Connect with us

Investment

A Beginner's Guide to Residency by Investment Program – CEOWORLD magazine

Published

 on


There are many ways to attract investment to one’s country, and two of those ways include the Citizenship by Investment program and Residency by Investment program. It is the latter that is of interest today. Many people want to gain certain benefits from certain countries but those benefits often come only when one is at least a resident. The process of acquiring a residence is prolonged and often tiresome unless you are interested in making investments.

To become a permanent resident in a country, you will have to invest a particular sum and may have to undertake a few extra activities such as the creation of jobs in certain industries. Once you do so, you will be extended a fast-tracked process to obtain permanent residency. But, is that all there is? Of course not! If it were, then I wouldn’t have been writing this article.

In this article, I aim to help beginners understand what Residence by Investment programs are.

  1. About Permanent Residency
    Without acquiring citizenship of a country you may be entitled to enjoy certain kind of benefits through Permanent Residency. Those who are permanent residents (PR) or, simply put, hold PR cards are allowed to reside in the country without having to be citizens. By virtue of this card, they will be entitled to enjoy a set of benefits such as accessibility to health care, education, and work. However, PR card holders are not entitled to certain legal rights such as the right to vote. Generally, you are required to live in the country for a period of time to obtain such a status.
  1. Invest and Reside
    Investment has become quite a popular method of acquiring permanent residence since the late 1980s. Essentially, it entails the acquisition of a PR card in a country by making certain levels of investment. Due to the economic contribution made, you are entitled to an expedited process as opposed to a regular process. You should note, however, these investment levels vary from one country to another. For instance, under the Canadian Residence by Investment program, the applicant is required to contribute as much as CAD 1.2 million in furtherance of the Quebec Immigrant Investor Program that will process your application within 56 months; whereas Spanish Residence by Investment Program requires an investment of EUR 500,000, with the successful application being processed within 20 days.
  2. Benefits of Permanent Residence
    Except for the fact that you won’t be armed with legal rights that a citizen exercises, you are offered all the major benefits as a permanent resident. An array of reasons makes these programs eye-catching to many high net worth individuals. Let us take an example, security. You may want to reside in a country that is peaceful, friendly, and secure. Or, you are looking forward to taking advantage of visa-free mobility that is resourceful and time-friendly. Many investors want to explore business opportunities in regimes with less restrictive tax systems. Family well-being may also be a reason for you to apply for such a program.
  3. Benefits to the host country
    I don’t think we need to really explore the reasons why many countries explore these routes. They understand that investors want to tap the best potential out there but can’t because of statutory and administrative hurdles. Residency can be a step towards a better future, and these countries want to offer just that—but at a price. These programs allow the host countries to invest the contributions received in various economic, infrastructural, or cultural projects. For example, there are programs that mandate the applicants to make categorized investments in specific areas such as scientific and local industries. So long as your funds have a legal source, you have a clean background, and make the requisite investments, you are good to go!

Track Latest News Live on CEOWORLD magazine
and get news updates from the United States and around the world.
The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.
Follow CEOWORLD magazine
on Twitter and
Facebook. For media queries, please contact:
info@ceoworld.biz

Adblock test (Why?)



Source link

Continue Reading

Investment

UK says energy bill support package must not deter investment – Financial Post

Published

 on


Article content

LONDON — Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills.

Facing intense political pressure to provide more support for billpayers coping with what opponents and campaigners have called a cost-of-living crisis, finance minister Rishi Sunak will give a statement to parliament setting out details of the government’s response.

Advertisement 2

Article content

“In terms of paying for that, as we look at the balance between how much is done through debt, and how much is done through revenue raising, we need to do that in a way that doesn’t deter investment,” Barclay told Sky News.

Sunak’s announcement is expected to include a 10 billion pound ($12.6 billion) package of support, an energy industry source said, funded in part by a windfall tax on oil and gas producers companies.

Barclay said the government had decided to act after an announcement by the energy regulator earlier this week that a cap on gas and electricity bills was set to rise by another 40% in October.

“What we do recognize … is the government needs to have targeted support, particularly for those most affected by those higher bills,” Barclay told the BBC.

Advertisement 3

Article content

Global gas prices soared last year when the reopening of world economies from pandemic lockdowns caused demand to return sharply and supply could not keep up. The war in Ukraine has pushed up prices further in 2022.

The government has previously said it is opposed to a windfall tax on energy suppliers because it would deter them from investing in new energy projects.

But that position has shifted as political pressure for action has mounted, with the highest inflation among G7 nations and rising bills pushing many household budgets to the limit.

Prime Minister Boris Johnson is also keen to move the conversation away from a damning report detailing a series of illegal lockdown parties at his Downing Street office.

Advertisement 4

Article content

The opposition Labour Party has campaigned for a windfall tax on oil and gas companies to raise around 2 billion pounds ($2.5 billion), with opinion polls showing public support for such a move.

Asked about a windfall tax, Barclay said he disagreed with the Labour proposal, but declined to give any further details of the government’s new plan, saying it was for Sunak to set out the package to parliament later.

Sunak is expected to speak around 1115 GMT.

INFLATION RISK

Inflation reached a 40-year peak of 9% in April and is projected to rise further, while government forecasts last month showed living standards were set to see their biggest fall since records began in the late 1950s.

