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Asia-Pacific

Asia-Pacific Policy Updates 

Uzbek Govt. Submits Bill to Allow US$1 million Citizenship by Investment

November 10, 2022November 10, 2022 Christian Henrik Nesheim asia-pacific, cbi, central asia, cip, citizenship by investment, club, policy updates, uzbekistan

Uzbekistan appears to be the latest country aiming to attract the growing diaspora of affluent and/or talented Russians.

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Asia-Pacific Policy Updates 

EU Council Fully Suspends Vanuatu’s Visa-Waiver Agreement

November 9, 2022November 9, 2022 Christian Henrik Nesheim asia-pacific, cbi, cip, citizenship by investment, club, EU, european commission, european council, vanuatu

The EU Council is extending the visa-waiver suspension to non-CBI citizens of Vanuatu, citing a “lack of progress” in addressing concerns.

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Asia-Pacific Intel & Data 

Thailand Elite Membership Passes 20,000 – Approvals of Chinese Nearly Tripled in 2022

November 6, 2022November 6, 2022 Christian Henrik Nesheim asia-pacific, club, data, residence by investment, statistics, thai elite, thailand

The Chinese market recovery in 2022 is borne out by statistics from several programs. Thailand’s Elite visa is a primary beneficiary.

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Asia-Pacific Policy Updates 

Indonesia Introduces “Second Home” Program: 10-Year Visa for Those With Savings of US$129,000 or More

October 27, 2022February 4, 2023 Christian Henrik Nesheim club, indonesia, indonesia m2h, long-stay visa, residence by investment, southeast asia

Indonesia joins the fray of Southeast Asian countries hoping to attract affluent, location-independent long term guests.

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Asia-Pacific 

Laos to Grant Honorary Citizenship to Those Who Invest and Donate US$1.5 million

October 26, 2022October 26, 2022 Christian Henrik Nesheim asia-pacific, cbi, cip, citizenship by investment, club, honorary citizenship, laos, policy updates, southeast asia

As in Jordan, the high-ticket CIP is likely to serve more as an incidental bonus for already-existing investment than to attract new capital.

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Asia-Pacific 

Australia’s New Home Minister Hints She May Close Significant Investor Visa Program

September 20, 2022September 20, 2022 Ahmad Abbas asia-pacific, australia, australia siv, club, golden visa, siv

“It is a visa program that I think isn’t adding value to the country,” said the Home Affairs Minister in a recent press conference.

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Asia-Pacific 

In Astonishing Claim, Malaysian Govt. Says Premium Visa Program Got 20,000 Applications on First Day

September 6, 2022September 6, 2022 Christian Henrik Nesheim anthony liew, asia-pacific, club, malaysia, mm2h, philippe may, PViP

Industry insiders, however, are not buying the figure, calling it “misinformation” and a practical impossibility.

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Asia-Pacific Policy Updates 

Malaysia’s Surprise Introduction of “Premium Visa Program” for “Tycoons” Raises Eyebrows

September 2, 2022December 31, 2022 Christian Henrik Nesheim club, golden visa, hamzah, malayisa premium visa program, malaysia, mm2h, policy updates, PViP, residence by investment

While similar to MM2H in most respects, the new program is less restrictive and also considerably more expensive.

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Asia-Pacific Intel & Data 

Vanuatu CBI Revenue Falls 48.7% Short of Budget in First Half of 2022

August 29, 2022August 29, 2022 Christian Henrik Nesheim citizenship by investment, club, data, european council, schengen, statistics, suspension, vanuatu, vcp, vdsp, visa-free

Q2 was the lowest-grossing quarter in four years for citizenship by investment in Vanuatu. And it’s likely to get considerably worse.

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Asia-Pacific Policy Updates 

Australia Cuts New Intake for Business Innovation and Investor Program by 88%

August 27, 2022August 27, 2022 Christian Henrik Nesheim australia, biip, club, james hall, policy updates

Hoping to reduce 30-month processing times for business investor visas, Australia’s government is drastically restricting new applications.

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Asia-Pacific Policy Updates 

Thailand’s Low-Tax “Long Term Resident” Visa Opens Next Month: How Does it Compare to Elite Residence?

