Egypt Opens Private Property Market to Citizenship by Investment, in Challenge to Turkey
Egypt’s property developers are gearing up to promote CBI as the country targets Turkey’s corner of the market, writes Hany Mostafa Moawad.
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Singapore Banks to Subject Chinese Holders of CBI Passports to Extra Scrutiny Following Raids
Following raids, skittish local banks say they will keep a closer eye on clients holding second passports from CBI jurisdictions.
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Russians Account for 90% of Grenada CBI Applications in 2023, Reveals Program Chairman
While it was always assumed Russian applicants had driven the program’s meteoric rise, the extent of their impact is only now becoming known.
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The 3 Ways Caribbean Citizenship Programs Could Respond to Saint Kitts & Nevis’ Price Hike
The remaining Caribbean CIPs have three ways to respond: James Nuveen explores the potential implications of each type of reaction.
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Will Other Caribbean CIPs Follow St. Kitts and Raise Prices? Here’s What the CIUs Are Planning
The question on everyone’s mind is if other Caribbean CIPs will raise prices like Saint Kitts. IMI contacted each to get an answer.
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Grenada CIP: Revenue Up 213% From Last Year, US$133M Invested in Real Estate Since January
With half a year to spare, Grenada’s CIP has already set a new annual revenue record of EC$573m, two-thirds of it in the form of real estate.
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Terrorists, Criminals, and Money Launderers Are NOT Using Caribbean CIPs, So What’s the Real Objection?
Scoundrels have many easier and cheaper ways than CBI to get into first-world countries, argues David Lesperance. So why all the “concern”?
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Dominica’s Secret Bay Pays $1.5m in Returns to CBI Investors, Crosses 150th Investor Threshold
Thanks to an average occupancy rate of 91% and consistently high rates, Secret Bay has already paid $1.5 million in dividends to investors.
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Grenada De-Certifies 5 CBI Real Estate Projects Over Failure to Start Construction
Develop or get de-certified. That is the message Grenada’s CIU is sending approved real estate developers with this round of culling.
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Citizenship by Investment 1.0 is Dead – Long Live Citizenship by Investment 2.0
In the wake of Saint Kitts’ complete submission to the EU’s CBI demands, Brian Greco argues the industry must stake out a new course.
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St Kitts CIP Doubles Min. Investments, Addresses Rumored EU Demands Point by Point
Minimum investment doubled in most categories; in-person document collection; new limits on marketing methods; all effective immediately.
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EU Reportedly Raises 6 Demands for CIPs, Including $200,000 Min. Investment as Saint Kitts CIU Issues Cryptic Notice
Among other demands, the EU wants CBI countries to consider their citizenships as a holy, deep, and meaningful connection to the country.
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EU Told Caribbean PMs They Will Cut Visa-Free Schengen Access “Shortly”, Claims Saint Vincent PM
One prime minister of a Caribbean CBI country who had attended the meeting, Gonsalves said, told him that “it’s the end of the road.”
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EU Agrees to Form Committee With OECS to “Discuss and Structure” CBI Programs
Kittitian PM Terrance Drew reports that during a recent summit in Brussels, the EU agreed to form a committee with OECS on the CBI question.
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Secret Bay Named Travel & Leisure’s #1 Resort in the Caribbean, #25 Hotel in the World
The readers of Travel & Leisure, for the third time, ranked CBI development Secret Bay as the #1 Resort in the Caribbean – and 25th globally.
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UK Revokes Visa-Free Travel for Dominica, Vanuatu Citizens Over “Clear and Evident Abuse” of CBI Programs
The Home Office said the changes would have immediate effect to prevent “a wave of travelers” from the affected countries.
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Iranian Families of 4 Now Subject to Enhanced DD Fees of Up to $70,000 in Dominica: Other Nationalities Next?
Agents with Iranian clients last week scrambled to submit files before Dominica’s introduction of “enhanced due diligence” fees on Monday.
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First Data Batch in 3 Years Reveals Antigua & Barbuda CIP Now Caribbean’s Least Popular Program
Antigua & Barbuda has released the first statistical report on its CIP in more than three years. Figures show the program has fallen behind.
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Turkey Could Open Golden Visa Program With Path to Citizenship by End of Year
Following a dip in foreign investment during the election campaign period, Turkey is set to consider plans for a golden visa program.
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Vanuatu: Schengen-Access Suspension Saw CBI as Share of Govt Cut in Half
Vanuatu’s CBI revenue has cratered since the loss of Schengen. A commission has been formed to find out what went wrong – and who is to blame.
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