IMMIGRATION BY INVESTMENT

China contributed to a massive quarter of UK visas issued globally last year, according to the latest quarterly report on immigration statistics published by UK's Home Office.In the light of the statistics, more than 730,000 visas were issued to Chinese nationals in 2018, which equates to 25 percent of the total 2.9 million entry clearance visas granted, and represents an 11 percent increase from the previous year. Both Chinese visitors and students to the UK saw strong growth in numbers. According to the statistics, the number of  visitor visas issued to Chinese nationals last year increased by 11 percent  to...

IMMIGRATION BY INVESTMENT NEWS 2019

(CNN) — It's been a three-horse race this year to be named the world's most powerful passport, with all top three contenders in Asia. Now, as we enter the second half of 2019, Japan and Singapore have held onto their position as the world's most travel-friendly passports, with South Korea dropping into second place. That's the view of the Henley Passport Index, which periodically measures the access each country's travel document affords. Singapore and Japan's passports have topped the rankings thanks to both documents offering access to 189 countries each. South Korea is now rubbing shoulders with Finland and Germany in the...

IMMIGRATION BY INVESTMENT NEWS 2019

On the evening of November 15, 2018, Asia Outbound Awards and Gala Dinner was held at Kempinski Hotel in Shanghai. The list of winners of Asia Outbound Awards has been unveiled mysteriously. Special thanks to Our Charity partner, Stepping Stones. The first award announced is the captive Insurance Jurisdiction of the Year. This Award is in recognition of those jurisdictions providing the most ease of use, best regulation and accessibility to the Chinese market for captive insurance vehicles. The shortlisted nominees are:Labuan International Business and Finance Center， Bermuda Business Development Agency， Cayman FinanceThe final winner is Labuan International Business and...

IMMIGRATION BY INVESTMENT NEWS 2019

The Council of Ministers of the Republic of Cyprus has just recently proposed changes to the current Cyprus Investment Programme (citizenship by investment program), which allows obtaining the citizenship of the country in a little more than six months. The proposed changes: Investors will be required to make a donation of €75,000 to the “Cyprus Land Development Corporation” (effective from May 15, 2019); Investors will be required to make a donation of €75,000 to the “Research Promotion Foundation” (effective from May 15, 2019); Instead of the previous 3 years’ requirement, investors shall keep their investments for a period of at least 5...

IMMIGRATION BY INVESTMENT NEWS 2019