Allegations that foreign advertisers offer low-priced offers to access the Citizenship by Investment Programme (CIP) are misrepresentations, according to St. Kitts and Nevis and CBI officials, who indicate the Government takes very seriously. Such activities have never been permitted or been endorsed. CEO of the CIB Investment Unit Les Khan, recently reinforced this position while […]
Recently, the EU Parliament published a draft report on financial crimes, tax evasion, and tax avoidance. This draft report “Concludes that the potential economic benefits of CBI and RBI schemes do not offset the serious money laundering and tax evasion risks they present; calls on Member States to phase out all existing CBI or RBI schemes as soon as […]
The Estonian parliament on 5 December passed an amendment to the country’s Commercial Code to allow businesses registered in Estonia to use bank accounts in any European Economic Area country when registering share capital. The amendment removes the requirement that limited companies must use an Estonian bank account when registering share capital. From January […]
The British government is preparing to suspend a special visa program that allows wealthy investors to fast-track their settlement in the country, part of a new drive to crack down on money laundering. The Tier 1 visas will be suspended from midnight on Dec. 7 until the Home Office introduces tighter restrictions to tackle corruption […]
In a new historic achievement, the UAE passport has become the strongest passport and now ranked first globally. The exceptional achievement on December 1, 2018, coincides with the ‘Year of Zayed’ and country’s 47th National Day, and is added to country’s numerous accomplishments in various domains. The UAE, under the leadership of The President His Highness […]
Europe needs a tougher approach on immigration in order to curb the growing threat of right-wing populists, Hillary Clinton said, calling on EU leaders to show their electorates that they can no longer “provide refuge and support.” “I think Europe needs to get a handle on migration because that is what lit the flame,” Clinton […]
The UAE Cabinet approved long-term visa system for investors, entrepreneurs, specialised talents and researchers in the fields of science, knowledge and outstanding students to facilitate business and create an attractive and encouraging investment environment for the growth of business for investors, entrepreneurs and professional talents. The decision of the Cabinet follows the decision approved earlier this […]
German Chancellor Angela Merkel defended a United Nations agreement on migration in a passionate speech to parliament on Wednesday, accusing its opponents of “nationalism in its purest form.” The UN pact, to regulate the treatment of migrants worldwide, was approved in July by all 193 member states except the United States and is to be […]
The Morrison government has confirmed it will not sign up to the United Nation’s migration pact, claiming it will undermine Australia’s harsh policies to deter asylum seekers despite Australia’s role in helping to draft it. The Refugee Council of Australia and advocates have strongly rejected the government’s claim, citing the fact the compact is non-binding […]
Ministers should introduce electronic identity cards stating the right to live, work, claim benefits and use public services in Britain to address the concerns of leave voters about immigration in the event of a second referendum, a study has suggested. The report from the Global Future thinktank, backed by the remainer peer Andrew Adonis, claimed the […]
