{"dataset":"residence-by-investment","resource":"events","page":1,"pages":1,"total":857,"page_size":5000,"next":null,"prev":null,"rows":[{"event_id":"e-8a2e4c2abb","date":"2027-09-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Scheduled end of the reformed Regional Center Program authorisation","description":"The 2022 Act authorises the reformed Regional Center Program from 14 May 2022 through 30 Sep 2027. DHS assumes Congress will extend it. Scheduled date, not an event that has happened.","source_id":"usa-fr-eb5-fee-rule-2026","location":"PDF p. 1 (91 FR 61940), section I.B","quote":"effective May 14, 2022, through September 30, 2027.","countries":"","short_title":"Scheduled end of the reformed Regional Center Program authorisation","plain_summary":"","year":"2027"},{"event_id":"e-e853f9bb0c","date":"2027-09-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"Regional Center Program authorised until 30 September 2027","description":"The 2022 Act authorised immigrant visas for regional center investors through 30 September 2027.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 40 (91 FR 40715)","quote":"authorized the issuance of immigrant visas to investors participating in the program through September 30, 2027","countries":"","short_title":"Regional Center Program authorised until 30 September 2027","plain_summary":"","year":"2027"},{"event_id":"e-cb632af722","date":"2027-01-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"EB-5 minimum investment amounts due for first automatic inflation adjustment","description":"Under the 2022 Act the USD 1,050,000 and USD 800,000 minimums adjust automatically on 1 January 2027 and every 5 years after, by CPI-U change since 1 January 2022, rounded down to the nearest USD 50,000; the reduced amount stays at 75 percent of the standard. Scheduled, not yet happened at publication.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 28 (91 FR 40703)","quote":"This amount will adjust automatically on January 1, 2027, and every 5 years thereafter","countries":"","short_title":"EB-5 minimum investment amounts due for first automatic inflation adjustment","plain_summary":"","year":"2027"},{"event_id":"e-7178aac2ef","date":"2026-10-02","date_precision":"day","jurisdiction":"USA","program_id":"usa-gold-card","category":"context","title":"'Trump Platinum Card' advertised as 'Coming Soon' (announced, not established)","description":"trumpcard.gov invites foreign nationals to join a waitlist for a USD 5 million 'Trump Platinum Card' allowing up to 270 days a year in the US without US tax on non-US income. No executive order, regulation or law creating it was found; the tax treatment would need a legal basis. Date is when the page was seen, not when the announcement was first made.","source_id":"usa-doc-trumpcard-web-2026","location":"section 'Trump Platinum Card'","quote":"The Trump Platinum Card has not yet been released.","countries":"","short_title":"'Trump Platinum Card' advertised but not yet created","plain_summary":"A US government website invites foreign nationals to join a waitlist for a USD 5 million 'Trump Platinum Card' offering up to 270 tax-free days a year in the US; no law creating it exists.","year":"2026"},{"event_id":"e-de9f8dcc9b","date":"2026-09-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"Cut-off date for protection of regional-center petitions if the program lapses","description":"Under INA 203(b)(5)(S), added by sec. 108 of the 2022 Act, regional-center petitions filed on or before 30 Sep 2026 must continue to be processed and cannot be denied because the program expires (authorisation ends 30 Sep 2027).","source_id":"usa-law-pl117-103-2022","location":"Div. BB sec. 108, 136 Stat. 1109-1110 (PDF pp. 1061-1062)","quote":"regional center that were filed on or before September 30, 2026","countries":"","short_title":"US protects pre-cutoff investor-visa petitions if programme lapses","plain_summary":"Under the 2022 law, US investor-visa regional-centre petitions filed on or before 30 September 2026 must still be processed and cannot be denied if the programme's authorisation, which runs until 30 September 2027, expires.","year":"2026"},{"event_id":"e-91026472ab","date":"2026-09-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"Final EB-5 fee rule: new fees from 30 Nov 2026","description":"I-526 USD 7,615, I-526E USD 7,850, I-829 USD 5,000, I-956 USD 44,115; Integrity Fund fees up 10% (USD 22,000 / 11,000 per regional center, USD 1,100 per I-526E). Effective 30 Nov 2026.","source_id":"usa-fr-eb5-fee-rule-2026","location":"PDF p. 1 (91 FR 61940), DATES","quote":"This final rule is effective November 30, 2026.","countries":"","short_title":"US finalises higher fees for investor visa programme","plain_summary":"A final US rule raises investor-visa fees from 30 November 2026, including USD 7,615 and USD 7,850 for initial petitions, USD 5,000 to remove conditions, and USD 44,115 for regional-centre applications, plus higher integrity-fund fees.","year":"2026"},{"event_id":"e-dedcf929be","date":"2026-09-22","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"context","title":"AIMA reports record 2,685 golden visas in 2025","description":"AIMA's 2025 migration report shows 2,685 ARI permits and 3,967 family permits in 2025, led by US, Chinese and British nationals; it no longer reports investment amounts.","source_id":"prt-aima-rma-2025","location":"PDF p. 21","quote":"foram concedidas 2.685 autorizações durante o ano de 2025","countries":"","short_title":"Portugal issued a record 2,685 golden visas in 2025","plain_summary":"Portugal's immigration agency reported 2,685 golden-visa residence permits and 3,967 family permits granted in 2025, mostly to American, Chinese and British nationals; it no longer reports investment amounts.","year":"2026"},{"event_id":"e-3021dbfbd8","date":"2026-09-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"price_change","title":"New Qualified Investor decree: B/.500,000 for resale property, B/.500,000 deposits at state banks (DE 17)","description":"Decreto Ejecutivo 17 of 8 Sept 2026 (Gaceta 30613, 16 Sept 2026) replaces DE 722 and its amendments: B/.300,000 for new first-sale property, B/.500,000 for resale property, B/.500,000 deposits at Banco Nacional or Caja de Ahorros (B/.750,000 elsewhere), wider securities options, valuation checks, a three-year cap on presale-only status, and naturalisation after five consecutive years. Applications filed, and investments contracted, before entry into force keep the old rules if filed within six months.","source_id":"pan-go-de17-2026","location":"p. 37, art. 20","quote":"No. 722 de 15 de octubre de 2020, modificado por los Decretos Ejecutivos No. 109 de 13 de octubre de 2022 y No. 193 de 15 de octubre de 2024.","countries":"","short_title":"Panama updates investor-residence property and deposit amounts","plain_summary":"A Panamanian decree from 16 September 2026 sets new investor-residence thresholds: B/.300,000 for new property, B/.500,000 for resale property, and B/.500,000 (or B/.750,000 elsewhere) for bank deposits, replacing 2020 rules.","year":"2026"},{"event_id":"e-a1c0701293","date":"2026-09-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"rule_change","title":"Qualified investors and dependants may naturalise after five consecutive years","description":"Article 14 of DE 17 of 2026 states that qualified-investor residents and their dependants may apply for Panamanian nationality by naturalisation after five consecutive years of residence, as the Constitution provides, filed through MICI's window.","source_id":"pan-go-de17-2026","location":"p. 35, art. 14","quote":"una vez hayan cumplido cinco (5) años consecutivos de residencia en la República de Panamá, conforme a lo dispuesto en la Constitución Política","countries":"","short_title":"Panama allows investors to naturalise after five years","plain_summary":"Panama's new investor-residence decree lets qualified investors and their dependants apply for Panamanian citizenship after five consecutive years of residence, as the constitution allows, filed through the trade ministry.","year":"2026"},{"event_id":"e-7e79178f7e","date":"2026-09-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-solvencia-economica","category":"rule_change","title":"Solvencia Económica holders given 12 months to switch to Qualified Investor (DE 17)","description":"Article 18 of Decreto Ejecutivo 17 of 8 Sept 2026 (Gaceta 30613, 16 Sept 2026) lets foreigners with pending applications or current status as permanent residents for 'Solvencia Económica Propia' apply, within 12 months of entry into force, to change to the Qualified Investor subcategory if they meet its minimum amounts and other requirements; investments made before 15 October 2020 are not eligible. Date is the gazette date (the decree takes effect on promulgation, art. 21). Text read by OCR.","source_id":"pan-go-de17-2026","location":"p. 37, art. 18 (OCR)","quote":"el cambio hacia la subcategoría de Residente Permanente en calidad de Inversionista Calificado, siempre que acrediten los montos mínimos y demás requisitos aplicables","countries":"","short_title":"Solvencia Económica holders given 12 months to switch to Qualified Investor (DE 17)","plain_summary":"","year":"2026"},{"event_id":"e-e50c7f34dc","date":"2026-09-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"rule_change","title":"DE 17 sets verification, maintenance and deadline rules for Qualified Investors","description":"Besides the new amounts (event e-3021dbfbd8), Decreto Ejecutivo 17 of 2026: MICI investment certificates valid 3 months (art. 3(4)); each co-owner must meet the minimum individually except joint holdings with a spouse or dependants in the same application (art. 3(6)); qualifying value is the lower of price paid and verified market value, net of liens (arts. 5-6), and MICI may require an independent appraisal issued within the previous 6 months, paid by the applicant (art. 6(8)); a presale buyer whose developer defaults has 180 working days to substitute the investment, a second presale contract is allowed only once, and presale-only status is capped at 3 years (art. 7(6)-(8)); securities that fall in value through market moves must be restored within 90 calendar days of MICI notice (art. 8); the investment must be kept 5 years with annual proof to MICI, a 30-day notice if it ends and 90 calendar days to reinvest (art. 12); MICI has 15 working days to certify and the SNM 30 working days to decide (art. 15); new spouses and children can be added after approval for B/.1,000 to the Treasury plus B/.1,000 to the SNM each (art. 17); applications and binding contracts made before entry into force may use the old rules if filed within 6 months (art. 19). Text read by OCR.","source_id":"pan-go-de17-2026","location":"pp. 25-37, arts. 3-19 (OCR)","quote":"La Certificación de Inversión tendrá una vigencia de tres (3) meses, contados a partir de su emisión","countries":"","short_title":"DE 17 sets verification, maintenance and deadline rules for Qualified Investors","plain_summary":"","year":"2026"},{"event_id":"e-6ccd3a5d1f","date":"2026-09-15","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"closure","title":"Property and bank routes end; business permits cut to two years; new fund route","description":"The new Immigration Law no longer provides residence permits for property buyers or for investors in bank subordinated liabilities. Business-investment permits continue for up to two years; a EUR 150,000 route via a state-created alternative investment fund manager is created but not yet usable because the fund does not exist. Existing holders can renew under transitional rules (points 10-11).","source_id":"lva-pmlp-news-new-immigration-law-2026","location":"Press release text","quote":"Vienlaikus likums vairs neparedz termiņuzturēšanās atļauju piešķiršanas iespēju nekustamā īpašuma pircējiem vai ieguldītājiem kredītiestāžu pakārtotajās saistībās.","countries":"","short_title":"Latvia ends property and bank investor residence routes","plain_summary":"Latvia's new Immigration Law drops residence permits for property buyers and bank-deposit investors, cuts business-investment permits to two years, and creates an untested €150,000 fund route; existing permit holders can still renew under transition rules.","year":"2026"},{"event_id":"e-64660cd312","date":"2026-09-09","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"Build to Rent to become an acceptable Growth category investment from December 2026","description":"INZ announces that eligible Build to Rent developments, through approved managed funds, will become an acceptable investment under the Growth category in December 2026.","source_id":"nzl-inz-aip-btr-2026","location":"para 2","quote":"Eligible Build to Rent developments will become an acceptable investment option under the Growth category of the Active Investor Plus (AIP) Visa in December 2026.","countries":"","short_title":"New Zealand to accept Build to Rent investments from December 2026","plain_summary":"On 9 September 2026 New Zealand's immigration service announced that eligible Build to Rent developments, through approved managed funds, become an acceptable Growth category investment in December 2026.","year":"2026"},{"event_id":"e-09f0f98e68","date":"2026-08-20","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Saeima adopts new Immigration Law","description":"The Saeima adopted a new Immigration Law on 20 Aug 2026 (published 1 Sep 2026, in force 15 Sep 2026), replacing the 2002 law.","source_id":"lva-likumi-immigration-law-new-2026","location":"Final note","quote":"Likums Saeimā pieņemts 2026. gada 20. augustā.","countries":"","short_title":"Latvia adopts new immigration law","plain_summary":"Latvia's parliament adopted a new Immigration Law on 20 August 2026, replacing the country's 2002 immigration law; it was published 1 September and took effect 15 September 2026.","year":"2026"},{"event_id":"e-98d44ad3c8","date":"2026-08-13","date_precision":"day","jurisdiction":"MUS","program_id":"mus-investor-permit","category":"rule_change","title":"Golden visa holders investing USD 1 million can get permanent residence; investor permit back to USD 100,000","description":"In the EDB Act as amended by Act 13 of 2026 (commenced 13 Aug 2026 per the EDB consolidation), golden visa holders who invest USD 1 million within 12 months (not in EDB residential property) qualify for permanent residence; the investor occupation permit requires USD 100,000; the Family Occupation Permit criteria no longer appear.","source_id":"mus-edb-act-consol-2026","location":"First Schedule Parts I and IV","quote":"has invested an aggregate amount of not less than USD one million","countries":"","short_title":"Mauritius lets golden visa holders investing US$1 million get permanent residence","plain_summary":"From 13 August 2026 golden visa holders who invest US$1 million within 12 months, not in the board's residential property, qualify for permanent residence. The investor occupation permit now needs US$100,000.","year":"2026"},{"event_id":"e-3b37d89e2e","date":"2026-08-13","date_precision":"day","jurisdiction":"MUS","program_id":"mus-family-op","category":"closure","title":"Family Occupation Permit abolished (Act 13 of 2026)","description":"The Economic and Financial Measures (Miscellaneous Provisions) Act 2026 repeals Section F of the Immigration Act 2022 (the family occupation permit), repeals the EDB Act provision for registering for it (s. 13(1)(b)) and repeals Part II of the EDB Act's First Schedule, which set the USD 250,000 contribution. These provisions have no special commencement date, so they took effect on publication in the Gazette on 13 August 2026. The Act contains no saving provision for existing permits.","source_id":"mus-act-13-2026-efmmp","location":"s. 25(c)(i)(D), p. 368; s. 15(b) and (e)(ii), pp. 342-344; s. 61, pp. 426-427","quote":"(D) by repealing Section F;","countries":"","short_title":"Family Occupation Permit abolished (Act 13 of 2026)","plain_summary":"","year":"2026"},{"event_id":"e-c670551f5c","date":"2026-08-12","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"2025 duty basis and 10% resale tax for non-citizen scheme property repealed","description":"The Finance Act 2026 repeals the Registration Duty Act s. 3(1G) and paragraph K of Part I of its First Schedule (the duty basis for deeds transferring EDB Property Scheme or NCPRA s. 3(3)(c)(v) residential property to non-citizens from 1 July 2026, added by the Finance Act 2025), and repeals s. 4(9) of the Land (Duties and Taxes) Act (the 10% land transfer tax on such transfers by a non-citizen). Neither repeal is given a separate date in s. 28, so both take effect with the Act; the date of assent is used.","source_id":"mus-fa-2026","location":"s. 9(a)(i), PDF p. 68 (Acts p. 510); s. 16(b) and (e)(i), PDF pp. 94-95 (Acts pp. 536-537); s. 28","quote":"in section 3, by repealing subsection (1G);","countries":"","short_title":"2025 duty basis and 10% resale tax for non-citizen scheme property repealed","plain_summary":"","year":"2026"},{"event_id":"e-b4b1192dab","date":"2026-08-12","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"10% additional duty on State-land residential property sold to non-citizens","description":"The Finance Act 2026 adds s. 4(11) to the Land (Duties and Taxes) Act: an additional duty of 10%, paid by the seller, on deeds transferring residential property on State land