Portugal’s Golden Residence Permit Programme (ARI) – as of the 31st December 2016
To access the data sheet on the Portugal’s Golden Residence Programme (GRP) results as of the 31st December 2016, please click here
CIP Boss Tenders His Resignation From the CIU
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 […]
St. Kitts and Nevis Citizenship-by-Investment Programme Makes Applications From Families More Accommodating
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 […]
Global Citizenship for a Sustainable Economic Future
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 […]
Citizenship-by-Investment Programmes Not the Villain
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 […]
Dargey Fraud Adds Strike Against Foreign Investor Program EB-5
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 […]
Investments With an Impact Will Drive Residency Programs
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 […]
70 years of Canadian Citizenship
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 […]
Ambassador Casroy James Should Stand Down
Antiguan and Barbudan diplomat Casroy James is being called on to voluntarily step down after he admitted to receiving monies purported to be bribery payments, but which he said were legitimate fees for consultancy work. Former National Security Minister of St Kitts & Nevis Dwyer Astaphan said that James, Antigua & Barbuda’s Ambassador to the […]
Changes to Citizenship by Investment Regulations: Saint Lucia
On December 22nd, 2016, the minister to whom citizenship-by- investment is assigned signed a statutory instrument making amendments to the Citizenship-by-Investment Regulations No. 89 of 2015. At this time, these are the only changes that have been made to the Citizenship-by-Investment legislation. Please see below the full text of the changes made. In exercise of […]
