Blog - Page 10

Saint Kitts and Nevis Introduces Virtual Asset Bill and Legalises Crypto Payments

The Federation of Saint Kitts and Nevis has officially legalised digital assets such as bitcoin cash. The island state has passed the Virtual Asset Bill 2020 to regulate the crypto flow for local residents and enterprises. A similar bill was passed in Antigua back in 2018. According to the Federation’s bill, legal entities and individuals […]

Turkey and Pakistan Will Enable Dual Nationality for Their Respective Citizens

The Pakistani authorities are planning to sign an agreement with Turkey allowing dual citizenship for nationals of the two countries. The statement was made in the course of a meeting between Pakistan’s Interior Minister Ijaz Ahmad Shah and Turkish Ambassador to Pakistan Ihsan Mustafa Yurdakul. The Turkish ambassador suggested both countries should make an agreement […]

Vanuatu Government Nows Allows to Take Oath of Allegiance by Video Conference

The Vanuatu Citizenship by Investment Programme (CIP) has been one of the most popular and cost-efficient in the industry. The minimum investment is just $130,000 and applicants can receive the Vanuatu citizenship in just one month. The passport of this country allows for visa-free travel to 125 countries including the EU, the UK, Singapore and […]

Maltese Investor Programme Shows a Drop in Figures Due to Unfairly Bad Publicity

Experts believe that the recent decrease in applications for the Maltese Individual Investment Programme (IIP) is due to unfavourable PR and tough competition. 311 candidates submitted their applications between July 2018 and June 2019 – 19 fewer than the year before. In terms of money, Malta attracted €271.6 million that accounts for over 2 percent […]

14 Countries that May Open News Citizenship by Investment Programmes in 2020

Governmental programmes that offer citizenship in return for investment are becoming increasingly popular. Between 2011 and 2018, the number of these programmes has risen from two to twelve whereas the attracted investment has leapfrogged from $43 million to $3 billion. More and more countries are considering their own Citizenship by Investment Programmes (CIP) for affluent […]

US Made Portuguese Citizens Eligible for E2 Visas

In December 2010, the US House of Representatives passed the Advancing Mutual Interests and Growing Our Success (AMIGOS) Act which enables the Portuguese to receive E2 visas. The bill aims to facilitate business travel, boost economic relations between the two countries and give an impetus to the Portuguese-American trade. The Act is also great news […]

Why Affluent Individuals from East and West Are Seeking Second Citizenships

The world is undergoing fast-paced change so getting a second citizenship becomes a coveted option for many business execs and affluent individuals in general. Here’s a good example. Jim Rogers, a celebrated US investor, Co-Founder at the Quantum Fund with George Soros, has resided in Singapore since 2007 enjoying direct access to the booming Asian […]

American Actor Tom Hanks Was Granted Honorary Greek Citizenship at the End of 2019

On December 27, 2019, President of Greece Prokopios Pavlopoulos sealed the official honorary naturalisation of the world-famous US actor Tom Hanks. Hanks has always been known for his love of Greece and its people. The actor’s wife Rita Wilson is of Greek descent. The family traditionally spends their summer vacations in Greece. Their favourite retreat […]

Citizenship by Investment Industry Continues to Grow and Protect its Values

The new year 2020 will witness more challenges to the Citizenship-by-Investment industry, yet it will keep on growing. “The EU officials would love to bring us down, yet they won’t succeed” –  that’s the unanimous expert opinion voiced by an industry insider from Astons Immigration UK. Each year brings along thousands of passports and residence […]

Ultra High-Net-Worth European Family Purchases £65 Million House in Central London

An ultra-rich European family purchased a £65 million house in an undisclosed prime location in London right after the Conservatives won the election. The deal was processed by a luxury real estate agency Beauchamp Estates. Based on the information from the Guardian, the affluent buyer wouldn’t complete the purchase until the election results were announced. […]

How to Relocate to the UK with Turkish Citizenship by Investment Programme

The Astons experts specialising in investment migration answer frequently asked questions regarding the Turkish citizenship and explain how a Turkish passport can help you relocate to the UK quickly and cost-efficiently.  I heard I could relocate to the UK with a Turkish passport? Is that true? Yes. Moreover, many investors join the Turkish Citizenship by […]

Nigeria’s Investment Migration Market: Big Challenges and Potential Rewards

Players in Nigeria’s investment migration industry believe that the market is very difficult, yet it can also be extremely rewarding for the perseverant. Doing business in Nigeria may be challenging. This applies to many industries – telecom, air travel, fintech… The country has stringent capital controls in place: Nigerian nationals can only transfer $10,000 per […]

