Thai Elite Program Revenue Up 64% YoY – China No.1 Market Thanks to Globe Visa, Says Program President

During its fiscal year ending September 30th, 2017, Thailand Privilege Card PLC (TPC) posted revenues of THB 663 million (approx. US$ 20 million), a figure 64% higher than the THB 403 million raised during the same period in the year before, revealed company president Pruet Boobphakam in a press release last week. The TPC, which

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More Than 20% of Our Applicants Are Chinese Says Head of Thai Residence Program

Thai Elite Residence, one of the world’s newest residence by investment programs, is a departure from orthodoxy in the investment migration market. While the practice of accepting cash donations in exchange for passports is well established among citizenship by investment programs, Thailand is the first to introduce a contribution option for long-term visas. For the

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Harvey Retracts Statement on Larry Wang Regional Center

Last week, during an interview widely read among our Chinese subscribers, Jean-Francois Harvey indicated foreign investment migration firms should not have any compunctions about sourcing clients directly from China and compete directly with Chinese firms on their home territory because Chinese firms did not hesitate to compete outside of their home market. As examples, he

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Harvey Takes Dig at Chinese Agencies’ Warnings to Stay Out of Their Territory

The large international investment migration firms generally don’t source clients directly from Mainland China, but rather rely on B2B agreements with a network of Chinese immigration agencies to supply application volume, a model that has successfully helped at least 100,000 Chinese participate in residence and citizenship by investment programs over the last decade. International firms,

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Vanuatu Can Rival Caribbean CIPs, But Can’t “Keep Changing Every Few Months” says Arton Capital MD

Philippe May, Managing Director of Arton Capital’s Singapore office, thinks Vanuatu’s citizenship program could be a serious contender to its Caribbean competitors, if only they could sort themselves out. “Vanuatu has the potential to run an attractive CIP. Its geographic location is greatly convenient for Asian investors, and there is no competition in the Pacific

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New Zealand to Ban Foreign Property Investors, the Bulk of Whom Are Chinese

New Zealand’s Prime Minister-elect, Jacinda Ardern, has announced her administration will bar non-resident foreigners from purchasing existing homes in New Zealand, reports the BBC. The move comes after years of steep price growth in the country’s residential real estate market, which turned the issue into a prominent and contentious point of discussion ahead of the

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Clarifications on the Vanuatu DSP’s Bitcoin Adoption

News of the Vanuatu Development Support Program’s decision to accept payments in bitcoin caught the world’s attention this last week. The hitherto obscure island nation is now mentioned in the same breath as Switzerland, Estonia, Japan, Australia and other countries of the cryptocurrency vanguard and the country has established itself virtually overnight as a tech-friendly

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Vanuatu Citizenship Program to Accept Bitcoin Payments, Pilot Block Chain-Based Due Diligence

Press Release: Vanuatu DSP to Accept Payment in Bitcoin  The Vanuatu Information Centre (VIC) is pleased to convey that, effective immediately, applicants to Vanuatu’s DSP Citizenship Program will have the opportunity to make payments in Bitcoin, through the Vanuatu Information Centre. The Government of Vanuatu, represented by Parliamentary Secretary to the Prime Minister, Hon Andrew

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Vanuatu Information Centre Appoints Harvey Law Group as Global Representative

Mr James Harris, Managing Director of the VIC network remarked “the official appointment of Harvey Law Group as a global representative means a significant elevation in the profile of the Development Support Program, in line with our ambition to secure a position as one of the world’s leading Citizenship by Investment Programs. Harvey Law Group,

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Visa-Waiver Week Continues: Saint Lucia and Vanuatu Both Sign Agreements With UAE

The latest in a flurry of visa-free dealmaking activity resulting from the United Nations General Assembly this week, both Saint Lucia and Vanuatu have now signed mutual travel-freedom agreements with the United Arab Emirates, according to an article in Emirati newspaper Ahlan. Earlier this week, Saint Kitts signed similar agreements with Russia and Indonesia and signaled

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Hong Kong Migration to Canada Doubled Last Year to Highest Number on Record

Figures obtained by South China Morning Post revealed that 1,210 Hong Kong natives obtained permanent residence status in Canada last year, as compared to 630 in 2015 and 585 in 2014. “Pressure at work was immense and children were also facing so much pressure at schools. Many parents did not want to be monster parents

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Vanuatu appoints new head for VIC, tasked with promoting citizenship program

The Vanuatu Information Centre has just appointed James Harris as Managing Director.   Press release: Managing Director appointed for Vanuatu Information Centre (VIC) global network Port Vila 3 September 2017 The Board of the Vanuatu Information Centre (VIC) network recently appointed Mr James Harris to the position of Managing Director for VIC. Based initially out

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8 giant Chinese investment migration companies you need to know about

Conservatively estimated, 20,000 Chinese investors emigrate through golden visa and/or passport schemes every year. Most of them from a very small number of gargantuan firms. If you want a piece of the annual $10bn+ Chinese investor migrant market, start by approaching the big guys. As there’s no way of knowing precise revenue or customer figures,

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Is Vietnam the next big market for investment migration?

China and Russia are the world’s largest markets for residency and citizenship by investment, and they will likely remain so for quite some time. It’s natural, then, for investment migration companies to focus a great deal of their efforts in these critical regions. But because Russians and Chinese have been investing their way into residence

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2017 Chinese HNWI migration report: As UK slides in rankings, Malta, Antigua, Dominica in top 10 for the first time

Today, the Hurun Research Institute in association with Visas Consulting Group (a leading Chinese immigration company) released the Immigration and the Chinese HNWI 2017. The report includes the Chinese Immigration Index, a ranking based on an investment migration program’s suitability for Chinese applicants, as well as a host of data on which destinations Chinese immigrants

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Harvey Law Group bets big on Southeast Asia investment migration market

The rise to prosperity slated to take place over the next few decades in Southeast Asia is a once-in-a-lifetime megatrend. Harvey Law Group reckons there’s a lot of money to be made for early movers. The Montreal-based firm that specializes in, among other practice areas, citizenship and residence by investment, yesterday announced that they had

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Chinese-Kittitian fugitive Ren Biao willing to return to China, but “not in handcuffs”

Ren Biao, a dual national of China and Saint Kitts who stands accused of fraudulently obtaining some US$100 million, has declared his willingness to return to his native country to face a trial, according to his lawyer. Mr Ren, together with his wife and son, received citizenship in Saint Kitts in 2013 and became the

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Larry Wang talks to Investment Migration Insider – Full interview

Larry Wang, president and founder of Well Trend, one of China’s largest immigration companies, sat down with Investment Migration Insider to talk about the common mistakes international investment migration companies make when attempting to penetrate the Chinese market, which strategies they can adopt to successfully partner with Chinese agents, and whether there’s a chance Beijing

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“Don’t step on others’ territory…or you’ll get punished” – Larry Wang on CIP/RBI firms entering China

Larry Wang, president and founder of Well Trend, one of China’s largest immigration companies, sat down with Investment Migration Insider to talk about the common mistakes international investment migration companies make when attempting to penetrate the Chinese market, which strategies they can adopt to successfully partner with Chinese agents, and whether there’s a chance Beijing

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Chinese spent A$150M a month on Australian investor visas in last 4.5 years

Fresh figures from Australia’s Department of Immigration and Border Protection show that since its beginning less than four and a half years ago, the Australian Significant Investor visa program has received capital investments amounting to AUD 8.89 billion. Mainland Chinese applicants accounted for 88% of the 1,778 visas granted in the period from November 24th 2012

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