Editoria e Media
Arton Brings CIP Industry to Brussels
While representing the citizenship industry and navigating between different member states and European institutions, Arton aims to facilitate communication with European decision makers and share its wealth of expertise and industry knowledge to a proposed Expert Group composed of EU Member State representatives.
" said Armand Arton , Founder and President of Arton Capital. " ."
Following the European Commission's Report on Investor Citizenship and Residence Schemes in the European Union, adopted on January 23, 2019 , Arton Capital has reinforced its efforts to make the industry more transparent, with improved policy making, and greater due diligence.
Overall, the Commission's report concluded that the best way to guard against the concerns associated with residency or citizenship schemes is to ensure clarity in procedures and responsibilities as well as transparency through regular monitoring and reporting. The Commission also announced its plan to set up an Expert Group, primarily from the ministries of justice, to look at potential risks and work on ways to improve transparency and governance.
In a series of meetings ahead of the first reunion of the expert group on Friday, April 5 , Armand Arton and Lora Georgieva , Chief Operating Officer of Arton Capital, together with Steven Corcoran , Advisor of European Affairs, met with different stakeholders, permanent representatives and other interested parties in Brussels . This includes the office of the EU Commissioner for Taxation and Economic Affairs, the permanent representations of Finland , Greece , Ireland , Luxembourg , Portugal , Slovakia , Spain , and the missions of USA and Montenegro to Brussels .
Alongside sharing best practices on program management, data exchange, independent screening of candidates, and reporting, Arton Capital is putting forward the introduction of a 'Global Citizen Tax'— a contribution levied on wealthy migrants to help cope with the challenges of hosting and integrating refugees in Europe . Though this concept can be embraced at an EU level, it can only be implemented nationally. Arton estimates that such contribution could potentially raise more than €1 billion over five years. Following a positive response, a second meeting with the Expert Group is scheduled for the beginning of July.
Arton Capital takes its leadership position in the global citizenship movement with great responsibility. As a trusted partner and expert to more than 11 countries around the world, including the Governments of Quebec (Canada ), United States , Antigua and Barbuda , Portugal , Bulgaria , Cyprus and Montenegro , Arton has helped attract more than US$4 billion in foreign direct investment in the last five years.
Arton Capital is a leading government advisory firm focused on attracting foreign direct investments to countries by designing and implementing investor programs for residency and citizenship.
Arton empowers individuals and families to become Global Citizens by investing in second residence and citizenship through a bespoke service experience which simplifies complexity and is built on confidentiality and trust.
Founder of the Global Citizen Forum and the Global Citizen Foundation , Arton Capital is a member of The Arton Group , whose mission centers around products and services tailored to the needs of Global Citizens.
Arton is registered with the EU Transparency Register under #157988534103-89.
For further information go to www.artoncapital.com or contact: Mr. Rupert Wright , Chairman, Ashbright, +44 7557 371908, rw@ashbright.com