The newest programme on the citizenship by investment block, unveiled just as the pandemic kicked off, Egypt joins Jordan and Turkey in providing an attractive economic immigration option especially to HNWIs in the Middle East.
With the aim of strengthening the Russian economy and creating new jobs, Russia’s Economic Development Ministry has put forward a draft bill for a residency by investment programme, which would allow foreigners to invest in the country via various routes in exchange for permanent residency.
With the aim of delivering an application and investment process that is friction-free and to combat delays caused by the pandemic, Saint Lucia’s CIU has unveiled its e-payment platform, making the Caribbean nation the first citizenship by investment programme to offer a wholly owned and managed e-payment platform as part of its recently launched website.
Ranked as the fourth happiest country in the world, remote South Pacific island Vanuatu combines high levels of wellbeing with a low carbon footprint and a culture of inclusion, and it’s one of the last places on Earth with no confirmed Covid cases. And for just US$130,000, foreigners can become citizens in just 45 days. So why wouldn't you?
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.
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.