Hungary is fast-tracking its new golden visa by nine months and will give the program preferential processing in the first two months of 2024.
The owner of a well-known Dominica CBI property is charged, along with a friend, with double homicide and faces a potential death sentence.
Despite sharply falling foreign demand for Turkish real estate, the government reportedly plans to raise qualification thresholds for CBI.
Our guest in this episode, Henry Fan of Globevisa, is determined to do his job to enable freedom of movement for as many people as possible.
Citizenship by descent policies are more valuable than ever, but the process is more complex than most think, writes Patrick McFawn.
The sensitive intel we’ve gathered but cannot publish yet. This special edition of our Private Briefing is twice as big as normal.
“To regulate the industry as a whole may be a good project to have, but I’m not sure it can get off the ground,” author Kristin Surak tells IMI.
The MM2H closed for new applications last month pending revised terms. Stakeholders hope for sharply reduced costs, writes Jolie Zhang.
“I wouldn’t invest my money, seeing that there may be a risk of my golden visa being jeopardized,” says Murat Coskun about hospitality funds.
Turkey and the EU have revived talks regarding a new visa agreement, which could provide a significant economic boost to both.
Throughout the report, FATF suggests corrective measures that are already in place in most RBI and nearly all CBI programs, writes Ahmad Abbas.
Hungary already offers two routes to residency by investment and is about to get a third. Learn about one of the EU’s best residency solutions.
The French court found the two media executives guilty of criminal defamation and imposed a fine and moral damages in favor of Chetcuti.
The program raised more than EUR 400 million from some 1,100 applicants in its short-lived life. Only 484 have been approved so far.
Saint Kitts officials claim the refund-troubles arose from decisions of the former administration. That is not true, writes Maxim Zharkov.
Unprofessional practitioners who tarnish the image of investment migration are an existential threat to the industry, writes Charles Savva.
Resource-independent, far from conflicts, and with some of the world’s simplest migration programs, LatAm has become a flag theory hotspot.
“We are confident that we will prevail in court, given the strength of our legal and factual arguments,” Shah said in a statement to IMI.
CBI due diligence specialist Fabienne de Blois outlines the three critical characteristics of effective applicant vetting.
One client who paid thousands for a “not publicly listed” program had his passport severed upon landing and was stuck in Turkey for months.
“We have incontrovertible evidence of corruption, and we are going after everyone,” says Martinez about his plans for suing in US court.
Hungary’s government, which has an absolute parliamentary majority, has tabled a bill that would open a golden visa in September next year.
We need to stop selling passports and start selling citizenships, argues Nuri Katz, our guest in this episode of the Mobility Standard.
Upper intermediate French, a C$200,000 donation, and a 12-month physical presence requirement are but some of the stricter new requirements.
In an exclusive interview with IMI, St. Kitts & Nevis CIU boss Michael Martin chalks up the delayed refunds to “budgetary adjustments.”
Judging by the headlines, you’d think investment migration was headed for extinction. In reality, it is thriving more than ever, writes Christina Georgaki.
We thought Portugal would abide by its constitution and let bills expire with the government that introduced them. Think again, writes Madalena Monteiro.
Individuals denied citizenship despite paying for it will finally get their money back.
As the government falls, the legislative initiative to end the NHR regime falls with it.
While the NHR is ending, a new special regime looks set to incentivize entrepreneurs in the fields of scientific research and innovation.
A two-year investment is a bridge-loan. Serious EB-5 projects need more time and longer investment cycles, argues Siren Chen.
Chris Lennon says he is surprised demand for EB-5 continues “despite the large price increase, long processing time, and uncertainty of approval.”
2023 is, by any measure, already a year of extreme records for Grenada. And that’s before the CIU has processed its backlog worth US$450m.
The new program has a single qualifying option: A fund that will invest in the coconut oil sector to reduce Vanuatu’s reliance on fossil fuels.
“Before, they would stay because they were making a ton of money in China. Now they’re not making as much money. So they’re like, why am I staying again?”
Beyond sharing Portugal’s climate, Latin culture, and Atlantic coastline, Uruguay offers a tax holiday similar to NHR, writes Philippe May.
“I’ve backed entrepreneurs who created new cars and rockets,” says Tesla, SpaceX, and Twitter investor Tim Draper. “Now it’s time to build new countries.”
Hong Kong’s Chief Executive John Lee has confirmed the program’s new price tag and the exclusion of residential real estate.
Golden visas get all the attention. But if you’re looking to relocate to Europe full-time, there’s no need for you to invest anything.
The government aims to hamstring a regime that has successfully raised tax revenue while simultaneously improving the demographic situation.
As conflict rages in the Middle East, a quiet EU country with a flexible residency program is just an hour’s flight away, writes Charles Savva.
Two-thirds of recent capital projects at Grenada’s Ministry of Social Development and Housing were directly financed by the program.
Matías Apparcel laments Portugal’s ending of successful policies, and says they should have allowed golden visa investment in social housing.
Despite gaining approvals and making donations, applicants were retroactively rejected due to their nationalities and are not being refunded.
Realord Group shares a construction update on their Grenada CBI project, the Hartman University Town & Resort.
The Premium Visa Program (PViP), meanwhile, has received an average of under 5 applications a month since opening a year ago.
As it seeks expanded powers to revoke visa-free access from CBI countries, the Commission says a number of them are “under close scrutiny.”
Globevisa provides immigration services. But so do accounting firms like Deloitte, or property brokers like Centaline. What, then, is an immigration firm, asks Henry Fan.
“Every time governments threaten to shut these programs down, there’s a surge of people trying to get through the door,” said Katz.
“A big part of my day-to-day is helping clients understand misinformation they read online,” says Slava Apel.
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Eric G. Major
CEO, Latitude Residency & Citizenship
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