IMI's podcasts include the Mobility Standard, where we interview investment migration industry figures, as well as news summaries and articles from imidaily.com.
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This Week in IMI - June 5: St Lucia Confirms MoA Signing, Portugal Adds Investment Option to Golden Visa, EU to Revoke Vanuatu’s Visa-Free Access, ++
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Our summary of the top stories in investment migration this week: 🇱🇨 St Lucia Confirms MoA Signing 🇵🇹 Portugal Adds Investment Option to Golden Visa 🇪🇺🇻🇺 EU to Permanently Suspend Vanuatu’s Visa-Free Access 🇬🇷 Greek Golden Visa Processing Hits 18 Months 🇨🇾 Cyprus Probes “Problematic” Citizenship Cases ++ Subscribe to the IMI Daily newsletter here.…
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EU Commission Proposes Permanent Suspension of Vanuatu's Visa-Free Schengen
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After two years of temporary suspension, the European Commission believes Vanuatu hasn't adequately addressed its security concerns. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Average Processing Time for Greece Golden Visa Now Exceeds 18 Months
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Two-thirds of applications submitted last year (and 8% of those from 2022) remain unprocessed as elevated demand continues unabated. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Cyprus to Probe 100 Cases Involving "Problematic" Citizenship Investors
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The 100 or so cases include ones in which the investors are criminal fugitives, didn't finalize the investments, or only pretended to do so. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Thailand Introduces Practically Free Visa for Digital Nomads and Remote Workers
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For just over $500, you can stay in Thailand for up to a year, and six months a year after that, thanks to the new Destination Thailand Visa. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Expect Avalanche of US Expatriation This Year, Regardless of Who Wins The Election
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If the Supreme Court outlaws tax on unrealized capital gains, the major barrier to Americans leaving disappears, says Lesperance. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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St. Kitts PM: Prepared to "Revoke Citizenships Obtained by Fraud”
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PM Drew has already given the go-ahead for the judicial review and is the second regional PM this week to say he is ready to revoke citizenships. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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St Lucia to Sign MoA, Distances Itself From MSR Media Lawsuit
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In a statement, the government said it had "no business with Philippe Martinez" and that agreements with Galaxy stem from the former gov't. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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This Week in IMI - May 29: Avalanche of US Expatriation, Thailand Introduces Remote Work Visa, St. Kitts Will Revoke Fraudulent Citizenships, ++
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Our summary of the top stories in investment migration this week: 🇺🇸 US expatriation expected to rise 🇹🇭 Thailand to introduce visa for remote workers 🇰🇳 Kittitian PM prepared to revoke fraudulent citizenships 🌴 MSR Media files RICO suit against Kittitian, Saint Lucian officials 🇱🇨 St. Lucia to sign MoA ++ Subscribe to the IMI Daily newsletter here…
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UAE Golden Visa Approval Volume Doubles to 158,000 in 2023
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The UAE's golden visa approval volume doubled again last year, buoyed by a surge in Russian real estate investment. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Egypt Citizenship by Investment Program Has Received "Around 1,000 Applications", Says CIU
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He also revealed that, so far, about three-quarters of applicants have been Syrians. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Hungary Enacts 3 Consequential Changes to Its Upcoming Guest Investor Program
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Before the program has even formally launched, Hungary's parliament has already amended rules governing the GIP that's opening this summer. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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MSR Files RICO Suit Against Khan, Emmanuel, Harris, Galaxy in US, Publishes Whatsapp Screenshots
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Whatsapp messages appear to show the Kittitian AG knew Khan and Harris had received several million dollars in kickbacks from prison project. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Clients Starting to Think of $80,000 Discount as "A Third Official Option": Anastasia Barna
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Anastasia Barna says clients who have qualified for Caribbean citizenship via "the $80,000 option" are running the risk of revocation. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Backlog for Australia's Closed BIIP Could Take Decades to Clear, Says Agent
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James Hall says a tiny annual quota and a huge backlog imply decades of waiting. But Australia may soon introduce a new investor visa. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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This Week in IMI - May 22: Caribbean’s $80,000 Citizenship “Option”, Australia’s BIIP Decades-Long Backlog, Grenada Breaks Confidentiality with Burmese Investor, ++