or Pas Geometriques to a non-citizen under s. 3(3)(c)(v) of the Non-Citizens (Property Restriction) Act. It does not apply where a notarised presale agreement was signed before 19 June 2026. Not given a separate date in s. 28; the date of assent is used.","source_id":"mus-fa-2026","location":"s. 9(a)(ii) and (d), PDF pp. 68-70 (Acts pp. 510-512)","quote":"an additional duty shall be levied on any deed witnessing the transfer of a residential property located on State land or on Pas Géométriques to a non-citizen under section 3(3)(c)(v) of the Non-Citizens (Property Restriction) Act","countries":"","short_title":"10% additional duty on State-land residential property sold to non-citizens","plain_summary":"","year":"2026"},{"event_id":"e-80193018cd","date":"2026-08-12","date_precision":"day","jurisdiction":"MUS","program_id":"","category":"context","title":"'Golden visa' added to the Income Tax Act's premium-visa provisions","description":"The Finance Act 2026 defines a 'golden visa' as a visa issued under the Passports Act to a non-citizen on the recommendation of the Economic Development Board, and extends Income Tax Act ss. 73B and 74A(2)(a) (premium visa holders) to golden visa holders. The Act does not say what a golden visa requires; no programme is linked until a document sets out its conditions.","source_id":"mus-fa-2026","location":"s. 7(a)(iii), (k) and (m), PDF pp. 55-59 (Acts pp. 497-501)","quote":"“golden visa” means a visa issued by the passport officer under the Passports Act to a non-citizen on the recommendation of the Economic Development Board;","countries":"","short_title":"'Golden visa' added to the Income Tax Act's premium-visa provisions","plain_summary":"","year":"2026"},{"event_id":"e-277bec75da","date":"2026-08-06","date_precision":"day","jurisdiction":"KAZ","program_id":"kaz-aifc-itrp","category":"rule_change","title":"AIFC replaces the investment residency regulations: digital-asset option at USD 150,000, job condition on company capital","description":"AIFC Regulations No. 57 of 2026 (6 August 2026) replace No. 42; Rules No. 5 commence 6 August 2026. The USD 60,000 minimum must be maintained at all times; digital assets on AFSA-licensed platforms added at USD 150,000; the share-capital option requires three full-time jobs for Kazakh citizens; total fee at least USD 8,990.","source_id":"kaz-aifc-itrp-regs-2026","location":"Cover; s. 3; s. 13","quote":"upon such commencement, AIFC Regulations on AIFC Investment Tax Residency Programme No. 42 shall cease to have effect.","countries":"","short_title":"AIFC replaces the investment residency regulations: digital-asset option at USD 150,000, job condition on company capital","plain_summary":"","year":"2026"},{"event_id":"e-83a8a4f77c","date":"2026-07-30","date_precision":"day","jurisdiction":"MUS","program_id":"mus-golden-visa","category":"launch","title":"EDB introduces Mauritius Golden Visa Scheme (USD 1 million)","description":"The Economic Development Board's August 2026 newsletter (posted 30 Jul 2026) announces the Golden Visa Scheme from the 2026/27 Budget: two-year renewable visa, USD 1 million investment within 12 months, then permanent residence. Guidelines followed in August 2026. No legal instrument found; date is that of the first official text found.","source_id":"mus-edb-newsletter-golden-visa-2026","location":"opening paragraph","quote":"Mauritius is enhancing its appeal to high-net-worth individuals, global investors and entrepreneurs with the introduction of the Golden Visa Scheme.","countries":"","short_title":"EDB introduces Mauritius Golden Visa Scheme (USD 1 million)","plain_summary":"","year":"2026"},{"event_id":"e-5f8a852d2b","date":"2026-07-14","date_precision":"day","jurisdiction":"CRI","program_id":"cri-inversionista","category":"rule_change","title":"Costa Rica Ley 9996 five-year benefit window ends","description":"Article 12 of Ley 9996 allows investors, rentiers and pensioners to claim the law's tax and import benefits only during its first five years (from 14 July 2021); those who opted in keep them for ten years. Date computed from publication.","source_id":"cri-gaceta-ley9996-2021","location":"p. 3, art. 12","quote":"podrán hacerlo únicamente durante los primeros cinco años a partir de su entrada en vigencia","countries":"","short_title":"Costa Rica's five-year window for investor benefits ends","plain_summary":"Under the 2021 law, investors, people living on income and pensioners could claim tax and import benefits only in its first five years from 14 July 2021. Those who opted in keep them ten years.","year":"2026"},{"event_id":"e-9522612ac0","date":"2026-07-14","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-grp","category":"rule_change","title":"Individual Tax Programme Rules published, to apply from 2027","description":"L.N. 195 of 2026 creates a single Individual Tax Programme from 1 Jan 2027 (EUR 700,000 property, EUR 14,000 rent, EUR 35,000 minimum tax for global residents, five-year renewable status); statuses granted or applied for by 31 Dec 2026 continue until 31 Dec 2031.","source_id":"mlt-ln-2026-195","location":"rule 3(3) (PDF p. 7)","quote":"any granting of special tax status made before or up to 31st December 2026, including for the avoidance of doubt, any applications for the granting of such status received up to the same date, shall continue to apply until 31st December 2031","countries":"","short_title":"Malta publishes rules for a single tax programme starting 2027","plain_summary":"From 1 January 2027 one programme requires €700,000 property or €14,000 rent and a €35,000 minimum tax for global residents, with five-year renewable status. Existing statuses continue until 31 December 2031.","year":"2026"},{"event_id":"e-da9ff4cf10","date":"2026-07-02","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS proposes EB-5 integrity regulations (proposed)","description":"Proposed rule implementing the 2022 Act's integrity provisions (regional center and project applications, audits, sanctions, automatic revocation of petitions, priority-date retention, bridge financing); comments closed 31 Aug 2026. Not final as of 2 Oct 2026.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 1 (91 FR 40676), SUMMARY","quote":"This proposed rule would implement the EB–5 Reform and Integrity Act of 2022 (RIA)","countries":"","short_title":"US proposes integrity rules for investor visa programme","plain_summary":"Homeland Security proposed rules on 2 July 2026 to enforce 2022 integrity requirements for the US investor visa programme, covering audits, sanctions and automatic revocation of petitions; comments closed 31 August 2026.","year":"2026"},{"event_id":"e-14f8945dc1","date":"2026-07-02","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"DHS proposes USD 1.4 million minimum investment in high-employment areas (proposed)","description":"Proposed, not final: the proposed rule would codify the USD 1,050,000 standard and USD 800,000 TEA/infrastructure minimums and set USD 1,400,000 (133 percent of the standard amount, rounded up to the nearest USD 50,000) for investments in high-employment areas, adjusted every 5 years from 1 Jan 2027; the statute would allow up to three times the standard (USD 3,150,000).","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 28 (91 FR 40703)","quote":"DHS is proposing to set the investment amount for an area of high employment at $1,400,000.","countries":"","short_title":"DHS proposes USD 1.4 million minimum investment in high-employment areas (proposed)","plain_summary":"","year":"2026"},{"event_id":"e-03ee71a386","date":"2026-06-21","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"rule_change","title":"Owner visa and residence extended to all property owners and corporate owners' representatives","description":"ROP Decision 87/2026 grants an owner visa and owner residence without sponsor to foreigners owning a registered (or not yet registered) property unit, and to legal representatives of corporate owners. No minimum value appears in the text.","source_id":"omn-rop-dec-87-2026","location":"Art. 4","quote":"إقامة مالك: تمنحها السلطة المختصة دون كفيل للأجنبي الذي يمتلك وحدة عقارية مسجلة أو وحدة عقارية لم يستكمل إجراءات تسجيلها","countries":"","short_title":"Oman extends owner visa and residence to all property owners","plain_summary":"A decision of 21 June 2026 grants an owner visa and residence, without a sponsor, to foreigners owning a property unit and to representatives of company owners. No minimum value appears in the text.","year":"2026"},{"event_id":"e-0053446568","date":"2026-06-19","date_precision":"day","jurisdiction":"BGR","program_id":"bgr-investor-residence","category":"context","title":"FATF: Bulgaria has substantially completed its action plan; on-site visit warranted","description":"At its June 2026 plenary the FATF made the initial determination that Bulgaria has substantially completed its action plan and warrants an on-site assessment; Bulgaria stays on the grey list until then.","source_id":"intl-fatf-increased-monitoring-2026-06","location":"Bulgaria section","quote":"At its June 2026 Plenary, the FATF made the initial determination that Bulgaria has substantially completed its action plan and warrants an on-site assessment","countries":"","short_title":"FATF: Bulgaria has substantially completed its action plan; on-site visit warranted","plain_summary":"","year":"2026"},{"event_id":"e-c1f3532611","date":"2026-06-19","date_precision":"day","jurisdiction":"MCO","program_id":"mco-residence","category":"context","title":"FATF: Monaco has substantially completed its action plan; on-site visit warranted","description":"At its June 2026 plenary the FATF made the initial determination that Monaco has substantially completed its action plan and warrants an on-site assessment; Monaco stays on the grey list until then.","source_id":"intl-fatf-increased-monitoring-2026-06","location":"Monaco section","quote":"At its June 2026 Plenary, the FATF made the initial determination that Monaco has substantially completed its action plan and warrants an on-site assessment","countries":"","short_title":"FATF: Monaco has substantially completed its action plan; on-site visit warranted","plain_summary":"","year":"2026"},{"event_id":"e-31e61a7a38","date":"2026-05-20","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"closure","title":"State-securities route deleted","description":"Point 31 (interest-free state securities) deleted from art. 23(1) by the law of 23.04.2026, in force 20.05.2026.","source_id":"lva-likumi-immigration-law-2026-05","location":"Art. 23(1) p. 31","quote":"31) (izslēgts ar 23.04.2026. likumu);","countries":"","short_title":"Latvia ends its state-securities residence route","plain_summary":"A Latvian law, in force from 20 May 2026, removed the option of gaining a residence permit by buying interest-free state securities.","year":"2026"},{"event_id":"e-cb60e3188e","date":"2026-05-19","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Naturalisation now needs 10 years of residence for most golden-visa holders","description":"Organic Law 1/2026 requires 7 years of legal residence for CPLP and EU nationals and 10 years for others, revokes counting from the permit application date (art. 15(4)), and keeps the old law for procedures pending on entry into force (19 May 2026).","source_id":"prt-lo-1-2026","location":"PDF p. 2","quote":"ou 10 anos, no caso de nacionais de outros países","countries":"","short_title":"Portugal requires 10 years' residence for most naturalisations","plain_summary":"A new Portuguese law requires seven years of legal residence for citizens of Portuguese-speaking and EU countries, and ten years for others, before they can naturalise; pending cases keep the old rules.","year":"2026"},{"event_id":"e-02f4bfd66c","date":"2026-05-13","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"Cabinet committee agrees philanthropy (up to 20%) in the AIP Growth category","description":"Cabinet Economic Policy Committee minute ECO-26-MIN-0077 (13 May 2026) on the Minister's paper: Growth category applicants may make philanthropic gifts capped at 20 per cent of the total sum invested, to New Zealand-registered Tier 1-3 charities with five years of compliant returns, for domestic causes, with disclosure of affiliations; go-live planned for June 2026. A second, redacted investment class was also proposed.","source_id":"nzl-mbie-cab-aip-2026","location":"Coversheet; paras 1, 32 and recommendation 3.2","quote":"enable AIP Growth category applicants to make philanthropic gifts as part of their acceptable investment in New Zealand, capped at 20 per cent of the total sum invested","countries":"","short_title":"Cabinet committee agrees philanthropy (up to 20%) in the AIP Growth category","plain_summary":"","year":"2026"},{"event_id":"e-809a44287d","date":"2026-05-01","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"rule_change","title":"Independent-means permanent residence becomes a 10-year certificate","description":"The Immigration (Transition) (Amendment and Validation) Act 2025 (in force 1 May 2026) makes the certificate valid for ten years, renewable indefinitely, after which the holder may apply for naturalisation; the qualifying investment must be held at the time of application; holders of direct investment and business presence certificates must file annual declarations. Applications made before 1 May 2026 follow the old law.","source_id":"cym-imm-trans-amend-act-2025","location":"p. 27, s. 17(a)","quote":"for a Certificate of Permanent Residence for Persons of Independent Means, which if granted will be for a period of ten years","countries":"","short_title":"Cayman independent-means permanent residence becomes a 10-year certificate","plain_summary":"From 1 May 2026 the certificate lasts ten years and is renewable indefinitely, after which the holder may apply for naturalisation. The qualifying investment must be held when applying. Earlier applications follow the old law.","year":"2026"},{"event_id":"e-eadffbc620","date":"2026-04-17","date_precision":"day","jurisdiction":"PRY","program_id":"pry-investor-residence","category":"rule_change","title":"Paraguay launches the 'Investor Pass' (new real-estate, financial and tourism options)","description":"The Ministry of Industry and Commerce and the migration directorate present the Paraguay Investor Pass in São Paulo: direct permanent residence for USD 150,000 tourism or USD 200,000 stock-market or real-estate investments, beside the productive-investment route. Set out in Resolución MIC 0283/2026.","source_id":"pry-mic-investor-pass-launch-2026-04","location":"paras 1-2","quote":"Entre las opciones habilitadas para este pasaporte se encuentran inversiones de USD 150.000 en proyectos turísticos, o de USD 200.000 en la bolsa de valores o en el sector inmobiliario de Paraguay.","countries":"","short_title":"Paraguay launches the 'Investor Pass' (new real-estate, financial and tourism options)","plain_summary":"","year":"2026"},{"event_id":"e-0bac661f02","date":"2026-03-27","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"legal","title":"Government sets 1 May 2026 for the immigration law changes","description":"The Ministry and WORC confirmed that the immigration law changes (the 2025 amending Act, including the ten-year independent-means permanent certificate) take effect on Friday 1 May 2026, and that the revised fee regulations would start at the same time.","source_id":"cym-govky-readiness-2026","location":"para 1","quote":"the immigration law changes will take effect on Friday, 1 May 2026","countries":"","short_title":"Government sets 1 May 2026 for the immigration law changes","plain_summary":"","year":"2026"},{"event_id":"e-17ca5c1d0c","date":"2026-03-18","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"legal","title":"Eight project owners in legal proceedings over refused proposals","description":"Three years after closure, 1,192 investor applications were still pending and 8 project owners had gone to court over unsuccessful proposals. Date is that of the Dail answer.","source_id":"irl-oir-wa-2026-03-18","location":"Written answer 18 Mar 2026, Q1285","quote":"8 project owners have taken legal proceedings in relation to proposals that were unsuccessful","countries":"","short_title":"Irish project owners sue over rejected investor proposals","plain_summary":"Three years after Ireland closed its investor residence scheme, 1,192 applications were still pending and eight project owners had taken legal action over unsuccessful proposals, according to an 18 March 2026 parliamentary answer.","year":"2026"},{"event_id":"e-a5e2fada34","date":"2026-03-01","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"rule_change","title":"Private holding company rule relaxed","description":"Applicants may use an eligible private holding company set up less than six months earlier, with no minimum incorporation period.","source_id":"hkg-investhk-pr-new-cies-two-year-2026","location":"para after investment table","quote":"the New CIES has updated the conditions of a private holding company starting from March 1, 2026, allowing an applicant to use an eligible private holding company which has been set up in less than six months","countries":"","short_title":"Hong Kong relaxes private holding company rule","plain_summary":"From 1 March 2026 applicants may use an eligible private holding company set up less than six months earlier, with no minimum