Investment migration people in the news this week include:
- Christian Kälin of Henley & Partners
- Armand Arton of Arton Capital
- Kevin Bürchler of Swiss Insurance Partners
- David Lesperance of Lesperance & Associates
- Julian Dixon of Jamaica Sotheby’s International Real Estate
- Christopher Nye of Portugal Property Guides
Henley & Partners last week released its quarterly passport index update, which resulted in broad coverage in widely read news outlets, including but not limited to:
- Forbes: The World’s Most And Least Powerful Passports For 2021
- Daily Mail: Revealed: Japan and Singapore still have the most powerful passports in the world, with the UK and America joint seventh and Afghanistan bottom
- Fortune: For the global traveler in the age of COVID, here’s your elusive golden passport
- The Straits Times: Singapore and Japan passports tied for most powerful in the world
- Business Insider South Africa: South African passports are down in relative power – and it probably won’t get better soon
- BusinessTech: More than 100 countries you can travel to visa-free on a South African passport, as lockdown restrictions ease
Arabian Business: UAE named most powerful passport as world reopens after Covid shock
Armand Arton, president of Arton Capital, said: “To start Q4 with a 14.8 percent increase in global mobility shows that the world is thankfully opening up once more, and on an encouragingly positive trajectory. We do note, however, that we are still only back to mobility levels first achieved six years ago, so the aftermath of the global shutdown is still very much in play.”
David Lesperance’s appearances this week:
- Bloomberg Tax: Pandora Papers Show Secrecy Behind State Trusts Runs Deep
But such aggressive tax competition among states come with a warning label, says David Lesperance, a managing partner at Lesperance & Associates.
“Assume there’s going to be a whistleblower in every one of these states,” said Lesperance. “So, if you are engaging in something that is nefarious behavior then it’s not a question of if, but when, and are you prepared to deal with it.”
The Government is being pushed to consider adopting a citizenship-by-investment programme with the funds gained through the process used for various development projects.
Julian Dixon, CEO and broker at Jamaica Sotheby’s International Realty, made the call on Friday during the launch of the luxury real estate dealer’s operation in Jamaica. “Of Course, I would expect that like many other countries in the world, including some of our own brothers and sisters in the Caribbean, that there would be a developed criterion which would determine eligibility. This would include but not be limited to individuals of sound character and one’s ability to meet a minimum foreign investment value,” Dixon told the audience in attendance at the AC Marriot Hotel in St Andrew. She said funds gained from the project should be used to invest in the country’s infrastructure, real estate, job creation and business development.
Year-round sunshine, award winning golf courses, azure Atlantic waters and good value for money, it’s easy to see why Portugal is fast becoming a top destination for British expats. Christopher Nye, senior content editor at Portugal Property Guides, spoke to Express.co.uk about the best areas for British expats to buy a property.
Christopher said: “Portugal is a brilliant option for a healthy, active retirement in the sun. The Algarve offers the most sunshine hours for the lowest price in Western Europe, according to the Property Guides “Cost of Sunshine Index”.
Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 16 years in the United States, China, Spain, and Portugal.