The Investment Migration Knowledge Platform
The world of golden visa programs is “a buyer’s market in which Chinese citizens have their pick” says Georg Chmiel, Executive Chairman of Juwai.com.
The “report has shown in crystal clear terms that allegations made on the TV programme were false,” writes Dr. Jean-Philippe Chetcuti in a press statement.
“I strongly believe that this is the right way and this is something we have to do,” said Prime Minister Edi Rama of Albania, referring to plans of a CIP.
After two years on the drawing board, the Greek government yesterday approved a variety of new investment options for its golden visa program.
Saint Lucia’s CIP is growing, but not as fast as some of its neighbors, a state of affairs its head of CIU attributes to the market’s price sensitivity
Three out of four projects so far are in the North, where the required investment is lower. Several more project approvals are expected by the end of the year.
Having reviewed in detail all 164 Malta IIP applications from the firm, ORiip finds that Chetcuti Cauchi is innocent of all allegations brought against it.
These four countries have the necessary economic, demographic, and political ingredients to open Europe’s next citizenship by investment program, writes Ahmad Abbas.
The program’s largest fund manager says that, thanks to non-SIV follow-up investments, total FDI arising from the program may be close to A$50 billion.
“Let them bring their European pensions,” says the Namibian Ministry of Home Affairs.
Portugal’s golden visa program is just EUR 89 million away from passing the 5-billion-euro mark. The champagne-opening could take place as soon as next month.
Greek Prime Minister Mitsotakis means business: Invest half a million; pay 100,000 in tax. Invest 1.5 million; pay 50,000. Invest 3 million; pay 25,000.
Portugal’s recent focus on private equity investment funds for Golden Visas reveal investor migrants are now sensitive to sound tax and exit strategies.
The Cypriot government says it will revoke 26 citizenships granted before 2018. Among the individuals affected are eight Cambodians and one Malaysian.
18,800 main applicants fulfilled the obligations of the QIIP but still await their permanent residence permits, a factor partly motivating the suspension.
Grenada is simplifying documentation requirements, re-structuring the procedural steps, and implementing automated solutions to catalyze their processing.
The big story in investment migration this week involves Jho Low, Cyprus’ government, private business, due diligence providers, and even the clergy.
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A Cyprus newspaper claims the country’s CIP approved fugitive Jho Low in 2015 with the help of Henley & Partners. The firm categorically denies the claims.
Could we soon see the rise of CIPs that apply to cities, rather than to whole countries? One progressive European city provides a template.
