KUALA LUMPUR, Sept 5 (Bernama) -- The Citizenship by Investment (CBI) industry is changing, and its players must look to the next generation to see how it will evolve in the future.
According to a CS Global Partners statement, against a global backdrop of growing political, economic, social and environmental instability, there’s growing interest in investment migration.
CBI programmes have long been regarded as a ‘Plan B’ for unpredictable times. In the turmoil of the 2020s, there will be increasing need for a bolt hole of safety, for those that can afford them.
Millennials and Gen Zs environmental, social and governance (ESG) investing is nothing new, but the complex global problems of the 21st century, such as climate change, are driving the emphasis on sustainability in investment circles.
As societal values shift from ‘me’ to ‘we’, there could be implications for the CBI industry too. The 2020s are likely to see the emergence of a new profile of CBI investor, as millennials and Gen Zs assume positions of influence in political, cultural and economic spheres.
Looking to the future, CBI programmes will represent much more than a ‘Plan B’ escape strategy. The global citizen of the decade to come will be investing in ‘Plan A’ and a more positive future for people and planet.
The world’s most definitive guide on citizenship by investment, the CBI Index, was published on Aug 22, by PWM Magazine, a publication of the Financial Times in collaboration with CS Global Partners and offers readers a view of an industry in metamorphosis.
-- BERNAMA
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