The future of IT & AI

-
Image
 In the not-so-distant future, the world of IT will have undergone a seismic shift. Gone were the days of traditional employment, where companies hires full-time employees to fill specific roles. Instead, the gig economy had taken over, and IT professionals will be embracing the freedom and flexibility that cames with freelancing. Companies had caught on to the benefits of project-based hiring, where they could tap into a global talent pool and scale up or down as needed. Job postings  floated online, and skilled freelancers would bid on projects that matches their expertise. Seasoned IT professionals, making the transition to freelancing in these  years, builds reputations on these  platforms like Toptal and Upwork, and their calendars will always be filled with exciting projects. Skilled  IT engineers helps big compernies to launch their new products. Their projects, some  complex, with tight deadlines, and the clients willing to pay top dollar for the ri...
Post a Comment

Big increase in people looking to leave South Africa

-

 


17 July 2021

The recent violence combined with the tardiness of the government’s Covid-19 vaccination programme has led to a spike in demand for second residency and citizenship programs, says Nadia Read Thaele, founder of LIO Global.

The current crises have further compounded the rising crime and security concerns of recent years, Read Thaele said.

“People want to live and work in a safe environment and are looking for the mobility that a second passport offers,” she said.

“As the epicentre of the coronavirus meets the brunt of the violent protests in Gauteng and KZN, the vulnerability of South Africans is called into question.

“Dual citizenship not only provides the safety and peace of mind that many look for, but also secures their investment into politically and economically stable countries.”

Read Thaele said that the countries that her firm works with which have Citizenship by Investment (CBI) programmes, pointed to a spike in people urgently looking for a Plan B option, namely dual citizenship or alternative residence.

She said that people are feeling nervous and dual citizenship offers easier travel despite lockdown conditions.

According to a recent New World Wealth report, about 4,200 super-wealthy have left SA since 2010, and Read Thaele said the number of families looking for second residency and citizenship options continues to increase dramatically.

“There are many residency and CBI options available to South Africans including European countries such as Portugal, Malta, Greece, Spain, Italy and Belgium.

“Most require a real estate investment and have complex requirements should you wish to acquire citizenship as they are geared at offering residency. Malta for example also has a citizenship programme, in addition to its residency programme, but it requires a substantial investment upwards of R17 million.”

Read Thaele said that the more accessible options are those offered by the Caribbean countries such as Grenada, St Kitts and Nevis, Dominica, St Lucia and Antigua and Barbuda, which offer a direct route to citizenship and a passport, as opposed to just residency.

They do not require any period of residency or visits to the country and offer a quick route to a second passport in under six months. There are also no language requirements, and the countries are tax-friendly jurisdictions.

Read: Economic impact of riots and looting in South Africa and wider emerging problems

Must Read

Comments

Post a Comment

Popular posts from this blog

MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions

-
Image
  USINESS REPORT COMPANIES MultiChoice’s black economic empowerment scheme is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. Picture: Karen Sandison/African News Agency(ANA) MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions By Edward West   Feb 16, 2021 CAPE TOWN - PHUTUMA Nathi, the MultiChoice black economic empowerment scheme of more than 80 000 shareholders, is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. “This money belongs to our shareholders. We’re calling on them to contact us to get their money. In these tough economic times we want to do everything in our power to give them what is rightfully theirs,” Phuthuma Nathi chairperson Mandla Langa said in a statement yesterday. Phuthuma Nathi has been paying dividends every year since the start of the scheme in 2006. Am...
Read more

Car Hijackings in South Africa.

-
 Being a resident of the South African Community, l have came to realize that in some cases we have Car hijackings that will leave one to wonder what will have happened and where did those robbers comes from. The events unfold in a very fast and violent  manner which no-one will be prepared for. Its so traumatic, horrific and in some cases individuals end up loosing their lives.  l realized that these individuals who carry out such bad things works with someone who either will be seeing you close by or else you will be drinking on the same counter in a bar and he is relaying the information to those waiting for you outside. It's so unfortunate that some people that we meet are not there for the social life that you go for. They are on a mission to take you down. It is difficult to raise public awareness and advise people to be vigilant. However a few tips can try to raise awareness such as if you see that you are being followed drive to the nearest police station. In publ...
Read more

MOTORS MARINE MAY 7, 2021 Boat of the Week: This 171-Foot Super-Luxe Sportfishing Yacht Is the Largest in the World

-
Image
  The epic vessel is a 30-knot "battlewagon" designed to chase marlin, swordfish and sailfish. It's also decidedly lavish. By  HOWARD WALKER           Courtesy Vripack To hook the world’s biggest fighting fish, in the words of Chief Brody in the classic 1975 movie  Jaws , “You’re going to need a bigger boat.” Privately owned  fishing  boats won’t come any bigger than this astonishing 171-foot super-luxury sportfisherman, set to claim the title of “World’s Largest Sportfish Superyacht.” Designed by Dutch naval architects  Vripack , and soon to start construction at the Royal Huisman yard in the Netherlands, Project 406 as it’s currently codenamed, will be a 30-knot “battlewagon,” designed to chase marlin, swordfish and sailfish to the ends of the earth. “Project 406 is a sportfishing machine on steroids,” Vripack co-creative director Bart M. Bouwhuis told  Robb Report . “It has the proportions of a typical American sportfishing ...
Read more