05/06/24

From Features

Citizenship and Residency

Citizenship and Residency

Investment Migration: Teetering On The Precipice Of Profound Transformation

Bruno L’ecuyer
Chief Executive – Investment Migration Council

Last year, the traditional practices of investment migration faced unprecedented scrutiny and pressure from international organisations. The European Union, which has long been a vocal critic, repeatedly called on its member states to abandon investment migration pathways, even wielding the threat of revoking visa-free travel for third countries. Elsewhere, the OECD and the Financial Action Task Force (FATF) argued that investment migration is prone to corruption and misuse if it is not properly managed.

As the year unfolded, many wondered if this marked the end of investment migration as we knew it. Change came swift and at times, bewildering, with policy announcements oscillating between implementation and reversal.

However, beneath the tumultuous surface, 2023 emerged as a pivotal year, prompting a critical re-evaluation of long-established norms in the thrilling world of investment migration.

A Look Back

For context, policy changes are somewhat inherent to investment migration. Throughout the years, various pathways opened, closed, and some even reopened. Investment migration traces its roots to St. Kitts and Nevis in the Caribbean, where the first modern citizenship-by-investment pathway was introduced in 1984 as a tool for economic advancement. The Republic of Ireland followed four years later, establishing a naturalisation programme, which was terminated the following decade.

The introduction of residence-by-investment started in 1986, when Canada introduced its Federal Immigran…

Citizenship and Residency

The Changing Face Of Europe’s Golden Visas

Armand Arton
Arton Capital

As our world becomes increasingly uncertain, both economically and politically, savvy investors are looking for investment vehicles that offer more than just short-term returns. Golden Visas and Golden Passports are investment tools that allow individuals and their families to obtain residency or citizenship in exchange for a significant investment in the country's economy. At Arton Capital, we’ve been helping people access these programmes for nearly 20 years, growing to become the industry’s leading group of mobility experts.

Since our foundation, we’ve seen investor immigration develop into a multi-billion-dollar industry, with new programmes launched throughout the world. These programmes have become a pathway to facilitate access to new markets, enable seamless international travel, and hedge against uncertainty.

For wealthy migrants, these schemes can also provide a ‘Plan B’ residence and a gateway to a better life for their families. This is particularly desirable for those whose countries are experiencing political upheaval. Perhaps surprisingly, these applications don’t just come from developing countries. Some of the biggest leaps we at Arton Capital have seen in applications in recent years came from American citizens in the wake of divisive elections. Citizens of the host nation also reap outsized rewards, as enormous levels of investment are channelled into local economies bringing jobs and social benefits to where they’re most needed.