News

  • The First Law of a Plan B
    In the summer of 1687, after years of study and reflection, the legendary English scientist Isaac Newton published one of the most important works in the history of the world. He called it Philosophiae Naturalis Principia Mathematica, and the insights Newton wrote about shaped the very world we live in today. Literally *nothing* in modern engineering, from iPhones to skyscrapers, would exist today without Newton and his three-volume treatise. Among the many game-changing concepts he… Read more
  • A Leap Forward on Cross-Border Payments
    By Tobias Adrian and Kristalina Georgieva When paying for coffee, we swipe, tap, wave, and soon may wink—a quick and painless exchange of coffee for money. But when paying for imports or sending remittances, we often fill-out forms, wait for days, and pay—too much. Progress to improve cross-border payments has been slow, but is just about to take off. That is how history evolves—one small step at a time, until it suddenly leaps forward. The… Read more
  • Building an Inclusive Recovery in the Middle East and Central Asia
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    By Jihad Azour and Joyce Wong  عربي, Français, Русский  Countries in the Middle East and Central Asia face with COVID-19 a public health emergency unlike any seen in our lifetime, along with an unprecedented economic downturn. The pandemic is exacerbating existing economic and social challenges, calling for urgent action to mitigate the threat of long-term damage to incomes and growth. As analyzed in our new Regional Economic Outlook, while the region responded resolutely and swiftly… Read more
  • The Two Chief Vulnerabilities of Cyprus’ CIP: One Easily Fixed, The Other Intractable
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    Steven M. PepaCyprus  Conceptually, the objectives of the Cypriot citizenship-by-investment (CBI) program are admirable; use the FDI from those seeking second citizenship solutions to generate national economic growth. The idea is quite normal and appropriate. Canada was at the forefront of this model, which began during the years leading up to the handover of Hong Kong. Today, many countries (including most EU member states) employ such solutions to varying degrees. Cyprus’ problem, however, has historically… Read more
  • Travel Bubbles: Are We Rebuilding International Travel From the Ground Up?
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    Due ProcessWith Michael Krakat Legal Scholar Michael B. Krakat observes investment migration through the lens of international, constitutional, and administrative law. The trans-Tasman travel bubble is coming along now; the first international tourists to Australia in six months will touch down today (October 16th), with three flights from New Zealand arriving as part of the new trans-Tasman travel bubble. People who have spent the past 14-days in New Zealand are now – as of Friday,… Read more
  • “There Have Been Many Attempts to Eliminate [UK Tier 1] Route” – 10 on The Weekend: Farzin Yazdi
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    Ten On The Weekend is a weekly feature in IMI, the concept of which is simple: Each weekend, we ask the same ten questions of a different industry figure, letting readers get to know the interviewee on a more personal and informal level than they might in an ordinary business setting. Our guest this weekend is Farzin Yazdi of Shard Capital. How do you spend your weekends?As a father with a young family, I put my… Read more
  • Twitter Mob forces dictionary to change definitions
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Dictionary changes definition of “preference” for Twitter mob For a long time, the terms “sexual orientation” and “sexual preference” have been used interchangeably without controversy. That all changed in an instant when Judge Amy Coney Barrett said “sexual preference”… Read more
  • Vietnam Seeks to Prevent Participation in CBI Programs by Banning Int’l Property Investment
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    Christian NesheimEditor  Vietnam’s Ministry of Planning and Investment this week issued a draft decree that, if approved, would ban individuals from investing in overseas real estate, reports the Phnom Penh Post. The regulation is specifically aimed at preventing Vietnamese nationals from acquiring foreign citizenship through real-estate investment, indicated the Ministry. Reacting to the news, Nguyen Van Toan, Deputy Chairman of the Vietnamese Association of Foreign-Invested Enterprises (VAFIE), said a number of cases had surfaced in… Read more
  • The first time we went to see the Germans. . .
    [Editor’s note: This letter was written by our Sovereign Woman—Viktorija.] I was probably six or seven years old when my mother first put that idiotic pink bow in my hair. She had me dressed up like a little doll, in my nicest shoes and dress, all because we were going to see ‘the Germans’. I didn’t understand what this meant when I was a little girl. But now I know– we were crossing the borders… Read more
  • Property based citizenship and residency programs
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    There are over 20 countries in the world offer an easy path to citizenship through property investment either directly or indirectly (residency). The bigger the investment amount, the easier becomes getting citizenship. Caribbean nations grant fast track citizenship and passport against property investment. Montenegro offers citizenship  in Europe within 3 months, whereas Portugal, Spain or Greece, they require you to buy a property plus you must also live there for over 5 years, to naturalize… Read more
  • Helping Governments Design RCBI Programs: The 6 Recurring Problems
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    Tajick’s Take With Stephane Tajick A seasoned researcher on RCBI, Stephane Tajick analyzes global shifts in the investment migration industry. Every time the world economy faces some kind of crisis, governments scramble to search for beneficial economic policies. Since the onset of the pandemic, I’ve has been approached to consult on investment migration policies for more than half-a-dozen countries. This level of activity is not surprising and is reminiscent of the years following the Eurozone… Read more
  • Antifa is real. It’s violent. And you need to plan for it.