incorporation period.","year":"2026"},{"event_id":"e-927a106a58","date":"2026-03-01","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"rule_change","title":"Holding-company conditions published (family-office vehicle)","description":"InvestHK's page on the 1 March 2026 measure: an applicant may hold the investment in a wholly owned Hong Kong private company used only for permissible assets, in the form of a Family-owned Investment Holding Vehicle (at least two full-time staff and HK$2m yearly spending in Hong Kong) managed by the family's eligible single family office with at least HK$240m in assets; holdings may be transferred to it during the stay to use the family-office tax concessions. Same measure as the event sourced from hkg-investhk-pr-new-cies-two-year-2026.","source_id":"hkg-investhk-new-cies-measure-2026","location":"page text","quote":"Below is the summary of the new measure on the New Capital Investment Entrant Scheme effective from 1 March 2026.","countries":"","short_title":"Holding-company conditions published (family-office vehicle)","plain_summary":"","year":"2026"},{"event_id":"e-5ec25a78f3","date":"2026-02-24","date_precision":"day","jurisdiction":"ETH","program_id":"eth-golden-visa","category":"legal","title":"Ethiopia's Immigration and Citizenship Service Fee Regulation No. 587/2026 takes effect (Golden Visa, longer investment visas)","description":"Reported: the regulation extends the investment entry visa to three and five years and introduces a 10-year Golden Visa; the property-linked visa and residential ID rest on the same regulation (Addis Fortune). Not confirmed from the regulation itself.","source_id":"eth-bantugazette-visa-framework-2026","location":"para. 2","quote":"The Immigration and Citizenship Service Fee Regulation No. 587/2026, which took effect on Feb. 24, 2026, extends the Investment Entry Visa from a one-year term to three- and five-year options and introduces a Golden Visa","countries":"","short_title":"Ethiopia's Immigration and Citizenship Service Fee Regulation No. 587/2026 takes effect (Golden Visa, longer investment visas)","plain_summary":"","year":"2026"},{"event_id":"e-a917a6edc3","date":"2026-02-19","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"price_change","title":"Draft fees would double the independent-means permanent residence fee to CI$200,000","description":"Consultation draft of the Immigration (Transition) (Fees) Regulations 2026 proposed CI$200,000 for the permanent certificate (from CI$100,000), CI$50,000 for the 25-year residency certificate and for the Certificate of Direct Investment (from CI$20,000), and CI$3,000 dependant fees. Adoption not confirmed.","source_id":"cym-mcei-fees-regs-draft-2026","location":"p. 11, item 8.8","quote":"Issue fee for Certificate of Permanent Residence for Persons of Independent Means 200,000","countries":"","short_title":"Draft Cayman rules would double independent-means residence fee to CI$200,000","plain_summary":"A February 2026 consultation draft proposed CI$200,000 for the permanent certificate (from CI$100,000) and CI$50,000 for the 25-year and direct investment certificates (from CI$20,000). Dependant fees: CI$3,000. Adoption was not confirmed.","year":"2026"},{"event_id":"e-8794813262","date":"2026-02-19","date_precision":"day","jurisdiction":"CYM","program_id":"cym-sbp","category":"price_change","title":"Draft fees would raise the business presence certificate fee to CI$12,500 and add annual declaration filing fees","description":"The consultation draft of the Immigration (Transition) (Fees) Regulations 2026 proposes CI$12,500 to issue a Residency Certificate (Substantial Business Presence) (from CI$5,000), CI$3,000 per dependant on issue and CI$3,000 per dependant per year for all investor certificates (from CI$1,000), CI$500 filing fees for the new annual declarations (25-year independent-means certificate, Certificate of Direct Investment, business presence certificate), and CI$100 for duplicate certificates (from CI$50). Application fees stay at CI$500 (independent means) and CI$1,000 (direct investment, business presence). Proposals only; adoption not confirmed. See also event e-a917a6edc3.","source_id":"cym-mcei-fees-regs-draft-2026","location":"p. 13, item 11.2; pp. 11-14, items 8-11 and 14","quote":"Issue fee for Residency Certificate (Substantial 12,500 Business Presence)","countries":"","short_title":"Draft fees would raise the business presence certificate fee to CI$12,500 and add annual declaration filing fees","plain_summary":"","year":"2026"},{"event_id":"e-5904324bab","date":"2026-02-19","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"legal","title":"Cayman drops 1 March 2026 as the start date of the new immigration law","description":"Opening a two-week consultation (19 Feb-5 Mar 2026) on new immigration fees, the Ministry said 1 March 2026 was no longer the commencement date for the new legislation (the 2025 amending Act that changes the independent-means permanent certificate), with a new date to follow.","source_id":"cym-govky-fees-consult-2026","location":"para 7","quote":"1 March 2026 is no longer the commencement date for the new legislation","countries":"","short_title":"Cayman drops 1 March 2026 as the start date of the new immigration law","plain_summary":"","year":"2026"},{"event_id":"e-df41ecaf74","date":"2026-02-17","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"rule_change","title":"Last day for Tier 1 (Investor) extension applications","description":"Under CP 632, extension (and re-entry) applications had to be made before 17 Feb 2026; settlement applications must be made before 17 Feb 2028.","source_id":"gbr-ho-cp632-2022","location":"PDF p. 7, rule changes 6A.5 and 6A.9","quote":"“(h) The application must be made before 17th February 2026.”.","countries":"","short_title":"UK closes door on investor-visa extension applications","plain_summary":"Under new rules, extension and re-entry applications for the UK's Tier 1 Investor visa had to be made before 17 February 2026; settlement applications remain open until 17 February 2028.","year":"2026"},{"event_id":"e-47a518fc54","date":"2026-01-26","date_precision":"day","jurisdiction":"SAU","program_id":"sau-premium-residency","category":"context","title":"Report: Saudi Arabia weighs premium residency tier for people worth USD 30 million","description":"Bloomberg, relayed by EnterpriseAM, reports plans for categories for high-net-worth individuals (about USD 30 million), superyacht owners and others, possibly announced in April 2026. No decision found in our sources.","source_id":"sau-enterprise-30mn-tier-2026","location":"para 1","quote":"aimed this time at individuals with a net worth of at least USD 30 mn","countries":"","short_title":"Report: Saudi Arabia considers a residency tier for people worth US$30 million","plain_summary":"Bloomberg, relayed by another outlet, reports plans for categories including people with about US$30 million, and superyacht owners, possibly announced in April 2026. No decision was found in the sources.","year":"2026"},{"event_id":"e-9749507117","date":"2026-01-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"price_change","title":"Federal minimum lump-sum tax base indexed to CHF 435,000","description":"The EFD ordinance of 10 Sep 2025 on cold progression raised the minimum base for direct federal tax under art. 14(3)(a) DBG to CHF 435,000, in force 1 Jan 2026 (AS 2025 579).","source_id":"che-fedlex-dbg-2026","location":"art. 14(3)(a) and footnote 19 (PDF p. 7)","quote":"Fassung gemäss Art. 3 der V des EFD vom 10. Sept. 2025 über die kalte Progression, in Kraft seit 1. Jan. 2026 (AS 2025 579).","countries":"","short_title":"Federal minimum lump-sum tax base indexed to CHF 435,000","plain_summary":"","year":"2026"},{"event_id":"e-a472cb00bd","date":"2026-01-01","date_precision":"day","jurisdiction":"EST","program_id":"est-business-residence","category":"rule_change","title":"EUR 65,000 requirement waived for young companies backed by state or licensed private investors","description":"From 1 January 2026 (RT I, 17.04.2025, 2) the EUR 65,000 holding is not required if the company has been registered for less than 12 months and starts operating with investment or a loan from the state or a fund manager licensed by the Financial Supervision Authority, or with public support.","source_id":"est-rt-aliens-act-en-2026","location":"§ 192(2^1)(1)","quote":"the company has been entered in the Estonian commercial register for less than 12 months and commences operation with the support of the state or private investments","countries":"","short_title":"EUR 65,000 requirement waived for young companies backed by state or licensed private investors","plain_summary":"","year":"2026"},{"event_id":"e-a1147292b3","date":"2026-01","date_precision":"month","jurisdiction":"AND","program_id":"and-passive-residence","category":"context","title":"Andorran parliamentary committee reports bill raising passive-residence investment to EUR 1 million","description":"The Consell General Economy Committee (meetings 9-19 January 2026) reported the bill on continuity and consolidation of sustainable-growth measures. Its new art. 96 of the immigration law would raise the passive-residence investment to EUR 1,000,000 (EUR 400,000 if invested in the Housing Fund), require more than EUR 800,000 per property unit bought, cap debt/financial instruments and Andorran collective funds at 36 months, and turn the deposits into non-refundable payments to the State of EUR 50,000 per main holder and EUR 12,000 per dependant; applications filed before approval stay under the old rules. Bill text, not the enacted law.","source_id":"and-cg-informe-comissio-pl-creixement-2026","location":"PDF p. 1 (committee meetings); p. 17, art. 10 (new art. 96); p. 31, Disposició transitòria segona","quote":"ha d’invertir de forma permanent i efectiva una quantitat d’almenys un milió d’euros (1.000.000 €)","countries":"","short_title":"Andorran parliamentary committee reports bill raising passive-residence investment to EUR 1 million","plain_summary":"","year":"2026"},{"event_id":"e-38b69a6e98","date":"2026-01","date_precision":"month","jurisdiction":"AND","program_id":"and-passive-residence","category":"context","title":"Andorran bill: residence applications filed before the law keep the old rules (proposed)","description":"Transitional provision 2 of the bill as amended by the committee: applications for self-employment residence and residence without gainful activity filed before the law's approval are governed by the rules in force before that date. Proposed text, not the enacted law.","source_id":"and-cg-informe-comissio-pl-creixement-2026","location":"p. 31, Disposició transitòria segona","quote":"presentades abans de l’aprovació d’aquesta Llei, estiguin o no vinculades a una inversió estrangera o a una reserva de quota, es regeixen per la normativa vigent abans de la data referida","countries":"","short_title":"Andorran bill: residence applications filed before the law keep the old rules (proposed)","plain_summary":"","year":"2026"},{"event_id":"e-54d473db51","date":"2026-01","date_precision":"month","jurisdiction":"IDN","program_id":"idn-golden-visa","category":"context","title":"Global Citizen of Indonesia permit introduced","description":"Immigration introduced an indefinite stay permit for former Indonesians, their descendants and spouses, with lighter investment or income requirements than the golden visa.","source_id":"idn-imigrasi-gci-2026-02","location":"para 1","quote":"Pada Januari 2026, Direktorat Jenderal Imigrasi menerbitkan kebijakan Global Citizen of Indonesia (GCI), yang menawarkan masa berlaku izin tinggal tanpa batas.","countries":"","short_title":"Indonesia introduces a Global Citizen permit","plain_summary":"In January 2026 Indonesia's immigration directorate introduced an indefinite stay permit for former Indonesians, their descendants and spouses, with lighter investment or income requirements than the golden visa.","year":"2026"},{"event_id":"e-85eb1ee5ab","date":"2026-01","date_precision":"month","jurisdiction":"MCO","program_id":"mco-residence","category":"context","title":"National Council studies a 'premium' resident card","description":"Facing rising demand, Monaco's National Council is studying a new 'premium' resident card category to regulate inflows.","source_id":"mco-tribune-2026-01-21","location":"section \"Un système de cartes progressif\"","quote":"Face à l’afflux croissant de demandes, le Conseil national étudie la création d’une carte de résident « premium ».","countries":"","short_title":"National Council studies a 'premium' resident card","plain_summary":"","year":"2026"},{"event_id":"e-37a470de51","date":"2026","date_precision":"year","jurisdiction":"ETH","program_id":"eth-property-residence","category":"applications_open","title":"Ethiopian immigration agency says it has begun issuing property-based residential IDs and visas","description":"At a press briefing (spring 2026, exact date not stated) the ICS Director General said the agency had begun issuing property-based residential IDs and visas to foreign property owners, and would soon launch Golden Visas.","source_id":"eth-addisfortune-golden-visa-2026","location":"para. 2","quote":"the agency has begun issuing property-based residential IDs and visas to foreign nationals who own immovable property, including residential real estate","countries":"","short_title":"Ethiopian immigration agency says it has begun issuing property-based residential IDs and visas","plain_summary":"","year":"2026"},{"event_id":"e-ccc87251bc","date":"2025-12-31","date_precision":"day","jurisdiction":"MNE","program_id":"mne-property-residence","category":"legal","title":"Montenegro's parliament adopts a EUR 150,000 minimum for property-based residence","description":"Parliament adopts amendments to the Law on Foreigners requiring a real-estate transfer tax base of at least EUR 150,000 for temporary residence on the basis of property (EU/EEA/Swiss nationals exempt); in force on the eighth day after publication. Date is adoption; the publication (and so in-force) date is not stored.","source_id":"mne-skupstina-aliens-amend-2025","location":"promulgation decree, p. 1","quote":"dana 31.decembra 2025. godine","countries":"","short_title":"Montenegro's parliament adopts a EUR 150,000 minimum for property-based residence","plain_summary":"","year":"2025"},{"event_id":"e-7355af15c4","date":"2025-12-18","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"legal","title":"Cayman gazettes immigration amendment: annual declarations and false-information offence for investor residents","description":"Act 14 of 2025 (passed 12 Dec, assented 17 Dec, gazetted 18 Dec 2025) renames the Immigration (Transition) Act the Caymanian Protection Act; requires holders of the Certificate of Direct Investment and the business presence certificate to file annual declarations with a prescribed fee (failure is an offence and a ground for revocation); makes false information on financial standing or annual declarations an offence (fine CI$10,000 or one year); requires all permanent residents to pay prescribed fees for continued approval; and exempts existing holders of the independent-means permanent certificate (and their dependants) from the longer residence periods (twenty instead of fifteen years) for the grant of Caymanian status. Commencement by Cabinet order.","source_id":"cym-imm-trans-amend-act-2025","location":"p. 5, s.1; p. 28, s.18; p. 33, s.21; p. 47, s.36; pp. 48-49, s.37 (new s.83A(4)-(5))","quote":"a person who is the holder of a Certificate of Permanent Residence for Persons of Independent Means","countries":"","short_title":"Cayman gazettes immigration amendment: annual declarations and false-information offence for investor residents","plain_summary":"","year":"2025"},{"event_id":"e-a2f73f8166","date":"2025-12-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"rule_change","title":"MICI launches online platform for qualified-investor certificates","description":"MICI presents a digital platform for filing qualified-investor applications; DE 17 of 2026 later makes the platform the filing channel for certificates.","source_id":"pan-mici-press-2025-12-16","location":"para. 1","quote":"MICI presenta nueva plataforma para inversionistas calificados","countries":"","short_title":"Panama launches online platform for investor-residence applications","plain_summary":"Panama's trade ministry presented a digital platform on 16 December 2025 for filing qualified-investor applications; a later decree makes it the official filing channel for investor certificates.","year":"2025"},{"event_id":"e-c393af47da","date":"2025-12-15","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"legal","title":"Constitutional Court strikes four norms of the new nationality law","description":"Ruling 1133/2025 (preventive review requested by 50 MPs) finds unconstitutional the retroactive application to pending cases (art. 7(3)-(4) of Decree 17/XVII) and three other norms, but not the longer residence periods or the end of counting from the permit application.","source_id":"prt-tc-ac-1133-2025","location":"web page","quote":"Pronuncia-se pela inconstitucionalidade da norma extraída dos n.ºs 3 e 4 do artigo 7.º do Decreto n.