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, all nationals from Syria and Northern Iraq are banned…
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 –…
The Cabinet of the Government of St. Kitts and Nevis voted to replicate and implement in full the sanctions imposed by the European Union, United States and United Kingdom against hundreds of named Russian and Belarussian individuals and entities. In solidarity with US and European efforts to isolate the Russian government for its military invasion, the CBI has implemented a pause on citizenship…
The Dominica Citizenship by Investment (CBI) Programme mandates strict due diligence processes and robust vetting of potential investors. Reputable international due diligence agencies are engaged by Governments to ensure that only reputable individuals can successfully receive the economic citizenship of Dominica. The correct functioning of Dominica’s CBI Programme depends on the proper performance of thorough due diligence, as it serves to protect the population of Dominica and its international partners from illicit actors. Dominica is world-renowned for being…
The Government of Turkey has made a decision to increase the minimum real estate investment to qualify for citizenship to USD 400,000 from the previous USD 250,000 requirement. The decision was taken at a presidential meeting and soon will be published in gazette. No changes were made in minimum USD 500,000 deposits in banks, state bonds or in companies. Turkey…
Hiring an accredited agent is an important part of the application process, to make things easy for you if you are out of the country. It is a must to appoint an government licensed agent with Citizenship by investment, however for golden visas, this is optional, you can directly apply apply at consulates or immigration office. Citizenship by Investment You…
toThe Latvian government has decided to end the golden visa scheme which offers fast track permanent residency in exchange for investments. This was announced by the Latvian prime minister Krišjānis Kariņš during a meeting with journalists on Mar 29. The Ministry of Interior is currently working on legislative amendments to end the golden visa program aftermath of the Russia’s invasion…
