In the wake of BREXIT, this third issue of our ‘Bulletin’ naturally includes a look into the issues that affects more than 5m people in the EEA. On the implications of the UK’s separation from the European project Maria Patsalos & David Deane offer their thoughts on what this historic vote means for EEA nationals. Julia Onslow-Cole provides an insight into the trends the vote is having almost three months on.
In other developments around the world Peter D. Joseph writes about the significant contributions EB-5 has made in the USA and the Actions to Improve EB-5 Program Integrity. Michail Kamperis lays out the changes Cyprus is making to its own CBI programme.
The diversity of the IMC’s membership base is evidenced with contributions from Antigua & Barbuda, China, Russia and an interesting analysis on developments in post sanctions Iran.
If you are one of the 300 who attended the Investment Migration Forum in June, thank you for making this a success, the feedback we have received has been overwhelmingly positive and has firmly established the gathering as the most important independent event of its kind in the world. Next year’s event will take place between the 5th and 7th June in Geneva.
Once again the team at the secretariat has worked to bring together a team of leading experts in the field, many who also participated in the Investment Migration Forum, their technical knowledge is highly sought ensuring investors have the right information to make a decision about their future.
Investment Migration Council
Articles from our Members
& David Deane
Brexit – Two Months On
The UK immigration landscape continues to be dominated by Brexit. The questions of ‘when’, ‘how’ and ‘what’ remain unanswered and some commentators are even starting to question ‘if’ Brexit will actually take place, although this may be wishful thinking. Whilst focusing on the possibility that Brexit might not actually happen may provide some comfort to many immigration… Read more >
The Brexit Effect
On 23 June 2016 more than 30 million people in the United Kingdom took part in a referendum to decide the UK’s future within the European Union, with 52% of people voting to leave the EU. What followed has been described as the Brexit (Britain’s exit from the EU) ‘earthquake’. The aftershocks were felt worldwide, resulting in significant uncertainty for EEA nationals, their families… Read more >
Peter D. Joseph
EB-5 Regional Centers: An Indispensable Economic Development Tool in the 21st Century
The EB-5 Regional Center Program (the “Program”) is responsible for tens of billions of dollars in capital investments and tens of thousands of American jobs. It is critical for lawmakers to understand the detrimental consequences to the U.S. economy if they allow EB-5 to lapse or expire…. Read more >
Much Ado in the World of High Net Worth Individual Movement: Trends and Challenges in 2016
As we head into autumn, 2016 already promises to leave behind a history of significant events. From Brexit to Schengen to global security challenges there is much ado in the world of High Net Worth Individual (HNWI) movement.As the sun sets on Rio’s 2016 Olympics, we look at how Brazil fares against the rest of the world in HNWI growth and migration. Compared to the growth… Read more >
Cyprus Citizenship-by-Investment Program – September/2016 Amendments Reduce Minimum Investment and Introduce Residence Requirements
The Cyprus Citizenship-by-Investment program was amended on 13 September 2016, pursuant to a decision of the Council of Ministers. The new decision aims to make a successful Citizenship-by-Investment program even… Read more >
What’s Driving Economic Citizenship for Asia’s Elite
Traditionally, the majority of the world’s wealthy elite have hailed from those parts of the world with advanced Western economies; most notably from Europe and North America. However, this trend is shifting east as Asia now mints more new high net worth and ultra high net worth individuals than any other part of the world. At the end of 2015, there were 5.1 million high… Read more >
With its efficient processing, rigorous due diligence, wide choice of investment options and the sheer physical attraction of the islands, the Antigua & Barbuda Citizenship-by-Investment Programme is fast becoming a jurisdiction of choice. In fact, according to the Henley & Partners Visa Restrictions Index 2016, Antigua and Barbuda is the “leading country in the Caribbean.… Read more >
Doing Business with Iranian Individuals and Entities One Year on Since the Lifting of the Sanctions
On 14 July 2014 P5+1 and Iran agreed the Joint Comprehensive Plan of Action (“JCPOA”) after marathon negotiations in Vienna. This historic deal was eventually to put an end to nuclear sanctions against Iran. This happened on 19 January 2016 which is known as the implementation day… Read more >
Modern Chinese Immigration
As we know, China is the second largest economy of the world and Hurun Report (2015) further shows that it’s the first time the number of billionaire in China is more than the one in the US. Chinese now are actively seeking for transformation and globalization particularly through oversea migration. In the immigration market, China lately moved up its ranking as the 4th largest… Read more >
Dual Citizenship Controls and Restrictions in Russia
This article concerns the dual citizenship control and restrictions in Russia on the background of general increasing legislative pressure in the Russian Federation, which have had place for several last years. Before anything else, it is necessary to point out that dual citizenship came into the Russian law only 25 years ago with crumbling the Soviet system and adoption of a new… Read more >
New IMC Members
We are happy to welcome 45 new members from 35 countries.
Ahmed Mohamed Ghattour
Andreas Alexandros Philippides
Chee Mee Ho
Inigo Angel Lecanda Crooke
Kirsten Marie Woo Siew Lee
Matthew Andrew Yngson
Nicole Teo Jia Ling
Romell Indar Paul Tiwari
Shue Ting Sharon Chan
Important Events for your calendar
Iran Sanctions: What has been achieved and where do we go from here?
Pars Business Club will hold an event on the 29th September in London. The keynote speaker is Lord Lamont of Lerwick who is the UK’s trade envoy to Iran and a former Conservative Chancellor of the Exchequer. Sharokh Koussari will present on the ‘Current state of the Iran Sanctions Regime.’ The event is by invitation ONLY. Any enquiries should be directed to [email protected] or [email protected]
The 6th Annual EB-5 Industry Forum IIUSA
On October 10-11, Invest in the USA (IIUSA), the national not-for-profit industry trade association for the EB-5 Regional Center Program will hold its 6th Annual EB-5 Industry Forum on the campus of the University of California Los Angeles (UCLA) in Westwood, CA. Attended by international investment and economic development professionals from around the world, the EB-5 Industry Forum will feature panels on legislative and regulatory activities that will shape the future of the EB-5 Program. Read more >
10th Global Residence & Citizenship Conference
Henley & Partners is pleased to host its 10th annual Global Residence and Citizenship Conference in London in November 2016. Having successfully hosted this event in locations globally over the past decade, we expect the event in London to be the largest and most influential yet. Read more >