As google co-founder Larry Page acquires New Zealand residency, we find out why increasing numbers of billionaires are investing in the country and what residency and citizenship options the country offers to ultra high net worth individuals.
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.
In a bid to combat the economic impact of the pandemic, Slovenia announces it is considering a proposal to launch a citizenship or residence by investment programme for 2021, making it the latest Balkan country to do so.
Global editors of National Geographic Travel have announced the 25 destinations they consider to be on the rise for 2021 across five areas, including Adventure, Culture and History, Nature, Family and Sustainability, with the Caribbean island of Dominica (aka the 'nature isle') selected for its adventure tourism that has simultaneously helped to fuel its climate resiliency.
With the aim of strengthening the Russian economy and creating new jobs, Russia’s Economic Development Ministry has put forward a draft bill for a residency by investment programme, which would allow foreigners to invest in the country via various routes in exchange for permanent residency.
In order to attract more foreign investment, the Italian government has implemented changes to its residency by investment (RBI) programme to make it both more attractive and competitive, including slashing some of its minimum investment thresholds by half, and opening it up to third-world country nationals.
The Caribbean island of Antigua & Barbuda, which runs a successful citizenship by investment programme that includes the option of investment in eco-friendly resorts, has been named 2021’s Emerging Sustainable Destination of the Year in global travel authority Lonely Planet’s Best in Travel Awards 2021.
If St Vincent and the Grenadines' opposition NDP party were to win in the forthcoming election on November 5, it could mean the unveiling of yet another - the sixth - Caribbean-based Citizenship by Investment programme.
Ranked as the fourth happiest country in the world, remote South Pacific island Vanuatu combines high levels of wellbeing with a low carbon footprint and a culture of inclusion, and it’s one of the last places on Earth with no confirmed Covid cases. And for just US$130,000, foreigners can become citizens in just 45 days. So why wouldn't you?
While applications for Dominica’s Citizenship by Investment programme have slowed during Covid, there's been no slowdown in the construction of the island's CBI-approved developments – eco resorts and hotels – all of which have continued construction at pace despite the pandemic.