Private Banker International — the definitive news source for the USD 100 trillion global wealth management market — published this piece on the ever-growing demand for residence- and citizenship-by-investment programs, and on the “perfect storm” of factors driving that demand. As the article makes clear, “parallels between demand and geopolitical uncertainty are not hard to make”. In this case, escalating protests in Hong Kong prompted a flood of inquiries about Portugal’s Golden Visa program, for example, while Cyprus saw a growing demand from West African high-net-worth individuals concerned about instability in that region. Both Henley & Partner’s Chairman, Dr. Christian Kälin, and CEO, Dr. Juerg Steffen, are quoted in the article.
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