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    American diplomat George Messersmith found himself in an awkward situation while attending a luncheon in Kiel, Germany in August of 1933. As lunch came to a close, the attendees erupted into song with arms outstretched in the Nazi salute. First they belted out Germany’s national anthem, followed by the anthem of the Stormtroopers– the paramilitary ”Brownshirts” who violently enforced Germany’s new social rules. Messersmith was the US Consul-General overseeing America’s diplomatic ties with Germany, so… Read more
  • The Many Parallels of CBI and Maritime Flags of Convenience
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    Due ProcessWith Michael Krakat Legal Scholar Michael B. Krakat observes investment migration through the lens of international, constitutional, and administrative law. Water always finds a way. The same is true for people and commerce. The ancient human urge to migrate or to conduct trade across borders follow the rules of water and path of least resistance. Citizenship by Investment (‘CBI’) programs and their counterparts, the discretionary provisions of some states (Citizenship by Discretion, ‘CBD’), claim… Read more
  • L’ecuyer: Suspending Cyprus CIP is “Right Thing to Do” – Expect Re-Launch in “Near Future,” Says Program Expert
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    Christian NesheimEditor  Fewer than 48 hours have elapsed since Al Jazeera issued a scathing undercover video report in which prominent Cypriot politicians, developers, and lawyers appeared open to bending rules and calling in favors to help a fictitious, money-laundry-convicted Chinese investor qualify for the island’s citizenship by investment program. The fallout is already extensive and tangible. Cabinet has officially suspended the Cyprus CIP indefinitely. MP Christos Giovanis (alternatively transliterated as Tziovannis) tendered his resignation both… Read more
  • Fiscal Policy for an Unprecedented Crisis
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    By Vitor Gaspar, Paulo Medas, John Ralyea, and Elif Ture عربي, 中文, Español, Français, 日本語, Português, Русский  The COVID-19 crisis has devastated people’s lives, jobs, and businesses. Governments have taken forceful measures to cushion the blow, totaling a staggering $12 trillion globally. These lifelines have saved lives and livelihoods. But they are costly and, together with sharp falls in tax revenues owing to the recession, they have pushed global public debt to an all-time high… Read more
  • A Bridge to Economic Recovery: Be Aware of Financial Stability Risks
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    By Tobias Adrian عربي, 中文, Español, Français, 日本語, Português, Русский  Despite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential headwinds to the recovery. Extraordinary policy measures have stabilized markets, boosted investors’ sentiment, and maintained the flow of credit to the global… Read more
  • A Long, Uneven and Uncertain Ascent
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    By Gita Gopinath عربي, 中文, Español, Français, 日本語, Português, Русский  The COVID-19 pandemic continues to spread with over 1 million lives tragically lost so far. Living with the novel coronavirus has been a challenge like no other, but the world is adapting. As a result of eased lockdowns and the rapid deployment of policy support at an unprecedented scale by central banks and governments around the world, the global economy is coming back from the depths of its… Read more
  • BREAKING: Cyprus to Terminate Citizenship by Investment Program on Nov 1st
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    Christian NesheimEditor  Cypriot authorities announced earlier today that they would terminate the country’s very popular and highly successful citizenship by investment program following a video report published yesterday by Al Jazeera in which House President Syllouris, Akel MP Christakis Giovanis, and several others appear to have indicated their willingness to assist a Chinese businessman with a clearly questionable profile. <iframe width="100%" class="ikn-evt-iframe" srcdoc=" *{padding:0;margin:0;overflow:hidden}html,body{height:100%}.ikn-evt-container{position:relative;padding-bottom:56.25%;height:0}.ikn-evt-container iframe{position:absolute;top:0;left:0;width:100%;height:100%}.ikn-evt-frame{display:block;position:relative;padding-bottom:56.23%;height:0;overflow:hidden;max-width:100%;background:#000}.ikn-evt-frame img.ikn-evt-thumbnail{bottom:0;display:block;left:0;margin:auto;max-width:100%;width:100%;position:absolute;right:0;top:0;border:none;height:auto;cursor:pointer;-webkit-transition:.4s all;-moz-transition:.4s all;transition:.4s all}.ikn-evt-frame[data-source=youtube] img.ikn-evt-thumbnail{top:-63px;bottom:-63px}.ikn-evt-frame:hover img.ikn-evt-thumbnail{-webkit-filter:brightness(75%)}.ikn-evt-frame .ikn-evt-play-button{height:20%;width:13%;left:44%;top:42%;position:absolute;cursor:pointer;z-index:1;background-size:contain!important}.ikn-evt-frame .ikn-evt-heading{width:100%;position:absolute;top:0;background:rgba(0,0,0,.5);left:0;padding:.7em;box-sizing:border-box}.ikn-evt-frame .ikn-evt-heading .ikn-evt-heading-title{font-weight:bold;font-size:1.5em;color:#fff;line-height:30px;margin:0;cursor:pointer}.ikn-evt-frame[data-source=youtube]… Read more
  • When ancient Greece experienced their own ‘2020’…
    For the powerful city-state of Athens in ancient Greece, the year 430 BC was one of the most tumultuous and dramatic in its history. Prior to 430 BC, Athens had been at the pinnacle of stability and power for decades. But in the course of that single year, the city was invaded by Sparta at the outbreak of the Peloponnesian War; Athenian officials essentially impeached their leader, Pericles, and put him on trial; and a… Read more
  • Australia to Double Its Investor Visa Quota as Part of Economic Recovery Plan
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    Christian NesheimEditor  Australia’s perennially oversubscribed Business Innovation and Investment Program (BIIP) will see the number of visas it is allocated rise from the current 7,260 to 13,500, a near-doubling, according to a statement from Acting Minister for Immigration, Alan Tudge. “A carefully managed Migration Program is an important part of Australia’s economic recovery and will create jobs and bring high-value investment to help Australia rebound from COVID-19,” Tudge wrote, and also indicated the terms under… Read more
  • The Passport’s Future: Is The Physical Travel Document on Its Way Out?
