Wealth is flowing from one country to another through millionaire migration as a result of instability, war and political crisis. The Russia’s war on Ukraine has had a big impact on wealthy individuals who seek to protect their wealth abroad. According to Henley, India, UK and China have lost thousands of millionaires who will likely to leave the country. The UAE,…
The Police certificate certifies a person with clean criminal record. It is a very important document when you apply for passport renewal or employment visa or residence visa or green card to a foreign country. The Indian Police Clearance Certificate (PCC) is issued to Indian Passport holders who have applied for immigration to a foreign country. Residential permit Employment visa…
The Saint Lucia Citizenship by Investment Program recently launched a campaign themed; “Beyond the Passport“. CIP Saint Lucia and by extension, the Government and people of Saint Lucia have actioned a call to all global citizens. Citizens who have been granted through the citizenship by investment programme (CIP) to visit, vacation, invest, build and grow with the island. Build Located…
There are a number of hotels that offer guaranteed buyback of investment, eligible under the Portugal golden visa program. These are very popular investments because the capital is guaranteed by the hotel developer after 5-6 years. Other benefits include taxes paid, and holidays for investors. These projects quickly sell out because of the demand among foreign investors. Note: Portugal golden…
The citizenship by admission for the purpose of special investment program of special importance for economic interest for Montenegro from 01.01.2019. to 14.05.2022 year, was submitted to this ministry by a total of 279 proposals for acquisition. Montenegrin citizenship by admission, which requested for 279 applicants and 655 members of their families, which makes a total of 934 people according…
The Citizenship by Investment Unit of Dominica has updated the list of countries applying for its CBI program. For applications for citizenship, you must be at least 18 years of age, of good character, without a criminal record, and able and willing to make the required contribution and pass the background checks. With immediate effect (May 2022), all nationals from…
The Sri Lankan Cabinet under the current government has approved proposals for a new “golden paradise” visa program to attract more foreign investments from international investors. This comes at a crucial time Sri Lanka is facing its worst economic crisis in 70 years, weakened by pandemic. The ongoing economic crisis has resulted in the collapse of currency, rising inflation, and…
Rules apply for withdrawal of EU nationality which has been granted under citizenship by investment schemes (CBI) According to the case law of the Court of Justice of the European Union, when a Member State withdraws its nationality from a person, and as a result EU citizenship, it must make an individual assessment as to the consequences of this loss…
Indian nationals who have acquired foreign nationality/passport are required to follow proper procedure of canceling indian passport. They must apply for renunciation Certificate within 3 years of acquisition of foreign citizenship. Similarly a grace period of 3 months given to travel on indian passport after becoming a foreign national. Indian Citizenship Act does not provide for dual citizenship. As per…
North Macedonia has officially opened a very interesting and special citizenship by investment (CBI) program attractive for international investors. The Citizenship by Investment program of Republic of North Macedonia by which FITD (Fund for Innovation and Technology Development) determines the economic interest for citizenship, was officially launched by the Government of North Macedonia on the 13th December 2019. CIP –…
