The Hungarian Government Debt Management Agency (ÁKK) announced that the government will stop accepting requests for Residency Bonds on March 31stof this year. The Residency Bond system is a program that allows wealthy foreigners to essentially purchase a permit of permanent residency from the government in exchange for a deposit of 300,000 euros, which is […]
On the 24th January, the European Commission published its third EU Citizenship Report, presenting actions to ensure citizens can fully enjoy their rights when working, travelling, studying or participating in elections. Europeans are more than ever aware of their status as citizens of the Union and the proportion of Europeans wanting to know more about […]
To access the data sheet on the Portugal’s Golden Residence Programme (GRP) results as of the 31st December 2016, please click here
With only six months on the job, the Chief Executive Officer (CEO) of the Citizenship by Investment Unit (CIU) Chisanga Chekwe has tendered his resignation to Prime Minister Gaston Browne. However, the reasons for the CEO’s resignation remain unclear. When the prime minister was contacted yesterday he declined to give the reasons for the CEO’s […]
Les Khan, CEO of the Citizenship by Investment Unit (CIU), announced today that the Cabinet has approved changes to the Citizenship by Investment programme. The changes are being implemented to better integrate applicants into the life of the Federation by supporting applications from families. To this end, the announced changes include the lowering of the […]
Caribbean citizenship by investment (CBI) programmes are among the best in the world. With the option of investing in real estate or contributing directly to national foundations and trusts, qualified applicants can be granted citizenship in as little as 90 days. Owing to its simplicity, low cost, vast global mobility and quality of life, Grenada’s […]
On January 1, 60 Minutes — an investigative programme aired by the US television company, CBS Corporation — ran a segment on ‘Citizenship by Investment Programmes’ (CIP) that are operated by several countries around the world. For reasons best known to itself, 60 Minutes focused on three Caribbean islands after paying merely a passing glance […]
An Everett developer’s guilty plea Wednesday to federal fraud charges is the latest example of abuse of the EB-5 program offering green cards to foreign investors. Lobsang Dargey used the program to fuel his fast rise in the Puget Sound real estate industry. Now, he faces up to 10 years in federal prison and must […]
Residency-by-investment programs are an attractive option for some HNW individuals, but may be designed to the detriment of the country in which the program is available. According to our 2016 Global Wealth Managers Survey, 18.7% of total HNW wealth is held offshore. HNW individuals may invest in markets outside their country of origin for several […]
Prime Minister Mackenzie King was the first Canadian citizen. On January 3rd 1947, at Canada’s Supreme Court in Ottawa, he took the oath. Yesterday, 26 new Canadians did the same, also in the Supreme Court. 70 years, and a couple of revisions later, people are waiting in queues around the world, eager for the opportunity. “To […]