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Our summary of the top stories in investment migration this week: 🌴 Caribbean $80,000 Citizenship “Option” 🇦🇺 Australia May Refund 18k BIIP Applicants 🇬🇩 Grenada Breaks Confidentiality with Burmese Investor 🇭🇺 Hungary’s Makes 3 Changes to Upcoming Golden Visa 🇹🇭 Thailand’s Proposal of Schengen-Style Visa 🌴 Caribbean’s Possible Hike of Real Estate P…
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Disclosing CBI Applicants' Identities Will "Ruin" The Business, Says Agent After Grenada Names Burmese Investor
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CBI units who name applicants "will ruin the entire proposition" of CBI in countries that don't allow dual citizenship, warns senior industry executive. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Price Hike Possible Also for CBI Real Estate Option, Reveals Grenada Developer
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"They'll want to keep a delta between (donations and real estate), says Richard Hallam, hinting that the price for real estate could rise. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Thai PM Proposes Schengen-Style Visa for Southeast Asia
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Thailand's PM hopes to boost tourism in the region, which sees about 70 million travelers a year, by making it available on a single visa. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Grenada CIP Revenue Exceeds EC$1 Billion in Bumper Year
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Grenada collected more CBI revenue in 2023 than in the preceding five years combined but still has a backlog worth over half a billion EC$. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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June 30th Caribbean Price Hike Deadline "Is A Bit Tight," Says Influential CBI Agent
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While Peters believes the four Caribbean countries fully intend to implement the MoA, he thinks the June 30th deadline is unrealistic. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Benin Proposes Law to Grant Citizenship to African Descendants
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Benin government proposes law to grant three-year passport with route to citizenship for individuals of African descent. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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This Week in IMI - May 15: Grenada Breaks Records, Caribbean Deadline “Is a Bit Tight,” Proposal for Citizenship by Descent in Benin, ++
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Our summary of the news this week: 🇬🇩 Grenada Breaks Records 🌴 Caribbean Deadline “Is a Bit Tight” 🇧🇯 Benin Government Proposes Citizenship by Descent 🇨🇾 Cyprus's Startup Visa Off to Slow Start 🇨🇦 Canada's Startup Visa Has Workaround ++ Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Cyprus Has Approved Only 4 of 51 Startup Visa Applications
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Cypriot authorities hope to turn the island into an "innovative tech hub," but its Startup Visa has produced limited tangible results. View the full article here. Subscribe to the IMI Daily newsletter here.By Christian Henrik Nesheim
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Slava Apel on The Workaround That Brings Startup Visa Applicants to Canada in Just 1-2 Months
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While processing times for the Startup Visa average about 30 months, Slava Apel reveals a workaround for those eager to get to Canada sooner.By Christian Henrik Nesheim
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Kiss: Much Faster Process, Lower Thresholds Key to Hungary Outcompeting EU Golden Visa Rivals
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"If they are processed in three months also this time, then this program will be the best, because clients want to see results," says Kiss.By Christian Henrik Nesheim
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Everything You Need to Know About Hungarian Golden Visa Property Investment
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IMI Pro Csaba Magyar provides a step-by-step guide to how property investments work for Hungary's new Guest Investor Program.By Christian Henrik Nesheim
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Bulgaria's Trade Representative Office Route to EU Permanent Residency
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Ivan Petrov details a path to EU residency for up to three individuals through Bulgaria's Trade Office Representative route.By Christian Henrik Nesheim
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On The Consequences of New Caps for Canada's Startup Visa
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Nicolas Laurin urges designated organizations for Canada's Startup Visa to refrain from excessive price hikes in the wake of the new quotas.By Christian Henrik Nesheim
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This Week in IMI - May 8: Bulgaria Offers Attractive PR Route, New Caps on Canada’s Startup Visa, Malaysia’s MM2H Overhauled… Again, ++
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Our summary of the news this week.By Christian Henrik Nesheim
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Up To a Million Americans May Qualify for Armenian Citizenship by Descent
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Immigration lawyer Nerses Isajanyan explains everything you need to know about how and why to claim your Armenian citizenship by descent.By Christian Henrik Nesheim
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The Harsh Reality of Illegal Passports: A Pilot's Cautionary Tale
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Leila Bagheri recounts the story of a young pilot who ruined his career after paying for a fast-track to Mexican "citizenship".By Christian Henrik Nesheim
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Turkey Launches Digital Nomad Visa, Plans Tech Visa Next
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However, only 32 nationalities are eligible, and local experts question the government's preparedness for processing applications.By Christian Henrik Nesheim
