Investors will have until next year, at least, to file under the current EUR 250k threshold, and changes will only apply in parts of the country.
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The program’s due diligence partners has assured the CIU that they are once more able to conduct adequate due diligence in Iran.
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The measure, said Prime Minister Mitsotakis in his speech, would “increase the affordability of real estate for Greeks.”
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No more sibling dependents, age restrictions on older dependents, and education requirements for adult children (unless unmarried daughters).
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While similar to MM2H in most respects, the new program is less restrictive and also considerably more expensive.
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Hoping to reduce 30-month processing times for business investor visas, Australia’s government is drastically restricting new applications.
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The country believes placing its asset on a blockchain will transform the economy. The first asset to be sold with Sango Coin is citizenship.
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Russians and Belarusians are excluded again. The suspension, moreover, will have retroactive effect, going back three weeks.
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HNWIs under 50 will have to make a careful cost-benefit analysis when choosing between the Long Term Resident and Elite Residence visas.
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Analysts expect “primarily Chinese” investors to take advantage of the program to occupy niches vacated by recently departed Western firms.
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Minimum investment requirements and minimum stay requirements both increase as New Zealand aims for investors who play a more active role.
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Cambodia enters the Southeast Asian golden visa market: A $100,000 property investment and eligibility for citizenship in five years.
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Ukrainians – in a grimly ironic twist – remain excluded from the program because of the very belligerence to which they have fallen prey.
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Non-sanctioned Russian and Belarusian investors are officially welcome to apply to Grenada’s citizenship by investment program again.
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“The real backlog”, says Pedro Catão Pinheiro, “is still ahead of us. It will come with the wave of applications filed on June 15th.”
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Stephane Tajick provides an in-depth overview of the EU’s legislative procedures around investment migration. What are the potential outcomes? At which junctures can the industry influence the process? And what timeline are we working with?
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Portugal’s ruling Socialist Party, which controls Parliament, has made its position clear: The golden visa program is not going anywhere.
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It now remains to be seen whether the remaining non-EU Schengen countries – Norway, Lichtenstein, and Iceland – will follow suit.
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Most Turkey CIP investors were spending well above the $250,000 anyway, looking as much to prospective ROI as to the prospect of citizenship.
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After six months of stagnation, the SEF has begun accepting new golden visa applications once more.
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