Undocumented expats in Saudi Arabia hoping for another amnesty to allow them to leave the Kingdom without prosecution are set for disappointment after it was confirmed that there will be no further extensions.
More than 570,000 expats have left Saudi Arabia by taking advantage of an amnesty offered by the government that aims to make the Kingdom ‘violator free’ by 25 July.
Investor immigration programs have been growing in popularity around the world, while governments have sought to constantly adjust their requirements to the increased demand.
With investor immigration programs rapidly rising in popularity around the world, the Global Investor Immigration Council publishes its latest report giving an overview of a number of investor visa schemes.
There is a “race to the bottom” when it comes to investor visa schemes in Europe, but the high net worth strategy manager for the Isle of Man Government argued that the island’s immigration program is an attractive option for investors.
The world’s most popular investor visa programs face uncertain futures and leave many prospective immigrants in limbo, warned the chair of the Global Investor Immigration Council (GIIC).
The number of individuals applying for a UK investor visa plummeted by around 82% in the second quarter of 2015 compared to the same period last year, Home Office figures reveal.
The number of Chinese nationals applying for UK investor visas tripled in the same year the Home Office introduced new rules that doubled the minimum threshold to £2m.
UK-based wealth manager, London & Capital, has launched three new investor visa services to support the changing and growing demands from its international clients.
Earlier this month the Home Office doubled the minimum threshold for a UK investor visa to £2m, but there are now concerns the measure, and a further tightening of surrounding rules, will negatively impinge on investment into the UK.
