Guernsey is set to revise the rules of its successful Private Investment Fund, expanding the fund regime with two supplemental models which remove the requirement for manager involvement. How best to take this forward? Grant Wilson, Chief Investment Officer at Asset Risk Consultants, recently sat his CISI examination at GTA and was delighted with the service – “ We are very pleased that the GTA is now able to deliver CISI computer-based tests in Guernsey. Citizenship by investment is the process of obtaining a second citizenship and passport by investing in the economy of the host country. Economic citizenship is essentially the same thing as citizenship by investment. What You should Know. It is important to remember you ONLY make the full investment (donation or real estate) after receiving citizenship approval from the Citizenship Investment Unit (CIU). UK Citizenship, and visa-free access to 173 countries, can be awarded after six years. In fact that there is currently no citizenship program for this country, we would like to draw your attention to our new Vanuatu Citizenship by Investment Program. A Practical Guide To Saudi Arabia's Anti Money Laundering Law. Investment of £750,000 into another Guernsey opportunity of the applicant’s choosing that is considered satisfactory by the States of Guernsey. This can be accomplished through different types of investment options including real estate, government bonds, establishing a business, development programs, etc. A … Citizenship Program Vanuatu - Buy European Second Passport. BSA Ahmad Bin Hezeem & Associates LLP. They can pay 20% tax on Guernsey source income and cap the liability on non-Guernsey source income at a maximum of £130,000 OR cap the liability on worldwide income at a maximum £260,000. Applicants are advised to discuss option 3 with ... Guernsey, but not citizenship, which is a different matter. Significant benefits are available and we advise that you contact the Dixcart office in Guernsey to fully explain these options: [email protected] . Checkout our list of countries opening a citizenship by investment scheme in the future. Guernsey's economy is dominated by the financial services industry, with an excellent reputation across a range of areas, including the insurance and private equity sectors. If you have further questions about Citizenship Program Guernsey or any other concerns, please contact us. Citizenship by investment programs legally confer citizenship status faster than traditional immigration processes and do so … ... On the 20th of November, the new Malta Citizenship by Direct Investment regulations were published by the Maltese Government. During this transition period the relationship between Guernsey and Jersey on the one hand, and the EU on the other, will not change. The revisions will create the most comprehensive and flexible suite of options of any private fund regime. Nestor Alfred who leads St Lucia’s Citizenship by Investment Programme, explained to host Alec Marsh, editor-at-large of Spear’s, that there is ‘a positive story to be told’. 14. Decisions concerning the admission of foreign nationals to the Bailiwick of Guernsey are made by Immigration Officers acting under the provisions of the Immigration Act 1971, as extended to the Bailiwick by the Immigration (Guernsey) Order 1993 and the Immigration (Bailiwick of Guernsey… ... On the 20th of November, the new Malta Citizenship by Direct Investment regulations were published by the Maltese Government. Read our Guernsey guide to Brexit. Albania. It’s a way to obtain a second citizenship and passport in another country by investing in its economy. Albania may well be opening a fast track citizenship by investment scheme in the future (to be announced). 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