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…
Stamp 4 is an immigration permission to stay in Ireland for a specified period, subject to conditions. This stamp is issued for long term residence to several categories for long term residence All applicants and family members who have been approved under Irish immigrant investor program will receive a residence permit card with stamp 4. Ireland since Dec 2017…
EB-5 requires a minimum investment of $500,000 and most importantly must create jobs. Despite its popularity, the biggest problem with EB-5 is backlogs and long waiting times since filing the I-526 petition.
Building on its long and varied maritime tradition, Malta, a member of the European Union, has today established itself as one of the leading maritime hubs and service centres in the Mediterranean region. Malta has established itself as a flag of choice within the pleasure yacht sector, and consequently, has the largest shipping registry in Europe. An optimized VAT finance leasing…
The Cyprus government has approved new changes to the cypriot citizenship by investment scheme effective from May 2019. Currently Cyprus offers citizenship to foreign investors for €2 million euros, which requires buying a home for half a million euros. Cyprus issued citizenships to 1,864 investors since 2013 raising some EUR 6.6 billion euros with 24% of total transactions invested…
