The zero-tax zone will have special courts, a presidentially appointed governor, and a ring-fenced offshore enclave. Philippe May: “Looks like they are desperate.”
Applicants investing $5 million can also qualify if they create substantial local jobs; a pending directive will set the exact quotas.
Police identified 33 foreign victims whose accounts the lawyer accessed under the pretext of expediting applications. The money is “entirely dissipated.”
Browne frames the bill as regional housekeeping rather than a reply to Brussels. Experts agree on the timing but split on the cost.
Permit conversions and a cooling property market kept volumes high through the Gulf’s most turbulent year in decades.
The state gained 28,000 millionaires and still lost billions in potential tax revenue, a paradox now at the center of one of America’s fiercest tax debates.
The stock route gets 50% pricier, tilting the program decisively toward active business; approvals average 85 a year against a 500 cap.
Some countries ask for a signature and a modest fee; others demand military service, an exit tax, or refuse to let go at all. Here’s your map of the nationality exit door.
More than three decades after the Soviet flag came down, its heirs diverged: EU passports in the Baltics, easy residency in the Caucasus, new golden visas in Central Asia, and Moscow’s own offer.
The government explicitly barred franchises at launch. Seven months and “a single approval” later, it is changing course.
As the Common Reporting Standard swallows the last holdouts, a short list of jurisdictions still sits outside automatic exchange of financial information.
The 358-page proposal locks in investor wins on capital timing and codifies an enforcement regime for regional centers.
A zoning-based framework replaces case-by-case discretion, aiming to direct foreign capital to Saudi’s new mega-projects while Makkah and Madinah open to Muslims only.
While investors have pulled out €95 million this year, they’ve also injected nearly three times that amount.
The complaint targets both the nationality overhaul and the AIMA backlog that left investors short of the deadline that would have protected them.
Non-Omanis can now buy and own property across the country. Vito Magagnino says the move “signals maturity rather than desperation.”
Ottawa issued 4,075 descent certificates since December; but now suspending an undisclosed number over documentation concerns.
The most detailed figures the government has ever made public on the program’s outcomes arrive via a parliamentary inquiry.
Denmark last had a wealth tax in 1997. Frederiksen wants it back, proposing a 1% annual levy on the country’s richest residents.
Browne uses inaugural Caribbean-EU forum to argue CBI vetting exceeds European standards; calls for engagement over coercion as Brussels and Washington tighten the screws.