{"id":56370,"date":"2021-03-07T14:17:57","date_gmt":"2021-03-07T19:17:57","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=56370"},"modified":"2021-03-07T14:21:19","modified_gmt":"2021-03-07T19:21:19","slug":"investment-immigration-demand-spikes-as-uae-expats-seek-protection-from-future-lockdowns","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/investment-immigration-demand-spikes-as-uae-expats-seek-protection-from-future-lockdowns\/","title":{"rendered":"Investment Immigration Demand Spikes as UAE Expats Seek Protection from Future Lockdowns"},"content":{"rendered":"
Demand for Portugal\u2019s golden visa<\/a> and citizenship by investment programs of St. Kitts and Nevis<\/a> as well as St. Lucia<\/a> have spiked among the expat residents of the United Arab Emirates. The reason? Travel restrictions brought forth by the COVID-19 pandemic.<\/p>\n The UAE has a large population of expats from countries like India, Iraq, Lebanon and Palestine. They have been hardest hit by the restrictions on travel and mobility imposed across the world as a strategy to combat the pandemic.\u00a0<\/span><\/p>\n Located away from their homes and loved ones, these expats have had no choice but to wait for the travel restrictions to be lifted. This situation has highlighted the advantages of holding a second passport.\u00a0<\/span><\/p>\n Being the citizen of a country with zero pandemic cases can help expats stay with their families during troubled times. This is the primary reason why enquiries have risen by more than 60 per cent and applications have risen by 30 per cent even during the outbreak.\u00a0<\/span><\/p>\n The right to travel with minimal visa or permit procedures is a powerful advantage for not just expats but young businesspeople, entrepreneurs, and professionals.<\/p>\n A weak passport can lock you out of numerous career and business opportunities simply because you were forced to waste time waiting for the visa.\u00a0<\/span><\/p>\n Further, the pandemic has highlighted the unpredictability of life, which means having a Plan B in hand is always better than hoping to avoid problems and contingencies.\u00a0<\/span><\/p>\n Read more<\/strong><\/p>\n Wealthy Americans Look for Secondary Residence and Citizenship<\/a> Investors have always looked beyond financial parameters when comparing investment immigration programs. However, the pandemic has shifted focus further on countries that offer a safe refuge from health risks through non-congested cities and access to quality healthcare and social services.\u00a0<\/span><\/p>\n This is why UAE applicants who are looking at CIP options in the Caribbean as well as golden visas in the EU.\u00a0<\/span><\/p>\n Buy a property for \u20ac500,000 and qualify for permanent residence in the EU with minimal formalities or physical residence requirements.\u00a0<\/span><\/p>\n Living in Portugal for five years qualifies you for a citizenship application. As a citizen of Portugal, you will enjoy visa-free access to 27 EU countries and can study, work, or even settle across the EU.<\/p>\n The Caribbean is the best option if you are looking for an affordable second passport. Some programs offer economic citizenship for as low as $100,000. You can get a passport for yourself and all eligible family members for the cost of a golden visa in Portugal, Spain, or Greece.<\/p>\n Advantages of Caribbean citizenship include life away from congested cities, access to quality healthcare including the option of flying to the US for treatment, and a relaxed lifestyle surrounded by the most beautiful beaches and bays in the world.\u00a0<\/span><\/p>\nConnection between the Pandemic and Investment Immigration Demand<\/h3>\n
Travel Privileges: A Powerful Advantage<\/h3>\n
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\nFalling SIV Demand, Processing Delays Spell Trouble for Australian Startups<\/a>
\nUAE Candidates Leading Demand Boost For Caribbean Citizenship Programs<\/a><\/p>\n
\nPandemic Impact: Isolated Destinations with Good Health Infrastructure<\/h3>\n
Portugal<\/h3>\n
The Caribbean\u00a0<\/span><\/h3>\n