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Investment Migration This Week
Summaries prepared by James Nuveen
President Trump announced a "Gold Card" program requiring a $5 million fee to the US government and replacing the four decade-old EB-5 visa program. Targeting $5 trillion, the initiative aims to attract wealthy immigrants who would receive Green Card privileges and a pathway to citizenship. However, critics like Ishaan Khanna defend the existing EB-5 program's job creation record.
Nauru's new Citizenship by Investment Program has received initial applications and targets AU$60 million from 500 successful applicants in its first year. Representing 20% of government revenue, the program aims to attract impact investors. With 13 licensed agents already approved, Henley & Partners - The Firm of Global Citizens? reports the program ranks as their most visited citizenship option online.
Russia's golden visa program has attracted only 40 investors since January 2023, generating $30 million but reaching just 5% of its target. Applications declined from 24 in 2023 to 14 in 2024 and just two applications in early 2025. Nevertheless, average investments of $1.2 million exceed the minimum $160,000 threshold.
Former Saint Lucia Prime Minister Allen Chastanet has filed an injunction to halt parts of the country's Citizenship by Investment Program. The legal challenge targets real estate projects, a new infrastructure option, and enterprise projects allegedly approved without proper regulatory frameworks. If successful, the injunction could affect approximately 5,000 citizenship applications.
Investment migration people in the news this week included:
Graph of the Week
RCBI Expert | US EB-5 Visa | EU Golden Visa | Caribbean CBI | Immigration
5 天前Great advice