A sharp surge in demand among golden visa investors may make 2023 a blockbuster year for the Greek golden visa program. Investors pumped in more than €1 billion to the program in the first five months of the year. Offering fast-track permanent residence in exchange for a €250,000 real estate purchase, the Greek program is one…
DetailsIndia’s love affair with investment immigration is unlikely to end soon. The country is set to lose more than 6,500 millionaires in 2023. Citizenship by investment programs like Malta and golden visa programs like the US EB-5 and Portugal or Greek golden visa are the preferred exit routes for Indian High Net-Worth Individuals. But India is far behind China,…
DetailsWith EB-1, EB-2, and EB-3 visas plagued by issues like very tough qualifying requirements or processing times stretching into decades, the EB-5 visa is the simplest and fastest route to the US green card. Within the EB-5 visa, less than one in 10 investors opt for the direct investment route. For the rest, investing in a new…
DetailsPrince Edward Island has issued 9 entrepreneur immigration invitations in a new business draw through the Prince Edward Island Provincial Nominee Program (PEI PNP). The July 20 draw saw Business Impact candidates require a minimum score of 80 points. The same draw also saw 97 invites issued to Labour Impact and Express Entry candidates. Read More Prince…
DetailsPortugal and Greece may be the preferred options for golden visa investors but there are other investment immigration programs that provide a pathway to permanent residence in the European Union. One underrated program is the French Talent Passport Business Investor visa. A foreign investor can settle in France by investing at least €300,000 in fixed tangible…
DetailsThe surprises just keep on coming for Portugal’s golden visa investors. It seems the country won’t be ending its golden visa program after all. Instead, the government now intends to remove real estate purchase and capital transfer as eligible investments to qualify for the visa. The program’s uncertainty began when the government announced its controversial decision to…
DetailsCyprus has revamped its permanent residence by investment program and introduced major changes aimed at improving transparency and creating long-term benefits for its economy. While better control mechanisms and transparency are good for the program, the changes are unlikely to cheer investors since fewer dependents can qualify in a single application and successful applicants will face stricter…
DetailsAfter Ireland, Portugal, and Greece, it is now Spain’s turn to contemplate the future of its golden visa program. Ireland simply shut down its program and Portugal is in the process of doing the same, barring the support of artistic production and the recovery or maintenance of cultural heritage. Greece has not closed its program but…
DetailsWith tech layoffs highlighting the drawbacks of the H-1B visa, more and more Indians are exploring the EB-5 visa route to settle in the US. Investing $1.05 million, or $800,000 in case of a Targeted Employment Area, in a new commercial enterprise and creating at least 10 jobs in the US will help the investor qualify for…
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