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Glossary

A dictionary of migration, investment and legal concepts — explained briefly and easy to look up.

45 terms

A1 entry

AML and KYCAML and KYC are the two core compliance frameworks in finance and investment migration. AML is anti-money laundering, while KYC is know your…View Definition

B2 entries

BrexitBrexit is a blend of "British" and "Exit", referring to the United Kingdom leaving the European Union (EU). It was a historic…View DefinitionBUIBUI (Boating Under the Influence) is a criminal offence involving operating a vessel while impaired by alcohol or dr…View Definition

C6 entries

Capital Gains TaxCapital Gains Tax is a tax on the profit made when an asset is sold for more than its original purchase price. The assets…View DefinitionCBICBI (Citizenship by Investment) is a route in which a country grants citizenship and a passport to a foreign inves…View DefinitionCECRCECR, short for Cadre européen commun de référence pour les langues (Common European Framework of Reference for Languages), is the standard system…View DefinitionCitizenship by MeritCitizenship by Merit is a mechanism granting citizenship on the basis of merit and contribution to the country, introduced by Malta to replace its previ…View DefinitionConjugal PartnerIn Canada's immigration system, a "conjugal partner" is an important category within the family sponsorship programme, alongside "spo…View DefinitionCPIThe Consumer Price Index (CPI) is the official measure of inflation in New ZealandView Definition

D5 entries

DomicileDomicile is the place a person is legally regarded as permanently settled, that is, the country or territory they treat as their true home and…View DefinitionDue DiligenceDue diligence is the vetting and background verification process that regulators carry out on every applicant in an investment citizenship progra…View DefinitionDWAIDWAI (Driving While Ability Impaired) is a legal term used in certain jurisdictions, such as the State of New York (USA), to describe…View DefinitionDWIDWI (Driving While Impaired/Intoxicated) means driving while impaired or intoxicated, a criminal offence involving operating…View DefinitionDWUIDWUI (Driving While Under the Influence) means driving under the influence. It is a criminal offence involving control of a vehicle while…View Definition

E1 entry

EscrowEscrow is a deposit mechanism in which an independent third party holds the money or assets of a transaction and releases them only once every condition is…View Definition

F1 entry

Freehold and LeaseholdFreehold and leasehold are the two common forms of property ownership across many legal systems, particularly in common…View Definition

G1 entry

Golden VisaGolden Visa is the popular name for residency by investment programmes, especially in Europe, granting residence rights to foreign invest…View Definition

H1 entry

HLPIThe Household Living-costs Price Indexes (HLPIs) measure inflation for each household group in New Zealand, including mortgage interest.View Definition

I1 entry

ILRILR (Indefinite Leave to Remain) is indefinite settlement status in the United Kingdom, allowing a person to live, work and study without…View Definition

J1 entry

Jus soli and Jus sanguinisJus soli and jus sanguinis are the two fundamental legal principles determining which country's citizenship a person holds at birth. Each country cho…View Definition

M2 entries

Mon projet QuébecMon projet Québec is the online system developed by Quebec's Ministry of Immigration, Francisation and Integration (MIFI) to manage and receive applica…View DefinitionMRZA machine-readable passport, abbreviated MRP in English, is a passport format — a travel document that can be r…View Definition

N5 entries

n.e.cn.e.c. is a common abbreviation for "not elsewhere classified", meaning "not classified elsewhere" or "not yet class…View DefinitionNaturalizationNaturalization is the legal process by which a foreign national formally becomes a citizen of a country after mee…View DefinitionNEXUSThe Nexus Card Canada is a card issued under the Nexus programme, a joint initiative between the Canada Border Services Agency (CBSA) and the…View DefinitionNon-DomNon-Dom, short for non-domiciled, is a tax regime for people resident in one country whose legal domicile (domicile) is abr…View DefinitionNSOINova Scotia Office of Immigration (NSOI) is the immigration office of Nova Scotia. It sits under the province's Department of Labour, Skills and Immigra…View Definition

O4 entries

Off-planOff-plan is the purchase of property yet to be built, where the investor signs a contract and pays for a project still under construc…View DefinitionOMVIOMVI (Operating a Motor Vehicle While Intoxicated) means operating a motor vehicle while intoxicated. It is a criminal offence involving…View DefinitionOUIOUI (Operating Under the Influence) means operating a vehicle under the influence, a criminal offence involving control of a vehicle…View DefinitionOWIOWI (Operating While Intoxicated) means operating a vehicle while intoxicated, a criminal offence involving control of a road veh…View Definition

P4 entries

PCCPolice Clearance Certificate (PCC) is a criminal record certificate. It is a mandatory document when applying to immigrate to Canada, used to verify…View DefinitionPERMPERM stands for Program Electronic Review Management.View DefinitionPFLA Procedural Fairness Letter (PFL) is an official document that Immigration, Refugees and Citizenship Canada (IRCC) sends to the…View DefinitionPRTDThe Permanent Resident Travel Document (PRTD) is an important document for Canadian permanent residents (PR) who wish to…View Definition

Q1 entry

Citizenship by DescentCitizenship by descent means a person holds citizenship through the lineage of their father or mother, regardless of where they were born. The legal principle beh…View Definition

R2 entries

RBIRBI (Residency by Investment) is a route in which a foreign investor is granted residence rights in a country in order to…View DefinitionRental YieldRental Yield, or rental return, measures the income from letting a property over one year against its value or purcha…View Definition

S5 entries

SEVISSEVIS stands for Student and Exchange Visitor Information System.View DefinitionDual CitizenshipDual citizenship, or holding two nationalities, is the legal status in which an individual is simultaneously a citizen of two different countries and enjoys the ri…View DefinitionSource of FundsSource of Funds (SOF), or proof of funds, is the set of documents showing that the money used for the investment has a lawful and clear origin. It is…View DefinitionSPASPA (Sale and Purchase Agreement) is the sale contract, a legally binding document setting out in full the rights and obligations of buyer and seller…View DefinitionStamp DutyStamp Duty, or transfer tax, is a tax levied on transactions and legal documents, most commonly property sale contracts. It is…View Definition

T2 entries

Tax ResidencyTax Residency is the legal status determining which country has the right to tax an individual's income and assets. It is…View DefinitionTitle DeedA Title Deed is the certificate of property ownership issued by the land registry, equivalent to the land-title certificate known in Vietnam…View Definition

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