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    Nicola MangionMalta  It has evolved from a piece of paper with a written physical description to a standardised document containing increasingly more information about its holder. The passport has a long and fascinating history. As the move towards further digitisation of identifying documentation occurs, it is interesting to look at its future and technology’s role in its evolution.  Migration towards the further use of electronic passports began in 2005, with more than 150 countries having… Read more
  • Capitalists should be “lined up against the wall and shot”
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Former Twitter CEO says capitalists will be the first to be shot in the revolution The CEO of the digital currency exchange Coinbase recently banned politics at work, and he offered generous severance packages to anyone who didn’t like… Read more
  • Don’t ignore the world we’re living in. Plan for it.
    One of the unique benefits of living in Puerto Rico is that it’s usually not too difficult to talk people into coming down here. It must be something about the beaches and warm, sunny weather… because whenever there’s a face-to-face meeting that needs to take place, people often tell me, “I’ll come down and see you in Puerto Rico.” It suits me just fine. And that’s why one of my attorneys flew down here yesterday… Read more
  • COVID’s Impact in Real Time: Finding Balance Amid the Crisis
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    By Francesco Grigoli and Damiano Sandri عربي, 中文, Español, Français, 日本語, Português, Русский  One enduring lesson from the COVID-19 pandemic is that any lasting economic recovery will depend on resolving the health crisis. Our research in the latest World Economic Outlook shows that government lockdowns—while succeeding in their intended goal of lowering infections—contributed considerably to the recession and had disproportional effects on vulnerable groups, such as women and young people. But the recession was also largely driven… Read more
  • Where to get cheapest citizenship by investment?
    Saint Lucia has the cheapest CBI program in the world through the donation route.  The total costs for a CBI depend on number of factors such as how many people apply as a family, age of applicants, due diligence fee, application fee and passport fee. Prices increase the more you add family members. We will compare the six most popular cheapest citizenship by investment programs below One person In this scenario, only one person applies… Read more
  • Finding the Right Policy Mix to Safeguard our Climate
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    By IMF Staff عربي, 中文, Español, Français, 日本語, Português, Русский  Unaddressed, climate change will entail a potentially catastrophic human and economic toll, but it’s not too late to change course. Global temperatures have increased by about 1°C since the pre-industrial era because of heat-trapping green-house gases accumulating in the atmosphere. Unless strong action is taken to curb emissions of these gases, global temperatures could increase by an additional 2–5°C by the end of this century. Keeping temperatures… Read more
  • Escape to distant, exotic lands… like Canada?
    Last Tuesday night, around 10:30pm the Google search term, “How to apply for Canadian citizenship,” spiked. Other popular searches that night included “how to move to Canada” or simply, “move to Canada.” This was in response to two men in their 70s childishly bickering at each other for an hour and a half, televised live across the world. For people in the United States, Canada always seems to be the first place that comes to… Read more
  • Europe’s Covid refugees are heading to this gorgeous island
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    [Editor’s Note: This letter was written by our Sovereign Woman, Viktorija] Mallorca is hands down one of the most beautiful places I’ve ever been in my life; this entire island feels like something out of a movie. Everywhere I’ve been here, I’ve had to constantly stop and take photos; the views only seemed to grow more and more impressive. Whatever heart-warming fairy tale you read as a child, it could have probably been set here… Read more
  • Public Investment for the Recovery
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    By Vitor Gaspar, Paolo Mauro, Catherine Pattillo, and Raphael Espinoza عربي, 中文, Español, Français, 日本語, Português, Русский   Governments around the world are taking extraordinary measures to respond to the COVID-19 crisis. While maintaining the focus on addressing the health emergency and providing lifelines for households and businesses, governments need to prepare economies for the transition to the post-COVID-19 world—including by helping people get back to work. Public investment has a central role to play. Our new… Read more
  • Top Citizenship By Investment Programs 2020
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    Citizenship-by investment programs attract a number of high net worth individuals in developing nations, looking to add a second passport  in their investment portfolio. A second passport provides a greater mobility along with visa free travel freedom. The CBI passport market has turned into a $5 billion industry annually. Joachim Stern (2011) coined the term jus pecuniae for acquisition of citizenship through financial contributions and to describe the bureaucratic fees for citizenship applications. St Kitts introduced the first citizenship… Read more
  • Do you enjoy Beethoven? You must hate women, minorities, poor…
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Beethoven is a symbol of “exclusion and elitism” The woke mob is attempting to cancel one of the most famous pieces of music in history– Beethoven’s Fifth Symphony. Their aim? To thwart “wealthy white men who embraced Beethoven and… Read more
  • Finally. Proof that precious metals prices have been manipulated…
    Some time in the mid 3rd century BC, King Hieron of the ancient Greek city-state of Syracuse (in modern day Sicily) ordered a local goldsmith to forge a new, beautiful, golden crown. But when Hieron was presented with the crown, it didn’t feel quite right. The King suspected that the smith had put some of the gold in his pocket, and instead fashioned most of the crown out of lesser metals. But this was just… Read more
  • Reform of the International Debt Architecture is Urgently Needed
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    By Kristalina Georgieva, Ceyla Pazarbasioglu, and Rhoda Weeks-Brown عربي, 中文, Español, Français, 日本語, Português, Русский  The COVID-19 pandemic has pushed debt levels to new heights. Compared to end-2019, average 2021 debt ratios are projected to rise by 20 percent of GDP in advanced economies, 10 percent of GDP in emerging market economies, and about 7 percent in low-income-countries. These increases come on top of debt levels that were already historically high. While many advanced economies still… Read more
  • Monetary Policy for all? Inequality and the Conduct of Monetary Policy
    By Niels-Jakob Hansen, Alessandro Lin, and Rui C. Mano Inequality in both advanced economies and emerging markets has been on the rise in recent decades. The COVID-19 pandemic has exacerbated and raised awareness of disparities between the rich and poor. Fiscal policies and structural reforms are long known to be powerful mitigators of inequality. But what role can the central bank play? In new IMF staff research, we find a case for central bankers to… Read more
  • Are you ready for that Second Passport yet?
