Greece is preparing to sharply increase the cost of buying residential property for many buyers from outside the European Union, a move that could have significant consequences for the country’s Golden Visa program. The Greek government has confirmed plans to raise the property transfer tax on residential purchases by third-country
A new EU rule set to take effect January 11, 2027, will require non-EU banks providing certain core banking services to clients in the bloc to operate through an authorized European presence unless an exemption applies. Starting January 11, 2027, banks headquartered outside the European Union will generally no longer
Singapore is preparing a new set of measures to attract asset managers, hedge funds and senior investment professionals as competition for global financial talent and capital intensifies. The Monetary Authority of Singapore (MAS) announced on August 19, 2026, that it plans measures covering three areas: a tax exemption for qualifying
New Zealand has tightened the rules governing borrowed capital, source-of-funds evidence, and fund transfers under its Active Investor Plus Visa. Immigration New Zealand announced the changes on August 13, 2026, saying they are intended to make the program’s requirements clearer and support a more transparent investment process. The government did
For decades, one of the defining features of Caribbean Citizenship by Investment programs has been their accessibility from abroad. An investor could complete most or all of the citizenship process without relocating to the country granting the passport. In several jurisdictions, there was either no meaningful physical-presence requirement or only
Indonesia has taken a significant step toward strengthening its position in regional finance after Parliament approved legislation establishing the Indonesia International Financial Center, known as the PFII. The law, passed by the House of Representatives on July 21, 2026, creates a specialized financial zone designed to attract international capital, financial
Antigua and Barbuda has introduced legislation that would formally increase the residency requirement for successful Citizenship by Investment (CIP) applicants from five days to 30 days, marking one of the country’s most significant reforms to the program in recent years. The proposed amendments also introduce new oversight measures for the
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
