Disgraced and saddled with $24 million to pay back to defrauded investors, developer Lobsang Dargey has been released from federal prison. It marks the latest chapter of Dargey’s extraordinary journey from Buddhist monk, to Tibetan refugee, to entrepreneur who spearheaded towering projects around Puget Sound, to convicted fraudster who duped over 200 Chinese investors out of millions […]
Sweden’s top migration official has warned the country is a ‘safe haven for war criminals and potential terrorists,’ as it gives passports and benefits to suspected dangerous criminals, shielded from deportation by legislation. The northern European country is remarkably welcoming to foreigners seeking refuge, but Sweden can reject an application on security grounds. The Swedish […]
A legal technicality has led Cyprus to temporarily halt a process to strip citizenship from 26 individuals who benefited from a secretive passports-for-investment scheme, lawmakers said on Monday. A lucrative citizenship for investment scheme run by the Mediterranean island has been under scrutiny both in Cyprus and abroad after the disclosure that some of the […]
A coming together of the region’s Citizenship by Investment programmes is needed. This was the plea by the Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine at a recent press briefing here. Antigua and Barbuda, Dominica, St. Kitts and Nevis, and Saint Lucia all operate CBI programmes. There are, however, many differences separating […]
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow […]
To ensure the immigration program’s uprightness, following second citizenship demand, the administration says it is focused on dedicating funding for progressively powerful security checks. “The interest for economic citizenship in our nation brought about expanded expenditure for individual verifications and other expanses related with the support of a powerful CBI Program,” said Prime Minister Harris. […]
The UK is set to leave the European Union today at 11pm, 31 January 2020, with Brexit day marking a new era for the nation and the future of UK immigration policy. Over the past three decades, immigration to the UK has boomed. Since 1990, 14 million people have arrived in the UK and nine million […]
The controversial cash-for-passports scheme will be retained, Prime Minister Robert Abela confirmed after pressure from the opposition and the business lobby to suspend or scrap it. Dr Abela was speaking after Nationalist party leader Adrian Delia said he had refused to consult with the government on who should be appointed the programme’s regulator. Dr Delia […]
President Trump added six countries to his administration’s travel ban Friday — including Nigeria, Africa’s most populous country — in a widely anticipated expansion that Democrats blasted as “clearly discriminatory” against people from predominantly black and Muslim nations. Citing national security concerns, officials at the Department of Homeland Security and the State Department said Trump’s […]
Following a comprehensive round of retroactive due diligence on citizenship by investment applications approved prior to the 2018 tightening of vetting procedures, Cypriot authorities identified 26 cases of inappropriate naturalizations. To rectify missteps of the past, the government vowed to revoke those citizenships. But the country’s own citizenship law has so far foiled the revocation plans. Philefteros explains the convoluted […]
