Prabhu Balakrishnan

Author: Prabhu Balakrishnan

  • New UK investor visa rules from 29 March 2019

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    New UK investor visa rules from 29 March 2019

    The UK Home Office announced significant changes to the UK Immigration Rules which include updates to both Tier 1 Entrepreneur and Tier 1 Investor visa categories.   The new rules come into effect on 29 March 2019.   The Tier 1 (Graduate Entrepreneur) and Tier 1 (Entrepreneur) categories are being replaced by the new Start-Up…

  • Best Golden Visa Rankings 2019

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    Best Golden Visa Rankings 2019

    The Golden visa schemes today runs in over 20 countries worldwide with US and Canada running the oldest in the world since 1990’s leading from the front.   The golden visa attract some $10 billion annually   We designed a Points based scoring (PBS) model to rank golden visa schemes evaluating 10 most important factors.…

  • Top 10 countries for HNWIs wealth inflows in 2017

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    Top 10 countries for HNWIs wealth inflows in 2017

      Global wealth migration is accelerating. Approximately 95,000 millionaires (HNWIs) migrated in 2017, compared to 82,000 in 2016 and 64,000 in 2015.     The following countries experienced the biggest wealth inflows in 2017.     2017 HNWI inflows Australia 10000 USA 9000 Canada 5000 UAE 5000 Caribbean 3000 Israel 2000 Switzerland 2000 New Zealand…

  • Cyprus Citizenship by Investment increase by €150,000

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    Cyprus Citizenship by Investment increase by €150,000

    Cyprus citizenship by investment to become more expensive as the the government has approved of new changes to the citizenship by investment scheme   The new CIP changes expected to come into effect on May 15, 2019   Price increase Applicants have to donate €150,000 to Cyprus development, along with the €2 million euro minimum investment requirement.…

  • Bulgaria second best citizenship by investment

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    Bulgaria second best citizenship by investment

    Bulgaria secured second place in citizenship by investment CBI passport rankings for 2019. The report takes into account 25 important factors such as safety, economy, due diligence, Human development index, pricing and passport power.     This comes at a time when Bulgaria justice ministry recently announced plans closing of citizenship and golden visa scheme…

  • Malta has the most transparent citizenship by investment scheme

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    Malta has the most transparent citizenship by investment scheme

    Malta has the most transparent citizenship by investment scheme among all the CBI countries.   Malta publishes annual report about Individual Investor Program (IIP) which publishes full details on applications received, due diligence and approved citizenship applications to different nationalities. Malta also publishes names of IIP citizens in gazette every year to public.   In…

  • Top 10 countries in CBI passport rankings 2019

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    Top 10 countries in CBI passport rankings 2019

    Best Citizenships (BC) designed a new ranking model for CBI passports based on Points Based Scoring (PBS) system. Although many indexes exist for ranking CBI passport, many are not exhaustive, or rely on visa free access to rank Citizenship By Investment (CBI) passports.   The ranking model takes into account over 25 factors into our model from…

  • EB-5 is not suspended by shutdown

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    EB-5 is not suspended by shutdown

    USCIS continues to process EB-5 applications and most of its operations are not affected by shutdown or the lapse in federal funding. USCIS offices will remain open, and all individuals should attend interviews and appointments as scheduled.   Please note there is a difference between EB-5 and EB-5 Regional center program. Only regional center program…

  • Golden visa offers full path to Greek citizenship

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    Golden visa offers full path to Greek citizenship

    The New 2018 Amendments to golden visa scheme  offers full path to Greek citizenship and passport.   The decision of the Minister of Interior no. 130181/6353/27.3.2018, published in the Government Gazette 1208/?/2.4.2018, the residence permits of Real Estate Owners and permanent residence permit for Investors have been added to the categories of residence permits that…

  • Quebec IIP application intake period extended for 2019

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    Quebec IIP application intake period extended for 2019

    Canada has extended the application intake period for Quebec immigrant investor scheme (QIIP) by five months previoulsy from March 31, 2019 to Aug 31, 2019.   The maximum number of applications remains the same 1900 for QIIP.   A maximum of 1,235 applications from foreign nationals from the People’s Republic of China, including the administrative regions of Hong…