GIIC FOUNDING MEMBERS, SAM BAYAT AND NURI KATZ, ATTEND 3RD ANNUAL. INVESTMENT IMMIGRATION SUMMIT HONG KONG 2015
Global Investor Immigration Council founding members Sam Bayat and Nuri Katz attended the 3rd Annual Investment Immigration Summit Hong Kong 2015 on 9th and 10th November, along with members of the Apex Capital team.
Each year, the summit gathers over 250 immigration consultants, wealth managers, private bankers and immigration experts from China and Asia-Pacific – to come and learn about the many investment immigration initiatives around the world.
Nuri Katz delivered a presentation on the GIIC; its purpose, aims, research and findings, code of conduct and best practices. Nuri highlighted that the GIIC expects the number of wealthy individuals pursuing investment immigration programs to increase at an even faster rate in the next 10 years.
With the increase in such applications, there is a growing need for investment and legal advice. Until the formation of the GIIC, there had been no industry-wide body to support the industry and its clients.
There is growing supply and demand of residence and citizenship by investment programs. In order for the industry to continue to operate successfully, all participants need to operate at a high standard. Governments must operate programs professionally and efficiently. Only investors who have earned their wealth through legal means should be able to benefit from programs. Advisers, agents and lawyers must follow strict standards of ethics and abide by the GIIC Code of Conduct.