Agents with Iranian clients last week scrambled to submit files before Dominica’s introduction of “enhanced due diligence” fees on Monday.
Egypt’s new residence by investment program offers renewable residence permits of 1-5 year validity for investments of $50-200,000.
The final text of the bill set to pass next week prohibits funds from investing in real estate. But the program could still have several months left.
Canada will raise the number of spots for Startup applicants and prioritize those financially backed. Work permits will be open and last 3 years.
The same governing party that introduced the bill to end the golden visa in the first place is now proposing to keep most of the program.
Many Saint Lucians, Kittitians, and Antiguans will no longer need apply for visas before visiting Canada – presuming they fly in.
Suspended since 2019, the QIIP is likely to reopen by the end of the year with a new set of requirements, writes Patrick McCarthy.
Investors will no longer be able to include parents or in-laws and must show proof of maintained income and investment every year.
Bulgaria no longer has a citizenship by investment program but has just updated its golden visa (which has a path to citizenship).
No retroactivity for post-February 16th applications, 7-days-a-year presence requirement preserved, and cultural investment visas kept.
“This extension relieves the stress of investors,” commented Alexander Varnavas of Athens-based Varnavas Law on the news.
The government will appoint a single Master Agent to market the world’s only sub-US$100,000 (technically speaking) CBI option globally.
“We don’t anticipate any truly scalable offerings in the future here in the UK,” said veteran UK investment migration provider Eric Major.
Minimums will drop in the real estate investment and bank deposit options. After a slow start, the program approved 200 applicants last year.
The CIPs agreed to, among other things, coordinate country bans and applicant denials. The US, in turn, will put in a good word with Brussels.
An average of 60 investors a year qualify for PR under Singapore’s GIP. Now, the government is quadrupling the minimum investment requirement.
Iranians now rejoin North Koreans in having the most banned nationality for citizenship by investment purposes.
The worst thinkable outcome has come to fruition. Hopes to the contrary notwithstanding, the entire program is being scrapped.
Merely seven weeks after issuing changes to its program, St Kitts & Nevis’ CIU has released a new raft of changes, including some reversals.
Minister Harris said he had “taken on board a number of reports and findings from the EU Commission, Council of Europe, and the OECD […].”