Img +86 15911116259
Img
backlog , cbi , cip , citizenship-by-investment , club , coronavirus , cyprus , europe , policy-updates

Cyprus CIP to Scrap Applicant-Cap, Process 700 Extra Cases to Raise COVID-Recovery Funds

April 16, 2020

Christian NesheimEditor   Having operated under a self-imposed annual cap of 700 applications, the Cyprus Citizenship by Investment Program will likely begin processing applications slated for 2021 already by the end of this month. In Cyprus reports that, due to the additional EUR 3.6-5 billion the Ministry of Finance...

Img
Img
backlog , club , europe , golden-visa , greece , greek , residence-by-investment , waitlist

Inefficient Bureaucrats Costing Greece Billions in Lost Golden Visa Revenue Say Practitioners

January 26, 2020

Christian NesheimEditor   Greek residence by investment practitioners say program revenue could be more than double its current level if only the country’s Decentralized Authorities weren’t so inefficient. Golden visa lawyers speaking to Ekathimerini say employees at the Decentralized Authorities’ immigration offices, with whom they interact on a daily...

Img
Img
backlog , cbi , cip , citizenship-by-investment , club , cyprus , europe , retrogression , waitlist

Cyprus Citizenship by Investment Program “Sold Out” Until 2021

December 5, 2019

Christian NesheimEditor   If you thought backlogs were only a North American residence program phenomenon, think again; Retrogression has arrived in Europe. Last year, Cyprus introduced an annual cap for the number of applications that could be approved – 700 of them – for its citizenship by investment program,...

Img
Img
backlog , club , eb-5 , opinion , qiip , tajicks-take , waitlist

Backlogs: An Existential Threat, Not Just to Programs But to Agents as Well

December 4, 2019

Stephane TajickMontreal   During the summer, the government of Quebec hosted a consultation round with the industry. I and many others came forward, in part, to notify the government that its decision to admit fewer investors would lead to a longer processing time; jumping from six to eight years....

Img
Img
backlog , canada , club , north-america , qiip , quebec , residence-by-investment

Québec IIP’s 20,000-Application Backlog Precipitated Suspension

November 6, 2019

Christian NesheimEditor   Some 18,800 main applicants have fulfilled the obligations of the program but are still waiting for their permanent residence permits. This, according to La Presse, was a driving factor in the program’s suspension last week. Having made the requisite investment and received their Québec Selection Certificate...

Img
Img
backlog , eb-5 , industry-trends , opinion , processing-times , stephane-tajick , tajicks-take , trends , united-states , waitlist

Long Processing Times Among Golden Visas is an Unnecessary Curb on RCBI-Demand

July 24, 2019

Stephane TajickMontreal   A decade ago, the Canadian Immigrant Investor programs (CIIP) and the Hong Kong Capital Investment Scheme (HK CIS) dominated the market for residency programs. They were the biggest suppliers of investor visa spots and were considered the most interesting, each for different reasons. Other programs in...

Img
Img
backlog , decentralization , editors-picks , europe , golden-visa , greece , greek , policy-update , policy-updates , residence-by-investment , waiting-list

Greece Decentralizes Golden Visa Processing to Tackle Two-Year Waitlists in Greater Athens

June 30, 2019

Christian NesheimEditor   Rules requiring golden visa investors submit files in the municipality where they’d bought the property had seen Athens appointments fully booked until 2021. Since the siren song of Greek golden visas in earnest began to reach Chinese investor migrants three years ago, the program has seen...

Img
Img
backlog , data , europe , golden-visa , intel-data , ireland , ireland-immigrant-investor-programme , irish , processing-times , residence-by-investment , statistics

Ireland: 52% of 2018’s Investor Visa Applications Still Await Decisions, But Backlog Reduced by 32% Since May

June 26, 2019

Christian NesheimEditor   Of the 452 applications lodged in 2018 and 2019 to date, 270 remain unprocessed. After accumulating a hefty backlog over the last two years, however, the Department of Justice have sped up case-handling considerably in the last two months, adjudicating 128 files since May 1st. See...

Img
Img
backlog , data , europe , influencers , intel-data , interview , interviews , malta , mizzi , mrva , mrvp , processing , residence-by-investment , statistics

Malta’s Golden Visa Has Received 1,600 Applications, But Backlog is Growing Due to Agents’ Sloppy Filing

June 11, 2019

Christian NesheimEditor   The MRVA’s new chief executive says Malta’s golden visa has received more than 1,600 applications so far but that some 1,000 remain unprocessed due to missing documentation. To tackle the backlog, the MRVA will no longer accept incomplete applications. “The program has been very successful, the...

Img