Latest / IMI Podcasts / This Week in IM - Sep 11: ๐ฌ๐ง Wealth Tax Could Trigger Mass Exodus, ๐ฎ๐ช IIP Sets Approval Records, ๐ How CBI Due Diligence Really Works, ++
Transcript
- 0:00SPEAKER_00: You're listening to IMI this week.
- 0:04SPEAKER_00: RCB iDiligence has evolved into a rigorous multi-stage process, says IMI Pro David Lesperance.
- 0:11SPEAKER_00: Recalling past failures, he stresses that even one bad apple can cost an entire country visa-free access.
- 0:18SPEAKER_00: IMI Pro Patrick Peters outlines the private sector's role in initial screenings, and that Caribbean CBI due diligence now leads the industry.
- 0:28SPEAKER_00: The experts agree that applicants succeed fastest when they provide comprehensive documentation and disclosure.
- 0:35SPEAKER_00: Alatin Kielich explains that while statistics inform, only stories persuade.
- 0:41SPEAKER_00: He shows that investors' true concerns go beyond data.
- 0:44SPEAKER_00: They want to know if their families will adapt, if they will feel safe, and if opportunity will follow them abroad.
- 0:50SPEAKER_00: To earn trust, Keelich urges the industry to cultivate storytelling carefully as it collects fees and data.
- 0:58SPEAKER_00: Ireland's Immigrant Investor Programme, officially closed in February 2023, set a new approval record in 2024 with 538 successful applications.
- 1:10SPEAKER_00: The government revealed that despite the backlog of 3,127 cases, processing rates doubled from 2023 and confirmed that around 1,600 applications remain under review.
- 1:23SPEAKER_00: Dublin lawyer Jonathan Cosgrove won a high court injunction in April 2025, calling the government's suspension draconian.
- 1:32SPEAKER_00: IMI Official Partner.
- 1:35SPEAKER_00: Arton Capitol's survey of 1,09 British millionaires revealed 53% would consider leaving the UK if a wealth tax is introduced.
- 1:44SPEAKER_00: CEO Armin Arton stressed that the Labour government must balance revenue generation with retention of contributing high net worth individuals.
- 1:52SPEAKER_00: 83% show interest in RCBI options abroad.
- 1:56SPEAKER_00: The US, Canada, and Australia lead preferred destinations.
- 2:01SPEAKER_00: Thanks for joining us today on IMI Podcasts.
- 2:05SPEAKER_00: Subscribe for free to the IMI Daily Newsletter for breaking news and updates from the investment migration industry, and consider upgrading your membership to IMI Pro to get access to our exclusive professional community, industry events, data, and members only content.