European Commission Vice-President Jyrki Katainen on Monday called for greater transparency in schemes allowing foreign nationals to acquire EU citizenship through investment, while Nicosia pushed back defending its passport programme. Katainen, on a two-day visit to the island, called for a standardised process across the bloc to ensure proper vetting of non-EU nationals seeking to […]
Votes by MPs this week sought to keep open the prospect of a negotiated deal. A bid to stop a “no deal” Brexit was defeated, and that outcome remains a possibility. Wealth managers ponder the implications. Late on Tuesday this week UK legislators voted against an attempt to prevent a “no deal” Brexit (in which […]
Three Americans hailed as heroes for thwarting a jihadist attack on a train between Amsterdam and Paris were officially welcomed as French citizens on Thursday in a ceremony in the US state of California. Anthony Sadler, Alek Skarlatos and Spencer Stone, all aged 26, “risked their lives for the values of the republic,” Emmanuel Lebrun-Damiens, the […]
A London-born former England youth international signed for Beijing Guoan on Thursday and will take Chinese citizenship, in a landmark move for Chinese football. Ex-Arsenal player Nico Yennaris arrived from English second-tier side Brentford and was joined at Guoan by fellow midfielder John Hou Saeter, who was born in Norway. The duo — both of […]
Investment Migration Council Press Statement We welcome the Commission’s report. It represents progress towards the establishment of a rigorous, fair and formalised system for investment migration (IM) with standards that will mitigate risks of abuse. The IMC has shared these values and objectives since our foundation. We support enhanced transparency by putting in place […]
Bulgaria’s Justice Ministry is proposing amendments to the Bulgarian Citizenship Act which would scrap the possibility of obtaining citizenship through investing in the country, among other steps to refine the requirements for applicants for citizenship. Under current law, citizenship of Bulgaria may be obtained by an individual who invests a minimum 500 000 euro in […]
Antigua and Barbuda’s controversial citizen by investment, Mehul Choksi, has surrendered his native Indian passport, in what is being described by Indian news outlet NDTV as a move to avoid extradition. According to the news outlet, Choksi, a wanted fugitive in his native country, has given up his Indian citizenship and listed his new address […]
The UAE government has granted the first batch of 10-year residency visas to the finalists and winners of the Mohammed bin Rashid Medal for Scientific Distinction, as the country pushes forward its status as an incubator of talent and innovation. The names of scientists were announced during the second annual meeting of the Mohammad […]
Prime Minister Roosevelt Skerrit has criticised the Organisation for Economic Cooperation and Development (OECD) for labelling several Caribbean countries as tax havens and called for a unified regional approach to deal with the Citizenship by Investment Programme (CBI). Dominica and several Caribbean countries, including St Kitts-Nevis, Grenada, St Lucia, and Antigua and Barbuda use the […]
President Donald Trump said Friday he would make it easier for top-skilled workers to stay in the United States and become citizens, offering uncharacteristic praise for immigrants´ contributions. Trump pledged to reform coveted H1-B visas, for which three-quarters of applicants are from India, most of them in the technology sector. “H1-B holders in the United […]
