Montenegrin PM in Brussels: CIP “Will be Terminated” on Dec 31st
As it did in 2021, Montengro’s government says it will end the CIP on new year’s eve. This time, an 11th-hour change of heart is less likely.
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Grenada CIP Momentum Continues in 2022, Another Record Year Likely, Q1 Figures Indicate
Grenada raised some EC$90m during the first quarter of the year, two-thirds of it from real estate investors, hinting at another record year.
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Dominica Bans Syrians, Kurds from Applying for Citizenship by Investment Program
No Syrians, no Kurds, and no explanation from the Dominica CIU. Iranians, however, are once more welcome to apply for citizenship.
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Turkey Sets Date for CBI Price Increase, Adds Another Qualifying Option
“There is still a very small window of opportunity to beat the price-increase deadline. But quick and decisive action would be required.”
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70% of US Visa Waiver Countries Have Investment Migration Programs, Library of Congress Report Finds
Congressmen aiming to end visa-waivers for countries with CIPs learn that 70% of visa-waiver countries have investment migration programs.
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Wall Street Journal Features Secret Bay’s $10.3m Multi-Villa Compound As Most Expensive Residential Estate in Dominica
Priced at $10.3 million, the compound is expected to be completed in 2023.
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A Year After Opening, North Macedonia’s €200k CIP Has Yet to Grant Any Citizenships
At least 32 applications remain in processing, some of which were filed in Q2 last year and approved in principle last August.
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The Future of the Saint Kitts & Nevis CIP and What You Need to Know
Highlights from Bluemina’s webinar with Les Khan, CEO of the Saint Kitts & Nevis CIU, and Gulf News.
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Malta Reportedly Open to Ending Citizenship by Investment Over EU Pressure, Dwindling Revenue
Unnamed cabinet ministers tell the Times of Malta that the PM considers phasing out the program – or reforming it once again.
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Grenada CIP Breaks All Previous Records in 2021 as Revenue Tops US$100m
Grenada’s CIP recorded yet another all-time revenue high in 2021 (for the fifth year in a row) while also breaking a litany of other records.
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Greco: Citizenship by Investment – The True Win-Win-Win of Globalization
Citizenship by investment, argues Brian Greco, is an unequivocal good for governments, locals, agents, and investors. So, why is it vilified?
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Turkey Citizenship Program to Raise Minimum Investment to US$400,000 for Real Estate
Turkish ministers have reportedly decided in a recent meeting to change the program regulations and raise the minimum investment requirement.
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Cyprus to Revoke Passports (Not Citizenships) of up to 21 Russians, Belarusians Over EU Sanctions
Cyprus is revoking the passports – not the citizenships – of a number of Russians and Belarusians whose name appear on sanctions lists.
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CBI Billions: Nevis Premier Discloses 2007-21 Saint Kitts CBI Income, Laments Nevis’ Small Share of Same
Thanks to an ongoing political dispute in Saint Kitts & Nevis, a complete historical account of the country’s CBI earnings is now available.
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Vanuatu Establishes Task Force in Hopes of Overturning EU Decision on Visa-Waiver Suspension
In a “Hail Mary” effort to ward off the suspension, Vanuatu is establishing a national task force to review and improve its CBI procedures.
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Eur. Commission Urges CIPs to Revoke Citizenships, Residencies of Sanctioned Individuals
The Commission calls for freezing ordinary Russians and Belarusians out of golden visas and revoking the status of sanctioned individuals.
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Ending CBI is “Not an Option” and Antigua Will “Fight it to the Bitter End,” Says Foreign Minister
Foreign Affairs Minister Greene expressed determination not to give up on CBI in the face of pressure from Europe and the US.
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Q1 CBI Agents Update: 13 New Licensees, 10 Removals, Further Blacklistings in the Caribbean
New company names have appeared on Caribbean CIU blacklists. Malta’s agent roster has shrunk for the first time since new programs opened.
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Bulgarian Lawmakers End Citizenship Program as Amendments Pass After Second Reading
After years of back-and-forth, Bulgaria’s semi-direct citizenship by investment program has sung its last verse.
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If the CBI Industry Wants to Survive, it Needs to Muster a Concerted Effort – Immediately
Nuri Katz says recent weeks’ events show that “unless something changes drastically, we are closer to the end of the CBI industry than to the beginning of it.”
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