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Asia-Pacific

Asia-Pacific 

Malaysia Likely to Reduce MM2H Minimum Deposit Requirement by 20-30% Following Review

November 30, 2023November 30, 2023 Jolie Zhang club, golden visa, jolie zhang, malaysia, mm2h, residence by investment

The MM2H closed for new applications last month pending revised terms. Stakeholders hope for sharply reduced costs, writes Jolie Zhang.

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Asia-Pacific Policy Updates 

Vanuatu’s New CBI Program: Coconut Oil Fund to Yield Annual Returns, Partial Redemption of Principal

November 1, 2023November 1, 2023 Christian Henrik Nesheim cbi, ciip, citizenship by investment, club, coconut oil, vanuatu, vimb

The new program has a single qualifying option: A fund that will invest in the coconut oil sector to reduce Vanuatu’s reliance on fossil fuels.

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Asia-Pacific Policy Updates 

Revived Hong Kong Capital Investment Entrant Scheme to Triple in Price, Reveals Chief Executive Lee

October 27, 2023October 27, 2023 Christian Henrik Nesheim club, golden visa, hong kong, policy updates, residence by investment

Hong Kong’s Chief Executive John Lee has confirmed the program’s new price tag and the exclusion of residential real estate.

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Asia-Pacific Intel & Data 

Malaysian Govt. Vows to Ease MM2H Conditions Amid 85% Drop in Applications

October 19, 2023October 19, 2023 Christian Henrik Nesheim asia-pacific, data, golden visa, malaysia, mm2h, residence by investment, southeast asia, statistics

The Premium Visa Program (PViP), meanwhile, has received an average of under 5 applications a month since opening a year ago.

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Asia-Pacific Policy Updates 

Thailand’s Tax Tightening on Foreign Income Raises Questions About Implementation

September 29, 2023September 29, 2023 Christian Henrik Nesheim asia-pacific, club, golden visa, philippe may, residence by investment, tax, thailand

The new guideline “poses significant challenges for Thai tax residents,” emphasizes the Australian Chamber of Commerce in Thailand.

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Asia-Pacific Policy Updates 

HKD 30 Million Price Tag Likely for New Hong Kong Capital Investment Entrant Scheme

September 24, 2023September 25, 2023 Hannah Ma club, golden visa, hannah ma, hong kong, residence by investment, statistics

The long-awaited revamp of Hong Kong’s CIES is likely to have a HKD30M price tag, writes Hannah Ma, who thinks we’ll know for sure in October.

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Asia-Pacific China 

Singapore Banks to Subject Chinese Holders of CBI Passports to Extra Scrutiny Following Raids

September 21, 2023September 21, 2023 Christian Henrik Nesheim cbi, cip, citizenship by investment, club, compliance, singapore

Following raids, skittish local banks say they will keep a closer eye on clients holding second passports from CBI jurisdictions.

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Asia-Pacific Greco's Geopolitics 

Indonesia’s New Golden Visa Misses the Mark in What Could Be the World’s Next Great Residency Destination 

September 5, 2023September 5, 2023 Brian Greco asia-pacific, brian greco, club, golden visa, indonesia, residence by investment, southeast asia

Too expensive, not permanent, and not providing any solutions that don’t already exist: Brian Greco’s verdict on Indonesia’s new golden visa.

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Asia-Pacific Intel & Data 

As Malaysia’s Federal MM2H Withers Under Stricter Rules, Sarawak’s MM2H Sees 2,800% Increase in Approvals

August 19, 2023August 19, 2023 Christian Henrik Nesheim anthony liew, asia-pacific, club, data, golden visa, malaysia, mm2h, residence by investment, southeast asia, statistics

Now nearly 7 times cheaper than the national version and with much more flexible presence requirements, Sarawak’s MM2H is thriving.

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Asia-Pacific Policy Updates 

Thai Elite Visa Set for Revamp on October 1st: Expect Price Hikes of “50-500%” Says Leading Agent

August 1, 2023September 22, 2023 Christian Henrik Nesheim bastien trelcat, club, golden visa, harvey law, philippe may, policy updates, residence by investment, thai elite, thailand

“I just hope they don’t raise prices too much,” says Trelcat. “Look at what happened with Malaysia’s MM2H program when they raised prices.”

