The Greek government has introduced significant changes to its golden visa program. The changes have been introduced to strengthen credibility and to make it tougher for applicants to misuse the program for money laundering activities. Greece’s golden visa offers a fast-track route to permanent residence to investors buying real estate worth €250,000 in the country.…
Bulgaria’s citizenship by investment programhas been called out by the European Commission for posing significant security, money laundering, tax evasion and corruption risks. Bulgaria introduced its investment immigration program in 2005 followed by multiple amendments aimed at making it easier for wealthy investors to qualify for citizenship. It operates two programs: The first program offers citizenship…
Portugal has expanded its golden visa program and introduced a new asset class into which wealthy applicants can invest in to qualify for permanent residence in the country. Introducing Green Visas Portugal’s legislature has approved the proposal to expand the golden visa program to include environment projects as an eligible asset class. Going ahead, investors…
The investment immigration industry is flourishing despite criticism related to ‘sale’ of citizenship and programs being misused for illegal activities. In 2019, more than 60 programs are in operation, as opposed to just a few scattered options in the 1990s. This boom has mirrored the growing acknowledgement of foreign direct investment (FDI) as a key…
The low-income cut-offs for Canada’s Start-Up Visa Program have been updated. Individual candidates now need to show they have at least $25,338 available, rising with each family member included in the application. The update was published on the website of Immigration, Refugees and Citizenship Canada on February 19, 2019. Read More How to Buy a…