Author: Niu Ltd

  • Citizenship by Installment

     

    The government of Antigua & Barbuda has been advised that the country could be missing out on the chance to add rare professionals to the workforce by not having a “skilled persons” option in the Citizenship by investment Programme (CIP).

     

    The advice comes from Chief Executive Officer (CEO) of the Citizenship by Investment Unit (CIU) Chisanga Puta-Chekwe, who argued that the proposal if taken up could benefit the country.

     

    “One of the recommendations that I made at a recent conference was adding the skilled person category. So that a person who might not have the $1.5 million to invest in a business and might not even have the 200,000 to invest in the national development fund – but a person who has skills that are badly needed by Antigua & Barbuda,” he said.

     

    Puta-Chekwe was speaking on OBSERVER radio alongside the Deputy CEO Thomas Anthony who said, “To capture that category of skilled individuals the plan is to make an amendment to the existing Permanent Residency Act.”

     

    Source: antiguaobserver.com

     

  • PM Skerrit Reports Successful Promotional Tour for CBI Programme

     

    The Hon Prime Minister, Dr. Roosevelt Skerrit is reporting that his recent trip to promote Dominica’s Citizenship by Investment programme was highly successful.

     

    Last week, Hon Skerrit led a delegation of nine Dominicans on a series of trips to in the hopes of meeting and attaining prospective investors for Dominica.
    At a press conference on Friday November 18th, the Hon Prime Minister said he was pleased with the outcome of his recent promotional travels as this achieved the objective of keeping Dominica out-front as the premier destination in the region for the CBI programme.

     

    “In two words I would say the trip was ‘very successful’, he said. “It was a success because we achieved our objective of propelling and keeping Dominica out front as the premiere destination in the region for investment in what is commonly referred to as Citizenship by Investment. As has been our practice over the last few years we organised a series of promotional events in the market place.”

     

    Dominica has one of the world’s most reputable Citizenship by Investment programmes, which offers prudent investors the ability to access the world through a trusted and affordable route to a second citizenship.
    Hon Skerrit highlighted that the process for attracting investors into the Caribbean has become an increasingly competitive one and hence the need for promotional travels.

     

    He says it is important for investors to meet and understand the leaders of promoted countries.

     

    “Dominica in and by itself does not possess any major advantages over its competitors. Potential investors are not going to opt for Dominica because of how its name is spelt or that it has more rivers than any other. You need to go to the marketplace ever so often and sell your product; you need to bring a human face to the destination,” he stated.

     

    On his recent trip, the nation’s leader met with several prospective investors and reports he is indeed happy with the outcomes.

     

    “In two weeks I visited over four countries and interfaced with scores of groups of individuals eager and excited to learn more about Dominica and to invest in the development of this country,” he explained. “I am confident that we shall reach our budgetary targets this year. The Government of Dominica is being vilified today because earnings from Dominica’s CBI programme are way, way up. I am happy to report on the success of our promotional visit and to tell you that the name and image of Dominica in the marketplace is as strong, attractive and appealing as ever and that I am confident that our programme will continue to be the programme of choice for discerning investors wanting to be associated with this hallowed region we call the Caribbean,” he stated.

     

    The CBI programme of Dominica has been operating since 1993 and is legally entrenched in the Dominican constitution and the Citizenship Act.

     

     

    Source: news.gov.dm

  • Former Nationalist Minister Furious After Henley & Partners 2012 Foreword

     

