Nations like Bermuda and the Cayman Islands that have limited scope for economic development through conventional strategies can benefit from big-ticket investments made by high net worth individuals. Economic investments, educational scholarships, and other social commitments made by wealthy residents result in economic growth, job creation, and overall betterment of poorer fellow citizens. Supporters of…
The US EB-5 program has been extended temporarily until December 11th 2015. Unlike the previous instance in September 2012 when the program was reauthorized for three years, the US Congress has preferred a temporary extension to create consensus for introduction of reforms and new rules related to the program. The EB-5 program was established in…
Antigua and Barbuda’s has issued more than 500 passports to wealthy investors under its popular citizenship-by-investment program. Introduced in 2013, the Citizenship by Investment Program offers Antiguan citizenship to investors making minimum investment of US$ 400,000 in a permitted asset class for a minimum period of five years and, to maintain citizenship, reside in Antigua…
The temporary suspension of the Golden Visa program is being given as the primary reason behind the 4.7% fall in property sales in Portugal in the second quarter of 2015. However, property sales this year are still up 25% compared to 2014, thanks to a strong first quarter. Portuguese officials had announced the suspension of…
Malta’s IIP has become the world’s most successful investment immigration program by attracting investments in excess of €1 billion since its introduction in February, 2014. The country’s popularity amongst wealthy investors has contributed to the popularity of its passport—currently ranked as the 7th best in the world. All countries with investment immigration programs that offer…