Nearly a Year After Closing, Montenegro CIP Has Approved Only 484 of 1,100 Applications
The program raised more than EUR 400 million from some 1,100 applicants in its short-lived life. Only 484 have been approved so far.
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Author: Christian Henrik Nesheim
Mona Shah Responds to SEC Allegations of “Offering Unregistered Securities” to EB-5 Investors
“We are confident that we will prevail in court, given the strength of our legal and factual arguments,” Shah said in a statement to IMI.
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IM Consultants Warn of Brazenly False Advertising Around Mexico, Romania “CBI Programs”
One client who paid thousands for a “not publicly listed” program had his passport severed upon landing and was stuck in Turkey for months.
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(Updated) “This International Scam Ends Now”: Movie Producer to Sue Former St. Kitts CBI Authorities in US Court
“We have incontrovertible evidence of corruption, and we are going after everyone,” says Martinez about his plans for suing in US court.
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Nuri Katz: “It’s Always Easier to Blame the Foreigners for Your Problems”
We need to stop selling passports and start selling citizenships, argues Nuri Katz, our guest in this episode of the Mobility Standard.
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Processing Delays a Result of “Financing and Discounting Schemes of the Past,” Says St. Kitts CIU Boss
In an exclusive interview with IMI, St. Kitts & Nevis CIU boss Michael Martin chalks up the delayed refunds to “budgetary adjustments.”
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Saint Kitts to Refund Applicants From Sanctioned Countries
Individuals denied citizenship despite paying for it will finally get their money back.
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NHR to Survive At Least Another Year as Portugal Prime Minister Resigns Over Corruption Scandal
As the government falls, the legislative initiative to end the NHR regime falls with it.
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Plans to Expand HQA Visa Program “By Orders of Magnitude”: 10 on The Weekend With Chris Lennon
Chris Lennon says he is surprised demand for EB-5 continues “despite the large price increase, long processing time, and uncertainty of approval.”
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Grenada On Track to Raise More CBI Funds in 2023 Than in Previous 4 Years Combined
2023 is, by any measure, already a year of extreme records for Grenada. And that’s before the CIU has processed its backlog worth US$450m.
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Vanuatu’s New CBI Program: Coconut Oil Fund to Yield Annual Returns, Partial Redemption of Principal
The new program has a single qualifying option: A fund that will invest in the coconut oil sector to reduce Vanuatu’s reliance on fossil fuels.
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Revived Hong Kong Capital Investment Entrant Scheme to Triple in Price, Reveals Chief Executive Lee
Hong Kong’s Chief Executive John Lee has confirmed the program’s new price tag and the exclusion of residential real estate.
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Following Portugal, Italian Govt. Also Aims to Weaken Special Tax Regime
The government aims to hamstring a regime that has successfully raised tax revenue while simultaneously improving the demographic situation.
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The Never-Ending Summers of Matías Apparcel: 10 On The Weekend
Matías Apparcel laments Portugal’s ending of successful policies, and says they should have allowed golden visa investment in social housing.
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No Passport and No Money Back: Retroactively Rejected Saint Kitts CBI Applicants Start Petition
Despite gaining approvals and making donations, applicants were retroactively rejected due to their nationalities and are not being refunded.
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Malaysian Govt. Vows to Ease MM2H Conditions Amid 85% Drop in Applications
The Premium Visa Program (PViP), meanwhile, has received an average of under 5 applications a month since opening a year ago.
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EU Commission Seeks to Make “Investor Citizenship Schemes” Grounds for Visa-Suspension
As it seeks expanded powers to revoke visa-free access from CBI countries, the Commission says a number of them are “under close scrutiny.”
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Bad Actors “Over-Promise and Under-Deliver”: 10 On The Weekend With Slava Apel
“A big part of my day-to-day is helping clients understand misinformation they read online,” says Slava Apel.
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With 3 Months to Spare, Portugal Golden Visas Issued to Americans Hits All-Time Annual High
The program has officially raised €7.3bn. But counting the already-made investments still awaiting approval, the total exceeds €11 billion.
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Podcast: “The Winners Will Be Those Who Are Global” – Mimoun Assraoui and Eric Major
Mimoun Assraoui and Eric Major have big plans for Latitude and aim to unite the industry by making the Investment Migration Council more inclusive.
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