New changes have been introduced to the Golden visa schemes of Portugal and Greece with amendments to respective golden visa laws in 2019. Greece The Greek Government has put forward amendments to tighten the golden visa program regulations against abuse and money laundering. Under the new amendments put forward in the Hellenic parliament, the new rules will apply from Dec 24,…
The Saint Lucia passport is the biggest climber by two places in the Caribbean in the 2019 Henley passport rankings with visa free travel to 145 visa free destinations in the world. St Lucia passport is the 31st powerful passport in the world The Saint Lucia passport also ranks 7th best CBI passport among citizenship by investment schemes. Among the Caribbean…
The Italian passport is ranked as fourth best and powerful in the world, in the newly released Henley passport rankings in 2019. The Italian passport ranks above Portugal, Spain and UK passports in the passport rankings. Italian citizens enjoy freedom of movement in EU member states, United Kingdom and Ireland with full citizenship rights. EU member country: since…
European countries have the best and powerful passports in the world in terms of travel freedom, respect, recognition, visa free travel and openness towards dual citizenship.
Moldova and Montenegro announced their new citizenship by investment schemes in 2018 both countries are expected to receive excess of 1 billion euros through the CBI schemes . Moldova and Montenegro CBI programs should not be confused with each other. The main difference between the two CBI schemes are.. Montenegro is a limited citizenship scheme only accepts 2000 applications. Moldova…
The concept of buying citizenship for cash have existed in ancient times. Roughly two thousand years ago , Roman citizenship was sold to rich and wealthy for money. In the book of Acts, Paul has a discussion with a Roman Centurion who claims he bought his citizenship “for a lot of money”. Roman citizenship gave its citizens, right for unimpeded…
Citizenship by investment programs (CIP) offer a fast track citizenship to foreign investors against economic contribution to the Government, such as buying a property or one time contribution to the Government fund. All applicants and their family members had to pay the due diligence fee and pass the background vetting checks. The first citizenship by investment scheme was introduced in…
A number of HNW investors have brought citizenship by investment (CBI) passports without properly evaluating the consequences of dual citizenship. While most CBI countries do not publish the names of those who acquired citizenship (except Malta), CBI citizens have some sort of privacy. Malta publishes names of IIP citizens in gazette every year and this list is available for public.…
Montenegro is set to receive approximately some €1 billion euros FDI from the newly launched citizenship by investment program. Some 6000 passports to be issued for 2000 families during the period of three years until 2021.
The Montenegro Government announced Special citizenship acquisition program (SCAP) through investment at a cabinet session on Nov 22, 2018. This citizenship scheme is special because it will only run for three years until 2021 and limited to 2000 applications to foreigners. The new citizenship by investment scheme was published in Official Gazette of Montenegro 34/10, 40/16 and 62/18. The new economic…
