The Investment Migration Knowledge Platform
It’s complicated. Fortunes have been cut in half, millions of jobs are gone. At the same time, central banks are printing money like it’s going out of style.
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Following the circulation of news articles in Grenada, Range Developments say they are once more the target of false claims made in public.
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“Citizenship by Investment is evolving and is now seen as a new asset class for global citizens,” says Gregor Nassief, Proprietor and CEO of Secret Bay.
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A sharp uptick in real estate investment and drastically improved processing saw the program raise EC$166 million in 2019, 13% more than its 2018 record.
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TIP offers CIP-investors the best property options in terms of price, location, and ROI, across the top investment regions within Turkey.
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Launched only last month, IMI Real Estate – our platform exclusively dedicated to RCBI-qualifying real estate – already has more than 100 properties listed.
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As Saint Lucia’s first CBI-approved project breaks ground, the project’s developer promises delivery in 2-3 years. There’s reason to question that estimate.
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“I would not be shocked if [in Lisbon and Porto], the minimum investment requirement went from EUR 500,000 to EUR 1m,” says the President of APEMIP.
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As CIP-demand slows, luxury developers are most likely to take the brunt of the impact while the overall market continues on a modest upward trajectory.
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We are creating a platform that provides value to all parties in the industry – developers, agents, and investors.
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The Greek property market has taken a drastic turn for the better during 2019, spurred on by a VAT holiday and soaring demand for golden visas.
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Three out of four projects so far are in the North, where the required investment is lower. Several more project approvals are expected by the end of the year.
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Portugal’s recent focus on private equity investment funds for Golden Visas reveal investor migrants are now sensitive to sound tax and exit strategies.
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So far, the Montenegro CIP has had only one approved development. But many more are slated for CIP-designation in the weeks and months to come.
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Portugal’s government wants to channel more golden visa funds into non-real estate projects to address concerns about housing costs. That will not be easy.
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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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The troubles that came to light in Saint Kitts’ CBI real estate sector this year appear to have subsided. What’s been done to prevent future instances?
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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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Mohammed Asaria, Managing Director of Range, describes the project as “transformative” and vows to make La Sagesse “the second tourism capital in Grenada”.
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It’s not a security issue and it’s not a moral issue. But it certainly is a PR headache.
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