The Investment Migration Knowledge Platform
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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Grenada’s government has just published a wide set of amendments to its Citizenship by Investment Act of 2013. No citizenship
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Attendees expressed optimism following the European Commission’s stakeholder meeting on investment migration in Brussels today
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When Saint Lucia’s CIU last week announced it would begin to accept the inclusion of dependents in already approved citizenship
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After rejecting all 13 companies that applied to become the Montenegro CIP’s official provider of due diligence services in March
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On Monday, Cyprus’ Council of Ministers decided to grant an exemption from the €150,000 donation requirement to those investors who began the CIP investment process prior to the new rules.
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In a welcome series of new Regulation Orders, Vanuatu moves to harmonize the terms for its citizenship programs.
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The Home Office is discontinuing the UK’s Tier 1 Entrepreneur Visa, and replacing it with two new visa categories. Saadiya Saadat elaborates.
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While prominent industry commentators laud the introduction of a skin-in-the-game requirement, some Grenadian developers say the government’s definition of “skin”
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Following the introduction of its US$220,000 real estate co-investment solution on March 18th, the Grenada CIU reiterates that the new price option is only available to developers that have received advance written approval, and cautions that those found to promote the new price prematurely will be subject to review and possible penalty.
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The investments proposed to be eligible for the Fast Track will make a Bulgarian CBI solution somewhat similar to the US EB-5 program.
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The European Parliament today voted to adopt the TAX3 Committee’s February report calling for a “phasing out” of RCBI in Europe. The IMC has reacted with disappointment, calling instead on MEPs to support its work in raising industry standards.
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In a notice circulated yesterday, the Saint Kitts & Nevis CIU informs stakeholders that Savory & Partners is no longer a registered International Marketing Agent and may no longer submit applications to the country’s citizenship by investment program.
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In a follow-up circular to this week’s announcement that the Grenada Citizenship by Investment Programme had lowered its real estate investment requirement to US$220,000, the program’s CIU makes it clear that the practice of discounting CBI-real estate will not fly in Grenada.
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Having rejected the applications of all 13 prospective due diligence providers for the Montenegro Citizenship by Investment Program, the Secretariat for Special Projects calls on candidates to submit their applications – this time filled out to the letter – before April 1st.
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In a succinct statement on its website, Montenegro’s Secretariat for Special Projects reveals it has picked Henley & Partners, Arton Group, and Apex Capital as approved intermediaries for the country’s upcoming citizenship by investment program.
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In a statement released yesterday, the Prime Minister’s Office in Grenada informs the public of a series of substantial changes to the country’s Citizenship by Investment Programme.
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The changes aim to better protect against financial crime and ensure investments are of greater benefit to the UK economy.
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Montenegrin officials said in a press release that none of the 13 due diligence firms (see which below) “complied with the criteria prescribed”.
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The European Parliament is about to vote on a report that urges the “phasing out” of investment migration programs. Such a decision would have severe adverse effects on Europe’s peripheral economies, says the IMC, which urges MEPs not to support the calls for the industry’s discontinuation.
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