IMMIGRATION BY INVESTMENT

By Julian Bartolo   With the possibility of obtaining a second residence or citizenship by investment, applicants and their families are choosing to migrate permanently to other countries. Business, education, better healthcare and political or social disturbances are only a few of the reasons these individuals opt to relocate to another country. Others need assurances and a default ”plan b” in the event of uncertain times.   Obtaining dual citizenship or a second residency is more than just a document in hand. Although the advantages vary from one programme and jurisdiction to another, the results of investing in citizenship &...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020

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...

IMMIGRATION BY INVESTMENT NEWS 2020

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...

IMMIGRATION BY INVESTMENT SPONSORED CONTENT 2020

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,...

IMMIGRATION BY INVESTMENT NEWS 2020