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asia-pacific

Asia-Pacific Policy Updates 

Thailand’s Tax Tightening on Foreign Income Raises Questions About Implementation

September 29, 2023September 29, 2023 Christian Henrik Nesheim asia-pacific, club, golden visa, philippe may, residence by investment, tax, thailand

The new guideline “poses significant challenges for Thai tax residents,” emphasizes the Australian Chamber of Commerce in Thailand.

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Asia-Pacific Greco's Geopolitics 

Indonesia’s New Golden Visa Misses the Mark in What Could Be the World’s Next Great Residency Destination 

September 5, 2023September 5, 2023 Brian Greco asia-pacific, brian greco, club, golden visa, indonesia, residence by investment, southeast asia

Too expensive, not permanent, and not providing any solutions that don’t already exist: Brian Greco’s verdict on Indonesia’s new golden visa.

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Asia-Pacific Intel & Data 

As Malaysia’s Federal MM2H Withers Under Stricter Rules, Sarawak’s MM2H Sees 2,800% Increase in Approvals

August 19, 2023August 19, 2023 Christian Henrik Nesheim anthony liew, asia-pacific, club, data, golden visa, malaysia, mm2h, residence by investment, southeast asia, statistics

Now nearly 7 times cheaper than the national version and with much more flexible presence requirements, Sarawak’s MM2H is thriving.

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Asia-Pacific Intel & Data 

Vanuatu: Schengen-Access Suspension Saw CBI as Share of Govt Cut in Half

July 5, 2023July 5, 2023 Christian Henrik Nesheim asia-pacific, cbi, citizenship by investment, club, data, statistics, vanuatu, vanuatu dsp

Vanuatu’s CBI revenue has cratered since the loss of Schengen. A commission has been formed to find out what went wrong – and who is to blame.

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Asia-Pacific Intel & Data 

South Korea Doubles Investment Requirement for Investor Visa

June 14, 2023June 14, 2023 Christian Henrik Nesheim asia-pacific, club, data, golden visa, residence by investment, south korea, statistics

South Korea’s investor visa, which has raised at least US$10 billion in the last 23 years, is doubling the real estate minimum investment.

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Asia-Pacific 

Residency in Singapore for Entrepreneurs – Hiring Yourself Still Works Under New Rules

May 25, 2023May 25, 2023 Hannah Ma active investor visa, asia-pacific, club, employment pass, singapore, southeast asia

The Global Investor Program costs millions. Entrepass requires VC funding. For entrepreneurs seeking a base in Singapore, the EP Visa still works best.

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Asia-Pacific Intel & Data 

Australia Sharply Reduces BIIP Visa Availability for 2023/24 Despite Record Backlog

May 12, 2023May 12, 2023 James Hall asia-pacific, australia, biip, club, data, golden visa, james hall, residence by investment, statistics

“The future of the BIIP is uncertain,” writes James Hall, pointing to new planning levels that will exacerbate the already huge backlog.

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Asia-Pacific 

Malaysia M2H Applications Down by 90% Since New Rules Imposed, Says Industry Association

April 7, 2023April 12, 2023 Christian Henrik Nesheim anthony liew, asia-pacific, club, malaysia, mm2h, residence by investment, southeast asia

The quadrupling of the MM2H income requirement has caused a collapse in applications. “Those who now qualify have better options,” say agents.

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Asia-Pacific Policy Updates 

Vanuatu Launches AUD-Denominated CBI Bond Investment Option

March 27, 2023March 27, 2023 Christian Henrik Nesheim asia-pacific, bonds, cbi, citizenship by investment, club, dsp, policy updates, vanuatu

The government will appoint a single Master Agent to market the world’s only sub-US$100,000 (technically speaking) CBI option globally.

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Asia-Pacific Policy Updates 

Singapore Global Investor Program Quadruples Min. Investment Requirement

March 3, 2023March 3, 2023 Christian Henrik Nesheim asia-pacific, club, global investor program, golden visa, philippe may, policy updates, residence by investment, singapore

An average of 60 investors a year qualify for PR under Singapore’s GIP. Now, the government is quadrupling the minimum investment requirement.