    Pick your metaphor: Train wreck. Abortion. Cage match. Temper Tantrum. Shit show. I imagine there were countless people last night staring at their TVs in disbelief, sorely dismayed that the most advanced democracy in the world couldn’t offer a civil discourse. The media wept after last night’s debate, bemoaning the the lack of dignity in today’s political process. But perhaps it’s for the better. Perhaps its time people finally realized that there is no dignity… Read more
  • What I heard from Stephen Hawking’s daughter last week
    [Editor’s note: This letter was written by our Sovereign Woman—Viktorija.] There’s something about our home towns… We either have fond memories about where we grew up, or we never want to go back. I grew up in a small village outside the capital city of Lithuania. So you can probably guess that I am in the second category: I couldn’t get out of there fast enough. Lithuania is a tiny country that, when I was… Read more
  • World War II memorial cancelled for being too white
    Just when you think it couldn’t get more bizarre… we give you this week’s absurdity. Mural dedicated to WWII Vets cancelled for being too white 70 years ago, a decorated Veteran from World War II painted a mural on the campus of the University of Rhode Island to honor the fallen who lost their lives in the war. The 95 year old artist is still alive today, to see his artwork being cancelled. Students complained… Read more
  • Panama is still an obvious escape hatch
    At the turn of the 20th century, the United States had recently become the largest economy in the world… and it was showing. The US had just vanquished Spain in the Spanish-American War, resulting in a vast new American colonial empire, stretching from the Philippines to Puerto Rico. And it was just the beginning of American dominance overseas. A few years later in 1903, JP Morgan (as in, the founder of the mega-bank that bears… Read more
  • AOC’s terrorist propaganda video
    “I’m not here to poo poo you,” Congresswoman Alexandria Ocasio-Cortez told 4.8 million followers on a live Instagram broadcast over the weekend. “I’m not here to say you’re wrong. Or that you’re a bad person. . . I’m not here to shame you.” She was talking, of course, to people who aren’t particularly fired up about voting for Joe Biden. But to AOC, not voting for Biden is the worst possible sin. And despite promising… Read more
  • Our Sovereign Woman explores Turkey’s Citizenship by Investment program
    [Editor’s note: This letter was written by Viktorija, our Sovereign Woman] If Simon were writing this letter, I have no doubt he would start off telling you a wonderful tale dating back thousands of years to Turkey’s ancient history… probably something about the Trojan War. I’ve always been a fan of Simon’s historical stories. But I don’t have his command of the humanities. So I’ll start off today’s letter telling you about traffic… something I’m… Read more
  • When government incompetence and overreach turns deadly
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty and risks to your prosperity. Today, we are starting with some stories that are not amusing, but simply tragic. Unborn baby dies due to absurd Covid lockdown rules This one highlights the sad reality of crushing people’s basic rights. An Australian woman was in childbirth a few weeks ago… Read more
  • While I was sitting in the ER, I thought of these three other countries with great healthcare
    Around 2:30am a few days ago when I was deep asleep, my significant other suddenly shook me awake and asked me to take her to the emergency room. She told me she was having trouble breathing and her heart was racing, so we immediately hopped in the car and raced to a nearby urgent care clinic. Fortunately it all turned out fine. But it was my first experience seeing the Puerto Rico medical system up… Read more
  • California’s governor makes ominous prediction for America
    California’s governor made a rather ominous prediction this weekend when he told an interviewer that “California is America. . . fast forward.” He was talking specifically about the wildfires that have ravaged his state– a warning that the natural disasters will soon plague the rest of the country too, thanks to climate change. But his comment should really be taken more broadly… because California really is a snapshot of America in the near future. Just… Read more
  • Surprise! Politicians aren’t following their own COVID rules…
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Philadelphia Mayor caught dining indoors despite his own ban In March, the Mayor of Philadelphia banned indoor dining throughout the entire city, because of COVID. The ban was still in effect last week when the Mayor was caught dining… Read more
  • The new puritans are on the prowl
    In the spring of 1692, Giles Corey was 80 years old when his wife was accused of witchcraft. The entire town was in such a frenzy that even Giles started to believe that his wife might be a witch. Soon after, another person in the town was accused of witchcraft. Then another. And another. And another. It wasn’t until Giles Corey himself was accused of being a wizard that he realized the whole thing was… Read more
  • I met expats overseas who are absolutely thriving
    [Editor’s note: This letter was written by our Sovereign Woman—Viktorija.] Just like Simon, I’m probably one of the world’s worst tourists. When I travel somewhere, I prefer to experience real life in the country or city that I’m visiting. So my schedule is usually full of meetings and networking with local entrepreneurs, attorneys, bankers, and foreign expats, trying to get a feel for the place. And after a great trip to Dubai last month, I’m… Read more
