Saint Kitts and Nevis follows its policy and continues to improve the program. The planned changes have been known since the beginning of December 2022: they were announced by Prime Minister Terrance Drew during his official Dubai visit. Now the Citizenship by Investment Unit officially announced exactly how investment conditions will change from January 2023 onwards. Non-refundable Sustainable Growth Fund contribution State fund investment is the most popular …
Investors can obtain a residence permit in New Zealand for three or four years if they participate in the government's Investor 1 or Investor 2 programs. But these two programs will close on July 27, 2022: all applications submitted before that day will be considered. The cancellation of the Investor 1 and Investor 2 programs is part of a new government strategy to change the country's immigration policy. New Zealand plans to attract experienced, …
New Zealand will issue residence permits to investors under new conditions Читать далее
The residence permit program in Portugal officially worked. SEF continued to process the investor documents it accepted in 2021. Licensed agents could apply for investors who wanted to obtain a residence permit in Portugal for investment in cultural heritage or through the creation of five jobs in the country. These program options remain unchanged. Portugal also limited the choice of properties. Applicants for a residence permit for investment can now buy residential real estate only: in Madeira …
Emergence of the Nomad Residence Permit program in Malta In the past three years, the work‑from‑anywhere model has increased worldwide, reaching an estimated number of 35 million people. Before 2035, that figure is expected to be 1 billion. Considering the statistics, developed countries now offer residency perks for so-called digital nomads, including high-net-worth entrepreneurs and investors. The island of Malta was among the first states to introduce the Nomad Residence Permit …
Malta remains a beneficial residency choice for digital nomads Читать далее
80% of the UAE's population are foreigners, whom the government considers to be the backbone of the economy. To attract residents, the UAE periodically changes its visa policy: simplifying entry regulations, introducing new categories of foreign nationals who can obtain residence permits. On 18 April 2022, the UAE Cabinet approved new provisions for the Entry and Residence of Foreigners Act. The changes will take effect in September 2022. We tell you about …
UAE introduces new types of residence permits and visas for entering the country Читать далее
To obtain an EB-5 visa, an applicant invests in a new or existing US company. It can be done on your own or through a regional center, which is a special organization that promotes the development of the economy of a particular state. The option with regional centers is more popular among investors. In this case, the applicant invests in an already approved business project. At the same time, the investor is not obliged to create a certain …
USA restart issuing EB-5 business visas for investments through regional centers Читать далее
The leaders of the European Commission, France, Germany, Italy, The Great Britain, Canada and the United States have issued a joint statement that they would impose sanctions on Russia and its state-owned companies. Sanctions are introduced gradually. The country leaders agreed on the following: 1. Disconnect individual Russian banks from SWIFT — the international system for the transfer of financial information. With the help of SWIFT, banks transmit transaction messages to each other in the form …
The St. Kitts and Nevis Citizenship by Investment Program includes two types of projects under the AIO option: In order to participate in the citizenship program, the investor also covers Due Diligence, fees and charges. If the investor plans to get a second passport with his family, the amount of investment in real estate may increase. Investment in real estate under the Saint Kitts and Nevis program Investment option For the investor For a married couple For a family up to 4 …
Saint Kitts and Nevis has added an option for investors with a benefit of $25,000 Читать далее
The EB-5 visa is issued to investors who want to do business and move to the United States. A spouse and children under 21 years of age can accompany the investor. To obtain an EB-5 visa, an investor must start a new business or invest in an expansion of an existing US company. Another option is to invest in an approved business project through one of the regional centers. These are units licensed …
EB-5 business visa investment in the US halved by the court ruling Читать далее
The lira exchange rate against the US dollar has almost halved in 2021. The fall affected the cadastral value of real estate, which was calculated in lira at the exchange rate on the day of valuation. For the object, which at the beginning of the year cost $250,000, in December the investor would have to pay almost $500,000. From January 2022, all payments under the program will be made only in US dollars or the equivalent in a foreign currency, but not in Turkish lira. …
