Category Archives: Updates

Singapore is set to host the highly anticipated Globevisa Global Citizen Conference from October 22-24, 2025, a premier event that brings together influential players in the global mobility and second citizenship industry. Organized by Globevisa Group, a world leader in immigration consultancy, the conference will provide a strategic platform for high-net-worth individuals (HNWIs), law firms, government officials, and wealth managers to connect, collaborate, and thrive in the evolving landscape of global citizenship.

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Attendees will gain exclusive access to expert insights on asset management, tax planning, wealth inheritance, and global business expansion. With over 300 participants from more than 40 countries, the conference offers unparalleled networking opportunities, fostering connections with top-tier professionals, migration agents, and corporate service providers.

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Backed by over 20 years of immigration experience, Globevisa Group has established itself as a global leader with a network of 50+ offices and a team of 800+ professionals & partners, with Globalia Consulting one of its partners. The firm’s diverse portfolio includes 300+ projects and 60+ immigration programs, serving clients across 108 countries.

Tailored Solutions for Global Citizens

The conference will spotlight comprehensive solutions for global citizens, extending beyond immigration to cover crucial aspects such as investment strategies, tax optimization, and wealth management. Expert speakers will provide actionable insights on navigating complex global citizenship programs, enabling participants to make informed decisions in their pursuit of international mobility and financial security.

A Gateway to Global Opportunities

In the heart of Singapore, where East meets West, the Globevisa Global Citizen Conference serves as a dynamic platform for knowledge exchange and strategic collaboration. The event will also feature interactive sessions, panel discussions, and networking opportunities designed to help attendees explore diverse investment and citizenship programs worldwide.

Register Now

Don’t miss the chance to connect with industry leaders and discover innovative pathways to global mobility. Visit www.globevisa.com for more information and registration. For inquiries, contact [email protected] or [email protected] Join us in Singapore and take a decisive step toward expanding your global footprint

St. Kitts and Nevis has revoked the citizenship of 13 individuals and blacklisted two marketing agents (Latitude Consultancy and RIF Trust) following an investigation into its Citizenship by Investment (CBI) program.

The probe revealed that the 13 individuals failed to pay the minimum required investment, despite declarations in their applications. Another 32 rectified their payments. The blacklisted agents were found to be marketing the CBI program below the legal investment threshold.

As a result, Latitude Consultancy and RIF Trust are permanently barred from CBI activities related to St. Kitts and Nevis.

Additionally, the government terminated its investment agreement with MSR Media SKN Ltd and MSR Hotels & Co. Ltd due to contractual breaches and alleged attempts to discredit the CBI program.

These actions demonstrate St. Kitts and Nevis’s commitment to zero tolerance for CBI program abuse and aim to protect its integrity.

Key Takeaways:

1. Compliance is essential for CBI investors.
2. Accurate applications are mandatory.
3. Work with authorized, reputable agents.
4. Be cautious of below-market offers.
5. Strategic Implications:

This emphasizes the growing focus on compliance within global CBI programs. Investors must conduct thorough due diligence. St. Kitts and Nevis’s firm stance underscores the importance of program integrity for long-term sustainability.

Former Prime Minister and current Opposition Leader Allen Chastanet has filed an urgent interlocutory injunction in the Eastern Caribbean Supreme Court to halt portions of St. Lucia’s Citizenship by Investment Program (CIP). The legal action focuses on a contentious agreement between the CIP Board and Caribbean Galaxy Real Estate Limited, which Chastanet claims authorizes the approval of numerous citizenship applications at a significantly reduced rate.

Chastanet’s Concerns:

Chastanet’s legal filing raises significant concerns regarding the agreement with Caribbean Galaxy, including:

• Unauthorized Discount: Allegations suggest the agreement permits citizenship applications at a discounted rate of $65,000, substantially below the legally required minimum of $200,000.
• Lack of Transparency: Chastanet asserts a lack of transparency surrounding the agreement’s terms, including the number of approved applications and generated revenue.
• Potential for Abuse: The discounted rate poses a risk of incentivizing corruption and jeopardizing the CIP program’s integrity.

Impact on the CIP Program:

The court’s decision on Chastanet’s injunction could significantly impact the CIP program. As a vital revenue source for St. Lucia, any halt to applications could lead to adverse economic repercussions.

Conclusion:

This case highlights the vital need for transparency in CIP programs. Applicants must verify all costs with official sources and avoid discounted, unofficial offers to protect themselves and the program’s integrity.

The government of Vanuatu has announced that it will be canceling the passport of Lalit Modi, the former Indian Premier League (IPL) chairman who is wanted by Indian authorities on charges of corruption and money laundering. The decision comes after Vanuatu received an extradition request from India.

Modi has been living in Vanuatu since 2010, after he was accused of financial irregularities in the IPL. He has denied all charges against him.

The Vanuatu government has not yet released a statement on the matter. However, a source close to the government said that the decision to cancel Modi’s passport was made after “careful consideration” of India’s extradition request.

It is unclear when Modi’s passport will be canceled. However, once it is, he will no longer be able to travel to Vanuatu or any other country that has a visa-free agreement with Vanuatu.

Modi is likely to appeal the decision to cancel his passport. If he is successful, he will be able to continue to live in Vanuatu. However, if his appeal is rejected, he will be forced to leave the country.

The move by Vanuatu is a significant development in the case against Modi. It is also a sign that the country is taking India’s extradition request seriously.