Revived Hong Kong Capital Investment Entrant Scheme to Triple in Price, Reveals Chief Executive Lee
Hong Kong’s Chief Executive John Lee has confirmed the program’s new price tag and the exclusion of residential real estate.
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policy updates
Following Portugal, Italian Govt. Also Aims to Weaken Special Tax Regime
The government aims to hamstring a regime that has successfully raised tax revenue while simultaneously improving the demographic situation.
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Portuguese Prime Minister Says NHR Regime Will End After 2024
Motivated by the weekend’s protests over housing affordability, the PM has agreed to the extreme left’s demands to end the NHR regime in 2024.
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New Portugal Golden Visa Rules to Take Effect Within Days Following Promulgation Last Night
Out of veto options, Portugal’s President last night finally signed the new housing bill into law, enacting the new golden visa rules.
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Netherlands Investor Visa Ends Tomorrow After Only 10 Approvals in 10 Years
The State Secretary said the decision was motivated by “the minimal use of the scheme,” along with “the critical discussion” in the EU.
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Cayman Islands Investor PR Program Gets Crypto-Backed Loan Option
“If or when BTC goes up, your loan-to-value ratio goes down, so your house is appreciating, and so is the asset you’re borrowing against.”
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Portuguese Golden Visa Reforms Postponed Until September as President Vetoes “More Housing” Bill
Parliament is likely to finally push through legislation next month, at which point golden visa real estate investment will be off the table.
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Italy Suspends Russians, Belarusians from “Dolce Visa” Following Record Year
After becoming the program’s number one applicant nationality last year, Russians are now excluded from Italy’s “Dolce Visa” program.
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Thai Elite Visa Set for Revamp on October 1st: Expect Price Hikes of “50-500%” Says Leading Agent
“I just hope they don’t raise prices too much,” says Trelcat. “Look at what happened with Malaysia’s MM2H program when they raised prices.”
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St Kitts CIP Doubles Min. Investments, Addresses Rumored EU Demands Point by Point
Minimum investment doubled in most categories; in-person document collection; new limits on marketing methods; all effective immediately.
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EU Reportedly Raises 6 Demands for CIPs, Including $200,000 Min. Investment as Saint Kitts CIU Issues Cryptic Notice
Among other demands, the EU wants CBI countries to consider their citizenships as a holy, deep, and meaningful connection to the country.
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Portuguese Parliament Okays Housing Bill in Final Vote: Q&A On What Happens Next for Golden Visa Investors
All that remains for the golden visa changes to take effect is promulgation by the President. Here are answers to your questions about the golden visa’s future.
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UK Revokes Visa-Free Travel for Dominica, Vanuatu Citizens Over “Clear and Evident Abuse” of CBI Programs
The Home Office said the changes would have immediate effect to prevent “a wave of travelers” from the affected countries.
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Iranian Families of 4 Now Subject to Enhanced DD Fees of Up to $70,000 in Dominica: Other Nationalities Next?
Agents with Iranian clients last week scrambled to submit files before Dominica’s introduction of “enhanced due diligence” fees on Monday.
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Egypt’s New Residence by Investment Program Starts at US$50,000
Egypt’s new residence by investment program offers renewable residence permits of 1-5 year validity for investments of $50-200,000.
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In Final Text, Funds Still Qualify for Portugal Golden Visa But Cannot Invest in Real Estate
The final text of the bill set to pass next week prohibits funds from investing in real estate. But the program could still have several months left.
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Jersey Acknowledges the Rich Are “Highly Mobile” as it Considers Whether to Charge More for HVR Program
Jersey has raised billions from its low-tax HVR program. Now, deputies debate whether asking wealthy residents for more will scare them away.
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Canada to Reform Startup Visa: Financially Backed Applicants to Get Priority
Canada will raise the number of spots for Startup applicants and prioritize those financially backed. Work permits will be open and last 3 years.
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Portugal Govt. Proposes to Keep Golden Visa After All, Eliminating Only Real Estate, Capital Transfer Options
The same governing party that introduced the bill to end the golden visa in the first place is now proposing to keep most of the program.
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Serbian Govt. Proposes Law to Grant Citizenship After Just 12 Months of Residency
The government of Serbia, an EU candidate, wants to give immigrants and refugees citizenship after just a year of living in the country.
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