In recent years, Dubai has emerged as a preferred destination for wealthy Indians looking to invest in real estate. There has been a significant surge in the amount of money wealthy Indians are sending abroad under the Liberalized Remittance Scheme (LRS). In FY24, Rs 3,173 crore were transferred, marking a 17 percent rise from the … Read more
Cash-strapped Sri Lanka announced on Tuesday it would sell long-term visas to attract desperately needed foreign currency after the island nation ran out of dollars to pay even for food and fuel. Foreigners who deposit a minimum of $100,000 locally will be granted permission to live and work in Sri Lanka for 10 years under … Read more
DUBAI: Dubai said the economic growth rate could increase by up to 1% because of plans by the United Arab Emirates to extend to more categories a “golden” visa system which grants 10-year residency in the Gulf state. Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. … Read more