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Global Citizenship: Planning for Sustainable Growth

Global Citizenship: Planning for Sustainable Growth

Pilot Report Proposes Clear Steps to Improve the Governance of Global Residence and Citizenship Programs, commissioned by Arton Capital and the World Economic Forum’s Global Agenda Council on Migration.

Toronto, CANADA – October 2, 2014 – Today, a report jointly commissioned by Arton Capital and the World Economic Forum’s Global Migration Council on enhancing the understanding of global residence and citizenship programs, was released. The report is entitled, Global Citizenship: Planning for Sustainable Growth and was unveiled at the Global Citizen Forum in Toronto.

The pilot report, conducted over six months, consist of four key highlights. First, it is based on a large-scale comparative study, combining data and analysis from a representative range of countries around the world. The report also draws on interviews conducted among a range of stakeholders – and this diversity of perspectives enhances its insights and analysis. Third, the report identifies a methodology for further research in this field. Last but not least, the report proposes ten recommendations, in an effort to improve the governance of global residence and citizenship programs.

“The report is an objective look at the opportunities, as well as the challenges of global citizenship programs,” said Armand Arton, CEO and President, Arton Capital. “It gives a snapshot of the industry and we know that the industry needs to work to improve its current image and fight back existing stigmas. But we also know what great potential lies in these programs, and the impact they have on the economy and the society. This needs to be used and augmented.”

The document evaluates three areas of concern that all immigrant investor programs confront: maximizing economic benefits, maintaining public acceptability, and preserving legitimacy. The findings of the report can be used as the grounds for further research in the filed of governance and management of global citizenship programs.

“It is our hope that other stakeholders will pick up the challenge and commit themselves to further study and reports,” said Khalid Koser, Chair of the World Economic Forum’s Global Agenda Council on Migration, a contributor to the report.

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