Joe Biden is the next president of the United States. Unless Democrats win two runoff elections in Georgia, Biden may not have a Democratic majority in the Senate, making ambitious immigration legislation more challenging. Despite that, Joe Biden will have an opportunity to enact significant changes to U.S. immigration policy. Legal Immigration: By 2021, Donald Trump will […]
On October 20, the European Commission launched an infringement procedure against Cyprus and Malta over so-called “golden passport” schemes, in which individuals can get a fast track to citizenship after investing between € 1 and 2.5 million in the countries’ economies. This practice has been lucrative for both governments. Since 2013, Cyprus raised € 4.8 […]
In an IMI-exclusive interview, IMC-boss Bruno L’ecuyer explains how infringement procedures work, how common they are, and what they will mean for Malta and Cyprus. Many are asking about the precise nature of so-called infringement procedures. What are they really, and what is their purpose? L’ecuyer: The European Union (EU) is based on treaties and […]
Malta’s Parliamentary Secretary for Citizenship, Alex Muscat, today echoed the conclusions drawn last week by both the Investment Migration Council and leading scholar on EU constitutional and citizenship law, Prof. Dimitry Kochenov: The European Commission’s demand that Malta and Cyprus terminate their citizenship by investment programs are ultra vires and politically motivated. “We have been […]
Media Release Geneva, 23rd October 2020 In response to the infringement procedures initiated by the European Commission against Malta and Cyprus regarding their citizenship by investment programme, the Investment Migration Council (IMC) underlines that, in the European Union (EU or the Union), citizenship of EU Member States remains a national competence. The division of competence […]
The two countries have raised billions of euros by selling thousands of coveted travel documents, even in some cases granting citizenship to foreigners fleeing arrest warrants. Cyprus and Malta will face European Union penalties if they do not abandon lucrative programs that sell “golden passports” to foreigners, the bloc says, a long-anticipated crackdown on a […]
The urge to escape covid-19 has given it a boost FOR THE industry’s critics, it is a scandal that exposes exactly what they have been warning about. Many people have an almost instinctive distaste for the business in selling long-term-residence rights in a country or even citizenship there for cash, usually in the form of […]
Legal pathways, cheaper remittances, guaranteeing women’s rights could help get people moving again according to new UN research. Global human mobility has halted with the overall impact of COVID-19, hitting people on the move hard. As borders re-open slowly, a new UN Development Programme (UNDP) report illustrates how governments can shape migration to benefit development […]
Press Release: 19th of October 2020 The InvestUK Group has seen remarkable 50% growth during 2020. When most businesses has shrunk during the Covid 19 pandemic IUK Group has seen an impressive jump in inward investment appetite for the UK. Since it started operations in 2013, The Group has completed 280 transactions with a direct […]
Dear IMC Member, The European Commission has launched a public consultation on the next steps on legal migration, and particularly on attracting skills and talent to the EU. The public consultation, as explained by the Commission, aims to identify areas where the EU framework on legal migration could be further improved, including through possible new legislation. In […]