In February, the government announced a 9 billion pound support package, including a targeted tax rebate worth 150 pounds per year for 80% of households in England and a 200 pound discount on electricity bills, repayable over five years.

Advertisement 5

Article content

Media reports said that discount could be increased in Sunak’s package, and the need to repay it dropped.

The Institute for Fiscal Studies (IFS) economic think tank said any support needed to be aimed at the poorest households, warning that a universal giveaway, including for those who did not need the extra cash, could fuel inflation.

“We do need to be careful,” IFS director Paul Johnson told BBC radio. “Putting … tens of billions into the economy at a time of high inflation could stoke additional demand and make the inflation much more permanent.” ($1 = 0.7963 pounds) (Reporting by Muvija M, writing by William James, editing by Hugh Lawson and Frank Jack Daniel)

Advertisement

Comments

Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

Adblock test (Why?)



Source link

Continue Reading

Investment

Julien Roman: The Personal Investment Specialist | Mint – Mint

Published

 on


Julien Roman is a specialist in the field of personal investment. Over the years, he has helped countless people grow their wealth and reach their financial goals. His experience in crafting investment and risk management strategies is second to none, and he has the track record to back it up. From short-term investments to long-term opportunities, Julien provides unique strategies that suit the needs and goals of his followers. But where did it all begin for Julien? Here’s his story.

 

Starting young

Julien’s interest in investment started at a young age.  When he was just a teenager, he invested his own money in the stock market. He quickly learned about the ins and outs of the market and made a name for himself as a successful investor. Since then, Julien has continued to grow his knowledge of the investment world, and he now shares his expertise with others through his YouTube channel.

 

With more than 215,000 subscribers, Julien’s channel is one of the most popular investment-focused channels on YouTube. On this platform, Julien provides analysis of potential investments, discusses current events in the world of finance, and offers tips and advice for those looking to increase their ROI successfully.

 

Becoming an investment specialist

Julien became an investment specialist by reading books, watching tutorial videos, and following the news. He is now responsible for providing analysis of potential investments and advising clients on how to grow their portfolios best. In his role, Julien often meets with senior executives from companies to better understand their business strategies and financial goals. He then uses this information to recommend which investments will be most beneficial for his clients. Julien has been successful in his career thus far, and he plans to continue to help his clients achieve their financial goals in the future.

 

Working as a personal investment consultant

His stint as a personal investment consultant started years ago. Equipped with unparalleled experience, he has already managed to help individuals and families save for their future. He provides customized investment plans based on each client’s unique goals and circumstances, and he takes pride in helping his clients grow their wealth over time. Julien has worked with clients of all ages and levels of experience, and he feels passionate about helping everyone make money. Julien enjoys spending time with his wife and young children in his free time. He is also an avid traveler and enjoys exploring new places.

 

Julien Roman offers some valuable tips to get you started on the right track. First, he emphasizes the importance of setting realistic goals. It’s essential to have a clear idea of what you want to achieve financially, whether saving for retirement or buying a new home. He also recommends creating a budget and sticking to it. This will help you keep track of your spending and ensure that you’re putting your money towards your goals.

 

The personal investment specialist recommends investing in yourself by learning about financial planning. By educating yourself about personal finance, you’ll be better equipped to make intelligent decisions with your money and grow your wealth over time.

 

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Adblock test (Why?)



Source link

Continue Reading

Investment

Westboro Mortgage Investment Fund Announces Bonus Distribution to Unitholders – GlobeNewswire

Published

 on


TORONTO, May 25, 2022 (GLOBE NEWSWIRE) — Westboro Mortgage Investment Fund has paid a bonus distribution of $0.065 per eligible Class F unit. The bonus distribution equals the excess income earned by the fund for the fiscal year ended December 31, 2021. The total distribution per unit for the 2021 fiscal year, inclusive of this bonus distribution, was $0.65/unit on a monthly basis, or an annualized return of 6.7%, on a monthly compounded basis. The strong performance of the Westboro Mortgage Investment Fund is a direct result of the following: a) long standing and strong broker client relationships b) best in class staff; and c) conservative and thorough underwriting practices.

“It was a record breaking year filled with a unique set of challenges posed by the pandemic. We will continue to be conservative in our underwriting and portfolio management while being competitive on interest rates and terms offered to our longstanding broker client network. In 2021 and early in 2022 we were fortunate to attract top industry talent to join our already dynamic team. We want to fund the best mortgages, not the most mortgages. Our focus is, and always will be, the preservation of investor capital and providing consistent risk adjusted returns to our mortgage fund investors,” said Nick Christopoulos, CEO of Westboro Mortgage Investment Fund.

About Westboro Mortgage Investment Fund

Westboro Mortgage Investment Fund was established in 2004 as a Mortgage Investment Corporation in the Ottawa region. Throughout the years, the fund has strategically expanded its lending region to include Central and Southwestern Ontario and the Gatineau regional area of Quebec. Today, the fund manages assets in excess of $300 million all while maintaining the primary objective of providing investors with a consistent and stable fixed income solution for their investment portfolio.

To learn more about the Westboro Mortgage Investment Fund, including investment opportunities and qualification criteria please visit www.westboromic.com or contact the Vice President of Fund Sales, Scott Roberts at sroberts@westboromic.com.

Adblock test (Why?)



Source link

Continue Reading

Trending