In conversation with Ms. Micah-Rose Emmett, CEO and Founder of CS Global Partners-
CS Global Partners helps government officials build synergies to promote the safety and security of their citizens through investment programs.
CS Global Partners is the world’s leading government advisory and marketing firm, specializing in residency and citizenship by investment solutions. We work closely with governments to increase foreign direct investment and drive positive change in their countries. We understand what high net worth individuals expect when seeking alternative citizenship and residency. We can help governments meet these expectations. We understand that high-net-worth individuals are looking for safer investment opportunities now than ever before. The need for security and a better quality of life is a key driver for those seeking access to better economic opportunities and previously unattainable global mobility.
With their years of expertise, legal advisors and a team of highly skilled CBI professionals from all corners of the globe you can rely on our experienced industry advice regarding the best citizenship and residency programs for your clients. As a firm committed to improving a nation’s GDP through the programs we market and the governments we advise, we have identified the challenges facing global citizens and the opportunities they need, financially planning, family succession and economic prosperity. In understanding their needs, we can guide our clients through the process of matching progressive and innovative countries with skilled, talented and high net worth individuals.
Has CS Global Partners seen an increase in interest in CBI?
Citizenship by Investing has always been an option for smart investors. However, there has been a sharp increase in interest from individuals who, before the pandemic, thought a contingency plan was not necessary. Now we are seeing that people from first world countries are inquiring about second citizenship. We have also seen a rapid increase in the number of young investors seeking to immigrate and seek dual citizenship that allows them the mobility to do business or travel with limited restrictions.
In 2020 we saw a 42 percent increase in interest from the US compared to previous years, and the number one reason applicants cited was a better quality of life for them and their families.
How can they use this report in Citizenship by Investment Industry when consulting with a client interested in diversifying their portfolio with CBI?
This report will allow your clients to compare nationalities around the world while considering aspects that may be important to them. It all depends on the needs of your client, as everyone is different.
For example, a client who is a citizen of a country with an unstable economy and wants to grow his business internationally may give more importance to countries that are strong in promoting financial independence. It measures the ability of a jurisdiction to provide a conducive and stable regulatory environment for the performance of persuasive businesses as well as the holding of personal and business assets. Investing in CBI is a way of hedging their investments while diversifying their portfolio.
A client with a family living in a country that lacks the rule of law, political stability, and has a high crime rate may be interested in the country’s performance in security and safety motivators. It measures the extent to which another citizenship can provide greater security and protection to the citizen.
How Covid19 has shown an increase in the programs of CBI.
The outbreak of the COVID-19 pandemic, widely regarded as one of the most severe crises of recent times, has had a massive impact on almost every sector of society, from domestic life to the global economy. The rapid decline of global health care systems represents the beginning of a substantial set of events, including the urgent implementation of response measures against the spread of the virus, such as social distancing, self-isolation and travel barriers. These restrictions dramatically reduced the workforce and caused far-reaching damage to all economic and social sectors.
Since the start of the COVID-19 pandemic, the demand for other citizenship programs has increased. While the outlook remains uncertain, high net worth individuals, many of whom are terrified of capital controls, high taxation and even social unrest, are embracing alternatives that give them second citizenship. Citizenship seekers are now looking for not only mobility, but also as a hedge against some of these challenges.
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