What is Hong Kong’s New Immigration Law?
The government has clarified that the new law is aimed only at asylum seekers as the city battles with a growing backlog of applications and does not impact freedom of movement. However, experts have cautioned that the bill’s broad wording gives the government the authority to stop people from boarding planes to and from the […]
What is Citizenship-Based Taxation?
While there are undoubtedly some benefits to taxing non-resident citizens, such as a continuous influx of tax irrespective of short-term migration, the taxation system has been controversial for several years, with many arguing that it is a draconian measure that should be left in the past. Some countries adopted a citizenship-based tax (at times with […]
UAE’s Expatriates Look to Investment Immigration Programmes for Citizenship
Data firm government advisory, credits the exodus in the UAE to a lack of citizenship rights offered to expats. “Expatriates don’t have access to citizenship rights or social welfare benefits, which means you have no protection against expulsion by authorities and face a constant reliance on employment visas,” she said. In February, Emirati officials took note […]
Digital Currency Could Spike Second Citizenship Demand in China
For the past decade, companies, collectives, and in the case of Bitcoin, anonymous creators have released digital currencies on the internet. Many of these have seen exceptional success. Bitcoin’s market capitalisation, for example, is higher than that of giants like Facebook, Tesla and Walmart. While these currencies have helped bring about an age of digital money, […]
The Self-Proclaimed “Bitcoin Jesus” Has St Kitts and Nevis Citizenship
But before the average Joe began to invest in the currency, there was one man who was willing to shoulder the risk when rarely anyone else was. The self-proclaimed ‘Bitcoin Jesus’, Roger Ver, was an early investor of Bitcoin – today’s most well-known cryptocurrency. Ver got into the market when Bitcoin was still only valued […]
Vanuatu Introduces Real Estate Option to Programme
This is not the first introduction of a Real Estate Option Programme, as Vanuatu approved a similar option in 2014 before repealing it only a year later. However, the new amendment will be entrenched in the Citizenship Act, enabling the nation to offer an attractive route to citizenship for wealthy foreign investors. Once implemented, the […]
St Kitts and Nevis Offers Two New Routes to Economic Citizenship
St Kitts and Nevis is already widely recognised as the Platinum Standard of investor immigration, presenting aspiring citizens with the opportunity to invest either in a fund dedicated to ensuring the nation’s sustainability or in pre-approved real estate developments. The two new investment options aim to bring greater freedom of choice to investors and encourage […]
New Employment Equity Amendment Bill May Impact Skilled South Africans
Understanding the Employment Equity Amendment Bill The current Employment Equity Act provides for some affirmative action measures. However, the Department of Employment and Labour has introduced the Bill, that would make these much stricter. Announced in 2020, the Bill proposes to allow the Minister of Employment and Labour to set numerical targets for the representation of suitably qualified persons from designated groups […]
Russia Plans to Introduce Golden Visa Programme
Golden visas refer to the process whereby an investor contributes to the host nation’s economy, subsequently gaining permanent residency along with the added perks. For those who choose to settle in Russia, benefits include access to social services like medical insurance, the right to move freely across the country, the opportunity to set up a […]
How the Caribbean is Tackling the Climate Crisis
The Caribbean is renowned as a travel destination, famous for its beaches, clear waters, and seemingly ever-lasting sun. However, it is also a frontline soldier when it comes to the fight against global warming. While the rest of the world continues to talk about the problem, the Caribbean, unfortunately, has no option but to battle […]
