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Oleg Svyatenko, RERA-registered real estate broker in Dubai
Service

Passports and bank accounts abroad

No. 1 in Dubai for residency, second passports and bank accounts abroad for English-speaking investors and founders: we match the country and legal route to your goal, prepare the file a bank’s compliance team expects and stay with you through filing. Vanuatu’s citizenship programme, running since 2012, costs about USD 165 thousand per family.

Review your case

Name and number — we will ask about the goal, citizenship and family, and come back with country options.

The work is led by an invited immigration consultant — an independent practitioner, not a member of our staff. We choose the expert for the task, introduce you and stay in touch until there is a result.

We start with why you want a status abroad: mobility, tax, children’s education or a family fallback. Most clients build a portfolio: Dubai for business and income property, Europe for family life, 2–3 banks in different countries.

In depth

Residence permits in Spain, Portugal and France: the order of steps for a property buyer

Spain's digital nomad visa, Portugal after the golden visa, startup visas on the Riviera, Turkey at USD 400,000 and Greece at EUR 400,000: what a property buyer should do first.

Read the full article →

What we cover

What does the service include?

The country and legal ground, the file, bank compliance and the tax consequences — from the first consultation to filing.

Country and legal ground

Citizenship by investment, income-based residency, a nomad visa, a business, or UAE residency through property or a company.

The file

Source of funds, police clearance, insurance, family documents, legalisation, apostilles and translations.

The bank

A money history with no gaps, a link to the country, a clear purpose for the account, a sanctions-list check.

Viewing trip

Nice or Marbella: properties, schools, clinics, and meetings with banks and lawyers on the ground.

How do you compare residency and citizenship programmes?

On 5 axes: entry cost, the presence requirement, time to permanent residence and citizenship, tax, and the liquidity of the asset the status comes through.

Entry cost

What the status costs, and whether the investment is returned or non-refundable.

Presence

Living in the country most of the year means tax residency and tax on worldwide income.

Route to citizenship

A temporary permit usually runs for 1 to 3 years. Permanent status is a separate application after continuous residence.

A 5-year budget

One-off costs apart from yearly renewal, reporting and insurance; government fees apart from the intermediary’s services.

Which citizenship-by-investment programmes work in 2026?

For Russian and Belarusian passport holders, 5 programmes work lawfully as of mid-2026: Turkey, Egypt, Sierra Leone, Vanuatu, and Sao Tome and Principe. European programmes are closed to this group; Argentina, Mexico and Paraguay naturalise only after real residence.

Turkey asks for property from USD 400 thousand, but processing takes up to 2 years and citizenship can be revoked at the home country’s direct request. Egypt asks for property from USD 300 thousand in designated districts; the stated 8 months become a year or more.

Vanuatu costs about USD 165 thousand per family, has run since 2012 and requires no travel. Sierra Leone is about USD 180 thousand and takes 7–9 months in practice. Sao Tome and Principe is about USD 120 thousand; sales began in summer 2025, so there is no track record yet.

How do you get residency in Europe without investing?

Through documented income. Spain, Portugal, Greece and Italy grant a status to financially independent people: you need regular income, a home in the country and medical insurance. Property-based programmes in the main countries have been wound down.

Employees can use nomad visas or register a business. A permit from one country does not let you live across the EU — only where it was issued, plus travel within Schengen.

Where can you open a bank account abroad in 2026?

The UAE is the main jurisdiction for capital, but banks almost always require a residence visa and an Emirates ID. The route is property, a company or an employment contract, then the visa, then the bank file.

Kazakhstan needs a local tax number and a visit in person. Kyrgyzstan is easier, but not for large sums. Since 2022 the question has moved from where accounts are opened to the terms on which they are kept.

Tax residency: why the 183-day rule is not enough

The 183-day rule is not the only test. Most developed countries also look at a permanent home, the centre of vital interests and habitual abode. The most underrated marker is a child’s school.

The UAE has no personal income tax and no capital gains tax. Banks in Europe and Canada take part in the automatic exchange of information, and foreign accounts must be reported where your home country requires it.

How the work goes

The order is the same everywhere: a consultation with a specialist, a check of the market on the ground, and only then a deal or a filing.

  1. 1

    Goal and starting point

    Citizenship, family, the income you can document, readiness to live in the country.

  2. 2

    Choosing the route

    The expert names the legal ground, realistic timelines and the chance of refusal, and keeps a second programme in reserve.

  3. 3

    The file

    Legalisation, apostilles and translations are the slowest part: allow several months.

  4. 4

    Filing and the account

    Processing times depend on how busy the programme is. With the status you go to the bank as a resident.

Common mistakes applicants make

Buying a property before taking advice — not every property qualifies for a status. Relying on an agency’s “guarantees”: the decision is always the state’s.

Paying in full upfront moves every risk onto you; a small advance with the main payment on receipt of documents reduces it.

Who leads the work?

An invited immigration consultant — an independent practising specialist who is not on our staff. We select the consultant for the country and stay in touch until there is a result. UAE residency through a property purchase we handle ourselves, as brokers.

Request

Review your case

Name and number — we will ask about the goal, citizenship and family, and come back with country options.

Review your case

Frequently asked questions

What comes first, residency or the account?

They usually go together: in many countries a bank will not talk to you without a status. A residence card turns a non-resident into an ordinary customer of a local bank.

Do I have to live in the country?

It depends on the programme — a key selection criterion. UAE residency and Vanuatu citizenship do not require permanent presence.

Does property in Dubai give a residence visa?

Yes, when the property is bought above the set threshold. The UAE has no citizenship by investment, but its long-term residency is kept without living there permanently.

Is it legal to hold two citizenships?

It depends on the country of your first passport: some allow it freely, some require a notification, some restrict public officials. A second citizenship does not remove a military service obligation to the first either.

See also

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