The Brexit vote has resulted in volatility within the financial markets and perhaps some confusion as to the types of goods and services which will be affected by those businesses whose products are sold internationally. Until such time as Article 50 is triggered and an exit is negotiated, Gibraltar and the UK are still very much in the EU and therefore there are currently no changes to the laws by which Gibraltar and UK companies are governed.
Malta has introduced an “Individual Investor Programme” which allows for the grant of a certificate of naturalisation (citizenship) of Malta to reputable foreign individuals and their families who contribute to the national economic and social development fund and meet the requirements of the programme. Residents of Malta enjoy an enviable quality of life and […]
The Moscow Times’ Mark Gay and Igor Makarov, a partner at law firm Baker & McKenzie’s Moscow office, discuss the benefits of Russian nationals holding duel citizenship, in view of the new legislation.
Do the benefits of visa-free travel out way the need for disclosure?
From the 1st of August 2014 new legislation is in force which makes it a legal requirement for Russians with passports of two or more countries to inform the migration service. Those individuals who intentionally conceal dual citizenship will be deemed criminally liable. A government representative claims that Russians who are a citizen of more […]