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Greece to contemplate doubling the golden visa investment threshold
By Moustafa Daly Greece’s national economy minister, Kostis Hatzidakis, said that raising the minimum investment of the Greek golden visa might be imminent. Speaking at a conference last week, Hatzidakis did not specify the areas where the
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Uglobal Staff
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Saint Lucia announces new “Infrastructure Option” for CBI, streamlines application process
By Moustafa Daly In a recent circular to industry professionals, the Saint Lucia citizenship by investment (CBI) unit announced introducing the new “Infrastructure Option,” available to investors starting February 5, 2024. The new option, which requires a
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Uglobal Staff
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France introduces new immigration bill after constitutional amends
France has tightened language requirements for residency applicants, but is relaxing policy for understaffed occupations.
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Uglobal Staff
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Are U.S. citizens increasingly renouncing citizenship in favor of golden passports?
By Moustafa Daly Despite being among the most coveted citizenships in the world, thousands of United States citizens renounce their nationality every year. In the decade ending in 2020, nearly 37,000 citizens gave up their U.S. passports
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Uglobal Staff
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The UAE scraps down payment requirement for real estate golden visa
The UAE golden visa by real estate will reportedly no longer require a 50% down payment.
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Uglobal Staff
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Australia scraps investor visa program, future of pending applications uncertain
By Moustafa Daly The Australian government announced that it has scrapped its residency by investment (RBI) program. The Business Innovation and Investment Program (BIIP) was a popular route for foreigners to obtain residency in Australia in exchange for investments
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Uglobal Staff
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Antigua and Barbuda’s CBI program “more popular than ever,” says authorized agent
By Moustafa Daly The year 2023 brought many changes for the citizenship by investment (CBI) industry in the Caribbean, as some programs struggled while others thrived. Amid increased scrutiny from the U.S. and European Union (EU), the
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Uglobal Staff
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Bulgaria and Romania’s joining the Schengen Area might boost their RBI programs
By Moustafa Daly After officially joining the European Union (EU) in 2007, Bulgaria and Romania are finally gearing up to partially join the Schengen Area starting March 31, 2024. From that date on, Bulgarian and Romanian nationals
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Uglobal Staff
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Latvia’s RBI program: an emerging affordable alternative to the Portuguese golden visa
By Philippe May Latvia’s Residency by Investment (RBI) program is an affordable alternative and could become a new popular option to the renowned Portuguese golden visa. The visa program has significantly made this small Baltic
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Philippe A. May
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Why are high net worth individuals seeking second passports?
By Preeya Malik In recent years, many high-net-worth individuals (HNWIs) have sought second passports and residencies outside of their home countries. Different motives drive these affluent individuals to pursue second citizenship. GLOBAL MOBILITY AND SECURITY
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Preeya Malik