Turkey Clarifies Rules for Participation in Citizenship by Investment Program in 2022 Читать далее
Residence permit or citizenship in Europe in 2022 Portugal will limit the choice of properties for investors who wish to obtain a residence permit for the country. From 1 January 2022, applicants for a residence permit by investment can only buy residential property: In Madeira and the Azores; In the interior regions of Portugal, which do not include coastal resort areas and major cities such as Lisbon and Porto. Commercial property remains available for purchase …
How Citizenship And Residence Permits By Investment Programmes Will Change In 2022 Читать далее
From May 2020, investors will buy special interest-free bonds - Covid-19 Relief Bonds. Buying these bonds costs half the price: the minimum transaction amount is $250,000 instead of $500,000. The special offer to buy government bonds has been extended until 31 December 2022. It originally expired at the end of 2021. The government will amend the conditions of the programme shortly. Once they come into force, the department will continue to accept …
Citizenship of Saint Lucia with a benefit of $250,000 Читать далее
A similar draft law was proposed for parliamentary consideration in 2020. Then the bill was postponed: MPs ruled that amendments to the law "On Citizenship" required amendments to the constitution first. On 1 December 2021, Vladimir Zelenskiy defined the draft law as urgent. The Verkhovna Rada will consider the first proposals on the bill during the second reading of the plenary session scheduled for 3 December. What changes are proposed to the Ukrainian Law on Citizenship Establishing …
Ukraine Will Allow Its Citizens To Hold Multiple Passports Читать далее
How much need to invest to obtain a passport for St Lucia The Saint Lucia Citizenship Investment Programme has been in operation since 2015. The benefits of the passport, speed of application processing and favourable conditions for investors have made the programme one of the best in the region in 2021. Investment options under the St Lucian citizenship programme Option Amount Contribution to the National Economic Fund From $100,000 Purchasing government bonds From $250,000 Purchasing a property From $300,000 Investing in business …
50% Discount On St Lucia Passport To Expire In A Month And A Half Читать далее
The innovation is being implemented as part of a programme to upgrade the island's border control system. This was announced by Dominica's Minister of Defence and the Interior, Raybu Blackmoore. Why the new passport format is needed Dominicans are still required to submit fingerprints when applying for documents. However, current passports are machine-readable, meaning that information about the holder is encoded in a chain of characters for optical recognition. A special chip …
Long-term visas can now be obtained: Previously, only scientists accredited by the UAE Science Council could participate in the programme. Doctors of science had to fulfil several conditions at once, such as having 10 years of scientific or professional experience. Together with the specialist, a long-term visa can be obtained for the spouse and minor children. The government hopes to attract talented people and professionals to the country in promising areas such as …
Visa To The UAE For 10 Years For Talented Students And Professionals Читать далее
How to get permanent residency in Panama: conditions for investing and maintaining residency status In 2020, Panama has established a special path to obtain permanent residency in the country by investing in the country's economy. The conditions for investors are set by Executive Order No. 722 of 15.10.2020. The investment options include four options: two options with the purchase of the real estate, the purchase of shares on the Panamanian stock exchange, and the creation of a term deposit in a local bank. The money …
Costs of Permanent Residency in Panama will increase 1.5 times in 2022 Читать далее
An expedited business registration service is provided by the Ministry of Energy, Trade, and Industry and the Ministry of Internal Affairs of Cyprus. They help a new company or a branch office: advise how to obtain a license for a company in Cyprus; Approve the name - it has to be unique; register with the Cyprus Companies Registry and social security system; to obtain the status of a profit tax and VAT payer; To obtain a residence and …
Business in Cyprus in 7 days: new company registration procedure Читать далее
The law on issuing residence permits by investment was passed back in June 2019. But the law is still being finalized: the government establishes procedures and adds new investment options. The latest update of the law was adopted in early May 2021. Investors will be offered a new investment option - long-term investments in Iranian financial markets and exchanges. Bahador Bijani, deputy chairman of the Securities and Exchange Organization …
5 ways to get a residence permit in Iran by investment Читать далее
