A UK court has sentenced a 24-year-old Russian to seven years in prison for money laundering. Malta weighs whether to revoke his citizenship.
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During Global Citizen Week., Caribbean CBI experts give their thoughts on the future of the Caribbean amid the implementation of the MoA.
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Charles Savva: EU revoking visa-free travel “could significantly impact the mobility and value of Caribbean passports.”
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Eric Major on what will happen If Trump wins the election in November: “Simple, I’ll have the business year of my career.”
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Güvenç Ketenci is concerned about the “troubling resurgence of far-right ideologies, primarily in Europe but with global ramifications.”
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Allen Chastanet: “A particular developer has begun selling this option and, even more concerning, is the sub-par selling price of US$80,000.”
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“Governments tend to make announcements without forethought […] it shows a complete lack of respect for investors” says Ceri Pratley.
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Sara Sousa Rebolo says with a new government and new regulations, this will “be a very stable year” for Portugal’s Golden Visa.
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Malaysia’s PViP flops, registering only a total of 47 applicants in over a year. Government may review the program.
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Ömer Kahraman explains why the world needs a new citizenship by investment program and what he plans to do about it.
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Thailand’s Elite Visa revamp boosts membership amid global unrest, aims for US$1.5bn revenue with a focus on new markets.
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Mehdi Kadiri highlights growing “political divisions and societal tensions” as the main reasons Americans increasingly pursue RCBI.
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“I signed the contract for my first condo in Thailand in 2009 – when I was 18 years old,” says Reid Kirchenbauer about how he got started.
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Following the example recently set by the UK, Ireland imposes visa restrictions on nationals of CBi countries Dominica and Vanuatu.
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“As long as one has enough money and the right connections, it is possible to negotiate citizenship in many places.”
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“Some in the industry see [war] as an opportunity to push global mobility assets, ignoring the bigger picture,” says Aran Hawker.
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Dominic Volek of Henley & Partners says Brics is “challenging the world order and establishing itself as a powerful rival to the G7 […].”
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Antoine also says “excruciating delays in processing […]send the wrong message to the industry and impact clients’ trust in the sector.”
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But golden visa experts question what “date of application” means in practice and whether the law will help those who have already started the process.
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“Everyone needs to pitch in for it to work,” and “choosing the wrong partner can derail all the good work you’ve done,” says Kemal Nicholson.
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