º 17/XVII","countries":"","short_title":"Portugal's top court strikes parts of new nationality law","plain_summary":"Portugal's Constitutional Court ruled on 15 December 2025 that applying the new nationality law retroactively to pending cases, among other provisions, was unconstitutional, but left the longer residence periods standing.","year":"2025"},{"event_id":"e-3cd408d58e","date":"2025-12-05","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"Discretionary Investment Management Services removed as an acceptable AIP investment","description":"Discretionary Investment Management Services (DIMS) stop being an acceptable Growth category investment on 5 December 2025; $251.5 million had been invested through them.","source_id":"nzl-mbie-cab-aip-2026","location":"p. 4 (PDF), para 15","quote":"prior to their removal as an acceptable investment on 5 December 2025","countries":"","short_title":"Discretionary Investment Management Services removed as an acceptable AIP investment","plain_summary":"","year":"2025"},{"event_id":"e-4918a98e43","date":"2025-12-01","date_precision":"day","jurisdiction":"MUS","program_id":"mus-investor-permit","category":"price_change","title":"USD 50 application fee for occupation and retiree permits","description":"The EDB introduces a non-refundable USD 50 application fee for all occupation permit and retiree residence permit applications.","source_id":"mus-edb-web-investor-2026","location":"site-wide notice","quote":"an application fee of USD 50 (non-refundable) is effective as from 01 December 2025","countries":"","short_title":"Mauritius adds US$50 fee for occupation and retiree permit applications","plain_summary":"From 1 December 2025 the economic development board charges a non-refundable US$50 application fee for all occupation permit and retiree residence permit applications.","year":"2025"},{"event_id":"e-075e26d52e","date":"2025-12","date_precision":"month","jurisdiction":"USA","program_id":"usa-gold-card","category":"launch","title":"USCIS publishes Form I-140G for Gold Card petitions","description":"USCIS form page (last updated 10 Dec 2025; form edition 19 Nov 2025): petitioners first register and pay on trumpcard.gov, then file Form I-140G online; fee USD 15,000 per person. The exact date applications opened was not found in an official source.","source_id":"usa-uscis-web-i140g-2025","location":"sections 'Where to File' and 'When to File'","quote":"You may only file Form I-140G after you have registered your information on trumpcard.gov and received confirmation your submission was accepted.","countries":"","short_title":"US immigration service launches Gold Card application form","plain_summary":"The US immigration service published Form I-140G for Gold Card petitions in December 2025: applicants must first register and pay USD 15,000 per person on trumpcard.gov before filing online.","year":"2025"},{"event_id":"e-85218edddd","date":"2025-11-26","date_precision":"day","jurisdiction":"BHR","program_id":"bhr-golden-residency","category":"price_change","title":"Golden residency property threshold cut from BHD 200,000 to BHD 130,000","description":"NPRA announces a cut in the minimum real estate investment for the golden residency from BHD 200,000 to BHD 130,000 (USD 345,000).","source_id":"bhr-moi-press-130k-2025","location":"para 1","quote":"the Nationality, Passports and Residence Affairs (NPRA) at the Ministry of Interior has announced a reduction in the minimum real estate investment required to obtain the Golden Residency from 530,555 (BHD 200,000) to USD 345,000 (BHD 130,000).","countries":"","short_title":"Bahrain cuts golden residency property minimum to BHD 130,000","plain_summary":"On 26 November 2025 Bahrain announced a 35% cut in the minimum property value for golden residency, from BHD 200,000 to BHD 130,000.","year":"2025"},{"event_id":"e-20cb79262d","date":"2025-11-26","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"visa_access","title":"EU makes investor citizenship a ground for visa suspension","description":"Regulation (EU) 2025/2441 (published 10 December 2025) added the operation of an investor citizenship scheme without genuine link as a ground to suspend visa-free travel for Annex II countries.","source_id":"intl-eu-reg-2025-2441","location":"Article 1, new Article 8a(1)(e) of Regulation 2018/1806, PDF p. 6","quote":"(e) the operation, by a third country listed in Annex II, of an investor citizenship scheme under which citizenship is granted to a person, in exchange for pre-determined payments or investments, without that person having any genuine link to that third country;","countries":"","short_title":"EU can now suspend visas over citizenship sales","plain_summary":"The European Union added running a citizenship-for-investment scheme without a genuine link to the country as a new reason it can suspend a country's visa-free access.","year":"2025"},{"event_id":"e-93e30a0542","date":"2025-11-26","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"Grace period for the stayed 2024 EB-5 fee amounts ends","description":"After reinstating the pre-April 2024 EB-5 fees on 12 Nov 2025, USCIS accepted the previous (2024) fee amounts only for filings postmarked before 26 Nov 2025.","source_id":"usa-fr-eb5-fee-rule-2026","location":"PDF p. 6 (91 FR 61945), section III.A","quote":"USCIS informed the public that they would accept the previous fee for items postmarked before November 26, 2025.","countries":"","short_title":"Grace period for the stayed 2024 EB-5 fee amounts ends","plain_summary":"","year":"2025"},{"event_id":"e-2d9b526aa2","date":"2025-11-14","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"USCIS fee schedule restores pre-April 2024 EB-5 filing fees","description":"USCIS published a new edition of Form G-1055 (Fee Schedule) returning the filing fees for Forms I-526, I-526E, I-829, I-956, I-956F and I-956G to the amounts in force before the 1 April 2024 fee rule, following the court order partially staying the 2024 fee rule. Also announced on usa-uscis-web-eb5-whats-new-2025.","source_id":"usa-uscis-web-eb5-classification-2025","location":"alert at top of page","quote":"On Nov. 14, 2025, we published a new edition of Form G-1055, Fee Schedule. The new edition changed the filing fees for EB-5 related petitions and applications to the pre April 1, 2024, Fee Rule filing fees","countries":"","short_title":"USCIS fee schedule restores pre-April 2024 EB-5 filing fees","plain_summary":"","year":"2025"},{"event_id":"e-ed55d1b18c","date":"2025-11-12","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Court stays 2024 EB-5 fees (Moody v. Noem); USCIS reverts to old fees","description":"The U.S. District Court for the District of Colorado held that the 2022 Act barred DHS from setting EB-5 fees in its general 2024 fee rule and stayed them; USCIS went back to the fees in force until 31 Mar 2024 the same day. The decision itself was not retrieved.","source_id":"usa-fr-eb5-fee-rule-2026","location":"PDF p. 2 (91 FR 61941), section I.C.1","quote":"On November 12, 2025, the United States District Court for the District of Colorado issued a decision in Moody v. Noem, 2025 WL 3157554 (D. Colo.), staying certain EB–5 related fees","countries":"","short_title":"US court blocks 2024 fee rise for investor visa","plain_summary":"A US court ruled in November 2025 that the 2022 law barred Homeland Security from setting investor-visa fees in its 2024 rule, and the immigration service reverted to the earlier fees.","year":"2025"},{"event_id":"e-43c6e0b15d","date":"2025-11-05","date_precision":"day","jurisdiction":"SGP","program_id":"","category":"scandal","title":"Two tax-incentivised family-office funds linked to sanctioned Prince Group individuals","description":"MAS identified two SFO funds with tax incentives linked to individuals sanctioned by the US (Chen Zhi and associates) and ceased the incentives. About 3% of 1,300 SFO tax-incentive applications over three years were rejected. Not linked to the GIP in the answer.","source_id":"sgp-parl-oa-sfo-2025","location":"oral answer, para 3","quote":"Monetary Authority of Singapore (MAS) has identified two Single Family Offices (SFO) funds granted tax incentives that are linked to the sanctioned individuals.","countries":"","short_title":"Singapore cuts tax perks for funds tied to sanctioned figures","plain_summary":"Singapore's monetary authority found two tax-incentivised family-office funds linked to individuals sanctioned by the United States, and ended their tax breaks; about 3% of 1,300 family-office applications over three years had been rejected.","year":"2025"},{"event_id":"e-32d00775e2","date":"2025-10-23","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Family reunification tightened, but ARI families exempt","description":"Law 61/2025 requires two years of residence before family reunification, but exempts family members of holders of permits under arts. 90, 90-A (ARI) and 121-A.","source_id":"prt-law-61-2025","location":"PDF p. 4","quote":"c) Membros da família do titular de autorização de residência concedida ao abrigo dos artigos 90.º, 90.º-A ou 121.º-A.","countries":"","short_title":"Portugal exempts golden-visa families from new reunification rule","plain_summary":"A Portuguese law requires two years of residence before family reunification generally, but exempts family members of golden-visa and similar residence-permit holders from that wait.","year":"2025"},{"event_id":"e-68bbfd56a6","date":"2025-10-23","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS proposes a separate EB-5 fee rule (proposed)","description":"Proposed rule to set EB-5 fees under sec. 106 of the 2022 Act and codify Integrity Fund fees; comments until 22 Dec 2025. Finalised 30 Sep 2026.","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 1 (90 FR 48516), SUMMARY","quote":"The Department of Homeland Security (DHS) proposes to adjust Employment-Based Immigration, Fifth Preference (EB–5) immigration benefit request fees","countries":"","short_title":"US proposes separate fee rule for investor visa programme","plain_summary":"The Department of Homeland Security proposed a rule to set new fees for the US investor visa programme and formalise integrity-fund fees; comments closed 22 December 2025, and it was finalised 30 September 2026.","year":"2025"},{"event_id":"e-d18618707f","date":"2025-10-23","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"DHS proposes new EB-5 fee amounts (proposed, not adopted as proposed)","description":"Proposed fees (Table 1): I-526 and I-526E initial USD 9,625 incl. a new USD 95 EB-5 technology fee (I-526E amendment 9,530); new Form I-527 (amendment to legacy I-526) 8,000; I-829 7,860; I-956 28,895 initial / 18,480 amendment; I-956F 29,935; I-956G 2,740; I-956H 55; I-956K 2,740 (current fees then 11,160 / 9,525 / 47,695 / 4,470 / none). Proposed amounts only: the final rule of 30 Sep 2026 set different fees. Note the RIA text (PDF p. 22) gives USD 44,600 and 28,525 for I-956 initial/amendment, inconsistent with Table 1.","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 2 (90 FR 48517), Table 1","quote":"I–526E Immigrant Petition by Regional Center Investor—Amendment","countries":"","short_title":"DHS proposes new EB-5 fee amounts (proposed, not adopted as proposed)","plain_summary":"","year":"2025"},{"event_id":"e-35c82dd1db","date":"2025-10-23","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS proposes inflation increase and late-payment penalties for EB-5 Integrity Fund fees (proposed)","description":"Proposed +8.25% (CPI-U H1 2022 to H1 2024): I-526E Integrity Fund fee USD 1,000 to 1,085; regional center annual fee 10,000 to 10,825 and 20,000 to 21,650. Proposed penalties: 10% if paid on days 31-60, 20% on days 61-90, termination if unpaid after 90 days. The final rule adopted 10% (USD 1,100 / 11,000 / 22,000) and the penalties.","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 17 (90 FR 48532), section V.C","quote":"the I–526E EB–5 Integrity Fund Fee of $1,000 would increase to $1,085; the $10,000 Regional Center Integrity Fund Fee would increase to $10,825; and the $20,000 Regional Center Integrity Fund Fee would increase to $21,650","countries":"","short_title":"DHS proposes inflation increase and late-payment penalties for EB-5 Integrity Fund fees (proposed)","plain_summary":"","year":"2025"},{"event_id":"e-29b400d140","date":"2025-10-13","date_precision":"day","jurisdiction":"QAT","program_id":"qat-property-residence","category":"rule_change","title":"Aqarat announces title deed and real-estate residency within days for US$200,000 buyers","description":"The chairman of the Real Estate Regulatory Authority said buyers of property worth at least US$200,000 would get a title deed and real-estate residency within a few days, through a process to be launched at the Third Real Estate Forum with the interior, justice and labour ministries. Reported by The Peninsula; the official decision was not found.","source_id":"qat-peninsula-title-residency-2025","location":"article text","quote":"will be able to obtain both a title deed and real estate residency within just a few days by purchasing property worth at least $200,000","countries":"","short_title":"Qatar promises fast residence for property buyers (reported)","plain_summary":"The property regulator said buyers of homes worth at least US$200,000 would get their title deed and residence within days.","year":"2025"},{"event_id":"e-a541a18e9a","date":"2025-09-19","date_precision":"day","jurisdiction":"USA","program_id":"usa-gold-card","category":"launch","title":"Executive Order 14351 creates the 'Gold Card' (decided)","description":"The President ordered Commerce, State and DHS to set up within 90 days a Gold Card programme: a USD 1 million (individual) or USD 2 million (corporate) gift to the Department of Commerce counts as evidence for EB-1/EB-2 immigrant visas, with expedited processing; agencies to consider extending it to EB-5 investors. This is a binding executive order, but it creates no new visa category in law.","source_id":"usa-fr-eo-14351-2025","location":"sec. 1, 90 FR 46031","quote":"I hereby announce the Gold Card, a visa program overseen by the Secretary of Commerce that will facilitate the entry of aliens who have demonstrated their ability and desire to advance the interests of the United States by voluntarily providing a significant financial gift to the Nation.","countries":"","short_title":"United States creates a 'Gold Card' visa option","plain_summary":"A 19 September 2025 executive order creates a 'Gold Card': a USD 1 million gift (USD 2 million for companies) to the Commerce Department counts as evidence for certain immigrant visas, with faster processing.","year":"2025"},{"event_id":"e-40e11992c5","date":"2025-09-19","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"Gold Card order asks agencies to consider extending it to EB-5 (not decided)","description":"Sec. 3(f) of EO 14351 directs agencies only to consider expanding the Gold Card to EB-5 applicants; no step to do so was found by 2 Oct 2026. The EB-5 programme itself continues under the 2022 Act.","source_id":"usa-fr-eo-14351-2025","location":"sec. 3(f), 90 FR 46032","quote":"Consider expanding the Gold Card program to visa applicants under 8 U.S.C. 1153(b)(5).","countries":"","short_title":"Gold Card expansion to investor visa only considered","plain_summary":"The Gold Card order only tells agencies to consider extending it to the US investor visa programme; by 2 October 2026 no such step had been found, and that programme continues under a 2022 law.","year":"2025"},{"event_id":"e-a9e1b54c44","date":"2025-08-31","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"rule_change","title":"Oman launches 10-Year Golden Residency with OMR 200,000 minimum","description":"The commerce ministry relaunches investor residence as a renewable 10-year Golden Residency with seven routes and a single OMR 200,000 threshold, with Migrate World as operational partner.","source_id":"omn-investoman-golden-residency-2025","location":"para 1","quote":"Oman has officially launched the 10-Year Golden Residency programme","countries":"","short_title":"Oman launches 10-year Golden Residency with OMR 200,000 minimum","plain_summary":"On 31 August 2025 the commerce ministry relaunched investor residence as a renewable 10-year Golden Residency with seven routes and a single OMR 200,000 threshold.","year":"2025"},{"event_id":"e-9e1856384d","date":"2025-08-23","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"context","title":"Oman announces a golden residency programme for investors to launch on 31 August","description":"The Oman News Agency reported that the Ministry of Commerce, Industry and Investment Promotion would launch a golden residency programme for investors on 31 August 2025 at an event in Salalah (the launch itself is already an event from omn-investoman-golden-residency-2025).","source_id":"omn-thenational-golden-2025","location":"para 2","quote":"The sultanate's Ministry of Commerce, Industry and Investment Promotion will launch a golden residency programme for investors on August 31, the Oman News Agency reported on Saturday.","countries":"","short_title":"Oman announces a golden residency programme for investors to launch on 31 August","plain_summary":"","year":"2025"},{"event_id":"e-8a79db1d56","date":"2025-08-09","date_precision":"day","jurisdiction":"MUS","program_id":"mus-investor-permit","category":"rule_change","title":"Investor permit turnover targets; permanent residence only after 5 years","description":"The Finance Act 2025 replaced the EDB Act First