Opinion: The Dwindling Future of the Quebec IIP – A Shadow of Its Former Self
The French requirement and the $500k walk-away option likely to result from the new rules will cripple the QIIP, laments Nicolas Laurin.
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3,127 Ireland IIP Applications Worth €2.12 Billion Pending After Torrent of Last-Minute Filings
The government indicated the sharply rising application volumes had become “unmanageable” and had informed the decision to close the scheme.
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Quebec to Reopen QIIP With French Language Requirement and $200,000 Donation, Likely by End of Year
Suspended since 2019, the QIIP is likely to reopen by the end of the year with a new set of requirements, writes Patrick McCarthy.
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Why Boutique Firms Are An Investor Migrant’s Best Option
Greater specialization, bigger networks, and tailored service are among the reasons boutique firms make better advisors, write DZ Advisory.
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Q1 Data Shows Sharp Downturn in Panama Friendly Nations Visa Interest
Appetite for Panama’s investor visas is dwindling. People of independent means, however, are relocating to the country in record numbers.
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Australia Sharply Reduces BIIP Visa Availability for 2023/24 Despite Record Backlog
“The future of the BIIP is uncertain,” writes James Hall, pointing to new planning levels that will exacerbate the already huge backlog.
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EB-5 Special: How The 2022 Program Changes Impacted Application Volume, Processing, and Stakeholders
In this special feature, Varvara Latyntseva details how the EB-5 program changed last year and the effects on applications and stakeholders.
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Portugal Approves 12,000th Golden Visa as Total Investment Approaches EUR 7 Billion
British investors are becoming more numerous and have now appeared in the monthly top-five nationalities list for 6 of the last 8 months.
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Spanish Govt. Mulls Whether to Raise Golden Visa Real Estate Minimums or Disqualify Property Investments Altogether
Sources say the government is considering two options: Higher real estate investment minimums, or no real estate option at all.
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Greek Golden Visa: Q1 2023 Application Volume Up 259% Y-o-Y, Backlog Doubled in 6 Months
Buoyed by fewer competitors and an impending price hike, the program’s application volume has ballooned. So has its backlog of pending cases.
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Cyprus Golden Visa: No More Senior Dependents, Annual Proof of Income and Investment
Investors will no longer be able to include parents or in-laws and must show proof of maintained income and investment every year.
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Bulgaria Adopts New Regulations for CBI Pre-Clearance Process
Bulgaria no longer has a citizenship by investment program but has just updated its golden visa (which has a path to citizenship).
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How Portugal Can Use Foreign Investors to Solve the Housing Crisis Instead of Scrapping the Golden Visa
Instead of closing the golden visa program, Portugal should reform it and use it to solve the housing crisis, argues Anatoliy Letayev.
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Portuguese Govt. Yields on Golden Visa Retroactivity and 183-day Presence in Housing Bill’s Final Wording
No retroactivity for post-February 16th applications, 7-days-a-year presence requirement preserved, and cultural investment visas kept.
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Q1 Figures Show Portugal on Track to Approve All-Time Record Number of Golden Visas in 2023
Portugal is likely to approve a record number of applications in 2023. As long as the housing bill in its current form doesn’t pass, that is.
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The Proposal to Close the Golden Visa is Unconstitutional And Will Not Solve Portugal’s Housing Crisis
Patricia Casaburi points out that it’s ironic that golden visas are blamed for the housing crisis in Lisbon and Porto, where prices have risen sharply since these cities were excluded from the program.
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Greece Extends Golden Visa Transition Period by Another 3 Months to July 31st
“This extension relieves the stress of investors,” commented Alexander Varnavas of Athens-based Varnavas Law on the news.
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Portuguese Govt. Insists on Feb 16th Cut-Off, 183-Day Presence for Golden Visa in Final “More Housing” Draft Bill
If the law is approved, investors will not get what they paid for. It’s “a violation of basic constitutional rights,” says one lawyer.
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Record Application Volume Sees Greek Golden Visa Authorities Struggling to Keep Up With Demand
Greek Golden Visa authorities are struggling to keep up with mushrooming demand. Applications in the backlog now number at least 3,700.
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In Panama, 1 in 6 Immigrants is an Investor
Panama has approved 388 investor visas so far in 2023. In the last six years, investors account for 16% of all residence permits issued.
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