On 3 October, 2019, the government of Montenegro announced starting to receive the applications to join the citizenship-for-investment programme that will last for three years.
Since May 2019, considerably fewer people have been applying for Cypriot citizenship after changes in the country’s citizenship-by-investment programme; nationality obtainment measures have been toughened. Tranio looks into the situation and how it might change going into 2020.
Residence permit in Latvia. How to obtain Latvian citizenship Golden Visa in exchange for property investment or purchase.
The results of the Catalan referendum could not but affect the state of both the Catalonian and the Spanish real estate market as a whole. Experts and investors have made various forecasts. But, how have things turned out in the beginning of 2019?
A number of ways to obtain Spanish citizenship exist. Since 2013, Spain Golden Visa program is being offered, which allows its participants to gain citizenship in a simplified manner.
Henley & Partners has published its new passport index, ranking the world’s countries by the freedom of movement they are permitted. Tranio has analysed the top 50 countries to find out which of them grant investment-based nationality.
On 20 November 2018, the OECD published a list of the countries whose citizenship or residence-by-investment programmes it regards as high-risk. The OECD recommends that banks more thoroughly check the documentary evidence of the investors’ physical presence in certain countries.
Stays in Slovenia are governed by the Foreigners Act (Zakon o tujcih), in force from 5 June 1991. The procedure of nationality acquisition is described by the Citizenship of the Republic of Slovenia Act (Zakon o državljanstvu Republike Slovenije), in force from 5 June 1991.
Germany does not have a citizenship-by-investment programme like Cyprus, for example. Naturalisation is the only way to become a German national by law.
About one-third of ultra high net worth individuals (UHNWIs) hold dual nationality. Another one-third of them plan to obtain a second nationality in the future. The easiest way for them to get residency or nationality of another country is to participate in a golden visa programme, which grant individuals residence permits for investing in the issuing country.
The Golden Visa is a quick and easy way to obtain residency by investment. Tranio describes the most popular programmes, and on what terms a residence permit can be obtained in another country?
To obtain a Montenegrin passport, investors must buy local property for €250,000 in the north of the country or €450,000 in the south and put €100,000 into a special fund for national development.
‘Strike while the iron is hot‘ may well be the perfect phrase to describe Greek property at the moment; the combination of attractive residency opportunities, a finally recovering economy, a booming tourist industry and plenty of room for price growth is making Greece an irresistible 2018 target for foreign property investors.
A Greek passport grants holders its access to 174 countries around the world. They also get the opportunity to live, work, travel, study, buy property and run a business in any EU country.
To get a Greek residence permit, investors have to spend only €250,000 on property.