British Columbia immigration has seen more than 30 communities enrol to be part of the province’s new Entrepreneur Immigration Regional Pilot. The two-year British Columbia Provincial Nominee Program pilot is designed to attract entrepreneurs to establish businesses in smaller communities with populations less than 75,000. These smaller communities are facing some of the more acute…
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…