A 2017 report by market research firm New World Wealth concluded that a record 82,000 millionaires moved to a new country in 2016, up 26% from 62,000 in 2015. The estimate is that approximately 100,000 millionaires will move country each year by 2018. A millionaire in this report is defined as those having at least […]
As a controversial U.S. investment visa scheme comes under fresh criticism, Sam Walls of Little Rock, Arkansas, faces a different problem as he courts wealthy Chinese. Walls and his team at Pine State Regional Center are looking to raise $200 million through the EB-5 investor visa program for a steel mill in the southern state […]
A top executive at an international due diligence firm is warning agents of the Citizenship by Investment Programme (CIP) to be wary of Chinese applicants who are either on the run, or may soon be on the run from the law. Vice Chairman and Global Head of Immigration Citizenship and Visa (ICV) Practice at Exiger […]
Citizenship by Investment Programmes (CIPs) in the Caribbean have been the subject of much criticism, even though the financial and economic benefits of the programmes are undeniable. These programmes are operated by: Antigua and Barbuda, Dominica, Grenada, St Kitts-Nevis and St Lucia. Are those detractors right to decry the CIP? Do they pose dangers to other […]
Prime Minister Dr. the Honourable Timothy Harris says the Team Unity-led Government views the country’s Citizenship by Investment Programme (CBI) as an integral part of the long-term development of St. Kitts and Nevis that will “bring benefits to the next generation for another 30 years.” Prime Minister Harris said this is why his Government continues […]
To the Editor: Re article, “EU Passports for Sale in Cyprus Lure Rich Russians” (Originally published on May 11): Whilst we are strong advocates of independent and οbjective journalism, we regret to note that this article remains in our view a biased account. The citizenship by investment program is an investment program and in no […]
As a part of its annual events calendar, between the 5th and 7th June, the Investment Migration Council (IMC) will be holding its annual Investment Migration Forum in Geneva, Switzerland. This is a unique forum where key players from the academic, governmental, and professional sectors will come together to discuss the industry and its future. […]
The recent credit downgrades by Fitch and Standard & Poor’s ratings agencies, and the potential effects of junk status, has wealthy South Africans seriously reviewing the available options for diversifying their personal interests and investment assets beyond the country’s borders. “We’ve certainly noticed an increase in local enquiries in the last couple of weeks,” said […]
Prime Minister of St. Kitts and Nevis Timothy Harris is confident that that the revamped Citizenship By Investment (CBI) program can protect it from criminally obtained money to obtain citizenship and is willing to sacrifice profitability in the program In order to ensure security in the process. Dr. Harris responded to questions that tainted money had […]
A report published by Forbes – a leading global media company – states that Chinese investors are turning to the US L1 visa to extend their stay in America. The report comes amid increasing uncertainty over the future of the EB5 green card program. According to Forbes, the controversial EB5 immigrant investor scheme is ‘losing […]
