Author: Niu Ltd

Moldova Suspends Citizenship by Investment Programme Used by Dubai Developer

The government of Moldova has temporarily suspended a controversial citizenship-by-investment scheme that has been recently used to entice customers by a Dubai developer. The Moldova Citizenship-by-Investment (MCBI) programme made global headlines in June following Dubai developer Kleindienst Group’s announcement that investors in its Heart of Europe project on The World will be eligible for Moldovan […]

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Minister Promises ‘Urgent Action’ After Shock High Court Ruling on Citizenship Applicants

Citizenship applicants have expressed concern following a High Court ruling that nobody can be granted Irish citizenship if they have spent a single day outside the country in the past year. The unexpected judgment, handed down by Mr Justice Max Barrett, could affect thousands of people applying for Irish citizenship on the basis of residence […]

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UK Undercover Reporters Show Shortcomings in Home Office Tier 1 Vetting That Industry Has Repeatedly Warned of in the Past

In a series of articles and videos, the Times and Channel 4 used hidden cameras to film UK Tier 1 providers appearing to trivialize the Home Office’s vetting practices. They omit to mention that service providers themselves have repeatedly urged the Home Office to enhance their procedures. In a series of articles termed a “revelation” […]

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Minister of Economy’s Statements on Moldova CIP Give Rise to Cautious Optimism

The fate of Moldova’s Citizenship by Investment Program has been uncertain since the resolution of the country’s constitutional crisis some two weeks ago. The incoming government coalition had said it was “committed” to ending the program and, during the first reading in Parliament, elected officials voted in favor of amending legislation to that effect. But the […]

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Canada Hoping Others will Support its Ban on Russian Passports Issued to Ukraine Citizens

Canada is courting international support for its plan to reject Russian passports given to Ukrainian citizens in the parts of Ukraine occupied by Kremlin-backed separatists. Foreign Affairs Minister Chrystia Freeland says Canada has presented technical details of a plan to allies attending this week’s Ukraine reform conference in Toronto so they can follow suit. “We […]

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OMB Completes Regulatory Review of EB-5 Immigrant Investor Program Modernization Rules: Final Reform Measures may be Published Imminently

The Office of Management and Budget’s (OMB) Office of Information and Regulatory Affairs (OIRA) completed its review of United State Citizenship and Immigration Services’ (USCIS) proposed regulations to update the Immigrant Investor Program known as EB-5. USCIS first published its proposed rules, titled EB-5 Immigrant Investor Program Modernization or RIN 1615-AC07 (EB-5 Modernization Regulation), in […]

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PM Willing to Create Team to Sensitise Correspondent Banks About CIP

In an effort to sensitise correspondent banks on the integrity and security of the Citizenship by Investment Programme’s (CIP’s) application and approval process, Prime Minister Gaston Browne, in his capacity as OECS Chair, said that he is willing to assemble a team of government officials, CIP executives, Anti-Money Laundering and Countering Financing of Terrorism experts […]

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