The UHNW Luxury Real Estate Report released by Wealth-X and the Sotheby’s International Realty has shown that more and more ultra-high net worth (UHNW) individuals are investing in luxury real estate in countries offering investment immigration programs. The report indicates that UHNW investors prefer real estate for two primary reasons: Safe diversification of their portfolio,…
A British Territory situated in the Caribbean, the Turks and Caicos Islands offer an investment immigration program under which individuals investing at least $1.5 million in real estate in the country are granted permanent residence without a long waiting periods or physical presence on the Islands. A popular tourist destination, the Turks and Caicos Islands…
(€1.51 Billion Investments from 2,502 Applicants from 38 Countries) Data released by the Immigration and Borders Service shows that Portugal issued 37 Golden Visas in September 2015 and received €21.1 million investments in the month from wealthy applicants. Except for one application that was related to transfer of capital into the country, all other applicants…
Data released by the Latvian Office of Citizenship and Migration indicates a slump in demand for Latvia’s investment immigration program. Investments made by wealthy foreigners seeking temporary residence permits has fallen from EUR 198.9 million in the first half of 2014 to just EUR 34.3 million in the corresponding period of 2015. Since its introduction…
Despite the drastic fall in Significant Investor Visa applications; from 1108 between January and June 2015 to nine since July 2015; property developers do not anticipate negative impact on the housing construction boom in the country. The revised Australian SIV program, which is very popular amongst Chinese investors, offers permanent residency in Australia in lieu…