QUICK FACTS Full name: Republic of CyprusCapital city: NicosiaPopulation: 1,268,467 (2024) GDP in current prices: USD $47 (2024)Area: 9,253 km²Currency: Euro (€) (EUR)Ease of doing business index: 54th (2020)Time zone: GMT +2Dialling code: 357 Cyprus is an island country situated in the far eastern…
Culture Shocks Facing Russians Abroad
Imran Hussain In the first of our “Culture Shocks” series we focused on the difficulties individuals from the Arab states may encounter when relocating to a country that embraces Western culture, such as the obvious candidates of the USA and the UK. In…
Megacities
Imran Hussain Megacities are cities with populations of more than 10 million citizens and are a prime target for looking to make investments in real estate. There are currently 28 mega cities in existence, but by 2030 it is predicted that number will…
Latvia – Act Fast or Miss Out
Imran Hussain Latvia is a small European state located next to the Baltic Sea that’s positively swimming with diverse cultures and a wide range of landscapes. It has a very strong national identity and takes much of its pride from its beautiful capital…
Dominica: The Frugal No-Brainer?
Imran Hussain The mountainous Caribbean island nation of Dominica may not be on the radar of many high net-worth Arab individuals, but it should be for a multitude of reasons. Dominica is the lowest cost option for wealthy individuals seeking to obtain citizenship…
Citizens of Europe: The “Europe for Citizens” funding programme for the period 2014-2020
Luke Cloherty Introduction On 14 April 2014, the Council of the European Union unanimously adopted a regulation setting up the ‘Europe for Citizens’ programme for the period 2014-2020. This EU programme offers funding support in two main areas: European Remembrance: This strand…
Wealthy Arabs Heading Overseas for Medical Treatment
Luke Cloherty High wealth and good health are, of course, two objectives most human beings look to attain and maintain during the course of their lives. Indeed, the two are generally linked to each other, with life expectancies far higher in parts…
Family Trusts
Luke Cloherty Introduction In the last issue of Citizenship by Investment we brought you an overview of trusts and their applicability to you finances and assets. Over the course of the next few issues we’ll be looking into different types of trusts…
Real Estate: What Ownership of Property Abroad Can Do for Arab Natives
Luke Cloherty The Need for Property Abroad High-net worth individuals rather clearly understand the need to invest their money into profitable and sensible assets and schemes. For high-net worth Arabs this is, of course, no different and investing in real estate abroad…
Superyachts in Spain’s Truly Global City: Barcelona
Luke Cloherty In 1992 Barcelona was transformed. As the host city of the Olympic Games that year, the Catalonian capital was under the World’s looking glass. Its superbly well run games and extreme beauty and vibrancy gave it a gravitas that other…