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 […]
Additional Foreign Account Tax Compliance Act (FATCA) regulations are enticing around 73% of Americans living abroad to renounce their US Citizenship. Following the introduction of the new global tax law in June 2014, the number increased by 39% in three months.
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?
The number of Americans looking to give up their permanent residence is on the rise: however, in September 2014, the cost of this rose from $450 to $2,350. In addition to paying the new fee, people wishing to leave the United States behind will need to go in person, overseas before an American diplomatic officer […]