  • Digest: Vanuatu breaks financial records receiving more than 100 CBI applications per month / Abysmal record: number of Americans that renounced the US citizenship has soared / Malta: reasons behind refusal to grant citizenship by investment will not be made public
    We continue to feature current developments in immigration in the span of one week! Today we will discuss the ranking of the most profitable citizenship-by-investment programs, new financial achievements of Vanuatu, the slump in the UK golden visas, and reasons behind renunciation of US citizenship by Americans. Read more
  • “Zip-a-dee-doo-dah” not inclusive enough for Disney
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Mark Zuckerberg predicts civil unrest in November File this one away under “No sh*t, Sherlock…” In a yet-to-be aired interview with Axios HBO, Mark Zuckerberg states the obvious that, come election night in the Land of the Free, there… Read more
  • I went to Mount Rushmore… before the Bolsheviks cancel it
    After having visited 120+ countries on all seven continents, and dozens of states across the US, it’s a pretty rare event these days that I travel somewhere I’ve never been before. I’m pretty weak in the South Pacific—I’ve never been to Tahiti or Bora Bora… nor central Africa, like the Democratic Republic of Congo. But most of the rest of the world I have covered. One blank spot on my US travel map was South… Read more
  • Digital Nomads will want to know about these two countries
    British Petroleum announced this week that ALL 6,500 employees in its London office will be working from home within the next two years. BP is even going to shut down the office entirely and sell the building. They’re not the only ones. Right now, in fact, only 13% of London office workers are back at the office. And as we’ve been saying, many likely won’t return. When you never have to go to the office… Read more
  • Lessons in Social Justice from the 16th century
    It was a damp evening in the early 1560s when Walter Kapell was marched through a silent crowd in the town square. He had just been convicted of heresy by the Inquisition, and he would only have a few more minutes to live. Kapell was a wealthy man and beloved by the townspeople of his native Diksmuide in modern day Belgium. He reportedly gave much of his wealth away to feed and clothe the poor,… Read more
  • Germany will pay you to do nothing, but force you to walk your dog
    The old joke about the 1990s TV show Seinfeld was that it was a show about nothing. Now it looks like Germany wants to be an economy about nothing. German University paying scholarships to do nothing A German university is looking for people it can pay to do nothing. Literally. They want to pay people to refrain from activities. Anyone can submit proposals on what they pledge to stop doing, for how long, and why. … Read more
  • Digest: The Bahamas is preparing to enter the investment citizenship market / Grenada has threatened unscrupulous investors to revoke citizenship / Family offices target the health insurance market
    Read our digest to learn the latest developments in migration programs. The Bahamas is preparing to enter the investment citizenship market, and Grenada has threatened unscrupulous investors to revoke citizenship; Latvia has amended the rules on residence permits and permanent residency for investors in the settings of quarantine, and Ukraine has reinforced its standing in the Basel AML Index. Read more
  • Sadly, Christopher Nolan never called
    [Editor’s note: This letter was written by our Sovereign Woman—Viktorija.] I grew up in a small village in Lithuania, raised by a single mother. So you can probably imagine my childhood was not one of wealth and luxury. Just like when Simon was growing up, money was always tight and a constant source of stress in my home. But I’m grateful for that struggle because it taught me some very important lessons. I realized at… Read more
  • It’s time to have an honest, rational conversation with your family
    When the captain came on the announcement system yesterday morning to introduce himself to passengers, the first thing he said was, “Ladies and gentlemen, a lot of us have been cooped up and under tremendous stress for the past several months. So the most important thing we can do right now is be kind, patient, and understanding with one another.” It was an interesting way to start off a flight. And I remember thinking to… Read more
  • It’s time to rethink the Hong Kong dollar
    In 221 BC, the 38-year emperor Qin Shi Huang declared total victory against all of his rivals in northern China. Qin’s ancestors had literally spent centuries invading neighboring states and engaging in complex diplomacy in order to unify China into a single empire. And Qin Shi Huang was the first Emperor to rule over the unified China that his ancestors had worked so long to build. Talk about having a long-term view. But instead of… Read more
  • Get ready for your mandatory ‘Morality and Compliance Pill’
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Teachers call Child Services when kids miss online class Teachers are serving as the state’s newest surveillance into your home. The Massachusetts Department of Children and Families issued a fact sheet for teachers outlining when they should call DCF–… Read more
  • Once upon a time in Hollywood. . .
