Authors: FRANCISCA FERNANDO and JONATHAN PAMPOLINA are counsels and ROBIN SYKES is a senior counsel in the IMF’s Legal Department Source: imf.org Programs that offer passports in return for investment have financial integrity risks that must be managed As countries closed their borders to slow the spread of COVID-19, a second passport became an ever-more-desirable […]
The European Commission has not yet communicated its position on the new citizenship by investment programme, Malta’s Parliamentary Secretary for Citizenship Alex Muscat said. Insisting that the new scheme does not need the commission’s approval, Muscat said “the European Commission has not come back with a reply or communicated what it intends to do.” The […]
Programs that offer passports in return for investment have financial integrity risks that must be managed As countries closed their borders to slow the spread of COVID-19, a second passport became an ever-more-desirable commodity, for those who could afford it. While not a new phenomenon—several countries have adopted “golden passport” programs over the years—the onset […]
The business landscape of the UAE has been steadily changing in the past few years with the rapid introduction of progressive measures. In a historic move on Jan. 30, 2021, the UAE announced the decision to open its citizenship to investors, specialized talents, and professionals. The landmark judgment aims to broaden the nation’s talent pool […]
Choksi was apprehended in Dominica where he might have entered illegally by boats. Initially, arrangements were being made to hand Choksi over to Antigua, but Prime Minister Gaston Browne said he should be handed over to the Indian government. Financial scam-accused Mehul Choksi, apprehended in Dominica is likely to be repatriated straight to India as Antigua and […]
A university professor told of his pride in receiving UAE citizenship for his significant contribution to the country. Hassan Arafat, director of the Centre for Membranes and Advanced Water Technology at Khalifa University, Abu Dhabi, was among the first residents to secure citizenship as part of a new process announced by the country this year. […]
Dual citizenship is a growing trend in the US as Americans are more than keen to acquire the status and the rights it brings. But the entire process can be lengthy and complex, depending on the country you choose. The last few years have witnessed a surge in demand for Italian dual citizenship, with American […]
The travel ban preventing Australians in India from returning home could be subject to legal challenges, with lawyers and academics believing the extraordinary measure may breach the law. Scott Morrison’s government has been condemned for its “outrageous” decision to introduce fines of up to $66,600 or five years in prison, or both, for anyone defying […]
The government has launched a campaign to eradicate corruption in public office, with Justice Minister Emily Yiolitis pledging to carry out the action plan demanded by President Nicos Anastasiades earlier this year. The campaign includes a series of measures designed to fight corruption based on transparency and accountability to win back the public’s trust. Yiolitis […]
A Guardian analysis finds EU countries used brutal tactics to stop nearly 40,000 asylum seekers crossing borders. EU member states have used illegal operations to push back at least 40,000 asylum seekers from Europe’s borders during the pandemic, methods being linked to the death of more than 2,000 people, the Guardian can reveal. In one […]
