Cyprus Govt. Approves New CIP Regulations to Render Program Beyond Reproach
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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EU
Antiguan Ambassador Warns of “Threats on the Horizon” as EU/OECD Consider Action Against CIP-Countries
“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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Maldives Govt. Mulls CIP, EU Threatens to Cut Aid to Moldova Unless it Repeals CBI-Law
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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The Chief Beneficiaries of EU CIPs Could Be The Countries That Don’t Have Them
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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As Malta Plans to Renew the IIP in 2020, Which Changes Should We Expect?
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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Malta Joins Cyprus in Standing Up to Eur. Commission: MIIP More Valuable Than Ever Right Now
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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Citizenship Investor Fund Gives Malta Cushion Against Covid-19, But Govt. Reluctant To Use It
“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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The EU’s Actual Passports-for-Sale Threat Comes From Corrupt Officials, Not CIPs
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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Re-Launch of Malta IIP, With Amendments, Likely This Year, Says Govt.
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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What the EU Needs to Learn From Canada’s Targeted Investment Migration Model
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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Cyprus Nears Visa Waiver Agreement With USA, Says Foreign Minister
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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Malta’s Most Likely Next PM Would “Not Extend MIIP” Before Consulting EU-Institutions
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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Commissioner Jourova Hints an Albanian CIP Could Jeopardize EU-Accession
“The Commission monitors investor citizenship schemes in the context of the EU accession process,” said Jourova during an interview with the Albanian press.
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Greek Golden Visa to Surpass 2,000 Main Applicants in 2019, 40% Ahead of Closest EU Competitor
Greece’s residence by investment program is raising €23 million a week. Already Europe’s most popular program by far, its application volumes keep growing.
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Cyprus to Revoke 26 Citizenships Granted Under Pre-2018 CIP
The Cypriot government says it will revoke 26 citizenships granted before 2018. Among the individuals affected are eight Cambodians and one Malaysian.
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EESC Echoes Eur. Parliament’s “Phase-Out” Call – “Intellectually Disingenuous,” Says IMC
The IMC expresses chagrin at being excluded from consultations on a report it says was “hijacked by ill-informed, unaccountable third party organizations.”
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Cyprus to Conduct Retroactive Due Diligence on Pre-2018 CIP Investors
Cyprus will conduct due diligence on past applicants, audits on all investors at regular intervals in the future, and revoke citizenships if necessary.
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Up 80%: Approvals for Spain’s Residence by Investment Program Hit All-Time High in H1 2019
The record numbers make Spain’s golden visa Europe’s second most popular such program in H1 2019, surpassed only by Greece.
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Whatever Happens After Brexit, Irish Passports Will Have a Unique Advantage
In a post-Brexit world, Ireland’s newly affirmed agreements with the UK will maintain close ties between the two countries and give the Irish passport an unusual place in the RCBI landscape.
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Carlyle Rogers: CBI Has No Place in the Current Geopolitical Debate on Immigration
The place of the CBI industry in the current geopolitical debate surrounding immigration To say that immigration is the driving
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