August 14, 2022August 14, 2022 Ahmad Abbas asia-pacific, club, golden visa, policy updates, residence by investment, thailand, TLTR

HNWIs under 50 will have to make a careful cost-benefit analysis when choosing between the Long Term Resident and Elite Residence visas.

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Asia-Pacific Editor's Picks Policy Updates 

New Zealand Issues Sweeping Changes to Investor Visas: Minimums of NZ$5-15 Million

July 20, 2022August 7, 2022 Christian Henrik Nesheim active investor plus, club, golden visa, investor visa, new zealand, policy update, policy updates, residence by investment

Minimum investment requirements and minimum stay requirements both increase as New Zealand aims for investors who play a more active role.

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Asia-Pacific Editor's Picks Policy Updates 

Cambodia Launches $100,000 Golden Visa With 5-Year Path to Citizenship

July 15, 2022August 7, 2022 Christian Henrik Nesheim asia-pacific, cambodia, club, golden visa, policy updates, residence by investment

Cambodia enters the Southeast Asian golden visa market: A $100,000 property investment and eligibility for citizenship in five years.

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Asia-Pacific Intel & Data 

New Zealand Investor Visa Revenue Back With a Post-Pandemic Vengeance in FY2022

July 8, 2022July 8, 2022 Christian Henrik Nesheim asia-pacific, club, data, golden visa, investor visa, new zealand, residence by investment, statistics

2021-22 results brought the program’s performance from nadir to zenith within a year in which it raised NZ$1 billion from just 100 investors.

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Asia-Pacific Intel & Data 

South Korea Investor Visa Approvals Hit 16-Year High in 2021: Applications from India up 75%

June 23, 2022June 23, 2022 Christian Henrik Nesheim asia-pacific, club, data, golden visa, residence by investment, south korea, statistics

The program’s applicant nationality profile is decidedly Western: Among the top 10 source countries are the US, Germany, France, and the UK.

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Asia-Pacific Intel & Data 

EU Tells Vanuatu to Get its CBI House in Order by February 2023 or See Visa-Waiver Suspension Extended

June 8, 2022June 15, 2022 Christian Henrik Nesheim cbi, cip, citizenship by investment, club, dsp, EU, european commission, vanuatu, vdsp

The visa-waiver suspension will last until at least February next year, at which point the EU will re-assess the country’s CBI programs.

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Asia-Pacific Policy Updates 

Sri Lanka Cabinet Approves Plans for $75,000 Golden Visa

April 27, 2022April 27, 2022 Christian Henrik Nesheim asia-pacific, club, golden visa, policy updates, residence by investment, sri lanka

Sri Lanka is sorely in need of foreign currency to pay for food and energy imports. Now, the government hopes a golden visa can bring cash.

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Asia-Pacific Intel & Data 

New Zealand Investor Visa Sees Strong Rebound in 2022: NZ$ Half Billion Raised in First Three Quarters of FY

April 25, 2022April 25, 2022 Christian Henrik Nesheim asia-pacific, club, data, golden visa, investor visa, james hall, new zealand, rejection rates, residence by investment, statistics

After two years of falling approvals and investments, all arrows finally point in the right direction for New Zealand’s investor visas.

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Asia-Pacific Policy Updates 

Vanuatu Establishes Task Force in Hopes of Overturning EU Decision on Visa-Waiver Suspension

April 1, 2022April 1, 2022 Christian Henrik Nesheim cbi, cip, citizenship by investment, club, EU, european council, suspension, vanuatu

In a “Hail Mary” effort to ward off the suspension, Vanuatu is establishing a national task force to review and improve its CBI procedures.

Read more
Asia-Pacific 

Vanuatu Citizenship Program Without Schengen-Access: What Happens Next?

March 14, 2022March 14, 2022 Christian Henrik Nesheim asia-pacific, cbi, citizenship by investment, club, european commission, james harris, martin st-hilaire, schengen, vanuatu, visa-free

“I do not see any way to please the EU other than stopping the whole program,” says St-Hilaire, while Harris thinks it’s not over yet.

Read more
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