Latest / IMI Podcasts / This Week in IM - Jul 3: 🇯🇴 Overhauls CIP with New Options, 🇬🇮 to Join Schengen Zone, 🇹🇭 Reduces Elite Visa Fees, ++

Transcript

This Week in IM - Jul 3: 🇯🇴 Overhauls CIP with New Options, 🇬🇮 to Join Schengen Zone, 🇹🇭 Reduces Elite Visa Fees, ++ · IMI Podcasts

• 0:00
  SPEAKER_00: You're listening to IMI This Week.
• 0:03
  SPEAKER_00: Luke Lu provides an in-depth look at a rising trend among China's wealthy, abandoning first-tier city hookus, once considered symbols of status and success.
• 0:15
  SPEAKER_00: As China tightens global income tax enforcement and lowers reporting thresholds, high net worth individuals are increasingly motivated to restructure their residency and financial footprints.
• 0:27
  SPEAKER_00: The shift is also evident in capital flight trends, with over$650 billion Hong Kong dollars flowing into Hong Kong's stock market in early 2025.
• 0:38
  SPEAKER_00: Afshin Sar Hongpur, Director of Canada at Beyond Residence and Citizenship, shares his investment migration journey since 1998 in IMI's 10 on the weekend feature.
• 0:50
  SPEAKER_00: Sar Hangpur highlights his dedication to expanding his business beyond the Middle East while navigating the challenges presented by the Iran-Israel conflict, which has impacted his clients significantly.
• 1:04
  SPEAKER_00: Far from simply selling green cards, USCIS authorized EB5 regional centers handle everything from project sourcing and compliance to international capital raising and investor support, notes Christina Tobacco.
• 1:19
  SPEAKER_00: Their teams structure deals, navigate complex laws, and track every financial movement.
• 1:26
  SPEAKER_00: Business development professionals build global networks, particularly in markets like China, India, and Vietnam.
• 1:34
  SPEAKER_00: The Thailand Elite Visa Program has introduced a summer promotion from July 1st to September 30, 2025, offering deep discounts on dependent fees.
• 1:45
  SPEAKER_00: Bastion Trellcat of Harvey Law Group explained that the reduced fees support the government's Grand Tourism and Sport Year 2025 and aim to attract family-based applicants.
• 1:56
  SPEAKER_00: Trellcat also highlights upcoming tax reforms that will exempt foreign-sourced income for two years.
• 2:03
  SPEAKER_00: The United Kingdom and the European Union have reached a landmark agreement, allowing Gibraltar to join the Schengen area.
• 2:10
  SPEAKER_00: After four years of negotiations, the treaty restores free movement between Gibraltar and Schengen countries while maintaining Gibraltar's British sovereignty.
• 2:19
  SPEAKER_00: Offering new opportunities for investors interested in residency, Gibraltar retains control over its external borders, with Spanish authorities conducting Schengen checks at the airport and port.
• 2:32
  SPEAKER_00: Jordan has overhauled its citizenship by investment program, replacing its previous three-option structure with eight pathways, including a real estate option, while capping annual approvals at 500.
• 2:44
  SPEAKER_00: Existing investors can retroactively qualify under the new rules as well, potentially benefiting thousands.
• 2:51
  SPEAKER_00: Fahed Al-Shumari of Reach Immigration and Tariq Hijazi from the Arab Businessmen's Union supported the removal of passive investment options and noted both the promise and risks of the new routes.
• 3:05
  SPEAKER_00: Thanks for joining us today on IMI Podcasts.
• 3:08
  SPEAKER_00: Subscribe for free to the IMI Daily Newsletter for breaking news and updates from the investment migration industry.
• 3:15
  SPEAKER_00: And consider upgrading your membership to IMI Pro to get access to our exclusive professional community, industry events, data, and members only content.