EB-5 has for many years been a runaway success. But with ever-increasing waiting times and long delays for some nationalities, defining the right strategy has become the most important exercise of the immigration process, says Edward Beshara, US Attorney at Law. The USA’s EB-5 Programme has long been considered the gold standard of residence- by-investment […]
Titan of industry is not a term that is easily attributed. Austin Fragomen could lay claim to this title, but it is certainly nothing he would ascribe to himself. However, with more than 4,200 employees, offices in almost 30 countries and a ranking as one of the top 60 legal firms in the US, […]
The development of global standards for the investment migration industry needs to be an urgent priority for the sector. Long-term success will only be brought about if international institutions and civil society have confidence in the industry, writes Bruno L’ecuyer, Chief Executive of the Investment Migration Council. Investment migration is a $2 billion […]
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 […]
