With its efficient processing, rigorous due diligence, wide choice of investment options and the sheer physical attraction of the islands, the Antigua & Barbuda Citizenship-by-Investment Programme is fast becoming a jurisdiction of choice. In fact, according to the Henley & Partners Visa Restrictions Index 2016, Antigua and Barbuda is the “leading country in the […]
As we head into autumn, 2016 already promises to leave behind a history of significant events. From Brexit to Schengen to global security challenges there is much ado in the world of High Net Worth Individual (HNWI) movement. As the sun sets on Rio’s 2016 Olympics, we look at how Brazil fares against […]
On 23 June 2016 more than 30 million people in the United Kingdom took part in a referendum to decide the UK’s future within the European Union, with 52% of people voting to leave the EU. What followed has been described as the Brexit (Britain’s exit from the EU) ‘earthquake’. The aftershocks were felt […]
Traditionally, the majority of the world’s wealthy elite have hailed from those parts of the world with advanced Western economies; most notably from Europe and North America. However, this trend is shifting east as Asia now mints more new high net worth and ultra high net worth individuals than any other part of the […]
The UK immigration landscape continues to be dominated by Brexit. The questions of ‘when’, ‘how’ and ‘what’ remain unanswered and some commentators are even starting to question ‘if’ Brexit will actually take place, although this may be wishful thinking. Whilst focusing on the possibility that Brexit might not actually happen may provide some comfort […]
The EB-5 Regional Center Program (the “Program”) is responsible for tens of billions of dollars in capital investments and tens of thousands of American jobs. It is critical for lawmakers to understand the detrimental consequences to the U.S. economy if they allow EB-5 to lapse or expire. From 2005 to 2015, over $15 […]
Italy opens its borders to foreign investors. From 9 February 2016, applications for investor work permits may be submitted in Italian to the local immigration authorities via a dedicated web site. In effect, on 2 February 2016, Italy enacted the annual decree setting forth the quotas for 2016 that apply for different categories of foreign […]
A long term extension of the regional center EB-5 program failed to pass Congress in 2015 mostly because of intractable differences between rural and urban interests. Various proposals were floated seeking to incentivize rural investments and discourage urban investments by providing a reduced investment amount based on various artificial configurations of census tracts. In the […]
In recent years, many countries signed an agreement with the United States, known as the Foreign Account Tax Compliance Act. This enables automatic reporting to the US tax authorities of financial data of any Americans with bank accounts in their territory, such as income from savings. These agreements inspired the OECD and the G20 to […]
The biggest issue presently in the U.S. EB-5 investment green card program is the long quota waiting list for Chinese national investors, who comprise over 85% of all investors in the EB-5 program. Because the waiting list may exceed 4 to 5 years before the investor can immigrate to the U.S., investors and their representatives […]
