Malta IIP citizenship scheme generated little over €900 million euros since inception and naturalized a total of 3,673 persons for citizenship since inception.
CBI/RBI schemes offer citizenship or residency to foreign investors against a designated investment such as contribution to Government fund, or through purchase of government stocks/bonds or a real estate investment with minimum threshold. Greece, Malta, Latvia require EUR 250,000 investment minimum to secure a residency. CBI/RBI schemes have increased dramatically in the past decade currently estimated at $15 billion annually.…
Golden visas and citizenship by investment also has advantages and disadvantages. There are also several problems with citizenship and residence by investment (CRBI) schemes in several countries.These schemes have these popular options attached to them. Foreign investors applying for CBI/RBI schemes have to be careful with these investment options. Donation Route Over 85% of applicants chose donation or contribution route…
The Ministry of Justice of Bulgaria has announced new changes for obtaining Bulgarian citizenship through investment. The new changes effective from Jan 1, 2019. Bulgaria’s citizenship by investment programme was introduced with amended rules in late 2013. Certificate of No criminal record: Foreign investors must present no criminal record certificate from competent authorities at the time of applying for…
The draft of the Ministry of Economy and Development for greek golden visa scheme is expected to be voted on new amendments to expand the scheme with more investment options. Currently Greece only has EUR 250,000 property investment option. It is expected from 2019 more options under the golden visa scheme will be available. The new options will be available…
Latvia golden visa scheme was launched in 2010, since then it has remained the cheapest golden visa scheme in Europe. The scheme attracts Russians and others from baltic countries Latvia offers the cheapest and most affordable investor visa schemes in Europe. Investors with their family members receive long term residency through business investment with free movement in the Schengen area.…
The Malta Residency Visa Agency has announced some amendments to the Malta Residence and Visa Program (MRVP). The most relevant change for applicants is that the required USD 250,000 investment is debt or equity securities listed in stock exchange also accepted along with government stocks Government bonds/stocks Debt or equity securities listed on the Official List of the Malta Stock…
The Quebec government has announced new increase in fees for immigrant investor program applications, which will be effective from Jan 1, 2019. The application processing fee will increase by CAD$ 261 Before December 31, 2018 As of January 1, 2019 Principal applicat C$15,235 C$15,496 Spouse or de facto spouse C$0 C$0 Each dependent child C$0 C$0 *The fee payable for an…
The Government of Serbia has abolished visas for four caribbean countries and the decision was published in the Official Gazette of the Republic of Serbia No. 81/2018 of 26 October 2018. Citizens of these four caribbean countries Antigua and Barbuda (entered into force 26 October 2018) Dominica (entered into force 26 October 2018) Grenada (entered into force 26 October 2018) Trinidad and Tobago (entered into…