The country has put together Portugal IN, a temporary Brexit taskforce to help UK businesses navigate through the changes that will come after the UK leaves the European Union on Halloween. The taskforce is working together with the Portuguese Trade and Investment Agency (AICEP), Turismo de Portugal and other public entities to ensure that UK […]
Visa applicants to the United States are required to submit any information about social media accounts they have used in the past five years under a State Department policy that started on Friday. Such account information would give the government access to photos, locations, dates of birth, dates of milestones and other personal data commonly […]
As the Investment Migration Council prepares to gather in Geneva for its annual Forum, it is worth inquiring into the legitimacy of the burgeoning industry of investment migration. Given that the idea relates primarily to some of the world’s wealthiest people, some have been skeptical. But is it wrong to sell citizenship to high bidders? An answer […]
Our world has truly become Global in the 21st Century. We all Travel, watch TV, are hours on Social Media and cannot live anymore without Internet connection! So why are we restricted by physical borders? For Individuals with means and willingness to look at better opportunities for themselves, their families &/or their businesses around […]
In recent months, the CRBI industry has been the backdrop for controversy in several cases. In October 2018, Bulgarian officials were found guilty of selling forged documents, allegedly allowing thousands of individuals to buy European passports illegally. In January 2019, under mounting pressure, Bulgaria revoked the citizenship of Russian telecoms millionaire Sergei Adoniev, who […]
The logistics of capturing and sorting through due diligence findings have changed markedly in recent years. A vast amount of information about the average individual is readily available online, driven by the elimination of paper, ease of content creation, and explosion of mobile capture. This volume has the potential to become a challenge in […]
A core premise of investment migration is to enhance a country’s economy in exchange for residence or citizenship rights for individual investors. This is a good description of a classic ‘win-win’ formula. However, it is clear that the benefits of residence- and citizenship-by-investment programs for host nations go far beyond extra funding for the […]
William Worster presented his article “Human Rights and the Taxation Consequences of Renouncing Citizenship” at the 3rd Annual Academic Investment Migration Seminar in June 2018. His IMC Working Paper on the topic was subsequently published in the St. Louis University Law Journal. In this article, he claims that the taxes that the US […]
In 2013, the Republic of Cyprus adopted the Scheme for Naturalisation through Investment, now called the Cyprus Investment Programme. In the past 6 years, the programme has been operating with great success and has been amended several times. According to this Programme, any third-country national can acquire Cypriot citizenship if they meet certain economic […]
The International Court of Justice, in its 1955 judgment of Nottebohm, stated that nationality requires a ‘legal bond having at its basis a social fact of attachment, a genuine connection of existence.’[1] These famous yet contested words, if anything, presuppose an exclusively state-centric view, fixating the decision over in- and exclusion as being solely […]
