• CSRC to implement reductions in funds’ trading commissions during the current year. • These measures come in response to a significant decline in fund launches amid the ongoing market downturn. Source: Bloomberg
HSBC has recently unveiled its Global Private Banking (GPB) business in India, with the aim of catering to high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs, and their families. This move underscores HSBC’s commitment to becoming a leader in wealth management across Asia, offering top-tier wealth solutions, global private banking expertise,
The President of the Autonomous Region of Madeira, Miguel Albuquerque, has expressed strong opposition to recent changes introduced by Prime Minister Antonio Costa to Portugal’s Golden Visa scheme. These changes have been deemed “counterproductive” by Albuquerque, who contests the new rules imposed by Costa. Particularly, he believes that the changes
Transaction Excludes Crestbridge Family Office Services, Confirms Company Statement Yesterday, Gen II Fund Services, a North American fund administration business, acquired Crestbridge’s institutional businesses. However, Crestbridge Family Office Services (CFOS) clarified that it will remain unaffected by the transaction and will continue to function independently. The financial terms of the
Having a portfolio of strong passports is highly valued among investors, providing access to countries with favorable political, cultural, and economic aspects. While Poland does not have a dedicated Residency by Investment Program, it offers an indirect path to residency through its Business Investor Visa. This visa scheme allows investors
Indonesia has unveiled its Golden Visa program, a new initiative aimed at attracting exceptional foreign talent to the country. Minister of Tourism and Creative Economy, Sandiaga Uno, recently announced the imminent launch of this program, which seeks to draw high-quality individuals in sectors such as digitalization, healthcare, research, and technology.
Turks and Caicos Islands, located in the tranquil Caribbean, offers excellent opportunities for obtaining residence through its permanent residency program. This article provides a guide on how to acquire residency on the islands based on your needs and capabilities. If you are considering obtaining a second residence or citizenship, our
Bulgaria has recently introduced new regulations for its Golden Visa program following the termination of its Citizenship by Investment program in 2021. The changes, approved by the Bulgarian government on April 25, outline the framework for foreign investors to obtain Bulgarian residency through investment. These updates primarily focus on the
Vietnam has recorded an impressive influx of foreign direct investment (FDI) in the initial five months of this year, totaling around $10.86 billion. The country’s favorable business environment, robust economic growth, and strategic sectors such as manufacturing, high-tech, services, and renewable energy have contributed to its appeal as an attractive
Obtaining Turkish residence offers a range of benefits, from investment opportunities to lower taxes and extended travel privileges. In this article, we will provide you with a step-by-step guide on how to obtain Turkish residence, including the different types of resident permits available and the advantages of acquiring one. At
