IMC to OECD: Singling out RCBI-Countries “Makes No Sense and Cannot be Justified”

In a public response to the OECD’s “blacklisting” of jurisdictions with residence and citizenship by investment programs for alleged circumvention of the Common Reporting Standard (CRS), the Investment Migration Council writes that while they sympathize with many of the OECD’s motivations, tax and investment migration are two separate legal concepts that ought not to be

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Grenada’s New China Extradition Bill Aims to Strengthen CIP

Grenada, the country with the only citizenship by investment program in the world that offers visa-free access to China, passed in Parliament on Friday, an Extradition Treaty Bill that would make it easier for the island nation to extradite criminals (including CBI passport holders) to China, writes Grenadian-based The New Today. China is expected to pass the

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Antigua CIP’s $150k University Option Has 20% Commission for Agents

Addressing Parliament on Thursday, Antigua & Barbuda’s Prime Minister Gaston Browne announced the formal launch of the citizenship by investment program’s new university contribution option intended to fund the new campus of the University of West Indies, according to Antigua Observer. Browne first heralded plans for such an option some four months ago. At the time, an

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UK Entrepreneur Visa Issuances Up 23% YoY in Q2

The UK issued 23% (266 vs 217) more Tier 1 Entrepreneur visas in the second quarter this year than during the same period in 2017.  The first half of 2018, as a whole, also saw 14% more Entrepreneur visas issued than the first half of last year, indicating a healthy upward trend in application volumes.

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Dominica to Become 4th CIP-Country With Visa-Free Travel to Russia

The Russian government has endorsed a visa-waiver agreement with the Commonwealth of Dominica that will allow Russian and Dominican citizens to visit each other’s countries for up to three months at a time, reports TASS. “The draft agreement waives visas for holders of Russian passports valid abroad, including diplomatic and service passports, and citizens of

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IMF Deems Malta IIP a Key Economic Contributor, Naysayers Still Find a Way to Criticize

Opinion of the editor: Having concluded its Article IV consultation with Malta, the International Monetary Fund has given the country’s economic outlook a high rating – with certain reservations – and acknowledged the Malta Individual Investor Programme’s positive contribution to GDP and fiscal balance.  In a press release discussing the consultation, the IMF states that

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EB-5 Partly Suspended Due to Government “Shutdown”

As the House and Senate of the United States failed to reach a government funding agreement last Friday, certain parts of the EB-5 program are effectively suspended until further notice. The United States Citizenship and Immigration Services writes on its website that its fee-funded operations will remain active but that activities that rely on government

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Exiger Launches DD Practice Dedicated to Investment Migration

NEW YORK, LONDON and HONG KONG, May 1, 2017 /PRNewswire: Exiger, a global leader in due diligence services is launching the world’s first due diligence practice dedicated exclusively to the citizenship and residence by investment industry. Having recently acquired the Investigate Due Diligence Practice of IPSA (another DD giant), Exiger is now opening its Immigration,

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