The Investment Migration Knowledge Platform
Why deny MRVP/MIIP investors the possibility of segregating their investment migration assets, ask Davinia Cutajar and Charlotte Attard.
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The Commission wants genuine links in the form of several years of residency. That is precisely what a CIP cannot ask of its participants.
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Slovenia’s new “debureaucratization-czar” has formally proposed, to the government that appointed him, that Slovenia consider a CIP.
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Three major developments have increased the likelihood of EU countries adopting citizenship-based taxation, writes David Lesperance.
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Al Jazeera names disreputable individuals who received citizenships under the country’s CIP during a period in which vetting was lax.
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Lawyer and Cyprus CIP expert Eleni Drakou provides a detailed explanation of the program’s new regulations, which took effect this Tuesday.
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The number of investors choosing the EUR 350,000 Investment Fund option is up 400% since last year, even with five months left in 2020.
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Once first among its European equals, Latvia’s golden visa has languished since 2014. 93% of the program’s total FDI stems from before 2016.
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The subject of criticism from EU institutions for years, Cyprus is putting in place new regulations it hopes will leave it well-nigh unimpeachable.
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“We are looking closely at actions that are taken and actions being contemplated by the EU and also by the OECD,” said Ambassador Colin Murdoch.
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Aslam said a CIP would benefit both the country and its people, but took care to emphasize that this was merely his personal opinion, not official policy.
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As professional advisors everywhere fall over themselves to get face-time with UHNWIs, Malta, Cyprus, and the EU itself are playing catch-and-release.
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Changes to the structure and minimum amounts of the real estate and bond investments, as well as the contribution, are likely, writes Andres Gutierrez.
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Maltese government: “The importance of such a programme for an economy that has suffered from a devastating pandemic is growing, rather than diminishing.”
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“We cannot expect businesses to keep all their profits when things were going well and now expect taxpayers to completely make good for them.”
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As Western-EU politicians fret over the hypothetical risks of citizenship by investment, their counterparts farther east are selling passports for bribes.
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The administration hopes to renew the program before it expires to avoid a gap in IIP-revenue. Real estate investment amounts may rise in MIIP 2.0.
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The money-for-rights model of investment migration – while economically successful – is a hard sell, politically. Canada’s model offers a compromise.
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The Cypriot Foreign Minister has told local press he expects new developments this year with regards to a visa-waiver agreement with the United States.
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Fearne’s comments mark a departure in stated intentions from Labour; Muscat, two years ago, indicated he was confident the program would be extended.
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