Category: News

IMC Response to European Parliament Report on Financial Crimes, Tax Evasion and Tax Avoidance

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 […]

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Grenada Moves to Strengthen its Economic Citizenship Program

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 […]

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Trump Administration Prepares to Close International Immigration Offices

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 […]

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Knight Frank Launches 2019 Wealth Report

Knight Frank has launched the 13th edition of The Wealth Report, providing the global perspective on prime property and wealth. The annual publication includes the Knight Frank City Wealth Index; price movements across 100 luxury residential property markets; the results of Knight Frank’s Luxury Investment Index; and, the Attitudes Survey. Headlines from the report include:   […]

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New Visa Categories to Replace Tier 1 (Graduate Entrepreneur) and (Entrepreneur); Changes to Tier 1 (Investor) Route

The UK Government has proposed fundamental changes to the Tier 1 visa category through a Statement of Changes released today. Changes include: Introduction of new Start-up and Innovator visa categories to replace the Tier 1 (Graduate Entrepreneur) and Tier 1 (Entrepreneur) routes, with applicants in these categories assessed by trusted endorsement bodies vetted by the […]

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