Global migration is on the rise, with more people than ever before choosing to relocate abroad. Alongside this trend, the popularity of residency and citizenship by investment (RCBI) programs has skyrocketed. While countries like the US, UK, and Canada have historically been top destinations, the landscape has changed and there has been an increased interest from citizens in those countries to travel elsewhere.
This trend has not gone unnoticed. The annual NYC Real Estate Expo is holding its first ever RCBI Pavilion in 2024. The Pavilion will be co-hosted by MSP Global and will feature a diverse assortment of industry experts on global residency and citizenship programs, as well as international business.
Mona Shah and Sam Bayat discuss both the increased interest in RCBI worldwide and the advantages of being able to hold an Expo featuring it in the United States. Take a deep dive and listen in on why some people choose to get citizenship in certain countries, and why it is so important to have face to face meetings.
“Of course, people from the north, they have the freedom to express themselves, but then there are the tax burdens, the climate, the political system in place. And for the people from the south, they want the freedom. They want to have a better access to travel with a better citizenship, better future for the children, more stability. So, it depends on the applicants view and perspective of what they like and how they perceive the future.” – Sam Bayat
Sam Bayat
In 1993, Mr. Sam Bayat established a boutique law practice in Dubai to promote Canada as a preferred destination for investment and migration. The firm, initially known as “Canadian Legal Services,” marked the first Canadian law firm in the GCC. In 2007, the firm name was changed to Bayat Legal Services. Today, Bayat Group boasts a global presence. The primary areas of expertise encompass corporate migration, economic citizenship, investments, and tax planning. Mr. Bayat has also served as the former president of the Canadian Bar Association’s International Section in Quebec.
In addition, check out our previous podcasts with Sam Bayat here and here!
RCBI Pavilion
Check out the NYC Real Estate Expo, with its first ever RCBI Pavilion, on October 16, 2024.
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