The Investment Migration Knowledge Platform
After accumulating a hefty backlog over the last two years, the Department of Justice have sped up case-handling considerably in the last two months.
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Confusion about the Moldova CIP has been widespread this week. IMI explains what’s really going on and what the possible outcomes are for the program.
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Following a record first six months of 2018, approvals slumped in the second half. But the program still raised nearly a billion euros last year.
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Moldova’s new ruling coalition has explicitly stated that it intends to repeal the program.
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In a post-Brexit world, Ireland’s newly affirmed agreements with the UK will maintain close ties between the two countries and give the Irish passport an unusual place in the RCBI landscape.
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On an annualized basis, this equates to an 8% drop in main applicants, but a 35% increase in total visas, indicating prodigious family size growth.
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Confusion regarding the recent UK Tier 1 reforms had led to a surge in applications but practical consequences for investors were limited, said Yazdi.
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Some 1,000 applications remain unprocessed due to missing documentation. To tackle the backlog, the MRVA will no longer accept incomplete applications.
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The IMC’s chief executive says “there is a very big misunderstanding of what this industry is all about” but thinks the reshuffling of the European Parliament is a unique chance to set the record straight.
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May 2019 figures from Portugal’s Borders and Immigration Service (SEF) reveal a sharp decline in interest in the country’s golden
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Moldova’s CIP is about to launch its real estate investment option, priced at 250,000 regardless of family size. Off-plan investments are ineligible, and all sales agreements are subject to independent evaluation.
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Mahmoudi maintains that Portugal has the world’s best golden visa. In response, Rozakis lists the reasons why that is not the case.
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Unless authorities return to processing at an acceptable rate soon, Ireland could be looking at a 72% year on year drop in program revenue this year.
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Not since the investment requirement was half what it is today has the UK Tier 1 Investor Visa seen more applications than during Q1 2019.
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Moldova’s Foreign Minister indicated that the CIP does not interfere with the goal of one day joining the EU – rather the opposite – and that he’s glad to have had private-sector partners to help structure the program.
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CBI real estate doesn’t necessarily have to come with beach cabanas and fruity cocktails; For Montenegro’s upcoming citizenship program, the probable location of its first approved project is a quiet mountain town.
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Yesterday, IMI reported that Moldova has already granted its first citizenship by investment. Today, Iulia Petuhov, Deputy Director of the
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Attendees expressed optimism following the European Commission’s stakeholder meeting on investment migration in Brussels today
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By presidential decree, Moldova has granted the first citizenship by investment to a main applicant, according to the government’s Gazette.
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After nothing but decline in the first three months of 2019, the investment volume trend turned upward in April. In the year’s first quarter, the Golden Visa program raised EUR 249 million.
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