Hong Kong’s CIES Tops 3,000 Applications, HK$95 Billion in Anticipated Investment
One rule change in March 2025 triggered a 440% monthly surge. The numbers since make the first year look like a different program.
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Intel & Data
New Zealand AIP Visa Registers 41 Applications in One Month, Total Reaches 532
Americans lead investor visa surge as New Zealand’s growth category draws bulk of applications since April reforms.
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São Tomé Citizenship Program Garners 98 Applications in First 4.5 Months
São Tomé citizenship applicants span 27 countries from Russia to Venezuela. The program averaged 20 submissions monthly since launch.
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Grenada CBI Applications More Than Double in Q3
Grenada’s CIP is on track for its third best year ever, continues to cut the backlog, and has set a new historical record in Q3 of 2025.
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Paraguay Recorded a 50% Surge in Residency Applications in 2025
Nearly 43,000 people applied for Paraguayan residency in 2025. That’s 50% more than the year before.
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Greek Golden Visa Wait Time Hits 14-Month Low as Officials Chip Away at Backlog
Backlog fell over 4% between October and November as Greece completes 88% of 2023 applications and half of 2024’s submissions.
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Italy Golden Visa Applications Double in Two Years
Italy’s investor visa applications doubled in the past two years, and one CEO believes that 1,000 applications annually is a real possibility.
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ETIAS Could Become the EU’s New Pressure Valve on Caribbean CIPs, Say One-Third of Executives
50% of industry executives doubt Caribbean CBI states will enforce 30 day stays and 75% expect new CBI programs in 2026.
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The Investment Migration Program Winners and Losers of 2025
2025 brought unexpected twists in the RCBI world, with once-dominant programs slipping and new contenders rising fast.
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Quadrupled in 6 Years: American Clients Now Dominate Investment Migration
Half of firms in the 2025 Investment Migration Executive Survey say Americans are their fastest-growing client group.
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Grenada CBI Applications Plunge 45% as Revenue Per Approval Hits All-Time High
Fewer files, richer returns. Grenada’s CIP earns record revenue per investor even as intake slows.
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Portugal Wait Times Reach 40 Months While Greece Processes 31% Faster Than Q2
Portugal’s golden visa wait times can reach four years while others improve. IMI’s Q3 Survey is out now.
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Botswana CBI Program Records 464 Registrations in First Week
Indians and Americans are the largest nationality pools to date, and 27 registrations came from within Botswana.
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Ireland Sets IIP Approval Record Two Years After Program Closes
Ireland approved 538 golden visa applications in 2024, more than double 2023’s total and a record for the program.
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Greece Cuts Golden Visa Backlog by 10% in Just 3 Months
Greece is on track for about 8,600 applications in 2025, and the backlog has fallen by 4,612 applications since the start of the year.
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Latvia Golden Visa on Track for 51% Annual Growth as Real Estate Option Bounces Back
Real estate investment has rebounded, and Turkish applicants lead. Latvia is on pace for its strongest year since 2021.
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Malaysia’s Revamped MM2H Attracts 1,300 Approvals and US$200 Million in Under a Year
Following its 2024 overhaul, MM2H posted an 84% boost in inflows, including RM237 million in property and RM597 million in deposits.
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Citizenship by Investment, Merit, or Hypocrisy? Germany’s Citizenship Data Tell an Interesting Story
CBI is “dangerous,” says the EU. Meanwhile, Germany quietly naturalizes nationals from the same countries it flags as security risks.
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Portugal Golden Visa Processing Times Hit Record 39.6 Months as Saint Lucia Delays Continue
Four programs cut processing times in Q2 while others experienced longer waits, creating wider performance gaps.
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Grenada CIP Revenue Drops 38% in Q1 Despite Slight Rise in Applications
Fewer dollars came in, but real estate kept Grenada’s citizenship by investment program moving in Q1 2025.
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