Over the past seven years, the number of formal citizenship-by-investment programs has grown from two to twelve, and according to Knight Frank’s 2018 Global Wealth Report, a third of ultra-high-net-worth-individuals hold a second passport, while another third plan to join the world of investment migration. Furthermore, a recent report by The Economist stated that over 80% of all visas granted worldwide come from a small group of high-income nations, including the US, Canada, the UK, Hong Kong, and Australia. It is therefore not surprising that the demand for alternative residence and citizenship has increased so rapidly, with over 36,000 investor visas issued in 2014 alone, allowing visa-free access to these five countries.
These figures clearly show that global mobility, personal security, and ease of asset diversification are of utmost importance and consistently top of mind for many global citizens and their advisors. They are among the wide-ranging topics that will be discussed, debated, and explored at next month’s 12th Global Residence and Citizenship Conference in Dubai.
Over the years, this annual conference has become the world’s largest and most significant event on investment migration. It presents unrivaled opportunities to network and hear first-hand from the industry elite, bringing together presidents and prime ministers, senior government representatives, renowned academics, and leading investment migration industry professionals, as well as top-tier media representatives. This year, the Global Residence and Citizenship Conference will be held at the Mina A’Salam Hotel in Dubai, from 4 to 6 November 2018, where over 400 attendees will gather to meet the people driving the important worldwide trends of increasing mobility, transnational thinking, and growing global citizenship.
Among the highlights of this year’s conference is an exclusive interview with Sophia, the first robot ever to be granted citizenship, as well as presentations by Taavi Kotka, the former CIO of the Government of Estonia and the Founder and CEO of Proud Engineers OÜ; Oliver Väärtnõu, the CEO of Cybernetica AS; and Tariq Qureishy, the Founder and CEO of MAD Talks. Senior government representatives this year include the President of Montenegro, Milo Đukanović; the Prime Minister of Malta, the Hon. Dr. Joseph Muscat; the Jordanian Minister of State for Investment Affairs, H.E. Muhannad Shehadeh; the Grenadian Minister of Foreign Affairs and Labor, the Hon. Peter David; and the Premier of Nevis, the Hon. Mark Brantley.
Increased geopolitical, ecological, and economic uncertainty means that there has never been a better time to explore alternative residence and citizenship. Choosing from the growing number of high-quality investment migration programs is no simple task; however, one of the focuses of this year’s Global Residence and Citizenship Conference is to provide invaluable insights into some of the world’s leading residence- and citizenship-by-investment programs. A number of panels will focus exclusively on the newly launched Moldova Citizenship-by-Investment program and will include special keynote addresses by H.E. Chiril Gaburici, Moldovan Minister of Economy and Infrastructure, and H.E. Vitalie Iurcu, Moldovan State Secretary for the Ministry of Economy and Infrastructure.
As in previous years, the conference will close with the presentation of this year’s Global Citizen Award®, which honors an inspiring individual who has made an extraordinary contribution to the global community. The 2018 laureate will be announced at a special ceremony and gala dinner on the evening of 6 November 2018.
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