The citizenship by investment program formally began operating in Egypt on March 14, 2020. This is the date of publication of Parliamentary Law No. 190, which establishes the conditions and procedure for issuing a passport for contributions to the country's economy. By April 2021, the Egyptian government created a special department that will accept and review investors' applications. By summer, the department plans to launch an official program website. The program is not limited in time or …
4 investment options under the new Egyptian citizenship program Читать далее
The new format of the residence cards is approved in accordance with the European Union regulation 2019/1157 of June 20, 2019, on strengthening the security of documents of citizens and residents of the European Union. The regulation sets strict standards for the documents of citizens and residents of the European Union. New requirements will help bring cards to a uniform appearance and better protect the personal data of residents. Under the regulations, Malta is obliged to begin issuing cards of the new type from August …
Malta starts issuing residence permit and permanent residence cards of a new format Читать далее
The government is suspending the Quebec Immigrant Investor Program for the third consecutive time. Applications were first frozen in November 2019 for seven months to review a backlog of investor applications. In May 2020, Immigration Canada announced that the program would not resume until April 2021. The decision is documented in Immigration, Francisation and Integration Order 2020-001. In March 2021, the ministry again extended the freeze on the program for two more years. The official reason was …
Canada extends freeze on citizenship by investment program for two more years Читать далее
The program department is proposing to add another option to attract more investment to the state's economy. In 2020, revenue from the citizenship program helped offset losses in the tourism industry, on which about 50% of the state's GDP depends. The new option would further increase investor demand for participation in the program. When and what real estate will be allowed to buy investors A bill amending Vanuatu's citizenship law has already been laid …
New option in Vanuatu citizenship program 一 buying real estate Читать далее
The Government of the Federation of St Kitts and Nevis reduced the contribution amount for families in July 2020 to make the programme more attractive to investors. The special offer was valid until 15 January 2021. On 1 March 2021, the programme department will resume accepting applications for the special offer. The discount is valid until December 31, 2021. The Government’s decision to prolong the limited-time offer is confirmed with the notice from the CEO of the Citizenship by Investment Unit. Under the terms of the special …
St Kitts and Nevis prolongs 25% discount for citizenship programme Читать далее
The new terms of the program took effect on March 29, 2021. They are stated in the Legal Notice 121 of March 26, 2021. Between 2016 and 2021, the programme department received 2,542 applications from investors from all over the world. Around 70% of the applications were approved. Over the years of the programme's existence, foreigners have contributed 49 million euros to the country's budget. How much and what to invest in under the new rules Under the old rules, …
How to get a residence permit in Malta in 2021: new conditions for investors Читать далее
The changes are aimed at attracting more investment into the country's budget. The government has expanded investor opportunities to make up for the loss of citizenship by an investment program cancelled in November 2020. The full text of the updated rules for obtaining permanent residency by the investment of March 24, 2021 - on the website of the Ministry of Interior of Cyprus. How much and what to invest in under the new rules The old rules from 2016 provided for only one investment option - …
New conditions for obtaining permanent residency in Cyprus for investment in 2021 Читать далее
A double taxation treaty is an agreement between two countries. It regulates the payment of taxes when the source of income is in one country and the recipient is in the other. Let's look at an example. Investor - the shareholder of a Russian company, receives income in the form of dividends. He lived in Malta for more than 183 days in a year and became a tax resident there. At the same time, he continues to receive dividends in Russia. …
Ratified Double taxation treaty with Malta: at what rates to pay taxes in 2021 Читать далее
The investment program of Montenegrin citizenship is valid since January 2019. It is designed for three years, 2021 is the last year. The proposal not to extend the program for another three years is set out in the report of the Ministry of Economic Development. Why Montenegro is not going to extend the program The Montenegrin citizenship program is suitable for investors who want to move to live in a European country with a warm climate and good environment. With the Montenegrin passport …
The Montenegrin citizenship program is valid only until the end of 2021 Читать далее
