The cabinet on Wednesday approved regulations to the citizenship by investment programme, which it says ties the scheme to anti-money laundering legislation. Interior Minister Nicos Nouris said the regulations would be sent urgently to the House. Nouris said the linking of the scheme to anti-money laundering laws, was an important provision which would help in […]
British Prime Minister Boris Johnson pledged Wednesday to overhaul immigration rules to grant almost 3 million Hong Kong residents a pathway to British citizenship, a response to Beijing’s move to impose a far-reaching security law here that many fear will dismantle the city’s political freedoms. Johnson’s vow comes as the United States, Canada, Australia and others face pressure from lawmakers […]
COVID-19 has had some major effects on the world economy, most of which are negative. However, the virus outbreak impacted the Citizenship by Investment and Residency by Investment industry positively. According to Bluemina, a leading firm in the Citizenship and Residency by Investment industry, the Corona Virus crisis facilitated the process of obtaining a second […]
A United Nations Office on Drugs and Crime (UNODC) report has revealed that as many as 650,000 migrants are currently waiting in Libya, ready to cross the Mediterranean Sea to Europe. The report notes that the Chinese coronavirus pandemic could have a major impact on mass migration, but the outbreak has also made such movements […]
In a remarkable turn of events, Vanuatu’s new Deputy Prime Minister has served Jimmy Ng King Cheung – the country’s Trade Commissioner to Hong Kong and sole authorized agent for the parallel citizenship by investment program, the Vanuatu Contribution Program (VCP) -with a three-month termination notice. The notice opens by referring some hitherto unpublished details […]
A Citizenship by Investment Board member has said while the nation is striving to ensure the continued momentum of the local programme, officials are monitoring “threats on the horizon” from international bodies Ambassador Colin Murdoch disclosed that the European Union (EU) is among those considering action. “We are looking closely at actions that are taken […]
A 321-page legal decree published in the Italian government gazette this week (colloquially known as the Decreto Rilancio, or “revival decree”) contained a wide variety of measures relating to layoffs, aid to self-employed workers, and support for business, all aimed at reviving the Italian economy following COVID-19. Of particular interest to investment migration professionals was the […]
Quebec is extending the temporary suspension of the immigrant investor program. The Quebec Immigrant Investor Program (QIIP) will now be closed to applications until April 1, 2021, according to the Ministry of Immigration, Francization and Integration (MIFI). Quebec had previously closed the program until July 1, 2020. The program allows people with a net worth of […]
In a webinar produced by the Global Forum on Migration and Development, our Chairman Austin T. Fragomen, Jr., discussed several COVID-19-related migration challenges, particularly those related to governance frameworks and support networks upon which many migrants rely. See the full webinar here. Source: fragomen.com Published: 7 May 2020
The end of the Cold War, the 9/11 terrorist attacks and the Syrian refugee crisis changed the public discourse on migration to focus on international security rather than the economic, cultural, social or humanitarian context. Now, the COVID-19 pandemic and the fear of “the other” shifts migration rhetoric further, by expanding the focus to include […]