Greece has made a decision to increase minimum required property investments to €500,000 (doubling from the current €250,000) for the Greece golden visa program. This was announced by the Prime Minister of Greece at a press conference yesterday. The decision was taken to make the housing more affordable to the real estate market for Greek locals. The exact date for…
The Ottoman Empire was founded circa 1299 by Osman I as a small beylik in northwestern Asia Minor just south of the Byzantine capital Constantinople. The sultanate was officially abolished by the Government of the Turkish Grand National Assembly in Ankara on 1 November 1922 following the Turkish War of Independence. Today, Turkish passport has become an important travel document…
The Sustainable Growth Fund (SGF) offers a stable and secure path to second citizenship in St. Kitts and Nevis, established world’s first economic citizenship programme. It’s a discrete channel of investment, ensuring your privacy citizenship of a country with a low tax regime including no income, inheritance or gift tax. The Sustainable Growth Fund(SGF) launched to replace the Hurricane relief…
The REO program for Vanuatu citizenship by investment commenced 23 July 2021. Applicants for citizenship under the REO must invest in a property in a Vanuatu Government Approved Project (VGA Project) in addition to payment of the prescribed fees. A Qualifying Property is a Lot registered under the Community and Strata Titles Act [CAP 266] in a VGAP for the…
An african nation unknown to many is pioneering innovation by launching crypocurrency new citizenship by investment program in Africa. In 2017, a pacific island nation Vanuatu launching citizenship for bitcoin but the government brushed aside the scheme saying cryptocurrencies are not officially accepted by government. Favours Property investors, digital nomads & entrepreneurs people 0% income tax for cryptocurrencies The first…
Antigua & Barbuda citizenship by investment programs excellent investment opportunity in real estate market (villas, hotels, resorts). Applicants are required to make an investment in designated, officially CIP approved real estate with a value of at least US $200,000 plus the payment of government processing fees and due diligence fees. Below are some of the best properties available for antigua…
Portugal first invented the concept of “golden visas” in 2012, infact the portuguese word “vistos gold”, means Gold visas. Today the portuguese invention of golden visas echoes across various continents, creating a multi billion dollar industry running in multiple countries (eg. Spain, Ireland, Greece, UAE, Sri Lanka etc.) Back in 2010, Golden visa schemes were only known as immigrant investor…
Greece has issued significant number of permanent residence permits under the Greek golden visa program for investment. According to the new report published by migration authorities in Greece as of Jul 2022, below is a quick summary Quick summary A total of 1,152 initial permits for investors as of Jul 2022 Pending applications (773) slightly lower than previous year. Zero…
Quite often, many find it confusing to understand the difference between Golden visa and Golden passport programs. To start with Golden visas are residence by investment schemes giving you permanent residence rights with no citizenship whereas Golden passport programs are citizenship by investment schemes giving you a immediate citizenship and passport. One other important difference is visa free movement possible…