Greek Golden Visa Non-Real Estate Investment Thresholds Changing on March 31st
Fund investments become cheaper and are likely to become more popular with the expected introduction of higher real estate minimums.
Fund investments become cheaper and are likely to become more popular with the expected introduction of higher real estate minimums.
“I signed the contract for my first condo in Thailand in 2009 – when I was 18 years old,” says Reid Kirchenbauer about how he got started.
If the European Council and Parliament agree on the proposal, the EU will have a mandate to suspend visa-free access for CBI countries.
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IMI Pro Csaba Magyar provides a comprehensive overview of how real estate fund investments work for Hungary’s new Guest Investor Program.
Malaysia is in the midst of its third MM2H revision in as many years. Some 56,000 participants remain active, nearly half of them Chinese.
“The most likely scenario is now a EUR 400,000 threshold for most of Greece, and EUR 800,000 in places like Athens,” says Alexander Varnavas.
Some 70,000 HNWI must reconsider their residency in the UK now that the non-dom regime is ending. These Western European countries will be hoping to absorb the exodus.
Following the example recently set by the UK, Ireland imposes visa restrictions on nationals of CBi countries Dominica and Vanuatu.
EU Law Firm provides an overview of the Latvian Golden Visa’s investment categories and highlights the benefits of each one.
“As long as one has enough money and the right connections, it is possible to negotiate citizenship in many places.”
As CBI programs worldwide face pressures to root out bad actors, Malta’s response signals a willingness to rescind rights when warranted.
After 225 years of helping Britain attract global wealth, the non-dom regime will end next year – ironically, thanks to the Tories.
16 countries have formal citizenship by investment programs, but hardly a dozen get any attention. Here’s why we never hear about the other four.
The government has also issued detailed stipulations for how investors must allocate the HKD 30 million.
“Some in the industry see [war] as an opportunity to push global mobility assets, ignoring the bigger picture,” says Aran Hawker.
Ana Sofia Lamares explains how millions of people worldwide can proceed to claim Portuguese citizenship through their grandparents.
Germany’s residence by investment programs offer unique, flexible, and simple paths to EU residency, write SRG Real Estate Solutions.
Third-party databases are critical to the due diligence process but have limitations only human sources can help CIUs overcome, writes Fabienne de Blois.
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Optylon Krea details the bright future of the Portuguese Golden Visa and advises investors on how to navigate the changes to the program.
Dominic Volek of Henley & Partners says Brics is “challenging the world order and establishing itself as a powerful rival to the G7 […].”
Antoine also says “excruciating delays in processing […]send the wrong message to the industry and impact clients’ trust in the sector.”
If the court says taxing unrealized capital gains is constitutional, more Americans will give up their citizenship. Ditto if it goes the other way, says David Lesperance.
Even after the close of the NHR regime, certain groups still qualify for low taxes in Portugal. Among them: All HQA visa holders.
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But golden visa experts question what “date of application” means in practice and whether the law will help those who have already started the process.
“The investment fund category was gaining steam long before the government decided to abolish real estate investments,” explains Pedro Lino.
The news is likely to vex golden visa developers who had pivoted to neighborhoods near – but not within – Athens, like Piraeus.
Panama’s retirement visas have never been this popular, while demand for the investment-based FNV remains stable despite the higher price.
“Everyone needs to pitch in for it to work,” and “choosing the wrong partner can derail all the good work you’ve done,” says Kemal Nicholson.
At current processing rates, it will take Ireland’s Justice Department at least a decade to clear the backlog.
Canadians have flocked to the E2 visa to escape Covid restrictions, cold weather, and high taxes, say Angie Rupert and Patrick Findaro.
Kristin Surak: “people are trying to hedge their bets against an authoritarian regime or an uncertain future.”
Bulgaria’s golden visa is the only one in the EU that requires no physical presence for purposes of naturalizing after five years.
Anastasia Barna: “Sudden and miscommunicated developments have confused RCBI facilitators and affected all major RCBI outbound markets.”
PM Mitsotakis will also consider the opposition’s proposal to oblige golden visa investors to put their properties up for long term rental.
Conflicting media reports about whether Australia’s BIIP is closed or still open have confounded the market. James Hall clears up the confusion.
Get Golden Visa’s new report, “Get A Look Ahead: 2024,” provides insights into what awaits the Portuguese Golden Visa in 2024.
Russians have historically made up more than half of all Latvia Golden Visa applicants. Since 2022, the program has had to do without them.
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Charles Savva advocates for a more constructive resolution of the tensions between Caribbean CBI countries and the EU: A CBI partnership.
Adriano Vieira: “Although RCBI is by far the safest form of immigration […], it is usually negatively portrayed in the media.”
Raising prices wouldn’t improve CBI integrity. But it would put CBI out of reach for many, and steer FDI away from the Caribbean, argues Kemal Nicholson.
Europe’s most beautiful country also happens to be home to the continent’s easiest, quickest, and lowest-risk investor visa.
Application volume for Greek golden visas nearly doubled last year, despite price hikes. Now, the government plans to raise prices again.
If Eurocrats really cared about maintaining Caribbean CIP integrity, they would focus on due diligence rather than prices, writes Nuri Katz.
“If you have reason to be outside the country for more than the allowed period, the exemption applies,” says Lennon about physical presence.
New data from The Economist indicate shares in Greek companies have been the best-performing golden visa asset over the last year.
Hannah Ma has spent her whole working life with a single firm, focusing on one thing: Helping people relocate to their dream countries.
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Eric G. Major
CEO, Latitude Residency & Citizenship
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