Chinese millionaires are emigrating in waves overseas to escape the country’s strict tax system and deteriorating living environment, with the latest stock-market crash set to further accelerate their departure. China’s volatile stock markets have been in a slump since mid-June, despite the Chinese government’s best efforts to revive the markets. The slump is showing no…
The Prime Minister of St. Kitts and Nevis (SKN), Dr Timothy Harris, said the country has taken significant steps to address concerns about its Citizenship by Investment (CBI) program. These include adopting 20 reforms recommended to the cabinet, and the training of CBI staff with the assistance of the US government. Describing the challenges faced…
According to Citizenship and Immigration Canada (CIC), investor immigrant approvals in 2014 rose by 7.2 per cent to reach a total of 8,762 approvals, the most since 2011. This is despite federal Immigrant Investor Program (IIP) migrant arrivals falling by 42 per cent when the program was terminated. Last year’s cancellation of the Canadian Immigrant…
Canada’s pilot Immigrant Investor Venture Capital (IIVC) program for millionaires has received just six applications since its launch in January, far fewer than the number of applications received for the Canadian Immigrant Investor Program (CIIP) that it was meant to replace. Canadian authorities were seeking 60 applications for the pilot IIVC program, which requires candidates…
St. Kitts and Nevis (SKN) is set to open an embassy in Ottawa as the government continues its bid to rebuild its relationship with Canada, SKN Prime Minister Dr Timothy Harris announced last week. “We are committed as a Government, as we said in opposition, to make Canada a foreign affairs priority, and I am…