Cyprus Nears Visa Waiver Agreement With USA, Says Foreign Minister
The Cypriot Foreign Minister has told local press he expects new developments this year with regards to a visa-waiver agreement with the United States.
Read more
Europe
French Court Orders TV-Channel to Share Raw Footage From Chetcuti “Sting”
A French criminal court has forced France’s M6, under penalty of daily fines, to share the raw footage, which plainly reveals deceptive editing.
Read more
Greek Golden Visa Has Raised Some €2 Billion From Almost 19k Participants
Having already beaten all European records in 2018, there was little left for Greece to outperform in 2019 but its own achievements, which it did by 34%.
Read more
Portugal Realtors’ Association Urges Caution on Golden Visa Reform
“I would not be shocked if [in Lisbon and Porto], the minimum investment requirement went from EUR 500,000 to EUR 1m,” says the President of APEMIP.
Read more
As Cyprus CIP-Demand Dips, Banks Hesitate to Finance Luxury Towers, But Domestic Demand is Bullish
As CIP-demand slows, luxury developers are most likely to take the brunt of the impact while the overall market continues on a modest upward trajectory.
Read more
1 in 4 Portugal Residence Investors Now Opt for Alternative Assets
The share of investors who pick options other than the conventional EUR 500,000 property purchase has more than tripled in the last three years.
Read more
UK Tier 1 Firms in Hot Water Over Self-Serving Investment Advice
One firm’s director lent more than GBP 100 million to UK Tier 1 applicants on the condition they invest it in a company controlled by his wife.
Read more
Cyprus CIP Agents Have Until Feb 15 to Prove 2013-18 Clients Maintained Investments
Service providers must provide papers proving all their clients going back to 2013 kept their investments according to the requirements by February 15th.
Read more
Court Impels Portugal’s Govt. to Share Detailed Golden Visa Data (Including Some That Don’t Exist)
Transparency International has won a court case that will compel Portuguese authorities to share more data on the golden visa program.
Read more
Montenegro Enacts Crucial Amendment to CIP Rules, Admitting Minor Dependents
Montenegro’s Citizenship Act had a critical inadequacy; it did not allow those minors, or even adult dependents, to obtain citizenship by investment.
Read more
Investor in Portugal Golden Visa Gets Citizenship After Fulfilling 35-Day Stay Requirement
Confirmation of the citizenship route, coupled with Portugal’s likelihood of becoming an E2 country in the near future, will give the program a major boost.
Read more
Moldova Extends Moratorium on CIP
The Ministry of Interior, together with various public institutions, will spend the next 30 days to craft a report for the government, which will subsequently determine the program’s future.
Read more
Malta’s Most Likely Next PM Would “Not Extend MIIP” Before Consulting EU-Institutions
Fearne’s comments mark a departure in stated intentions from Labour; Muscat, two years ago, indicated he was confident the program would be extended.
Read more
Malta IIP 2018-19 Data Show Downward Trend Continuing: Regulator Chides “Unscrupulous” Detractors
The numbers offer but grim reading, as all arrows point downward for the program’s key performance indicators.
Read more
Golden Visa Demand, VAT-Breaks See Athens-Region New Development Area Equivalent to Gibraltar
The Greek property market has taken a drastic turn for the better during 2019, spurred on by a VAT holiday and soaring demand for golden visas.
Read more
Italy’s Investor Visa Could be Europe’s Most Popular if Only it Didn’t Ignore Market Realities
The Italian Investor Visa (IIV) has been around for almost three years without gaining any meaningful traction. Why?
Read more
Commissioner Jourova Hints an Albanian CIP Could Jeopardize EU-Accession
“The Commission monitors investor citizenship schemes in the context of the EU accession process,” said Jourova during an interview with the Albanian press.
Read more
Greek Golden Visa to Surpass 2,000 Main Applicants in 2019, 40% Ahead of Closest EU Competitor
Greece’s residence by investment program is raising €23 million a week. Already Europe’s most popular program by far, its application volumes keep growing.
Read more
Cyprus Citizenship by Investment Program “Sold Out” Until 2021
If you thought backlogs were only a North American residence program phenomenon, think again; Retrogression has arrived in Europe.
Read more
Total Revenue From Residence by Investment in Portugal to Pass €5 Billion Milestone Within Weeks
The milestone has only been reached by three other residence programs in history, but apps. hit a 17-month low in Nov and 2019 income is lowest since 2015.
Read more