Local land developers but also service sector professionals are becoming concerned by reports that Greece’s new government is planning to launch a citizenship by investment programme similar to that of Cyprus. The programme provided by Nicosia in recent years has substantially contributed to the recovery of the Mediterranean island’s economy. The new right-wing government under […]
Australia is seeing an increase in interest in its millionaires-only visa program from wealthy Hong Kong residents who are eyeing a safety net amid political turmoil in the Chinese-ruled territory, migration lawyers told Reuters. The New South Wales state migration department “has noticed a significant increase in applications” from Hong Kong in recent months, it […]
Emiratis holding diplomatic, special, mission and ordinary passports are now exempt from pre-entry visas to visit South Africa. The UAE has been added to South Africa’s visa waiver list, with the decision effective from Thursday, August 15, official news agency WAM reported. Emiratis will be allowed to stay for a period up to 90 days […]
The migration debate is complex and emotional. Investment migration only accounts for a small part of worldwide migration, yet the industry has the potential to help shape a more productive discussion. Few issues excite controversy like migration, and when global especially when countries have to deal with a large inflow of mi- leaders in […]
Chinese nationals are among the top applicants for residence programmes across the world; yet, they are encountering more barriers than ever to realising their emigration plans. Larry Wang, President of Well Trend, talks about the deregulation of immigration consultants in China, the EB-5 backlog, and what Chinese clients really want. How would you describe […]
EB-5 has for many years been a runaway success. But with ever-increasing waiting times and long delays for some nationalities, defining the right strategy has become the most important exercise of the immigration process, says Edward Beshara, US Attorney at Law. The USA’s EB-5 Programme has long been considered the gold standard of residence- by-investment […]
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 […]