Nauru Launches CIP, Salvadoran CIP's Unusual Demand, Greece Adds GV Option, ++
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Investment Migration This Week
Summaries prepared by James Nuveen
El Salvador has launched a Citizenship by Investment Program that requires a $1 million donation, significantly higher than any Caribbean CIP and more aligned with Malta’s CIP. However, the program has already attracted some clients, notes Katie Ananina of Plan B passport , typically "big supporters" of the country's leadership. Catering to crypto investors, the program allows payment directly in Bitcoin, though it remains to be seen if El Salvador will reduce the investment threshold to align with global CBI market realities.
Five years after first joining IMI? , Ahmad Abbas takes the helm as editor of our flagship news publication, IMI Daily. Click for comments from our new Executive Chairman Christian Henrik Nesheim and Ahmad Abbas himself, a Jordanian national with a decade of experience in the investment migration industry.
The Greek government plans to expand its Golden Visa Program by introducing a new pathway for foreign investors to obtain residency by investing €250,000 in startups registered in the National Register of Startups. This new startup investment option will be added to the existing real estate investment options, contrary to recent media reports suggesting the elimination of the latter. The proposed changes are expected to be approved by the Greek Parliament and implemented by the end of 2025, notes Alexander Varnavas, FIMC of Golden Visa by Varnavas .
Nauru has launched the Nauru Economic and Climate Resilience Citizenship Program, which offers citizenship through direct financial contributions of US$140,500 all-in to the government's Treasury Fund. The program has stringent due diligence requirements and allows successful applicants to obtain a Nauruan passport with visa-free access to 89 destinations. Observed widely throughout the industry as direct competition of Vanuatu’s CIP, Nauru has partnered with Dr. Juerg Steffen and Henley & Partners - The Firm of Global Citizens? to design and manage the program.
Despite the challenges to the EB-5 program during Trump's first term, a second Trump presidency offers potential opportunities for both investors and the investment immigration industry. Trump's emphasis on merit-based immigration, deregulation, and pro-business policies could create a more favorable environment, write Mona Shah, Esq. and Rebecca S. Singh of Mona Shah & Associates Global , for foreign investors seeking residency in the United States. Additionally, Trump's support for emerging technologies like cryptocurrency could further attract international investment in the US.
Canada has reduced its overall immigration targets for 2025-2027 and reformed its Start-Up Visa program, but this will not deter committed entrepreneurs and business owners, opines Melissa Godmer of Godmer Immigration Consultant . The changes present new opportunities for dedicated foreign nationals who can demonstrate how they will generate substantial benefits for the Canadian economy through business and job creation. The shift towards prioritizing economic immigration shows Canada's commitment to innovation by attracting talented entrepreneurs.
In this week’s installment of “10 on the Weekend, IMI Pro Christina Tabacco of Golden Gate Global shares her take on the state of the RCBI industry from her perch in the United States. Because of “conflict zones, climate threats, market volatility, and wild elections, we’re constantly thinking about who is migrating and why.” Learn more about Christina at the link above.
Investment migration people in the news this week included:
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1 周All changes in governments and taxes encourage the disaffected to seek changes for themselves. Some wisely, some with haste.,