The first ever EU list of non-cooperative tax jurisdictions was agreed by Member States on 5 December 2017. This list is part of the EU’s work to fight tax evasion and avoidance and aims to create a stronger deterrent for countries that consistently refuse to play fair on tax matters. Press Release / Q&A sheet (situation on 18 February […]
A new cash-for-passports scheme is likely to be launched later this year and applicants may be forced to spend more on the property they must buy or rent. Parliamentary secretary for citizenship and communities Alex Muscat outlined the government’s plans for the controversial Individual Investor Programme in an interview with The Sunday Times of Malta. […]
Since its establishment in 2013, Antigua and Barbuda Citizenship by Investment Program (CIP) has attracted a steady stream of international business investors through its many financial and practical benefits. The Caribbean nation of Antigua and Barbuda has become a compelling investment option for wealthy individuals in recent years, and Antigua and Barbuda’s CIP is one […]
On March 13, USCIS will hold a public engagement to discuss and field questions about its recent announcement that “USCIS Adjusts Process for Managing EB-5 Visa Petition Inventory.” Here are my questions, so far. I may revise in response to reader comment. The deadline for submitting questions is February 11. — Revision — I attempted to condense […]
Disgraced and saddled with $24 million to pay back to defrauded investors, developer Lobsang Dargey has been released from federal prison. It marks the latest chapter of Dargey’s extraordinary journey from Buddhist monk, to Tibetan refugee, to entrepreneur who spearheaded towering projects around Puget Sound, to convicted fraudster who duped over 200 Chinese investors out of millions […]
Sweden’s top migration official has warned the country is a ‘safe haven for war criminals and potential terrorists,’ as it gives passports and benefits to suspected dangerous criminals, shielded from deportation by legislation. The northern European country is remarkably welcoming to foreigners seeking refuge, but Sweden can reject an application on security grounds. The Swedish […]
A legal technicality has led Cyprus to temporarily halt a process to strip citizenship from 26 individuals who benefited from a secretive passports-for-investment scheme, lawmakers said on Monday. A lucrative citizenship for investment scheme run by the Mediterranean island has been under scrutiny both in Cyprus and abroad after the disclosure that some of the […]
A coming together of the region’s Citizenship by Investment programmes is needed. This was the plea by the Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine at a recent press briefing here. Antigua and Barbuda, Dominica, St. Kitts and Nevis, and Saint Lucia all operate CBI programmes. There are, however, many differences separating […]
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow […]
To ensure the immigration program’s uprightness, following second citizenship demand, the administration says it is focused on dedicating funding for progressively powerful security checks. “The interest for economic citizenship in our nation brought about expanded expenditure for individual verifications and other expanses related with the support of a powerful CBI Program,” said Prime Minister Harris. […]