| We are excited to share the latest edition of the Crossing Borders newsletter, featuring valuable insights and updates. This issue includes a comprehensive look at citizenship rankings beyond visa-free travel, considering factors like personal freedom and economic stability. You’ll also find information on Malta’s new Startup Residence Programme for entrepreneurs, Bulgaria’s streamlined Golden Visa for EU residency, and the critical role of due diligence in citizenship by investment programmes. We explore the mobility challenges and opportunities for African citizens, the recent amendments to Greece’s Golden Visa programme, and the rising trend of American retirees seeking investment migration opportunities abroad. Additionally, we cover the latest changes to Canada’s Startup Visa Programme and the continued opportunities through provincial entrepreneur programmes.
Another highlight is the upcoming regulatory changes in the European Union, which will include investment migration operators as obliged entities under the Sixth Anti-Money Laundering Directive (6AMLD). This is covered in the article entitled “EU Set to Tighten AML Rules on Investment Migration by Summer” by IMGW.News.
By including investment migration operators and other newly obliged entities, the EU is working to demonstrate its commitment to closing loopholes and ensuring comprehensive coverage in the fight against financial crime. Industry experts see this regulatory development as an implicit acceptance of investment migration by the EU, although this area could see further disruption or breakthroughs once the ongoing court case by the EU Commission versus Malta is concluded.
2024 is proving to be quite an exciting year, indeed!
Happy reading,
Bruno L’ecuyer
Editor |
