Ottawa Has No Plans to Challenge Quebec on Investor Immigrants

The federal government is not about to challenge Quebec over its immigration programs, despite British Columbia’s claim its economy is hurt by the French-speaking province’s system. The Quebec Immigrant Investor Program (QIIP), currently accepting 1900 new applications in 2017 is the source of B.C.’s frustration, as evidence suggests the vast majority of the mainly-Chinese nationals given visas…

Lisbon’s Emergence from Recession Driven by Golden Visa Investment

Portugal’s golden visa has been highlighted as one of the chief drivers behind Lisbon’s emergence from economic difficulties. Global real estate agency Savills says the property market in the Portuguese capital is thriving thanks to the success of the investor program that was launched in 2012. The Savills report uses data up until 2015, pointing…

High Net Worth South Africans Primary Applicants for Citizenship by Investment Programs (Audio)

The lure of the security of a second passport and owning property in a more stable market is making rich South Africans consider investment immigration programs. Malta, Cyprus and Portugal appear to be the target destinations of ultra high net worth individuals seeking a second citizenship or a back-up residency with accompanying access to the…

Greece Investor Program Less Popular Than European Rivals

Greece’s golden visa is losing out to rivals despite being among the cheapest residency-by-investment programs available in Europe. Just 1,000 visas had been granted through the program until the end of 2015, compared with 6,000 for a similar program in Portugal and 13,000 in Latvia. The Greek program requires a €250,000 property investment, which is…

IMF Highlights Successful Overhaul of St Kitts & Nevis Citizenship-by-Investment Program (Audio)

The International Monetary Fund has congratulated St Kitts & Nevis for the dramatic improvements the country has made to its citizenship-by-investment program, once suspected of being a haven for financial criminals. Dr Inci Otker, an IMF advisor, says the transformation from a program shrouded in secrecy to one that is transparent about the way it…