The Grenada Government has announced its commitment to make Grenada CBI more attractive and competitive. A bill for amendments for Grenada Citizenship by Investment Act 2019 has been debated in the lower house and will soon be implemented. Removal of permanent residence as a pre-requisite for citizenship Remove the requirements for dependent children between the ages of 18 and 30 to be…
The Golden visa schemes today runs in over 20 countries worldwide with US/Canada running the oldest in the world since 1990’s leading from the front. The golden visa attract some $10 billion annually We at Best Citizenships, designed a Points based scoring (PBS) model to rank golden visa schemes evaluating 10 most important ranking metrics. Our model has taken…
Home office has announced new changes to UK golden visa scheme known as tier1 investor visas effective from 29 March 2019. Here are the most important changes under the new reform proposed by Home office for tier1 investor and entrepreneur category Government bonds has been excluded Applicants must open a UK bank account complying with AML/Due diligence/KYC Hold…
Monaco has High proportion of multi-millionaires – approximately 2,800 of Monaco’s 40,000 residents are worth over US$10 million.
Australia was the top country worldwide for HNWI inflows in 2017, beating out its main rival the US for the third year running, according to New world wealth report. Australia attracts significant number of HNW millionaires from China, United States and UK for a number of reasons. Approximately 95,000 millionaires (HNWIs) migrated to another country 2017, of…
The Citizenship by investment is a new concept for corporates which only became popular and gained momentum in late 2010. Corporate investors investing in new hotels, resorts or other enterprise projects in sustainable development, are eligible for citizenship through investment schemes. All corporate investors who own shares of certain threshold also qualify for citizenship including their family members These…
The Lisbon real estate prices is fast growing year by year, as Portugal becomes popular with tourism, quality of life, golden visas and Airbnb . There are reasons for rise in property prices. Brexit: United Kingdom is leaving the European Union. So the companies are moving to Portugal (and other countries as well). Awards: Lisbon have been winning several…
The Ireland Immigrant investor program (IIP) dubbed as Irish golden visa was introduced in April 2012 to encourage inward investment to create business and employment opportunities in the State. The €1 million in projects must be made for a minimum of three years, which may be renewable following a review. As of Feb 2019 statistics published by Justice department…
The Home office has refused 34 tier1 investor visa applications for the year 2018. The overall refusal rate stands at 8.5%. Each application refused brings £2 million investment funds into the UK by foreign investors. Close to 400 investor applications received from rich foreign investors for 2018 and 378 have been granted entry clearance for 40 months. 2018 Tier1…
Third country nationals can acquire Belgian residence through investment by following two cumulative procedures: one procedure to obtain a professional card and a second procedure to obtain a residence permit. The legal basis for the acquisition of a professional card in Belgium is the Act of 19 February 1965 regarding the exercise of self-employed professional activities by foreigners. The Royal Decree…