The 13th International Property Show (IPS) will take place at the Dubai International Convention and Exhibition Centre on the 2-4 April, and marks the fifth straight year that the event has been held in the UAE’s largest city. Significantly, this year’s IPS will focus for the first time on the growing importance of the CBI and Golden Visa industry to the world’s property markets.
Few global industries remain as increasingly compelling – and competitive – as real estate. Whether it be family homes, holiday apartments, luxury villas and mansions, tower blocks or shopping malls, the real estate industry never stops evolving, with both developers and purchasers demanding more and more “bang for their buck.”
Foreign property investment is ever-increasing phenomena, and one that many countries now rely on for their development. Whether it be vast, economically built housing estates for the masses, the latest attempts of Russian billionaire oligarchs in the downward construction of London’s “underground mansions” to the newest Chinese-funded ultra-modern high-rise apartment block in an already overly crowded central Vancouver, much of today’s real estate is funded by and purchased by foreign investors.
Of course, Middle Eastern billionaires have long been involved in both high-end construction in Western Europe and North America, as well as purchasing much of the most desirable real estate in cities like London, Paris and New York. As the annual International Property Show (IPS) enters its fifth straight year in Dubai, it has clearly become the Middle East’s largest platform for property sales, both locally and in the global real estate markets. The IPS was first held in 2001, and before settling in Dubai, had taken place in such international locations as Beijing and Moscow.
IPS And AIM Same Date, Location And Venue
Since 2013, Dubai has been home for the IPS, and it has become not just the largest Middle Eastern real estate showroom but also one of the world’s foremost property marketplaces, with property purchasers and real estate developers, architects and designers from all corners of the globe able to meet and do business at both a regional and international level.
The IPS is held in conjunction with the 2017 Annual Investment Meeting (AIM), under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and ruler of Dubai. The Annual Investment Meeting features representatives from 30 countries including the US, UK, France, Germany, Russia and China, which focuses on foreign direct investment (FDI) in growing global markets. The International Property Show gives real estate buyers and sellers the ideal platform with which to explore the best local and international investment opportunities in the real estate market.
Six Great Reasons to Visit The 2017 IPS In Dubai
- Discover the very best deals on residential and commercial properties
- Network with other real-estate sellers, top-flight investors as well as international government representatives looking for potential FDI from all over the world
- Discover the very latest investment opportunities, and become privy to the hottest product launches, both locally and internationally
- Stay updated with the latest developments and insights in the global property markets and investment industries
- Learn the latest methods, insights, techniques and trade secrets from the international real estate market, and learn how to get the very best returns from your own investments
- Last but not least, get to discover, return to or reconnect with Dubai, the unmistakable and amazing “Jewel of the Middle East”
2017 Dubai IPS To Focus On CBI And Golden Visa Industry
Thanks to modern technology and a global abundance of crude oil, the world has never been smaller, nor easier to see – for some of us. Those individuals lucky enough to have been born in Europe, North America, Japan, Australasia and several other locations have always enjoyed the freedom a powerful passport brings. A passport’s power is measured by the amount of countries one can visit using it, without the need of a visa. Any passport with access to 150 countries or more visa-free is considered powerful.
A hard-working, ambitious business person from Africa, Asia or the Middle East, keen to expand their business dealings to other countries, will know the frustration of owning a weak passport and constantly having to apply for visas. Even citizens of such powerful economies as India and China own shockingly weak passports, both of which have access to around 50 countries. Not surprisingly, the single biggest consumers of second citizenship are the Chinese.
Many countries are now opening their doors to residency and citizenship by investment, which gives individuals from the Middle East, Africa and Asia the opportunity to acquire second citizenship and a powerful new passport. Western Europe in particular, with its vast and ever improving economy, has multiple countries with citizenship by investment (CBI) and Golden Visa programs. The Caribbean, world renowned as a tax haven with discreet offshore banking, also has several countries that offer excellent second citizenship programs.
In recognition of the second citizenship industry and out of respect to its growing importance in the world’s property markets, the 13th International Property Show will for the first time focus on investor programs for global residence and citizenship. The IPS will feature programs that offer investors flexible investment programs with clear legal requirements for easy access to European countries, in addition to the best in real estate and properties from across the world.
How important have second citizenship programs become to some countries? Portugal has sold over 4,000 Golden Visas since 2012, all of which required a €500,000 property purchase. In Vancouver, Canada, over 100,000 Chinese millionaires have purchased luxury properties in return for investor visas. A decade ago the Caribbean island nation of St. Kitts and Nevis was bankrupt, its citizens destitute. Today, thanks to the sale of thousands of CBI programs, St. Kitts and Nevis is a thriving, prosperous country. There are similar success stories in Hungary, Cyprus, Greece, Malta, Grenada and Dominica, to name just a few.
Clearly, the second citizenship industry is here to stay, and that is reflected by an event as prestigious as the 13th International Property Show awarding it with the respect and attention it deserves.