Saleem Enterprise Holding Eireli
Background
Saleem, who is natural from Pakistan and currently lives in Dubai, is a Financial Controller at Farah Leisure Parks Management (Proud Operator of Ferrari World & Yas Waterworld AbuDhabi).
Challenge
Mr. Saleem saw himself in a situation that, in the near future, he would be obligated to move out of the United Arab Emirates. Since he didn’t want to go back to Pakistan and wanted a stronger passport as well as a suitable place for his family to live, he decided to get the permanent residency by investment in Brazil. This would allow him to obtain citizenship and a passport in a few years.
Solution
Establish Brazil introduced to him a project that fit his needs, the permanent residency by investment program. Through this program he could transfer part of his saving in the UAE to his legal entity in Brazil and earn a better interest income on it.
Result
Now, because of the Brazilian permanent residency, Saleem has a place to go when the moment to leave the UAE comes. He’s also in the process of getting a second passport and will apply for his father’s permanent residency as well. His investment (which in a savings account in Brazil) makes him 14% per year. (Reasonably good compared to the 1% he gets in the UAE).