{NAME}, Why seniors are swapping Florida for Dubai

Explore why retirees are now eyeing Dubai's luxurious lifestyle over Florida's serene coastline. October 19, 2023 [image] [Event]() | [Your Citizenship]() Welcome to the Weekly Rundown. This week, we spotlight Europe’s welcoming embrace to expat families, with Vienna leading the charge as a haven of affordability, safety, and endless family adventures. Yet, the tale spins beyond to unveil a spectrum of cities, each offering a unique blend of security, leisure, and vibrant childhood experiences. Whether it's the captivating capitals with a smorgasbord of kids' activities or the serene Swiss cities promising safety at a premium, the narrative is rich with choices. Why Retirees Are Trading Florida for Dubai's Luxury Oasis [image]( On the spotlight is Dubai once again, the city challenging Florida's retirement haven status. Its citizenship programs, offering long-term residency through real estate investment, are enticing retirees worldwide. The housing spectrum ranges from amenity-rich condos to opulent beachfront villas, catering to a variety of lifestyle desires. Beyond a luxurious destination, retirees are captivated by Dubai's diverse recreational landscape, from golf to gourmet dining. This shift isn't merely geographical; it's a bold statement of the expansive and exciting retirement choices unfolding in today's global scene. Read the full story [here](. [image] Where Expat Families Are Moving for Culture and Safety [image]() A recent study by life insurance broker Reassured unveils the most family-friendly cities in Europe for expats, crowning Vienna as the champion for its affordability, ample recreational spaces, and low crime rate. The report casts a spotlight on the appealing blend of safety and activities for children, not just in Vienna, but extending to other Austrian cities and beyond to bustling capitals like Rome and London, known for their plethora of kids' activities. However, the narrative also delves into the high cost of living in Swiss cities and the challenges faced by expat families in less favorable urban environments like Manchester, revealing a diverse spectrum of experiences awaiting families seeking a fresh start in Europe. Read the full story [here](). [image] Portugal - The Rise and Impending Fall of a Retirement Paradise [image]() Portugal's ‘golden visa’ has been a magnet for British retirees, drawn to the Algarve’s idyllic shores, low taxes, and affordable real estate. The visa, a boon for foreign investments, offers residency in exchange for property purchases of €500,000 or more, with a mere 10% tax on foreign-sourced pension income for 10 years. However, this allure is facing dusk as Portugal's socialist government eyes its termination, echoing a broader European trend to shut such schemes for affordable housing and tax fairness. While current beneficiaries will retain their privileges, the window for new applicants is fast narrowing, potentially rerouting the retiree influx to other welcoming European shores. Read the full story [here](. [image] [image]() NOMAD CAPITALIST LIVE: WHERE YOUR NEXT CHAPTER BEGINS Feeling stuck in the crowd? Yearn for a seat at the top table? Dive into the inner circle of world-class Nomad Capitalists. [JOIN THE WAITLIST]() UAE's Golden Gateway: Your Comprehensive Guide to the Golden Visa [image](=) The UAE Golden Visa, a 10-year renewable residency permit, welcomes exceptional talents to live and work in the UAE under self-sponsorship. With categories for property owners, high-ranking managers, and special talents, it offers tax benefits, and investment, education, and retirement opportunities. Besides long-term residency, it allows for extended stays outside the UAE and multiple-entry privileges. Alternative visa options exist for those ineligible for the Golden Visa, ensuring various pathways to embracing the UAE's offerings. Read the full story [here](. [image] Hong Kong's Golden Gateway: HKD 30 Million Entry for the Elite [image]( Hong Kong is poised to reintroduce its Capital Investment Entrant Scheme (CIES), aiming to allure global capital and talent. Initially unveiled on February 22, 2023, the details of the revised scheme are yet to be disclosed. However, speculation hints at a substantial investment requirement of HKD 30 million, a steep climb from the former HKD 10 million threshold. The G19 members of Hong Kong's Legislative Council propose that the scheme should support investments in non-residential properties and Hong Kong's infrastructural ventures, contrasting the old scheme that ceased in 2015. The government is expected to unravel the full details of the new CIES policy on October 