Schedule: investors may enter with USD 50,000 (turnover from MUR 1.5 million in year 1 to a cumulative MUR 20 million by year 5) or USD 100,000 (MUR 1 million in year 1, cumulative MUR 15 million by year 5), with MUR 5 million a year from year 6 for renewal; funds must be transferred within 60 days. Permanent residence requires 5 years as investor and MUR 15 million turnover a year (or MUR 75 million over 5 years); the direct USD 375,000 permanent-residence route is no longer listed.","source_id":"mus-fa-2025","location":"s. 13(d), PDF pp. 44-47","quote":"A minimum turnover of 1.5 million rupees as from year 1 of registration with progressive growth to achieve a cumulative turnover of 20 million rupees by year 5 of registration.","countries":"","short_title":"Investor permit turnover targets; permanent residence only after 5 years","plain_summary":"","year":"2025"},{"event_id":"e-26efad8d70","date":"2025-08-09","date_precision":"day","jurisdiction":"MUS","program_id":"mus-investor-permit","category":"rule_change","title":"Permit applications to go through a Joint Committee (on Proclamation)","description":"The Finance Act 2025 rewrote ss. 10-14 of the Immigration Act 2022: applications for investor occupation permits, retiree residence permits and family occupation permits are made through the National Electronic Licensing System and assessed by a Joint Committee (Ministry, Passport and Immigration Office, EDB) that recommends approval to the Ministry, replacing the earlier deemed approval after 5 working days; dependent children must be 24 or under; a permanent resident switching to the retiree category needs USD 40,000 a year. These provisions (s. 25) commence on a date fixed by Proclamation (s. 66(5)), not found in this document.","source_id":"mus-fa-2025","location":"s. 25 and s. 66(5), PDF pp. 95-109, 249","quote":"There shall be a committee to be known as the Joint Committee.","countries":"","short_title":"Permit applications to go through a Joint Committee (on Proclamation)","plain_summary":"","year":"2025"},{"event_id":"e-c0c684b588","date":"2025-08-09","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"New duty and 10% land transfer tax for scheme property sold to non-citizens from 1 July 2026","description":"The Finance Act 2025 amended the Registration Duty Act: deeds transferring residential property under an EDB Property Scheme (Real Estate Development, Invest Hotel, Smart City, Property Development) to a non-citizen on or after 1 July 2026, including resales of such property, are charged under paragraph K of Part I of the First Schedule; Part IV item 4 and s. 14A are repealed. The registration duty rate in paragraph K is not printed in this Act. The Land (Duties and Taxes) Act is amended in parallel: land transfer tax of 10 per cent on such transfers by a non-citizen seller from 1 July 2026 (s. 29).","source_id":"mus-fa-2025","location":"s. 29(b) new s. 4(9) of the Land (Duties and Taxes) Act, and s. 49(c)-(g), PDF pp. 164-165, 196-198","quote":"a transfer is made to a non-citizen, on or after 1 July 2026,","countries":"","short_title":"New duty and 10% land transfer tax for scheme property sold to non-citizens from 1 July 2026","plain_summary":"","year":"2025"},{"event_id":"e-2cdb8aa3be","date":"2025-08-01","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"MM2H online application system","description":"New MM2H applications must go through MOTAC's online information system, with a RM500 processing fee; agents must book appointments online from 1 October 2025.","source_id":"mys-motac-mm2h-system-2025","location":"p. 1","quote":"Penggunaan Sistem Pengurusan Maklumat Program Malaysia My Second Home (MM2H) bagi permohonan baharu Program MM2H berkuatkuasa mulai: 1 OGOS 2025","countries":"","short_title":"Malaysia requires online applications for My Second Home","plain_summary":"From 1 August 2025 new applications go through the tourism ministry's online system, with a 500 ringgit processing fee. From 1 October 2025 agents must book appointments online.","year":"2025"},{"event_id":"e-e018d78962","date":"2025-08","date_precision":"month","jurisdiction":"PHL","program_id":"phl-srrv","category":"price_change","title":"Expanded SRRV: minimum age 40, new deposit levels, POGO workers barred","description":"PRA's Expanded SRRV set a minimum age of 40, deposits of US$15,000-50,000 by age and pension status, and disqualified workers of offshore gaming operators (POGOs) under EO 74 s. 2024.","source_id":"phl-pra-expanded-srrv-2025","location":"p. 1","quote":"Applicants who are operators or workers of Philippine Offshore Gaming Operators (POGO) and/or Internet Gaming Licensees (IGL) shall be disqualified from applying for the SRRV","countries":"","short_title":"Philippine retiree visa changes: minimum age 40, new deposit levels","plain_summary":"The expanded retiree visa sets a minimum age of 40 and deposits of US$15,000 to US$50,000 depending on age and pension status. Operators and workers of offshore gaming businesses are disqualified.","year":"2025"},{"event_id":"e-0ee9587994","date":"2025-07-29","date_precision":"day","jurisdiction":"MLT","program_id":"","category":"rule_change","title":"LN 159 of 2025 sets out merit-based naturalisation rules","description":"Amends S.L. 188.06 to regulate citizenship by merit.","source_id":"mlt-cma-notice-2025-09-02","location":"paragraph 2","quote":"Subsidiary legislation 188.06 was amended in order to provide for processes and requirements to regulate the granting of citizenship by naturalisation on the basis of merit.","countries":"","short_title":"Malta sets rules for merit-based citizenship","plain_summary":"Malta issued new regulations setting out the process and requirements for granting citizenship by merit, replacing its investment-based route.","year":"2025"},{"event_id":"e-7ddc0921bd","date":"2025-07-22","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mprp","category":"price_change","title":"MPRP fees restructured: EUR 60,000 fee and single EUR 37,000 contribution","description":"L.N. 146 of 2025 sets a EUR 60,000 administration fee, EUR 7,500 per adult dependant, one EUR 37,000 contribution for owners and tenants, a EUR 5,000 annual agent licence fee and a one-year temporary permit while an application is processed; it applies to applications filed since 1 Jan 2025 not yet concluded.","source_id":"mlt-ln-2025-146","location":"reg. 16 (PDF p. 9)","quote":"shall apply also to applications submitted after the 1st January 2025 which are still not concluded","countries":"","short_title":"Malta restructures fees for its permanent residence programme","plain_summary":"New rules set a €60,000 administration fee, €7,500 per adult dependant and a single €37,000 contribution. They apply to applications filed since 1 January 2025 and not yet concluded.","year":"2025"},{"event_id":"e-a65a61dab5","date":"2025-07-22","date_precision":"day","jurisdiction":"THA","program_id":"tha-privilege","category":"context","title":"Board approves FY2026 business plan: THB 3,380 million revenue target","description":"Board meeting 7/2568 approved the FY2569 business plan with revenue of THB 3,380 million (3,000 from card sales) and expenditure of THB 2,445.47 million.","source_id":"tha-tpc-ar-2025","location":"PDF p. 57 (printed p. 55), section 7.4","quote":"อนุมัติประมาณการรายได้ปีงบประมาณ 2569 เป็นเงินทั้งสิ้นจำนวน 3,380.00 ล้านบาท","countries":"","short_title":"Board approves FY2026 business plan: THB 3,380 million revenue target","plain_summary":"","year":"2025"},{"event_id":"e-30ededf9ae","date":"2025-07-21","date_precision":"day","jurisdiction":"LUX","program_id":"lux-investor-residence","category":"rule_change","title":"Luxembourg government tables bill to abolish its investor residence permit","description":"Bill 8586 would repeal arts. 53bis-53quater (the \"Golden Visa\"): only 9 titles issued since 2017, none of the first 7 renewed, and checks hard to carry out. Still in committee in Sep 2026.","source_id":"lux-chd-pl-8586-2025","location":"PDF p. 2","quote":"le projet de loi tend à abroger le titre de séjour pour investisseur, communément désigné par « Golden Visa »","countries":"","short_title":"Luxembourg government proposes ending its investor residence permit","plain_summary":"A bill would repeal the permit, known as the Golden Visa. Only nine were issued since 2017, none of the first seven renewed, and checks were hard. It was still in committee in September 2026.","year":"2025"},{"event_id":"e-ae3bbbe02e","date":"2025-07-01","date_precision":"day","jurisdiction":"GEO","program_id":"geo-property-residence","category":"price_change","title":"Georgia raises the property-owner residence threshold to USD 150,000","description":"Law No 863 of 26 June 2025 (published 1.7.2025) raises the Article 15(j) threshold from USD 100,000 to USD 150,000; date is publication, from the history note; Law 863 itself is not stored, so its in-force date is unknown.","source_id":"geo-matsne-aliens-law-2025-06","location":"Article 15(j) and history note","quote":"Law of Georgia No 863 of 26 June 2025 – website, 1.7.2025","countries":"","short_title":"Georgia raises the property-owner residence threshold to USD 150,000","plain_summary":"","year":"2025"},{"event_id":"e-66a9acfe40","date":"2025-07","date_precision":"month","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"scandal","title":"State Audit Institution finds misuse of investor residence","description":"The SAI's 2024 report summary finds that 378 workers in elementary occupations obtained investor residence after becoming 'business partners', that some foreign investors used facilities to get residence without real investment capacity, and that 52 investors left the commercial register without incentives being withdrawn (audit of the Investment Services Centre, 2022-2023). It is not clear whether these cases concern the long-term IRP or the general investor residence.","source_id":"omn-sai-society-summary-2024","location":"PDF p. 40","quote":"حصول (378) من العاملين أصحاب المهن البسيطة ... على إقامة مستثمر، بعد أن قاموا بتغيير تصريح اقامتهم إلى مسمى شريك تجاري","countries":"","short_title":"Oman audit finds misuse of investor residence","plain_summary":"A 2024 state audit summary found 378 workers in basic jobs got investor residence as business partners, and some foreign investors lacked real investment capacity. 52 investors left the commercial register with incentives not withdrawn.","year":"2025"},{"event_id":"e-1a6519adb5","date":"2025-06-13","date_precision":"day","jurisdiction":"FRA","program_id":"fra-passeport-talent-investor","category":"rule_change","title":"France rewrites the regulatory conditions for the investor card (Decree 2025-539)","description":"Decree No 2025-539 of 13 June 2025 (art. 3) gives R. 421-35 and R. 421-36 CESEDA their current wording: EUR 300,000 in fixed assets, personally or via a company run or at least 30% owned, jobs created or saved within four years; the card is withdrawn if the investment has not started within one year or the funds are illicit. Date is the decree's date; the in-force date is not printed in the code.","source_id":"fra-codesdroit-ceseda-2026","location":"R. 421-35 and R. 421-36, article headers","quote":"R. 421-35 Décret n°2025-539 du 13 juin 2025 - art. 3","countries":"","short_title":"France rewrites the regulatory conditions for the investor card (Decree 2025-539)","plain_summary":"","year":"2025"},{"event_id":"e-768fe361df","date":"2025-06-01","date_precision":"day","jurisdiction":"UZB","program_id":"uzb-golden-visa","category":"launch","title":"Uzbekistan's golden-visa residence permit available from 1 June 2025","description":"Start date set in para. 26 of Decree PF-67. Whether applications actually opened on that date was not checked.","source_id":"uzb-lex-pf67-2025","location":"Section VII, para. 26","quote":"2025 йил 1 июндан бошлаб","countries":"","short_title":"Uzbekistan's golden-visa residence permit available from 1 June 2025","plain_summary":"","year":"2025"},{"event_id":"e-4334c910bc","date":"2025-05-28","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"MM2H notice: SEZ homes only in Forest City; random police interviews","description":"OSC MM2H notice: Platinum/Gold/Silver participants get one year after pass endorsement to buy their home; SEZ/SFZ participants must buy from Forest City (Johor) developers only, before endorsement, with sales reported to IMFC-J; fixed deposits encouraged in ringgit equivalent to the USD amounts; 50% withdrawal for homes bought up to two years (SEZ: six months) before endorsement; random interviews of prospective participants by the police (PDRM) in addition to security screening; housing information form; conditional approval letters.","source_id":"mys-motac-mm2h-notice-2025","location":"pp. 1-2, sections A-E","quote":"lokasi bagi tujuan pembelian rumah di bawah kategori Zon Khas Ekonomi/ Zon Khas Kewangan adalah di Forest City, Johor sahaja","countries":"","short_title":"MM2H notice: SEZ homes only in Forest City; random police interviews","plain_summary":"","year":"2025"},{"event_id":"e-9df097493a","date":"2025-05-21","date_precision":"day","jurisdiction":"GTM","program_id":"gtm-investor-residence","category":"rule_change","title":"New Reglamento de Residencias Guatemaltecas sets USD 100,000 investor residence requirement","description":"The IGM Director General signs Acuerdo IGM-016-2025 (later approved by the National Migration Authority as AMN-05-2025), replacing Acuerdo IGM-092-2022; art. 17 sets the investor requirement at USD 100,000. In force as the Authority decides (date not read).","source_id":"gtm-igm-reglamento-residencias-2025","location":"PDF arts. 59-60 and signature","quote":"Dado en la ciudad de Guatemala, el veintiuno de mayo del año dos mil veinticinco.","countries":"","short_title":"New Reglamento de Residencias Guatemaltecas sets USD 100,000 investor residence requirement","plain_summary":"","year":"2025"},{"event_id":"e-c49ccc52e7","date":"2025-05-21","date_precision":"day","jurisdiction":"GTM","program_id":"gtm-investor-residence","category":"rule_change","title":"Guatemala residence regulation repeals Acuerdo IGM-092-2022","description":"The Reglamento de Residencias Guatemaltecas (IGM-016-2025, signed 21 May 2025) repeals the earlier residence regulation, Acuerdo IGM-092-2022 of 25 October 2022. Date is the signing date; it enters into force as the National Migration Authority decides.","source_id":"gtm-igm-reglamento-residencias-2025","location":"PDF art. 59-60","quote":"Se deroga el Acuerdo número IGM-092-2022 de fecha 25 de octubre de 2022.","countries":"","short_title":"Guatemala residence regulation repeals Acuerdo IGM-092-2022","plain_summary":"","year":"2025"},{"event_id":"e-be87c1a274","date":"2025-05-20","date_precision":"day","jurisdiction":"THA","program_id":"tha-privilege","category":"context","title":"Board grants five Friends of Thailand cards to foreign celebrities","description":"Board meeting 5/2568 approved honorary Friends of Thailand cards for five foreigners from sport and film to promote the card abroad.","source_id":"tha-tpc-ar-2025","location":"PDF p. 56 (printed p. 54), section 7.2","quote":"มอบบัตรสมาชิก Thailand Privilege Card ประเภท Friends of Thailand ให้แก่บุคคลต่างชาติผู้สร้างชื่อเสียงให้ประเทศไทย จำนวน 5 ราย","countries":"","short_title":"Board grants five Friends of Thailand cards to foreign celebrities","plain_summary":"","year":"2025"},{"event_id":"e-bd03493783","date":"2025-05-01","date_precision":"day","jurisdiction":"UZB","program_id":"uzb-golden-visa","category":"context","title":"Ministry of Justice corrects golden-visa price to the decree's USD 250,000","description":"The ministry had first announced USD 200,000 and USD 100,000 per family member; it corrected the figures to USD 250,000 and USD 150,000, as in the decree.","source_id":"uzb-gazeta-golden-visa-2025-04","location":"update note at top of article","quote":"изначально Министерство юстиции сообщало об инвестициях на 200 тысяч и 100 тысяч долларов за получение ВНЖ, однако позже скорректировала суммы до 250 тысяч и 150 тысяч, которые приведены в указе президента","countries":"","short_title":"Ministry of Justice corrects golden-visa price to the decree's USD 250,000","plain_summary":"","year":"2025"},{"event_id":"e-f9f0778f59","date":"2025-04-30","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Last day for old-rule investors to switch to another property","description":"Under art. 64(4) Law 5100/2024 (as consolidated with Law 5167/2024), an investor who qualified for the pre-2024 thresholds (deposit or contract by 31.8.2024) but whose purchase fell through could complete the investment in another property under the old rules, but not after 30 April 2025. The consolidated text does not say whether this sentence was in the original law or added later.","source_id":"grc-law-5100-2024-consolidated","location":"p. 5, art. 64(4), second subparagraph","quote":"και πάντως όχι πέραν της 30ής Απριλίου 2025","countries":"","short_title":"Last day for old-rule investors to switch to another property","plain_summary":"","year":"2025"},{"event_id":"e-1a90c3eab2","date":"2025-04-30","date_precision":"day","jurisdiction":"KAZ","program_id":"kaz-investor-visa","category":"launch","title":"Kazakhstan approves 'golden' investor visa rules (USD 300,000)","description":"The Foreign Ministry announces new investor-visa rules: USD 300,000 in charter capital or local securities, with a