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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Europe
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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Up 80%: Approvals for Spain’s Residence by Investment Program Hit All-Time High in H1 2019
The record numbers make Spain’s golden visa Europe’s second most popular such program in H1 2019, surpassed only by Greece.
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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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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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Cyprus Luxury Home Sales Slump on Introduction of CIP Contribution Requirement
Following the Cypriot citizenship by investment program’s introduction of a €150,000 donation requirement in May, luxury property sales in Cyprus have taken a hit.
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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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Portugal Residence by Investment Approvals Hit 12-Month Low in September
Approved applications cratered by 49% compared to August and investments fell from some EUR 83 million to EUR 49 million, figures released today reveal.
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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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Greek Govt. Reportedly Weighs Golden Visa Price Doubling, Compulsory Stay
Unconfirmed reports indicate Greece will double its minimum investment requirement, introduce compulsory stays, and mandate minimum spending.
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Ius Agrariare: Montenegro CIP Sets Rules for Citizenship by Agriculture, Fisheries, and Wood Processing Investments
Europe’s newest CIP has formalized the requirements for citizenship by investment in agriculture, fisheries, and wood processing.
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IMC Suspends Individual Memberships of Chetcuti Executives, ORiip to Review All Files
The Investment Migration Council has suspended the individual memberships of Dr. Jean-Philippe Chetcuti and Keith Camilleri. “On 26 September 2019,
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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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Revenue From Portugal’s Residence Program Exceeds Half a Billion Euros in First 8 Months of 2019
By the end of August this year, Portugal’s residence by investment program, the Golden Visa, had raised EUR 553 million, statistics released by the SEF today show.
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More Unconfirmed Reports on Greek Citizenship by Investment Plans Surface, This Time With Details
All reports so far point to plans of a Greek CIP that, by virtue of its investment requirements, would compete directly with that of Cyprus.
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NBLO: Bulgaria’s Investigation of Improperly Obtained CBI Citizenships a Welcome Development
The investigations show Bulgaria isn’t the soft underbelly of Europe and improves the value of the country’s citizenship, writes Ivan Petrov of NBLO.
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Bulgaria to Cancel Citizenship of 8th CIP-Investor in Three Months
The office of Bulgaria’s Prosecutor-General has uncovered eight instances of fraudulently obtained citizenships over the last three months, with several
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The Tax and Price Advantages of Picking Madeira For Portuguese Residence by Investment
Not only is corporate tax 76% lower on the island; real estate prices are still well below their pre-crisis peak, writes economist Miguel Pinto-Correia.
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Greek Govt. Planning a Citizenship by Investment Program, Unconfirmed Reports Say
Greece’s new center-right government is the reported main catalyst of the plans, which would take direct aim at Cyprus’ market share.
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UK Tier 1 Investor Visa on Track to Raise £1 Billion in 2019 – Record Interest From Hong Kong in Q2
Not since the entry price was half of today’s – five years ago – have more Hongkongers obtained UK Tier 1 Investor visas in a single quarter.
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