We provide you quick summary of latest updates with golden visa and citizenship by investment programs. Take a look below..

Here are the some quick summary of the latest news in 2022

  • Portugal announced will be closing their Golden visa program, as theprogram has fulfilled all obligations announced by PM Antonio Costa. No set dates were announced.
  • Dominica has announced major changes to family member rules such as siblings not eligible and raising parents/grandparents age to above 65 years.
  • Grenada lifts restrictions on Russians applying for CBI from mid 2022 overturning previous ban.
  • Vanuatu – EU has imposed full visa waiver suspension for Vanuatu nationals visiting the schengen area from May 2022 after canceling the visa free agreement permanently.
  • Bulgaria – Bulgaria’s citizenship by investment program is permanently canceled by government. Bulgaria joins Cyprus, Moldova for shutting down golden passport schemes.
  • Greece golden visa likely increase to 500,000 euro (doubled from the current 250,000) in the future (exact date not announced)
  • Montenegro citizenship by investment program is due to close by Dec 31, 2022.
  • St Lucia will not be extending the last date for issuing $250,000 Covid relief bonds which are issued at 50% discounted date.  Last date for applications is Dec 31, 2022.  St Lucia will also be issuing new biometric e-passports from 2022 to all new citizens, upgrading security of passports.
  • Turkey has increased the minimum property investment for citizenship to USD 400,000
  • St.Kitts and Nevis opened Alternative investment fund as fourth option for CBI requiring minimum investment of $175,000. As of 2021, private homes above $400,000 are eligible under citizenship by investment program under real estate route.
  • Malta has the only and last remaining golden passport program in EU remains open for applications.
  • Ireland – Ireland’s immigrant investor program dubbed as golden visas are still open for applicants.
  • North Macedonia opened a brand new investor citizenship program in Europe based on a refundable investment option.
  • United Kingdom  has terminated their £2m golden ticket program (tier1 investor route) citing corruption and money laundering.
  • Canada – Canada Quebec immigrant investor scheme suspended for review until April 2023.

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