After Three Years of Decline, Australia’s SIV Program Regains Momentum
The program’s largest fund manager says that, thanks to non-SIV follow-up investments, total FDI arising from the program may be close to A$50 billion.
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Editor’s Picks
Greek Govt. Tables Lump-Sum Tax of as Little as €25,000 For Qualified Investors
Greek Prime Minister Mitsotakis means business: Invest half a million; pay 100,000 in tax. Invest 1.5 million; pay 50,000. Invest 3 million; pay 25,000.
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Grenada CIP Revamps Application Procedures to “Drastically Reduce Processing Times”
Grenada is simplifying documentation requirements, re-structuring the procedural steps, and implementing automated solutions to catalyze their processing.
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The Jho Low Cyprus Case: What We Know and What We Don’t
The big story in investment migration this week involves Jho Low, Cyprus’ government, private business, due diligence providers, and even the clergy.
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Three More Hotels Slated for Montenegro CIP Approval in Coming Weeks
So far, the Montenegro CIP has had only one approved development. But many more are slated for CIP-designation in the weeks and months to come.
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EESC Echoes Eur. Parliament’s “Phase-Out” Call – “Intellectually Disingenuous,” Says IMC
The IMC expresses chagrin at being excluded from consultations on a report it says was “hijacked by ill-informed, unaccountable third party organizations.”
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Portuguese Govt. to Review Residence by Investment Program
Portugal’s government wants to channel more golden visa funds into non-real estate projects to address concerns about housing costs. That will not be easy.
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Slowing Demand and Potential Greek CIP Have Cyprus Developers On Edge
“We are barely able to sell one passport a month,” said the chairman of the Association of Property Valuers, Polis Kourousides last week.
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Greek Capital-Region Immigration Offices Not Taking Any New Golden Visa Applications
Immigration offices in the capital region are turning away applications due to a lack of capacity. Fortunately, regional offices are picking up the slack.
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Preliminary Data Points to Record Year for Residence by Investment in Europe in 2019
In terms of revenue, 2019 will see EU programs raise at least EUR 5 billion – beating its own previous record by 43%.
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The Relative IM Market Share of Residence, Citizenship, and Entrepreneur Programs
Investment migration now provides residency and citizenship to around 125,000 people a year. But which subcategory – CIPs, RIPs, or SUVs – absorb the most?
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Cypriot MPs Once More Calling for Publication of Investors’ Names
MP George Perdikis has tabled a bill that would see CIP-applicants’ names published. Data Protection Commissioner Loizidou is again compelled to intervene.
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App. Backlog Nears 20,000 for Australia’s Business Innovation & Investment Visa
Close to 80,000 investor migrants and dependents have obtained Australian visas under the BIIP, but 18,682 applicants are “in the pipeline”.
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More Than 15,000 People Now Hold Greek Residence by Investment Permits
The Greek golden visa program is raising capital to the tune of EUR 15-20 million a week, most of it attributable to Chinese investors.
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Chetcuti Speaks Out: “We Categorically Deny All The Allegations and Insinuations”
In an unequivocally worded public statement, Dr. Chetcuti addresses the allegations raised against his firm and person in a French TV-report last month.
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The Wait is Over: Montenegro CIP Opens For Applications, First Submissions Yesterday
Concessionaire firms indicated pent-up demand for the most anticipated citizenship by investment programs of recent years would now be unleashed.
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Turkey CIP Astounds: Nearly 10,000 Citizens by Investment in 12 Months Says Interior Ministry
2,611 investors and 7,351 dependents have obtained citizenships by investment under Turkey’s CIP since the price cut in September last year.
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How Many m2 of Property Do Residence by Investment Programs Buy You in Europe?
Adjusting for differences in minimum requirements, you’ll get three times as many square meters in the cheapest market as in the most expensive.
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Malta IIP Suspends Chetcuti Cauchi’s License Over Hidden Camera Incident: “Gross Misrepresentation,” Says Licensee
The firm is now suspected of influence peddling. The video, however, provides no incriminating evidence of such behavior whatsoever.
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Reader Mailbox #3: Why Isn’t Latin America a Bigger Market for Investment Migration?
Two chief explanations exist as to why Latin-America, home to some 600,000 HNWIs, is not a region of focus for most big investment migration firms.
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