EU Gives Vanuatu 18 More Months to “Fix” CIP Before Enacting Full Suspension of Schengen Visa-Waiver
Vanuatu will actively involve the EU in the process of reforming its citizenship by investment programs to Brussels’ satisfaction.
Vanuatu will actively involve the EU in the process of reforming its citizenship by investment programs to Brussels’ satisfaction.
The Saint Lucia Citizenship by Investment Program’s new bond option is exceptionally cost-effective for larger families, writes NTL Trust.
Investment migration people in the news this week.
Grenada’s CIP set new records for applications, approvals, and revenues. The biggest new record of all, however, is the size of the backlog.
Since the first judge ruled in favor of a golden visa investor last summer, dozens more have been taking the SEF to court – and winning.
The Kawana Bay developers are going ahead with international arbitration, despite the Grenadian government’s willingness to negotiate.
The UK will examine Caribbean CIPs to see if they pose security risks. Antigua & Barbuda’s CIU thinks it will hold up well to close scrutiny.
Remote workers in Portugal – and their foreign employers – must ensure they don’t run afoul of Portuguese labor and tax laws, write Mónica Santos Costa and Tiago de Magalhães.
Arish Capital Partners’ “Liberty Lisbon” project on Avenida da Liberdade sold out in record time. Here’s what they’re developing next.
When Greek Prime Minister Mitsotakis announced the price increase for golden visa real estate in September, investors reacted immediately.
China’s investment migration market is once more booming. South Korea is one of the primary beneficiaries.
Caribbean CIPs remain at the mercy of banks that are often unwilling to cooperate. Why are they not doing more to mitigate the problem?
The fallout from Cyprus’ citizenship by investment scandal continues: 222 individuals have seen their citizenships revoked so far.
Andrew Henderson: “One question I’ve been dealing with for years is ‘how do we get rid of the lowest 20% of clientele?'”
“Most of our clients now pick either the Qualified Investor or Friendly Nations visas,” says Savannah Bruce.
Now that the Chinese investment migration market is recovering, the EU golden visa that most relies on it is bouncing back as well.
Only one in ten Greek municipalities are subject to the new EUR 500,000 golden visa property investment minimum, write Georgaki & Partners.
Investment migration people in the news this week.
The latest IMI Private Briefing with 14 pages of sensitive information, rumors, and unverified claims we can’t publish.
In this final installment, Mel Warshaw and David Lesperance discuss issues around using Portugal as part of a plan to expatriate from the US.
The bill proposes to introduce a tiered real estate acquisition route, new investment options, lower minimums, and procedural improvements.
Americans were the top investor nationality for Portugal’s golden visa in 2022, doubling in numbers from 2021, while fund investment tripled.
Globalization is reversing, history is returning, and the world is becoming a perilous place again. The Western hemisphere will be an exception.
Mel Warshaw and David Lesperance continue to outline uniquely American issues that US taxpayers need to consider when moving to Portugal.
The Digital Nomad Visa trend is booming but RCBI firms are staying away for a perceived lack of margin. That’s a mistake, argues Saahil Menon.
David Lesperance goes on the record with six falsifiable predictions for events he expects in the investment migration market this year.
Ukraine, whiplashing post-pandemic demand, Portugal’s golden visa crisis, and a host of price changes made for a highly eventful year.
The new regulations reduce the minimum investment for real estate, introduce a new bond option, and update a number of fees.
A Chinese developer’s gifting of a new-year’s red envelope with cash to the chairman of Grenada’s CBI Committee does not go over well.
Melvin Warshaw and David Lesperance highlight three uniquely American pitfalls US expats must consider when investing and residing abroad.
New, stricter rules for real estate, significant discounts for the SGF contribution option, a new fee schedule, and new investment options.
E2 country nationals who are not “domiciled” can no longer get E2 visas if they got citizenship by “financial investment”. But what do those terms really mean?
A modest investment at flexible terms enables residency and a path to citizenship in a highly livable country with a tiger economy.
As candidate countries come to terms with the improbability of accession, they’ll be less likely to toe the EU line, argues Saahil Menon.
“I believe this change in the law is open for litigation as it radically affects property rights,” writes LP Legal’s Ece Selin Temel.
“If there is no residence by investment programme, [investors] will simply ignore the country,” Silva warned.
Slava Apel: Canada’s Startup Visa is the “most viable and direct path to Canada PR” and the “most profitable program” for immigration firms.
“With 93.8% of shareholders stating their interest in retaining shares beyond the holding period, we believe we are on the right track,” said Gregor Nassief.
Municipalities in Greater Athens, Thessaloniki, as well as on two of the islands, will cost more next year. The transition starts in May.
Many Spanish speakers in Latin America assume their European foothold should start in Spain. For most, however, Portugal is a better option.
The new CIU chief says he plans to assess the status of the CIU, introduce new investment options, and redefine the program’s target clients.
The Greek golden visa is becoming more expensive and Portugal’s may be on its way out. That combination is driving a surge in Greek GV applications.
PM Drew also said “hundreds of millions of the CIP funds were abused by the previous administration,” thus reducing the profit margin.
The act would make E2 visas available to CBI-origin citizens only if they have been “domiciled” in their new country for minimum three years.
Even if Grenada receives no new applications, it can still reach – and exceed – its target by merely processing its existing caseload.
Meanwhile, Dominica’s incumbent DLP won 19 out of 21 seats in this week’s general election, which was boycotted by major opposition parties.
Immediate PR, citizenship in 3 years, free movement in most of South America, and birthright citizenship make for an interesting proposition.
In January, Latitude and RIF Trust, in conjunction with the Investment Migration Council, will be hosting the first 2-Day Residency and Citizenship by Investment Summit at the Kimpton Seafire Resort & Spa in Grand Cayman.
Meanwhile, the number of golden visas issued to American applicants has tripled in the same period. That is unlikely to be a coincidence.
“This appointment is very important for St Lucia. RIF Trust and Latitude are significant players[…],” commented the Hon. Dr Ernest Hilaire.
IMI Club members-only benefits:
“Thanks to IMI Club, I am never that one guy in the meeting that hasn’t heard about the latest RCBI program price cut or rule change. Getting those regular alerts is simply necessary for me to stay on top of this rapidly-changing market.”
Eric G. Major
CEO, Latitude Residency & Citizenship
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