Author: Best Citizenships

The President announced his verdict and formally vetoed the new GV proposal on housing, sent it back to parliament for further legislative amendments. As a result, foreign investors have until October to take advantage of the reduced Golden Visa investment at €280,000 (instead of 350K) to buy into in portugal real estate market and secure…

The President of Portugal Marcelo Rebelo de Sousa has vetoed the Golden visa housing bill on Aug 20, and has sent back without promulgation to parliament for further amendments saying “unconstitutional”. The Government will make further amendments to the bill within one month. The Mais Habitação legislative package, underwent many changes compared to the initial…

Portugal parliament this month has voted to continue Golden visa program, but without real estate investments to avert a housing crisis. The promulgation is yet to be signed by President of the Republic and then the amended law will come into force after the government publishes in the gazette. The deadline is approaching fast, with…

Malta has published 8th annual report revealing downward trend of applications during the year 2021 due to Covid measures (only 23 applications were received by the CMA). The Eighth Annual Report by the Regulator GCES has been laid on the Table of the House of Representatives on the 17thApril 2023, by the Minister responsible for…

The Granting of Citizenship by Naturalisation for Exceptional Services by Direct Investment is regulated by the Granting of Citizenship for Exceptional Services Regulations (S.L. 188.06) which can be summarized as follows: Main Applicants desirous of obtaining Maltese Citizenship by Naturalization for Exceptional Services through Direct Investment, need to appoint a licensed Agent (in terms of…

The American Golden Visa Program (aka EB-5 Immigrant Investor Visa) is the name of the employment-based fifth preference visa that participants receive to become lawful permanent residents (“green card”) in the United States. The EB-5 program has been oldest of its kind running since 33 years, as of 2023. Congress created the EB-5 Program in…

The St.Kitts and Nevis Government has announced new list of restricted countries, who are barred from applying for citizenship by investment program effective from Jul 27, 2023. The regulations were published in Saint Christopher and Nevis Citizenship By Investment (Exclusion) Order, SRO 27 of 2023 Restricted countries are nations where citizens or residents are subject…

Greece’s Golden Visa Program Remains Unchanged at €250,000 Reduced Investment, with exception in Major Cities. Foreigners can Buy Real estate and get Permanent Residence Permit for 5 years.

The historical timeline of Portuguese golden visa program including important events and policy changes from 2012 to 2023, we have highlighted below. Oct 8, 2012 The Law governing the granting of Residence Permit for Investment (ARI/Golden Visa), in force from 8 October 2012, enable third country nationals to obtain a temporary residence permit for investment…

The Home Office has announced United Kingdom will be implementing ETA (electronic travel authorization ) by the end of 2024, this scheme will be a requirement for all visitors from visa free countries, who do not need a visa for short stays, including those visiting from Europe. ETAs will replace Electronic Visa Waivers (EVWs) currently…