Saudi Arabia granted citizenship to foreigners in fields such as medicine and technology on Thursday, in a bid to diversify the kingdom’s economy. The changes are part of Crown Prince Mohammed bin Salman’s economic and social reform plans to steer the economy away from its reliance on oil. Citizenship is difficult to obtain in the […]
The chief executive of the Investment Migration Council, Mr Bruno L’ecuyer was invited to exchange views with the Council of Europe’s Committee on Migration, Refugees and Displaced Persons addressing Investment migration: trends, advantages, standards. The meeting took place in Paris on the 2nd December 2019. The following is the transcript of Mr L’ecuyer’ s […]
On 2 December, Bruno L’ecuyer, Chief Executive, participated at the council of Europe’s committee meeting on the subject of Migration, Refugees and Displaced persons. Bruno was invited to present the views of the industry based on the points by the committee as attached. The meeting was held in the presence of the Parliamentary Assembly for […]
The Qatar-based Arabic news and current affairs satellite TV channel, Al Jazeera, in a one-hour programme aired across the region earlier this week, alleged that Caribbean countries with CBI programmes were also selling diplomatic passports to individuals who make significant financial contribution to political parties. The television station named Dominica, St Lucia, St Vincent and the […]
The proposed “Citizenship (Amendment) Bill” is yet another blatant anti-Muslim legislation by the BJP government in India. The bill proposes to amend the Citizenship Act 1955 so as to enable Hindu, Sikh, Christian, Buddhist, Jain, and Parsi illegal migrants from three neighbouring countries (Pakistan, Bangladesh, and Afghanistan) to become eligible for citizenship of India. In […]
Cyprus has stripped Kremlin-friendly Russian billionaire Oleg Deripaska and two other Russian nationals of Cypriot passports after admitting flaws in its citizenship-for-investment program, Cyprus’ Politis newspaper reported Wednesday. Cyprus said this month it had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme. Sources on the Mediterranean island had told Reuters its list […]
EMPLOYMENT BASED CATEGORY 5 (EB-5) – NEW REGULATIONS EFFECTIVE NOVEMBER 21, 2019. The new era reminds me of a saying “When you come to a fork in the road, take it!” Foreign nationals may obtain U.S. Permanent Residency by their personal investment into a U.S. business project which results in the creation of 10 direct […]
The United States historically has maintained friendly relations with Japan, and it is no doubt that the symbiotic relationship between the two countries is important both economically and socially. Currently there are roughly 426,000 Japanese citizens residing in the United States which is the highest number in the world outside Japan.1 With a strong presence of Japanese multi-national companies with offices in the […]
Whilst FACT has been in existence since 1983, carrying out investigations and developing sophistication in intelligence gathering, we are more recent entrants into the investment migration sector and we see an industry that is addressing challenges and embracing change. At the recent Global Citizenship Conference in London, FACT spoke about the importance of maintaining high […]
Globalization allowed investment funds and businesses to move beyond domestic markets, and investors to acquire assets abroad with less limitations. Important factors that affect foreign investment are the expected return on interest (ROI) and the current conditions in the jurisdiction of choice: whether there is an attractive and safe environment to invest in, a stable […]
