Antigua Looking to Keep ‘Pirates’ Spirit Alive With $125M Film Fund – The Government of Antigua has approved a film fund which will be financed by $400,000 investments from applicants to the country’s CBI program. Golden Islands Filmworks will raise $125 million to go towards the financing of five feature films, include a Bob Marley biopic and a thriller based on the best-selling Nick Carter novels.
KPMG: Make New Zealand investor migrants take a risk – Almost 80% of investor visa recipients’ funds currently ends up in government and corporate bonds, according to a KPMG report. Business organisations have called for investor migrants to be required to fund more productive, growth-focused investments, but Economic Development Minister Steven Joyce has warned that drastic changes could put off would-be investors.
UK investor visa applications slide by 82% – Experts attribute the decline to the doubling of the investment threshold to £2 million, increased competition from other programs in Europe, and increasing limitations of ‘non-dom’ tax advantages.