Europe’s Golden Visa Boom: From 3 to 23 Programs in 10 Years

More than half of Europe’s countries now have a formal residence by investment program. We’ve mapped the development in a GIF. In 2008, only Gibraltar, the UK, and Monaco had formal residence by investment programs. Today, 23 of Europe’s 44 countries have golden visas. On our map, we’ve only included residence by investment programs that

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IMC to OECD: Singling out RCBI-Countries “Makes No Sense and Cannot be Justified”

In a public response to the OECD’s “blacklisting” of jurisdictions with residence and citizenship by investment programs for alleged circumvention of the Common Reporting Standard (CRS), the Investment Migration Council writes that while they sympathize with many of the OECD’s motivations, tax and investment migration are two separate legal concepts that ought not to be

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Greece to Dethrone EB-5 as World’s Biggest Golden Visa by Year-End

Since the suspension of Canada’s federal Investor Immigrant Program in 2012 (and its complete closure in 2014), the world’s undisputedly most popular golden visa has been the US EB-5 program. That will change before this year is over. Tiny Greece, which has a population of 11 million and a land area that equates to only

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Henderson: RCBI-Advisors Lose Clients By Not Really Listening to Them

When I renounced US citizenship last year, after years of debating the idea, the reaction from my friends and colleagues in developing countries like Georgia, Montenegro, and Malaysia was the same: “You’re an idiot.” Very few people – Americans and others alike – understood why I would give up what is widely considered to be

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Egypt’s Parliament Passes Residence-to-Citizenship by Investment Bill

The Egyptian parliament has passed a law that will grant residency – and, after a five-year period of continued residence, citizenship – to foreigners who deposit seven million Egyptian pounds (about US$ 390,000) in one of the country’s state-owned banks. Reports of the new “program” reveal several characteristics unorthodox in the RCBI-market: Those approved under

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Looking for a trusted B2B partner to expand your RCBI offering?

This sponsored feature is brought to you by: If you are reading this article on imidaily.com, it is likely that you are in the business of offering Residence-by-Investment Programs (RBI) and/or Citizenship-by-Investment Programs (CBI) to private clients. After more than three decades since the first RBI (Canada) and CBI (St Kitts) entered the marketplace, the industry

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OECD Receives 21 Responses to Public Consultation on CBI/RBI and CRS-Question

In late February, the Organization for Economic Cooperation and Development (OECD) issued a public consultation paper in which it expressed concerns that residence and citizenship by investment (RCbI) programs may be used to circumvent the Common Reporting Standards (CRS). Last week, the OECD published a compilation of the responses it received, which included comments from

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OECD Issues Paper on “Preventing Abuse of Investment Migration Programs” for CRS Circumvention

The Organization for Economic Co-operation and Development (OECD) has published an open consultation paper in which it outlines how due diligence professionals can “prevent the abuse of investment migration programs to circumvent the CRS” (Common Reporting Standards), and is asking for public input to that effect. Of note is that the report explicitly emphasizes that

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6 moronic objections to investment migration (and how CBI/RBI is improving the lives of millions)

Opinion of the editor: Dear investment migration professional, Much of the mainstream media and a slew of social commentators would have you believe investment migration is a nefarious business, even to the extent that it makes some of you keep a low profile about what you do for a living. By way of vague hints, unsubstantiated

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Online platform set to generate thousands of qualified leads for CBI/RBI companies

www.wherecani.live, a recently launched online platform that lets visitors see where they currently have a right to reside based on nationality, ancestry and residence permits, and how they could increase their options in the future by investing in second passports or visas, has been on a rapid upward trend on social media recently. “We plan to make

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French “angel investor visa” could be serious contender to Southern Europe’s golden visas

A EUR 300,000 passive investment in a French startup will get applicants and their families a 4-year visa that can be renewed as long the investment is maintained. After five years of continuous residence in France – or, indeed, in any EU country, as per EU rules – applicants are eligible for permanent residence. A

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