The Quebec Government has temporarily suspended immigrant investor program (IIP) for review of the scheme. The intake of IIP applications will not be accepted until Jan 1, 2024. It is widely expected the program will likely reopen in early 2024 once the review of the scheme is fully completed. One other reason lead to the suspension of the scheme is…
Many clients who come to us asking for golden visas, after seeing the prices, realize later that passports are cheaper and affordable than golden visa schemes, plus saves them a lot of time on the long run. Remember golden visas only offer residency (no citizenship or passport), while Citizenship by investment (CBI) offer Citizenship, Passport, and Permanent residence card if…
Diplomatic immunity for messengers have existed since prehistoric times in foreign relations. The origins of diplomatic immunity can also be traced as far as back to ancient civilizations of China, India, and Egypt. Roughly 4000 years ago, evidence is found in the indian epics Mahabharata and Ramayana where couriers and diplomats given immunity and safe conduct from capital punishment or…
Maltas Individual investor program (IIP) has filled up already two thirds (66%) of the quota limit of 1800 applications. Since the launch of the scheme in 2014 to July 2019, a total of 1198 main investors have been approved for maltese passports , and the 1742 applications received almost reached the 1800 limit. This means only one-third of the quota…
We all know that Citizenship by investment (CBI) is becoming popular and the demand for passports is growing fast. But what are the possible disadvantages involved in CBI passport schemes. Let us take a quick look on the disadvantages with CBI schemes below.. 1. Right country Picking the right country is the most difficult decision for many clients. First they…
Natural disasters risks are the No.1 reason for the creation of citizenship by investment (CBI) industry. Natural disasters come in many forms earthquakes, hurricanes, volcanic eruptions, flooding etc. These events have only increased frequency over time against the backdrop of global climate change leaving small countries very vulnerable. Small states in the Caribbean and the Pacific are particularly vulnerable to natural…
Malta has refused significant number of applications failing due diligence checks under Individual Investor program (IIP). According to the latest OrIiip report, data shows IIP agency has rejected one in three applications (33%) for 2018/19 for the citizenship by investment program. Since the launch of the scheme a total of 336 applications have been rejected until mid Jun 2019. The…
Nigeria is booming market for second passports, as wealth is fast growing in the oil rich country. More and more nigerians are seeking alternative citizenships for education, travel freedom and promote business and trade outside Africa. US and Canada has been historically most popular immigration destinations for many wealthy destinations. These schemes have been plagued by slow processing and long…
Today Grenada has the No.1 citizenship by investment program in the World, but do you know Grenada also operated an economic citizenship scheme, going back in history some twenty years ago? Grenada operated a passport for sale or Economic citizenship scheme between 1997-2001. Economic Citizenship Program Grenada passed the Citizenship (Amendment) Act, 1997 was passed to make economic citizenship scheme…
Egypt has launched a brand new citizenship by investment program in an attempt to bring in significant foreign investments in the country. You can get Egyptian passport in the Land of Pharaohs and Pyramids in just 3 months, after Egypt announced recent amendments to the 1975 citizenship legislation approved by parliament. The recent amendments simplified the citizenship scheme reducing the time…
