Troubled Economy Leads to Significant Increase in Russian Demand for UK Investor Visas

With the Russian economy suffering from domestic and foreign like the crumbling ruble and geopolitical tensions and continuation of sanctions, more and more high net-worth Russian citizens are relying on investment immigration to gain permanent residence in the United Kingdom. The first nine months of 2014 saw 162 Russian citizens obtaining the Investor visa offered…

Electronic Residency Program: Estonia’s Latest Pro-Business Measure Goes Live

The senior editor of The Economist magazine, Edward Lucas became the first individual to receive the certificate of virtual residency of Estonia. Introduced by the Estonian government as a measure to boost foreign investment and attract entrepreneurial talent, electronic residency allows individuals to transact with the government and sign documents digitally without having any physical…

Benefits of Investment Immigration Unclear Despite Rising Demand for Economic Citizenship

The steady rise in number of countries offering citizenship or right to reside in lieu of investment has resulted in more and more wealthy individuals resorting to diversification of passport portfolios. The process involves investing money or purchasing property in EU, North American, Australasian, or Caribbean countries and acquiring economic citizenship without onerous residency requirements.…

Non-EU Family Members Living in the EU Don’t Require Visa to Enter the UK, says EU Court

The European Court of Justice said last week that the United Kingdom cannot prevent people from non-EU countries, who hold a valid EU residence card based on family membership, from entering Britain without a visa. The ruling was given in a case involving a British-Irish national and his Columbian wife, who have been living in…