The Golden Passport Scandal
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If you follow the news you might have noticed the scandal that involves the firm Henley & Partners. This scandal revolves around the citizenship by investment program that is available in Malta and is often referred to as the Golden Passport Scandal.
What happened?
Henley and Partners is one of the most famous firms in the world that deal with Citizenship by investment programs. They are the ones of the few that actually consult with the governments to develop this type of program across the globe.
If you apply for Maltese Citizenship by investment program you're supposed to actually spend some time in Malta. The ''big'' scandal revolves around people who went through this particular CBI and didn't actually spend the required time in the country.
In my opinion, this is blown out of proportion and media being media trying to push a story that will make a bang. Anything related to the world of offshore and rich people makes a good story that will get lots of attention.
What are the possible consequences of scandals like this one?
Well, they can be severe! Rules will almost certainly get tighter, and some citizenship by investment programs might shut down, as we've seen happen in Cyprus.
Article talking about this matter:
https://www.bbc.com/news/world-europe-56843409
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
Видео The Golden Passport Scandal канала Offshore Citizen
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
If you follow the news you might have noticed the scandal that involves the firm Henley & Partners. This scandal revolves around the citizenship by investment program that is available in Malta and is often referred to as the Golden Passport Scandal.
What happened?
Henley and Partners is one of the most famous firms in the world that deal with Citizenship by investment programs. They are the ones of the few that actually consult with the governments to develop this type of program across the globe.
If you apply for Maltese Citizenship by investment program you're supposed to actually spend some time in Malta. The ''big'' scandal revolves around people who went through this particular CBI and didn't actually spend the required time in the country.
In my opinion, this is blown out of proportion and media being media trying to push a story that will make a bang. Anything related to the world of offshore and rich people makes a good story that will get lots of attention.
What are the possible consequences of scandals like this one?
Well, they can be severe! Rules will almost certainly get tighter, and some citizenship by investment programs might shut down, as we've seen happen in Cyprus.
Article talking about this matter:
https://www.bbc.com/news/world-europe-56843409
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
Видео The Golden Passport Scandal канала Offshore Citizen
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