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Dominica to Implement a New Entrepreneur Visa Program

By Caribbean News Global contributor   ROSEAU, Dominica – The government of Dominica has announced that it will be launching the Entrepreneur Visa, designed to recognize the government’s interest in providing a unique status to applicants who make a significant financial investment in the country.   The visa platform is also designed to “add valuable foreign direct investment into the private sector. Moreover, it clearly defines the requirements for the grant of a residency permit via investment in an effort to encourage further investment into the island. Finally, this program represents additional avenues for engagement with investors who are looking for...

Major Changes Coming to the Portugal Golden Visa Program

By Latitude Residency and Citizenship   The Portugal Government is set to make significant changes to their popular Golden Visa program that will have major implications for clients considering this popular EU residence by investment option.   Why is the program so popular?   The Portugal Golden Visa program has been one of the world’s most successful residence by investment programs due to its minimal residence requirements and flexible path to citizenship. Portugal residence permit holders also gain the right to live and work year-round in Portugal and enjoy visa-free access to the entire EU.   They offer several qualifying investment options...

Citizenship Investors Make Grenada the Number One Choice in the Caribbean

By Special Correspondent   ST GEORGE’S, Grenada — The government of Grenada has announced a 25 percent increase in successful citizenship applications in the first half of this year, with more than 500 granted between January to June. The statement attributed the increase largely to the popularity of Range Developments’ Six Senses La Sagesse project.   Experts say that Grenada’s success validates its strategy of maintaining its pricing in the face of drastic reductions from its competitors. It can afford to do this because it is the only country offering visa-free travel to China and the opportunity of living in...

Cayman Islands - The New Regulatory Regime for Private Funds

The Private Funds Law, 2020 (the "Law") came into force on 7th February 2020 and introduced a requirement for the registration of closed-ended funds (typically, investment funds which do not grant investors with a right or entitlement to withdraw or redeem their shares or interests from the fund upon notice) with the Cayman Islands Monetary Authority ("CIMA"). The Law refers to these closed-ended funds as “Private Funds”. Mutual funds (e.g. open-ended hedge funds) are not caught by the Law and continue to be regulated by the Mutual Funds Law (2020 Revision) as amended. Accordingly, there is now a regulatory regime...

Wealthy Britons Turn to Cypriot Citizenship

The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken.   Investment immigration firm Astons said it had seen a 50% and 30% year-on-year increase in interest from clients seeking Cypriot or Greek citizenship respectively this quarter, less than four months before UK passport-holders are likely to lose their rights to freedom of movement across the EU.   Henley & Partners also reported a rise in requests for advice on investment migration applications to Malta,...

The 4 Reasons Chinese Investor Migrants Don’t Physically Relocate

As the global investment migration heavyweight, China accounts for some two-thirds of applicants globally. In the last decade alone, more than 57,000 Chinese together spent at least US$44 billion on residence by investment programs. But only a tiny proportion of those actually moved to their new country of residence/citizenship. Each year, hundreds (if not thousands) of Chinese investor migrants see their permanent residence permits canceled over their failure to meet physical presence requirements, typically in places like Australia and Canada. In this article, we’ll try to dissect the reasons why Chinese investors are so often migrants on paper only.   #1 –...

A Brief Guide for Foreign Investment Migration Firms Entering the Chinese Market

Foreign investment migration firms entering the Chinese market, broadly speaking, follow one (sometimes two) of three business models: Targeting clients directly (B2C), relying on partnerships with local immigration firms for client-flow (B2B), and developing business with chiefly institutional partners. Making the wrong choice often spells disaster.   Few firms can afford to ignore the Chinese investment migration market which, for at least 15 consecutive years, has been the world’s largest. The question, for most, isn’t whether they should penetrate the Chinese market, but how they should go about doing so.   The three prevailing models are:   §  B2B § ...

The 7 Guiding Principles of Chinese HNWI Overseas Property Investors

In a pandemic world, where most business activities and travel have been, to a great extent, restricted, the downtime caused by coronavirus has allowed many of us to probe into several issues, particularly those relating to how the pandemic is affecting our own corner of the economy.   I’ve used some of the additional time afforded me by all this down-time here in Singapore to interview some Chinese veterans in the sphere of property development and understand their philosophy on overseas real estate investment. I’ve distilled their answers into seven guiding principles.   Chinese overseas investors adhere to these principles...