residence permit of up to 10 years; in force ten days after official publication. Date of approval as reported; the legal act and its in-force date were not read.","source_id":"kaz-astanatimes-investor-visa-2025","location":"para. 1","quote":"Kazakhstan approved new regulations for obtaining an investor visa to enhance its investment appeal and support long-term business partnerships on April 30, reported the Foreign Ministry’s press service.","countries":"","short_title":"Kazakhstan approves 'golden' investor visa rules (USD 300,000)","plain_summary":"","year":"2025"},{"event_id":"e-3bd1d9eba9","date":"2025-04-18","date_precision":"day","jurisdiction":"UZB","program_id":"uzb-golden-visa","category":"legal","title":"Uzbek presidential decree PF-67 creates a residence permit for a USD 250,000 payment from 1 June 2025","description":"Decree PF-67 on stimulating production, exports and entrepreneurship (section VII, investment promotion) provides that from 1 June 2025 a five-year residence permit is issued for payments of USD 250,000 plus USD 150,000 per family member.","source_id":"uzb-lex-pf67-2025","location":"Section VII, para. 26","quote":"Белгилансинки, 2025 йил 1 июндан бошлаб хорижий давлатлар фуқаролари ва фуқаролиги бўлмаган шахсларга 250 минг АҚШ доллари","countries":"","short_title":"Uzbek presidential decree PF-67 creates a residence permit for a USD 250,000 payment from 1 June 2025","plain_summary":"","year":"2025"},{"event_id":"e-8d545421c2","date":"2025-04-15","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"scandal","title":"Calls to investigate approvals after closure","description":"RTÉ reported that the scheme had generated EUR 500 million since it was closed two years earlier and that 83 applications being processed were submitted after the closure; Sinn Féin called for an investigation, and a Dublin South West TD said the scheme should be stopped entirely.","source_id":"irl-rte-golden-visa-2025","location":"Article, opening paragraph","quote":"has generated €500 million since it was axed by the Government two years ago","countries":"","short_title":"Ireland's closed investor scheme still generating approvals","plain_summary":"Irish broadcaster RTE reported the closed investor scheme had generated about EUR 500m in approvals since ending, with some late applications still processed; opposition politicians called for an investigation or halt.","year":"2025"},{"event_id":"e-25af2b618a","date":"2025-04-03","date_precision":"day","jurisdiction":"ESP","program_id":"","category":"context","title":"Spain abolishes investor visas (golden visa)","description":"Ley Orgánica 1/2025 (BOE 3.1.2025) empties arts. 63-67 of Ley 14/2013 (investor visas/permits); in force three months after publication, i.e. 3 April 2025; existing permits may be renewed.","source_id":"esp-boe-lo-1-2025","location":"p. 261, disposición final vigesimoprimera; p. 272, disposición final trigésima octava","quote":"Uno. Se dejan sin contenido los artículos 63, 64, 65, 66 y 67.","countries":"","short_title":"Spain formally abolishes its golden visa","plain_summary":"A new Spanish law removed the legal basis for investor residence permits, taking effect on 3 April 2025, though people who already held one could still renew it.","year":"2025"},{"event_id":"e-c03faf3432","date":"2025-04-03","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"rule_change","title":"Transitional rules after the end of Spain's investor visas","description":"Ley Orgánica 1/2025 adds two transitional provisions to Ley 14/2013: investors and family members who applied before 3 April 2025 may still receive the visa or authorisation under the rules in force when they applied; visas and authorisations valid on that date keep their validity, and renewals are decided under the rules in force when the initial authorisation was granted.","source_id":"esp-boe-lo-1-2025","location":"p. 261 (BOE p. 1056), disposición final vigesimoprimera, Dos and Tres","quote":"podrán recibir el visado o autorización correspondiente conforme a la normativa vigente en la fecha de presentación de la solicitud","countries":"","short_title":"Transitional rules after the end of Spain's investor visas","plain_summary":"","year":"2025"},{"event_id":"e-69c0d4e57d","date":"2025-04-02","date_precision":"day","jurisdiction":"ESP","program_id":"","category":"context","title":"Spanish government announces end of golden visas from 3 April 2025","description":"Press release: end of residence permits linked to real-estate investment over EUR 500,000 and of all investor residence visas.","source_id":"esp-moncloa-2025-04-02","location":"para 2","quote":"El Gobierno de España pone fin este jueves 3 de abril a la concesión de permisos de residencia vinculados a inversiones inmobiliarias de más de 500.000 euros","countries":"","short_title":"Spain announces the end of golden visas","plain_summary":"Spain's government announced it would end residence permits linked to real-estate investments over EUR 500,000, and all other investor residence visas, from 3 April 2025.","year":"2025"},{"event_id":"e-37dd11a7a8","date":"2025-04-01","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"price_change","title":"Active Investor Plus revamp: Growth (NZ$5m) and Balanced (NZ$10m) categories","description":"Minimum investment cut from NZ$15 million (weighted) to NZ$5 million (Growth, 3 years) or NZ$10 million (Balanced, 5 years, bonds and property allowed); fewer days required in NZ; English requirement removed; six months to invest after approval in principle.","source_id":"nzl-inz-aip-release-2025","location":"Media release, list of changes","quote":"a minimum investment amount of NZD$5 million for Growth category investors and NZD$10 million for Balanced category investors","countries":"","short_title":"New Zealand cuts Active Investor Plus minimums to NZ$5m and NZ$10m","plain_summary":"From 1 April 2025 the minimum fell from NZ$15 million (weighted) to NZ$5 million (Growth, 3 years) or NZ$10 million (Balanced, 5 years). Fewer days in New Zealand are needed; the English requirement was removed.","year":"2025"},{"event_id":"e-64f1420b81","date":"2025-03-26","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"Retirement and Investment Program: SRRV deposits convertible into business investments in Bataan freeport","description":"PRA introduced a Retirement and Investment Program letting SRRV holders convert visa deposits into business investments within partner economic zones, formalised with the Authority of the Freeport Area of Bataan on 26 March 2025 and the Subic-Clark Alliance for Development on 16 October 2025.","source_id":"phl-pra-ar-2025","location":"PDF p. 65 (report p. 61)","quote":"the PRA introduced the Retirement and Investment Program, which enables SRRV holders to convert their visa deposits into business investments within partner economic zones.","countries":"","short_title":"Retirement and Investment Program: SRRV deposits convertible into business investments in Bataan freeport","plain_summary":"","year":"2025"},{"event_id":"e-de5bb21934","date":"2025-03-01","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"rule_change","title":"New CIES eased: six-month net-asset test, joint assets, family-office vehicles","description":"Net assets of HK$30m now need to be held for six months before applying (was two years); jointly owned assets count for the applicant's share; investments may be held through a family-owned investment holding vehicle managed by a single family office. Announced 7 Jan 2025. InvestHK said applications in March 2025 rose more than 440% on February.","source_id":"hkg-fstb-pr-new-cies-enhancements-2025","location":"section 1(a)","quote":"An applicant under the New CIES is only required to demonstrate that he/she has net assets or net equity to which he/she is absolutely beneficially entitled with a market value of not less than HK$30 million net throughout six months (two years before the enhancement) preceding the application","countries":"","short_title":"Hong Kong eases rules for its new investor scheme","plain_summary":"From 1 March 2025 HK$30 million in net assets need be held six months, not two years. Jointly owned assets count by share, and family holding vehicles are allowed. Applications rose over 440% on February.","year":"2025"},{"event_id":"e-883f1faf9e","date":"2025-03","date_precision":"month","jurisdiction":"NIC","program_id":"nic-investor-residence","category":"context","title":"US INCSR 2025: Nicaragua offers an expedited path to citizenship for investors","description":"The State Department's 2025 report says Nicaragua grants asylum and citizenship to individuals perceived as political allies and offers an expedited path to citizenship for investors (no amounts).","source_id":"intl-usdos-incsr-2025","location":"PDF p. 214, Nicaragua","quote":"Nicaragua grants asylum and citizenship to individuals perceived as political allies and offers an expedited path to citizenship for investors.","countries":"","short_title":"US INCSR 2025: Nicaragua offers an expedited path to citizenship for investors","plain_summary":"","year":"2025"},{"event_id":"e-5803254680","date":"2025-02-26","date_precision":"day","jurisdiction":"SGP","program_id":"","category":"legal","title":"S$2.79 billion in assets surrendered to the state in the S$3 billion case","description":"As of December 2024, about S$2.79 billion of assets linked to the case had been surrendered to the state (S$1.54 billion in cash or financial assets).","source_id":"sgp-parl-wa-ml-assets-2025","location":"written answer, para 1","quote":"As of December 2024, assets amounting to approximately $2.79 billion, linked to the $3 billion money laundering case, had been surrendered to the state.","countries":"","short_title":"Singapore recovers S$2.79 billion in money-laundering case","plain_summary":"By December 2024, about S$2.79 billion of assets linked to Singapore's S$3 billion money-laundering case had been surrendered to the state, including S$1.54 billion in cash or financial assets.","year":"2025"},{"event_id":"e-7218b5a07d","date":"2025-02-23","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"rule_change","title":"Ministerial Direction 114 sets processing priorities for remaining BIIP applications","description":"After the BIIP closed to new applications, the department processes the on-hand BIIP applications in line with Migration Program planning levels and the priorities in Ministerial Direction No 114, in effect from 23 February 2025.","source_id":"aus-dha-mp-report-2024-25","location":"p. 10","quote":"processing priorities set out in Ministerial Direction No 114 (which came into effect on 23 February 2025)","countries":"","short_title":"Ministerial Direction 114 sets processing priorities for remaining BIIP applications","plain_summary":"","year":"2025"},{"event_id":"e-5c37b88c0e","date":"2025-02-21","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"Family-office option: S$50 million must go into Singapore-listed equities","description":"New GIP Option C applicants must deploy at least S$50 million in equities listed on approved Singapore exchanges (REITs and bonds no longer count), a measure of the Equities Market Review Group.","source_id":"sgp-parl-oa-gip-sfo-2025","location":"oral answer, para 2","quote":"From 21 February 2025, new GIP applicants under this option","countries":"","short_title":"Singapore raises family-office investor residence threshold","plain_summary":"From 21 February 2025, Singapore's investor residence programme requires family-office applicants under this option to invest at least S$50 million in Singapore-listed shares; property trusts and bonds no longer count.","year":"2025"},{"event_id":"e-2f164646b7","date":"2025-01-01","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"price_change","title":"New $1 million economic permanent residence rules take effect","description":"Amended s.17A requires a $1 million investment for at least ten years in Bahamian real estate or Central Bank zero coupon bonds; bond proceeds earmarked for education, health, Family Island infrastructure or youth and sports.","source_id":"bhs-ag-imm-amend-bill-2024","location":"p. 2, s. 1(2)","quote":"This Act shall come into operation on the 1st day of January 2025.","countries":"","short_title":"Bahamas starts new economic permanent residence rules","plain_summary":"From 1 January 2025 an amended law requires B$1 million held at least ten years in real estate or central bank zero coupon bonds. Bond proceeds go to public services.","year":"2025"},{"event_id":"e-b4a828b787","date":"2025-01-01","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mprp","category":"price_change","title":"MPRP thresholds and fees raised","description":"L.N. 310 of 2024: property EUR 375,000 and rent EUR 14,000 everywhere (regional discounts dropped), administration fee EUR 50,000, contribution EUR 30,000 (owned) or 60,000 (rented), EUR 5,000 fee and EUR 5,000 contribution per dependant; new EUR 650,000 assets option.","source_id":"mlt-ln-2024-310","location":"reg. 1(2) (PDF p. 1)","quote":"These regulations shall come into force on 1st January 2025.","countries":"","short_title":"Malta raises property thresholds and fees for permanent residence","plain_summary":"From 1 January 2025: property of €375,000 or rent of €14,000 everywhere, a €50,000 administration fee, a €30,000 or €60,000 contribution, and €5,000 fee plus €5,000 contribution per dependant. A €650,000 assets option was added.","year":"2025"},{"event_id":"e-fe0499963a","date":"2025-01-01","date_precision":"day","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"price_change","title":"Sarawak tightens S-MM2H: RM500,000 fixed deposit, age 30+, 30 days a year","description":"The Sarawak tourism minister announces that from 1 Jan 2025 applicants must be 30 or older, open a fixed deposit of RM500,000 per application in a Sarawak bank and stay at least 30 days a year.","source_id":"mys-swk-mtcp-smm2h-news-2024","location":"news item, para 1","quote":"Effective Jan 1 next year, applications for the Sarawak-Malaysia My Second Home (S-MM2H) programme must comply with new requirements","countries":"","short_title":"Sarawak tightens S-MM2H: RM500,000 fixed deposit, age 30+, 30 days a year","plain_summary":"","year":"2025"},{"event_id":"e-3cec45a9f1","date":"2025-01-01","date_precision":"day","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"rule_change","title":"Sarawak starts licensing its own S-MM2H agents (Sarawak-owned companies, RM100,000 paid-up capital; existing agents must reapply)","description":"From 1 Jan 2025 the Sarawak tourism ministry licenses S-MM2H agents under new terms: Sarawak-owned companies with no foreigners on the board, RM100,000 paid-up capital, shareholders not in another licensed agent. The 40 agents previously licensed by Putrajaya must reapply. Approved by the state Cabinet on 24 Oct 2024.","source_id":"mys-swk-mtcp-smm2h-agents-2024","location":"paras 1, 5-9, 14-15","quote":"Karim said the new licensing requirements for S-MM2H agents would take effect from Jan 1.","countries":"","short_title":"Sarawak starts licensing its own S-MM2H agents (Sarawak-owned companies, RM100,000 paid-up capital; existing agents must reapply)","plain_summary":"","year":"2025"},{"event_id":"e-9ad2629e3b","date":"2025","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"legal","title":"PRA prepares criminal complaint over fake SRRVs issued to foreigners","description":"PRA's legal unit finalised witness affidavits for a criminal complaint about the fraudulent issuance of fake SRRVs to foreign nationals, with the NBI and the Bureau of Immigration.","source_id":"phl-pra-ar-2025","location":"PDF p. 52 (report p. 48)","quote":"Finalized witness affidavits to file a formal criminal complaint regarding the fraudulent issuance of fake Special Resident Retiree’s Visas (SRRV) to foreign nationals","countries":"","short_title":"PRA prepares criminal complaint over fake SRRVs issued to foreigners","plain_summary":"","year":"2025"},{"event_id":"e-3d286fe4a9","date":"2025","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"context","title":"PRA plans national-security review of the SRRV focusing on Chinese and South Korean nationals","description":"PRA is slated to partner with the National Defense College of the Philippines to identify programme vulnerabilities and Chinese and South Korean nationals involved in criminal syndicates, leading to a National Security Risk Mitigation Plan.","source_id":"phl-pra-ar-2025","location":"PDF p. 65 (report p. 61)","quote":"To identify Chinese and South Korean nationals, including their demographic data, that are involved in criminal syndicates and other illegal activities","countries":"","short_title":"PRA plans national-security review of the SRRV focusing on Chinese and South Korean nationals","plain_summary":"","year":"2025"},{"event_id":"e-53ec6c2983","date":"2025","date_precision":"year","jurisdiction":"THA","program_id":"tha-ltr-wgc","category":"rule_change","title":"LTR visa 2025 criteria update: no income test for Wealthy Global Citizens, wider dependants","description":"The 2025 update removed the personal income requirement for Wealthy Global Citizens, expanded dependants to parents and legal dependants with no limit on their number, dropped work-experience requirements and lowered employer revenue thresholds for other categories.","source_id":"tha-boi-ltr-brochure-2025","location":"p. 