The relationship between the European Union and the Caribbean’s Citizenship by Investment (CBI) jurisdictions has entered a new phase. In a significant escalation, the European Commission has formally written to the five Eastern Caribbean countries operating citizenship by investment programs, requesting that they phase out their CBI schemes by June
The U.S. Department of Homeland Security (DHS) has released a long-awaited Notice of Proposed Rulemaking (NPRM) that would formally implement the EB-5 Reform and Integrity Act (RIA) of 2022. Spanning 358 pages, the proposal represents the most comprehensive regulatory update to the EB-5 Immigrant Investor Program in years, providing long-awaited
Latvia’s planned overhaul of its investment immigration program has been delayed after President Edgars Rinkēvičs returned the newly passed Immigration Law to parliament for further review. The Saeima approved the new Immigration Law on June 11 by a vote of 65-17, replacing the legislation that has governed foreign residence permits
A consortium of nine Portuguese law firms has filed a formal complaint with Portugal’s Ombudsman, the Provedoria de Justiça, on behalf of 1,260 Golden Visa investors who say the government’s revised nationality law has left them without protection, compounded by years of processing failures inside the country’s immigration agency. The
Ireland has announced that nationals of Saint Kitts and Nevis, Saint Lucia, and Nicaragua will now require a visa to enter the country, ending visa-free access that had previously been available to passport holders from all three jurisdictions. The measure took effect on June 15, 2026, and also applies to
Türkiye’s 20-year foreign income tax exemption has officially entered into force. After being approved by Parliament in May, the measure has now been published in the Official Gazette as Law No. 7582, completing the legislative process and providing greater certainty for investors, entrepreneurs, and internationally mobile individuals considering a move
Mauritius has announced a new Golden Visa program aimed at attracting high-net-worth individuals, entrepreneurs, and international investors, becoming one of the latest jurisdictions to compete for globally mobile wealth. The initiative, unveiled by Prime Minister Navinchandra Ramgoolam, will require eligible applicants to invest at least US$1 million in Mauritius within
Turkey has moved one of its most closely watched tax reforms a significant step forward. On May 21, 2026, Turkey’s Parliament passed legislation granting eligible new residents a 20-year exemption from Turkish taxation on qualifying foreign-source income, alongside a preferential 1% inheritance and gift tax rate. The measure forms part
The United Kingdom is reportedly considering the launch of a new high-value investor visa aimed at attracting ultra-wealthy individuals willing to commit at least £5 million into strategically important sectors of the British economy. According to recent reports from Bloomberg, the proposal would operate on an “invite-only” basis and could
Samoa has been removed from the European Union’s list of non-cooperative jurisdictions for tax purposes after implementing reforms aimed at aligning its tax and regulatory framework with international standards. The decision was confirmed by the Council of the European Union on 17 February 2026 as part of the bloc’s latest
