Politicians, Media Focus on CIP “Backdoor” to Europe; Front Door Barely Guarded
If you want the IM industry to take concerns about the backdoor at face value, come back when you have something more than a windscreen on the front door.
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europe
Cypriot MPs Once More Calling for Publication of Investors’ Names
MP George Perdikis has tabled a bill that would see CIP-applicants’ names published. Data Protection Commissioner Loizidou is again compelled to intervene.
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Cyprus Luxury Home Sales Slump on Introduction of CIP Contribution Requirement
Following the Cypriot citizenship by investment program’s introduction of a €150,000 donation requirement in May, luxury property sales in Cyprus have taken a hit.
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Chetcuti Speaks Out: “We Categorically Deny All The Allegations and Insinuations”
In an unequivocally worded public statement, Dr. Chetcuti addresses the allegations raised against his firm and person in a French TV-report last month.
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Portugal Residence by Investment Approvals Hit 12-Month Low in September
Approved applications cratered by 49% compared to August and investments fell from some EUR 83 million to EUR 49 million, figures released today reveal.
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The Wait is Over: Montenegro CIP Opens For Applications, First Submissions Yesterday
Concessionaire firms indicated pent-up demand for the most anticipated citizenship by investment programs of recent years would now be unleashed.
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Greek Govt. Reportedly Weighs Golden Visa Price Doubling, Compulsory Stay
Unconfirmed reports indicate Greece will double its minimum investment requirement, introduce compulsory stays, and mandate minimum spending.
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Ius Agrariare: Montenegro CIP Sets Rules for Citizenship by Agriculture, Fisheries, and Wood Processing Investments
Europe’s newest CIP has formalized the requirements for citizenship by investment in agriculture, fisheries, and wood processing.
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IMC Suspends Individual Memberships of Chetcuti Executives, ORiip to Review All Files
The Investment Migration Council has suspended the individual memberships of Dr. Jean-Philippe Chetcuti and Keith Camilleri. “On 26 September 2019,
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How Many m2 of Property Do Residence by Investment Programs Buy You in Europe?
Adjusting for differences in minimum requirements, you’ll get three times as many square meters in the cheapest market as in the most expensive.
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Malta IIP Suspends Chetcuti Cauchi’s License Over Hidden Camera Incident: “Gross Misrepresentation,” Says Licensee
The firm is now suspected of influence peddling. The video, however, provides no incriminating evidence of such behavior whatsoever.
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Revenue From Portugal’s Residence Program Exceeds Half a Billion Euros in First 8 Months of 2019
By the end of August this year, Portugal’s residence by investment program, the Golden Visa, had raised EUR 553 million, statistics released by the SEF today show.
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More Unconfirmed Reports on Greek Citizenship by Investment Plans Surface, This Time With Details
All reports so far point to plans of a Greek CIP that, by virtue of its investment requirements, would compete directly with that of Cyprus.
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NBLO: Bulgaria’s Investigation of Improperly Obtained CBI Citizenships a Welcome Development
The investigations show Bulgaria isn’t the soft underbelly of Europe and improves the value of the country’s citizenship, writes Ivan Petrov of NBLO.
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Bulgaria to Cancel Citizenship of 8th CIP-Investor in Three Months
The office of Bulgaria’s Prosecutor-General has uncovered eight instances of fraudulently obtained citizenships over the last three months, with several
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The Tax and Price Advantages of Picking Madeira For Portuguese Residence by Investment
Not only is corporate tax 76% lower on the island; real estate prices are still well below their pre-crisis peak, writes economist Miguel Pinto-Correia.
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Chetcuti Cauchi’s Dual Citizenship Report, Global Edition
The Global Edition of the Dual Citizenship Report provides a comprehensive analysis of the laws regulating dual citizenship around the world.
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What’s Causing the Surge in Brazilian Emigrants to Portugal?
Applications to Portugal’s golden visa began to rise sharply in 2016. This year, the number is set to reach a record high of more than 250 investors.
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Greek Govt. Planning a Citizenship by Investment Program, Unconfirmed Reports Say
Greece’s new center-right government is the reported main catalyst of the plans, which would take direct aim at Cyprus’ market share.
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UK Tier 1 Investor Visa on Track to Raise £1 Billion in 2019 – Record Interest From Hong Kong in Q2
Not since the entry price was half of today’s – five years ago – have more Hongkongers obtained UK Tier 1 Investor visas in a single quarter.
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