2, Wealthy Global Citizens and Dependents (2025 criteria update)","quote":"2025 Criteria Update ` No personal income requirement","countries":"","short_title":"LTR visa 2025 criteria update: no income test for Wealthy Global Citizens, wider dependants","plain_summary":"","year":"2025"},{"event_id":"e-c32cc025bb","date":"2025","date_precision":"year","jurisdiction":"THA","program_id":"tha-privilege","category":"rule_change","title":"Bronze card added as a cheaper visa-focused option","description":"The managing director and the strategy review say a new Bronze card (THB 650,000, 5 years) was introduced for people who mainly want the visa and to compete on price; it made about half of FY2568 card-sale revenue.","source_id":"tha-tpc-ar-2025","location":"PDF p. 13 (printed p. 11), Managing Director's message (p. 11 printed); also p. 27","quote":"ได้ออกผลิตภัณฑ์ใหม่ประเภท Bronze ขึ้น เพื่อเป็นทางเลือกให้กลุ่มคนที่ต้องการบริการด้านวีซ่าเป็นหลัก","countries":"","short_title":"Bronze card added as a cheaper visa-focused option","plain_summary":"","year":"2025"},{"event_id":"e-271e35823d","date":"2025","date_precision":"year","jurisdiction":"THA","program_id":"tha-privilege","category":"rule_change","title":"Applicants holding a second nationality from a watch-list country refused","description":"The company states a policy of not accepting foreigners with two nationalities who apply on a second nationality from a watched country; screening of applicants (especially from Myanmar, Laos, Cambodia) takes longer.","source_id":"tha-tpc-ar-2025","location":"PDF p. 27 (printed p. 25), problems and obstacles, item 1","quote":"บริษัทฯ มีนโยบายในการพิจารณาไม่รับสมัครชาวต่างชาติที่ถือ 2 สัญชาติ และใช้สัญชาติที่สองที่เป็นประเทศเฝ้าระวังมาสมัคร","countries":"","short_title":"Applicants holding a second nationality from a watch-list country refused","plain_summary":"","year":"2025"},{"event_id":"e-f209276e18","date":"2024-12-30","date_precision":"day","jurisdiction":"HUN","program_id":"hun-guest-investor","category":"rule_change","title":"Property purchase route dropped from guest investor programme","description":"Act LXXXIV of 2024 (promulgated 20 Dec 2024, in force 30 Dec 2024), s. 135(2), rewrote s. 16(3) of Act XC of 2023, leaving only property-fund units and the university donation. Telex linked the change to Hungary's housing crisis.","source_id":"hun-njt-act-xc-2023-v2024-12-30","location":"s. 16(3) and footnote 5","quote":"A 16. § (3) bekezdése a 2024. évi LXXXIV. törvény 135. § (2) bekezdésével megállapított szöveg.","countries":"","short_title":"Hungary drops property purchases from its investor visa","plain_summary":"A new Hungarian law removed the residential-property-purchase option from the guest investor programme, leaving only property-fund units and the university donation; reports linked the change to Hungary's housing crisis.","year":"2024"},{"event_id":"e-1e7500d16c","date":"2024-12-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Final deadline for unpaid FY2023-FY2025 Integrity Fund fees; non-payers face termination","description":"USCIS said the FY2025 EB-5 Integrity Fund fee was due from 1 Oct 2024; delinquent FY2023 and FY2024 payments were accepted from 1 Oct to 30 Dec 2024, and USCIS would take steps to terminate any regional center that had not paid all three years by 30 Dec 2024 (the law requires termination 90 days after the fee is due).","source_id":"usa-uscis-web-eb5-whats-new-2025","location":"alert 'NOTICE FOR FISCAL YEAR 2025 INTEGRITY FUND PAYMENTS'","quote":"we will take steps to terminate any regional center that, on or before Dec. 30, 2024, has not paid the required EB-5 Integrity Fund fees for each of FY 2023, FY 2024, and FY 2025.","countries":"","short_title":"Final deadline for unpaid FY2023-FY2025 Integrity Fund fees; non-payers face termination","plain_summary":"","year":"2024"},{"event_id":"e-3034682913","date":"2024-12-20","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Deadline to complete old-rule purchases extended to 28 Feb 2025","description":"Law 5167/2024 (ΦΕΚ Α 207/20.12.2024) art. 37(1) extends the transitional completion deadline in art. 64(4) Law 5100/2024 to 28.2.2025 (per the consolidator's note).","source_id":"grc-law-5100-2024-consolidated","location":"p. 5-6","quote":"παρατάθηκε μέχρι την 28η Φεβρουαρίου 2025 με την παράγραφο 1 του άρθρου 37 του ν. 5167/2024","countries":"","short_title":"Greece extends deadline for old-price property deals","plain_summary":"Greece extended the deadline for completing property purchases under its old, lower investment thresholds to 28 February 2025.","year":"2024"},{"event_id":"e-9c0c81d894","date":"2024-12-18","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"rule_change","title":"Italian venture-capital funds added to the EUR 500k investor visa route","description":"L. 193/2024 (annual competition law 2023), art. 35, rewrites art. 26-bis(1)(b) so the EUR 500,000 route covers Italian venture-capital funds as well as companies; start-up threshold stays EUR 250,000. In force 18 Dec 2024.","source_id":"ita-normattiva-l-193-2024-art35","location":"art. 35, comma 1","quote":"di una società o di un fondo di venture capital costituiti e operanti in Italia","countries":"","short_title":"Italy adds venture-capital funds to its investor visa","plain_summary":"A new Italian law extended the €500,000 investor-visa route to cover investments in Italian venture-capital funds, not just companies, while the €250,000 start-up investment threshold stayed the same.","year":"2024"},{"event_id":"e-db4cfda328","date":"2024-12-04","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"Cabinet agrees Growth ($5m) and Balanced ($10m) categories for Active Investor Plus","description":"Cabinet decision (minute of 4 December 2024, CAB-24-MIN-ECO-0290 as listed on the coversheet) on the Minister of Immigration's paper: replace the weighting system with a Growth category ($5 million, three years, 21 days in NZ) and a Balanced category ($10 million, five years, 105 days, bonds and property allowed), six months to transfer and invest, no English requirement; go-live planned for end of February 2025 (implemented 1 April 2025).","source_id":"nzl-mbie-cab-investor-2024","location":"Coversheet; paras 7, 19-20 and recommendation 5","quote":"introduce two simplified investment pathways under the AIP visa that require applicants to choose from either ‘Growth’ ($5 million minimum investment) or ‘Balanced’ ($10 million minimum investment) categories","countries":"","short_title":"Cabinet agrees Growth ($5m) and Balanced ($10m) categories for Active Investor Plus","plain_summary":"","year":"2024"},{"event_id":"e-02ea5647f2","date":"2024-11-30","date_precision":"day","jurisdiction":"TUR","program_id":"tur-property-residence","category":"rule_change","title":"Turkey lets the Ministry set the value of property that qualifies for short-term residence (Law 7533)","description":"Law 7533 art. 35 (dated 21 Nov 2024) adds art. 31(6) to Law 6458: the qualities and value of real property on which a short-term residence permit is based are determined by the Ministry. In force 30 Nov 2024 per the list of amending acts.","source_id":"tur-mevzuat-law6458-consol","location":"PDF p. 12, art. 31(6); PDF p. 47, list of amending acts","quote":"7533             31, 53, Ek Madde 2, Geçici Madde 3            30/11/2024","countries":"","short_title":"Turkey lets the Ministry set the value of property that qualifies for short-term residence (Law 7533)","plain_summary":"","year":"2024"},{"event_id":"e-da4de026e1","date":"2024-11-01","date_precision":"day","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"rule_change","title":"Federal tourism commissioner delegates S-MM2H agent licensing to Sarawak","description":"Powers under the Tourism Industry Act 1992 over S-MM2H agents delegated to the Permanent Secretary of the Sarawak tourism ministry, effective 1 Nov 2024; new applicant and agent requirements approved by the state Cabinet on 24 Oct 2024, effective 1 Jan 2025.","source_id":"mys-swk-mtcp-smm2h-approvals-2024","location":"para 5","quote":"according to subsection 4(2) of Act 482 effective Nov 1, 2024 which applies to S-MM2H program in Sarawak","countries":"","short_title":"Federal tourism commissioner delegates S-MM2H agent licensing to Sarawak","plain_summary":"","year":"2024"},{"event_id":"e-5b0c1aa51d","date":"2024-10-24","date_precision":"day","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"rule_change","title":"Sarawak Cabinet approves new S-MM2H application requirements and agent licensing guidelines (effective 1 Jan 2025)","description":"After a lab with panel members and a roundtable with S-MM2H agents on 5 Sep 2024, the Sarawak Cabinet approved the latest S-MM2H application requirements and agent licensing guidelines on 24 Oct 2024, to take effect from 1 Jan 2025.","source_id":"mys-swk-mtcp-smm2h-approvals-2024","location":"paras 8-11","quote":"A roundtable discussion was also held with all the S- MM2H agents on Sept 5 at The Waterfront Hotel, and subsequently, it was approved by the Cabinet on Oct 24","countries":"","short_title":"Sarawak Cabinet approves new S-MM2H application requirements and agent licensing guidelines (effective 1 Jan 2025)","plain_summary":"","year":"2024"},{"event_id":"e-0b7bd41fe1","date":"2024-10-16","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"rule_change","title":"Residential property of HK$50 million or more allowed","description":"Following the 2024 Policy Address, residential property may count if a single property costs HK$50m or more; all real estate together still counts for at most HK$10m.","source_id":"hkg-investhk-pr-new-cies-residential-2024","location":"para 1","quote":"with effect from October 16, 2024, an applicant under the New Capital Investment Entrant Scheme (New CIES) is allowed to invest in residential properties, provided that the transaction price of a single property must be HK$50 million or above.","countries":"","short_title":"Hong Kong allows homes costing HK$50 million or more to count","plain_summary":"From 16 October 2024, following the policy address, residential property can count if a single property costs HK$50 million or more. All real estate together still counts for at most HK$10 million.","year":"2024"},{"event_id":"e-cac246d0bd","date":"2024-10-15","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"price_change","title":"B/.300,000 property threshold made permanent; presale rules widened (DE 193)","description":"Decreto Ejecutivo 193 of 15 Oct 2024 (Gaceta 30140-B) sets the minimum at B/.300,000 for real estate and presale contracts with no end date, allows 100% payment to developers backed by a bank guarantee, and co-ownership between spouses and dependants. Securities (B/.500,000) and deposits (B/.750,000) unchanged.","source_id":"pan-go-de193-2024","location":"pp. 9-12, arts. 1-3 (deposit route new art. 3(4) and co-ownership new art. 3A on p. 12; OCR)","quote":"una inversión por un monto mínimo desde trescientos mil balboas","countries":"","short_title":"Panama makes its lower property-investment threshold permanent","plain_summary":"Panama made its B/.300,000 minimum real-estate investment for residence permanent, widened presale-contract rules, and allowed full payment to developers backed by a bank guarantee and co-ownership between spouses and dependants.","year":"2024"},{"event_id":"e-1b4c5e8ca9","date":"2024-10-15","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"rule_change","title":"Solvencia Económica real-estate applicants since 2020 may switch to the Qualified Investor route (DE 193)","description":"Art. 4 of Decreto Ejecutivo 193 rewrites art. 10 of DE 722 (the old transitional article): foreigners with pending or started applications for a provisional permit under Solvencia Económica Propia by real-estate investment since 2020 may change to permanent residence as Qualified Investor by real-estate investment if they meet the requirements of art. 4. The decree takes effect on promulgation (art. 6).","source_id":"pan-go-de193-2024","location":"p. 12, arts. 4 and 6 (OCR)","quote":"podrán solicitar el cambio de su estatus migratorio a la subcategoría de Residente Permanente en calidad de Inversionista Calificado por Inversión en Bienes Inmuebles","countries":"","short_title":"Solvencia Económica real-estate applicants since 2020 may switch to the Qualified Investor route (DE 193)","plain_summary":"","year":"2024"},{"event_id":"e-e98f5e7931","date":"2024-09-16","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"rule_change","title":"Online applications opened; paper forms until 15 October 2024","description":"Applicants can submit the Net Asset Assessment and Assessment on Investment Requirements forms online; paper forms accepted on or before 15 October 2024. A Certified Public Accountant (Practising) must be engaged, at the applicant's cost, to issue the fulfilment documents before submitting.","source_id":"hkg-investhk-pr-new-cies-online-2024","location":"paras 1-2","quote":"Invest Hong Kong (InvestHK) announced today (September 16) that the applicants of the New Capital Investment Entrant Scheme (the New CIES) can now submit application forms for Net Asset Assessment and Assessment on Investment Requirements online.","countries":"","short_title":"Online applications opened; paper forms until 15 October 2024","plain_summary":"","year":"2024"},{"event_id":"e-f2487c0e1d","date":"2024-08-29","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"Third US-Caribbean Roundtable on CBI (Grenada): four of six principles fully implemented","description":"The five Eastern Caribbean CBI states (Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, Saint Lucia) and the US Treasury met in Grenada. All five were reported to have fully implemented Principles 1 (treatment of denials), 2 (interviews), 3 (FIU checks) and 6 (suspension of applications from Russians and Belarusians); audits and retrieval of revoked passports were still being implemented. The March 2024 MOA was signed by all five, and an Interim Regulatory Commission was to be appointed to set up the regional regulator.","source_id":"intl-eccb-us-roundtable-2024","location":"paras 1, 4-6","quote":"On 29 August 2024, the five Eastern Caribbean countries 1 that offer Citizenship by Investment (CBI) Programmes and the United States Department of the Treasury held a productive Roundtable in Grenada","countries":"ATG;DMA;GRD;KNA;LCA;USA","short_title":"Third US-Caribbean Roundtable on CBI (Grenada): four of six principles fully implemented","plain_summary":"","year":"2024"},{"event_id":"e-9754ec1a97","date":"2024-08-19","date_precision":"day","jurisdiction":"ZMB","program_id":"zmb-investor-permit","category":"price_change","title":"Zambia revises immigration fees: investor's permit ZMW 16,000","description":"The Department of Immigration applies revised fees from 19 Aug 2024 after SI 25 of 2024 raised the fee unit from 30 to 40 ngwee: investor's permit issuance ZMW 16,000, renewal ZMW 20,000.","source_id":"zmb-doi-fees-notice-2024","location":"p. 1","quote":"with effect from Monday, 19th August, 2024 implement revised fees for Immigration Services","countries":"","short_title":"Zambia revises immigration fees: investor's permit ZMW 16,000","plain_summary":"","year":"2024"},{"event_id":"e-02671ad72e","date":"2024-07-31","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"closure","title":"BIIP closed to new applications (visa website date)","description":"The department's \"BIIP closure and refunds\" page says the BIIP closed permanently to new applications on 31 July 2024, and offers refunds of the visa charge to applicants (Investor, Significant Investor and other streams) who withdraw on or after that date.","source_id":"aus-dha-immi-biip-closure-2026","location":"page text","quote":"closed permanently to new applications on 31 July 2024","countries":"","short_title":"Australia's investor-visa programme closes, website says","plain_summary":"Australia's immigration website says the Business Innovation and Investment Program closed permanently to new applications on 31 July 2024, and offers refunds of visa charges to applicants who withdraw from that date.","year":"2024"},{"event_id":"e-a7c7411d21","date":"2024-07-31","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"closure","title":"Significant Investor stream closed to new applications","description":"The Significant Investor stream page states the stream closed to new applications on 31 July 2024.","source_id":"aus-dha-immi-siv-stream-2026","location":"page text","quote":"This stream closed to new applications on 31 July 2024.","countries":"","short_title":"Australia's Significant Investor visa stream closes to applicants","plain_summary":"Australia's Significant Investor stream, aimed at wealthy investors, closed to new applications on 31 July 2024, according to the immigration department's visa webpage.","year":"2024"},{"event_id":"e-5f113108ff","date":"2024-07-25","date_precision":"day","jurisdiction":"IDN","program_id":"idn-golden-visa","category":"launch","title":"Golden Visa Indonesia launched","description":"Indonesia launched golden visas giving investors and other categories 5- or 10-year stay permits.","source_id":"idn-imigrasi-gv-2026-05","location":"para 1","quote":"semenjak peluncurannya pada 25 Juli 2024","countries":"","short_title":"Indonesia launches its Golden Visa","plain_summary":"On 25 July 2024 Indonesia