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…

Antigua Citizenship by Investment Target for 2016  is $200M

Antigua and Barbuda has set an ambitious target of raising $200 million from its popular citizenship by investment program in 2016. The Acting CEO of the Citizenship by Investment Unit affirmed the country’s commitment to thorough due diligence and security checks. He stated that the existing due diligence process will be tightened further due to…

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…

15,000 St. Kitts and Nevis Passport Holders Affected by Canada’s Visa-Free Travel Revocation

The Prime Minister of St. Kitts and Nevis revealed that around 15,000 passport holders were affected by the decision of the Canadian government to revoke visa-free travel privileges to SKN passport holders in November 2014. The decision was taken primarily due to security concerns arising out of issue of passports to foreigners who would otherwise…