Solomon Islands Confirm Plans For Citizenship by Investment Program
As Governor-general David Vunagi delivered a speech to Parliament this week, he revealed that the government is evaluating plans for a CIP.
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Asia-Pacific
Malaysia’s MM2H World’s Largest Investor Visa in 2019 Following Record Year
Investors filed 7,904 applications for the Malaysia My Second Home (MM2H) program in 2019. But minimum property prices for foreigners represent a quandary.
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Vanuatu CIP-Revenue Surged in 2019, Nearly Half of Government Revenue in Dec.
Having more than tripled in two years, revenues from CBI are already the country’s main income source and may soon make up more than 50% of the total.
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Harris: In Response to the Question of Honorary Citizenship in Vanuatu
“I am not an official ‘spokesperson’ for the Vanuatu Citizenship Program, and I am not a lawyer,” writes James Harris in a letter to the editor.
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Lesperance: Vanuatu’s So-Called CBI Program is a Ticking Time Bomb
“Honorary citizenship is like being honorarily pregnant; it does not produce the desired result,” writes David Lesperance in his critique of Vanuatu’s CBI.
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Vanuatu Introduces Tax ID Numbers – What Does it Mean for Citizenship Investors?
Vanuatu, itself a CRS signatory member, has in the past struggled to fully meet its obligations due to the absence of a TIN system, writes James Harris.
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Vanuatu Suspends Passport Deliveries Over Coronavirus Concerns
Vanuatu’s Immigration Director has taken the unprecedented step of banning, until further notice, all passport deliveries to Southeast and North Asia.
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After Record 2019, Thailand Elite Visa Eyes 10,000-Member Milestone in 2020
Thailand’s Elite Residence Program again broke records in 2019, growing its member-base by 2,149 individuals, or 28% more than the 1,679 it added last year.
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The 2020s Will Be a Pivotal Decade for India’s Investment Migration Market
Home to nearly half a million HNWIs with low mobility, India has more potential than, perhaps, any other investment migration market.
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Australian Govt. Says Min. Investment Requirements for Investor Visas Are Too Low
Capped at 6,862 applications a year, Australia’s BIIP is invariably oversubscribed. This, says the government, leaves room for significant price increases.
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Vanuatu Govt. Moves to Stop Agents Undercutting Official Price
Undercutting of the Government’s officially sanctioned retail price has led to confusion in the market-place, writes James. E. Harris.
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Chinese Buyers Increasingly Favor Properties in Asia Over Anglosphere, China’s Top Intl. Property Site Reports
The world of golden visa programs is “a buyer’s market in which Chinese citizens have their pick” says Georg Chmiel, Executive Chairman of Juwai.com.
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After Three Years of Decline, Australia’s SIV Program Regains Momentum
The program’s largest fund manager says that, thanks to non-SIV follow-up investments, total FDI arising from the program may be close to A$50 billion.
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Q1 Figures Indicate NZ Investor Visa Program in Decline – Rejections Hit 43%
Q1 of New Zealand’s 2019-2020 reporting year has ended and figures released this month show interest in investor visas is on a decidedly downward path.
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App. Backlog Nears 20,000 for Australia’s Business Innovation & Investment Visa
Close to 80,000 investor migrants and dependents have obtained Australian visas under the BIIP, but 18,682 applicants are “in the pipeline”.
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Has New Zealand’s Ban on Foreigners Buying Houses Worked?
In 2017, New Zealand introduced a partial ban on foreign property buyers. Nearly two years later, Ed Kennedy asks if the policy has had the desired effect.
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Malaysia M2H Program Benefits From Hong Kong Unrest: 1.5 Property Exhibitions Per Day in Last Two Months
In July and August last year, 47 Malaysian property exhibitions took place in Hong Kong. During the same two months this year, that number had risen to 93.
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Citizenship Sales Outstrip VAT to Become Vanuatu Govt’s Biggest Revenue Source
In 2018, reports Vanuatu’s Ministry of Finance and Treasury, CBI-related revenue reached such unprecedented levels that, for the first time
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Vanuatu Eyes Record CBI-Revenue in 2019, Reaching 75% of Budget Target by End of April
In the first four months of 2019, revenue from Vanuatu’s two citizenship by investment programs nearly equaled the amount raised in all of 2017.
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With More Than 100,000 Participants, Malaysia’s M2H Is The World’s Biggest Golden Visa
Extremely conservative estimates would place the number of program participants at more than 100,000. The actual figure is likely in the 130-150,000 range.
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