Australia's visa overhaul leaves Chinese millionaires in limbo
When Australia introduced BIIP in 2012, the hope was that wealthy business owners, investors and entrepreneurs would boost the economy by bringing in capital and driving innovation.
UK review of 'golden' visas for millionaires finds links to corruption
The government last year scrapped the visas, which offered a route to residency for those investing at least US$2.43 million, days before the invasion of Ukraine amid concerns about the inflow of illicit Russian money.
Number of Singapore millionaires could rise by over 60% in next 5 years
Singapore may have 437,000 millionaires by 2025 compared with 270,000 in 2020, representing a rise of 62%.
