63 Portugal Golden Visa Investors Have Sued Govt. Over Delays: 18 Have Won So Far
Since the first judge ruled in favor of a golden visa investor last summer, dozens more have been taking the SEF to court – and winning.
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Europe
Digital Nomads Relocating to Portugal: 3 Tax and Legal Pitfalls Foreign Employers Must Avoid
Remote workers in Portugal – and their foreign employers – must ensure they don’t run afoul of Portuguese labor and tax laws, write Mónica Santos Costa and Tiago de Magalhães.
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Cyprus Has Revoked 222 CBI-Origin Citizenships – So Far
The fallout from Cyprus’ citizenship by investment scandal continues: 222 individuals have seen their citizenships revoked so far.
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Vote on Bill to Bring Real Estate Option, Lower Investment Minimums for Italy’s Dolce Visa Likely This Year
The bill proposes to introduce a tiered real estate acquisition route, new investment options, lower minimums, and procedural improvements.
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Portugal Golden Visa 2022 Results: Most Approvals Since 2018, Americans Top Investor Nationality
Americans were the top investor nationality for Portugal’s golden visa in 2022, doubling in numbers from 2021, while fund investment tripled.
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The 36 Municipalities Where Greek Golden Visa Min. Investment Will Be EUR 500,000 Next Year
Municipalities in Greater Athens, Thessaloniki, as well as on two of the islands, will cost more next year. The transition starts in May.
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Portugal Golden Visa Fund Investment Has Quadrupled in Just Two Years
Meanwhile, the number of golden visas issued to American applicants has tripled in the same period. That is unlikely to be a coincidence.
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The Complex Portugal Golden Visa Property Investment Rules, Explained Once and For All
Thomas K. Running has devised a tool to determine whether, and at which price, a particular property in Portugal qualifies for a golden visa.
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Europe’s ETIAS Keeps Getting Postponed: Good News for CBI Countries?
Initially slated for introduction almost two years ago, ETIAS – flagged as a potential threat to CBI – has been postponed many times.
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Portugal Golden Visa Lives to See Another Budget as Parliament Votes Against Closing Program
The ruling Socialist Party, despite the comments from its leader PM Costa earlier this month, will not be closing the program next year.
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Number of Americans Getting Portugal Golden Visas on Track to Double in 2022
While American interest keeps growing, Chinese demand is rebounding. So far in 2022, they have gained, respectively, 174 and 175 approvals.
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How Spain’s New Startup Law Impacts Digital Nomad, Non-Lucrative, and Golden Visas
Spain’s new Startups Law, slated to take effect in January, will bring improvements for more than just digital nomads, writes Oriol Molas.
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EU Commission’s ECJ Case Against Malta is a “Dangerous Abuse of Power,” Says IMC in Statement
In a formal statement, the IMC characterizes the Commission’s case against Malta as “an attack on” and “violation of” fundamental EU rights.
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Portugal’s PM Says Govt. Considers Closing Golden Visa
PM Costa told reporters today that Portugal’s golden visa had likely already “served its purpose” and may no longer be “justified”.
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Ireland Immigrant Investor Applications on Track to Quadruple in 2022 Amid Unprecedented Demand
Ireland’s Immigrant Investor program has been receiving applications out of all previous proportion so far in 2022.
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Albania “Should Refrain” From Opening a Citizenship by Investment Program, European Commission Reiterates
The European Commission again cautions Albania “as a candidate country” not to open a CIP, a warning the country has already brushed off.
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Portugal’s Plans to Tax Crypto Next Year Are Not Such Bad News, Won’t Affect Golden or D7 Visa Demand, Argue Local Attorneys
Portugal’s Parliament is likely to approve new crypto taxes in November. Looking beyond the headlines, however, that’s actually good news.
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9 Months Into 2022, Investment in Portugal Golden Visa Already Exceeded Last Year’s Total
Demand from China is also back in force, and Chinese applicants may yet rob Americans of the 2022 top investor nationality title after all.
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European Commission Refers Malta to Court of Justice Over MEIN Policy
Malta has consistently said it would be prepared to defend its position on CBI in Court. Soon, it will have the chance to do just that.
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Greece Golden Visa: New EUR 500k Min. to Apply Only in Big Cities, Ritzy Suburbs, Transition to Begin Next Year
Investors will have until next year, at least, to file under the current EUR 250k threshold, and changes will only apply in parts of the country.
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