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Europe

Europe 

63 Portugal Golden Visa Investors Have Sued Govt. Over Delays: 18 Have Won So Far

January 28, 2023January 28, 2023 Christian Henrik Nesheim bettino zanini, club, europe, golden visa, lawsuit, portugal, residence by investment, SEF

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

January 25, 2023January 25, 2023 Mónica Santos Costa club, digital nomads, europe, portugal, tax

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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Europe 

Cyprus Has Revoked 222 CBI-Origin Citizenships – So Far

January 19, 2023January 19, 2023 Christian Henrik Nesheim cbi, cip, citizenship by investment, club, cyprus, europe, revocation

The fallout from Cyprus’ citizenship by investment scandal continues: 222 individuals have seen their citizenships revoked so far.

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Europe Policy Updates 

Vote on Bill to Bring Real Estate Option, Lower Investment Minimums for Italy’s Dolce Visa Likely This Year

January 11, 2023 Christian Henrik Nesheim bersani, club, dolce visa, golden visa, italy, marco bersani, policy updates, residence by investment

The bill proposes to introduce a tiered real estate acquisition route, new investment options, lower minimums, and procedural improvements.

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Europe Intel & Data 

Portugal Golden Visa 2022 Results: Most Approvals Since 2018, Americans Top Investor Nationality

January 9, 2023January 9, 2023 Christian Henrik Nesheim club, data, europe, golden visa, portugal, residence by investment, statistics

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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Europe Policy Updates 

The 36 Municipalities Where Greek Golden Visa Min. Investment Will Be EUR 500,000 Next Year

December 15, 2022December 15, 2022 Christian Henrik Nesheim alexander varnavas, club, europe, golden visa, greece, greek, policy updates, real estate

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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Europe Intel & Data 

Portugal Golden Visa Fund Investment Has Quadrupled in Just Two Years

December 7, 2022December 7, 2022 Christian Henrik Nesheim club, data, fund investment, golden visa, portugal, residence by investment, statistics

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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Europe 

The Complex Portugal Golden Visa Property Investment Rules, Explained Once and For All

December 2, 2022December 2, 2022 Thomas Running club, europe, golden visa, portugal, residence by investment, thomas running

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 

Europe’s ETIAS Keeps Getting Postponed: Good News for CBI Countries?

December 1, 2022December 1, 2022 Christian Henrik Nesheim club, etias, EU, europe, european commission, schengen

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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Europe 

Portugal Golden Visa Lives to See Another Budget as Parliament Votes Against Closing Program

November 23, 2022November 23, 2022 Christian Henrik Nesheim club, europe, golden visa, politics, portugal, residence by investment

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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Europe Intel & Data 

Number of Americans Getting Portugal Golden Visas on Track to Double in 2022

November 19, 2022November 19, 2022 Christian Henrik Nesheim club, data, europe, golden visa, portugal, residence by investment, statistics

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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Europe Policy Updates 

How Spain’s New Startup Law Impacts Digital Nomad, Non-Lucrative, and Golden Visas

November 17, 2022November 17, 2022 Oriol Molas analysis, club, digital nomad visa, digital nomads, europe, golden visa, oriol molas, policy updates, residence by investment, spain, startup

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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Editor's Picks Europe 

EU Commission’s ECJ Case Against Malta is a “Dangerous Abuse of Power,” Says IMC in Statement

November 13, 2022November 16, 2022 Christian Henrik Nesheim citizenship by investment, club, genuine links, IMC, infringement, investment migration council, malta, MEIN, sincere cooperation

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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Europe 

Portugal’s PM Says Govt. Considers Closing Golden Visa

November 2, 2022November 2, 2022 Christian Henrik Nesheim club, europe, golden visa, portugal, residence by investment

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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Europe Intel & Data 

Ireland Immigrant Investor Applications on Track to Quadruple in 2022 Amid Unprecedented Demand

October 24, 2022October 26, 2022 Christian Henrik Nesheim club, data, europe, golden visa, ireland, ireland immigrant investor programme, residence by investment, statistics

Ireland’s Immigrant Investor program has been receiving applications out of all previous proportion so far in 2022.

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Europe Industry Trends 

Albania “Should Refrain” From Opening a Citizenship by Investment Program, European Commission Reiterates

October 13, 2022October 16, 2022 Christian Henrik Nesheim albania, cbi, cip, citizenship by investment, club, europe, european commission, malta

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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Europe Policy Updates 

Portugal’s Plans to Tax Crypto Next Year Are Not Such Bad News, Won’t Affect Golden or D7 Visa Demand, Argue Local Attorneys

October 12, 2022October 16, 2022 Christian Henrik Nesheim club, crypto, cryptocurrencies, d7, golden visa, patricia valadas coriel, pedro catao pinheiro, portugal, tax

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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Europe Intel & Data 

9 Months Into 2022, Investment in Portugal Golden Visa Already Exceeded Last Year’s Total

October 8, 2022October 8, 2022 Christian Henrik Nesheim club, data, europe, golden visa, portugal, residence by investment, statistics

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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Europe 

European Commission Refers Malta to Court of Justice Over MEIN Policy

September 29, 2022September 29, 2022 Christian Henrik Nesheim citizenship by investment, club, europe, european commission, malta, MEIN

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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Europe Policy Updates 

Greece Golden Visa: New EUR 500k Min. to Apply Only in Big Cities, Ritzy Suburbs, Transition to Begin Next Year

September 26, 2022September 26, 2022 Christian Henrik Nesheim club, europe, golden visa, greece, greek, policy updates, residence by investment, risvas, varnavas

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.

Read more
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