Moldova’s New Governing Coalition Causes Uncertainty About CIP’s Future
Moldova’s new ruling coalition has explicitly stated that it intends to repeal the program.
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Europe
Whatever Happens After Brexit, Irish Passports Will Have a Unique Advantage
In a post-Brexit world, Ireland’s newly affirmed agreements with the UK will maintain close ties between the two countries and give the Irish passport an unusual place in the RCBI landscape.
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645 Investors and 2,042 Family Members Received Greek Golden Visas in First Half of 2019
On an annualized basis, this equates to an 8% drop in main applicants, but a 35% increase in total visas, indicating prodigious family size growth.
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UK Tier 1 Investor Visa Reform: “Not Much Has Really Changed,” Says Yazdi
Confusion regarding the recent UK Tier 1 reforms had led to a surge in applications but practical consequences for investors were limited, said Yazdi.
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Malta’s Golden Visa Has Received 1,600 Applications, But Backlog is Growing Due to Agents’ Sloppy Filing
Some 1,000 applications remain unprocessed due to missing documentation. To tackle the backlog, the MRVA will no longer accept incomplete applications.
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L’ecuyer: “Shocked and Alarmed” at MEPs’ Misconceptions of IM Industry
The IMC’s chief executive says “there is a very big misunderstanding of what this industry is all about” but thinks the reshuffling of the European Parliament is a unique chance to set the record straight.
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Portugal Golden Visa Investment Tumbles 32% on Year in May
May 2019 figures from Portugal’s Borders and Immigration Service (SEF) reveal a sharp decline in interest in the country’s golden visa program compared to May last year. Overall, both investment and visa approvals are down some 32%. Compared to April, interest declined only slightly in May; the SEF approved 82 applications (92 in April) and
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Moldova CIP’s 250,000 Real Estate Option Just Months Away – Only Completed Projects Qualify
Moldova’s CIP is about to launch its real estate investment option, priced at 250,000 regardless of family size. Off-plan investments are ineligible, and all sales agreements are subject to independent evaluation.
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Rozakis: The Greek Golden Visa – NOT The Portuguese – Is The World’s Best
Mahmoudi maintains that Portugal has the world’s best golden visa. In response, Rozakis lists the reasons why that is not the case.
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452 Applications, 54 Approvals: Irish Investor Program Grappling With Processing Times
Unless authorities return to processing at an acceptable rate soon, Ireland could be looking at a 72% year on year drop in program revenue this year.
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New Record for UK Tier 1 Investment in Q1 as Suspension-Scare Boosts Applications by 42%
Not since the investment requirement was half what it is today has the UK Tier 1 Investor Visa seen more applications than during Q1 2019.
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Moldovan Foreign Minister: By Boosting Development, CBI Shortens Distance to EU
Moldova’s Foreign Minister indicated that the CIP does not interfere with the goal of one day joining the EU – rather the opposite – and that he’s glad to have had private-sector partners to help structure the program.
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Montenegro Eyes Ski Resort as Setting For CIP’s First Approved Real Estate Project
CBI real estate doesn’t necessarily have to come with beach cabanas and fruity cocktails; For Montenegro’s upcoming citizenship program, the probable location of its first approved project is a quiet mountain town.
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Moldova’s Citizenship Program Has Received 23 Applications so Far, State News Agency Reports
Yesterday, IMI reported that Moldova has already granted its first citizenship by investment. Today, Iulia Petuhov, Deputy Director of the Public Services Agency, the CIP’s processing body, informed local press that prospective investor citizens had submitted 23 applications so far. As expected, today’s press statement contained no identifying details about the so-far only person to
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IMC-Chief on Brussels Meeting: “Commission Deserves Credit for Inclusive Approach”
Attendees expressed optimism following the European Commission’s stakeholder meeting on investment migration in Brussels today
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Moldova Has Granted First Citizenship by Investment, Gazetted Presidential Decree Shows
By presidential decree, Moldova has granted the first citizenship by investment to a main applicant, according to the government’s Gazette.
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Portugal’s Golden Visa on Track to Raise a Record Billion Euros in 2019, Show Q1 Figures
After nothing but decline in the first three months of 2019, the investment volume trend turned upward in April. In the year’s first quarter, the Golden Visa program raised EUR 249 million.
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Montenegro CIP Finally Picks Official Due Diligence Providers
After rejecting all 13 companies that applied to become the Montenegro CIP’s official provider of due diligence services in March this year, the government’s Secretariat for Special Projects has announced that it received 11 correctly filed applications by the April 1st deadline, from which it has selected two companies, one based in Canada, the other
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While EU Worries About Handful of CIP Investors, Millions Get Non-CIP Citizenship Without Vetting
Peter S. Vincent throws the real European security threat into stark relief: The 99.9% of annual new EU citizens that don’t come through CIPs are hardly checked at all.
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Investment Migration Stakeholders Surveyed Ahead of European Commission Meeting on RCBI
Civiquo are calling on industry stakeholders to share their views ahead of next week’s European Commission stakeholder meeting on investment migration.
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