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Developed countries attract foreigners. It can be a business trip, a vacation, a romantic trip, or even a relocation. Yes, yes, many users are seriously thinking about obtaining a second passport for comfortable business, as well as freedom of movement. They consider countries with a comfortable climate, beautiful landscapes, and developed infrastructure for these purposes. Such countries as Spain and Dubai are considered excellent options for this purpose.

Spain is considered to be a popular vacation destination. Located in Southwestern Europe, the country is admired for its majestic views and high standard of living. People with rich history, unique cultures, and traditions live here. One can join them by applying for a Spanish Golden Visa.

A dynamic economy and world-class amenities are all available in the United Arab Emirates. The government has developed investment options that allow applicants to reside and work in the UAE. This issue is covered in more detail at immigrantinvest.com.

Spain Golden Visa Program

Spain, with its attractive qualities, is in great demand by investors. The government has prudently calculated the investment amount and developed a mutually beneficial program for issuing Spain Golden Visa to develop the economy and attract investors. Foreigners can purchase real estate or invest in a company, enjoy social benefits (their relatives included), and bring their business to the international level.

Features and Benefits

Spain attracts foreign residents with favorable living conditions and the opportunity to develop and bring their business to the European market. There are other advantages as well:

  • high level of health care system;
  • quality education in English, French, German, Italian, Japanese and Chinese;
  • developed infrastructure;
  • the opportunity to apply for citizenship.

In addition to the investor, the right to relocate is granted to the investor's spouse, children, and financially dependent parents.

Investment Ways

Participation in the program involves making one of the following investments:

  • purchase of a real estate object for the amount of 500,000 euros or more;
  • investments in investment funds, bank deposits, or securities in Spanish financial institutions (from €1,000,000);
  • investments in government bonds (from 2,000,000 euros).

It is mandatory to provide documentary evidence.

It is allowed to invest in the business, guaranteeing employment for Spanish citizens, and participate in the innovative development of science and technology. 

Application Process

A user who has reached legal age with a clean record and a sufficient amount on his current account can apply for a Spanish investor visa. It is best to use the services of a reliable company. The documents should be filled out according to the established form, supplementing the package with accompanying documents. The first stage includes applying for a Spanish residence visa in the user's country. The second stage involves applying for a residence permit in Spain. The first stage can be skipped in the case of staying in Spain on a tourist visa.

UAE Golden Visa Program

Foreigners are often interested in this option. This is understandable because a UAE residence visa gives an opportunity to live, get a job, and receive an education in a developed country. Its validity period is ten years, with the possibility of further extension for another ten years. According to the expert of Immigrant Invest Vladlena Baranova, the UAE Golden Visa can be obtained by investors, business representatives, researchers in various fields of science and knowledge, as well as people with unique talents. This list also includes promising students.

Features and Benefits

Program participants are attracted by the undeniable advantages such as:

  • business, family travel, or moving to one of the wealthiest and most developed countries in the world;
  • flexible tax system;
  • saving money, making international transfers in reliable banks;
  • getting a driver's license;
  • access to social services (medicine, education and so on);
  • relocation of family members;
  • getting an Esaad privilege card.

You also get a unique opportunity to get a second passport.

Investment Ways

The country's government offers two options for getting a residence permit when applying for an investor visa in Dubai. In the first case, the residence permit is allowed for ten years. Requirements: purchase of real estate for the amount of 2,000,000 UAE dirhams. The second option involves obtaining a two-year residence permit (minimum investment amount is 750,000 UAE dirhams).

Application Process

You must register an application on the UAE Federal Identity and Citizenship Authority (ICA) website. In the online form, fill in your personal details and select the category you think you belong to. Each person entering the UAE is automatically assigned a Unique Identification Number, which should also be entered. 

Read the results of the application review within 30 days of submission.

Spain or UAE Golden Visa?

How do you choose a destination that will meet the requirements? You should contact the company for a detailed consultation and a comparison of each country. Then, choosing an option for further residence will be much easier.



Posted by : GoDubai Editorial Team
Viewed 5625 times
Posted on : Wednesday, December 6, 2023  
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