Constitutional Approval of Changes to Nationality Law The President of Portugal, Marcelo Rebelo de Sousa, has officially promulgated the Nationality Law, which includes amended rules for granting nationality to descendants of Sephardic Jews. This decision follows the Constitutional Court’s (TC) ruling, which found the changes to be constitutional. The court
The Gulf Cooperation Council (GCC) countries are increasingly implementing residency through investment programs, aiming to attract foreign investment and entrepreneurs. Residency and citizenship through investment programs in the UAE, including the Golden Visa, enable applicants to qualify through real estate investments, business establishment or investment in relevant financial assets. Depending
Henley & Partners, a leading international wealth advisory firm, has released groundbreaking research highlighting the synergy between first-class education and expanded global access rights in fostering opportunities for future generations. This pioneering study is encapsulated in their inaugural Henley Education Report, which introduces the Henley Opportunity Index. This innovative benchmarking
ATHENS, GREECE — In a significant move to regulate its real estate market, Greece has announced adjustments to its “Golden Visa” program, primarily in response to the influx of Chinese nationals buying property in exchange for residency rights. This program has become a popular channel for China’s affluent citizens looking
The UK’s non-domiciled residents, a group of wealthy individuals who live in the country without being tax domiciled there, are facing a period of uncertainty and anxiety. This concern stems from the potential changes in their tax privileges, which have been a subject of debate and gradual reduction over the
The Dutch government has made a pivotal decision to discontinue its “golden visa” program, which will take effect from the start of 2024. This program has been in place since 2013 with the goal of drawing affluent foreigners to invest in the Netherlands, thereby granting them residency rights. The termination
The Allure of the Golden Passport Grenada is carving a unique niche for itself in the global landscape, offering a pathway to citizenship through investment. According to a recent report by Business Insider, this Caribbean nation is among five others offering a so-called “golden passport.” A contribution of $150,000 to
Singapore’s passport has now taken the lead as the world’s most powerful, surpassing Japan, according to the latest Henley Passport Index. With visa-free access to an impressive 192 global destinations, Singapore’s passport holders enjoy unparalleled global mobility. After enjoying five years at the top spot, Japan has now dropped to
As Nigeria grapples with economic challenges despite being Africa’s largest economy, the country’s debt has surged by 500% under former President Muhammadu Buhari’s leadership. The World Bank’s Nigeria Development Update (NDU) has recently revised the country’s gross domestic product (GDP), reflecting ongoing economic and social developments and addressing long-term prospects
The President of the Autonomous Region of Madeira, Miguel Albuquerque, has expressed strong opposition to recent changes introduced by Prime Minister Antonio Costa to Portugal’s Golden Visa scheme. These changes have been deemed “counterproductive” by Albuquerque, who contests the new rules imposed by Costa. Particularly, he believes that the changes