    When Charlie Chaplin first arrived to Los Angeles in December 1913, the city was still a fairly small oil town… just a fraction of the size of San Francisco. LA was so underdeveloped that, as Chaplin wrote in his autobiography, wild coyotes frequently roamed around Hollywood and Beverly Hills. But within a few years the city was booming, and Chaplin had become one of the most famous people in the world. This is obviously in… Read more
  • We were humbled by this feedback from our readers
    CNN almost makes it sound like a James Bond movie. It’s like there’s a tuxedo-clad billionaire straightening his bowtie while boarding his private jet and flying off to his private island… where scantily clad women await him with champagne and caviar. This is the image that CNN conjures when they talk about “the elite world of investment migration.” The ‘worlds’ most trusted news source’ recently posted an article on its website about second citizenships. They… Read more
  • Notes from our Sovereign Woman
    Today’s Notes from the Field are a little bit different. As you’ll notice instead of Bahia, this letter is coming to you from Dubai, UAE. And, is pinned by a Sovereign Woman. Hi, I’m Viktorija, for those who don’t know me yet, I’ve been with Sovereign Man for the majority of its existence, working behind the scenes most of the time. I’ve traveled to about 100 countries around the world, and I am working on… Read more
  • This is one of the single biggest threats to the dollar today
    In late November 1943, as World War II raged in Europe and the Pacific, leaders of the ‘Big Three’ allied nations– the United States, United Kingdom, and Soviet Union, held a key strategy meeting in Tehran. It’s hard to imagine anymore that the United States and Soviet Union were, at least for a time, allies. Many of us grew up in a world where the Cold War dominated, and threat of mutual nuclear annihilation was… Read more
  • Cyprus parliament approves tightening up the citizenship by investment program
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    The authorities will be entitled to withdraw citizenship acquired for investment within 10 years from the date of naturalization. There might be various reasons for that including non-compliance with moral standards. According to the Cyprus Mail, rules of the Cyprus CBI program have been officially amended.  The country’s authorities aim to protect their citizenship by investment program as much as possible from controversy and criticism of the European Union. Potential reasons for revocation of citizenship… Read more
  • New School: Plastic bubbles, 8 year old arrests, and woke math
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. NASA to rename insensitive cosmic objects You may think NASA’s mission is to take humanity to Mars and beyond. But remember, we no longer live in a society which prioritizes actual advancement. Far more important is making sure no… Read more
  • Which EU countries offer Golden visas?
    Golden visas are pure residency schemes, should not be confused with citizenship by investment (Cbi) programs.  A golden visa program is an ideal choice for investors who seek permanent residency and dont want citizenship in initial stages and aim for EU citizenship after some years of patience . If your country does not accept dual citizenship, probably a residency program fits best for you. These are the list of EU countries that offer golden visas… Read more
  • Does anyone else find this ironic?
    Does anyone else find this ironic? In the age of #MeToo and BLM, the most ‘woke’ political party in the Land of the Free has chosen a guy with multiple sexual misconduct allegations as its presidential nominee; and a lady who locked up countless black people (many for victimless crimes) as its vice presidential nominee? These are true statements, of course. Joe Biden was accused of sexual assault a few months ago by a former… Read more
  • Digest: Russian nationals were the biggest buyers of real estate in Montenegro in 2019 / Greece introduces incentives for foreign pensioners / Portugal and the USA top the list of immigration choices by the wealthy from Latin America
    Read our digest to learn the latest developments in respect of migration programs. This week’s topics include: Russian nationals crowd the top of the list of investors under Montenegro Citizenship by Investment program; and whether Malaysia is going to resume its residency by investment program. Read more
  • Our enemies will tremble at the sight of our diversity and inclusion. . .
    Not long ago, the British Army realized that it needed to completely revamp its recruiting campaign. The younger generation simply wasn’t responding to the Army’s previous ‘Be All You Can Be’ style of advertising. So British leadership changed the recruiting message to keep up with the massive cultural shift that has been sweeping the world. Their updated campaign focused on– you guessed it– diversity and inclusion. The Army’s new priority was to show off how… Read more
  • Economic prosperity is no longer the priority. Guess what happens next…
    Recently I held a live Q&A Zoom call with my friend Peter Schiff, and several dozen members of our Total Access group. And towards the end of the call, one of our members asked– what do you think the future looks like for the US, and the West in general? Peter went off into one of his classic tirades about how the US dollar is doomed because of how much money the central bank is… Read more
  • Digest: Ministry of Finance of the Russian Federation denounces the double taxation treaty with Cyprus / Children of residents will be eligible for a Portuguese passport after they reside in the country for one year only
    Read our digest to learn the latest developments in respect of migration programs and more. This week’s topics include: newborn children of residents will be eligible for a Portuguese passport after they reside in the country for one year; the government of Russia intends to denounce the double taxation treaty with Cyprus; and Swiss cantons entice businesses with corporate tax cuts… Read more
  • Ignorance prevails again!
