Representatives from the European Union recently met in Riga, Latvia, to decide on future EU visa policy. The summit ended with an agreement allowing an additional 19 countries to join the EU visa-free list as of July 1, 2015. The countries were already officially approved late last year, but received confirmation at the summit. The…
Ultra high net worth individuals are increasingly on the move to locations where opportunities exist, mainly due to the global nature of business holdings, the increasing ease of travel, and the rise of global citizenship investor programs. Research shows that 12 of the top 40 ranked cities for the ultra-high net worth individuals are European.…
Cyprus’ citizenship and residency by investment programs have brought in €2 billion to the Cypriot economy through property sales and investment, according to an official audit services report. Cyprus offers several investment schemes that grant either citizenship or residency to foreign investors. One route offered by the Cypriot citizenship-by-investment program is citizenship through the investment…
Australia has announced a new framework for their Significant Investor Visa (SIV), while also introducing a new Premium Investor Visa (PIV) which will provide a fast-track to permanent residency in Australia. The new frameworks are part of the Australian Government’s Industry Innovation and Competitiveness Agenda to increase the investment in innovative Australian start-ups and emerging…
The first quarter of 2015 saw the highest number of US citizens ever renounce their citizenship mainly due to the exhaustive tax regime employed by the US government. As a result, the US is set to record more citizenship renunciations in 2015 than in any prior year. In 2013, 2,999 Americans renounced their citizenship, an increase…