Details Emerge on Russia’s Planned Golden Visa Program: Investments Starting at $130,000
The Ministry of Economy has offered a first glance at precisely under which conditions it will grant residency in exchange for investment.
Read more
Europe
Everything You Need to Know About the New Maltese Exceptional Investor Naturalization (MEIN) Regulations
See requirements and forms, procedures, the code of conduct, the licensing requirements, the policy handbook, and analysis of the MEIN here.
Read more
Malta Ready to Defend Citizenship-Sovereignty in Court, Establishes New Agency to Handle RCBI Applications
“Malta is willing to take all legal paths to ensure nationality and […] will defend this position even if the case is taken to the ECJ,”
Read more
Italy’s September Amendments to “La Dolce Visa” Finally Makes it a “Real Golden Visa”
No more physical presence requirements and the possibility to apply and invest through a company rather than as an individual.
Read more
As FDI Grows 13% YoY, Turkey’s Challenge to China’s Manufacturing Dominance Continues
Turkish CBI providers report sharply increased demand from both remote and touring clients, which they expect to continue throughout 2021.
Read more
Second Wave Stymies Portugal Golden Visa Investment in October
Presuming the COVID flare-up is the primary cause of the slowdown, golden visa investment volumes are unlikely to recover before 2021.
Read more
Google’s Ex-CEO Becomes Cypriot Through Citizenship by Investment Program
Nuri Katz: “Schmidt cannot travel to Europe. He’s like everybody else — like a lot of other high-net-worth people who want to have options.”
Read more
Portugal to Allow Birthright Citizenship From Tomorrow: Major Win for Golden Visa
Starting tomorrow, children born to a foreign parent who has lived in Portugal for a year will be eligible for citizenship at birth.
Read more
Applications Worth EUR 1.5 Billion Pending For Cyprus CIP Following Last-Minute Deluge of Filings
In the 18 days between the suspension-announcement and the deadline, Cyprus’ CIP received an additional 105 citizenship applications.
Read more
“Investment Migration Under Threat in EU”: A Q&A on Infringement Procedures With Bruno L’ecuyer
IMC-boss Bruno L’ecuyer explains how infringement procedures work, how common they are, and what they will mean for Malta and Cyprus.
Read more
As Cyprus’ CIP Officially Closes, Ministry Says No Deadline Extensions
As the Cypriot program comes to an end, hundreds of applications remain outstanding.
Read more
Commission’s Letter “More Political Than Legal,” Says Malta Citizenship Secretary Muscat
Secretary Muscat is annoyed at comparisons to Cyprus and that he can find no legal reasons to end citizenship by investment in Malta.
Read more
Flawed RCBI Due Diligence: An Indictment of Due Diligence, Not of RCBI
Roderick Cutajar asks: International banks are used for money laundering. Will the European Commission demand a “phase-out” of banking?
Read more
MEPs Aim to Wrest Naturalization Powers From Member States – Genuine-Links Doctrine Contradicts EU Law Says IMC
Legal scholars, the IMC, and Malta signal fierce resistance as Brussels aims to seize powers of naturalization from EU member states.
Read more
Kochenov: Commission Would Likely Be “Humiliated” If CIP-Matter Goes to Court Over “Genuine Links”
MUST-READ: Prof Kochenov delivers a scathing rebuke of the Commission’s infringement action: “Unquestionably ultra vires and absolutely unacceptable.”
Read more
How CBI-Specific Investment Assets Can Create a Moral Hazard Situation
To reduce the room for government officials to trade favors, let CBI-applicants invest in open markets, write Petrov, Shoylev, and Bekyarova.
Read more
European Commission Launches Infringement Procedures Against Cyprus, Malta Over CIPs
Cyprus and Malta must now provide “satisfactory” answers within two months or see the matter referred to the European Court of Justice.
Read more
The Two Chief Vulnerabilities of Cyprus’ CIP: One Easily Fixed, The Other Intractable
Cyprus’ CIP may yet re-emerge in a more robust form. Steven M. Pepa highlights the two weaknesses the program should tackle first.
Read more
L’ecuyer: Suspending Cyprus CIP is “Right Thing to Do” – Expect Re-Launch in “Near Future,” Says Program Expert
Allegations, demonstrations, resignations, and investigations: Cyprus reels from the Al-Jazeera bombshell and heads have begun to roll.
Read more
BREAKING: Cyprus to Terminate Citizenship by Investment Program on Nov 1st
The decision came after an emergency cabinet meeting that followed the publication of an undercover recording of several senior politicians.
Read more