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Book part
Publication date: 27 September 2021

Isobel Kamber

This chapter aims to critically access the Tier 1 (Investor) visa’s effect on the conceptualisation of the British Migration system. The scheme offers an exclusive route to…

Abstract

This chapter aims to critically access the Tier 1 (Investor) visa’s effect on the conceptualisation of the British Migration system. The scheme offers an exclusive route to temporary residency in the UK in return for a £2 million investment in Britain. It is contended that the government have consistently underestimated the continual detrimental effects of offering such a scheme due to their overarching pursuit for economic gain. As such, the scheme has imparted social disadvantage, highlighting the prevalence of inequality and the existence of a hierarchy of desired migrants. Furthermore, it is asserted that the investor scheme is facilitating threats to the public’s safety, exemplified in the recent Salisbury Novichok attacks. However fundamentally, this chapter will seek to illustrate that the Tier 1 (Investor) visa has commodified the UK’s migration system, bestowing investors with a ‘golden ticket’ and in turn disregarding the needs of the UK’s citizens.

Details

Privatisation of Migration Control: Power without Accountability?
Type: Book
ISBN: 978-1-80117-663-7

Keywords

Expert briefing
Publication date: 18 October 2022

The amendments aim to attract highly skilled workers and entrepreneurs with significant assets. These are part of a wider set of changes introduced over the past two years in an…

Details

DOI: 10.1108/OXAN-DB273425

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 12 June 2023

João Fragoso Januário, Carlos Oliveira Cruz, Humberto Varum and Vítor Faria e Sousa

From the perspective of housing affordability, Portugal is an interesting case study, considering that Portugal ranks 5th in terms of price-to-income ratio and has experienced…

Abstract

Purpose

From the perspective of housing affordability, Portugal is an interesting case study, considering that Portugal ranks 5th in terms of price-to-income ratio and has experienced, since 2015, a significant increase in real estate prices.

Design/methodology/approach

The provision of housing is a critical social development factor. With the growing worldwide urbanization and the demand pressure over real estate in many cities, the problem of affordability has gained increase attention by policy makers. Housing affordability is hardly a new topic from a literature perspective, but the recent post-pandemic worldwide inflation growth has re-centered affordability as key topic in the housing agenda. This paper provides a comprehensive overview on past literature and a detailed analysis on the Portuguese market at the municipal level, by analyzing the changes in housing affordability in recent years.

Findings

Despite this growth, overall, affordability has improved. The study also shows the importance of municipal-level analysis, given the significant geographical differences. The authors' study confirms that many municipalities, outside metropolitan areas, exhibit low levels of affordability. Nevertheless, markets with higher average real estate values tend to exhibit even lower affordability, outpacing the higher levels of income.

Originality/value

Previous studies have focused on affordability issues on a national or highly aggregated level or focusing only on the two largest metropolitan areas in the country. This paper provides a deeper understanding on the inequalities of housing affordability between Portuguese municipalities.

Details

Property Management, vol. 41 no. 5
Type: Research Article
ISSN: 0263-7472

Keywords

Book part
Publication date: 4 November 2021

Iordanis Katemliadis and Andreas Papatheodorou

The tourism industry in Greece has come a long way since its beginning as a distinct economic activity to reach the recent impressive results. It is a sector that has grown…

Abstract

The tourism industry in Greece has come a long way since its beginning as a distinct economic activity to reach the recent impressive results. It is a sector that has grown remarkably and became a major source of growth for the Greek economy. As such this chapter aims to discuss the importance and the potential of the sector, the unique characteristics of the Greek tourism industry and the future challenges ahead. Tables and suitable graphics are provided to visually enhance and inform the discussion. A wide range of articles, journals, books, and electronic sources has been reviewed to present as accurately and up to date information as possible. This chapter can therefore prove useful for academics and non-academics to use it as a reference point for the tourism sector in Greece.

Details

Modeling Economic Growth in Contemporary Greece
Type: Book
ISBN: 978-1-80071-123-5

Keywords

Article
Publication date: 6 May 2021

George Pavlidis

To critically examine recent developments and proposals for the regulation and supervision of ‘golden passport’ and ‘golden visa’ investment schemes in Europe. We argue that FATF…

Abstract

Purpose

To critically examine recent developments and proposals for the regulation and supervision of ‘golden passport’ and ‘golden visa’ investment schemes in Europe. We argue that FATF standards constitute an appropriate response to money-laundering risks associated with such investment schemes, but the EU needs to introduce further common rules, safeguards and control mechanisms in the aftermath of the recent scandal in Cyprus.

