Source: cyprus-mail.com Published: 6 September 2022 Larnaca criminal court will on November 4 deliver its judgment in the first trial relating to the controversial citizenship-by-investment programme. The court announced the date on Tuesday, after hearing clarifications from the attorneys on their closing arguments which they had made on August 31. Filed in May 2021, the case […]
Source: mondaq.com Published: 5 September 2022 The EB-5 Reform and Integrity Act of 2022 (“RIA”) was signed into law on March 15, 2022 to reauthorize the regional center program. In an unforeseen circumstance, USCIS prevented this from occurring by decertifying every previously approved EB-5 Regional Center and requiring them to refile for designation. In response to […]
Source: stlucia.loopnews.com Published: 30 August 2022 Tourism and Investment Minister Ernest Hilaire says plans are underway to improve the Citizenship by Investment Programme, which has been hit by the ongoing Ukraine – Russia Conflict. Dr Hilaire spoke to the media Monday, returning from his recent overseas trips. Saint Lucia joined the rest of the world in […]
Source: periodicaltoday.com Published: 26 July 2022 The government of the small island nation of the Caribbean, Saint Lucia, has recently signed a Development Agreement to construct a luxurious 345-room Grand Hyatt hotel in Choiseul’s Sabwisha. The hotel’s construction will commence in 2023 and is expected to finish by early 2025. Prime Minister Philip J Pierre, Deputy […]
Published: 25 July 2022 The Investment Migration Council (IMC) has released the first-ever Guidelines on Advertising and Marketing, providing a practical guide for IMC members when issuing commercial messages. The Guidelines, also referred to as IMC Marketing Standards, aim to create a culture of professional excellence and ethical marketing practices in investment migration. They consist […]
Source: occrp.org Published: 20 July 2022 Four people, including the former head of the Cyprus Parliament, were charged with corruption over their role in the country’s cash for passport scheme, according to a statement by the Attorney General. An August 2020 investigation by Al Jazeera, called “The Cyprus Papers,” revealed how the Cyprus Investment Program allowed convicted criminals […]
An article written by the Investment Migration Council, for the IM Yearbook 2021/2022 With all that took place in 2021, we take a moment to review some of the key shifts that occurred and how these will influence how we live, work and play in 2022. 1. Wealth Considering that 2020 was a year marked […]
An article written by Laura Austin, Managing Director of Mintz Group for the IM Yearbook 2021/2022 Due diligence providers know the investment migration industry inside out and have a responsibility to participate in education and advocacy efforts, writes Laura Austin. The Investment Migration (IM) industry has acknowledged the importance of de-risking the sector, which necessitates […]
By Patricia Casaburi, Managing Director at Global Citizen Solutions We are a few months into 2022 and the much talked about Portugal Golden Visa changes have been finally implemented. While the fundamentals of the program remained the same – acquiring Portuguese residency in return for a qualifying investment – some options have been changed or […]
Source: latitudeworld.com Published: 17 June 2022 Latitude Group is proud to announce that its Malta office is celebrating their first applicants receiving their Maltese citizenship approvals under the newly established Maltese Exceptional Investor Naturalization (MEIN). These first applicants and their families started their MEIN journey in December 2020 and took just under 18 months to receive […]
