Fort Lauderdale, FL – Astons, a recognized authority in global investment migration, unveils a detailed report analyzing the significant shifts within Golden Visas and dual citizenship programs in 2023.
This insightful report delves into the dynamic changes and trends shaping the future of investment migration, with a particular focus on EU Golden Visas and Caribbean citizenship-by-investment offerings. The year 2023 witnessed a period of substantial transformation, marked by rising investment minimums and evolving geopolitical influences that continue to reshape the citizenship and residency-by-investment landscape.
Adapting to a Dynamic Landscape:
“The past year has been pivotal for entrepreneurs and investors seeking to leverage the return on investment (ROI) of global access,” remarks Denis Kravchenko, Director of Business Development at Astons and head of their Cyprus office. “We’ve witnessed notable shifts across several programs, from revisions to the highly-regarded Greek Golden Visa – the world’s #1 program in 2023 – to the Caribbean’s ongoing adaptation to new regulatory standards. These developments signal a new era in investment migration, underscoring the unpredictability of our world. For those who delay action, the risk of missing out becomes increasingly real. This reinforces the critical importance for investors to remain informed and demonstrate agility.”
Key Takeaways from the Report:
The report highlights a range of key takeaways, including the Greek government’s revisions to investment requirements within specific regions of the country. Further, it details significant changes impacting the “Caribbean Five” – Antigua & Barbuda, Dominica, Grenada, St. Kitts & Nevis, and St. Lucia. These nations recently met with U.S. Treasury officials, agreeing to adhere to six principles aimed at enhancing selectivity within their citizenship-by-investment programs. The full impact of these changes across the Caribbean region is anticipated to unfold by late 2024.
Additional insights within the report illuminate Turkey‘s potential increase in minimum investment thresholds and the launch of a new citizenship-by-investment program in Vanuatu. Furthermore, it explores Hungary’s proposed introduction of a Golden Visa program alongside the Netherlands’ decision to terminate its residency-by-investment program. Developments in Malaysia and Portugal are also noteworthy, with the former relaxing MM2H requirements and the latter program eliminating the real estate option from its Golden Visa offering.
Astons: Guiding Clients Through Evolving Opportunities:
“Astons remains at the forefront of this evolving landscape,” asserts Kravchenko. “We proactively adapt to these changes, ensuring our clients have access to the most strategic investment opportunities. With our Astons Portugal Golden Visa Equity Fund and a comprehensive suite of tailored solutions, we are well-equipped to navigate the dynamic landscape of 2024, empowering our clients to capitalize on the optimal investment-for-access options.”
Read the full report here.
This article was based on a press release originally distributed on February 1st, 2024.
