Daily Mirror - Print Edition

Dubai-based consultancy firm providing investment opportunities for Lankans

19 Sep 2022 - {{hitsCtrl.values.hits}}      

As one of the world’s most fastest-growing economies and an attractive investment destination Dubai is in fact the business hub in the Middle East. It’s diversified economy with various industries has provided opportunities for many entrepreneurs from around the world. It is in this backdrop that Raes Associates has been providing consultation services and the required assistance to setup business operations in Dubai for potential Sri Lankan businesses since 2012. 

The Company therefore provides everything from detail information to consultations, representation and support services for professionals, families and businesses who have plans to move to Dubai. As such it has already incorporated more than 50 companies belonging to Sri Lankans in Dubai and across UAE. Some companies have been setup as subsidiaries of Sri Lankan operations which would help expand these operations and venture out to global import and export businesses. 

“Once a client sets up a company in Dubai they get investor visa which can be renewed every three years,” said Robin Sebastian, Director – Raes Associates. “Thereafter they can sponsor their dependents and even setup their own personal bank accounts as well. All shareholders of the company are eligible to obtain investor visa. Some of the free zones in Dubai provide Free for Life visas as well. There’s no minimum investment criteria and a company could be setup with one investor visa for USD 5,500.”

Many export and import companies are now in the process of opening their branches in Dubai to open corporate bank accounts which help in the smooth transfer of money. Dubai is an excellent investment hub and those who invest USD 550,000 would get a Golden visa and all dependents of the investor are also eligible for the Golden visa. 

There are no restrictions on the type of business that is being setup and Sebastian invites aspiring entrepreneurs with a vision to expand their local ventures overseas to explore the market in Dubai. 

Raes Associates is located at 2708-38, Prime Tower, Business Bay, Dubai.
Email: [email protected]
Web: www.raesassociates.com
Call or whatsapp on +971-555012638, +971-543231596