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Abu Dhabi will host the International Residency & Citizenship Expo 2022 from 7-8 October, with participation from government agencies, approved advisors, officially authorized bodies and legal entities.
Organised by Conrad Etihad Towers’ Dome Exhibitions, the event will include a session that will focus on the Residency and Citizenship by Investment (CBI) scheme, under which countries grant residency and citizenship for major investments in the country.
More and more investors are immigrating from their home countries to enjoy visa-free travel, financial security, safety from political and economic uncertainty, personal freedom, and the prospect of exploring different markets around the world. Because of these factors, immigration-based investment is growing rapidly.
Experienced finance, tax and immigration professionals will be present to advise attendees, especially high net worth individuals. The two-day event will also feature the EB-5 Immigrant Investor Program, which provides an investment pathway for those wishing to live permanently in the United States and potentially ultimately obtain citizenship.
The International Residency and Citizenship Expo 2022 is one of the major events taking place in the capital and is expected to witness over 50 exhibitors from 30 countries presenting over 60 programs and projects that will demonstrate the benefits of international citizenship .
Attendees of the event will also see the prospect of acquiring dual citizenship, which offers benefits such as visa-free travel, financial security and personal freedom. Expo will provide expertise on the decision-making process necessary for proper citizenship and residency opportunities.
The platform is dedicated to providing dual citizenship opportunities to the expat community by comparing the range of options offered by different countries. Currently, there are a number of residency programs, such as the Golden Visa program, which are gaining popularity due to advantages such as visa-free travel, access to global markets and quality educational opportunities. Real estate acquisitions have become one of the most popular ways to obtain a golden visa.
Arun Bose, Deputy Director of Dome Exhibitions LLC – Exhibitions/Conference, said: “Citizenship Expo has been the first of its kind B2C exhibition and conference since its launch in 2016. It is an ideal platform. 500 Citizenship by Investment industry participants from around the world Experts, including key delegations from the government and the Citizenship by Investment Board from Geneva, showcase opportunities for citizenship of different countries.
“The industry is expected to grow exponentially over the next few years, especially in the post-pandemic era, showing the real potential for foreign immigration and citizenship in the region. The global residency and citizenship investment industry was worth $21.4 billion annually in 2019 , is expected to generate $100 billion in revenue by 2025. This year’s online registrations show a growing interest from expats who are looking for a second home as an investment during this year’s show.”
In the UAE, Dubai has 42,400 millionaires, followed by Abu Dhabi with 23,800 millionaires, according to research by New World Wealth and Henley & Partners.
Many professional exhibitors of citizenship by investment from countries such as Portugal, the United States, Canada, Caribbean countries, Cyprus, the United Kingdom, Malta and Greece will participate in the event. In addition, the event will also provide opportunities for numerous expats from India, Pakistan, Syria, Lebanon, Palestine, the Philippines and a handful of other countries in the Middle East, Asia and Africa who wish to obtain a start-up visa, one of the most sought after visas one.
The Covid-19 pandemic has brought many challenges, with lifestyles affected by travel restrictions and local health systems. Citizenship by investment is one of the positive consequences of the pandemic, as it offers high net worth individuals the option to live freely abroad in the long term. The CBI will be the main highlight of the two-day expo.
During the event, participants will learn about the latest information on the world’s leading investor immigration programs and related investment opportunities. Consultants and government entities will provide professional guidance and advice to participants. The expo provides an opportunity to interact one-on-one with renowned advisors in the immigration industry to explore different avenues for doing business, opening a bank account and expanding investments globally without personal, income or any other tax liability or repatriation restrictions. profit.
The event will also showcase numerous real estate development projects and various investment options, advisory and financing opportunities. Regional and international real estate investors, brokers and developers from the Middle East, Europe and Asia Pacific will participate in the event to provide the latest insights into the market. – arab trade news agency
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