Author: Douglas Steffler

This author has written 60 articles
Read more about the article Property as a Passport to the World: Unlocking Borders

Property as a Passport to the World: Unlocking Borders

Property as a Passport to the World . As a cornerstone of wealth generation and preservation, real estate presents a prime solution for astute investors. Investment migration has emerged as a crucial tool for entrepreneurs, granting access to leading international wealth hubs and diversifying assets to mitigate risks and seize opportunities. By investing in Residence By Investment - Harley & Associates (citizenshiphubs.com) investors can acquire a property as well as an alternative residence or citizenship, gaining expanded access to the world. While traditional hubs like New York, London, and Hong Kong have long attracted attention, emerging markets present promising opportunities for discerning investors seeking portfolio optimization and high returns. Among these burgeoning destinations, the Caribbean havens of Antigua and Barbuda and Grenada, Central American jewel Costa Rica, and Mediterranean magnets Greece, Malta, and Spain stand out. These countries offer Residence By Investment - Harley & Associates (citizenshiphubs.com) or Citizenship By Investment - Harley &…

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Read more about the article World’s Wealthiest Cities Report 2024

World’s Wealthiest Cities Report 2024

Featuring exclusive data including the world’s Top 50 wealthiest cities, and accompanied by expert insights, this informative report published annually by Harley & Associates in partnership with New World Wealth is a must-read for followers of private wealth and investment migration trends — from high-net-worth investors and their advisors, to wealth professionals, and policy makers looking to transform their cities into tomorrow’s wealth magnets. Citizenship By Investment - Harley & Associates (citizenshiphubs.com) and Residence By Investment - Harley & Associates (citizenshiphubs.com) investors must read this updates. Top 50 Cities for Millionaires Top 50 Cities for Millionaires City/AreaCountryMillionaires (USD 1m+)Centi-millionaires (USD 100m+)Billionaires (USD 1bn+)Millionaire growth % (2013 to 2023)New York CityUSA349,5007446048%The Bay AreaUSA305,7006756882%TokyoJapan298,30026714-5%SingaporeSingapore244,8003363064%LondonUK227,00037035-10%Los AngelesUSA212,1004964345%Paris & Île-de-FranceFrance165,0002862312%SydneyAustralia147,0002052034%Hong KongHong Kong (SAR China)143,40032035-4%BeijingChina125,6003474290%ShanghaiChina123,4003223984%ChicagoUSA120,5002902422%TorontoCanada106,3001951825%Milan & LombardyItaly104,5001651520%MelbourneAustralia97,9001121040%FrankfurtGermany94,5001551514%HoustonUSA90,9002581870%Zurich (canton)Switzerland88,4002051020%SeoulSouth Korea82,5001952028%Geneva (canton)Switzerland79,8002441436%DubaiUAE72,5002121578%DallasUSA68,6001251575%MunichGermany68,400851122%MumbaiIndia58,8002362982%Rome & LazioItaly57,60092105%SeattleUSA54,2001301172%ShenzhenChina50,30015422140%AmsterdamNetherlands45,20091933%OsakaJapan43,100695-12%BostonUSA42,900107855%VancouverCanada41,400801050%MadridSpain36,0007488%MiamiUSA35,3001641578%PerthAustralia33,60064828%AustinUSA32,7009210110%HangzhouChina31,60010212125%DelhiIndia30,7001231695%MoscowRussian Federation30,30020723-24%TaipeiTaiwan30,200821541%ViennaAustria29,70070722%Washington, DCUSA28,300881275%BrisbaneAustralia27,20040436%BerlinGermany26,50047530%Nice to ÈzeFrance26,30095925%StockholmSweden24,80064126%GuangzhouChina24,500709110%Tel AvivIsrael24,300821045%DublinIreland24,20043560%AucklandNew Zealand23,40042452%Manchester & TraffordUK23,2006778% Figures for December 2023. Only includes individuals living in each city (residents). Millionaire figures rounded to nearest…

