Cyprus’ Citizenship Program Risks Falling Victim to Geopolitics
Daniel Lucas: Al Jazeera’s series caused a mild political crisis in Cyprus and threatened the future of the CIP. What’s beneath the surface?
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Europe
Why Malta’s IIP and RVP Should Allow Participants to Own Investments Indirectly, Through Trusts or Foundations
Why deny MRVP/MIIP investors the possibility of segregating their investment migration assets, ask Davinia Cutajar and Charlotte Attard.
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European Commission to “Analyze” Malta’s CIP Extension Plans
The Commission wants genuine links in the form of several years of residency. That is precisely what a CIP cannot ask of its participants.
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Malta IIP Suspends License of Company Implicated in Kickback Allegations
As four-year-old allegations are revisited by a magisterial inquiry, a major MIIP-advisor finds its license suspended pending an outcome.
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EU-Member Slovenia to Evaluate Citizenship by Investment
Slovenia’s new “debureaucratization-czar” has formally proposed, to the government that appointed him, that Slovenia consider a CIP.
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The Portuguese Golden Visa Market Has Bounced Back – The Greek One Has Not
While approvals for Portugal’s golden visa are already back on track for a statistically normal year, those of Greece have halted.
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Investors Have Already Spent Half a Billion Euros on Portuguese Golden Visas This Year
Investor migrants injected 496.7 million euros in Portugal during the first eight months of 2020. Chinese now make up only 1 in 4 investors.
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Property Owners Fret Over Inability to Visit New Homes in Greece and Get Their Golden Visas
Many bought qualifying homes in 2019 and were awaiting approvals. Now, they’re out EUR 250,000 and unable to enter Greece.
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Cyprus’ Spat With Al-Jazeera Takes on Geopolitical Overtones
Cypriot authorities react to what they consider an injustice; pointing out procedural weaknesses long-since acknowledged and dealt with.
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Pandemic Brings UK Tier 1 Investor Visa Applications to Halt in Q2
Not since Q3 2008 has the Home Office approved fewer applications for Tier 1 investor visas in the UK.
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“Neither Fair Nor Helpful”: Reactions to Al Jazeera Report on Cyprus
Al Jazeera names disreputable individuals who received citizenships under the country’s CIP during a period in which vetting was lax.
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Cyprus Gazettes New CIP Regulations: Donation Amount Raised, Parents-in-Law Welcomed
Lawyer and Cyprus CIP expert Eleni Drakou provides a detailed explanation of the program’s new regulations, which took effect this Tuesday.
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PAIIR: Lawyers Launch Investment Migration Association for Portugal
Lawyers Sara Sousa Rebolo and Vanessa Rodrigues Lima have founded Portugal’s first investment migration industry association: PAIIR.
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IMC Welcomes Council of Europe’s Report on Investment Migration
The implication of the report’s recommendations for regulation and common standards is that investment migration is a legitimate business.
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35% of Portugal Golden Visa Applicants Have Chosen “Alternative” Investments in 2020
The number of investors choosing the EUR 350,000 Investment Fund option is up 400% since last year, even with five months left in 2020.
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The Protracted Demise of Latvia’s Golden Visa
Once first among its European equals, Latvia’s golden visa has languished since 2014. 93% of the program’s total FDI stems from before 2016.
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Home Office Encourages Hongkongers to Come to the UK Now and Apply for Leave at Border
“Now that China, through its actions, has changed the circumstances that BN(O) citizens find themselves in, it is right that we should change the entitlements which are attached to BN(O) status.” said the Home Secretary.
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Malta Govt. in Talks With Henley & Partners Over Concessionaire’s Future Role
In the event of early termination of the concessionaire’s contract, the Maltese government would be liable for losses incurred.
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Greece to Target Foreign Pensioners With 7% Flat Tax to Bolster Economic Recovery
The Ministry of Finance has tabled a law that would offer a flat tax of 7% for foreign retirees who transfer their tax residence to Greece.
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The Bulgarian LLC-Investment Route to EU Citizenship in Five Years
There’s more to Bulgarian citizenship by investment than government bonds, write Nevena Bekyarova and Kamen Shoylev.
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