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Now Investment of a minimum of Dh750,000 in Dubai Property can help you in Visa.

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Dubai Property can help you in Visa know how

Investment of a minimum of Dh750000 in Dubai property can help you in Visa. The Visa offer applies to freehold residential properties. 

Three year visa in Dubai:

According to the Dubai Land Department’s website report. The minimum financial condition to apply for a three-year visa through Investment in Dubai’s rising residential property market came down to Dh750000 from Dh1 million. Investment of a minimum of Dh750000 in Dubai property can help you in Visa.

Dubai Property can help you in Visa

Dubai Property can help you in Visa

Visa Facility in Dubai:

The visa facility, open through DLD’s Taskeen Programme. It allows a person who owns assets valued at Dh750,000 or more at the time of getting to apply for a three-year renewable residency visa with a plan for sponsoring the wife or husband.

Consultants in Dubai:

Consultants said lowering the property level would give an added incentive to Dubai’s real estate market. Exceptional rebound and rising global investor appeal on the cusp of the biggest international event in the region. Expo 2020 Dubai, opening on October 1.

Off-Plan Properties:

In August 2021, 55 per cent of all businesses transactions were for small/ready properties. And 45 per cent were for off-plan properties. According to a residency law specialist, documents required for applying for this type of Visa include the investor’s passport. You also need automated copy of the title deed certificate. 

The applicant must have a home with a minimum value of Dh750,000. If the Property is a mortgage, 50 per cent of the property value or at the smallest Dh750,000 is to be given to the bank. A non-objection letter in Arabic and a mortgage bank account will be needed to proceed with the visa application.

Sharing Property in Dubai:

According to the sources from the website, the couple can share one Property, and an give marriage certificate. If a third party applies on behalf of the investor, power of attorney is must. In addition, a no-objection letter from the father, given by the notary public (if the mother is the sponsor), is must for obtaining children’s visas.

Investors in a jointly-held property can apply if each individual’s share is worth at least Dh750,000, said the specialist.

The Property must be in private residential property and not in business properties. The visa offer applies to private freehold properties only, and it is not likely to apply for this Visa with an off-plan property. The visa time varies between three to five years and keep as high as the investor owns property.

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Digital currencies Bitcoin, Ethereum, Dogecoin’s ongoing downfall continues.

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Digital currencies 2022

After touching a sky-high of $68990.90 in 2021 Crypto and other Digital currencies Bitcoin, Ethereum continues to go in another direction. 

cryptocurrency

cryptocurrency

Digital currencies Bitcoin and all are having a tough time moving positive side from past few weeks. After touching record, high Bitcoin is constantly falling in downside. 

The biggest Crypto has fallen by 1%, which is not a small margin for any investor. Currently, it is moving around $42000 level. Bitcoin’s other digital assets like Ethereum and Dogecoin are also falling down from their high. 

Digital currencies 2022

Digital currencies 2022

Also read about Chamath Palihapitiya Billionaire view on China’s abuses on Uyghurs.

Upperside expected:

All the investors who are into this business are still optimistic. Despite ongoing volatility, they feel digital currencies will see a new high in 2022. But in reality, if you see Crypto has fallen by 30% from the top. 

Use of digital currencies worldwide:

On the other side use of digital currencies is growing in many countries. It is a good sign now people believe in these currencies. From Germany to the U.K. and the U.S., every nation’s residents use this currency and are bullish about the positive future. 

More than 75% are keen to buy crypto products worldwide. So in the next 12 months, we can expect much more highs in this field. Investors who have already invested can remain in the market for a longer time. More joys to come in 2022, say experts. 

Investing approach has changed with Crypto coming into existence. People want something new in the market. So we can expect digital currencies to grow more in 2022. 

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Chamath Palihapitiya Billionaire feels it’s disappointing ‘no one cares about Uyghurs in China.’

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Chamath Palihapitiya Billionaire

In his recent Podcast, Chamath Palihapitiya Billionaire investor, talked about abuses happening with Uyghurs in China. It’s sad no one in the world is damn caring about what’s happening with the Uyghurs community in China. 

Torcher happening with Uyghurs and other Muslim minorities is sad. It is forced labor work and mass torching of communities that are not Chinese. Said Chamath Palihapitiya Billionaire investor.