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Yale Study tests the best Covid vaccine propaganda Is guilt, self-interest, or anger the most effective way to convince people to get a Covid vaccine? A Yale study will attempt to answer that question, by studying which message resonates… Read more
  • This second passport comes with free university tuition
    I’ve written a lot in the past that there are two lifelong benefits that parents can provide their children, practically from birth. The first is the gift of a foreign language. Every kid is going to learn his/her parents’ native tongue.  But giving a child constant exposure to a foreign language from a very young age will help them develop an additional native fluency that will last a lifetime. It makes an enormous difference. My… Read more
  • 4 countries welcoming the digital nomads during Covid
    Life has taken an eerie turn for digital nomads as their favorite cities emptied of tourists and foreigners working remotely. Tasha Prados arrived in Vietnam in late February, a few weeks before the country closed its borders. On March 12, she received word that she had 10 days to request an evacuation to the US through her travel insurance. Tasha opted to stay in Vietnam, and rent a house with five other digital nomads. They… Read more
  • Mommy put us in time-out again
    After a few weeks of freedom here in Puerto Rico where people could engage in dangerous, death-defying acts (like going to the gym), our all-knowing, all-powerful governor announced new lockdown rules late last week. Or as I tell my friends, Mommy put us back in time-out. This is not unique to Puerto Rico; several states and countries all over the world are imposing new waves of restrictions due to an uptick in Covid infections. I… Read more
  • Caribbean countries slash prices for CBI passport programs
    Due to Covid19 pandemic, caribbean countries that operate citizenship by investment programs have now announced slashing of prices for mainly families. For families looking to explore second passport opportunities now is best time to apply for citizenship by investment programs in the Caribbean. Most of these offers will only run for a limited time, set to expire by end of 2020. St Kitts and Nevis Family of up to 4 will get reduced price to… Read more
  • Some clear thinking on gold at its all-time high
    For as long as I can remember, I’ve been a fan of Bruce Lee. I was probably about four years old when I first watched one of his movies. And I was instantly hooked. The guy was legendary. As a teenager, I learned more about how he lived, and I began to admire his tenacity, discipline, and relentless pursuit of self-improvement… qualities that I endeavored to attain. I remain a fan to this day. In… Read more
  • You can now be fined, jailed, and assaulted for not wearing a mask
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Governors proclaim chicken wings are not a meal The pandemic has made Governors so power hungry that they are now telling restaurants what counts as a meal. States like California and New York are forcing restaurants and bars to… Read more
  • Digest: Siblings of investors can now be eligible for a passport of Saint Lucia / EU might attack Cyprus’ low-tax system / The world’s wealthiest people are offered VIP rock vaults in the Alps
    Read our digest to learn the latest developments in respect of migration programs and more. This week’s topics include: siblings of investors can now be eligible for a passport of Saint Lucia; the court ordered Swiss UBS Bank to transfer data on 40,000 accounts to law enforcement authorities; VIP rock vaults are being built in the Alps for the world’s wealthiest people to store their riches. Read more
  • And suddenly your passport is worthless
    Imagine being a seventeen year old, travelling internationally, all by yourself. It’s scary, but exciting– all the more so because you have been accepted to Harvard University. You’ve worked your tail off for years, all culminating in this amazing opportunity for an education at one of the top schools in the world. And so, after an exhilarating summer travel adventure around the world, you hop a plane to the US where you’re set to start… Read more
  • Available now: free house with a majestic ocean view
    Yesterday I had the pleasure of hosting one of our Total Access members, and his son, over to my house for lunch. (We did this extremely radical thing where we happily shook hands, and then sat face to face to share a meal and a real, live conversation.) He told me how he had spent the last few weeks here in Puerto Rico to decide if this was a place he could spend more time.… Read more
  • This is bigger than Covid. But few people are paying attention.
    Most people realize that 2020 has thrust two game-changing trends upon us that will change the world for years to come. The first is Covid. In less than six months, this virus has created extreme global hysteria and economic devastation. Countless businesses have gone bust or are teetering on the edge. Tens of millions of jobs have been lost. Government debt around the world has exploded higher. And their heavy-handed abuse of power has been… Read more
  • Motorcyclist dies in crash. Must be COVID.
    Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Art museum curator cancelled for not abandoning “white male artists” Gary Garrels was the Senior Curator of Painting and Sculpture at the San Francisco Museum of Modern Art. After giving a presentation on the importance of diversity in art,… Read more
  • Dominica Has Changed the Investment Threshold for Family Applications under CBI Program
    Authorized agents promoting the citizenship by investment (CBI) program received an official letter from the Dominica Government about certain reduction of contributions and fees for family applications. Read more
  • Portugese residence permit and real estate purchase with Migronis online service
    During the COVID-19 pandemic, Migronis increased remote operations. Our clients can draw up documents and make investment purchases without putting their health and life at risk while remaining in their own country. Even under quarantine and self-isolation! Migronis is already working on a number of online cases. The online process looks like this: Step 1. Contact a Migronis consultant, discuss your personal goals and objectives and select the right solutions for you. Step 2. Gather… Read more
  • Digest: St. Kitts & Nevis has reduced the cost of passports for investments / US threatens foreign students with F-1 and M-1 visas to be deported / Australian tax authorities contacted crypto investors with reminder letters
    Here are the latest developments in respect of migration programs. St. Kitts & Nevis has reduced the minimum contribution for investing families of four; students on F-1 and M-1 visas in US universities could be deported from the country, and if Cyprus and Russia are able to agree on tax treaty with favorable terms. Read more
  • St. Kitts & Nevis reduces the amount of contribution for investors with families under the Citizenship by Investment Program
    The exclusive offer with a competitive rate can be taken advantage of through the remainder of 2020 only. The Government of Saint Kitts and Nevis has significantly reduced amounts of contributions required to secure the country’s economic citizenship. The respective decision was taken due to the coronavirus pandemic. Special conditions are stipulated for families of four that apply for citizenship of the Federation of St Kitts and Nevis from July 03, 2020, onwards.  The Government’s… Read more
  • Malta Golden Visa for €125,000
    Malta has the cheapest golden visa in Europe. We now offer Malta Golden visa for EUR 125,000 (all inclusive costs) through financing option. You can include spouse and two children in the same application. It is very important to remember Malta offers permanent resident (green card) status in the schengen area under this program It is not a real estate investment, instead you pay one time for the permanent residency valid indefinitely in the schengen… Read more