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Asia-Pacific Intel & Data 

Vanuatu: Schengen-Access Suspension Saw CBI as Share of Govt Cut in Half

July 5, 2023July 5, 2023 Christian Henrik Nesheim asia-pacific, cbi, citizenship by investment, club, data, statistics, vanuatu, vanuatu dsp

Vanuatu’s CBI revenue has cratered since the loss of Schengen. A commission has been formed to find out what went wrong – and who is to blame.

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Asia-Pacific 

Malaysia: Govt. to Review Both MM2H and PViP Following Dismal Performance

June 26, 2023June 26, 2023 Christian Henrik Nesheim anthony liew, club, golden visa, malaysia, mm2h, mm2hca, residence by investment, southeast asia

Officials propose to divide MM2H into “Platinum, Silver, and Bronze” categories. Agents association call for merger of MM2H and PViP.

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Asia-Pacific 

Australia BIIP Applicants Protest as Permanent Residency Wait Times Balloon

June 19, 2023June 19, 2023 Ahmad Abbas australia, backlog, biip, club, golden visa, residence by investment

The decision to de-prioritize BIIP visa processing has seen wait times extend from a few months to many years. Applicants feel short-changed.

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Asia-Pacific Intel & Data 

South Korea Doubles Investment Requirement for Investor Visa

June 14, 2023June 14, 2023 Christian Henrik Nesheim asia-pacific, club, data, golden visa, residence by investment, south korea, statistics

South Korea’s investor visa, which has raised at least US$10 billion in the last 23 years, is doubling the real estate minimum investment.

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Asia-Pacific 

Residency in Singapore for Entrepreneurs – Hiring Yourself Still Works Under New Rules

May 25, 2023May 25, 2023 Hannah Ma active investor visa, asia-pacific, club, employment pass, singapore, southeast asia

The Global Investor Program costs millions. Entrepass requires VC funding. For entrepreneurs seeking a base in Singapore, the EP Visa still works best.

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Asia-Pacific Intel & Data 

Australia Sharply Reduces BIIP Visa Availability for 2023/24 Despite Record Backlog

May 12, 2023May 12, 2023 James Hall asia-pacific, australia, biip, club, data, golden visa, james hall, residence by investment, statistics

“The future of the BIIP is uncertain,” writes James Hall, pointing to new planning levels that will exacerbate the already huge backlog.

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Asia-Pacific 

Malaysia M2H Applications Down by 90% Since New Rules Imposed, Says Industry Association

April 7, 2023April 12, 2023 Christian Henrik Nesheim anthony liew, asia-pacific, club, malaysia, mm2h, residence by investment, southeast asia

The quadrupling of the MM2H income requirement has caused a collapse in applications. “Those who now qualify have better options,” say agents.

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Asia-Pacific Policy Updates 

Vanuatu Launches AUD-Denominated CBI Bond Investment Option

March 27, 2023March 27, 2023 Christian Henrik Nesheim asia-pacific, bonds, cbi, citizenship by investment, club, dsp, policy updates, vanuatu

The government will appoint a single Master Agent to market the world’s only sub-US$100,000 (technically speaking) CBI option globally.

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Asia-Pacific Policy Updates 

Singapore Global Investor Program Quadruples Min. Investment Requirement

March 3, 2023March 3, 2023 Christian Henrik Nesheim asia-pacific, club, global investor program, golden visa, philippe may, policy updates, residence by investment, singapore

An average of 60 investors a year qualify for PR under Singapore’s GIP. Now, the government is quadrupling the minimum investment requirement.

Read more
Asia-Pacific Policy Updates 

State Govt. Approves New Sabah-MM2H: Malaysia Now Has 4 Residence-by-Deposit Programs With Different Prices

February 4, 2023February 7, 2023 Christian Henrik Nesheim asia-pacific, club, malaysia, mm2h, policy updates, residence by investment, sabah, sarawak, southeast asia

Malaysia now has four residence-by-deposit programs that let participants live anywhere in the country, but two of them have an 80% discount.

Read more
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