IMMIGRATION BY INVESTMENT

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.           By GUEST COLUMNIST    The government has announced its new action plan for attracting foreign businesses to establish or expand their activities in Cyprus.   The announcement came a year after the abolition of the previous investment program in the wake of adverse publicity that put Cyprus in the spotlight for the way it granted citizenship.   The new strategy, to be implemented from January 1, 2022, aims to attract foreign businesses and stimulate economic activity by promoting foreign investment.  ...

IMMIGRATION BY INVESTMENT NEWS 2021

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.             By Waheed Abbas, Khaleej Times   Visitors to Gitex Global 2021, which is taking place at the Dubai World Trade Centre, can find out all the details about the application process for obtaining the UAE Golden Visa.   During the five-day exhibition from October 17 to 21, officials from the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai will explain the conditions and criteria for Golden Visa and how one can get it.   The UAE Golden Visa is...

IMMIGRATION BY INVESTMENT NEWS 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         By Clare Jim and Marc Jones     SHANGHAI/LONDON, Oct 19 (Reuters) - China's property sector saw more drama on Tuesday as Evergrande shelved plans to sell a majority stake in its property services unit, Sinic formally declared default, and Kaisa was crunched by another credit rating cut.   Sources told Reuters that Evergrande, teetering on the brink of collapse with more than $300 billion in debt, had been forced to stall its proposed $2.6 billion, 51% stake sale to smaller rival...

IMMIGRATION BY INVESTMENT NEWS 2021

          By Matthew Sumner We’ve been promoting the use of low-tax jurisdiction corporate structures for over 10 years now, and have seen the full evolution of the industry from the “race to the bottom” price war, to the fallout of FACTA & CRS, now the implementation of economic substance and the most alarming yet, “Global Minimum Taxation Rate”. What was the impact of all these on the clients who were using offshore structures? Let's start with the obvious. - Disclosures to their country of tax residence, and likely some hefty tax bills & fines. - Clients...

ARTICLE CORPORATE AND FIDUCIARY STRATEGY 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.         By Alicia Herrero   Under Xi Jinping's new economic agenda 'common prosperity, China is cracking down on indebted real estate developers like Evergrande   China’s Evergrande has long been an icon. It is not only a real estate developer but a conglomerate that has embarked on many different ventures, including the production of electric vehicles.   Unfortunately, reaching such a huge size has come at the prize of huge leverage. Leverage is the use of debt in order to undertake an investment...

IMMIGRATION BY INVESTMENT NEWS 2021

By Kenneth Camilleri, Vertex Alliance, AKM-VERT-21   The demand for global mobility and investment migration has gained a fast momentum, and the tiny island state of Malta has proven to be a highly attractive solution for various high net worth individuals. Affluent individuals from all across the globe have identified Malta as the second home for their family, as their gateway to European education and investment, or even as a safe place to enjoy a peaceful retirement. Located at the heart of Europe and with a politically stable and prosperous economy, Malta is an obvious choice for investors seeking a...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2021

By Kenneth Camilleri, Vertex Alliance, AKM-VERT-21   The Malta Permanent Residence Programme (MPRP) aims at granting permanent residency in Malta to third-country nationals who can also enjoy visa-free travel within the Schengen Zone for 90 days out of 180. If you are considering investing through this program and having Malta as your second home, below is all you need to know before starting the process:   Facts about Malta Malta is located at the heart of the Mediterranean, 81 kilometers south of Sicily, Italy. Although a small state with an area of 316 square kilometers, Malta is rich in history...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2021

                By Patrick Peters CEO, ClientReferrals.com Ltd    As an immigration professional or applicant, if you     have ever dealt with the Caribbean  Citizenship by     Investment Programs (CIPs), you have most likely     experienced delays in transferring funds to these       countries.    The root cause of these wire transfer delays in   smaller     economies is “de-risking”, which   is defined by the US Department of State as “the   phenomenon of financial institutions terminating or   restricting business relationships with clients or   categories of clients to avoid, rather than manage,   risk.”     Simply put, the risk...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2021