Varis Sayed is an Entrepreneur, Investor and Co-Founder of Fincasa Capital, Medley Capital and Key Investments. He has more than 15 years of global experience from startups to private equity. He promotes Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) across North & Central America, Caribbean, Europe and Middle East. He specializes in cross border international investment and investment migration. He is currently a board member in Medley Capital, Finco, FidetiaX, Bluechip Capital, Seguro group, Arlo Associates, Key Investments and many more. He also acts as a judge and an investor in various start-up events and competitions. He has launched a variety of companies globally and continues to do so.
In this interview with Varis Sayed, he shares with us his thoughts
- How would you describe the state of the investment immigration industry today?
From our perspective the investment immigration industry is set for a steady growth. In today’s time, the world is becoming a close-knit framework, and most organisations and entrepreneurs are now looking at opting for dual citizenships, to scale their business growth. One of the key drivers of demand is attaining global mobility. Additionally, many countries are witnessing increasing economic and political instability, and citizens seek second passports through investment to ensure family security and increased mobility. Lastly, the rise in the number of high net worth individuals (HNWIs) and ultra-high net worth individuals (UHNWIs) is another key factor driving demand for investment immigration.
- What do you think the wealth mobility demands of HNWIs in MENA?
Wealth mobility also creates opportunities for HNWIs to grow their wealth in real terms. Much of this growth potential is fixated on the capacity to capitalize in a bigger cosmos of countries, currencies, shares, and sectors. Additionally, accessing more tax-efficient jurisdictions and world-class infrastructure, securing better education opportunities for children, the need for improved personal safety, and the protection of property rights are some common demands of HNWIs in MENA.
- How do you see the industry evolving over the next 5 years?
In the next five years, the industry is set for a robust growth. Not just property investment, people will also have the options to acquire citizenship or residency by various other means including, purchasing government bonds or also through fixed capital investment in an approved business.
Varis SayedCEO, Fincasa Capital
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