Dubai-Firm Duped Investors With $10,000 “Processing Fee” for Non-Existent UAE Citizenship Program
All together now: “The UAE does not have a citizenship by investment program.”
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MENA
UAE’s New Citizenship Law: “Big Questions Unanswered”
The UAE says it will naturalize investors. Industry leaders are cautiously optimistic about the new law, and ready to assist in making it a program.
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UAE Announces Merit-Based Naturalization, Also for Investors, But It’s No CIP
The UAE will begin granting citizenship to investors and specialists. As constituted so far, however, the policy does not amount to a CIP.
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200 Out of 206 Jordan CIP Applications Pertained to “Existing Projects”
This may offer some suggestion as to how a passport that offers 51 visa-free destinations can command average investment of nearly US$7m.
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After Raising AED100 Billion in 1st Year, UAE Extends “Golden Visa” to Doctors, Computer Scientists
The UAE government is extending the welcome under the golden visa to all doctors and a wide range of engineers and scientists.
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Jordan Halves the Price of Its CIP Despite Reported Avg. Investment of US$6.9m
Jordan this week reported its citizenship by investment program has raised US$1.38bn from just 200 investors. Now, they’re cutting prices.
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Asian CIP Investors Drive Manufacturing Boom in Turkey as Sino-US Trade Tensions Grow
As manufacturing in China becomes difficult and expensive thanks to the Sino-American trade war, Turkey’s economy is emerging as a big winner.
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7 Principles Investment Migration Professionals Must Grasp to Succeed in the MENA Region
Principle #3 – Listing the number of dependents is a complicated affair in Polygamous societies.
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Egyptian Cabinet Approves CIP-Law, Formalizes Requirements
Egypt is set to open the world’s 13th formal citizenship by investment program, with minimum investments starting at US$250,000.
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Turkey CIP Astounds: Nearly 10,000 Citizens by Investment in 12 Months Says Interior Ministry
2,611 investors and 7,351 dependents have obtained citizenships by investment under Turkey’s CIP since the price cut in September last year.
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Egypt Moves Closer to CIP-Launch as Parliament Grants Approval In Principle to New Law
What had initially been a residency program with a path to citizenship is shaping up to become a bona fide CIP without the need for a residence period.
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UAE Issues First Golden Visa to Handpicked Sharjah Businessman
Samuel thanked the Sharjah Directorate of Residency for “their initiative to contact him and introduce him to the golden visa system.”
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Saudi Arabia’s New €187,000 Residence by Investment Program Could Raise $10bn a Year, Says Crown Prince
From black gold to golden visas: Saudi Arabia wants to cut reliance on oil and capitalize on its 12 million foreigners by offering them permanent residency.
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21 Citizenships Issued Under Jordan CIP, But Half of Applicants Rejected
Jordan has granted 21 citizenships in exchange for investors since 2018 – mostly to Syrian and Iraqi applicants – but the rejection rate remains remarkably high.
Read moreSaint Kitts CIU Moves to Reassure Market Following Gulf News Rout – “Clients are Concerned,” Says Bayat
“Of course, I’m disappointed and sad that this issue has come to the public attention,” said Bayat during an interview with IMI at the Investment Immigration Summit in Dubai this weekend.
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Persecuted Egyptian Activist Asks Online Followers’ Help to Get Dominica Citizenship by Investment
Human rights advocate Sherif Gaber tells the harrowing story of how Egyptian authorities are preventing him from leaving the country and asks his followers to help him invest in a Dominica citizenship.
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Demand for Turkish Citizenship by Investment Takes Off Following Price-Cut, Reports Say
Turkey’s decision to cut the price of its citizenship by investment program by 75% at the end of last year has catapulted interest in the program to such an extent that some service providers say they are now filing 20 applications per week, reports say.
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Analysis: Is the UAE Passport REALLY the World’s Strongest?
After we last week reported on the Arton Capital Passport Index’ ranking of the UAE-passport as the world’s strongest, a
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UAE Now Tops Arton Passport Index, But 21st on Henley & Partners Index
The United Arab Emirates’ celebration of its 47th national day today coincides with its passport reaching pole position on the
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Price of Turkey’s Citizenship by Investment Program Cut to $250,000
According to an Official Gazette (in Turkish), new prices are now in effect for the Turkey citizenship by investment program. The
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