Titan of industry is not a term that is easily attributed. Austin Fragomen could lay claim to this title, but it is certainly nothing he would ascribe to himself. However, with more than 4,200 employees, offices in almost 30 countries and a ranking as one of the top 60 legal firms in the US, […]
The development of global standards for the investment migration industry needs to be an urgent priority for the sector. Long-term success will only be brought about if international institutions and civil society have confidence in the industry, writes Bruno L’ecuyer, Chief Executive of the Investment Migration Council. Investment migration is a $2 billion […]
The European Travel Information and Authorization System (ETIAS), currently under development and slated to debut in 2021, will have implications for the investment migration market. Here’s what you need to know. What is ETIAS and who will need it to travel to Europe? Modeled on the United States’ Electronic System for Travel Authorization (ESTA), ETIAS […]
The Department of Homeland Security (DHS) published new regulations on July 24, 2019 that seek to modernize the EB-5 program and will greatly increase the cost of obtaining the so-called “golden visa” starting November 21, 2019. Congress established the EB-5 program in 1990 to allow foreign nationals to obtain lawful permanent resident status by investing […]
A spike in geopolitical uncertainty, a fall in HNWI wealth and a rise in the number of countries offering golden visas are all factors driving the Citizenship-by-investment (CBI) market, finds Oliver Williams. The investment immigration market allows individuals to obtain either citizenship or residency of another country in return for an investment. Unlike its more […]
During his annual budget address, the Prime Minister of the Commonwealth of Dominica, Roosevelt Skerrit, emphasised the key role the island’s Citizenship by Investment (CBI) Programme plays in boosting the country’s economic performance. According to statistics presented before the Dominican Parliament, the CBI Programme is expected to make up 51% of Dominica’s total recurrent revenue […]
Attorneys are turning to the courts to unclog a massive immigration application backlog that’s resulted in processing delays lasting up to seven years in some instances. “It’s really reaching crisis proportions,” said H. Ronald Klasko of Klasko Immigration Law Partners in Philadelphia. “Not only has the government increased the processing times substantially,” he said, it’s […]
Our analysis confirms what most industry stakeholders have believed for a long time; residence by investment programs are, at their core, a mechanism for moving people from unfree to broadly free countries. We have written before that one of the most transformative and meaningful roles investment migration plays in world economics and politics is to punish countries […]
Malta, the European Union’s smallest member state by population, but the bloc’s fastest growing economy, today competes with other EU jurisdictions within the Mediterranean region – Cyprus, Greece, Spain and Portugal – to attract so-called “citizenship by investment”. Boasting one of the EU’s most attractive fiscal frameworks, the country’s general economic strategy can be summarised […]
The governments of Antigua and Barbuda and the Republic of Kosovo on Wednesday, signed agreements simultaneously establishing diplomatic relations and abolishing visa requirements between their nations. The agreements were signed in Washington, DC by the ambassador of Antigua and Barbuda, Sir Ronald Sanders, and the Republic of Kosovo’s Ambassador, Vlora Citaku. Commenting on the two […]
