A unique Canadian business immigration program opened for new applications on May 29. The Quebec Immigrant Investor Program (QIIP) offers international investors the opportunity to obtain permanent resident status in Canada by making a risk-free $800,000 CAD investment that is guaranteed by a Quebec government entity. The QIIP is Canada’s only passive investor immigration program, and […]
A 2017 report by market research firm New World Wealth concluded that a record 82,000 millionaires moved to a new country in 2016, up 26% from 62,000 in 2015. The estimate is that approximately 100,000 millionaires will move country each year by 2018. A millionaire in this report is defined as those having at least […]
As a controversial U.S. investment visa scheme comes under fresh criticism, Sam Walls of Little Rock, Arkansas, faces a different problem as he courts wealthy Chinese. Walls and his team at Pine State Regional Center are looking to raise $200 million through the EB-5 investor visa program for a steel mill in the southern state […]
A top executive at an international due diligence firm is warning agents of the Citizenship by Investment Programme (CIP) to be wary of Chinese applicants who are either on the run, or may soon be on the run from the law. Vice Chairman and Global Head of Immigration Citizenship and Visa (ICV) Practice at Exiger […]
Citizenship by Investment Programmes (CIPs) in the Caribbean have been the subject of much criticism, even though the financial and economic benefits of the programmes are undeniable. These programmes are operated by: Antigua and Barbuda, Dominica, Grenada, St Kitts-Nevis and St Lucia. Are those detractors right to decry the CIP? Do they pose dangers to other […]
Prime Minister Dr. the Honourable Timothy Harris says the Team Unity-led Government views the country’s Citizenship by Investment Programme (CBI) as an integral part of the long-term development of St. Kitts and Nevis that will “bring benefits to the next generation for another 30 years.” Prime Minister Harris said this is why his Government continues […]
To the Editor: Re article, “EU Passports for Sale in Cyprus Lure Rich Russians” (Originally published on May 11): Whilst we are strong advocates of independent and οbjective journalism, we regret to note that this article remains in our view a biased account. The citizenship by investment program is an investment program and in no […]
Proposed Regulations and Reforms Congress has yet again extended the temporary EB-5 Regional Center program for another five months from April 30, 2017 to September 30, 2017, as part of its Continuing Resolution. Although the EB-5 Regional Center (“RC”) program was created 25 years ago by Congress in 1992, it still remains […]
Situated in the middle of the Mediterranean, as a full member of the European Union, Malta is an ideal jurisdiction from which to do business within the EU, and also with jurisdictions situated outside the EU. A number of international businesses have established a presence in Malta for this reason, taking full advantage of […]
As practitioners, we are guided by our clients’ interests but also principally by the regulation and best practice standards by which we are ethically and legally bound. At times there can be disjuncture between the two, but that disjuncture is rightly diminishing. The causes of this are manifold. The regulatory frameworks that not […]
