Tag: Citizenship by Investment
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The $2 Billion Market For Passports
As migration and inequality continue to get significant attention from US presidential candidates, it is worth noting a rising phenomenon at the intersection of these two topics: economic citizenship. A growing number of countries offer individuals passports in return for investment, and the wealthy have been taking advantage in increasing numbers. In 2014, the global rich spent…
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Elite Lawyers now Selling Caribbean Tax Haven as Havens from Terror, Too
Caribbean nations have long served as tax havens for the world’s economic elite, with many offering so-called economic citizenship where, for large payments, one can simply buy citizenship in their countries. That can save the 1 percent a pretty penny. Overseas tax evasion costs the U.S. government as much as $100 billion each year. But…
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Prime Minister of Dominica Welcomes Property Developers and Promoters to use the Country’s Citizenship by Investment Programme for Development Purposes
HONG KONG, November 10, 2015 /PRNewswire/ — The Honourable Roosevelt Skerrit, Prime Minister of Dominica, said that genuine project developers and promoters are welcome in his country, with his Government ready to give them all the support they need to produce sustainable and worthwhile projects that increase economic activity and create jobs. “We are acutely…