“Tax the Rich Proponents Playing With Matches”: Investment Migration People in the News This Week

"Targets of this [wealth tax] proposal are the most mobile group of taxpayers and are already bolting the state before the wildfire."
IMI
• Amman

Investment migration people in the news this week included:

  • Adewale Dosunmu of Global Citizen Consultants
  • Basil Mohr-Elzeki of Henley & Partners
  • Dominique Silvera of Christie’s International Real Estate Barbados
  • Pedro Oliveira of Optimize Investment Partners
  • Global Citizen Solutions
  • David Lesperance of Lesperance & Associates
  • Francesca Grillon of Yawha & Associates
  • Melten Menauke of Smart Citizenship
  • Norman Joseph of JG Marketing
  • Ros Stanford of Stanford Knight
  • Vicky Luis of Golden Visa Centrale

Vanguard – Adewale Dosunmu engages Saint Kitts & Nevis Citizenship by Investment Leadership and Nigeria’s Former SGF

Adewale Dosunmu, Managing Partner for West Africa at Global Citizen Consultants (GCC), has played a growing role in connecting African investors and institutions with compliant, government-backed investment pathways across the Caribbean and beyond. GCC’s advisory model emphasizes transparency, regulatory alignment, and long-term value—principles that align closely with the evolving governance frameworks of Saint Kitts and Nevis’ CIU.

[…]

Commenting on the engagement, Dosunmu said:

“Saint Kitts and Nevis continues to set the global standard for citizenship by investment. Conversations like these are critical for ensuring that African investors engage credible programs that prioritize integrity, economic impact, and mutual growth.”

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Mansion Global – Caribbean Islands Have Put Citizenship up for Sale. Why Applicants Might Want to Hurry.

Rather than just offering residency, citizenship-by-investment programs grant passports to foreigners who either invest in government-run philanthropic projects or buy approved real estate, said Basil Mohr-Elzeki, a Miami-based managing partner at Henley & Partners, a global firm that specializes in residency and citizenship planning. 

[…]

“Governments started these programs to seek foreign direct investment,” Mohr-Elzeki said. “The investor’s family gets a passport. The country gets economic stimulus that leads to jobs and infrastructure. It’s a win-win.”

[…]

When the programs started, “it was people who wanted to get into the U.S. and required a friendlier passport than their home countries, like Russia or China,” said Dominique Silvera, co-founder of Christie’s International Real Estate Barbados. “Ironically, it’s a lot of Americans who are buying now. If you’re an American who does global business, it’s hard to say these days who’s a friend and who’s not, so a neutral passport is valuable.”

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The Portugal News – Portugal’s Nationality Law Review Reinforces the Case for Long-Term Planning and Investment

Against this backdrop, Portugal continues to stand out as one of Europe’s most compelling destinations for long-term planning, particularly through its residency-by-investment options. The Portuguese Golden Visa programme remains fully operational and unchanged by the nationality law discussions. It continues to offer non-EU nationals a clear and structured route to legal residency, family reunification and freedom of movement within the Schengen Area, alongside minimal physical presence requirements. Pedro Oliveira of Optimize Investment Partners says, “Golden Visa eligible funds in Portugal include a wide range of options suitable for different risk profiles, ranging from Private Equity funds to highly diversified Mutual Funds with daily liquidity that invest in listed securities (stocks and bonds) and offer transparent information about their portfolios and solid track record performance.

Forbes – Greece Golden Visa Program Launches A New Investment Pathway For 2026

As reported by Global Citizen Solutions, a global mobility investment agency, there was speculation that the government would withdraw the real estate golden visa option in favor of investment in startups, but the government “made it clear that the startup investment option was to be added to the existing investment options.”

Mercury News – Billionaire tax proposal roils Bay Area havens for the super-rich

David Lesperance, a tax and immigration lawyer who advises ultra-wealthy clients, said he has already helped three Silicon Valley billionaires leave California to escape the potential tax.

[…]

“Over Thanksgiving, people really started reading it and going, ‘Oh, oh, oh,’” Lesperance said. “It was a pretty frantic December and it’s been fairly frantic ever since.”

Barron’s – Some Super Wealthy Just Want to Be Taxed. Others Are Pushing Back.

In fact, the potential for a ballot initiative to impose a “billionaire’s tax” in California appears real enough to have forced some high-profile billionaires to flee the state. Attorney David Lesperance says he has helped four wealthy clients to leave California already, anticipating the tax could be retroactive to Dec. 31, 2025.

[…]

The ultrawealthy who are the “targets of this proposal are the most mobile group of taxpayers and are already bolting the state before the wildfire because they see ‘Tax the Rich’ proponents playing with matches,” Lesperance said in an email, referring to the “political wildfire” that could be generated if politics in the U.S. shift to favor Democrats.

RNZ – Vanuatu citizenship sales strong despite currency hassles and integrity issues

However, Vanuatu’s continued inclusion on an EU anti-money laundering blacklist hurts more, Francesca Grillon of approved agent Yawha & Associates said.

[…]

“I think the main issue we are having is the blacklisting from Europe, because that that is an obstacle for recieving funds in foreign currency,” she said.

[…]

Melten Menauke of Smart Citizenship Vanuatu explained that this left the government in a bind over how it collects the donations and fees that foreign applicants pay.

[…]

“The National Bank is still looking for a correspondent bank to accept US dollars. I don’t know what is happening with the Commonwealth bank of Australia.

[…]

Interest remains strong in several foreign markets, Norman Joseph of JG Marketing, Consulting and Recruitment Agency said.

[…]

“So they come in, for example, some might be Chinese but they also have a Mexican passport, so they apply in from a Mexican passport.”

[…]

Ros Stanford of designated agent Stanford Knight said the Vanuatu passport was attractive for a variety of reasons.

[…]

“So, either for visa free travel – so global mobility is one option; for those that actually physically want to reside for tax benefits; and then we have a lot of clients currently who just want a safe like a Plan B, a safe alternative residence, in case things turn to custard globally.”

Inquirer – Dubai offers ‘golden visa’ to Filipino investors

“The Dubai Golden Visa offers a high degree of flexibility, allowing investors to structure their residency around specific objectives, whether that’s asset diversification, supporting cross-border businesses, long-term wealth planning, or family relocation,” said Vicky Luis, founder and president of Golden Visa Centrale, which launched the program on Monday.

[…]

“As Dubai’s economy continues on a strong growth trajectory, Filipinos now have a chance to combine financial growth with lifestyle advantages,” Luis said.

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