The OECD is consulting on the use of ‘residence by investment’ or ‘citizenship by investment’ schemes in a growing number of jurisdictions, which allow foreign individuals to obtain citizenship or temporary or permanent residence rights in exchange for local investments or against a flat fee.
The OECD is consulting on the use of ‘residence by investment’ or ‘citizenship by investment’ schemes in a growing number of jurisdictions, which allow foreign individuals to obtain citizenship or temporary or permanent residence rights in exchange for local investments or against a flat fee. While such schemes have legitimate uses, the OECD’s common reporting standard (CRS) public disclosure facility has also revealed their role in attempts to circumvent the CRS. The consultation document:
Comments are invited by 19 March 2018. See http://bit.ly/2EBfaEY.
The OECD is consulting on the use of ‘residence by investment’ or ‘citizenship by investment’ schemes in a growing number of jurisdictions, which allow foreign individuals to obtain citizenship or temporary or permanent residence rights in exchange for local investments or against a flat fee.
The OECD is consulting on the use of ‘residence by investment’ or ‘citizenship by investment’ schemes in a growing number of jurisdictions, which allow foreign individuals to obtain citizenship or temporary or permanent residence rights in exchange for local investments or against a flat fee. While such schemes have legitimate uses, the OECD’s common reporting standard (CRS) public disclosure facility has also revealed their role in attempts to circumvent the CRS. The consultation document:
Comments are invited by 19 March 2018. See http://bit.ly/2EBfaEY.