Chamath said he is concerned about the supply chain, climate change, and Health system of America. China taking over Taiwan and Uyghurs facing problems is also a big concern. 

Billionaire investor Chamath Palihapitiya began a backlash on social media after speaking during a recent outbreak of his podcast that “nobody cares” about the ongoing human rights vitriols against the Uyghurs in China.

90 minute podcast of Chamath Palihapitiya investor:

In his 90-minute episode, Palihapitiya told co-host, Jason Calacanis, on their “All-In” podcast that he would be fibbing if he said he oversaw the Uyghurs, an ethnic Muslim minority in China’s northwest province of Xinjiang.

Every time I say that I care about the Uyghurs, I’m just lying if I don’t care. And so, I’d rather not lie to you and tell you the truth; it’s not a focus for me,” said Palihapitiya, a happening capitalist who owns 10% of the NBA team, the Golden State Warriors. From BBC.

Chamath Palihapitiya A Refugee:

Chamath also said as a refugee, my family flew a nation with its own set of human rights problems. So this is something that is very much a piece of my lived background,” said Palihapitiya, who was born in Sri Lanka. To be precise, my view is that human rights matter, whether in China, the US, or elsewhere. 

White house on human crimes in China:

The White House told a diplomatic boycott of the 2022 Winter Olympics in Beijing, citing “ongoing genocide and offenses against humanity in Xinjiang and other human liberties abuses.” This was in last month, December 2021. 

UN bureaucrats have earlier voiced worry over Beijing’s extreme measures of stopping those who condemn the Chinese Communist Party.

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In 2022, the UAE startup sector’s growth will be unstoppable

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UAE startup sector's growth

Despite the pandemic impact, In 2022 the UAE startup sector’s trajectory is unstoppable. As the industry has maintained its top position in terms of funding and deals in 2021.

The inaugural Magnitt Emerging Venture Markets Report reveals venture capitalists’ (VCs’) rush into emerging venture markets (EVMs) for growth. Magnitt’s new report includes EVMs from the Middle East, Africa, Pakistan, and Turkey.

“2021 has been more than just a record-breaking year for VCs; rather, it has been a defining year,” said Philip Bahoshy. CEO and founder of Magnitt, the leading data platform covering Venture Capital in Emerging Venture Markets.

The report reveals unprecedented regional and global investor participation across markets, a new record of funding in Emerging Venture Markets exceeding $6 billion. And the fact that fintech is the leading industry amid exceptional growth in T&L and e-commerce.

The UAE-based startups maintained their first-place ranking by raising $1.2 billion in 155 transactions. Meanwhile, Saudi Arabia surpassed Egypt to take second place in funding in 2021, after VC investment in the country increased by 270% year on year.

The Mena region saw $2.6 billion in VC funding in 2021. The highest amount is ever seen in the region, with 590 transactions and 35 startups announcing exits.

This scalability has resulted in regional players, which have emerged organically through expansion or inorganically through cross-market acquisition. Success stories demonstrating the latter include Nigerian HealthTech Helium Health acquiring Qatari Meddy. UAE-based Trukker acquiring Pakistan-based Trucksher, and UAE-based Fenix acquiring its Turkish counterpart Palm,” added Bahoshy.

UAE startup sector's growth

UAE startup sector’s growth

Scale is the name of the game, or without a doubt, a big prediction for 2022 will be more companies expanding across geographical borders. In light of this, what excites us the most at Magnitt is ensuring the information transparency required to break down these silos and detail the landscapes of previously opaque markets.”

“2021 has been an extraordinary year for the region’s venture capital industry,” said Basil Moftah, General Partner, Global Ventures. Mena’s ecosystem was in overdrive this year, with fundraising and deal-making at an all-time high. Whether it’s record-breaking funding, growing appetites for later-stage transactions, the increasing occurrence of diverse deal types (from M&A to venture debt), or an increase in the number of mega-rounds, the region is signaling maturity.

Underpinning these quantitative metrics is a pool of increasingly sophisticated entrepreneurs. Who are building world-class tech solutions and demonstrating year after year that some of the most exciting opportunities of tomorrow will come from emerging markets.”

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