The Golden Visa Program in Ireland, known as Immigrant Investor Program (IIP), was opened in 2012 to bring added benefits to the economy of Ireland. The Government announced on Feb 15, 2023 the closing of the golden visa scheme in Ireland. Below are important questions answered by Immigration office. 1.What is Irish Immigrant Investor Golden Visa Program? The Irish Immigrant…
The Grenada Citizenship by Investment Programme now requires citizenship applicants, who are age 17 years or older, to participate in a mandatory interview. The commencement of the interview process will take effect September 4, 2023 for all applications, as per Circular No. 9 of Sep 1, 2023 To satisfy the programme’s new regulation, applicants must accede to certain requirements: Applicants,…
From the inception of the Programme in 2016, Saint Lucia introduced a multi-layer approach to due diligence consisting of KYC (know your customer) conducted by Authorised Agents prior to the submission of an application, to the use of international and recognised 3rd party due diligence firms and our Local Law Enforcement, the Royal Saint Lucia Police Force which in themselves…
Portugal can also be the cheapest golden visa program that gives you full moneyback if you invest reduced 280,000 euro (instead of 350K euro) in real estate properties in low density inner regions of Portugal. Many property developers offer full money back with guarantee of the 280,000 after 7 years for investments in both residential and commercial properties. Another bonus…
The New Malta citizenship by investment legislation has an increased focus on ensuring applicants have a genuine link with the country. Successful candidates will be granted citizenship in Malta by a Certificate of Naturalization, which can also be extended to include their families. The Malta citizenship by investment regulations include some of the strictest due diligence standards of any immigrant…
The President announced his verdict and formally vetoed the new GV proposal on housing, sent it back to parliament for further legislative amendments. As a result, foreign investors have until October to take advantage of the reduced Golden Visa investment at €280,000 (instead of 350K) to buy into in portugal real estate market and secure a residency in Portugal. The…
The President of Portugal Marcelo Rebelo de Sousa has vetoed the Golden visa housing bill on Aug 20, and has sent back without promulgation to parliament for further amendments saying “unconstitutional”. The Government will make further amendments to the bill within one month. The Mais Habitação legislative package, underwent many changes compared to the initial draft, was approved by Parliament…
Portugal parliament this month has voted to continue Golden visa program, but without real estate investments to avert a housing crisis. The promulgation is yet to be signed by President of the Republic and then the amended law will come into force after the government publishes in the gazette. The deadline is approaching fast, with little time left for last…
Malta has published 8th annual report revealing downward trend of applications during the year 2021 due to Covid measures (only 23 applications were received by the CMA). The Eighth Annual Report by the Regulator GCES has been laid on the Table of the House of Representatives on the 17thApril 2023, by the Minister responsible for citizenship as provided for in…
The Granting of Citizenship by Naturalisation for Exceptional Services by Direct Investment is regulated by the Granting of Citizenship for Exceptional Services Regulations (S.L. 188.06) which can be summarized as follows: Main Applicants desirous of obtaining Maltese Citizenship by Naturalization for Exceptional Services through Direct Investment, need to appoint a licensed Agent (in terms of Legal Notice 435 of 2020…