    Former Nationalist minister says Henley & Partners, concessionaires of Malta’s Individual Investor Programme, have reproduced his 2012 foreword for the latest edition of their citizenship manual
    Henley & Partners’ decision to include a four-year-old foreword by former Nationalist minister Tonio Fenech in their latest edition of the Global Residence and Citizenship Handbook, which was presented during a London conference earlier this month, has left the MP fuming.
    When contacted over his ‘latest’ contribution, Fenech, a member of the Nationalist opposition, expressed surprise and denied ever sending in a write-up for the sixth edition of the Henley handbook.
    In fact, Fenech later confirmed that Henley & Partners, concessionaires of Malta’s Individual Investor Programme, had reproduced the foreword that he had written four years ago, “as a complimentary gesture” when H&P had helped Malta in developing a high net worth scheme.
    “That foreword was written for one specific edition and it is highly unacceptable for them to reproduce it in that manner, totally out of context,” an irate Fenech told MaltaToday. “It is highly unprofessional and the least they could have done was to ask me first.”
    Albeit PN exponents are directly involved in legal firms which are IIP agents, the Nationalist opposition has been a vociferous opponent of the citizenship scheme. Opposition leader Simon Busuttil has even stated that, if elected, he would withdraw citizenships granted through the IIP – although he later changed tack and said that he would review the scheme and change its “lack of principled approach”.
    In questions sent to the Henley chairman, Christian Kalin confirmed that Fenech’s foreword “was in all the editions of the handbook”, adding that he “could not understand the fuss” when it was pointed out that the PN had come out strongly against the sale of citizenship.
    Asked whether Henley & Partners had reached out to the PN, Kalin said: “Not recently, but we think it might actually be a good idea to do so. We do not have any bad relationship with the Nationalist Party. Henley & Partners is not a political outfit, we work with governments, not with political parties. Thus we are always open to dialogue with representatives of the entire political spectrum.”
    Kalin confirmed that Fenech had written the foreword when he was still a minister, “in acknowledgement also of the good work we provided to the then PN government to assist them with the then residence programme at that time”. “The foreword is still relevant today so it was continued in subsequent editions,” he added.
    Kalin confirmed that Fenech’s contribution had not been a paid one, insisting that the firm had never “paid anyone anything for a foreword or article for any of our publications. Individuals are invited and they contribute on the basis of merit”.
    In the e-mailed reply, Kalin went on to add: “Thank you for covering our Global Residence and Citizenship handbook. I would just urge you not to create an elephant out of a non-existent fly. There is absolutely nothing wrong with having a former minister writing a foreword, except perhaps for some politically extreme minded people.”

     

     

    Source: maltatoday.com

  • Citizen of the World? Think Again Britain

     

    In her speech to the Conservative Party conference in October this year, Theresa May declared that ‘if you believe you’re a citizen of the world, you’re a citizen of nowhere’. In the febrile atmosphere of post-referendum Britain, this statement caused consternation. Here was a top level political rejection of the values of internationalism to go alongside the public’s rejection of the European model. For many, and not just those on the left, this seemed to discount the feelings of compassion and connection that came from considering oneself a global citizen. Instead, May was declaring that citizenship was something narrower and smaller, based on British provincialism, and allying herself with the anti-immigration rhetoric which featured so heavily in the Leave campaign prior to the referendum.

     

    If we place May’s statement back into context, we can see that it was part of a broader attack on the disconnect between the actions of the wealthy and the need to ‘respect the bonds and obligations that make our society work’. She attacked those ‘people in positions of power’, who ‘behave as though they have more in common with international elites than with the people down the road, the people they employ, the people they pass in the street’. It was these people she meant when she said ‘if you believe you’re a citizen of the world, you’re a citizen of nowhere’ – adding to those who believed this: ‘You don’t understand what the very word “citizenship” means’.

     

    For her, the ‘spirit of citizenship’ is a way to create a sense of unified purpose in the nation, a nation ‘built on the bonds of family, community, citizenship’. But this is a concept of citizenship based on the logic of anti-immigration. For the rich, citizenship ‘means recognising the social contract that says you train up local young people before you take on cheap labour from overseas’. The beneficiaries of this action, for May, should be the people ‘out of work or on lower wages because of low-skilled immigration’: for these people, ‘life simply doesn’t seem fair’, and they feel as though their ‘dreams have been sacrificed in the service of others’.

     

    British ideas of citizenship are extremely diffuse – May’s vision of citizenship is based on contractarian notions of obligations as well as rights – in this sense the obligations of the rich and the rights of the excluded. In articulating citizenship in this way, May was confident that she, unlike the wealthy, understood the true meaning of citizenship. But her rhetoric was also proof that the meaning of citizenship can be endlessly redefined for political purposes. This is possible because in Britain ideas of citizenship are extremely diffuse, and have been throughout the period since the second world war. The sociologist Ruth Lister, now a peer, has noted that understandings of citizenship are so fragmented that the concept ‘runs the danger of meaning what people choose it to mean’.