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Malaysia's MM2H Program Undergoes Licensing Delays and Concerns Amid Major Revamp
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Malaysian government overhauls MM2H program; licensing delays worry agents as new regulations aim to streamline process and curb misconduct.By Christian Henrik Nesheim
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Canada Restricts SUV Application Volume to Tackle Backlog
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Canada's government caps the number of Start Up Visa applications per designated organization to tackle a growing backlog of applications.By Christian Henrik Nesheim
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Cyprus Proposes €250,000 Residency Program for Financially Independent People
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The Cypriot Parliament is debating the introduction of a new residency program requiring a €250,000 property investment and a €40,000 income.By Christian Henrik Nesheim
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This Week in IMI - Apr 30: MSR Broadens CBI Discounting Lawsuit, CBI MoA to Bolster Demand, Grenada CIU CEO Says “We’ll Be Ready by June”, ++
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Our summary of the news this week.By Christian Henrik Nesheim
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"We'll Be Ready by June," Says CEO of Grenada CIU About Caribbean Price Increases
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He also says that if the MoA isn't enough to allay EU fears, "it will be clear that they have reasons other than national security concerns.”By Christian Henrik Nesheim
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Malta "Seriously Considering" Revoking Investor's Citizenship Following Money Laundering Conviction
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A UK court has sentenced a 24-year-old Russian to seven years in prison for money laundering. Malta weighs whether to revoke his citizenship.By Christian Henrik Nesheim
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Caribbean CBI MoA to Bolster Rather Than Hinder Demand, Say Experts
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During Global Citizen Week, Caribbean CBI experts give their thoughts on the future of the Caribbean amid the implementation of the MoA.By Christian Henrik Nesheim
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MSR Media Indicates its Lawsuit Over CBI Discounting Has Widened in Scope
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MSR Media says it may also sue CBI companies that enable discounting, and claims to have new evidence of criminal financial transactions.By Christian Henrik Nesheim
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Asians Accounted for 9 in 10 EB-5 Visas Issued in 2023, But Tens of Thousands Still Waiting
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"Demand for the EB-5 program still sharply exceeds the limits established by the US Government, writes Varvara Latyntseva.By Christian Henrik Nesheim
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Aiming to End Golden Visas, Spain Also Considers Legalizing Half a Million Illegal Immigrants
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"A few hundred golden visas a year can hardly affect a real estate market that sees almost a million transactions annually," writes Jacinto Soler Matutes.By Christian Henrik Nesheim
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Russians, Iranians, and Iraqis: The Top Citizenship by Investment Property Investors in Turkey
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Foreigners bought 384,519 homes in Turkey over the last decade. In recent years, claims one newspaper, three-quarters were CBI investors.By Christian Henrik Nesheim
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This Week in IMI - Apr 16: Former PM of St. Lucia Accuses Govt of Selling “Secret” Option, Hong Kong CIES Relaunches to Success, Italy’s New Digital Nomad Visa Revealed, ++
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Our summary of the news this week.By Christian Henrik Nesheim
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Hong Kong CIES: 50 Applications in First Month, Application No. 1 Approved in Just 23 Days
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Hong Kong authorities hope to attract 4,000 applicants a year. Hannah Ma analyzes why the first applicant gained approval in just 23 daysBy Christian Henrik Nesheim
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Everything You Need to Know About Italy's New Digital Nomad Visa
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Who exactly qualifies as a digital nomad, how does the application work, and what are the advantages of the visa? Nicolò Bolla explains.By Christian Henrik Nesheim
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8 in 10 Canada Startup Visa Approvals Come From One Designated Organization Type
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Do angel groups, VC funds, or incubators have the highest Canada SUV approval rates? Slava Apel's FOIA data answer the question decisively.By Christian Henrik Nesheim
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St. Lucia Opposition Accuses Govt. of Selling "Secret" Infrastructure Option for $80,000
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Allen Chastanet: "A particular developer has begun selling this option and, even more concerning, is the sub-par selling price of US$80,000.”By Christian Henrik Nesheim
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This Week in IMI - Apr 10: Spain Eliminating Golden Visa Program, El Salvador to Offer 5,000 Free Passports, Details on Cyprus’s Fast-Track Citizenship, ++
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Our summary of the news this week.By Christian Henrik Nesheim
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