The country’s residency-by-investment programme is popular due to the high-end lifestyle and low-tax jurisdiction it offers to the well-heeled high net worth individuals, but it does not provide a pathway to citizenship. To tap the rising demand for 'golden visas’, US President Donald Trump recently announced plans to introduce a Gold Card visa – US citizenship for $5 million (about Rs 44 crore)...
by Aiza Amistad
In 2029, Dubai’s first skyscraper, the World Trade Centre, will turn 50 years old. When it was built, the 39-storey tower was an outlier, an ambitious spindle that stuck out in a low-rise landscape. Now it’s almost hard to see, dwarfed by soaring new additions. The first rash of those skyscrapers went up around the turn of the century, continuing until the Great Recession of 2008 upended the...
by Aiza Amistad
Growing population and buoyant economy have fuelled four-year bull run, but some warn rising prices are unsustainable Dubai’s property market is racing towards a record bull run, with the Middle Eastern commercial hub’s buoyant economy and swelling population fuelling the longest price rally since the eve of the 2008 financial crash. Properties in Dubai sold for an average of Dh1,750 ($476.50)...
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