With an increasing number of countries offering citizenship or permanent residency to individuals in exchange for a significant investment or contribution, the concept of dual citizenship has become more widely accepted. As a result, many countries offering citizenship by investment schemes allow applicants to retain their existing nationalities. Dual citizenship is attained either automatically (by…
A report released by the Vox news website has named the United States as the most favored destination of migrants from over 27 countries around the world. The report, which is based on data from Reddit and United Nations, reveals that highest number of migrants to the US were from South America, most of whom…
The Prime Minister of St. Kitts and Nevis, Timothy Harris, has committed to implement new measures that will ease concerns about the country’s citizen by investment (CBI) program. The move comes as the United Kingdom, the United States, Canada and several other governments have raised doubts about the integrity of the CBI. Indicating that close…
With a price tag as low as $250,000, St Kitts and Nevis has become the world’s most popular place to buy a passport. And now that Cyprus, Grenada, Antigua and Barbuda, and Malta are also treating citizenship as a commodity to cash in on, several other countries are also expected to follow the trail. Reports…
Faced with criticism that Malta’s citizenship by investment program’s residency requirements are vague, the government agency running the scheme, Identity Malta, has admitted that the program does not typically result in actual physical residency from investors for a specific minimum duration. “It doesn’t say physical residency… we expect an individual to be in Malta for…