The Eastern Bloc’s Disillusionment with Brussels Could Breathe New Life Into Defunct CBI Programs
As candidate countries come to terms with the improbability of accession, they’ll be less likely to toe the EU line, argues Saahil Menon.
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EU
Europe’s ETIAS Keeps Getting Postponed: Good News for CBI Countries?
Initially slated for introduction almost two years ago, ETIAS – flagged as a potential threat to CBI – has been postponed many times.
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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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EU Tells Vanuatu to Get its CBI House in Order by February 2023 or See Visa-Waiver Suspension Extended
The visa-waiver suspension will last until at least February next year, at which point the EU will re-assess the country’s CBI programs.
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Mexican Ex-President Peña Nieto Living in Spain on Golden Visa
In 2019, the ex-president denied reports he had plans to leave Mexico for Spain. Records show he had changed his mind 18 months later.
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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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The Portugal Golden Visa Investment Fund Page in IMI: Make Sure Your Fund is Correctly Listed
See our new Portugal Golden Visa Investment Funds page; Comparison chart, statistics, and articles about golden visa eligible funds.
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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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Latvia Keeps Golden Visa Open After All But Shuts it to Russians, Belarusians for 15 Months
In the end, Latvia keeps its program but suspends Russians and Belarusians for a year and bars those who support the war from applying.
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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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EU Commission Sends “Reasoned Opinion” on MEIN Policy: Malta Undeterred, Ready to Let the Court Decide
The European Commission issues Malta a final demand to close its MEIN policy before deciding whether to take the country to court.
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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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Latvia Closes Golden Visa, EU’s Use of Ukraine War to Cripple Investment Migration Continues
As Latvia terminates its golden visa, we summarize what can arguably be characterized as the worst month in investment migration’s history.
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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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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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Hungary Has Granted EU Citizenship to a Million Hungarian Descendants – 1.6 Million Americans Could Qualify
Hungary is serious about naturalizing members of its diaspora, and not deterred by application volume. 3 million worldwide could be eligible.
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A Tale of Two Golden Visas – Greece and Portugal: More Different Than You Think
For golden visa investors who buy real estate, the differences between Portugal and Greece are big when all factors are taken into account.
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The Greek Golden Visa’s Safe, Tax-Efficient, and Passive Alternative to Real Estate Investment
The vast majority of golden visa investors in Greece choose real estate. For many, however, other investment options may be a better choice.
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Parliament, Commission Disagree on Legislation or Infringement as Best Way to End CBI in Europe
The Commission agrees with the Parliament that citizenship by investment in the EU should end. What they don’t agree in is how to end it.
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Slovakia Passes 3rd Gen. Citizenship-by-Descent Law, Enabling EU Citizenship for up to 800,000 Americans
18 months of lobbying has paid off. As many as 1.5 million Slovak descendants worldwide will now potentially be eligible for EU citizenship.
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