The Dominca’s citizenship by investment (CBI) programme does not facilitate tax evasion and avoidance says a report prepared by multinational accounting firm Ernst and Young, which was published on Tuesday. The report noted that the programme, awards citizenship and that citizenship is not the basis on which a person’s obligation to pay taxes rests. Instead, […]
U.S. Embassy official said in a message to Calcalist that there has not been an official agreement on when the E-2 visa will become available for Israelis. As of May 1, Israeli citizens will be eligible for a work permit in the U.S. provided they can commit to investing “a substantial amount of capital” in […]
St Kitts and Nevis’ Minister of International Trade Lindsay Grant, recognised the important role that the country’s Citizenship by Investment (CBI) Programme plays in the development of several key economic sectors of the twin-island nation. Attending the Caribbean Green Tech Start-Up Bootcamp opening event in Basseterre, Grant highlighted the areas that benefit from revenues from […]
The passage of a bill through the Lower House of Assembly Tuesday and the Senate Thursday will give the Board of the Citizenship by Investment Programme (CIP) the authorisation to issue licenses to agents. This means that the Financial Services Regulatory Authority will in time no longer be performing that service. The bill, called the […]
The European Parliament urged EU member states on Tuesday to curb money-laundering in the bloc by ending programs to sell visa and passports, a step the multi-billion-dollar industry said would cause economic damage. The recommendation is part of a hard-hitting report which also accused seven EU countries of acting as tax havens: Luxembourg, Cyprus, Ireland, […]
Investment Migration Council (IMC) calls for EU support in raising industry standards for Citizenship and Residency-by-Investment. Phasing out the €20 billion industry, as MEPs ask, would threaten vital investments and development in peripheral economies. The Investment Migration Council (IMC) notes the European Parliament’s adoption of the TAX3 Committee report ‘Financial Crimes, Tax Evasion and Tax […]
Cyprus is preparing legislation to allow Britons already living in the country a grace period of one year to get their residency status sorted out after the official ‘Brexit Day’ on March 29, according to the British High Commission in Nicosia. “We welcome the news that in case of a ‘no deal Brexit’ there will be a grace […]
The government of Grenada has reduced the minimum investment requirement for the real estate option of the country’s citizenship by investment (CBI) program from US$350,000 to US$220,000. The new reduced investment is only applicable where applicants co-invest in a unit, for a total of US$440,000 each. Changes to Grenada’s citizenship by investment program (CBI), including […]
Shamima Begum’s family are said to have begun legal proceedings to review the decision to strip her of British citizenship. ISIS bride Ms Begum was one of three schoolgirls to leave Bethnal Green to join the terror cult in 2015 and resurfaced at a Syrian refugee camp last month. Home Secretary Sajid Javid revoked the […]
The Trump administration is preparing to shutter all 21 international offices of U.S. Citizenship and Immigration Services, a move that could slow the processing of family visa applications, foreign adoptions and citizenship petitions from members of the military. USCIS Director Francis Cissna said in an email to staffers Tuesday that he is working to transfer […]
