Wealthy internationals planning to acquire residency in Greece through the Golden Visa program will have to spend more money when investing after the country decided to increase the minimum amount of investment for this program. ccording to an amendment presented in Greece’s Parliament last week, in some parts of the
Translated and adapted by Christian Nesheim, who is alone responsible for the below content. The original version is available on our WeChat channel. After an encouraging second quarter of 2022, the Chinese investment migration market – and the agencies catering to it – are rapidly “recovering” and, judging by present
By Christopher Simpson The British Virgin Islands Financial Services Commission (FSC) has recently recognised Asia-based Fusang Exchange Ltd as its first digital securities and asset exchange. The Exchange was recognised by way of an amendment to the British Virgin Islands Regulatory Code (Recognised Exchanges) Notice, 2015, and took effect on
In a televised speech on Saturday, Greek Prime Minister Kyriakos Mitsotakis announced that the minimum investment amount required under the property investment option of the golden visa program is set to double. “In order to increase the affordability of real estate for Greeks, we are now increasing the minimum amount
Yogi Berra, the iconic American baseball catcher, famously said: “Make a game plan and stick to it. Unless it’s not working.” US Federal Reserve Chair Jerome Powell may have had this quote in mind when he delivered his ‘Jackson Hole speech on August 26th, as the world’s Central bankers gathered
MAZATLAN, SIN – The construction of the Mzt Aerospace Park in Mazatlan, Sinaloa, aims to be the new research and development hub for the aerospace industry in Mexico. This project has a feature that will make it more attractive, which will have its own airstrip to test experimental aircraft, as
ANKARA: A price hike for foreigners seeking citizenship through real estate investment is the latest attempt by the Turkish government to ease the country’s financial woes. The move is estimated to help Turkey overcome its current account deficit and change the profile of foreign investors. “Only up to June 3
With inflationary pressures coming to the fore in certain areas of the global economy and the continuing impact of Covid-19, there are many important and urgent issues to discuss. In our capacity as offshore legal advisers, we wanted to highlight some of the features from our Investment Funds/M&A and Finance
Features of the Incubator Fund The BVI’s Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015 (the “Regulations”) introduced the “Incubator Fund” which provides a streamlined basis for start-up investment managers to establish a track record of managing funds with an open-ended strategy. The Incubator Fund regime under the
Chinese outbound investments into Asia (including Australia) totaled 101 or roughly 40% of Q4 total volume of outbound investments and 48% of total Q4 global outbound. This percentage of volume has remained flat over the past few quarters, although China’s Asian outbound investments as a percentage of its global aggregate
