Caribbean citizenship by investment (CBI) programmes are among the best in the world. With the option of investing in real estate or contributing directly to national foundations and trusts, qualified applicants can be granted citizenship in as little as 90 days. Owing to its simplicity, low cost, vast global mobility and quality of life, Grenada’s […]
On January 1, 60 Minutes — an investigative programme aired by the US television company, CBS Corporation — ran a segment on ‘Citizenship by Investment Programmes’ (CIP) that are operated by several countries around the world. For reasons best known to itself, 60 Minutes focused on three Caribbean islands after paying merely a passing glance […]
An Everett developer’s guilty plea Wednesday to federal fraud charges is the latest example of abuse of the EB-5 program offering green cards to foreign investors. Lobsang Dargey used the program to fuel his fast rise in the Puget Sound real estate industry. Now, he faces up to 10 years in federal prison and must […]
On January 1, 60 Minutes — an investigative programme aired by the US television company, CBS Corporation — ran a segment on ‘Citizenship by Investment Programmes’ (CIP) that are operated by several countries around the world. For reasons best known to itself, 60 Minutes focused on three Caribbean islands after paying merely a passing glance […]
An Everett developer’s guilty plea Wednesday to federal fraud charges is the latest example of abuse of the EB-5 program offering green cards to foreign investors. Lobsang Dargey used the program to fuel his fast rise in the Puget Sound real estate industry. Now, he faces up to 10 years in federal prison and […]
Residency-by-investment programs are an attractive option for some HNW individuals, but may be designed to the detriment of the country in which the program is available. According to our 2016 Global Wealth Managers Survey, 18.7% of total HNW wealth is held offshore. HNW individuals may invest in markets outside their country of origin for several […]
Prime Minister Mackenzie King was the first Canadian citizen. On January 3rd 1947, at Canada’s Supreme Court in Ottawa, he took the oath. Yesterday, 26 new Canadians did the same, also in the Supreme Court. 70 years, and a couple of revisions later, people are waiting in queues around the world, eager for the opportunity. “To […]
Antiguan and Barbudan diplomat Casroy James is being called on to voluntarily step down after he admitted to receiving monies purported to be bribery payments, but which he said were legitimate fees for consultancy work. Former National Security Minister of St Kitts & Nevis Dwyer Astaphan said that James, Antigua & Barbuda’s Ambassador to the […]
On December 22nd, 2016, the minister to whom citizenship-by- investment is assigned signed a statutory instrument making amendments to the Citizenship-by-Investment Regulations No. 89 of 2015. At this time, these are the only changes that have been made to the Citizenship-by-Investment legislation. Please see below the full text of the changes made. In exercise of […]
Prime Minister and Minister of Finance, Dr. the Honourable Timothy Harris, updated the general public on the status of the Sugar Industry Diversification Foundation (SIDF) during the Sitting of Parliament on Tuesday, December 13. Dr. Harris noted that there have been a number of issues with the SIDF leading up to the 2015 elections to […]