In a significant change to its popular Golden Visa program, Portugal’s Immigration Office (AIMA, formerly known as SEF) has announced a complete digital transformation of its application process. During a briefing session held on January 9, 2025, AIMA revealed these changes that will affect roughly 58,000 applicants and their families
Following the recent U.S. elections, there has been a significant spike in American interest in purchasing vacation homes in Greece, as reported by Elxis – At Home in Greece, a realty firm focused on the Greek holiday home market. Elxis has observed a remarkable increase in traffic and engagement from
As the global wealth landscape undergoes significant transformation, the industry for citizenship and residence by investment, commonly known as the “Golden Visa” industry, is expected to experience a dramatic surge. Multipolitan, a new platform based in Singapore and specializing in citizenship/residence-by-investment, forecasts that the market could reach over $100 billion
Malta is increasingly becoming a favorite destination for British expatriates looking for a serene retirement spot, thanks to its favorable climate and enticing tax benefits. The island stands out as an ideal locale amidst the closure of similar residency-through-investment programs in other parts of Southern Europe. Richard Long, a 77-year-old
2025 is poised to be a decisive year for Cyprus as it anticipates crucial verdicts in some of its largest corruption cases to date. The nation’s Independent Anti-Corruption Authority is nearing the conclusion of multiple high-stakes investigations, including scandals over “golden passports,” problematic real estate dealings, and controversial unlicensed developments.
The European Union (EU) has terminated visa-free travel privileges for citizens of Vanuatu, pointing to significant security concerns associated with the island nation’s “golden passport” program. This drastic measure reflects the EU’s escalating scrutiny of investment-driven citizenship schemes and comes after a provisional two-year suspension. Introduced in 2015, Vanuatu’s investor
Portugal is positioning itself as a low-tax haven for young adults by offering them a decade of substantial tax breaks. This initiative is aimed at reversing the growing trend of the youth exodus in search of better-paying jobs abroad, stemming from one of Western Europe’s poorest economies. The center-right government
Jing Wang, an associate of former Maltese Prime Minister Joseph Muscat, has been implicated in a corruption scandal involving Cyprus’s controversial ‘golden passports’ scheme. Wang, whose Malta company hired Muscat as a consultant after he left office, has been named as a defendant in a legal case related to ex-Cypriot
In a significant move, Ukrainian President Volodymyr Zelenskyy has announced that Ukraine will offer citizenship to foreign volunteers serving in the country’s Defense Forces and their families. This announcement, made through a post on Telegram on August 15, underscores the nation’s commitment to acknowledging and supporting those who contribute to
In recent years, Malaysia has been in the spotlight due to a significant Chinese investment, estimated at 170 billion ringgit (US$35.9 billion). This influx was expected to transform the Malaysian property market, enticing more Chinese nationals through the Malaysia My Second Home (MM2H) program. As of January of the reporting
