- Holborn Assets is expanding its Residency and Citizenship Investment division due to the rising popularity of 'Golden Visas'.
- Holborn has appointed Pablo Ostrick as the Managing Director of its citizenship investment unit, Holborn Pass.
- The revenue from high-net-worth clients is expected to increase as Holborn plans to hire 25 more advisers this year.
Golden Visa – a term that has been trending lately within the wealth management industry. For those unaware, a "Golden Visa" refers to a government-approved initiative that offers citizenship or residency to individuals in exchange for an investment in the country's economy. Good examples of these investments include capital transfers, job creation, real estate purchases, or even cultural contributions. Given the current global climate – political unrest, mobility restrictions, and stricter citizenship rules, more and more people are seeking alternative ways to secure a comfortable lifestyle for themselves and their families. This is where firms like Holborn Assets come in.
Dubai-based wealth advisory firm Holborn Assets, recognizes the current trend and is set to seize this burgeoning market by expanding its Residency and Citizenship Investment (RCI) division. With an already impressive $3bn of client assets under management, Holborn Assets plans to further their foothold in this growing industry. Their strategy is not only an exciting opportunity for the firm, but it also offers a solution for high-net-worth individuals seeking to diversify their investment portfolios while securing excellent living standards and freedom of movement.
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