New Delhi,28.05.20-PHD Chamber of Commerce and Industry hosted an interactive session on “GRACE Live- Challenges and Opportunities for Residency and Citizenship Solutions Post COVID -19”. The objective of organizing the webinar was to understand the scope and process of residency and citizenship in different countries and their advantages and prospects.

Mr. Prashant Ajmera, Ajmera Law Group, gave an insightful presentation on Why Indian HNIs should consider Residency and Citizenship by investment. He focused on out of India education which can be done profitably under Residency and Citizenship by Investment, Global Real Estate, Global Stock Market and related projected and Global Business.

Mr. Mohammed Asaria, Managing Director & Founder, Range Developments while giving a short glimpse about Range Developments, gave insights about citizenship in Grenada which by investment is one of the most sought after CIP programs in the world. it is one of the popular citizenships which has numerous benefits including Swift Procession, Dual Citizenship, USA E-2 Visa Application, the 5-year investment holding periods, visa-free travel to over 130 countries of the world, providing world-class education and much more.

Ms. Inga Wellings, Business Development Manager, CS Global Partners talked about citizenship in Caribbean countries. She explained CBI and applicant citizenship rights received. She talked about the growing business and growth opportunities in the Caribbean countries and presented a case study on Dominica, which can be a business destination for the future. She gave an insight into the processing of the CBI Application which is facing challenges and responses during to COVID-19. Caribbean countries can drive demand opportunities in Economic stability, health, global mobility, business opportunities, quality life, and others making it a destination for the future for personal as well as family growth.

Ms. Leena Motwani, Associate Vice President, Arton Capital, gave a presentation on Montenegro Citizenship by Investment and Portugal Golden Residence Permit. She explained the benefits of citizenship in Montenegro and Portugal, its benefits, qualifications, investment options, and an increase in the passport holders.

Mr. Christos Th. Vardikos, Attorney at Law, Consultant, Commonwealth of Dominica deliberated about citizenship in Dominica which has citizenship benefits which include dual citizenship, visa-free travel to more than 140 countries, tax-free status, and much more

Mr. Christos Th. Vardikos further talked about Europe Travel Information and Authorization System (ETIAS) and Green Golden Visa Program which given enormous investment options for which can be beneficial for the future.

The session was followed with a panel discussion which was moderated by Mr. Mark Davies, Chairman, Davies & Associates LLC with Mr. Ramin Asgard, Senior Vice President of Global Business Development, FirstPathway Partners and Mr. Matt Hogan, Vice President of Project Development, CMB Regional Centers who shared their viewpoints regarding the USA EB5 and E2 investors visa.

Mr. Ramin Asgard said that the US is the first preference of any student. Getting EB5 or E2 visa depends on time frame and purpose. It takes more than 5 years to get an EB5 visa, but it is a great option. Mr. Hogan said that it is very common for an Indian to ask about an EB5 visa because there are a lot of advantages of moving to the US for business, job, education, and lifestyle upliftment.

Dr. D. K. Aggarwal, President, PHD Chamber of Commerce and Industry, in his presidential address mentioned the scenario of global residency and citizenship in the past few years and now in the present world under the COVID-19 pandemic crisis. He further deliberated about the benefits of having multiple citizenships and stressed that post-COVID-19, there will be a paradigm shift about the lifestyle and working environment and presences towards citizenship as well.