Sabrita Khan-Ramdhani, CEO and Managing Director of Orion Corporate Solutions Inc. answers the question “Why Grenada?”. How has the COVID-19 pandemic impacted the Grenada programme and work of the Grenadian Citizenship by Investment Unit? I would say that Covid-19 has generally had a…
Dominica widens ‘dependant’ clause under its CBI programme
The Commonwealth of Dominica announced notable changes to its Citizenship by Investment (CBI) Programme last month. Published in the country’s Official Gazette on July 29, 2020, the Commonwealth of Dominica Citizenship by Investment (Amendment) Regulations, 2020 widen the scope of eligible ‘dependants’ and post-citizenship additions. Siblings aged 25 or…
India becomes the largest EB-5 market in FY2019
It was revealed in February 2019, that India’s economy has become the 5th largest in the world, with a GDP of $2.94 trillion, thus overtaking the likes of France and the UK. This was also reflected in IIUSA’s report on FY2019 Q1…
Britain upholds their commitment to BN(O)s in Hong Kong, and has confirmed an extension of residence rights in the UK
After China’s imposition of a national security law on Hong Kong, the UK confirmed that new arrangements will be put in place for British Nationals (Overseas). The new arrangements will be put into practice within the coming months, meaning that BN(O)s from…
Saint Lucia announces half-price COVID-19 Relief Bond
To signify that Saint Lucia’s Citizenship by Investment Programme is still open for business, and in order to attract foreign investors through to the end of 2020, the Government has introduced some significant changes to the programme. Nestor Alfred, head of the CIU, and Prime Minister…
Antigua changes to CIP legislation
Antigua and Barbuda are deciding to change their Citizenship by Investment Program in a bid to get more applications and in turn have an increase in revenue. One change is an increase in commission to investors. This change is expected to happen in…
Singapore’s Global Investment Program Amendments
The Singapore Government is expanding its Global Visa Scheme in order to gain more investors. This change will be coming into effect from 1st March 2020. The Golden Visa Scheme or Global Investor Program offers permanent resident to foreign investors who invest at…
Grenada Six Senses Hotel, scheduled for November 2022
To coincide with Grenada’s 46th Anniversary of Independence, the construction of Six Senses 100-room luxury hotel; located on Grenada’s La Sagesse beach was announced on February 7th and it is anticipated to be complete by November 2022. Ten months after the Government of Grenada…
Tier 1 (Exceptional Talent) visa gets makeover – introducing Tier 1 Global Talent visa
On 27 January 2020, Boris Johnson’s Government announced plans to introduce the new ‘Global Talent visa’, which will come in to effect from January 2021. This visa category will replace the existing Tier 1 (Exceptional Talent) route and is designed to attract talented and…
Lisbon and Porto no longer Golden Visa destination in Portugal
On 27th January 2020 leader of the Socialist bench looked at moving the investment for Lisbon and Porto out in to less developed regions such as Madeira and Azores. The Portuguese parliament has now officially approved the proposal of terminating the golden…