     

    But if we carefully unpick the main ways citizenship has been discussed in modern British history, we find that there are in fact three main ways in which ‘citizenship’ is used and defined. First, citizenship is seen as a narrowly politico-legal framework, making up the legal, political, and social rights of the population, but also the obligations expected in return. Secondly, citizenship is conceived as resulting from a sense of ‘belonging’ to a constructed national community, with belonging a key marker of, or barrier to, citizenship status. Thirdly, there is a focus on what we can call differentiated aspects of citizenship, particularly on the idea that ‘good citizens’ are those who participate more within society, with a particular emphasis on voluntary action or ‘engagement’. I call these the three registers of citizenship.

     

    The legal rights of citizens in the United Kingdom expanded during the 20th century. For those with the status of legal citizens, not only increased voting rights (for women most obviously, but also for working class men), but also increased social rights (access to the welfare state), have transformed the relationship between the state and the people. But the boundaries of legal citizenship have also been more sharply drawn, most obviously when the right to reside and work in the UK was withdrawn from British passport holders born in Commonwealth countries under the 1962 Commonwealth Immigrants Act.

     

    Underpinning such legislative change was the shift towards understanding citizenship as a category of belonging, and within this register British citizenship was increasingly racialised and associated with whiteness from the late 1950s: in this sense, non-white people born in the Commonwealth were perceived as not ‘belonging’, and not ‘really’ British. For black British citizens, this racialised notion of belonging manifested itself in their experience of the racism endemic in British society and culture in the third quarter of the 20th century. Immigration, whiteness, and citizenship were intertwined in ways that effectively excluded many Britons who possessed the status of citizens from practising their citizenship in its fullest sense.

     

    If Britons are not European, what appeal can formal British citizenship have to those Europeans who have called Britain home?

     

    Theresa May’s criticism of the ‘citizens of nowhere’ continues this process of aligning Britishness with a partial and exclusive vision of belonging. She portrays citizenship as a national community from which the ‘low-skilled’ immigrant is pointedly excluded. This is why her rhetoric matters: for many, her explicit rejection of an international outlook confirms that Britain is no longer open or welcoming to those born outside its shores. For the same reason, the government’s suggestion that European citizens apply for formal leave to remain, or for British citizenship, rather misses the point. If British citizenship is to be defined in such a way that Europeans are so visibly excluded and categorised as not belonging, what appeal can formal British citizenship have to those Europeans who have called Britain home?

     

    Citizenship means more than a simple legal framework, as May knows. It is about values and belonging, and no one source of authority can control what is valued in Britain. For many Remain campaigners, notions of Britishness and belonging were rather more elastic than what is on the cover of an individual’s passport. Pro-Leave campaigners, however, concentrated on the rights of those whose passports featured the lion and the unicorn. In post-referendum Britain, the shrinking sense of belonging is palpable. As the history of debates on citizenship shows, when an individual, group or community is no longer considered to belong, attacks on their rights, their position, and their bodies soon follow.

     
    Source: democraticaudit.com

  • Trump Presidency Could Mean Windfall for Some States

     

    Not many governments or citizens in the bloc of 15 nations in the Caribbean were hoping or praying to have to live with an administration led by Donald Trump, but his victory in the 2016 presidential election could mean a financial windfall for some countries, particularly those in the Eastern Caribbean.

     

    For island nations such as Antigua, St. Lucia, St. Kitts and others where laws allow foreigners to buy citizenship and a local passport, Trump’s continued rhetoric about mass deportations, fears of racist attacks at the hands of some of his supporters and a poisoned political atmosphere could ironically serve to boost the so-called Citizenship by Investment Program officials say.

     

    Hopes that dozens, if not hundreds, of foreigners will now be much more inclined to spend about $500,000 to buy citizenship and a passport, have risen at a time when Antigua and St. Kitts were both reporting an average 10 percent decline in “sales” of citizenship by foreigners. Dominica and Grenada also have similar programs.

