$250k limit not open door for residency

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THE government’s decision to place the investment threshold of the Commercial Enterprises Bill to $250,000 was made to prevent a potential run on permanent residency status by investors, Attorney General Carl Bethel suggested in the Senate yesterday.

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Scotiabank formalizes agreement with BBVA to acquire its shares in BBVA Chile

Share TORONTO and NEW YORK, Dec. 5, 2017 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today that Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has formally accepted Scotiabank’s offer to acquire its 68.19% ownership in BBVA Chile, and its interests in certain subsidiaries, for approximately US$ 2.2 billion (CAD$ 2.9 billion). Scotiabank […]