A spike in geopolitical uncertainty, a fall in HNWI wealth and a rise in the number of countries offering golden visas are all factors driving the Citizenship-by-investment (CBI) market, finds Oliver Williams. The investment immigration market allows individuals to obtain either citizenship or residency of another country in return for an investment. Unlike its more […]
During his annual budget address, the Prime Minister of the Commonwealth of Dominica, Roosevelt Skerrit, emphasised the key role the island’s Citizenship by Investment (CBI) Programme plays in boosting the country’s economic performance. According to statistics presented before the Dominican Parliament, the CBI Programme is expected to make up 51% of Dominica’s total recurrent revenue […]
Attorneys are turning to the courts to unclog a massive immigration application backlog that’s resulted in processing delays lasting up to seven years in some instances. “It’s really reaching crisis proportions,” said H. Ronald Klasko of Klasko Immigration Law Partners in Philadelphia. “Not only has the government increased the processing times substantially,” he said, it’s […]
Our analysis confirms what most industry stakeholders have believed for a long time; residence by investment programs are, at their core, a mechanism for moving people from unfree to broadly free countries. We have written before that one of the most transformative and meaningful roles investment migration plays in world economics and politics is to punish countries […]
Malta, the European Union’s smallest member state by population, but the bloc’s fastest growing economy, today competes with other EU jurisdictions within the Mediterranean region – Cyprus, Greece, Spain and Portugal – to attract so-called “citizenship by investment”. Boasting one of the EU’s most attractive fiscal frameworks, the country’s general economic strategy can be summarised […]
The governments of Antigua and Barbuda and the Republic of Kosovo on Wednesday, signed agreements simultaneously establishing diplomatic relations and abolishing visa requirements between their nations. The agreements were signed in Washington, DC by the ambassador of Antigua and Barbuda, Sir Ronald Sanders, and the Republic of Kosovo’s Ambassador, Vlora Citaku. Commenting on the two […]
A U.S. visa that awards green cards to foreign investors will require a much larger investment under new rules released today and slated to take effect Nov. 21. Foreign citizens are already contacting immigration lawyers about getting their EB-5 investor visa applications in before the new rules impose higher costs, but once the rules are […]
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 […]
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 […]
A boost to the Citizenship by Investment Programme (CIP) was the main reason given for the government’s decision to grant visa-free entry to diplomats, investors and tourists form the United Arab Emirates (UAE). Cabinet announced this week the implementation of a policy under which certain categories of UAE passport holders will get visa free entry […]
