Author: Best Citizenships

The Commonwealth of Dominica Citizenship by Investment Regulations (the 2024 Regulations) were gazetted on 28 June 2024 and came into effect immediately with new price structure raising the minimum investments, as per the memorandum of understanding signed by five OECS CIP nations in 2024. The 2024 Regulations repeal the existing regulations and amendments. The 2024 Regulations…

The Saint Lucia Citizenship by Investment Unit (“The Unit”) in a memo sent to agents and stakeholders, wishes to inform of changes to the minimum legislative prices of qualifying investment options effective July 1, 2024. These adjustments are in keeping with the Memorandum of Agreement signed between the five OECS territories operating Citizenship by Investment…

The Antigua and Barbuda Citizenship by investment unit has laid out certain rules regarding the minimum acceptable documents which constitute a complete file submission for CIP programme before the deadline of July 30. Prospective last minute applicants must prepare and provide the below required documents (both electronic and physical true copies are required) along with…

Antigua and Barbuda CIU has announced new investment thresholds for the citizenship by investment program, in accordance with the MOA signed with five eastern caribbean states. The new prices will be implemented by July 30, 2024 (instead of Jun 30), that is 30 days later from the proposed date, according to the memo sent to…

Grenada Citizenship by Investment Unit (IMA) through Circular No. 2 of 2024 has announced new prices for CBI programme in accordance with the Memorandum of Agreement (MoA) among the Member States of the Organisation of Eastern Caribbean States offering Citizenship by Investment Programmes (CBIPs), a new pricing structure for the Investment Migration Agency Grenada (IMA)…

The Spanish government is pushing for scrapping of golden visa program which allows foreigners buying real estate to secure a golden visa in Spain. Since the law was passed in 2013, about 14,576 golden visas linked to real estate investments have been granted, mostly to citizens from China, Russia, the United Kingdom, the United States,…

Germany has made landmark changes to citizenship conditions for foreigners applying for citizenship in Germany and most importantly relaxing rules for immigrants. The Landmark citizenship reforms, set to come into play from June 27, 2024. The naturalisation rate in Germany currently at 1.1 percent, is below the EU average of 2.0 percent and the new reforms…

Hungary has announced big changes to the golden visa program for foreign property buyers, investing in Hungary. According to the new rules, only properties worth atleast 500,000 euros bought AFTER Jan 1, 2025 will be eligible for golden visa residence permit in Hungary. Start Date The Hungary golden visa program, although officially starts from July…

The Australian Government will be closing down all categories of business innovation and investment visas from July 2024, according to the latest announcement. This includes so called Investor stream (golden visas) attracting wealthy investors to Australia. “We will close the BIIP permanently from July 2024. We will not accept any new applications for the Business…

The Caribbean countries which offer Citizenship By Investment Programmes are moving with alacrity to implement the Memorandum of Agreement (MOA). ​ The purpose of the Memorandum of Agreement is to provide a framework for mutual assistance and cooperation in vetting to ensure only legitimate and qualified applicants are admitted and information sharing among the five…