The Bulgarian government was going to revise the terms of the programme back in 2019. But then the Parliament did not accept the changes. In December 2020, MPs returned to work on the amendments because of a warning from the European Commission. It believes that citizenship investment programmes violate EU law. The Bulgarian government will not close the programme but will change its conditions in line with the European Commission's recommendations. At the end of February 2021, the Bulgarian National Assembly approved the new …
New conditions for Bulgaria's citizenship by investment programme from March 2021 Читать далее
The Government of Bermuda offers investors five investment options to choose from. Namely: the purchase of real estate - residential or commercial; purchase of government bonds; a contribution to a government fund; Transferring money to a local charity; investing in an existing business or starting a new company. Opportunities with a Bermuda residence permit If the investor's application is approved, they will receive a certificate confirming their investment in Bermuda's economy - the Economic Investment …
Bermuda launches residence permit by investment programme Читать далее
The Portuguese government has approved new conditions for the residence permit program by investment. They are enshrined in the legislative decree of 12.02.2021 No. 14/2021. The changes will come into force on 1 January 2022. The draft law envisaged that the new rules would take effect six months earlier with a transition period until 2022. The law extended the old rules and gave investors an extra six months to take advantage of the current programme's …
The magazine's experts rated countries according to 12 categories. For example, the level of security and the environment, how the education and health systems are organized, whether the country observes human rights, how much the government pays a family in case of maternity leave and child care. The rankings were compiled from public sources, including the websites of United Nations institutions, reports of the World Economic Forum and World Bank, and articles in the news …
Top 10 countries for living with children in 2021 Читать далее
On 26 March 2020, St Kitts and Nevis temporarily simplified the acceptance of applications for the citizenship programme. For example, the department was beginning to process the application with copies of documents electronically and the originals could be sent later. The government set up a simplified procedure only for the duration of the pandemic. In January 2021, the department reverted to the standard modernof receiving and processing applications. The decision is confirmed by a notification from the Head of Programme Department. Participation in the programfrom February …
Saint Kitts and Nevis Citizenship Simplified Application canceled Читать далее
The licence is issued by the Community Malta Agency, a Maltese government agency that deals with citizenship in the country. It assesses whether applicants for a licence meet the requirements set out in the Maltese Citizenship Act (Cap. 188). In November 2020, the Government of Malta amended the Citizenship Act. It obliged agents to update their licences in accordance with the new requirements. The quality and legality of the services provided by the agent depended on that. Who gets a licence and how …
Why an agent's licence is important for obtaining Malta citizenship from 2021 Читать далее
Under the terms of the investment programme, the foreigner takes an oath before receiving a certificate of naturalisation and an Antigua and Barbuda passport. Previously, the ceremony was only held on the islands, but because of the pandemic and closed borders, investors could not fly to the Carribean. The government has therefore allowed investors to take the oath online or in other countries where Antigua and Barbuda have official offices. How to take the oath online The online oath …
Antigua and Barbuda has abolished the oath on the islands Читать далее
The UAE passport will be issued if the candidate meets the listed conditions. Conditions for obtaining UAE citizenship Category of applicants The candidate must: Investors own real estate in the UAE Doctors and qualified specialists specialize in a unique scientific discipline or adhere to scientific methods that are in demand at the UAE; make a recognized contribution to science or conduct research of scientific value; have at least 10 years of experience in scientific and …
Government citizenship programmes by investment are available in five Caribbean countries: Saint Kitts and Nevis, Grenada, Antigua and Barbuda, Dominica or Saint Lucia. The programmes differ in investment options, procedures and requirements for relatives of the investor. St. Kitts and Nevis The simplified participation procedure applies for the duration of the pandemic. The changes establish that: Investor due diligence remains the same, with six steps, despite the simplification of other procedures. Document …
Caribbean citizenship by investment: an overview of programme changes by 2021 Читать далее
The Entrepreneur Visa has been available in the UK until 2019. To obtain it, a foreigner had to invest at least £50 000 in a local company. In exchange, the UK allowed them to enter the country without restrictions and to do business there. What kind of visa an investor can get in 2021 If a foreigner wants to start a business in the UK, they can get an Innovator Visa or a Start-up Visa. The new visas allow …
