Category: News

Foreigners’ Interest in Housing Market Spurs Sales in Furniture Industry

Turkey’s furniture sector has been boosted by a surge in home sales to foreigners thanks to the country’s program for getting citizenship through investment, according to sector observers. Home purchases by foreigners have risen sharply since last year, when Turkey eased conditions under the program. Under the changes, foreigners who invest $500,000 in Turkey, deposit […]

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Citizenship Will No Longer Be Automatic For Children of Some US Military Members Living Overseas

The Trump administration is making it more difficult for the children of some US service members and US government employees living abroad to automatically become US citizens, according to apolicy alert released Wednesday by US Citizenship and Immigration Services. The rule appears to primarily affect the children of naturalized US citizens serving in the armed forces […]

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Senator Moves to Prevent EB-5 Price Hike on Nov 21st by Joint Resolution

Republican Senator Rand Paul is asking his colleagues in the Senate to sign a Joint Resolution that would stop the EB-5 program’s planned price increase in November. Congress last month approved EB-5 Program Modernization regulations, which the Department of Homeland Security subsequently published in the Federal Register. Should nothing prevent the new rules from taking […]

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Greece Preparing Citizenship by Investment Programme Similar to Cyprus

Local land developers but also service sector professionals are becoming concerned by reports that Greece’s new government is planning to launch a  citizenship by investment programme similar to that of Cyprus. The programme provided by Nicosia in recent years has substantially contributed to the recovery of the Mediterranean island’s economy. The new right-wing government under […]

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