Dubai-based RIF Trust, part of global residency and citizenship by investment advisory firm, the Latitude Group, has expanded its operations to China, with two new offices in Shanghai and Hong Kong, providing Chinese HNWIs with on-the-ground support from December 2020.
This expansion into China comes as part of RIF Trust’s strategic expansion plan and follows the company’s 110% growth in 2020 and the recent doubling of its workforce in Dubai, UAE.
Now open (December 2020), the two offices, in Hong Kong and in Shanghai, will provide local expertise with an international reach, offering individual consultations, application care, events and seminars for HNWIs interested in securing residency or citizenship by investment.
In the past three decades, the investment migration industry has seen continued growth in China with more than 57,000 Chinese spending over US$44 billion for residency by investment, making China the world’s largest market in this industry.
RIF Trust has partnered with China Offshore, a professional network firm that supports an extensive network of professionals in the fields of corporate services, fiduciary services and investment migration by providing them with the latest market analysis and by organising networking events and assisting their clients with remote lead generation.
“We are pleased to announce this expansion,” says RIF Trust’s CEO and vice chairman of Latitude Group, Mimoun Assraoul. “Since 2018, our merger with Latitude has brought us exceptional international growth, and today we expand to the largest investment migration market in the world.”
RIF Trust can help HNWIs gain powerful citizenships and second passports in the Caribbean, including Saint Kitts & Nevis, St. Lucia, Dominica, Grenada and Antigua & Barbuda, in Europe (Malta), and in other countries worldwide, including Turkey, Vanuatu, and Montenegro. In addition, they can help investors to legally obtain residency in countries such as Greece, Spain, Portugal, Canada, Germany, Monaco, New Zealand, the UAE, the UK, Ireland and the US.