Malta’s New Citizenship Policy Explained
The main applicant must apply for Maltese residency through an agent to whom they provide a Power of Attorney to act on the applicant’s behalf. The agent is responsible for the submission of the application to the Community Malta Agency, which is responsible for all citizenship applications, including those submitted through naturalisation, marriage, descent, and […]
St Kitts and Nevis Allows Sibling Dependants
Effective immediately, siblings of either the main applicant or the main applicant’s spouse may be added to a citizenship application under the St Kitts and Nevis Citizenship by Investment Programme. To be eligible, the sibling must be: unmarried; childless; 30 years of age or under; and financially supported by the main applicant. Costs and Fees […]
Cypriot Government Suspends Cyprus Investment Programme
The Cyprus Investment Programme, established in 2002 and overhauled in 2019, is to be suspended on 1 November 2020. The announcement was made via Twitter by the Cypriot Interior and Finance Ministries on 13 October 2020, in a tweet published in Greek. The tweet confirmed that the Cypriot Council of Ministers had approved the proposal […]
CBI in Review: Q1 – Q3 of 2020 (The Caribbean)
The Antigua and Barbuda CBI Programme In March, Antigua and Barbuda kicked off a flurry of changes when it implemented a new real estate sub-option, allowing one main applicant and any number of family members to invest a minimum of US$200,000 in real estate – bringing the total number of real estate sub-options to three. […]
CBI in Review: Q1 – Q3 of 2020 (Europe and Oceania)
The Montenegro CBI Programme The first major industry development of 2020 came in February when Montenegro issued the first application approval under its newly operational CBI Programme. Having issued the approval within 95 days of application submission, Montenegro joined the likes of Dominica, Grenada, St Kitts and Nevis, and St Lucia for its efficient processing, […]
Dominica Tops the CBI Index for the Fourth Year
download report Overview The 2020 CBI Index assessed the CBI Programmes of the following countries: Antigua and Barbuda, Austria, Bulgaria, Cambodia, Cyprus, Dominica, Grenada, Jordan, Malta, Montenegro, St Kitts and Nevis, St Lucia, Turkey, and Vanuatu. This year the programmes were measured against nine pillars rather than seven – ‘Family’ and ‘Certainty of Product’ having […]
Commonwealth of Dominica Citizenship by Investment (Amendment) Regulations, 2020
Dependants The following dependants may now be added to an application: A spouse of the main applicant A child of the main applicant or of the spouse of the main applicant who is below the age of 18 years A child of the main applicant or of the spouse of the main applicant who is […]
St Kitts and Nevis Implements SGF Limited Time Offer and Amends Fees
SGF Limited Time Offer Under the Limited Time Offer, which is valid for a 6-month period, the following contribution amounts apply: Application Type Cost Single applicant US$150,000 Family of up to four persons US$150,000 Each additional dependant after the third dependant US$10,000 each What does this update mean for me? The changes significantly lower the […]
St Lucia Releases the Citizenship by Investment (Amendment) Act, 2020
Dependants Under the 2020 Act, the following changes were made with respect to the family members that can be included in an application for citizenship: The maximum age of a child (of the main applicant or of his or her spouse) who may qualify as a dependant without satisfying any other requirements was increased from […]
Malta Individual Investor Programme Nearing Cap
Established in 2014, Malta’s IIP is subject to an application cap. Regulation 12 of the Individual Investor Programme of the Republic of Malta Regulations provides that “the number of successful main applicants, excluding dependants, shall not exceed one thousand and eight hundred for the whole duration of the programme.” Now six years later, the IIP […]
