A second citizenship in the UAE can potentially open up more business opportunities to you. However, you have to choose the right program that is suitable for your objectives or motives. Aside from offering increased business options, the right program can enhance your freedom and provide insurance against instability. Here are some of the factors to consider before you apply:
Citizenship-by-investment – This is by far the most established program to obtain a second citizenship in the UAE. However, you have to make sure it will provide the security you need in case policies change down the line. With a secure program, you do not have to worry about your citizenship being revoked.
Length of time to secure the citizenship – You will want the application process to go smoothly and quickly as much as possible, especially with the threat of environmental concerns and changing political situations. If you are in a hurry, there are reputable companies that can help ensure a seamless and fast application process.
International memberships – These along with global agreements will make sure that citizens of certain countries are not isolated and can experience more respect, freedom, and security globally. These arrangements may also offer preferable trade conditions.
Global mobility – Investors are motivated to apply for second citizenship in the UAE for global mobility. Just make sure that the passport you will get is considered strong and relevant in the countries where you plan to visit.
The benefits to you – Dual citizenship may provide tax benefits for you and your business. For instance, certain countries will only tax the income from a particular country and won’t require capital gains taxes. This way, investors could effectively and efficiently manage their wealth.
Quality of life – Second citizenship could provide you with better access to world-class education and healthcare, and an overall better lifestyle.
The requirements – Find out what is required to get a dual citizenship in the UAE. Keep in mind that foreigners must be nominated by UAE officials or royals, and the Cabinet of the country has the final say. The UAE may allow special talents, investors, professionals, and their families to qualify for citizenship and passport, but under certain conditions.
About the Author:
ICITYZEN is the leading Second Citizenship and Passport provider agency that provides citizenship in various locations like Malta, Dominica, Portugal, etc., at a competitive rate. Along with the second citizenship program, we offer visa-free access to over 100+ Countries. Get the dual citizenship program by investing in real estate and some contributions.