Expo 2020 to drive more in­vest­ments to the UAE

Gulf Today - - Business -

DUBAI: With the run up to Expo 2020, ex­perts in the in­vest­ment in­dus­try believe that Dubai’s long-term in­vest­ments are set to in­crease, par­tic­u­larly from high-net-worth in­di­vid­u­als (HNI) who con­sider UAE an ideal op­tion to in­vest as com­pared to other coun­tries. “HNIS con­sider the UAE as a pre­ferred op­tion for in­vest­ment given the zero-in­come tax, bet­ter life­style, global con­nec­tiv­ity and much more. In ad­di­tion, the in­tro­duc­tion of the long-term visa gives more con­fi­dence to in­vestors to in­vest in the coun­try, as it not only prom­ises guar­an­teed re­sults, but also drives sta­bil­ity,” said Varis Sayed, the CEO of Fin­casa Cap­i­tal, a global fi­nan­cial ad­vi­sory firm of­fer­ing Ci­ti­zen­ship and Res­i­dency In­vest­ment Im­mi­gra­tion So­lu­tions.

To drive more in­vest­ments to the coun­try this year, Fin­casa Cap­i­tal has or­gan­ised var­ied road­show around the world invit­ing com­pa­nies and in­vestors to in­vest in Dubai. This month the com­pany has events lined up in Los Angeles, Miami, Florida Lima, Peru and In­dia. The com­pany is also set to open more of­fices this year to dou­ble the size of its ex­ist­ing team.

“We are con­fi­dent that Expo 2020 Dubai will bring new type of vis­i­tors in­ter­ested in start­ing busi­ness and look­ing for in­vest­ment op­por­tu­ni­ties. The road­shows are aimed at driv­ing in­vest­ments from not on­lyestab­lished­busi­nesses,bu­tal­sostar­tups,”added Sayed. The UAE is a per­fect des­ti­na­tion for star­tups to com­mence their busi­ness. The gov­ern­ment not only pro­vides them ex­cel­lent in­fra­struc­ture, but also of­fers great op­por­tu­ni­ties to launch their start up. It is re­ported that this year sev­eral star­tups from the USA, Canada and Eu­ro­pean Union will set up busi­nesses in the UAE along­side Expo 2020, with in­vest­ments worth 40 bil­lion ex­pected to be flow in the coun­try.

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