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…
European Travel Information and Authorisation System (ETIAS) is an online travel authorization requirement imposed on countries with EU visa waiver, set to commence from early 2021. The ETIAS travel authorization will apply to all EU Member States that are part of the Schengen area, including those which do not yet fully apply the Schengen acquis, i.e. Croatia, Cyprus, Bulgaria and Romania.…
Canada launched of Express Entry in January 2015, since then welcome over 43,000 economic immigrants through the Express Entry system with skills needed for Canada. Canada’s Express Entry system attract high-skilled foreign workers and former international students who want to live in Canada permanently and whose in-demand skills are needed by employers across the country to help build businesses…
Portugal remains the most popular european golden visa schemes for property investment. According to latest statistics released by SEF, 126 golden visas have been granted for the month of November 28. Of the 126 golden visas, 121 have been issued for real estate property Some 209 family members received residence permits in this month alone. A total €77 million…
Citizenship by investment schemes boomed from just one in 1984 and in just 25 years, these schemes have proliferated to 13 countries as of 2019 and excess of $10 billion have poured into countries running it.
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…
During 18th century, the world’s first special citizenship-by-investment program prevailed in Scotland, a century before St Kitts started the idea, which continued long after the Union with England in the 18th century: a share investment of GBP 83 in the Royal Bank of Scotland allowed a foreign citizen to become a citizen of Scotland and, by extension, the UK. During the…
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 2016 and its Regulations 2016. This scheme is administered by the Ministry of Commerce and Industry in Samoa. Applications must be submitted to the Citizenship Investment Committee. The Citizenship Investment scheme commenced on Tuesday 31st January 2017 Citizenship by Investment is the granting of citizenship status to an individual and immediate…
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 microstate surrounded by Italy, situated on the Italian Peninsula on the northeastern side of the Apennine Mountains. The country’s economy mainly relies on…
