Kenya “Pushing Ahead” With Citizenship by Investment Program, Says KenInvest Director
Kenya’s Investment Authority is drafting legal amendments that would permit a CIP. Its chairman says “there’s really no opposition to it.”
Read more
Policy Updates
Vanuatu Submitting CBI Real Estate Option Bill to Parliament This Month
Chairman Warsal is expected to reveal details on the program’s long-awaited real estate investment option next week.
Read more
Québec Extends Suspension of Immigrant Investor Program to 2023
The “QIIP is dead in the water,” lamented Sam Bayat on learning that Quebec will extend its program moratorium for a third time in 16 months.
Read more
Malta’s New Permanent Residence Program Open as of Yesterday
Malta’s new Permanent Residence Program (MPRP) is officially open for applications, following the publication of the relevant law on Friday.
Read more
Reform for Cyprus’ Permanent Residency Program: New Investment Options
Applicants to the Cyprus Permanent Residency program now have more investment options than ever, writes Eleni Drakou.
Read more
The Same Property Cannot Be Used Twice to Qualify for Turkish Citizenship, New Guidelines Clarify
Aiming to prevent foreign developers from “recycling”, Turkish authorities say a single property may henceforth only be used once to qualify for citizenship.
Read more
Indian Supreme Court Prohibits Practice Of Law By Foreign Firms In India
“Consultants in India who are not licensed and who give legal advice regarding foreign immigration laws, are in violation of the Advocates Act of India.”
Read more
Montenegrin Govt. Proposes to Not Extend CIP Beyond Dec 31st Expiration, Replace it With Skill-Based Program
The government indicated the program’s economic benefits so far did not justify jeopardizing EU accession talks.
Read more
Slovakia to Grant Citizenship by Descent up to 3rd Generation: 800,000 Americans Could Qualify
Slovakia is about to take citizenship by descent one generation further by qualifying great-grandchildren of Slovaks and former Czechoslovaks.
Read more
Bulgaria Revamps Its R/CBI Program: New Investment Options, Faster Processing
If you thought Bulgaria’s RCBI program was on its last legs, think again: The program is relaunching with renewed support from the government.
Read more
Queensland BIIP Nominations Reach Capacity Just 7 Months Into Fiscal Year
Australia expects the majority of approved BIIP applications this year will come from the 24,000-strong backlog of cases.
Read more
Caribbean: EU Adds Dominica to Tax Blacklist, Bermuda Introduces $2.5m Golden Visa
Dominica is back on the European Council’s blacklist of tax havens. Bermuda is opening a pricey residency by investment program.
Read more
Portugal Publishes New Golden Visa Minimums – Fund, Deposit Routes Costlier From Jan. ’22
Big changes, also to prices, are coming to Portugal’s golden visa in January. See our interactive map to find out if your municipality qualifies for real estate investment.
Read more
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.
Read more
MRVP Changes Now Official: Total Contribution Amounts Starting at EUR 150,000
The new rules mean a single applicant, choosing to rent on Gozo, could obtain a residence permit in Malta for a non-refundable EUR 150,000.
Read more
MRVP Changes Discussed at Stakeholder Meeting: Higher Contributions Could Replace Bond-Investment
The new regulations would, at once, both make the MRVP more economical for the applicant and more profitable for the government of Malta.
Read more
UPDATE: Malta Reverses Decision to End Publishing of CIP Applicant Names
An unexpected turn of events in light of the bipartisan consensus in favor of continued publication that emerged in Malta some two years ago.
Read more
Govt. Confirms Golden Visa Days Numbered for Cities: Not Necessarily Bad News, Say Stakeholders
A transition period that will see the exclusion of metropolitan and coastal areas from the program will begin on July 1st next year.
Read more
Australia Announces Major Changes to BIIP: Cuts 5 Categories, Raises Capital Requirements
Australia is bringing wide-ranging changes to its extremely popular BIIP, cutting five categories and raising capital requirements.
Read more
Thai Elite Visa to Be Included With Condo-Purchases of US$330,000 or More From January
While welcoming the new scheme, market observers expect it to have only limited success until travel restrictions are removed.
Read more