     

    Didacus Jules, director general of the nine-nation Organization of Eastern Caribbean States, is predicting that the change of administration in the U.S. will provide for a spike in programs for respective countries.

     

    “Sometimes in what appears to be a crisis there are opportunities and we need to find those opportunities,” said Jules, urging people in the region to look for and to exploit any silver lining emerging from a Trump administration rather than bemoaning his win, the Caribbean Media Corporation quoted him as saying.

     

    Meanwhile, Henley and Partners, the firm contracted by Antigua to organize and promote its economic citizenship program, has already noted a rash of inquiries from Americans and Caribbean nationals who are worried about their future and are exploring options to leave the U.S.

     

    “Such spikes happen when citizens become uncertain about the future of their country,” said a representative of the firm. “They seek safer options for their families.”

     

     

    Source: amsterdamnews.com

  • Government of Montenegro Issues Tender for Special Investor Program

    The Government of Montenegro has today issued an international public tender notice for the development and implementation of a Special Investor Program under which a person may be granted Montenegrin citizenship.

    Details available from the Montenegrin Ministry of Sustainable Development and Tourism website here

     

    Details of the tender document and process are available here

     

    SOURCE: Montenegrin Ministry of Sustainable Development and Tourism

  • Portugal’s Golden Residence Permit Programme (ARI) – as of the 31st October 2016

    To access the data sheet on the Portugal’s Golden Residence Programme (GRP) results as of the 31st October 2016, please click here

  • Decrease in Applications for Citizenship-by-Investment Programme in Antigua

    ST JOHN’S, Antigua (CMC) — The Antigua Government is reporting a decrease in applications for the Citizenship by Investment Programme (CIP).

    According to Lennox Weston, the minister of state in the Ministry of Finance, this can be attributed to a decrease in demand for the programme but he remains optimistic that this could change in the future.

    “Yes, it has slowed down, not only in Antigua but in St Kitts, too, and in other territories. It has not dried up, we may have seen a 10 per cent decline but we still have two more months to go. We project that we may have a 10-15 per cent reduction from last year when we had EC$100 million from it; we may end up with EC$75, EC$80 or EC$85 million,” said Weston who was against on Observer Radio’s Big Issues programme.

    He noted that the projections do not spell disaster for the economy since there are international factors that could result in growth adding that marketing of the desirability of the Antiguan and Barbudan passport should be revised given that the world’s CIP market is large enough.

    “You have to look at areas of instability in the world, in terms of where you get your business from, if for example the Middle East stabilises to the point where betting becomes possible, then you will see a boom or if Donald Trump implements some of the policies he touted or wealthy persons who may want multiple status.”

    He admitted that the decline has had an impact on some developments as several projects are heavily dependent on CIP revenue.

    “Those 10 big hotel projects have not started and so we expect that when they started we will hit out five per cent minimum growth which we have set and we would love to edge up to six and seven per cent. We expect them to start next year…”

    The CIP has so far been established up in four of the nine member states of the Organisation of Eastern Caribbean States (OECS) — St Lucia, Antigua and Barbuda, St Kitts Nevis and Dominica.

    Source: jamaicaobserver.com
    Posted: November 2016

  • Could Caribbean Economic Citizenship Programmes Cash in on Donald Trump’s Election Victory?

    Uncertainty and fear over a United States governed by a Donald Trump administration appears to be pushing wealthy Americans to look for alternative citizenships – and the Caribbean just might benefit.

    The Republican’s upset win over Democratic candidate Hillary Clinton was announced early yesterday after Tuesday’s elections, following a divisive campaign that featured controversial statements and actions by the real estate mogul, particularly as it relates to immigration, trade and climate change.

    According to a statement issued by citizenship advisory firm Henley & Partners yesterday, “in the hours since Donald Trump was confirmed as the next President of the United States, there has been a sharp increase in the number of Americans enquiring about alternative residence and citizenship programmes.”

    It said similar sharp increases were also noted after major events such as the United Kingdom’s vote to leave the European Union, Brexit. However, Henley & Partners did not indicate how many of the inquiries had translated into actual Citizenship by Investment (CBI) applications, or to which CBIs any applications were made.

