News and Updates
INDIA: Tightening of In-Country Compliance and Registration Requirements
Under the Indian Bureau of Immigration’s general policy, all foreign nationals who arrive on a visa valid for more than 180 days and who expect to remain in India for more than 180 consecutive days during a single visit or stay must register at the designated registration office in the place of residence. Until recently, […]
HONG KONG: Hong Kong made changes to Capital Investment Entrant Scheme (CIES)
The Hong Kong Capital Investment Entrant Scheme has been extremely popular. Successful applicants can benefit from one of the premier financial centers of the world with a robust economy and a low, simple and predictable tax regime. Initially launched by the Hong Kong Special Administrative Region (SAR) government in October 2003 to attract investments from […]
AUSTRALIA: Foreign Investment Review Board (FIRB) crackdowns on purchase of homes in Australia by certain temporary visa holders
Increased FIRB screening and compliance measures, including a hotline and a pilot monitoring system, have been introduced to ensure that temporary visa holders comply with FIRB requirements. Statistics show 15 real estate transactions were prevented by FIRB and a further 73 proposed residential real estate purchases have been voluntarily withdrawn in the last 9 months.
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