The Office of the Regulation for IIP (ORIIP) has made some recommendations for Malta IIP scheme based on Observations in the Fifth Annual Report on Malta Individual Investor Programme (IIP) published in Nov 2018 1. Staffing The Agency has always had to deal with an acute shortage of staff and various recommendations in this regard have been made in these…
The Idea of buying citizenship for money, is not new, have existed since ancient times. Roughly two thousand years ago , Roman citizenship was sold to rich and wealthy for money. In the book of Acts, Paul has a discussion with a Roman Centurion who claims he bought his citizenship “for a lot of money”. During 18th century, the world’s…
Montenegro first launched its economic citizenship scheme in August 2010 to attract wealthy investors. The Citizenship Act in 2010 was amended to grant citizenship on individuals who invested at least €500,000 in the Adriatic country. Under the scheme citizenship would be granted to foreign investors for least €500,000 ($680,000) into the country, subject to approval. Part of the funds will…
Samoa launched its citizenship by investment scheme under Citizenship Investment Act and its Regulations 2016. This scheme is administered by the Ministry of Commerce and Industry in Samoa (MCIL). Applications must be submitted to the Citizenship Investment Committee. The Citizenship Investment scheme was officially launched on Tuesday 31st January 2017 Citizenship by Investment is the granting of citizenship status to…
San Marino is the third smallest country in Europe, after Vatican City and Monaco with a population of 33,000 and approximately 5000 foreign residents. It is also the fifth smallest country in the world. San Marino is an enclaved micro-state surrounded by Italy, situated on the Italian Peninsula on the northeastern side of the Apennine Mountains. The country’s economy mainly…
The Annual Report of Immigrant Visa Applicants as of November 1, 2018 show the a total of 39,000 (87% are chinese) are on EB-5 waiting list. Hong Kong and South Korea have the lowest waiting. Over 500 applications from India and 1500 from Vietnam also on waiting list.
Portugal has introduced new visa and residence rules for foreigners making it easy for appointments and reducing visits to migration office. This applies to golden visa residence permit holders seeking residence permit extensions. The new Regulatory Decree of the Legal Regime of entry, stay, exit and removal of foreign nationals from the national territory has been published in Diário da República and…
Latvia launched a Golden Visa Programme in 2010. Initially started as a post-2008 crisis economic development tool, at some point it acquired renewed political significance. When the scheme launched in 2010, foreigners could acquire the right to reside in Latvia, an EU Member State by buying a property in the countryside for a minimum of EUR 71,150 or in Riga…
Citizenship coin (CTZ) is a first of its kind crypto currency payment system meant to be used within CBI/RBI industry built on the top of blockchain. We are still a startup still in development stage. We launched our coin in April 2018. CBI/RBI industry have grown to $10 billion dollar industry annually, expanding globally in many countries, and is projected…
The Citizenship by Investment Program (CIP) was established following parliamentary assent to the Antigua and Barbuda Citizenship by Investment Regulations 2014. The Regulations regarding Citizenship by Investment in Antigua and Barbuda are contained in Section 6 of the Citizenship by Investment Act, 2014. These provisions allow the government to operate a program under which citizenship is granted to persons who qualify under criteria…
