The UAE firm expands to the largest investment migration market in the world after its recent expansion in the UAE
Key Points:
- continues its worldwide strategic expansion plan with two new offices and key appointments in China
- RIF Trust has partnered with China Offshore to successfully enter the Chinese market and to grow their brand awareness
- China is the largest investment migration market with spending of over $44 billion on residency by investment
Dubai, United Arab Emirates: RIF Trust, part of the Latitude Group, an international leading residency and citizenship by investment advisory, expands to China. Starting from December 2020, RIF Trust will operate two new offices in Hong Kong and Shanghai as part of its worldwide strategic expansion plan.
The two new offices in Hong Kong and Shanghai will provide RIF Trust’s clients and its B2B partners with the required on-the-ground support for individual consultations, application care, events and seminars.
The Shanghai Office is located at 5A01 Wanshili Tower 1378 Lujiabang Road, Huangpu District, Shanghai, China 200011, while the Hong Kong Office is located at 7F, K11 Atelier, Victoria Dockside, 18 Salisbury Rd, Tsim Sha Tsui, Hong Kong.
RIF Trust has appointed Aleksandra Smolen in Hong Kong and Emily Chen in Shanghai as Business Development Directors responsible for promoting RIF Trust’s extensive portfolio of residency and citizenship solutions in the ever-important Chinese market.
Aleksandra Smolen has over six years of experience in the investment migration industry. Prior to joining RIF Trust, she managed operations in China for an American firm specializing in the US EB-5 programme, then later became a director for one of the largest Chinese intermediaries and established their Hong Kong office. Aleksandra is fluent in Polish, English and Mandarin Chinese.
Emily Chen has over eight years of experience working for two of the largest immigration agencies in China. She has assisted hundreds of Chinese in obtaining residency in North America, Europe and Asia as well as citizenship in the Caribbean and Europe. Emily is fluent in English, Russian, Mandarin Chinese as well as several local Chinese dialects.
Over the three past decades, the investment migration industry has seen continued growth in China with more than 57,000 Chinese spending over $44 billion for residency by investment, making China the world’s largest market in this industry.
The deregulation of the investment migration industry in 2018 created a market gap for a government-approved service provider that can deliver local expertise with an international reach.
To grow its brand awareness in China, RIF Trust has partnered with China Offshore, a professional network firm headed by Managing Director Matthew Sumner and General Manager Nick Parrish based in Shanghai. China Offshore supports an extensive network of professionals in the fields of corporate services, fiduciary services and investment migration by providing them with latest market analysis and by organizing networking events and assisting their clients with remote lead generation.
Mimoun Assraoui, RIF Trust’s CEO and Vice Chairman of Latitude Group, commented on the expansion into China, “we are pleased to announce this expansion. Since 2018, our merger with Latitude has brought us exceptional international growth, and today we expand to the largest investment migration market in the world.”
China Offshore’s Managing Director Matthew Sumner added: “China Offshore is pleased to be helping RIF Trust enter the Chinese market. Over the last ten years, we have supported our partners across a series of channels including events, online, print and remote lead generation services. We look forward to connecting RIF Trust with our Chinese network and have them offer their extensive residency and citizenship solutions.”
About RIF Trust:
Founded in the financial heart of Dubai, RIF Trust is a leading international residency and citizenship by investment advisory. In 2013, the company was born from the need to provide greater freedom to travel and to expand businesses abroad for High Net Worth Individuals and their families. The name RIF Trust is inspired by the mountainous region of North Africa, a place known for its people with high moral standards and the desire to explore.
RIF Trust is a government-approved partner and an authorized agent of the world’s most powerful citizenship programmes including Antigua & Barbuda, Dominica, Grenada, St Kitts & Nevis, St Lucia, Vanuatu, Portugal, Malta & Cyprus.
In 2018, RIF Trust merged with Latitude Limited to expand internationally to over 14 different countries, including Anguilla, Brazil, Canada, Cyprus, Germany, Lebanon, Malta, Montenegro, Morocco, Pakistan, Portugal, South Africa, South Korea, UAE, UK and Vietnam.
RIF Trust employs over 80 industry professionals globally that provide clients with innovative programme solutions in the Caribbean, Europe, and North America, competitively priced services and local expertise with a global reach.
