According to Cyprus Investment Promotion Agency (CIPA), new foreign investment has started to flow into Cyprus. CIPA’s chairman has said that “prospects are now opening up as the country transitions into a new phase, veering towards stability and fiscal consolidation while examining new engines of growth as investors continue to show confidence in our country”.…
In the face of tight lending, several island nations in the Caribbean are financing their resort and villa projects by selling citizenship. The vacation-home market of the Caribbean has seen many upheavals while recovering from the economy’s downturn. In larger markets and those with direct flights to the US, sales volume and prices for existing…
As immigration minister of Australia in 2012, Chris Bowen had designed the Significant Investor Visa (SIV) program which has been bringing wealthy business people to Australia. Now as shadow treasurer, Bowen is talking about the need of a new class of entrepreneur visa. Last week Bowen delivered a speech at the Queensland Press Club, where…
The new EB-5 immigration visa numbers are now available for application in the United States as of October 1. However, the Immigration Investor Program Office in Washington has cautioned that there may be prolonged processing times due to new hiring and training of the staff which was necessary to meet the “drastically increased” number of…
Speaking at the Parliamentary Assembly of the Council of Europe (PACE), Angel Gurria, the head of the Organization for Economic Co-operation and Development (OECD), raised alarm over the growing levels of income inequalities in the global economy. Stating that global inequalities have never been so high in the past, Angel said that the income of…