Category: News

COVID-19 The Positive Effects on Citizenship & Residency By Investment

COVID-19 has had some major effects on the world economy, most of which are negative. However, the virus outbreak impacted the Citizenship by Investment and Residency by Investment industry positively. According to Bluemina, a leading firm in the Citizenship and Residency by Investment industry, the Corona Virus crisis facilitated the process of obtaining a second […]

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Vanuatu’s Dual-CIP Era Drawing to a Close? “Hong Kong-Jimmy” Receives Termination Notice

In a remarkable turn of events, Vanuatu’s new Deputy Prime Minister has served Jimmy Ng King Cheung – the country’s Trade Commissioner to Hong Kong and sole authorized agent for the parallel citizenship by investment program, the Vanuatu Contribution Program (VCP) -with a three-month termination notice. The notice opens by referring some hitherto unpublished details […]

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CIP Board Monitors Looming Threats

A Citizenship by Investment Board member has said while the nation is striving to ensure the continued momentum of the local programme, officials are monitoring “threats on the horizon” from international bodies Ambassador Colin Murdoch disclosed that the European Union (EU) is among those considering action. “We are looking closely at actions that are taken […]

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Italy Halves Minimum Investment of “La Dolce Visa” to EUR 250,000 – But Will Investors Bite?

A 321-page legal decree published in the Italian government gazette this week (colloquially known as the Decreto Rilancio, or “revival decree”) contained a wide variety of measures relating to layoffs, aid to self-employed workers, and support for business, all aimed at reviving the Italian economy following COVID-19. Of particular interest to investment migration professionals was the […]

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Quebec Suspends Immigrant Investor Programme Again

Quebec is extending the temporary suspension of the immigrant investor program. The Quebec Immigrant Investor Program (QIIP) will now be closed to applications until April 1, 2021, according to the Ministry of Immigration, Francization and Integration (MIFI). Quebec had previously closed the program until July 1, 2020. The program allows people with a net worth of […]

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IIUSA Urges Senators to Embrace the EB-5 Programme

Invest in the USA (IIUSA) released the following response to the recent letter sent to President Donald J. Trump from U.S. Senators Tom Cotton (R-AR), Ted Cruz (R-TX), Chuck Grassley (R-IA), and Josh Hawley (R-MO) urging a suspension of the EB-5 program and several other employment-based immigration categories until “unemployment has returned to normal levels.” […]

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