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Breaking: Grenada CIP Cuts Minimum Investment Requirement on Real Estate to US$220,000

Christian Henrik Nesheim March 18, 2019

In a rule-change gazetted today, the Government of Grenada announces that the minimum investment requirement for the real estate option of the country’s citizenship by investment program is reduced from US$350,000 to US$220,000.

EB-5 Program Supports 355,000 American Jobs, Economic Impact Study Finds

Christian Henrik Nesheim March 15, 2019

During the two-year fiscal period of 2014-15, the US EB-5 program accounted for some $11 billion in capital investments in

Grenada to Investigate Stalled CBI-Shrimp Farm: “Collected Significant Sums,” Says PM

Christian Henrik Nesheim March 14, 2019

In a public announcement, Grenadian Prime Minister Keith Mitchell says his administration has opened an investigation into CBI-approved shrimp-farming project Grenada Sustainable Aquaculture (GSA).

5 Reasons for the Surging Popularity of Turkey’s Citizenship by Investment Program

Christian Henrik Nesheim March 14, 2019

Government incentives, unbeatable prices on prime property, visa-free travel, and access to a fast-growing Eurasia market are just some of the reasons investors have fallen for Turkey’s CIP.

Montenegro Picks Only Three Firms – Arton, Apex, and Henley & Partners – as Approved Intermediaries

Christian Henrik Nesheim March 13, 2019

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.

Portugal Golden Visa Applications Down 36% YoY in February – Chinese Investment Cut in Half

Christian Henrik Nesheim March 12, 2019

Total investment in the program is down 31% compared to the same month last year – from EUR 91 million to EUR 63 million – while the number of main applicants fell by 36% – from 159 to 101.

Grenada Amends CIP: Resold CBI-Property to Qualify – Siblings, Grandparents Now Eligible as Dependents

Christian Henrik Nesheim March 11, 2019

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.

Basic Dos and Don’ts for Entering the Indian Investment Migration Market – By Prashant Ajmera

Prashant Ajmera March 9, 2019

India is one of the few emerging economic powerhouses whose HNWIs have yet to appreciate the benefits of residency and citizenship by investment (RCBI). In this article, Indian immigration attorney Prashant Ajmera outlines some of the major do’s and don’ts of Indian investment migration market success.

UK Tier 1 Changes: Bond Investments Now Ineligible as Home Office Moves to Increase Benefit to Economy

Christian Henrik Nesheim March 8, 2019

The changes aim to better protect against financial crime and ensure investments are of greater benefit to the UK economy.

71,300 UHNWIs Already Have Second Citizenship; Another 57,400 considering it

Christian Henrik Nesheim March 7, 2019

Not only is the share of super-wealthy interested in second citizenships growing; their absolute number is growing at an equally prodigious clip.

Opinion: Citizenship by Investment’s Role in Finally Emancipating Former Colonies

Christian Henrik Nesheim March 6, 2019

Opinion of the editor Citizenship by investment has granted small, developing countries in the Caribbean and Pacific the means to

“Truth Will Come Out and it Won’t be Nice” Say Panelists About Saint Kitts Application Switching

Christian Henrik Nesheim March 5, 2019

Hanafin postulated that “Sam is being told to keep quiet because people are winning on both sides, so Sam is ruffling too many feathers, perhaps.”

Montenegro CIP Rejects All 13 Prospective Due Diligence Providers Over Incorrect Applications

Christian Henrik Nesheim March 4, 2019

Montenegrin officials said in a press release that none of the 13 due diligence firms (see which below) “complied with the criteria prescribed”.

2018 a Record Year for Grenada CIP: Revenue Up 26% Show Q4 Figures

Christian Henrik Nesheim March 4, 2019

Recently published fourth-quarter figures reveal the Grenada Citizenship by Investment Programme granted 851 passports in 2018, a 21% increase on

“Just the Beginning of a Huge, Worldwide Trend,” Says Kälin About Investment Migration

Christian Henrik Nesheim March 3, 2019

Panelists in Davos shared their vision of investment migration’s role in reducing global debt levels and bridging the gap between the places that have talent and the places that need it.

Saint Kitts Economic Citizen Bets Galaxy EC$ 5 Million Ramada Will Not Finish on Time

Christian Henrik Nesheim March 1, 2019

Kemal Shehada says he’ll bet Galaxy EC$ 5 million they can’t finish the Saint Kitts Ramada within their announced time frame.

IMC Cautions MEPs Ahead of Vote: Phasing Out IM Programs Detrimental for Member State Economies

Christian Henrik Nesheim March 1, 2019

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.

Saint Kitts CIU Moves to Reassure Market Following Gulf News Rout – “Clients are Concerned,” Says Bayat

Christian Henrik Nesheim February 28, 2019

“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.

UK Tier 1 Investor Visa Sees Record Interest in 2018 – Investors Scrambled to Apply Ahead of “Suspension”

Christian Henrik Nesheim February 28, 2019

Ahead of the Home Office’s heralded reform of the UK Tier 1 Investor Visa program – the particulars of which remain a known unknown – investors in December scrambled to submit applications.

Montenegro Invites Real Estate Developers to Apply For CBI-Approval

Christian Henrik Nesheim February 27, 2019

Project must have five stars (or four in less developed regions), a total investment of at least EUR 15M (or EUR 5M), 80 (or 25) staff, and at least 60 (or 35) rooms.

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