Dominica PM hails Economic Citizenship Program – Prime Minister Roosevelt Skerrit has defended the program amid recent criticism from the opposition Unites Workers Party. Skerrit also highlighted the importance of the program as a source of funding, stressing that taxation would need to be increased as an alternative.
U.S. Vs. Canada – Which Country Has the Best Investor Immigration Program? – Forbes article compares the EB-5 program and Quebec IIP.
Chinese newcomers can ‘boost growth’ – China Daily’s Riaz Butt explores the motivations of Chinese immigrant investors coming to Europe.
Antigua and Barbuda connect with top investors – Success of the Citizenship by Investment Unit on the agenda at luncheon; speeches made by Prime Minister Gaston Browne and Minister of Tourism Asot Michael, with Special Economic Envoy Robert De Niro among attendees.
Vanuatu honorary citizenship scheme progressing – Director-general of Vanuatu’s Ministry of Internal Affairs says the Government’s scheme for selling honorary citizenship is progressing well, confirms applicants are screened through the Financial Intelligence Unit.
Bi-Partisan EB-5 Legislation Introduced in Senate – The American Job Creation and Investment Promotion Reform Act, proposed by Republican Chuck Grassley and Democrat Patrick Leahy, would reauthorize the EB-5 Regional Center program for five years and add measures to improve the program’s integrity.
St. Kitts considers raising investment threshold for CBI program – Prime Minister Timothy Harris says the country will also be more stringent in preventing people with a criminal history from obtaining citizenship. The IMF forecasts revenue from the program at about $37 million per year from 2015-2017.
Small caps, venture capital among investor visa winners in Australia – Recent changes to Australia’s Significant Investor Visa program may potentially quadruple inflows into the fledgling venture capital market to as much as $500 million and bolster trading volumes in the small-caps company segment on the ASX.
EB-5 program contributed $3.58 billion to U.S. GDP and supported over 41,000 U.S. jobs in 2013 – According to peer-reviewed study by Invest in the USA (IIUSA), the trade association for the EB-5 Regional Center Program.
Cyprus Citizenship scheme raises €2 billion – Citizenship by Investment program has boosted the Cyprus economy by €2 billion from property sales and investments in the country according to an audit services report.