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Author Archives: Editor

Bulgaria citizenship by investment

Last month, in response to the unfortunate and complicated situation in Hong Kong, Bulgaria’s Immigrant Investor Programme (BGIIP) unit announced that it is offering complementary real estate to Hong Kong citizens who wish to acquire Bulgarian economic citizenship.

turkey citizenship property investment

Of the nearly 7 million (6.9 million) houses purchased in Turkey in the last five years, 154,871 were bought by foreign investors, demonstrating a rapid increase in foreign property purchase in Turkey in the last year due to the easing of minimum requirements for acquiring Turkish citizenship by investment.

saint lucia cbi programme website new

In October, the Citizenship by Investment Programme of Caribbean island Saint Lucia unveiled its new brand identity and website. With its contemporary and clean branding and content-rich, easy-to-use website, the programme’s unit has upped the ante in the global CBI programme stakes as it continues to grow during the pandemic.

antigua barbuda laptop

While applications to Antigua & Barbuda’s successful citizenship by investment programme have continued throughout the pandemic, the numbers of applications have only recently returned to what they were pre-coronavirus, according to the Caribbean nation’s Citizenship by Investment Unit.

Bulgaria citizenship by investment pandemic

Following huge delays in applicant interviews for Bulgarian citizenship by investment due to the coronavirus pandemic, Bulgaria’s Justice Ministry has announced an increase in the number of time slots available during October 2020 in the online scheduling system of its citizenship by investment directorate.

britons brexit surge citizenship investment

With the UK set to leave the EU on December 31, and with no deal looking likely, citizenship firms have witnessed a spike in British HNWIs looking to obtain second passports or residency permits via economic residency or citizenship in order to secure easier access to the EU come 2021, with Malta, Portugal and even the Caribbean in demand.

middle east citizenship by investment

Driven by the rapidly increased demand in the Middle East region for citizenship by investment due to the pandemic, leading Dubai-based CBI advisory group RIF Trust has unveiled the CART Programme, which is aimed at empowering its partners to succeed.

barbados visa remote citizenship by investment

In July 2020, the tourism-reliant Caribbean island of Barbados unveiled a 12-month visa to attract remote workers, and then in September, announced its intention to become a republic next year. With the pandemic having hit its tourism sector hard, could Barbados be revisit its plan from 2016 to launch a citizenship by investment programme?

greece residency tax benefits pensioners

With Greece’s Residency by Investment programme seeming currently on hold but with plans to continue post-pandemic, and the Greek government looking to boost its struggling economy, the country has announced an attractive flat income tax rate of 7% for overseas retirees, in an attempt to woo foreign pensioners to its stunning shores to live out their retirement.

passport demand

While, predictably, the pandemic has triggered a sharp increase in demand for citizenship by investment, unpredictably, coronavirus has changed the who, why and where of the CBI landscape, with applicants from unexpected countries surging, reasons for economic citizenship changing, and some CBI countries really standing out from the citizenship crowd.