Zanzibar joins Mauritius in unveiling a new tax and residency programme to allow foreigners to live and invest in the Tanzanian island as Africa opens up to non-citizens.
Following the announcement last year that Portugal’s highly successful residency by investment programme was removing Lisbon, Porto and the Algarve as property investment options, with the aim of increasing investment in low-density areas, the Portuguese authorities have further announced this will become effective on July 1, 2021.
With the support of its world-leading Citizenship by Investment programme, the Caribbean island of Dominica is working on becoming the world's first climate-resilient nation.
When it comes to freedom of movement, the just-released Henley Passport Index Q1 2021 reveals that while Asia Pacific passports deliver the greatest global mobility, the countries offering citizenship by investment programmes continue to maintain and even increase their freedom of movement footprint with four CBI countries ranked in the top 10 most powerful passports.
Launched under Saint Lucia’s Citizenship by Investment programme in reaction to the pandemic in May, the temporary COVID-19 Relief Bond which gives potential investors the chance to acquire citizenship by purchasing government bonds for half their previous price, has been extended for one more year.
Thanks to the ongoing pandemic and the upcoming Brexit situation, which from 1st January 2021 will limit British citizens' travel to the European Union, there has been a surge in British citizens enquiring about citizenship by investment in order to guarantee open and easier travel mobility within the EU.
In a bid to combat the economic impact of the pandemic, Slovenia announces it is considering a proposal to launch a citizenship or residence by investment programme for 2021, making it the latest Balkan country to do so.
In a bid to lure foreigners to invest in property in Thailand, and until December 2022 only, Thai-based property developers are giving investors who acquire a condo worth US$333,000 or more a Thai Elite visa, allowing them residency in Thailand for five years.