Investment migration people featured in the mainstream media this week include:
- Joanna Murphy, CEO of Irish Diaspora Loan Fund
- Christian Kälin, Chairman of Henley & Partners
- Parizad Sirwalla, Partner and Head, Global Mobility Services and Tax, KPMG India
- Duncan Hill, Marketing Director, Davies & Associates
European countries such as Spain and Portugal have emerged as popular choices for those with the means to activate a “plan B”. Now an Irish fund is offering wealthy Hongkongers a way to gain permanent residency on the “Emerald Isle” – by investing €1 million (US$1.1 million) in family-run hotels outside the capital, Dublin.
IM people featured:
- Joanna Murphy, CEO of Irish Diaspora Loan Fund
Bloomberg Quint: Brexit Fan Crispin Odey Raises Just One Cheer for Big Day
“Commerce in general has become more international and less tied to a single sovereign state,” said Chris Kalin, chairman of Henley & Partners Group, which helps the rich to relocate. “The management of wealth portfolios is no different.”
IM people featured:
- Christian Kälin, Chairman of Henley & Partners
CNBC TV18: Budget 2020: Govt proposes income tax on non-taxpaying NRIs
The budget has turned out to be taxing for the non-resident Indian. Firstly, to be categorised a non-resident, an Indian now has to stay abroad for 240 days a year, against 182 previously. In other words, an Indian national, to claim the non-resident status, can’t stay in India for 120 days or more in a year.
IM people featured:
- Parizad Sirwalla, Partner and Head, Global Mobility Services and Tax, KPMG India
Telangana Today: Turkey emerging as a preferred route for E2 Visa
It is pertinent to note that E1 and E2 visas are not currently available to Indian nationals. Davies & Associates (D&A), a US-based immigration law firm, has worked with Indian clients who have obtained a third country nationality and then qualified for an E1 or E2 visa on that basis. While E visas are non-immigrant visas they can entail significantly less investment than an EB5-based green card application.
IM people featured:
- Duncan Hill, Marketing Director, Davies & Associates
