Source: euronews.comPublished: 12 January 2022Bulgaria’s new government on Wednesday passed a bill aimed at getting rid of “golden passports”, a programme that allows people to become citizens in exchange for large investments.The European Commission has repeatedly expressed concern about this practice and launched infringement proceedings against Malta and Cyprus over it.It considers that it presents risks […]
Source: ec.europa.eu Published: 12 January 2022 The Commission is proposing today a partial suspension of the application of the agreement with the Republic of Vanuatu allowing citizens of Vanuatu to travel to the EU without a visa for stays of up to 90 days in any 180-period. This is necessary to mitigate the risks posed by Vanuatu’s investor […]
Source: nordicmonitor.com Published: 7 January 2022 The Turkish government has made significant changes to a regulation that grants Turkish citizenship in return for investment, the acquisition of property or a deposit of money in Turkish banks, which it has been implementing for a while to meet its foreign exchange needs. According to an announcement by President Recep Tayyip Erdoğan […]
Source: caribjournal.com Published: 6 January 2022 Buyers seeking dual citizenship in the Caribbean will be pleased to know that St. Lucia’s Citizenship by Invest Program (CIP) recently announced it has extended its special COVID-19 offer through the end of 2022. St. Lucia’s CIP is currently offering one of the most affordable second passport options for families […]
Source: in-cyprus.philenews.com Published: 21 December 2021 Disgraced ex parliamentary speaker Demetris Syllouris will most likely be prosecuted for serious offences, Philenews reported on Tuesday citing insiders. Syllouris was filmed by Al Jazeera last year while promising to make the Cyprus passport issuance procedure easier for fictitious investors with a criminal record. An insider said police have rounded […]
Source: economictimes.indiatimes.com Published: 16 December 2021 The EB-5 program has always been a topic of discussion and chaos among highly influential investors. Though the EB-5 program has enjoyed a good history, it also had its share of issues and controversies that many investors find difficult to fathom. This article will discuss some of the most common […]
Source: iiusa.org Published: 3 December 2021 Yesterday (3 Dec 2021) Congress passed a “continuing resolution” (CR) until February 18, 2022, to keep the U.S. government-funded and operational. By design, CRs are simple measures intended to instruct the U.S. Treasury to continue paying the government’s operation costs. That “simple” instruction, however, is critical to the government’s stability. In the absence […]
Source: channelstv.com Published: 1 December 2021 International migration rose last year despite the dramatic impact of the Covid pandemic on migration patterns, including restrictions blocking many from crossing borders, the United Nations said Wednesday. In a fresh report, the UN’s International Organization for Migration (IOM) said the number of international migrants grew to 281 million in […]
Source: thenationalnews.com Published: 26 October 2021 The UAE’s 10-year golden visa is the most cherished ticket in the regional entertainment industry. Ever since the government scheme was introduced in 2019 to attract investors, it has been expanded to also acknowledge the cultural contributions made by creatives, including actors, singers and composers, spanning the Arab world and beyond. From […]
Published: 4 November 2021 On the 21 October 2021, the European Parliamentary Research Service (EPRS) published a Study – European added value assessment (EAVA) intended to support the drawing up of a legislative-initiative report on Citizenship and residence by investment (CBI/RBI) programmes by the European Parliament’s Committee on Civil Liberties and Home Affairs (LIBE Committee). […]
