Amid raised concerns over its use as an open door to money laundering, corruption and other unlawful affairs, Bulgaria has finally abolished its much-criticized Golden Visa Program. Last month, Bulgaria’s Prime Minister, Kiril Petkov, announced that the country’s controversial Citizenship by Investment scheme would soon be terminated,. The Golden Visa Read more…
Russia’s invasion of Ukraine has led European countries to mobilize in order to help Ukrainian citizens fleeing the war. For a period of nearly a month, over 3.5 million Ukrainians have fled the war, heading to other European countries, according to the figures provided by the United Nations. Besides opening Read more…
The Portuguese authorities have started working on amendments to the criteria under which descendants of Jews who were expelled from the Iberian Peninsula 500 years ago can gain citizenship. The move was taken after the majority of European Union countries, as well as the United Kingdom, have cracked on Russian Read more…
The number of persons who have obtained EU citizenship has increased by three per cent, from 706,400 in 2019 to 706,400 in 2020. According to statistics published today by the statistical office of the European Union (Eurostat), this increase occurred due to the higher number of foreigners obtaining Spanish citizenship, Read more…
If you are an entrepreneur with an innovative business idea, you may be eligible to immigrate to Canada through the start-up visa program. Canada is looking for talented entrepreneurs that are interested in starting businesses that will stimulate the Canadian economy while creating employment opportunities for its residents. What is Read more…
The European Parliament’s members have called on the EU Commission to table a proposal on the termination of the so-called Golden Passports, and the regulation of the Golden Visa schemes before the end of its mandate, in order to avoid the abuse of these schemes by criminals. In a meeting Read more…
Malta’s citizenship program has been ranked in the first place in the Global Citizenship Program Index for the seventh consecutive year, according to the recent report published by Henley and Partners. At the same time, the report reveals that Portugal’s Golden Residence Permit Program leads the Global Residence Program index Read more…
Russia’s wealthy citizens will no longer benefit from the issuance of golden passports, which permit them to invest in a country in exchange for citizenship after governments across Europe have agreed to limit the granting of such passports for Russians due to the latter’s invasion of Ukraine. The golden passports Read more…
Citizens of Russia will no longer be eligible to apply for, hold, or renew investment-based residence permits in Greece after the Greek Ministry of Migration and Asylum has suspended the program for citizens of Russia “until a further notice.” “By order of the Minister of Migration and Asylum, Mr Notis Read more…
Portugal’s Foreigners and Borders Service is considering the suspension of Golden visas for Russian citizens due to the latter’s invasion of Ukraine. Therefore, Russian citizens who are interested in Portugal’s Golden Visa scheme must be aware that the process will not be moving forwards in the near future.In this regard, Read more…
