In early 2018, the OECD raised concerns about whether Residence by Investment (RBI)/Citizenship by Investment (CBI) programs are being used to circumvent the goals of the Common Reporting Standard. In other words: Do RBI/CBI programs somehow allow people to improperly escape or obfuscate identifying their country or countries of ‘tax residency’? This OECD […]
Artificial Intelligence’s impact on the banking industry has prompted discussions about how immigrant investor industry stakeholders can use Artificial Intelligence (AI) to drive efficiency and sustainability. AI-enabled solutions support modern Know Your Customer (KYC) practices, resulting in better risk analysis and assessment of potential new applicants AI involves training computers to perform cognitive […]
Historically, seeking permanent residency (Green Cards) in the United States has not been the first choice for High Net Worth Individuals (HNWIs) from Russia for a multitude of reasons. Taxation on world-wide income – which all US residents are subject to – was the main deterrent. Another obstacle was the distance between the two […]
An individual may decide to change residence or acquire a second citizenship for a variety of reasons. These may range from wanting a better education for their children to wishing to boost travel opportunities. It may quite simply be the natural desire to secure a more stable living environment for their family. Whatever the […]
In recent months, there has been a significant reference to establishing harmonization amongst the five Caribbean Citizenship by Investment Programs (CIP’s). There can be no denying that the theory is sound but the practicalities of such a harmonization are much more difficult. Each participating country is a sovereign state and therefore has the […]
The CBI industry has experienced stellar growth in past years. While a few years ago there was only a handful of firms in the industry, Investment Migration Insider puts the number today at over 400. Low barriers to entry, interesting margins, and a growing number of high net worth individuals have attracted many to […]
Competitiveness and attractiveness of Italian industry leads revamped economic growth of our Country. Going on with its path aimed at attracting international flows of human and financial capital, Italy broadens its borders to foreign investors. After the launch on June, 24th 2014 of the Italia Startup Visa (ISV) program, which facilitates the visa […]
Since Section 17 of the Australian Citizenship Act has been repealed on 4 April 2002, Australians no longer lose their citizenship when acquiring the citizenship of another country.[2] The 116-year-old Section 44(i) of the Australian Constitution, however, still forbids anyone holding plural (dual or multiple) citizenship from running for Parliament.[3] In the wake of […]
I am positive the Direct EB-5 and Regional Center EB-5 program will continue even though the program is in a state of flux and the predictability of the date of proposed changes is uncertain. There are hundreds of EB-5 Regional Center projects that have started and continue to receive EB-5 investors so that the […]
Grenada’s Prime Minister and Minister of Finance in presenting the country’s 2018 Budget, noted that Grenada’s Citizenship-by-Investment (CBI) Programme has exceeded all expectations in 2017 and is now regarded as one of the highest-rated CBI programmes in the world. An impressive performance is projected for 2018 not only because of increasing recognition of Grenada’s […]
