Tag: wealthy

Brexit: Wealthy Britons step up citizenship shopping for visa-free access to EU

The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken.

Investment immigration firm Astons said it had seen a 50 percent and 30 percent year-on-year increase in interest from clients seeking Cypriot or Greek citizenship respectively this quarter, less than four months before UK passport-holders are likely to lose their rights to freedom of movement across the EU.

For all the latest headlines follow our Google News channel online or via the app

Henley & Partners also reported a rise in requests for advice on investment migration applications to Malta, Portugal, Austria and several Caribbean islands, which offer a range of residency rights, visa-free travel to the EU and citizenship to investors in local business or property.

Citizens of certain Caribbean sovereign

Read More

business travelers. Execs are hoping wealthy vacationers can make up the difference.



a group of people posing for the camera: Private aviation is at a crossroads following a busy summer for leisure travel and executives are waiting to see if business travel rebounds in the fall. XOJET; FXAIR; Silver Air; Sylvain Gaboury/Patrick McMullan via Getty Images; Flexjet; Samantha Lee/Business Insider


© XOJET; FXAIR; Silver Air; Sylvain Gaboury/Patrick McMullan via Getty Images; Flexjet; Samantha Lee/B…
Private aviation is at a crossroads following a busy summer for leisure travel and executives are waiting to see if business travel rebounds in the fall. XOJET; FXAIR; Silver Air; Sylvain Gaboury/Patrick McMullan via Getty Images; Flexjet; Samantha Lee/Business Insider

  • Private aviation executives say the industry has succeeded in gaining back most of the business lost to the pandemic but the recovery isn’t yet complete.
  • Private jet travel bounced back in the summer after some firms booked no flights at all in late March and April with the fall looking similarly promising thanks to a new market of leisure flyers.
  • Firms are moving to capture as much of the new market as possible by scaling up, adopting advanced scheduling and pricing systems, and enhancing safety protocols. 
  • Business Insider spoke with eight private aviation executives to learn
Read More