Jersey has raised billions from its low-tax HVR program. Now, deputies debate whether asking wealthy residents for more will scare them away.
The Mauritius Investor program offers immediate PR and a two-year path to a first-rate citizenship in a low-tax, safe, and tropical country.
Vanuatu’s CBI revenue has cratered since the loss of Schengen. A commission has been formed to find out what went wrong – and who is to blame.
Greece’s backlog now numbers nearly 16,000 (about 5,000 main applicants), which, when converted to golden visas, will net billions for Greece.
Canada will raise the number of spots for Startup applicants and prioritize those financially backed. Work permits will be open and last 3 years.
Requests for Portuguese nationality rose 37% to an all-time high of 74,506 in 2022. Authorities approved 98.6% of citizenship applications.
Officials propose to divide MM2H into “Platinum, Silver, and Bronze” categories. Agents association call for merger of MM2H and PViP.
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The UK Supreme Court settles a nearly four-year-old legal dispute over self-serving UK Tier 1 investment structures.
The same governing party that introduced the bill to end the golden visa in the first place is now proposing to keep most of the program.
If the CBI developer itself funds the escrow account, how does the CIU know the CBI applicant actually invested the full amount?
South Korea’s investor visa, which has raised at least US$10 billion in the last 23 years, is doubling the real estate minimum investment.
The government of Serbia, an EU candidate, wants to give immigrants and refugees citizenship after just a year of living in the country.
Jerry Morgan of Mercan, the PGV’s biggest developer, says it’s been a “traumatic” year but that he’s “cautiously optimistic” about the future.
While processing is starting to catch up, Grenada still had a backlog of 1,451 applications worth half a billion (!) USD at the end of Q3.
Many Saint Lucians, Kittitians, and Antiguans will no longer need apply for visas before visiting Canada – presuming they fly in.
Opinion of the editor: How mass-market citizenship by investment would bring about a fairer, freer world for everyone – not just the rich.
Before the new administration took office last year, Saint Kitts & Nevis’ CIP had 95 approved real estate options. Today, it has nine.
The blog (which listed no author and provided no evidence) claimed a former CIU head and the developer he now works for defrauded investors.
Consensus among CBI service providers is that as long as CIUs look the other way and impose no real consequences, the problem will persist.