Moldova Update: Too Soon to Call CIP’s Future; Next Week Will Be Critical
Confusion about the Moldova CIP has been widespread this week. IMI explains what’s really going on and what the possible outcomes are for the program.
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IMC-Chief on Brussels Meeting: “Commission Deserves Credit for Inclusive Approach”
Attendees expressed optimism following the European Commission’s stakeholder meeting on investment migration in Brussels today
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Investment Migration Stakeholders Surveyed Ahead of European Commission Meeting on RCBI
Civiquo are calling on industry stakeholders to share their views ahead of next week’s European Commission stakeholder meeting on investment migration.
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China’s 11 Largest Investment Migration Agencies in 2019
Conservative estimates say there are more than 5,000 investment migration agencies in China. These are the biggest.
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Dominica CIP’s Due Diligence “Has Been Lax” Says US State Department in Report
While largely satisfied with the vetting standards among CIP jurisdictions, the State Department expressed concerns regarding the due diligence in Dominica.
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10 Reasons Indian HNWIs Have Been Slow to Embrace Investment Migration
Indian immigration attorney Prashant Ajmera explores the ten factors that have held the Indian investment migration market back, until now.
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EB-5 Program Supports 355,000 American Jobs, Economic Impact Study Finds
During the two-year fiscal period of 2014-15, the US EB-5 program accounted for some $11 billion in capital investments in the US and supported 355,200 jobs or about 6% of all private-sector employment growth during the period, finds a study. Prepared by Economic & Policy Resources Inc., and co-sponsored by EB-5 industry advocacy groups IIUSA
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Future Citizen Institute Picks Apart EC Report on RCBI in Meticulous Academic Response
In perhaps the most thorough response yet to the European Commission’s report, the Future Citizen Institute takes the Commission to task for producing a sloppy report.
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Full EC Report on Investor Residence and Citizenship, Stakeholder Reactions
After some delay, the European Commission has now published the full version of its report on residence and citizenship by investment programs. Download it here. Read also industry stakeholders’ reactions to the report: Investment Migration Council (IMC): IMC on EC Report: European Institutions Must Include IM Industry in Policy-Making Process Dr. Dimitry Kochenov: Kochenov: EU
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Kochenov: EU Report on Investor Citizenship and Residence – When the Commission Misleads
Contributed by Dr. Dimitry Kochenov Today, on 23 January 2019 the Commission released its ‘Report on Investor Citizenship and Residence Schemes in the European Union.’ Given the negative attention the whole issue of selling EU citizenship and residence has been receiving from the powers that be in the European Union, be it the European Parliament
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Eur. Commission Report on RCBI Ignores Socio-economic Benefits, Says H&P
Responding to the European Commission’s long-awaited report on residence and citizenship by investment – which will only become publicly available tomorrow – Henley & Partners have issued a press release. While the firm agreed with some of the Commission’s conclusions, the report, said Henley & Partners, “is lacking when it comes to the important consideration
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CIP Critics in European Commission “Didn’t Even Bother” to Consult Malta IIP Regulator
Earlier this week, the Malta Individual Investor Programme’s regulator – ORiip – published its annual report on the MIIP which showed the program had already raised in excess of a billion euros. Also included in that report was Regulator Carmel L. De Gabriele’s foreword, in which he expressed “utter dismay” at the European Commission (EC)
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Eur. Parliament Report on RCBI “Reaches Right Conclusions for the Wrong Reasons” Says IMC
In a response to the European Parliament’s report on the residence and citizenship by investment industry, the Investment Migration Council has issued a statement, reprinted in full below: Today, the European Parliamentary Research Service has recognised Residency and Citizenship by Investment Programmes as a legitimate sovereign capital raising mechanism and the positive economic impact that
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European Parliament Publishes Report on RCBI-Programs
The European Parliamentary Research Service has published a report on residence and citizenship by investment programs in the EU, suggesting how the EU should “deal with” such schemes. The report comes as a result of requests from the European Parliament’sSpecial Committee on Financial Crimes, Tax Evasion and Tax Avoidance(TAX3) for a study on CBI and RBI
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Malta Already Follows Recommendations Says Govt. in Reaction to Transparency Report
In response to today’s report from Transparency International – European Getaway; Inside the Murky World of Golden Visas – Malta’s government has issued the following statement: Press Statement issued by the Government of Malta Reaction to the report ‘European Getaway – Inside the Murky World of Golden Visas’ published by Transparency International and Global Witness 2018 The
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Transparency International Slams Golden Visas in New Report
Transparency International, in cooperation with Global Witness, today published a 50-page report entitled European Getaway; Inside the Murky World of Golden Visas. Released just minutes ago, the full extent of the report’s findings are as yet unclear, but a quick glance indicates a highly critical approach. The report’s executive summary offers hints (bold ours): “[…]The
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IMC’s L’ecuyer Urges Adherence to Ethical Code Following QIIP-Investigation
In a response to the airing of an investigative report on the Quebec Immigrant Investor Program (QIIP) by Canadian state broadcaster CBC Radio Canada, the CEO of the Investment Migration Council (IMC), Mr. Bruno L’ecuyer, has issued an open letter to all Residency and Citizenship by Investment professionals. For background, see Tajick: Public Broadcaster Investigation Rocks
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EU to Use “All Legal and Psychological Tools” to Force CIP-Country Compliance With New Guidelines
Vera Jourova, the European Commissioner for Justice, visited Cyprus on Friday as part of a “fact-finding mission” intended to give her a better understanding of the inner workings of EU-country citizenship by investment programs. Speaking to reporters in Nicosia on Friday, Jourova once more confirmed the European Commission’s intentions to issue recommendations to member states
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Chinese Investment Migration Trends: Ireland, Greece Push Caribbean CIPs Out of Top 10 Destinations
The Hurun Research Institute in association with Visas Consulting Group (a leading Chinese immigration company) has released the Immigration and the Chinese HNWI 2018 report which includes the “Chinese Immigration Index”, a ranking based on an investment migration program’s suitability for Chinese applicants, the “Preferred Destinations for Immigration Ranking”, as well as a variety of
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US Govt. Would Favor Caribbean CIP Unification, Says Saint Lucia’s PM Chastanet
Saint Lucia’s Prime Minister Chastanet responded to American concerns about his country’s CIP by reiterating calls for Caribbean CIP harmonization. In its annual International Narcotics Control Strategy Report issued this week, the US government cited concerns about political influence over the Saint Lucia Citizenship by Investment Program, as well as exposure to local corruption. Responding to
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