Living in a country with high taxation can be very hard on businesses and one sure way to reduce the tax rate is by moving your business or moving to a country with a lower tax rate. Many HNWIs can have the flexibility of choosing where to base their business and where to live to help secure the future prospects for their family. Having a second passport can provide access to better healthcare provisions, higher education standards for children, a stable political environment and security in preserving assets.
Outbound migration is becoming increasingly popular in South Africa for HNWIs and their families. This is because they recognise the potential of having a second citizenship or residence for the purpose of flexibility, mobility, and the freedom to live and work in an increasingly global environment. Fortunately, for those seeking opportunities overseas, the CBI programmes open the gateway to those opportunities.
BLS Global will be holding its next Global Investment Immigration Summit (GIIS) in Johannesburg, at the Sandton Convention Center, on 21 June 2019.
Sam Hussain, Managing Director of BLS Global said, “the need for outbound migration on a global scale is still on the rise in South Africa and investment opportunities still continue to grow. As such, it is widely recognised that there is a need for a one-stop-shop event outlining the major immigration programmes that exist from around the world, which is why we are pleased to be hosting the event in Johannesburg.”
The event will include sessions outlining all the major programmes from the Caribbean, Europe, US and Canada, and will feature informative panels moderated by head of Citizenship/Residency Units, experienced in Immigrant Investor Programmes. Potential investors and residency seekers are urged to attend the panels to learn more about the global investment immigration programmes.
The GIIS event will have international leading experts that will be on hand to give one-to-one consultations to those attending. There will be representatives for the Caribbean, including Antigua and Barbuda, Dominica, St. Kitts and Nevis, Saint Lucia and Grenada. Apart from the Caribbean, we will have experts from Europe (Malta, Montenegro, UK, Cyprus and many more) along with Canada and the USA.
Through the event, many HNWIs will be exposed to all the different programmes that each country offers. There are options for business investment, real estate investment, start-up visas, entrepreneurship and economic donations. Each country has its own different programmes and several of them allow more than one investment route for the applicants. The one-to-one consultations will provide interested investors and HNWIs with accurate information and advice to help them decide the best options for them to take towards preserving their wealth and creating a safer and more stable future.