  • Covid-19 forces citizenship by investment go online
    The Coronavirus (Covid-19) pandemic forces all citizenship by investment services go online. Do you know? You can also buy citizenship online without visiting the country. A comfort provided by citizenship by investment programs legally operating in 10 countries. This means you can buy a passport fully online from just the comfort of your home. This shopping idea was the foundations of Citizenship Shop, when launched our online portal in 2016. What changed?   All citizenship… Read more
  • List of Citizenship and Passport Indexes
    How many citizenship and passport indexes are there? A citizenship index measures the strength of citizenship while a passport index measures the strength of passport in terms of travel freedom. A passport is merely a travel document issued to citizens and both citizenship and passport should not be confused with each other. A citizenship on the other hand is a legal bond between citizen and the sovereign state, affords citizen rights, freedom, equality and legal protections… Read more
  • Cyprus first for citizenship by investment in Europe
    Cyprus ranked as the best citizenship by investment program in Europe, taking the first spot among european countries for 2020. The rankings were published after evaluating 30 important factors that were important to clients interests and needs. Cyprus scored top points for Safety and crime rate World class Healthcare and education system and human development. Real estate investment availability EU citizenship and biometric passport Voting rights Travel freedom in terms of visa waivers Lifetime citizenship benefits… Read more
  • Luxembourg Investor Residence by Investment
    Luxembourg is one of the richest countries in the world in the heart of Europe. Luxembourg offers a golden visa scheme known as ‘investor residence’ to foreign investors, who can invest atleast half a million in the country. EU member country: since 1 January 1958 Currency: euro. Euro area member since 1 January 1999 Schengen: Schengen area member since 26 March 1995 Why Luxembourg? Peaceful, stable country in Europe Founding member of EU, OECD, UN and Benelux Luxembourg has… Read more
  • Why Now Is The Perfect Time To Invest In Antigua Real Estate
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      Multiple Caribbean countries offer Citizenship by Investment Programs. The program offered by Antigua and Barbuda however is the best real estate investment opportunity for wealthy families. It is also perfect for those looking to acquire a new passport within a few months so they can travel more freely around the world. Here are some of the many reasons why you should not wait to apply for the Commonwealth’s most luxurious Citizenship by Real Estate Investment… Read more
  • A Growing Economic Class in Canada’s Immigration
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    With today’s global uncertainties, individuals are coming to Canada from everywhere around the world in order to preserve their children’s future, escape their country’s situation and to have peace of mind. As the second largest country in the world, Canada represents a true opportunity for individuals who are looking for an incomparable quality of life, away from present turmoil and uncertainties for themselves and their family. Canada offers access to a second residence in a… Read more
  • Three steps to successfully invest in real estate
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    Real estate has always attracted investors who wished to invest in tangible, solid assets, in a strong geopolitical and economic context. But if you reside in a country where the economy and the geopolitics show regular signs of instability, it might be preferable to consider investing in real estate abroad. This also applies if your neighboring countries are faced with some crisis that could quickly affect you. Indeed, investing in real estate abroad, in a… Read more
  • 5 Myths About Hedge funds
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    Increasingly sought after by high net worth investors, alternative financial products are an excellent way to diversify your portfolio and thus mitigate the risks typically associated with traditional investments. Alternative products include hedge funds, which, depending on their strategy, can offer many benefits, while securing the future of your financial wealth. For many, they remain complex products whose benefits are not sufficiently known. This calls for a little demystification. We debunk 5 myths about Hedge… Read more
  • The Unravelling of the Diplomatic Passport
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    Once considered an ace in the hole for the most influential of travelers, the diplomatic passport has now come under intense scrutiny. Holders of the diplomatic passport are therefore facing the loss of this privilege, and left in search of an alternative. Read more
  • Wealth Preservation: A Multiple Citizenship Strategy
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      In today's turbulent geopolitical environment, it can be hard to find a refuge from economic instability—and when you've been trusted with multigenerational wealth or have worked hard to leave a legacy for your loved ones, the last thing you want to do is put your wealth at risk. For many, multiple passports and foreign real estate investment can be a hedge against uncertainty in your home country. This article is the third in a… Read more
  • How to Protect your wealth in an uncertain economic environment
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      Several factors influence the economic health of a region. Today, the uncertainties that prevail in many countries around the world are often the result of policies that destabilize the economic progress of these countries. Read more
  • Wealth Preservation: Why Geographical Diversification is a Key Strategy
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      Today’s global uncertainties include economic instability, geopolitical conflicts, and sudden spikes and dips in various currencies. These factors can converge to force many international high net worth investors to seek refuge in more reliable investments as a means of securing the future. Asset diversification is no longer sufficient to avoid the sudden spikes and dips that can be inherent in today’s volatile economies--instead, geographical diversification represents an important strategic key. This article is the… Read more
  • Wealth Preservation: An Alternative Investment Strategy
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      Most investment advice tends to be one-size-fits-all. Discussions of finding index funds with low fees and the "right" amount to save for the future can be useful for beginner investors, but don't begin to scratch the surface of your needs when the value of the investments you manage is in the multi-comma range. This blog series focuses on some of the unique and varied ways high net worth investors (HNWIs) can preserve their wealth.… Read more
  • 5 Facts About Alternative Investments for High Net Worth Investors
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      Those who have amassed their wealth by sticking with run-of-the-mill stock and bond offerings may wish for the excitement of innovative new investments. And when volatility seems to be at an all-time high, with news reports often prompting mega equities swings without any change in the market's underlying fundamentals, diving into a smaller pool of more seasoned investors can seem like a wise choice when wealth preservation is your goal. Some alternative forms of… Read more
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