25, aligning with the release of the Chief Executive's policy address, potentially cementing Hong Kong's status as an enticing hub for affluent investors amidst its rivalry with Singapore. Read the full story [here](. [image] EU Flags Belize, Seychelles, and Antigua as Hidden Havens [image]( The EU Council has broadened its "non-cooperative" tax havens list, incorporating Seychelles, Belize, and Antigua and Barbuda, citing their inadequate tax information and governance transparency. These additions join the ranks of 16 others, including Russia and Panama. This move, part of the EU's wider strategy, influences diplomatic and economic interactions, intensifies monitoring of transactions related to these regions, and restricts certain EU fund channels. Despite Belize's pledge to improve, its government condemns the listing as unjust. Critics argue the list's effectiveness is undermined as it exempts major economies and EU member states with similar tax transparency ratings. Read the full story [here](). [image] [image]( DO YOU WANT TO SAVE $3K ON PREMIUM GLOBAL CITIZENSHIP SERVICES? Leverage our real-world expertise, covering 31 tax-friendly countries, 28 citizenships, and more. Tailored strategies for discerning individuals like you. Act before October 31st, 2024. [LOCK IN AT TODAY'S RATE]() EU's Visa Clampdown: Investor Citizenship Schemes Under Siege [image]() The European Commission is proposing to tighten the Visa Suspension Mechanism by including the operation of investor citizenship schemes as a basis for suspending visa-free travel to the Schengen area. The proposal aims to address emerging challenges tied to visa-free travel and enhance the EU's capability to react promptly and effectively. Specifically, the Commission is alarmed by the Caribbean CBI countries allowing name changes post-naturalization and the high acceptance rates in these programs, signaling potential security risks. This move could drastically affect countries with citizenship by investment programs as it threatens to revoke their visa-free access to the EU. Read the full story [here](). [image] Indonesia's Golden Ticket: A Visa Ploy for Investment Longevity [image]() Indonesia's 'golden visa', aimed at attracting heavy-duty investors, is a part of President Jokowi's long-term vision towards achieving significant capital for development by 2045. The visa grants a hassle-free 10-year access to the country, subject to a minimum investment of US$5 million. The initiative, already drawing the likes of tech entrepreneur Sam Altman, is part of a broader plan encompassing downstream production, digitalization, enhanced connectivity, and village funding. The success of this initiative, essential for infrastructural and technological advancements, must withstand the political transitions beyond Jokowi's term. Read the full story [here](=). [image] Tory Disunity Unleashed: Tax and Leadership Tiffs Mar Conference [image]() On the opening day of the Conservative conference, Rishi Sunak's effort to present a united front crumbled as factions sparred over tax, culture wars, and next Tory leader prospects. The prime minister's reluctance on tax cuts ahead of elections faced backlash, notably from Michael Gove and Liz Truss, who aimed for reduced personal and corporate taxes respectively. Truss's call for conservative value revival and policy alterations echo discord within the party, fueling concerns over inconsistent messaging as the general election looms. Amidst a tumult of policy propositions and conflicting visions, the cohesion and discipline within the Conservative ranks seem to be put to the test. Read the full story [here](). [image] [image]() HIDDEN IN YOUR HERITAGE: A PASSPORT JUST FOR YOU Did your family tree leave you a global gateway? Discover it now. [GET WHAT YOU DESERVE]() Stricter Path to Finnish Citizenship: A Test of Integration or A Barrier? [image](=) Finnish Interior Minister, Mari Rantanen, unveiled plans to enforce stricter citizenship laws, including longer residency requirements, increased income prerequisites, and a proposed citizenship test to ensure successful integration of applicants into Finnish society. The move, advocating for more rigorous language and citizenship tests, aligns with the Finns Party's longstanding stance on tighter immigration controls. While the reforms aim to reward successful integration, critics may see it as a potential hindrance to attracting work-based immigrants. The legislative shift, expected to be tabled in Parliament by next spring, reflects a broader European discourse on immigration and national identity. Read the full story [here](). 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