Latest / IMI Podcasts / This Week in IM - Nov 14: Nauru Launches CIP, Salvadoran CBI Drawing Demand, Greece Adds GV Option, ++
Transcript
- 0:00SPEAKER_00: You're listening to IMI This Week.
- 0:04SPEAKER_00: In this week's installment of 10 on the weekend, IMI Pro Christina Tobacco shares her take on the state of the RCBI industry from her perch in the United States.
- 0:15SPEAKER_00: Because of conflict zones, climate threats, market volatility, and wild elections, we're constantly thinking about who is migrating and why.
- 0:23SPEAKER_00: Learn more about Christina at the link above.
- 0:28SPEAKER_00: Canada has reduced its overall immigration targets for 2025 to 2027 and reformed its startup visa program.
- 0:35SPEAKER_00: But this will not deter committed entrepreneurs and business owners, opines Melissa Godmer.
- 0:41SPEAKER_00: The changes present new opportunities for dedicated foreign nationals who can demonstrate how they will generate substantial benefits for the Canadian economy through business and job creation.
- 0:51SPEAKER_00: The shift towards prioritizing economic immigration shows Canada's commitment to innovation by attracting talented entrepreneurs.
- 1:00SPEAKER_00: Despite the challenges to the EB5 program during Trump's first term, a second Trump presidency offers potential opportunities for both investors and the investment immigration industry.
- 1:12SPEAKER_00: Trump's emphasis on merit-based immigration, deregulation, and pro-business policies could create a more favorable environment, write Mona Shaw and Rebecca Singh, for foreign investors seeking residency in the United States.
- 1:25SPEAKER_00: Additionally, Trump's support for emerging technologies like cryptocurrency could further attract international investment in the U.S.
- 1:34SPEAKER_00: Investment migration people in the news this week included David Lesperance of Lesperance and Associates, Dominic Volek of Henley and Partners, Christopher Willis of Latitude Consultancy, Armand Arton of Arten Capital, Mariam Esadik of Marf4, International Law Firm Yilmaz, Osdamir of Yilmaz Consultancy, Evan Green of Green and Spiegel, Suchitra, Ravi of Sovereign PPG, Ajay Sharma of Abhinav, Immigration Services, Parth, Vaquil of Piyush Gupta of Kenam Enterprises, Varun Singh.
- 2:11SPEAKER_00: Nauru has launched the Nauru Economic and Climate Resilience Citizenship Program, which offers citizenship through direct financial contributions of$140,500, all into the government's Treasury Fund.
- 2:25SPEAKER_00: The program has stringent due diligence requirements and allows successful applicants to obtain a Nauruan passport with visa-free access to 89 destinations.
- 2:35SPEAKER_00: Observed widely throughout the industry as direct competition of Vanuatu's CIP, Nauru has partnered with Henley and partners to design and manage the program.
- 2:46SPEAKER_00: The Greek government plans to expand its golden visa program by introducing a new pathway for foreign investors to obtain residency by investing 250,000 euros in startups registered in the National Register of Startups.
- 2:59SPEAKER_00: This new startup investment option will be added to the existing real estate investment options, contrary to recent media reports suggesting the elimination of the latter.
- 3:08SPEAKER_00: The proposed changes are expected to be approved by the Greek Parliament and implemented by the end of 2025, notes Alexander Varnavas of Varnavas Law.
- 3:19SPEAKER_00: Five years after first joining IMI, Amada Bas takes the helm as editor of our flagship news publication, IMI Daily.
- 3:28SPEAKER_00: Click for comments from our new executive chairman, Christian Henrik Neschheim, and Amada Bas himself, a Jordanian national with a decade of experience in the investment migration industry.
- 3:40SPEAKER_00: El Salvador has launched a citizenship by investment program that requires a$1 million donation, significantly higher than any Caribbean CIP and more aligned with Malta's CIP.
- 3:52SPEAKER_00: However, the program has already attracted some clients.
- 3:56SPEAKER_00: Notes Katie the Russian, typically big supporters of the country's leadership.
- 4:01SPEAKER_00: Catering to crypto investors, the program allows payment directly in Bitcoin, though it remains to be seen if El Salvador will reduce the investment threshold to align with global CBI market realities.
- 4:15SPEAKER_00: Thanks for joining us today on IMI Podcasts.
- 4:19SPEAKER_00: Subscribe for free to the IMI Daily Newsletter for breaking news and updates from the investment migration industry.
- 4:25SPEAKER_00: And consider upgrading your membership to IMI Pro to get access to our exclusive professional community, industry events, data, and members only content.