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Oman launches investment residency scheme for foreigners

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as authorities attempt to shore up the Gulf nation's flagging economy.   Depressed demand for oil and the coronavirus pandemic has hit the sultanate's finances hard, pushing leaders to seek alternative sources of hard currency.   Foreign investors and retirees will be granted the right to long stays in the country under the scheme starting in September, the Ministry of Commerce, Industry, and Investment Promotion said in a statement....
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Families Have Six Months to Take Advantage of Limited Time Offer Under St Kitts and Nevis Citizenship by Investment

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         With civil unrest marring parts of Asia, particularly in regions like Hong Kong, younger families are seeking routes to second citizenship to protect themselves better. Both political instability and economic uncertainty have been exacerbated by the COVID-19 pandemic, triggering an exodus of those leaving their home countries searching for safety and security.   While Canada and the United Kingdom are common destinations for permanent immigration, St Kitts and Nevis recognises investors as global citizens and offers a different solution. More families are...
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Assessing China’s Presence and Power in the Caribbean

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       By Rasheed Griffith   Foreign policy discussions around China-Caribbean engagement have been uniformly skewed toward speculation on China’s intentions in the Caribbean. It is not too late for the U.S. to arrest the deepening of China-Caribbean engagement that could result in policies that are contrary to U.S. strategic interests. But assessing U.S. interests in this area requires wrestling with the facts on the ground and countering Chinese influence with realistic and robust alternatives.    U.S. policymakers have devoted little time and effort to...

NRI businessman Vedanta Baruah becomes first Assamese to get UAE's Golden Visa

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       Vedanta Baruah is the CEO of Berns Brett Masaood Insurance LLC, an insurance broking firm that has offices in the UK, the EU, and India. He was granted a special visa in the investor category by the Department of Economic Development, Abu Dhabi, UAE.   Vedanta Baruah, an NRI entrepreneur who hails from Assam's Dibrugarh district, has been awarded the UAE's 10-year Golden Visa, which is mostly reserved for prominent global personalities. Baruah is the first Assamese to receive the UAE's Golden...
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Bulgaria Enhances its Citizenship Program

    Find out how Asia Outbound can introduce you to new intermediaries for your project or services.           Amendments introduce new investment options and improved processing.   March 12, 2021 — Today, in the Bulgarian State Gazette, the recently voted bill on amending the legislation governing the country’s Investor Program for Residence and Citizenship was promulgated. Among the changes are new investment options and requirements, abolishment of the original government bond option, modified application procedure, and improved processing times.   The amendments are largely in response to the recommendations of the European Commission, which are aimed at streamlining and...
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Who is eligible and how to apply for the UAE's 10-year golden residency visa

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       By Ramola Talwar Badam   Thousands of residents have been receiving their long-term residency visas, but how can you get one?   The golden card is a long-term residency programme announced by Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, in May 2019. Not long after its launch, more than 400 investors and businessmen, including some of their families, had already been granted the visa, with dozens more receiving it each day.   Sheikh Mohammed said 6,800 investors and residents, worth an estimated...
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Malta, the 2nd Safest Country in the World & Safest Country in Europe

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         Malta retains its coveted title as the safest country in Europe for the second time.   According to the 2019 Global Wealth Migration Review, published by the New World Health, Malta ranked second globally and first in Europe.   Several criteria determined the outcome of the report. A few include; wealth growth, economic growth, press freedom, and women’s safety. The study focused on the movements of the wealthiest men and women.   Among other European countries, Malta maintained its status as a...
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Passport Papers: ‘To the clients, we say do the bare minimum’

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.       A Henley & Partners representative has admitted to advising passport buyers to “do the bare minimum” when it comes to satisfying the criteria for the scheme.     In an undercover video shot by The Guardian, Henley & Partners’ Dominic Volek explained how the one-year residency requirement does not mean passport applicants must live in Malta for the entire year.     “But in order to establish genuine links to the country, the government does want any adult applicants to spend at least three weeks...