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Asia-Pacific Policy Updates 

State Govt. Approves New Sabah-MM2H: Malaysia Now Has 4 Residence-by-Deposit Programs With Different Prices

February 4, 2023February 7, 2023 Christian Henrik Nesheim asia-pacific, club, malaysia, mm2h, policy updates, residence by investment, sabah, sarawak, southeast asia

Malaysia now has four residence-by-deposit programs that let participants live anywhere in the country, but two of them have an 80% discount.

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Asia-Pacific 

EU Gives Vanuatu 18 More Months to “Fix” CIP Before Enacting Full Suspension of Schengen Visa-Waiver

February 2, 2023February 2, 2023 Christian Henrik Nesheim asia-pacific, cbi, cip, citizenship by investment, club, european commission, european council, vanuatu

Vanuatu will actively involve the EU in the process of reforming its citizenship by investment programs to Brussels’ satisfaction.

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Asia-Pacific 

Unsung IM Programs Part 4: Philippines Special Investor Residence Permit (SIRV)

December 23, 2022December 23, 2022 Ahmad Abbas ahmad abbas, asia-pacific, club, golden visa, philippines, residence by investment, unsung programs

A modest investment at flexible terms enables residency and a path to citizenship in a highly livable country with a tiger economy.

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Asia-Pacific Policy Updates 

Sri Lanka’s $75,000 Real Estate Investment-Based Long Term Residence Visa Launches

November 14, 2022May 19, 2023 Christian Henrik Nesheim asia-pacific, club, golden visa, policy updates, residence by investment, sri lanka

Sri Lanka now offers visas of 5- to 10-year validities for investments in condominiums from US$75,000 to US$500,000.

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Asia-Pacific Policy Updates 

Uzbek Govt. Submits Bill to Allow US$1 million Citizenship by Investment

November 10, 2022November 10, 2022 Christian Henrik Nesheim asia-pacific, cbi, central asia, cip, citizenship by investment, club, policy updates, uzbekistan

Uzbekistan appears to be the latest country aiming to attract the growing diaspora of affluent and/or talented Russians.

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Asia-Pacific Policy Updates 

EU Council Fully Suspends Vanuatu’s Visa-Waiver Agreement

November 9, 2022November 9, 2022 Christian Henrik Nesheim asia-pacific, cbi, cip, citizenship by investment, club, EU, european commission, european council, vanuatu

The EU Council is extending the visa-waiver suspension to non-CBI citizens of Vanuatu, citing a “lack of progress” in addressing concerns.

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Asia-Pacific Intel & Data 

Thailand Elite Membership Passes 20,000 – Approvals of Chinese Nearly Tripled in 2022

November 6, 2022November 6, 2022 Christian Henrik Nesheim asia-pacific, club, data, residence by investment, statistics, thai elite, thailand

The Chinese market recovery in 2022 is borne out by statistics from several programs. Thailand’s Elite visa is a primary beneficiary.

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Asia-Pacific 

Laos to Grant Honorary Citizenship to Those Who Invest and Donate US$1.5 million

October 26, 2022October 26, 2022 Christian Henrik Nesheim asia-pacific, cbi, cip, citizenship by investment, club, honorary citizenship, laos, policy updates, southeast asia

As in Jordan, the high-ticket CIP is likely to serve more as an incidental bonus for already-existing investment than to attract new capital.

Read more
Asia-Pacific 

Australia’s New Home Minister Hints She May Close Significant Investor Visa Program

September 20, 2022September 20, 2022 Ahmad Abbas asia-pacific, australia, australia siv, club, golden visa, siv

“It is a visa program that I think isn’t adding value to the country,” said the Home Affairs Minister in a recent press conference.

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Asia-Pacific 

In Astonishing Claim, Malaysian Govt. Says Premium Visa Program Got 20,000 Applications on First Day

September 6, 2022September 6, 2022 Christian Henrik Nesheim anthony liew, asia-pacific, club, malaysia, mm2h, philippe may, PViP

Industry insiders, however, are not buying the figure, calling it “misinformation” and a practical impossibility.

Read more
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