    “Such spikes happen when citizens become uncertain about the future of their country. They seek safer options for their families,” it added, noting that as the chance that Trump would win the election increased on Tuesday night, the Canadian Immigration website crashed because of an overload of visitors.

    Speaking from the 10th Global Residence and Citizenship Conference in London, Henley & Partners’ chief executive officer Eric Major said there was similar interest among Americans looking for alternative citizenships and residences when George W. Bush was running for re-election in 2004.

    “We are seeing a comparable trend emerging now among wealthy Americans who wonder what the next four years will hold. There has been a significant increase in enquiries to the Henley & Partners website since the news broke,” he said.

    Henley & Partners noted that in contrast to 12 years ago, there are now many more residence and CBIs  programmes available to choose from worldwide. Among them are CBIs in the Caribbean nations of Antigua and Barbuda, Dominica, Grenada, and St. Kitts and Nevis.

    Governments are embracing these programmes to stimulate economic development and growth, and there is a growing number of wealthy and talented individuals looking to diversify their citizenship portfolios to give themselves and their families greater international opportunity, freedom and security.

    Major said governments were recognizing the significant benefits of attracting global citizens who can contribute to their own economic development and advancement, with those individuals bringing not only their investment, but proven business success, world-class skills and international experience, valuable networks and contacts that can benefit a country enormously.

    Meantime, leading Caribbean academic Sir Hilary Beckles said people should expect “migration of larger numbers of Caribbean people back to the region and significantly back to Latin America” because of Trump’s win.

    The Vice Chancellor of the University of the West Indies issued the warning as he contended that presidency had “reconstructed the white global supremacy system”.

    Sir Hilary suggested that Trump’s election was a retrograde step that would take the US back by several decades to the days of “plantation America” when blacks had little to no civil rights and white supremacy was key.

     

    Source: caribbean360.com
    Posted: November 2016

  • Second Passports on Demand After US Polls

    The number of people looking to get a second passport has increased after Donald Trump won the race for the White House, sources have said.

    Henley & Partners, which has an office in Dubai that also helps wealthy individuals acquire alternative citizenships, have been swamped with queries from potential customers, particularly those from the United States, since Trump’s victory was announced. Most of the queries are reportedly coming from residents looking to move to Canada.

    “In the hours since Donald Trump was confirmed as the next president, there has been a sharp increase in the number of Americans enquiring about alternative residence and citizenship programmes,” said Henley & Partners in a statement sent to Gulf News.

    “Such spikes happen when citizens become uncertain about the future of their country. They seek safer options for their families.”

    The Canadian immigration website was earlier reported to have crashed in the wake of Trump’s victory, fuelling speculations that there’s been an upsurge of Americans looking to emigrate to the country.

    The Republican’s victory has been met with street protests organized by residents who criticise Trump’s immigration agenda and expressed concerns over his stance on women’s rights, healthcare and gun control, among others.

    “We are seeing a comparable trend now among wealthy Americans who wonder what the next four years will hold. There has been a significant increase in enquiries to [our] website since the news broke,” said Eric Major, chief executive officer of H&P.

    Trump’s victory has been likened to “unsettling world events” that impact residents, such as the attempted Turkish coup, French terror attacks and Brexit. “Recent unsettling world event are having a significant impact on interest by wealthy individuals and families in alternative residence and citizenship,” said H&P.

    Major said they saw a similar spike in interest among Americans looking for a second passport or residence when George W. Bush was running for re-election in 2004.

    Citizenship by investment programmes allow wealthy individuals to acquire a second passport or residency in exchange for an investment. The investment amount varies from one country to another.

    Among those popular are Malta and Cyprus, both offering immigrants the right to live and work in 32 European countries including the 28 European Union member states, Switzerland, Norway, Iceland and Luxembourg. There are also other residence programmes in the United Kingdom, Switzerland, Belgium and Austria.

    “The Investment Migration Programme in Canada remains popular among Americans,” said Major.

    Source: gulfnews.com
    Posted: November 2016

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