
Latvia Steadies Golden Visa Ship, On Track for Slight Uptick
Business investment applications account for 74% share of Latvia’s Golden Visa program as Chinese investors take top spot

Business investment applications account for 74% share of Latvia’s Golden Visa program as Chinese investors take top spot

US Investors, who account for less than 10% of Chinese investors, contributed more than double in pure investment terms

While applications were down (71%) on the year in Q3, revenues are heading for all-time highs thanks to record processing efficiency.

One developer dominates St. Lucia’s CIP: Caribbean Galaxy’s Canelles Resort secured all 751 real estate applications worth US$203M.

The Philippines’ new FIV program attracts 200+ global investors in just one month! A US$75k investment nets permanent residency.

Antigua & Barbuda’s brinkmanship on MoA implementation, which saw it remain the cheapest Caribbean CIP for a month, appears to have paid off.

Indians sent 2,800% more money abroad in 2024 than in 2014, and more than 200,000 of them are now giving up citizenship each year.

Processing times for the most popular investment migration programs now range from 2.5 months to more than 3 years.

More popular than ever, the Greek golden visa struggles to get through a backlog caused by biometric appointment delays during COVID-19.

Varvara Latyntseva: This year already boasts the highest number of investors completing the EB-5 process in the program’s history.

While CBI’s share of gov’t. revenue is down by two-thirds since the Schengen suspension, Vanuatu’s CBI revenue remains surprisingly resilient.

Grenada has released the most comprehensive data set in its CBI program’s history. Revenues remain at record highs despite cratering application volume.

Demand for real estate investment visas in Panama remains buoyant and is on track to break records in 2024.

1,879 investors started their EB-5 journey in Q2, 2024. Varvara Latyntseva sees signs a new EB-5 golden age is now in the making.

IMI now collects real-world data on current processing times for major residence and citizenship by investment programs, updated quarterly.

Two-thirds of applications submitted last year (and 8% of those from 2022) remain unprocessed as elevated demand continues unabated.

The UAE’s golden visa approval volume doubled again last year, buoyed by a surge in Russian real estate investment.

Grenada collected more CBI revenue in 2023 than in the preceding five years combined but still has a backlog worth over half a billion EC$.

Cypriot authorities hope to turn the island into an “innovative tech hub,” but its Startup Visa has produced limited tangible results.

“Demand for the EB-5 program still sharply exceeds the limits established by the US Government,” writes Varvara Latyntseva.