Gantenbein: “Lebanon is very interesting from a location point of view.”
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The number of affluent Lebanese inquiring about a second citizenship or overseas residency has nearly doubled since the outbreak of the conflict in Syria, says Marco Gantenbein, a private client specialist in residence and citizenship planning.Saudis, on the other hand, top the list when it comes to nationals of GCC countries seeking residence abroad. However, in the case of nationals of Gulf countries, the motives behind the decision to invest in overseas residency programs differ, Gantenbein says. The Portuguese Golden Residence Permit Program, which was launched in 2012 to attract foreign direct investment into the country, is a five-year investment-based residence program for non-EU nationals.With the concept of residence and citizenship planning gaining more interest in recent years, Henley & Partners has established presence in over 20 countries worldwide.Gantenbein says Henley & Partners might expand its presence in the Middle East beyond Dubai to have an office in Lebanon.
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