Chinese Govt. Seeks “Complete Control of its Population”: IM People in the News This Week
“They are interested in having complete control over their population, including those who reside in HK.”
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Portugal Golden Visa Lives to See Another Budget as Parliament Votes Against Closing Program
The ruling Socialist Party, despite the comments from its leader PM Costa earlier this month, will not be closing the program next year.
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The CBI Wave Gathering Steam in Central Asia and the Caucasus
Keen on Russian capital and not concerned with an EU reaction, the region could become a hotbed for CBI, writes Saahil Menon.
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Number of Americans Getting Portugal Golden Visas on Track to Double in 2022
While American interest keeps growing, Chinese demand is rebounding. So far in 2022, they have gained, respectively, 174 and 175 approvals.
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London’s HNWI Expats Breathe Sigh of Relief as Non-Dom System Gets Tenuous New Lease on Life
The new Chancellor of the Exchequer will keep the UK’s remittance-based tax system. His Labour successor will not, writes David Lesperance.
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How Spain’s New Startup Law Impacts Digital Nomad, Non-Lucrative, and Golden Visas
Spain’s new Startups Law, slated to take effect in January, will bring improvements for more than just digital nomads, writes Oriol Molas.
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The 13 Planned Citizenship by Investment Programs The Market is Waiting For: Which Will Open First?
In the last four years, at least 13 countries have planned CIPs without actually opening them yet. Now, several are getting close to opening.
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“In China, They Play for Keeps”: Investment Migration People in the News This Week
Philippe May, CEO of investment migration firm EC Holdings, said the most common request from China was “a second passport, quick”.
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Sri Lanka’s $75,000 Real Estate Investment-Based Long Term Residence Visa Launches
Sri Lanka now offers visas of 5- to 10-year validities for investments in condominiums from US$75,000 to US$500,000.
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EU Commission’s ECJ Case Against Malta is a “Dangerous Abuse of Power,” Says IMC in Statement
In a formal statement, the IMC characterizes the Commission’s case against Malta as “an attack on” and “violation of” fundamental EU rights.
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Uzbek Govt. Submits Bill to Allow US$1 million Citizenship by Investment
Uzbekistan appears to be the latest country aiming to attract the growing diaspora of affluent and/or talented Russians.
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EU Council Fully Suspends Vanuatu’s Visa-Waiver Agreement
The EU Council is extending the visa-waiver suspension to non-CBI citizens of Vanuatu, citing a “lack of progress” in addressing concerns.
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Iran: Investment Migration’s Sleeping Giant
St. Lucia’s recent decision to overturn its blanket ban on Iranian applicants could prompt others to follow suit, writes Saahil Menon.
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Thailand Elite Membership Passes 20,000 – Approvals of Chinese Nearly Tripled in 2022
The Chinese market recovery in 2022 is borne out by statistics from several programs. Thailand’s Elite visa is a primary beneficiary.
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“Gold Bars and a Second Set of Papers” – Investment Migration People in the News This Week
“I have already received three ‘proceed’ instructions from various UHNW Chinese business families to execute their fire escape plans.”
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Portugal’s PM Says Govt. Considers Closing Golden Visa
PM Costa told reporters today that Portugal’s golden visa had likely already “served its purpose” and may no longer be “justified”.
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Grenada CBI Application Volume Through the Roof in Q3, Nearly Triples Y-o-Y
Application volume for Grenada’s Citizenship by Investment Program, the only one in its region still open to Russians, is shattering records.
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Special Envoy Denies Unsubstantiated Claims of Involvement in Diplomatic Passport “Corruption Scheme”
“None of this is true. I publicly denounce all allegations made against me in this defamatory article,” says Kemal Nicholson.
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Reported US Citizenship Renunciations in 2022 Exceed Last Year’s Total Already After 3rd Quarter
As US consular missions resume granting appointments to those unable to expatriate during the COVID years, expatriations are rising again.
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Indonesia Introduces “Second Home” Program: 10-Year Visa for Those With Savings of US$129,000 or More
Indonesia joins the fray of Southeast Asian countries hoping to attract affluent, location-independent long term guests.
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