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 activity. Portuguese, EU and EEE…
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 in use. Visitors from US,…
Grenada CBI Unit has announced mandatory interviews for New CBI applicants to strengthen the security of citizenship by investment program. The Grenada Citizenship by Investment (CBI) Unit hereby advises that mandatory interview and identity verification process of all applicants seventeen (17) years and over will be required as part of our enhanced due diligence process effective from September 4, 2023.…
For over a decade, Portugal reigned most popular golden visa residence by investment schemes in the World. On July 19, 2023, the Portuguese parliament voted to remove all real estate investments while still preserving the golden visa program. There is still time now for property investors to apply for golden visa, until the law is signed by the president of…
The US and EU authorities have made specific recommendations to Caribbean nations that have CBI programmes, to further strengthen high levels of background checks, prevent money laundering and tax evasion. High levels meeting were held by caribbean governments with US and EU authorities this year. US Guidelines The following recommendations were put forth by US authorities at round table conference…
Effective Jul 27, 2023, The Government of Saint Kitts and Nevis has announced important changes to the SKN Citizenship by investment program. These changes are aimed at safeguarding the nation’s integrity, preserving the privileged status of being a citizen of St Kitts and Nevis in line with the EU recommendations and to safeguard visa waiver agreements with other countries. The…
The Government of Saint Kitts and Nevis has announced launch of a new investment option called the Sustainable Island State Contribution (SISC) replacing the current Sustainable Growth Fund (SGF) effective from Jul 27, 2023. All citizenship by investment applications under donation will be only accepted under SISC from this date. The Limited time offer under SGF which was offered by…
The Government of St Kitts and Nevis has made sweeping changes to its Citizenship by Investment Programme, increasing the minimum investment required which include the introduction of a new investment option called the Sustainable Island State Contribution (SISC). The SISC replaces the previous Sustainable Growth Fund (SGF) and investors contributing towards this option will be advancing St Kitts and Nevis…
The Citizenship By investment schemes (CBI) pose several risks, unless proper vetting is done on candidates applying for investment schemes. Recently United Kingdom and European Union has removed visa free perk to passport holders of certain countries who pose a threat to external borders abusing visa waiver agreements. Previously Canada impose a visas on caribbean nations running CBI schemes. This…
Expired passports issued under CIP, won’t be renewed without evidence of 5 day visit to Antigua. Deprivation of citizenship may also occur for investors and their family members.
