From 2021, Portugal’s popular residency by investment programme, which offers an affordable route to Portuguese citizenship and EU membership and which has seen a record number of applications in 2020, will change its conditions, allowing applicants to invest in real estate only outside of Porto, Lisbon and the popular Algarve region.
The pandemic has brought with it the opportunity to work remotely and the desire to reside somewhere pandemic-free. And with tourism-dependent countries desperate to replace lost dollars, a flood of digital nomad visa programmes has hit the market in recent months, extending the portfolio of opportunities offered by the global citizenship and residency by investment industry.
The youngest citizenship by investment programme, Montenegro’s CIP, which has seen a 142% surge this year, has recently extended its portfolio of approved development projects to offer economic citizens 11 investment options, with everything from a 5* hotel room in a popular ski resort to a luxury residence in the Med’s best marina.
As international travel resumes following the pandemic, but with Covid restrictions still in place, a new global mobility hierarchy has emerged, according to the just-released Passport Index 2020 Q4 edition. While some of the world's most powerful passports like the US have lost their shine, others have gained global mobility ground.
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?
With a fresh new look and feel and a brand-new tagline of Authentic, Respected and Secured, Saint Lucia’s re-branded Citizenship By Investment Programme reinforces its identity as a CIP that delivers good governance and rigorous due diligence... a message that's increasingly important and one that lies at the heart of its re-brand.
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.
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.
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.