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.
“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.
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.
We need to stop selling passports and start selling citizenships, argues Nuri Katz, our guest in this episode of the Mobility Standard.
In an exclusive interview with IMI, St. Kitts & Nevis CIU boss Michael Martin chalks up the delayed refunds to “budgetary adjustments.”
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.
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.
Hong Kong’s Chief Executive John Lee has confirmed the program’s new price tag and the exclusion of residential real estate.
The government aims to hamstring a regime that has successfully raised tax revenue while simultaneously improving the demographic situation.
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.
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.”
“A big part of my day-to-day is helping clients understand misinformation they read online,” says Slava Apel.
The program has officially raised €7.3bn. But counting the already-made investments still awaiting approval, the total exceeds €11 billion.
Mimoun Assraoui and Eric Major have big plans for Latitude and aim to unite the industry by making the Investment Migration Council more inclusive.