Design/methodology/approach

This paper draws on reports, legislation, legal scholarship and other open-source data to examine golden passport and golden visa investment schemes in the EU.

Findings

The EU has to forge a common approach to mitigate money-laundering risks associated with golden passport and golden visa investment schemes, taking into consideration the FATF standards.

Originality/value

This is the first study examining golden passport and golden visa investment schemes in the EU in the aftermath of the Cypriot scandal and proposing the overhaul of the EU legal framework in this regard.

Details

Journal of Investment Compliance, vol. 22 no. 2
Type: Research Article
ISSN: 1528-5812

Keywords

Article
Publication date: 27 September 2023

Nguyễn Thanh Hoàng

This paper aims to introduce a growth comprehensive pattern to explain the phenomenon of individual foreign investment, first at the global level and then at the regional level…

Abstract

Purpose

This paper aims to introduce a growth comprehensive pattern to explain the phenomenon of individual foreign investment, first at the global level and then at the regional level. The patterns are developed based on a number of main theories with grounded theory (GT) as the foundation, distributed on the two pull and push forces of international business theory and migration theory; simultaneously, it is classified on the three levels (attribute–consequence–value [ACV]) of means-end theory.

Design/methodology/approach

An embedded method is applied to generate two complementary datasets from two approaches: in-depth interviews and secondary data analysis.

Findings

In this structure, the investor plays a central role as the decision-maker based on the entrepreneur's motives for internationalization (economics-driven and psychology-driven factors) and the householders' motives for emigration (aspiration and access capabilities). The external forces considered are a push from the home country (structures) and pull from the host country (immigrant investment programs [IIPs]), in which the factor of (dis)trust/misconception as a moderator has an additional impact on this mobility. Demographic factors such as gender, region, generation/age, level of education, religion and occupation generally describe the characteristics of each specific target group.

Research limitations/implications

This paper is to develop a conceptual framework.

Originality/value

The results of this study, in addition to fulfilling its own objectives, will also serve as the foundation for further research in several scientific fields such as economics, sociology and politics.

Peer review

The peer review history for this article is available at https://publons.com/publon/10.1108/IJSE-12-2022-0786

Details

International Journal of Social Economics, vol. 51 no. 5
Type: Research Article
ISSN: 0306-8293

Keywords

Expert briefing
Publication date: 28 March 2022

Pressure is rising to close so-called golden visa schemes, heavily used by Russians, that give wealthy investors the right to live, work and engage in business in the EU. The…

Article
Publication date: 23 August 2022

Sanjay Nadkarni and Inam Haider

The paper researches the actions taken by United Arab Emirates (UAE) industry stakeholders in response to the COVID-19 pandemic to mitigate impact, ensure continuity and target…

Abstract

Purpose

The paper researches the actions taken by United Arab Emirates (UAE) industry stakeholders in response to the COVID-19 pandemic to mitigate impact, ensure continuity and target growth. More specifically, the focus is to investigate innovations adopted across hotel brands, both, local and international, and the UAE Government's policies that have created an enabling ecosystem for such innovations.

Design/methodology/approach

Using an exploratory analysis technique, the paper provides a socio-economic, scientific and economic overview of the UAE and then proceeds to highlight the zeitgeist in the context of the hospitality and tourism industry. The impact of COVID on the industry is discussed and stakeholder feedback is solicited and analyzed to gauge the variety of innovations adopted to address the pandemic induced challenges.

Findings

A key finding of this research indicates that proactive government policies have enabled the hospitality and tourism industry to stay viable and perform better than their counterparts in most destinations. The “innovate or perish” mindset spurred by the pandemic is evident in the variety of innovations adopted by hotel brands in the UAE. Another key finding is that digital transformation, operational efficiency and sustainability are the innovation drivers in hospitality.

Originality/value

Using the UAE as a case in point, the study highlights the importance of an innovation mindset which the hospitality and tourism industry needs to embrace in order to tide over the crisis triggered by the pandemic.

Details

Worldwide Hospitality and Tourism Themes, vol. 14 no. 6
Type: Research Article
ISSN: 1755-4217

Keywords

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