Cyprus Golden Visa: No More Senior Dependents, Annual Proof of Income and Investment
Investors will no longer be able to include parents or in-laws and must show proof of maintained income and investment every year.
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Author: Ahmad Abbas
“At The Moment, Yes, We Have a Problem”: Investment Migration People in The News This Week
“The rich will anyways get from point A to point B […]. So, removing the price they have to pay, it’s a lost financial opportunity.”
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Antigua High Court Rules Choksi Allowed to Remain Despite Govt’s Wish to Deport Him
To the consternation of local authorities, the fugitive diamond merchant will be permitted to remain in Antigua & Barbuda for now.
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Active Investor Visas: 5 Lessons to Ensure Profitability and Client Satisfaction
Governments increasingly balk at passive programs but welcome active investor visas. Ahmad Abbas explains how to successfully pivot to AIVs.
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NZ Investor Visa Reform “an Embarrassment” That Shows “Gross Negligence From the Govt.”: IM People in the News This Week
“I call it gross negligence from the government to allow this to happen to something that was really important to the economy.”
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Portuguese President Calls Housing Bill “Unfeasible”, Indicates It is Unlikely to Go Through
Characterizing the bill as “inoperable from start to finish”, President de Sousa indicated it was unlikely to pass in its current form.
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Grenada: Buyers of Illegally Discounted CBI Real Estate Could Lose Citizenship
Rebates and buybacks constitute “illegal discounting” and can result in de-licensing for developers and revoked citizenships for investors.
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26 Cypriot Law Firms Investigated For CIP-Related Compliance Violations: Five Already Found Guilty
The Cyprus Bar Association said it had found many instances of inadequate KYC/AML procedures and had already collected EUR 200,000 in fines.
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Caribbean PMs Agree to “6 CBI Principles” Proposed by US Govt, Full Suspension of Russians From March 31st
The CIPs agreed to, among other things, coordinate country bans and applicant denials. The US, in turn, will put in a good word with Brussels.
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UK Minister Confirms CIPs Are “Being Looked At”, Fears Visa-Waiver “Backdoor ” to UK
“We simply cannot have visa waivers with backdoor economies,” said the UK Security Minister, with reference to CBI programs.
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St Kitts & Nevis CIU Changes its Mind on CBI Real Estate Re-Sales, Issues New Set of Regulations
Merely seven weeks after issuing changes to its program, St Kitts & Nevis’ CIU has released a new raft of changes, including some reversals.
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Saint Lucia CIP Cuts Minimum Investment for Real Estate, Introduces New Bond Option
The new regulations reduce the minimum investment for real estate, introduce a new bond option, and update a number of fees.
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Unsung IM Programs Part 4: Philippines Special Investor Residence Permit (SIRV)
A modest investment at flexible terms enables residency and a path to citizenship in a highly livable country with a tiger economy.
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Unsung IM Programs Part 3: Brazil’s Permanent Residence Investor Visa (VIPER)
Immediate PR, citizenship in 3 years, free movement in most of South America, and birthright citizenship make for an interesting proposition.
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Australia’s New Home Minister Hints She May Close Significant Investor Visa Program
“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.
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Thailand’s Low-Tax “Long Term Resident” Visa Opens Next Month: How Does it Compare to Elite Residence?
HNWIs under 50 will have to make a careful cost-benefit analysis when choosing between the Long Term Resident and Elite Residence visas.
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Full House: St. Lucia Becomes 5th Caribbean CIP to Suspend Russians, Belarusians
Two weeks after Dominica’s CIP became the first in the Caribbean to suspend Russians and Belarusians, Saint Lucia becomes the 5th and final.
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Caribbean CIPs Issue Suspensions on Russians, Belarusians, And Even Ukrainians
Russian applicants are now suspended from three Caribbean CIPs, Belarusians from two, and Ukrainians from one.
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Unsung IM Programs Part 2: France’s Talent Passport – Business Investor
France’s EUR 300,000 active investor visa offers a straightforward path to EU citizenship but only to those willing to live and pay tax there.
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Unsung IM Programs Part 1: Andorra Residence Without Lucrative Activity
In this first installment of a new series about less-known investment migration programs, Ahmad Abbas evaluates Andorra’s golden visa.
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