A UHNW Luxury Real Estate Report indicates that Ultra-High-Net-Worth (UHNW) individuals, generally defined as those with assets in excess of $30 million, are increasingly relying on global investment immigration programs to obtain a second passport. Among the reasons for seeking second citizenship include relocating to a nation offering greater security and stability, reducing personal and…
Demand for the Cypriot investment immigration program among Chinese investors has contributed to the recovery in the country’s construction sector. The Cypriot citizenship by investment scheme requires non-EU applicants to invest at least EUR 300,000 in real estate in the country. The secretary general of the country’s Chamber of Commerce and Industry stated that more…
The Greek Golden Visa program offering permanent residence to non-EU nations investing at least EUR 250,000 in real estate in the country has failed to attract affluent investors. The country’s performance is particularly poor when compared with other Golden Visa programs offered by other EU nations. Greece issued 983 Golden Visas over a 28-month period…
The island nation of St. Kitts and Nevis is offering fast-track citizenship to individuals investing at least $200,000 in the country. Other nations in the region like Dominic and Grenada are popular among wealthy Chinese and Russian investors seeking citizenship in lieu of real estate investments in the countries. Around 2,000 investment immigrants have applied…
Antigua has issued over 800 passports to investment immigrants since the inception of its Antigua Citizenship by Investment program. Between June and December 2015, the program received 194 applications and over 300 passports were granted to successful applicants and their family members. Chinese citizens topped the list of successful applicants with 71 investment immigration applications…