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Read more about the article Investment Migration: A Strategic Move for Wealthy Families in Francophone Africa

Investment Migration: A Strategic Move for Wealthy Families in Francophone Africa

By Romain Ligault On a global scale, affluent West African investors can mitigate the limitations imposed on them by their passports by opting for alternative residence and Citizenship By Investment - Harley & Associates (citizenshiphubs.com) programs, which allow them to acquire a second passport or residence permit. In so doing, wealthy families can shield their assets and open themselves up to global engagement when it comes to education healthcare, and lifestyle. As the Harley Passport Index  reveals, the economic mobility of African citizens is significantly constrained by the limitations imposed by their passports. In contrast to citizens of more economically advanced nations, Africans face substantial hurdles when it comes to unlocking a greater share of global GDP.  According to the latest Henley Passport Index, none of the countries in Francophone Africa have visa-free access to more than 26% of the 227 destinations available globally. Moreover, the destinations they can access visa-free account for less…

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Read more about the article Visa Rejection on Africa: The Paradox of Limited Mobility in Africa–Europe Relations

Visa Rejection on Africa: The Paradox of Limited Mobility in Africa–Europe Relations

Prof. Mehari Taddele Maru Prof. Mehari Taddele Maru is a part-time Professor at the School of Transnational Governance, and Academic Coordinator of the Young African Leaders Program (YALP) at the European University Institute in Florence, and an Adjunct Professor at Johns Hopkins University School of Advanced International Studies, Bologna. Africa’s richest individual, Aliko Dangote, needs 35 visas to travel in Africa, leaving him shackled by the very borders he sought to bridge with his vast business empire. This perplexing paradox is all too familiar to Africans — a continent desperately seeking investors yet denying its citizens the freedom to move between its own borders. Even at home, nationals of African countries have limited destinations they can access without requiring a visa. According to the African Development Bank’s 2023 Africa Visa Openness Report, African travelers are required to obtain visas to visit 55% of other African countries. While there has been an improvement…

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Read more about the article The Great Wealth Migration Report

The Great Wealth Migration Report

This year is shaping up to be a watershed moment in the global migration of wealth. As the world grapples with a perfect storm of geopolitical tensions, economic uncertainty, and social upheaval, millionaires are voting with their feet in record numbers, seeking greener pastures and safer harbors for their assets and family interests. The conflicts in Ukraine and Gaza, far from being isolated and contained battlegrounds, have drawn in major world powers, and are threatening to escalate into broader regional and possibly even global conflagrations. At the same time, growing polarization and fragmentation across many of the world’s nations is eroding social cohesion more generally, fueling a rising sense of unease and anxiety.   An unprecedented 128,000 millionaires are expected to relocate in 2024, eclipsing the previous record of 120,000 set in 2023. To put this in perspective, it's a 16% increase from the 110,000 who moved to a new…

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Read more about the article The UAE: A Strategic Haven for High-Net-Worth Families

The UAE: A Strategic Haven for High-Net-Worth Families

The UAE has solidified its position as the premier destination for high-net-worth individuals globally, with a projected net inflow of over 6700 millionaires in 2024 — more than any other country in the world. This should not come as a surprise, as the UAE has been a top contender in attracting private capital and talent for quite some time. However, since investment-based migration is increasingly driven by a confluence of economic, geopolitical, and domestic social factors, the UAE provides a reliable, safe, and appealing environment for high-net-worth families. The country's economic resilience, favorable tax policies, and world-class infrastructure, combined with its strategic location and political stability make it an ideal destination for global wealth and investment. There are multiple reasons behind the UAE’s attractiveness, such as premium real estate, investor friendly frameworks, large industrial announcements, and a highly sought-after residence by investment initiative, or Residence By Investment - Harley & Associates (citizenshiphubs.com) Strategic…

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Read more about the article The Harley Private Wealth Migration Dashboard

