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                By Patrick Peters CEO, ClientReferrals.com Ltd   As an immigration professional or applicant, if you have ever dealt with the Caribbean  Citizenship by Investment Programs (CIPs), you have most likely experienced delays in transferring funds to these countries.   The root cause of these wire transfer delays in smaller economies is “de-risking”, which is defined by the US Department of State as “the phenomenon of financial institutions terminating or restricting business relationships with clients or categories of clients to avoid, rather than manage, risk.”    Simply put, the risk of being inadvertently involved in...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2021

              By Patrick McCarthy     Since October 31, 2019, investors have not been able to apply for the Canadian Province of Quebec’s popular Immigrant Investor Program (QIIP).  When that intake period closed, the Province indicated that they wanted a chance to review the program and ensure that it was continuing to meet the Province’s immigration objectives.   Earlier this year, that suspension was extended to a maximum of April 1, 2023.  This date, the Province promised, was a maximum.  In a meeting with industry stakeholders on March 30, senior government officials explained that...

IMMIGRATION BY INVESTMENT SPONSORED CONTENT 2021

          By GetNews   On 1st January 2021, Venture Alliance Investment Fund (L) Berhad (“VAI” or “The Fund”) had announced the launch of an offshore private equity fund – VAI Fund, offered only to professional investors. VAI is incorporated as a Private Fund in Labuan International Business and Financial Center (“Labuan IBFC”). Labuan IBFC is regulated by the Labuan Financial Services Authority (“Labuan FSA”).   With the launch of the VAI, we’re bringing unique opportunities to the market that give investors exposure to companies with pioneering technologies and innovative business models which we identified as undervalued and mispriced,” said Elven...

FUNDS & FUNDS SERVICES NEWS 2021

The European Commission has taken further steps in its infringement procedure against Malta’s ‘golden passports’ scheme, warning the country that Malta is failing to fulfil its obligations towards the EU treaties with its citizenship programme.   Last year, Malta phased out the controversial IIP scheme and replaced it with a new scheme that the government says focuses more on residency and can lead to citizenship.   But the European Commission had launched infringement proceedings and asked Malta to provide a detailed explanation.   The government had replied to the EC last year, telling it that Malta would not cede on...

IMMIGRATION BY INVESTMENT NEWS 2021

          By Gary Tom Although a bleak economic outlook is not usually accompanied by a booming house market, this is exactly what the U.S. has experienced during the global pandemic – arguably the least likely time for soaring demand for new homes. Yet fuelled by low inventory, among other factors, the evidence is compelling. Even the recent backdrop of emerging concerns in recent months about “an overheated market” hasn’t derailed the momentum.  For example, annual home price gains hit a record high in June, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Considered...

OUTBOUND INVESTMENT SPONSORED CONTENT 2021

By Michael Wolf Chinese mainland's immigration history has more than 30 years, in the past time, the Chinese mainland has been the world's largest immigration exporter, currently all the popular in the market immigration projects in China, many projects, Portugal golden residence visa 5.6 billion euros worldwide, and contributed 5.6 billion euros is Chinese mainland once promote Portuguese gold visa nearly 300 channel institutions, the gold residence became the highest investment immigration project after EB5. In 2020, a COVID-19 outbreak completely disrupted the entire investment immigration industry ecosystem. Most CBI/RBI projects have substantial market share, Despite security issues and travel...

IMMIGRATION BY INVESTMENT SPONSORED CONTENT 2021

By Sanchari Ghosh   Indian Mutual Funds that invest in China and the Greater China region have been vastly affected due to the recent volatility in Chinese stock markets. Panic selling among investors has resulted in a sharp fall in NAV for such funds.   The sell-offs were led by regulatory actions against the country's tech giants and more recently, a crackdown on Chinese private education companies.   However, Edelweiss MF, which runs the largest China-linked fund in India, says that the 'short term volatility has opened long-term valuation opportunities'.   In fact, the fund house suggests that "investors who have...

FUNDS & FUNDS SERVICES NEWS 2021

  Find out how China Offshore can introduce you to new intermediaries for your project or services.       By Bruce Zagaris   As the G7 meetings concluded in Cornwall, England, one outcome was an agreement on a global minimum tax. This initiative will further squeeze the Caribbean just as it is struggling to recover from the harm the COVID-19 pandemic wreaked on tourism, the region’s main economic sector.   May 20, 2021, represented somewhat of a turning point in this regard. The United States Department of the Treasury proposed a 15 percent rate as a starting point for the Organization of Economic...

CORPORATE & FIDUCIARY NEWS 2021