Vanuatu Citizenship Program FAQs

Astons experts answer the frequently asked questions of investment immigration and describe the benefits of Vanuatu citizenship. Vanuatu is an island state in the south-western part of the Pacific. Its investment migration programme has gained increasing popularity among foreign investors. I’ve been planning to procure a second citizenship and I heard I could get it […]

Financed Malta Residency and Visa Programme Opens Up New Extended Opportunities

The Malta Residency and Visa Program (MRVP) has been favoured by investors from the onset. Malta is an EU member state, it’s in the Schengen zone and also in the British Commonwealth – win-win-win. The route itself is very clear. It offers three transparent requirements: Fixed fee of €30,000 Purchase/rental of property at the minimum […]

Affluent Individuals Find It Increasingly Easy to Relocate to Any Country of Choice

Yet another residency programme for HNWIs and highly skilled professionals was launched in Saudi Arabia. This premium programme has already accommodated 73 individuals. The applicants have to pay 800,000 riyals ($213,000) for permanent residency or 100,000 riyals ($26,700) for extendable one-year permits. By way of the kingdom’s overall diversification, the visa enables the applicants to […]

Turkish Citizenship by Investment: Benefits, Property Options and Bank Deposits

First things first. According to the Turkish Citizenship by Investment (CIP), investors should be able to prove that their real estate is worth the qualifying $250,000. Experts advise you to consult a licensed professional for an independent valuation before acquiring the property. Which are the best places in Turkey for property investment? Istanbul comes on […]

The Economic Boost is St Kitts and Nevis Benefits Locals and New Investment Migrants

St Kitts and Nevis’  Prime Minister Timothy Harris shared with the public that the country’s Citizenship by Investment programme (CIP) contributes greatly to the local economy. For instance, the Poverty Alleviation Programme (PAP) in St Kitts and Nevis grants an additional welfare of $500 to those who earn less than EC$3,000 (appr. US$1,100) per month. […]

Turkish Citizenship Program as a fast track to the UK and USA

Turkish citizenship can be obtained within just 2 months through property investment starting from $250,000. With no additional donation required and coupled with a simplified application process and high ROI property investment projects, this program offers simplified routes to relocating to both the UK and USA under respective visa categories available for Turkish nationals. 1. […]

A Growing Number of United Arab Emirates Residents Consider a Second Citizenship

Based on the International Migrant Stock 2019, the UAE ranks #5 globally in the number of immigrants – with nine million people. On top of the list resides the US with 51 million immigrants, Germany and Saudi Arabia with 13 million each, Russia with 12 million and the UK with 10 million. The UAE has […]

Greek Authorities Will Broaden the Criteria for Residency by Investment Programme

The official Greece Gazette announced a ministerial decision to enhance the criteria for a five-year Greek residence permit granted to non-EU investors. To boost direct foreign cashflows, the new rules impose a minimum investment of 400,000 euros in Greek securities and firms. Equally, an investment of the same amount into property also qualifies for the […]

Portuguese Residency Investment Programme Is Poised to Hit €5 Billion By Year’s End

Portugal’s renowned investment migration programme is just EUR 89 million short of the 5 billion milestone. At this point, 1,099 main applicants and 1,941 family members were granted Portuguese residency. The Residency by Investment (RIP) revenues boosted by 24 percent month-on-month this October, reaching EUR 60 million. The ratio between funds transfer and property purchase […]

Foreign Investors Help Revive the Crisis-Stricken Property Market of Athens

The crisis of 2009 decreased the GDP of Greece from €242 billion in 2008 to €176 billion in 2015. At a certain point, Greece’s debt amounted to 180% of the GDP, and the austerity measures kicked in. At the same time, property sales dropped by over 70%. Now, things seem to look up with the […]

Montenegro Announces Rules for Investment in Agriculture, Fisheries, Wood Processing

Montenegro is one of the latest Citizenship by Investment (CIP) programs in Europe. As for property investment, it has just approved one development project – a ski resort. That said, Montenegro has now come up with formal requirements that apply to CIP applicants investing in agriculture, fisheries and wood processing. Montenegrin officials have voiced the […]

From Ancient World Citizenship to Citizenship by Investment: The Brief History

Citizenship can be defined as a relationship between a person and a state. The person bears certain responsibilities towards the state – the state, in its turn, protects the individual. Citizens enjoy specific rights and freedoms under the jurisdictions of their respective countries. In fact, the modern concept of citizenship dates back to ancient times. […]

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