IMMIGRATION BY INVESTMENT

COMPANY INTRODUCTION Founded in 1977, Pafilia is the largest privately-owned residential developer in Cyprus, dedicated to developing world-class properties for personal living and investment. With over 40 years’ experience, Pafilia is Cyprus’ leading luxury property developer with award-winning projects and a comprehensive property portfolio including Minthis, the island’s most exclusive golf resort, ONE, Europe’s tallest seafront residential tower, and Neo, which is set to be a new landmark in the country.  With our uncompromising effort in delivering the best in concept, design, quality and service, we continue to transform and set the benchmark for the Cyprus real estate sector. We...

IMMIGRATION BY INVESTMENT SPONSORED CONTENT 2020

"No matter where you are, our mission is to tailor the best investment and immigration services for you." For many years, the UK has been the first choice for HNWIs to settle down and invest. The sudden outbreak disrupted many people's plans and seriously affected the international immigration market. In the face of the COVID-19, various countries have made many moves; the United States tried to prevent new immigrants from entering and suspended the issuance of green cards. Thailand has suspended landing visas. Many European countries have completely blocked their borders. In contrast, the move of the Home Office is...

IMMIGRATION BY INVESTMENT SPONSORED CONTENT 2020

Ever-changing global markets provide a diverse range of investment opportunities, which makes it more challenging to keep up with or even to tap into alternative options. We at BAO look at markets from a different perspective with an aim to help broaden your investment horizon. According to the China Global Investment Tracker, the value of China’s overseas investment and construction industries combined since 2005 amounted to over $2 trillion. The rapid development of China’s foreign investment is an inevitable result of the robust economic development, international financial management and focussed strategies of China’s wealthy family groups. China is opening up...

IMMIGRATION BY INVESTMENT SPONSORED CONTENT 2020

The Grenada Citizenship by Investment Programme (GCIP) raised EC$166 million in 2019, 13% more than its 2018 record. Driving the upward trend was a sharp uptick in real estate investments during the fourth quarter. The GCIP received 373 applications in 2019, 60 more than in 2018, the previous record year. Of those, the Grenada CIU rejected 44, a refusal rate of about 12%. The CIU’s decisions resulted in 814 new citizens. Grenada’s real estate option appears to be enjoying a renaissance; in the fourth quarter, the number of investors who opted for property invested exceeded that of those choosing donations,...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020

This next September will mark seven years since the Law 14/2013 of Support For Entrepreneurs And Their Internationalization (the Spanish “Golden Visa” Law) entered into force in Spain. The Spanish Administration has not still published the figures for the full year of 2019 but, in the first half of the year alone, Spain approved 848 applications for residence by investment, making it the second-most applied-to investment migration program in Europe during the period, surpassed only by that of Greece, which has a real estate investment option significantly lower in price terms.  This success may reasonably constitute the basis of making investment migration a policy-priority and...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020

The volume of applications to Turkey’s citizenship by investment program (CIP), as reported by the government, defies belief; nearly 25,000 new citizens in 17 months. In September last year, Turkey’s Interior Ministry said 2,611 investors and 7,351 dependents had obtained citizenship by investment under Turkey’s CIP in the first year since investment requirements were reduced from US$1 million to US$250,000. Those figures came as a shock to the RCBI-world; seemingly out of nowhere, the program had become the world’s most popular CIP, the absence of a visa-waiver agreement with Schengen notwithstanding. Now, a recent set of data from the government put to...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020

Faced with rising minimum investment requirements among residence and citizenship by investment programs across the globe, China’s IM market will respond in one of three ways. Just as we rang in the new year, Singapore set off the opening salvo on 2020 investment migration (IM) program price hikes, and several other programs have hinted at intentions to follow suit. We needn’t look far for examples: The Greek government has publicly contemplated a doubling of required amounts for its golden visa program; the Australian government says it believes requirements for its SIV are too low; the US EB-5 program recently raised prices by 80%. How...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020

Investors filed 7,904 applications for the Malaysia My Second Home (MM2H) program in 2019, according to the Ministry of Tourism, Arts, and Culture reports The Malaysian Reserve. While the number of approved applications is, as yet, unknown, the program has historically had a very low rejection rate and we may presume the final approval figure will be less than 10% below that of applications. The number makes the MM2H the world’s largest investment migration program by a wide margin; number two on the list in 2019 was the US EB-5 program, which approved 3,659 applications (as measured by I-829 forms). Mainland...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020