IMMIGRATION BY INVESTMENT

The Asia Offshore Association is pleased to announce the highly anticipated 5th annual forum, to be held in Asia’s leading financial center, Hanoi in Vietnam. Through presentations, workshops, and panel discussions, the topics to be addressed include the most pressing issues in Asia’s offshore Wealth Management, Succession and Residency Planning, Corporate Structuring and more. About the Forum As well as building your brand and business, the benefits of this prestigious event include an unparalleled opportunity to share best practices and learn more about safely and successfully navigating the investment, financial and corporate service industries in Asia, in order to give...

IMMIGRATION BY INVESTMENT NEWS 2019

Day 3 Today's topic On May 23, 2019, the Asia Outbound Summit with the theme of "Global Financial Regulation and the Globalization of China's Private and Corporate Wealth" continued in Shenzhen. The day's discussion focused on corporate structuring - the best strategies for international tax planning, structure optimization and global compliance when Chinese companies make overseas investments, list and merge. Background reviews By 2018, Greater China had more than $19 billion of outbound investment and more than 3.48 million millionaires with $1 million in assets. For those engaged in cross-border financial asset investment and offshore asset allocation, the most important...

IMMIGRATION BY INVESTMENT NEWS 2019

On the whole, 2018 was the investment migration industry’s best year on record in several respects; never have so many individuals invested so much in so many residence and citizenship by investment (RCBI) programs. An ever swelling number of citizenship and golden visa programs - with price points running the gamut from $30,000 to £2 million - are bringing the market into the arena of the mass affluent. Investing in a residence permit or a passport is quickly becoming ordinary and unremarkable, a matter that’s attracted the attention of a long list of small economies now realizing the untapped economic...

IMMIGRATION BY INVESTMENT REPORTS 2019

By Dr. Clint Bennetti – Director of Trusts and Corporate Services at Kylin Prime Group The Malta Residency and Visa Regulations have been amended to extend the list of Qualifying Investments. The revised regulations now state that that the investments referred to in regulation 6(1) (d) of the said regulations, can be made in debt or equity securities listed on the Official List of the Malta Stock Exchange. Investment in these securities may also be achieved through an investment in collective investment schemes that are licensed and are on the Official List of the Malta Stock Exchange. These changes are...

IMMIGRATION BY INVESTMENT REPORTS 2019

The citizenship by investment market has grown at a ferocious pace in the last few years; New programs have entered the fray, and existing ones have seen their application volumes grow. But how many individual passports have been issued to participants in citizenship by investment programs worldwide, all told? We’ve been digging through the data and come up with what we’re confident is the most accurate estimate ever compiled on the total number of economic citizens in the world. Throughout the analysis, we explain how we calculated our estimates. We’ve had to rely not only on official program reports but...

IMMIGRATION BY INVESTMENT REPORTS 2019

Speaking to Malta Today, Jonathan Cardona, head of Malta’s Individual Investor Programme (the MIIP), said that, since the beginning in 2014 and until the present, the CIP he heads has rejected some 24% of all applicants. A quick look at the data as reported in the annual reports of the Office of the Regulator of the Individual Inveseestor Programme (ORiip) – which cover the periods between the end of June and the beginning of July each year and are published every November – reveals that rejection rates have risen sharply each year since the program opened four years ago. Rates of rejection...

IMMIGRATION BY INVESTMENT REPORTS 2019

We’ve put together an overview of the world’s most popular residence by investment programs, backed by official statistics. A note on the methodology: We’ve used the latest available full-yearfigures from official sources. Since official sources differ in their reporting frequency (some report monthly, others every now and then), the degree to which data is current also varies; for some countries, the numbers are up-to-date as of this month, while for others they date back up more than a year. We’ve ranked programs by the number of approvedmain applicants, while also listing the total number of visas issued (including dependents) where such figures were available....

IMMIGRATION BY INVESTMENT REPORTS 2019

The last few years have seen a steady flow of Chinese businesses choosing to incorporate entities in the British Virgin Islands (BVI), and Chinese lawyers seeking knowledge on the uses and advantages of BVI structures for their clients' transactions. Ashley Davies, partner, corporate & finance Group, of Campbells, discusses what has perked the Chinese interest in the BVI. Over the last few decades, it is increasingly widely known that there has been a steady flow of Chinese businesses choosing to incorporate entities in the British Virgin Islands (BVI). And in tandem with the growing interest from Chinese enterprises looking to...

CORPORATE & FIDUCIARY REPORTS 2019