The Citizenship by Investment (CBI) industry is already a $15 billion annual industry with 10 countries actively running CBI programs today. Global uncertainties fuel a great demand for investment passports acquired through CBI schemes. Failing economy, recession and changing political situations such as new governments have a dramatic effect on CBI schemes to come and go. While some countries have made…
The Government of St. Kitts and Nevis has implemented new measures geared towards improving the brand of the country’s Citizenship by Investment (CBI) Programme and protecting the clients who invest in the real estate projects in the country. St. Kitts and Nevis Citizenship (CBI Escrow Accounts) Bill passed in November, 2017. This piece of legislation provides the guidelines relating to…
The Coronavirus within months of its discovery has been causing unprecedented crisis across many countries, affecting many businesses and services, causing a slowdown and CBI/Golden visa industry is not an exception. Several countries have already imposed travel restrictions closing all borders citing health crisis. Any business or services which has human to human interaction will likely to face a slowdown…
Portugal is the first choice for many americans and other foreign nationals investing in Golden visa scheme due to its unique benefits. Despite Covid, the global demand and interest for golden visas only surged, as Portugal largely resisted real estate decline due to Covid pandemic. It is possible to buy properties for golden visa purpose through the following investments in…
The Montenegro Investment Agency has officially published list of approved development projects (mostly hotels in tourism areas) will eligible under special citizenship by investment of Montenegro. This special citizenship program for investments is only limited to 2000 investors and will run only for limited time for three years. Please note that the main condition for citizenship is job creation and…
Since the Hungary residency bond scheme closed in 2015, Malta residence visa scheme (MRV), became the most popular golden visa scheme, becoming the perfect replacement for the hungarian scheme. Both Malta and Hungary are schengen member states. The Malta golden visa residence scheme being super interesting program for its low pricing is totally unknown to many people and no one…
Saint Lucia is one of the most exciting citizenship by investment programs in the Caribbean. In 2020, The Saint Lucia Citizenship BY Investment Unit made a number of legislative changes during Covid to make the program easier and attractive to foreign investors The Saint Lucia is known for beauty, mountains, forests visited by over 1 million visitors every year and…
Russia is working on new proposals to launch a golden visa scheme, similar to US, UK, EU and Canada to attract foreign investment into the economy. The Golden visa program is not launched yet but coming soon! The Russian Ministry of Economic Development has prepared a draft bill that will allow foreigners making the following investments in Russia, will be eligible…
The History of Dual nationality in Malta goes back to Malta’s independence in 1964. Dual citizenship in Malta was first proposed in 1989 in limited form and legalized by year 2000 Let us take a quick look on the timeline of events. 1964 When Malta became an Independent State on 21st September 1964, Maltese citizenship legislation did not allow dual citizenship…
