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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. […]

Procuring Citizenship In Montenegro Fast and Easy

The Astons’s experts answer the most frequent questions regarding investment immigration and elaborate on the new Montenegrin citizenship program that enables your family and yourself to quickly procure a European passport. I’ve decided to arrange a second citizenship and heard that it’s now possible to receive a passport of Montenegro. Is this true?  Yes, the […]

Greek Government Will Offer a Moderate Lump-Sum Investor Tax of 25,000 Euro

Greece keeps on reducing taxes to attract even more international investors to the Greek residency scheme. After years of stagnation, the new government performed high-scale reforms to revive the economy and bring more funds into the country. The cabinet of Mitsotakis has already unveiled a three-year VAT exemption for developers, a 22% property tax decrease […]

Investor Immigrants in Portugal Get Increasingly Interested in Fund Investment

Since the launch of the Portuguese Residency by Investment Program in 2012, it’s been recognised as one of the most demanded immigration routes due to its simplicity and moderate requirements. The investment options under the programme include real estate, capital investment, entrepreneurship and private equity. Property acquisition remains the most coveted scenario, yet it looks […]

2019 Poised to Become a Record Year for Residence by Investment in the European Union

The data now available for 2019 reveals that it may become a peak year for the European Residence by Investment Programmes (RIPs). Greece, Latvia, Portugal, Spain and the UK have already published their half-year approval figures. Ireland and Malta still retain the data undisclosed, yet their input would account to just 15 percent of the […]

Three Hotels in Montenegro Pending Approval for Citizenship by Investment Programme

At this point, the Montenegro Citizenship by Investment Programme (CIP) has only included one approved project – a hotel in ski resort Kolašin. That said, more developments are planned for CIP later this year. The Montenegro programme was unveiled last month, yet applicants haven’t had any real choice so far. The delay in approving more […]

Greece Will Enable Credit Card Payments for Residency by Investment Programme

Unlike the previous government, the current Greek authorities have proposed to enable credit card payments as a form of transferring migration investment funds. This practice was previously banned as it tended to breach the capital control policy of China. Chinese investors are generally limited to $50,000 per year on payments in foreign currency. That said, […]

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