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
On April 24, 2026, President Recep Tayyip Erdogan announced a new investment and tax reform package at the Türkiye Century Strong Center for Investment Program in Istanbul. The package includes a proposed 20-year exemption from Turkish tax on foreign-source income and capital gains for eligible individuals relocating to Turkey. The
New York is moving to tax something wealthy investors have relied on for decades: owning property without living in it. On April 15, 2026, New York City Mayor Zohran Mamdani and Governor Kathy Hochul announced a proposal for a pied-à-terre tax targeting high-value second homes. The measure would apply to
Paraguay has introduced a new pathway aimed at attracting foreign capital by simplifying how investors secure long-term status in the country. The government has officially launched the Paraguay Investor Pass, a program that allows eligible foreign investors to obtain permanent residency directly, without first going through a temporary residence stage.
Switzerland is once again emerging as a preferred destination for global capital, but this time, the shift is being driven by geopolitical tension in the Middle East. Recent reports show that wealthy individuals, family offices, and companies based in the Gulf, particularly in Dubai, are increasingly turning to Zug, a
Portugal has taken another step toward reshaping its citizenship framework, as parliament approved a revised nationality law decree following a last-minute agreement between the Social Democratic Party (PSD) and Chega. The decree passed with a 152–64 vote, with one abstention, securing the two-thirds majority required for nationality legislation after months
St. Kitts and Nevis has formally launched a biometric passport modernization program that will require all citizens who obtained nationality through the Citizenship by Investment Program to complete biometric enrollment by July 31, 2027. After that date, passports issued through CBI applications before the new system goes live will no
In late 2025, Argentina’s Ministry of Economy issued an international tender to appoint a consulting firm that would design, implement, and operate the country’s first citizenship by investment program. The contract is expected to run for four years and includes responsibilities ranging from program architecture to global promotion and operational
