The newest programme on the citizenship by investment block, unveiled just as the pandemic kicked off, Egypt joins Jordan and Turkey in providing an attractive economic immigration option especially to HNWIs in the Middle East.
The government of Jordan has approved amendments to Jordanian citizenship and residency lowering costs and making more family-friendly to appeal to more foreign investors.
Since October 2019, more than 200 investors have obtained Jordanian citizenship via the country’s citizenship by investment programme, bringing US$1.222 billion of investment into the country’s coffers.
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.
Of the nearly 7 million (6.9 million) houses purchased in Turkey in the last five years, 154,871 were bought by foreign investors, demonstrating a rapid increase in foreign property purchase in Turkey in the last year due to the easing of minimum requirements for acquiring Turkish citizenship by investment.
Driven by the rapidly increased demand in the Middle East region for citizenship by investment due to the pandemic, leading Dubai-based CBI advisory group RIF Trust has unveiled the CART Programme, which is aimed at empowering its partners to succeed.
As Dominica once more emerges as the world’s best CBI Programme according to the just-released CBI Index 2020, Dominican Prime Minister Roosevelt Skerrit joined a panel of specialists in a RIF Trust-run webinar to discuss the benefits of citizenship in this Caribbean nation. And CBI Guide was there to report.
Following a significant increase from Middle East HNWIs in Saint Kitts’ citizenship by investment programme during the pandemic, the Caribbean nation is taking renewed steps in cementing its CIP within the GCC region.