The Harley Private Wealth Migration Dashboard

Harley & Associate's unique tool for global citizens, investors, wealth managers, and private bankers, with exclusive millionaire migration and wealth data. Access comprehensive, current wealth migration data, updated annually by New World Wealth. Read The Great Wealth Migration Report - Harley & Associates (citizenshiphubs.com) TOP 10 COUNTRY INFLOWS This dataset represents the Top 10 countries globally in terms of projected net inflows of millionaires for 2024. Millionaire migration is a leading indicator of the overall health of a country and its economy. CountryProjected net inflows of millionaires in 2024UAE+6,700USA+3,800Singapore+3,500Canada+3,200Australia+2,500Italy+2,200Switzerland+1,500Greece+1,200Portugal+800Japan+400 These are provisional figures for the full year 2024. They are based on year-to-date HNWI movements to June 2024. Figures are rounded to the nearest 100. ‘Millionaires’ and ‘HNWIs’ refer to individuals with liquid investable wealth of USD 1 million or more. Source: New World Wealth TOP 10 COUNTRY OUTFLOWS This dataset represents the Top 10 countries or territories globally in…

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Read more about the article The Harley Citizenship Program Index 2024

The Harley Citizenship Program Index 2024

A comprehensive benchmarking of the world’s most important citizenship programs. Indispensable for anyone considering citizenship by investment Citizenship By Investment - Harley & Associates (citizenshiphubs.com) .This interactive tool enables investors to select the factors that matter most to them and their families. Use the The Harley Residence Program Index 2024 - Harley & Associates (citizenshiphubs.com) to compare Residence By Investment - Harley & Associates (citizenshiphubs.com) programs . A ranking of the world’s most important residence by investment programs The Harley Citizenship Program Index reflects the relative worth of the most reputable programs around the world. Published each year in the investment migration report, the index is revised annually by leading academic researchers, country risk specialists, economists, independent expert immigration and citizenship lawyers, and other specialists.  Global Citizenship Program Index Select up to 3 factors to create your own index Reputation Quality of Life Visa-Free or Visa-on-Arrival Access Processing Time Compliance Investment Requirements Residence Requirements Relocation Flexibility…

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Read more about the article The Harley Residence Program Index 2024

The Harley Residence Program Index 2024

A comprehensive benchmarking of the world’s most important residence by investment programs. Indispensable for anyone considering  residence by investment { Residence By Investment - Harley & Associates (citizenshiphubs.com). This interactive tool enables investors to select the factors that matter most to them and their families. Use the Harley citizenship by investment{Citizenship By Investment - Harley & Associates (citizenshiphubs.com) to compare citizenship programs and the Harley Real Estate Program  Real Estate - Harley & Associates (citizenshiphubs.com) to explore the ultimate combination of alternative residences and citizenships to unlock global access, mitigate risk, and create opportunity. A ranking of the world’s most important residence by investment programs The Harley Residence Program Index reflects the relative worth of the most reputable  residence by investment programs around the world. Published each year in the investment migration programs report, the index is revised annually by leading academic researchers, country risk specialists, economists, independent expert immigration and citizenship lawyers, and other specialists.…

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Read more about the article How to Get a Second Citizenship, Passport, and Golden Visa with Crypto

How to Get a Second Citizenship, Passport, and Golden Visa with Crypto

In today’s interconnected world, the need for global mobility, security, and financial flexibility has never been more important. For many, the path to achieving these goals lies in acquiring a second passport through citizenship by investment (CBI) programs or obtaining a Golden Visa via residence by investment schemes. These programs not only offer a legal route to dual citizenship but also serve as a gateway to a world of opportunities, including the freedom to travel, live, and work in a variety of countries. In this blog, we’ll explore how you can secure a second citizenship and Golden Visa, as well as the benefits of investing in real estate and cryptocurrencies to achieve your global aspirations. What is Citizenship by Investment (CBI)? Citizenship by investment programs allow individuals to acquire citizenship in a foreign country by making an investment in the nation's economy. This process typically involves investments in real estate,…

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