key criteria of the new law will be to attract investors and bring in all kinds of talent (source). Technology entrepreneurs, influencers, high-end individual investors and specialists in the areas of science, space, and medicine would be eligible for the 10-year visa. Replying to a question about the eligibility of doctors, engineers and architects to be part of the 10-year programme, Dr Al Mulla, Executive Chairman of Baker McKenzie Habib Al Mulla, said he didn’t expect all these categories will be eligible. “However, some specialists could be included in certain fields like medicine and so on but I don’t think it will be overall for everyone,” he added. It is expected that the new reforms will be focused on those professions and industries that meet the UAE’s strategic needs. Moreover, professionals holding a master’s degree or equivalent, a certain minimum salary bracket and certain designation – directors, etc. – could also be considered, he added. On the possible eligibility for 100% ownership in the mainland, Dr Al Mulla said we still need to await full details. “But from what we have seen, the government is looking for global companies with global means like Google to start with. Those multinationals whose businesses are spread all over the continents. I think technology entrepreneurs, for example Tesla and so on, are the type of companies that will be part of 100 per cent foreign ownership. I think once they try it and see how it works, then they may start expanding it to other companies and industries. But to start with, it will be these multinationals.” (source) Full details are yet...

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Posted on Aug 20, 2014 in Canada, Canadian Immigration, Investor Visa, Migration News |

First Canadian Entrepreneur Start-up Visas Approved

 This is the first visa program of that type in the world and the Canadian Government strongly encourages all provinces to support any young entrepreneurs wanting to set up a business in the country. Foreign entrepreneurs willing to grasp this opportunity need to meet certain criteria: secure significant investment from one of the designated ‘angel’ investor groups set up for the programme, financial commitments from business incubator companies are also accepted. This visa gives an option to young talents to try their luck in Canada. Their vision and ability to build innovative companies that can create jobs and long-term perspectives, thus distributing for the economic growth of the country. The Start-up Visa Program was launched last year, aiming to link experienced Canadian private sector firms with innovative foreign entrepreneurs who want to launch their start-up companies in Canada. When it comes to residency visas, the applicants should prove one or more years of post-secondary education, as well as language proficiency in English or French. The Pilot Entrepreneur program is to run for five years. Visa First is a leading international immigration consulting company. We can help you to apply for your visa fast and hassle-free today. Visa FirstMore...

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Posted on Jul 11, 2014 in Investor Visa, United Kingdom |


The British government announced yesterday that they are taking serious measures to stop migrants getting entrepreneur visas under false pretences. Immigration Minister James Brokenshire said that the tax records has shown that people on expiring student visas who then get entrepreneur visas have not gone to set up their own business. The Home Office disclosed the number of foreigners applying for the right to stay in the country under the entrepreneur scheme rocketed from 118 in 2009 to 10,000 last year. The UK Government believes that organized gangs are looking to get entrepreneur visa after the post-study work simply to extend their stay in the UK. Under the terms of an entrepreneur visa, the visa holder is only allowed to work for their own business and not take employed work elsewhere. The efforts of the ministers are to build a strong immigration system that is fair to British citizens and legitimate migrants. So, applicants now should give more evidence of their business activities to secure an entrepreneur visa and further restrictions will be put on switching to the visa from other immigration routes. Visa First is a leading immigration consulting company. We can help you to apply for your UK visa fast and hassle-free today. Please visit our site for more information Visa FirstMore...

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Posted on Apr 23, 2014 in Investor Visa |

Quebec will reopen its immigrant investor program

Quebec has announced its intention to reopen the local investors’ program before the end of the current year, despite the fact that the central government has decided to shut down the federal Canadian foreign investors program. Quebec’s immigration ministry, Immigration et Communautés Culturelles Quebec (ICCQ) has announced that the program will reopen on September 8th 2014. There will be 1750 visas available and the application period will be between 9th and 18th September. If there are some visas that remain available a second round of applications will take place at the end of the year. All successful applicants will receive permanent Canadian residence for themselves and for their spouses and children. In order to be successful and applicant must show that they have assets worth at least 1.6m Canadian dollars or Lend 800,000 Canadian dollars to the Quebecois government for five years. In addition to that they need to settle in Quebec. Due to the fact that the investor immigrants program in Quebec is the only available investor immigrant program in Canada during the current year, it is expected that the demand will be very high. According to the immigration minister Chris Alexander many people which applied to the federal immigrant investor visa program did not come to Canada but sent only their families there while remaining to work in their home countries. Therefore the program failed to bring the expected benefits for the Canadian economy and the government decided to abolish it. At the time of its closure, some 25,000 applications were pending. Visa Firs is a leading international immigration consulting company. We can help you to apply for your Canadian via fast and hassle-free today. blog.visafirst.comMore...

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Posted on Oct 10, 2013 in Europe, Investor Visa |

Going for Golden Visa: A guide to EU residency

There several different types of property buyers: those who buy for money, those who buy for a holiday home and those on the lookout for a new place to live. With the eurozone crisis continuing to plague economies, though, many countries have introduced Golden Visa schemes, which offer residency within a country in exchange for investment in real estate. Residency often includes visa-free travel to the 26 countries within the Schengen Area, which boosts the programmes’ appeal to non-EU buyers looking to relocate overseas. Moving abroad has never been easier! As Spain introduces its own Golden Visa scheme this month, we round up the main packages on offer: Portugal Minimum investment: €500,000 For €500,000 you can be on the fast track to obtaining a full valid residency permit and find yourself a prime piece of Algarve real estate to boot. With Portugal’s property prices falling in recent years, those luxury villas near the beach are more affordable than before. Indeed, Portugal is confident its scheme will attract big spenders and expects 10,000 homes to be sold this year. The visa will be valid for one year and can then be renewed for another two years, although your investment must remain for a minimum of five years. The biggest selling point? You only have to stay in Portugal for seven days of your first year to be eligible for renewal; a handy gateway to other EU countries for wealthy buyers. Alternatively, you can transfer funds of over €1 million into the country or create at least 10 jobs. Frankly, the villa sounds like more fun. Cyprus Minimum investment: €300,000 Cyprus’ housing market is in dire straits, so the island’s Golden Visa scheme is much more affordable: you only have to spend €300,000 to obtain residency, as long as €200,000 of that is paid before your application and your income is more than €30,000. The residency permit includes an investor’s spouse and children under the age of 18, but the lower cost comes at a price: non-EU nationals wishing to visit other countries in the Schengen Area will need to apply...

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