ATHENS — January 11, 2025 Cyprus is on track to resolve all technical requirements necessary to join the Schengen free-travel zone by the end of this year, according to Cypriot President Nikos Christodoulides. Cyprus and Ireland remain the only European Union member states outside the Schengen area, which allows passport-free
The Portugal Golden Visa Programme continues to be one of the most reliable residency-by-investment options in Europe. Its enduring appeal is reinforced by the diverse range of funds available, enabling investors to tailor their choices to match their individual investment strategies, risk appetites and overall profiles. This flexibility, coupled with
The Egyptian Citizenship by Investment (CIP) program, established under Parliament Law No. 140 of 2019, offers foreign nationals a direct pathway to Egyptian citizenship through various investment avenues. This initiative, designed to attract foreign capital, serves as a strategic move to stimulate economic growth and integrate global investors into Egypt’s
Italy’s Golden Visa program, officially known as the Investor Visa for Italy, was established in 2017 to attract foreign investment and foster economic growth. While many investors gravitate towards traditional options such as government bonds or large-scale company shares, the innovative startup investment path remains an underappreciated yet highly promising
Canada’s unwavering dedication to fostering innovation is exemplified by its strategic emphasis on business immigration. Recognizing the critical contributions of international entrepreneurs and investors, the country actively promotes economic growth and technological advancement. Immigrant entrepreneurs play a pivotal role in job creation and economic diversification, accounting for over 30% of
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
Italian lawmakers are set to moderate a proposed increase in taxes on cryptocurrency capital gains, following industry pushback and internal disagreements within the ruling coalition. According to statements on Tuesday by Giulio Centemero and Treasury Junior Minister Federico Freni of the League party, the planned tax hike from 26% to