The new conditions will help Portugal address two issues: the redistribution of investment received and the development of the property market in sparsely populated regions of the country. The government also expects foreigners to be more likely to choose alternative investment options. For example, buying units in venture capital funds, investing in business and science. Until 31 June inclusive, investors can apply under the old rules. The changes will not affect residents who renew their …
The Minister for Citizenship has been given the power to remove names from the lists for publication for security reasons. But the decree did not specify when it was permissible not to disclose the names of new citizens or persons deprived of citizenship. The minister's new powers were enshrined in a note to the Maltese Nationality Act. On 30 December 2020, just one day after publication, the government rescinded the new provisions due to criticism from experts and the media. Parliamentary Secretary for Citizenship …
The changes apply to investors who have already received residence permit cards for investments or plan to participate in the programme in 2021. The changes are enshrined in the amendments to Act No. 4674/2020. They entered into force on 23 December 2020 - from the date of publication in the national gazette. Validity of residence permit cards under the new conditions A residence card is a document that confirms rsidence status. Investors receive a residence card for 5 years. A foreigner …
How to obtain a residence permit in Greece in 2021: new conditions due to the pandemic Читать далее
In May 2020, St Lucia issued a new interest-free government bond, the Covid-19 Relief Bonds. Buying these bonds is half the cost, with a minimum transaction amount of $250,000 instead of $500,000. The discount for buying government bonds has been extended until 31 December 2021. Initially, the discount was set to expire at the end of 2020. The government will amend the rules of the programme shortly. Once they take effect, the department will continue to accept …
50% discount on St Lucia citizenship: what's better to invest in 2021 Читать далее
Immigration Minister Alan Tudge said the changes would help the government make the most of foreign investment. He believes the revamped programme will play an important role in rebuilding the economy after the pandemic. Trying to reduce the flow of new applicants is another reason for the changes. Australia allocates about 7,000 visa quotas annually to business people and investors. But that's not enough to meet demand for the program: in 2019, the application queue grew …
The citizenship report is published every three years. In it, the European Commission tells us what has changed in migration policy and what measures are planned for the future. The full text of the 2020 report is available on the European Commission's official website. From 2021, the EU will focus its efforts on: simplify customs procedures within the region; update taxation rules; Protect the interests of its citizens in third countries; Combat …
How the lives of EU citizens will change from 2021: European Commission plans Читать далее
The Bulgarian government revisited amendments to the Citizenship Act. The Deputies were going to change the conditions of the investment programme in 2019, but then the Parliament did not approve the changes. Work on the amendments is resumed because of a warning from the European Commission. It considers that the current programme violates EU law. The Bulgarian government has no plans to close the programme but is preparing to change the conditions as recommended by the European Commission. If the amendments are adopted before the end …
The Indonesian government wants to attract more investors and wealthy foreigners to the country. For this, amendments to the law "On job creation" are being prepared. There will be a new type of visitor visa for "pre-investment purposes". A foreigner will be able to obtain a visa in order to examine objects for investment on the spot and meet business partners. It is not yet known for how long the new visa will be issued. The government is …
How to obtain a residence permit in Indonesia in exchange for an investment in 2021 Читать далее
Citizenship programme participants receive a passport for their investment for 5 years first, and for an extension for 10 years. Antigua and Barbuda began issuing biometric passports in April 2017. If an investor has received a passport before 2017 and did not submit fingerprints, it is not worth waiting for the old passport to expire. Machine-readable passports will no longer be valid from the beginning of 2022, after which it will not be possible …
The publication Bangkok Post informs that the Ministry of Tourism and Sports of Thailand plans to cooperate directly with major developers and real estate agents. Thus, the residence permit will be a free bonus when buying objects. The investor will need to meet several conditions in order to obtain a residence permit for the purchase of the property. First of all, the value of one or more properties must exceed 10 million Thai Baht. Secondly, …