Panama is on track to approve more independent means visas this year than in the preceding three years combined.
Investors will have until next year, at least, to file under the current EUR 250k threshold, and changes will only apply in parts of the country.
Investment migration people in the news this week.
“We, fundamentally, have no issue accepting Russians,” says Saint Lucia CIU head Mc Claude Emmanuel in an exclusive interview with IMI.
“The idea that some magical switch can be pressed to make our economies more palatable [to the West] is a myth,” writes Kenneth Green.
“It is a visa program that I think isn’t adding value to the country,” said the Home Affairs Minister in a recent press conference.
Caribbean CIPs are forced to fall in line with the demands of the bigger countries or face sanctions themselves, writes Nuri Katz.
Unless the program sees an unseasonably low number of approvals in September, 2022 volume will exceed last year’s total already by the end of the month.
Join Latitude for a day of learning about top tax residency and residence by investment destinations, as well as networking, at London’s L’oscar.
No one became a global success just because they held two passports.
The program’s due diligence partners has assured the CIU that they are once more able to conduct adequate due diligence in Iran.
Volek said the volume of American clients at London-based Henley & Partners makes it the company’s largest market by far.
A Greek golden visa costs $50,000 less than a year ago. Combined with access to the EU and more upside potential, the program has never been more competitive relative to the Caribbean CIPs.
The measure, said Prime Minister Mitsotakis in his speech, would “increase the affordability of real estate for Greeks.”
No more sibling dependents, age restrictions on older dependents, and education requirements for adult children (unless unmarried daughters).
Andrew Henderson says many industry practitioners would do well to engage in more direct, authentic communication.
Industry insiders, however, are not buying the figure, calling it “misinformation” and a practical impossibility.
Get the Greek golden visa in a matter of weeks without any transaction-related costs by investing in a term deposit, writes the Golden Visa Greece team.
While E2 visa appointments are available within days at the US Embassy in, for example, Tokyo, those applying in Paris face a 7-month wait.
While similar to MM2H in most respects, the new program is less restrictive and also considerably more expensive.
The former Arton Capital MP, alongside eight other managing equity partners, hopes to put the spotlight on a range of unsung golden visas.
The government will respect the ruling and is already “looking at another way to offer land and citizenship to investors,” said a spokesman.
Q2 was the lowest-grossing quarter in four years for citizenship by investment in Vanuatu. And it’s likely to get considerably worse.
Hoping to reduce 30-month processing times for business investor visas, Australia’s government is drastically restricting new applications.
Our guest on the Mobility Standard podcast this week is Benjamin Lodmell of asset protection specialist firm Lodmell & Lodmell.
The country believes placing its asset on a blockchain will transform the economy. The first asset to be sold with Sango Coin is citizenship.
Russians and Belarusians are excluded again. The suspension, moreover, will have retroactive effect, going back three weeks.
“There are cheaper, comparatively more beneficial [RCBI programs] in Europe, but the Russians cannot enroll in them due to sanctions.”
The agency preparing the CIP says “the winning company will be chosen based on the expertise and experience it offers in this field.”
Italy’s Dolce Visa has no processing delays, allows for tailor-made investments, and even lets you wait to invest until after approval.
Demand for Turkish CBI still robust, but program’s future isn’t guaranteed. “We may not have a program by this time next year,” says Polding.
HNWIs under 50 will have to make a careful cost-benefit analysis when choosing between the Long Term Resident and Elite Residence visas.
Another exceptional gathering for industry professionals is taking place in Istanbul this fall. Request your invitation today.
The ruling could be “an important precedent and be used as a paradigm to guide the judgment of similar cases,” says the plaintiff’s lawyer.
Qualive has a track record of producing over 20% p.a. returns for investors since 2016. Now, golden visa investors can get exposure to the same performance via fund investment.
And 2022 is poised to be the program’s best year since 2018.
David Lesperance outlines the five carefully planned steps crypto investors must take to successfully upgrade to a better tax jurisdiction.
“[…] China’s investment push, which was understood to be part of ‘a fire sale launched by a desperate government in a bankrupt country.’”
Henderson: Long-haulers see the downturn as” an opportunity to go back to end-of-2020 prices and, essentially, wipe out that tax liability.”
Six consecutive years of growth and thousands of satisfied citizenship by investment clients bear testament to the program’s unique qualities.
Savory & Partners founder Jeremy Savory on running a CBI business in Dubai, becoming a Portugal resident, and the potential of Turkey.
Investment migration firms across the globe are hiring for positions at all levels in some of the world’s most exciting locations.
Lesperance: “Half of my clients are concerned that the Democrats will keep the House [in November]. The other half are concerned they won’t.”
See which RCBI firms are expanding and contracting their global office footprints, as well as which countries they are entering and leaving.
The global number of CBI agents is growing at a decent clip again. Both Dominica and Saint Kitts & Nevis add to their CBI agent blacklists.
Analysts expect “primarily Chinese” investors to take advantage of the program to occupy niches vacated by recently departed Western firms.
“Corporate tax arbitrage is coming under fire and a proposed global flat tax will change the pecking order of advantageous jurisdictions.”
Recent reversals of long-established rights have made progressive-minded Americans wary about the future. Portugal could be the haven they’re looking for, writes Joana Mendonça.
Minimum investment requirements and minimum stay requirements both increase as New Zealand aims for investors who play a more active role.
Choose properties on the open market, switch easily between investments if you later change your mind, and pay the same prices as locals.
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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