Working remotely became quite the vogue during the pandemic. Digital nomads had been wise to the movement prior to this and it has gained momentum ever since. But just what does remote mean for investors in 2024?
Before we address the latest remote working situation for investors, let’s define the meaning of remote work. According to the Cambridge Dictionary, remote working is “the practice of an employee working at their home, or in some other place that is not an organization’s usual place of business.”
The National reveals how the UAE has emerged as a hotspot for remote cross-border jobs. In the first half of 2022, remote hires from the UAE doubled in comparison with the corresponding period in 2021. That was year when the UAE launched its very own digital nomad visa.
Essentially, remote work’s an agreement between employer and employee that allows the latter to work outside the office. Be that at their private address, a coworking space, a cafe, or the beach. Have laptop, will travel.
Remote work is also known as teleworking and is connected to hybrid work. This means that you split your time between office and home etc. But, as we shall see, investors are not tied to the demands of employers.
As an investor, you’re typically an entrepreneur. You could well be a HNWI. Either way, you run your own business and you’re your own boss.
This gives you licence to work from anywhere. Perhaps you’ll like to operate from the powdery sandy shores of the Caribbean? If so, you can obtain Residency by Investment in Anguilla, a programme we helped design and set up.
But maybe you want a quicker route to a second passport? If so, Citizenship by Investment is a better option. Take your pick from the five following Eastern Caribbean countries:
Or is an European base what you crave and the chance to grow your business across the European Union? This is where a golden visa can come into play. You can enjoy visa-free business and leisure travel across the Schengen Zone.
Europe’s premier Residency and Citizenship by Investment country is Malta. Unlike in Greece, Portugal, and Spain, this Mediterranean island group offers more than mere residency. As well as the Malta Permanent Residence Programme (MPRP), there’s Maltese Exceptional Investor Naturalization (MEIN).
No longer do investors have to operate in close proximity to Dubai or Mumbai. Your office space is not confined to four walls but extends all around the world, thanks to Residency and Citizenship by Investment. So, if you want to find an investment migration programme tailor-made for you, don’t delay and contact RIF Trust today.