Affluent Filipinos Eye Permanent Residence Abroad Through Investment Programs

High net worth Filipinos seeking fast-track residence or citizenship in foreign countries are increasingly relying on investment immigration programs to move to Europe, Canada, the USA, Australia, Hong Kong and other nations. Europe is the preferred destination with nations like Portugal, Monaco, the UK, and Switzerland being preferred by English-speaking citizens of the Philippines. Such…

St. Lucia’s Investment Immigration Program – Important Safeguards for Effective Due Diligence

After announcing the launch of its St. Lucia’s investment immigration program in October 2015, St. Lucia has become yet another Caribbean nation offering economic citizenship to wealthy international applicants. St. Lucia requires applicants to have a minimum net worth of $3 million. Further, they must fulfill one out of the three investment options—$200,000 in a sovereign…