LONDON, July 6, 2020 - On July 3rd, the Citizenship by Investment Unit (CIU) of the Federation of St Kitts and Nevis reduced the minimum contribution families must make to become economic citizens. Now, families of four contribute US$150,000, instead of US$195,000, to the Sustainable Growth Fund under the country's Citizenship by Investment (CBI) Programme. The offer is … [Read more...] about St Kitts and Nevis Reduces Minimum Rates for their Citizenship by Investment Program
Travel
Lufthansa to Leave Germany’s DAX and to Join MDAX Index
Like many major airline companies, Deutsche Lufthansa is badly hit by the Covid19 pandemic. The German flag carrier is leaving the DAX index (GER30) and is joining the ranks of the MDAX index according to the report of MarketWatch. Deutsche Wohnen, one of the largest real estate companies in Germany, will replace the position of Lufthansa in the DAX index. Lufthansa’s … [Read more...] about Lufthansa to Leave Germany’s DAX and to Join MDAX Index
Philippine Airlines Sent Warning About Promo Fare Scam
Philippine Airlines posted an advisory yesterday advising the public about fake websites offering old PAL promo fares as low as P80 domestic one-way economy fares and 80% off on economy base fare or International flights. Those fake websites entice the people into thinking that they are legit. Furthermore, they ask private information, including personal details and bank … [Read more...] about Philippine Airlines Sent Warning About Promo Fare Scam
Japan Plans to Pay a Portion of Travelers’ Expenses After Covid19
The pandemic has heavily impacted travel businesses and tourism. Japan is not exempted. The Sakura season is one of the most crowded seasons in Japan. According to a report from Japan Times, April travelers to Japan dropped as much as 99.9% from the previous year. In line with this massive drop of tourists, the government of Japan is planning to boost its domestic tourism by … [Read more...] about Japan Plans to Pay a Portion of Travelers’ Expenses After Covid19