launched golden visas giving investors and other categories five- or ten-year stay permits.","year":"2024"},{"event_id":"e-f7bb9f57ba","date":"2024-07-02","date_precision":"day","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"rule_change","title":"Federal tourism ministry letter empowers Sarawak to license S-MM2H businesses and set terms for applicants and agents","description":"The Sarawak minister said a 2 July 2024 letter from the federal Tourism, Arts and Culture Ministry delegated to his ministry the licensing of local tourism businesses on S-MM2H, with authority to set terms for applicants and agents. Another stored source dates the delegation of agent licensing to 1 Nov 2024 (commissioner's delegation); both are kept.","source_id":"mys-swk-mtcp-smm2h-agents-2024","location":"paras 2-3","quote":"This was conveyed in a July 2 letter from the federal Tourism, Arts and Culture Ministry, he added.","countries":"","short_title":"Federal tourism ministry letter empowers Sarawak to license S-MM2H businesses and set terms for applicants and agents","plain_summary":"","year":"2024"},{"event_id":"e-e77cddcb1e","date":"2024-07-02","date_precision":"day","jurisdiction":"SGP","program_id":"","category":"scandal","title":"Six tax-incentivised family-office funds linked to convicted persons; tax benefits withdrawn","description":"Six single family office funds that received MAS tax incentives were linked to people convicted in the money-laundering case or their spouses; benefits withdrawn from the year of charge or conviction, earlier benefits not clawed back.","source_id":"sgp-parl-wa-sfo-ml-2024","location":"written answer, para 1","quote":"A total of six single family office (SFO) funds which were awarded SFO tax incentives have been identified to be linked to individuals who have been convicted in relation to the money laundering case or their spouses.","countries":"","short_title":"Singapore pulls tax breaks from funds tied to scandal","plain_summary":"Singapore withdrew tax incentives from six single family-office funds found to be linked to people convicted in the money-laundering case or their spouses, though earlier benefits were not clawed back.","year":"2024"},{"event_id":"e-a773f1c11a","date":"2024-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"closure","title":"BIIP subclass 188 closed to new applications (Migration Program report date)","description":"The 2024-25 Migration Program report says the BIIP (subclass 188) closed permanently to new applications on 1 July 2024; applications on hand continue to be processed. The department's visa pages give 31 July 2024 instead (see next event); the two official dates conflict.","source_id":"aus-dha-mp-report-2024-25","location":"p. 10","quote":"The BIIP (subclass 188) closed permanently to new applications on 1 July 2024.","countries":"","short_title":"Australia's investor-visa stream closes, one official date says","plain_summary":"A government report says Australia's Business Innovation and Investment visa (subclass 188) closed permanently to new applications on 1 July 2024, though the visa website gives a different date of 31 July 2024.","year":"2024"},{"event_id":"e-69a2b49c00","date":"2024-06-23","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"price_change","title":"OECS statement: 1 July 2024 cutoff for old CBI pricing","description":"IMI Daily reports an OECS statement of 23 June confirming that the Caribbean CBI countries were going ahead with the Memorandum of Agreement and that 1 July would be the cutoff date for the old pricing.","source_id":"atg-imidaily-2024-06","location":"paragraph on the MoA","quote":"statement on June 23rd confirming that Caribbean CIP countries were pressing ahead with the MoA’s stipulations and that July 1st would be the cutoff date for the old pricing model","countries":"","short_title":"OECS statement: 1 July 2024 cutoff for old CBI pricing","plain_summary":"","year":"2024"},{"event_id":"e-f51d23d646","date":"2024-06-23","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"AIP instructions clarify that only the funds needed to reach the threshold must be invested","description":"Amended BN3 (effective 23 June 2024): after the first transfer, the principal applicant must transfer 'the remainder of the funds required to meet the minimum investment threshold (NZ$15 million or weighted equivalent)' into holding and/or acceptable investments; the 2022 text required the remainder of all nominated funds.","source_id":"nzl-inz-ops-bn3-2024","location":"BN3 (a)(viii) (effective 23/06/2024)","quote":"the principal applicant has transferred the remainder of the funds required to meet the minimum investment threshold (NZ$15 million or weighted equivalent)","countries":"","short_title":"AIP instructions clarify that only the funds needed to reach the threshold must be invested","plain_summary":"","year":"2024"},{"event_id":"e-57aabd10a2","date":"2024-06-09","date_precision":"day","jurisdiction":"BMU","program_id":"bmu-eirc","category":"rule_change","title":"Government bonds removed as a qualifying investment","description":"Bermuda dropped Government bonds from EIRC investments because ownership was hard to track for five years and no new bonds were planned; one application (two holders, $2.6m) had used the route.","source_id":"bmu-mel-eirc-bonds-2024","location":"para 3","quote":"Bermuda Government bonds are removed from the list of qualifying investment options with immediate effect.","countries":"","short_title":"Bermuda removes government bonds as a qualifying investment","plain_summary":"On 9 June 2024 Bermuda dropped government bonds as ownership was hard to track for five years and no new bonds were planned. One application, with BD$2.6 million, had used it.","year":"2024"},{"event_id":"e-43ee33e8a2","date":"2024-06","date_precision":"month","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"context","title":"First formal approvals under the New CIES","description":"ImmD grants the first formal approvals (3 by 30 June 2024).","source_id":"hkg-investhk-pr-new-cies-first-batch-2024","location":"para 1","quote":"In June, the Immigration Department approved the first batch of visa applications under the New Capital Investment Entrant Scheme (CIES), with Formal Approval granted in less than three months.","countries":"","short_title":"Hong Kong grants first approvals under new investor scheme","plain_summary":"In June 2024 the immigration department approved the first batch of applications, with formal approval granted in under three months. The record counts three approvals by 30 June 2024.","year":"2024"},{"event_id":"e-21765388fa","date":"2024-06","date_precision":"month","jurisdiction":"MCO","program_id":"mco-residence","category":"context","title":"Monaco placed under FATF increased monitoring (grey list)","description":"The FATF statement of June 2026 dates Monaco's high-level political commitment to work with the FATF and MONEYVAL, i.e. its listing under increased monitoring, to June 2024.","source_id":"intl-fatf-increased-monitoring-2026-06","location":"Monaco section","quote":"In June 2024, Monaco made a high-level political commitment to work with the FATF and MONEYVAL to strengthen the effectiveness of its AML/CFT regime.","countries":"","short_title":"Monaco placed under FATF increased monitoring (grey list)","plain_summary":"","year":"2024"},{"event_id":"e-f1170083ee","date":"2024-06","date_precision":"month","jurisdiction":"MYS","program_id":"mys-mm2h","category":"price_change","title":"Tiered MM2H rules (Platinum, Gold, Silver, SEZ)","description":"The tourism minister released new guidelines with three tiers and a special economic/financial zone category, US$150,000-1m deposits and compulsory home purchases of RM600,000-2m.","source_id":"mys-nst-mm2h-approvals-2025","location":"para 6","quote":"In June last year, Tiong released the latest guidelines for the MM2H programme with three categories: silver, gold, and platinum","countries":"","short_title":"Malaysia issues tiered My Second Home rules","plain_summary":"In June 2024 the tourism minister released guidelines with silver, gold and platinum tiers and a special economic zone category. Deposits run US$150,000 to US$1 million; compulsory home purchases 600,000 to 2 million ringgit.","year":"2024"},{"event_id":"e-69e0b01ebe","date":"2024-05-30","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"context","title":"Practitioners say permanent residents were flipping qualifying property","description":"Reacting to the 10-year hold, a former MP and lawyer said holders had obtained permanent residency and then sold the qualifying property.","source_id":"bhs-tribune-epr-2024","location":"quote from Richard Lightbourn","quote":"People were getting permanent residency, saying thank you very much and selling the place.","countries":"","short_title":"Lawyer says Bahamas permanent residents were selling qualifying property","plain_summary":"Reacting to the 10-year hold, a former member of parliament and lawyer said holders had obtained permanent residency and then sold the qualifying property.","year":"2024"},{"event_id":"e-2ccd51aa65","date":"2024-05-29","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"price_change","title":"Budget raises the economic PR minimum to $1 million and adds Central Bank bonds","description":"The 2024/25 Budget Communication announced a $1.0 million minimum in real estate and/or Central Bank zero coupon bonds, held for 10 years, from 1 January 2025, and a ban on qualifying through deeds of gift.","source_id":"bhs-mof-budget-comm-2024","location":"p. 54","quote":"This will now increase to $1.0 million in real estate investments and or the purchase of Zero Coupon Bonds from the Central Bank of The Bahamas.","countries":"","short_title":"Bahamas budget raises permanent residence minimum, adds central bank bonds","plain_summary":"The 2024/25 budget set a minimum of B$1.0 million in real estate or central bank zero coupon bonds, held 10 years, from 1 January 2025. Deeds of gift were banned.","year":"2024"},{"event_id":"e-d5dba16258","date":"2024-04-26","date_precision":"day","jurisdiction":"NLD","program_id":"nld-investor-residence","category":"rule_change","title":"Vreemdelingencirculaire B11/2.2 rewritten after the investor scheme ended","description":"WBV 2024/10 (signed 24 Apr 2024, Staatscourant 26 Apr 2024, in force the day after publication) states that the policy ended on 17 April 2024: new applications are refused, applications filed before 17 April 2024 are still handled under the old rules, and renewals of existing permits remain possible. The explanatory note cites EU concerns about money laundering and the amendment of the Vreemdelingenbesluit (Staatsblad 2024, 83 of 16 April 2024).","source_id":"nld-stcrt-2024-13488","location":"PDF pp. 1, 3-4","quote":"Verlengingsaan- vragen van bestaande verblijfsvergunningen als vermogende vreemdeling blijven ook na 17 april 2024 mogelijk.","countries":"","short_title":"Vreemdelingencirculaire B11/2.2 rewritten after the investor scheme ended","plain_summary":"","year":"2024"},{"event_id":"e-3af853fb2a","date":"2024-04-17","date_precision":"day","jurisdiction":"NLD","program_id":"nld-investor-residence","category":"closure","title":"Dutch investor residence permit abolished","description":"Staatsblad 2024, 83 (issued 16 Apr 2024, in force the next day) removes the wealthy-foreigner ground; the policy rules state that new applications from 17 Apr 2024 are refused, while pending applications and renewals are still handled. (Not 1 Jan 2024 as sometimes stated.)","source_id":"nld-stcrt-2024-13488","location":"PDF p. 1, B11/2.2","quote":"Het beleid voor een vreemdeling om in aanmerking te komen voor een verblijfsvergunning regulier voor bepaalde tijd als vermogende vreemdeling is per 17 april 2024 beëindigd.","countries":"","short_title":"Netherlands ends its residence permit for wealthy foreigners","plain_summary":"New applications from 17 April 2024 are refused, while pending applications and renewals are still handled. The record notes it was not 1 January 2024, as sometimes stated.","year":"2024"},{"event_id":"e-71c2a1163e","date":"2024-04-09","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"context","title":"Council of Ministers studies report to abolish real-estate golden visas","description":"The Housing Minister presents a report to the Council of Ministers proposing to amend Ley 14/2013 to end residence permits for property investment, citing housing pressure (up to 7.1% of home sales in Marbella and 5.3% in Barcelona linked to such investments) and 14,576 grants since 2013.","source_id":"esp-moncloa-referencia-cmin-2024-04-09","location":"item 'Fin de las golden visa inmobiliarias'","quote":"El Consejo de ministros ha sido informado sobre la propuesta de modificación del régimen de residencia por inversión (Golden Visa)","countries":"","short_title":"Spain's cabinet studies plan to end property golden visas","plain_summary":"Spain's housing minister presented a report proposing to end residence permits for property investment, citing housing pressure linked to up to 7.1% of home sales in Marbella, and 14,576 permits granted since 2013.","year":"2024"},{"event_id":"e-a6caccda27","date":"2024-04-05","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"price_change","title":"Law 5100/2024: EUR 800,000 / EUR 400,000 thresholds, EUR 250,000 only for conversions and listed buildings","description":"Art. 64 Law 5100/2024 (ΦΕΚ Α 49/5.4.2024) replaces art. 100: EUR 800,000 in Attica, Thessaloniki regional unit, Mykonos, Thira and islands >3,100 inhabitants; EUR 400,000 elsewhere; single property of at least 120 m2; transitional deposit deadline 31.8.2024.","source_id":"grc-law-5100-2024-consolidated","location":"p. 1-2, 5","quote":"καθορίζονται σε οκτακόσιες χιλιάδες (800.000) ευρώ","countries":"","short_title":"Greece raises property thresholds to EUR 800,000 in prime areas","plain_summary":"Greece raised the minimum property investment for residence to EUR 800,000 in areas including Athens, Thessaloniki, Mykonos and Santorini, and EUR 400,000 elsewhere, requiring a single property of at least 120 square metres.","year":"2024"},{"event_id":"e-c2fbb61f39","date":"2024-04-05","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Short-term rental of Golden Visa properties banned; EUR 50,000 fine","description":"Law 5100/2024 adds art. 100(7A): properties used for Golden Visa may not be let short-term or sublet; permit revoked and EUR 50,000 fine on breach.","source_id":"grc-law-5100-2024-consolidated","location":"p. 4, para 7A","quote":"απαγορεύεται να εκμισθώνονται βραχυχρόνια στο πλαίσιο της οικονομίας του διαμοιρασμού","countries":"","short_title":"Greece bans short-term letting of golden-visa properties","plain_summary":"Greece banned owners from renting out short-term the properties used to qualify for its residence-by-investment permit, with a EUR 50,000 fine and permit revocation for breaking the rule.","year":"2024"},{"event_id":"e-3802145043","date":"2024-04-01","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Residence for naturalisation counted from the date the permit was applied for","description":"Organic Law 1/2024 (in force on the first day of the month after publication on 5 Mar 2024) counts legal residence from the application for a temporary residence permit, if granted, which helped investors facing long ARI backlogs.","source_id":"prt-lo-1-2024","location":"PDF p. 3","quote":"considera-se igualmente o tempo decorrido desde o momento em que foi requerida a autorização de residência","countries":"","short_title":"Portugal lets investors count residence from permit application date","plain_summary":"A new Portuguese law lets residence for citizenship be counted from when a temporary residence permit was first applied for, helping golden-visa investors facing long processing backlogs.","year":"2024"},{"event_id":"e-3f9fa57a22","date":"2024-04-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"USCIS fee rule raises EB-5 filing fees (I-526 to USD 11,160)","description":"General USCIS fee rule effective 1 April 2024: I-526/I-526E from USD 3,675 to 11,160, I-829 from 3,750 to 9,525, regional center applications USD 47,695. Stayed for EB-5 forms on 12 Nov 2025.","source_id":"usa-fr-uscis-fee-rule-2024","location":"PDF p. 1 (89 FR 6194), DATES","quote":"This final rule is effective April 1, 2024.","countries":"","short_title":"US raises investor-visa filing fees sharply","plain_summary":"A new US immigration fee rule raised the main investor-visa filing fee from US$3,675 to US$11,160, the final-approval fee from US$3,750 to US$9,525, and regional-center fees to US$47,695.","year":"2024"},{"event_id":"e-c9f33ca397","date":"2024-03-20","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"visa_access","title":"Suspension extended to dual nationals holding a Russian or Belarusian passport","description":"Following a Foreign Ministry (MAECI) note of 20 Mar 2024 implementing EU Recommendation C(2022) 2028, the programme is suspended for non-EU citizens with a second, Russian or Belarusian, passport.","source_id":"ita-mimit-iv4i-home-en-2026","location":"home page notice (**)","quote":"Following the MAECI note of 20/03/2024 implementing the EU Recommendation C (2022) 2028","countries":"","short_title":"Italy extends visa suspension to dual Russian or Belarusian nationals","plain_summary":"Italy extended its suspension of the Investor Visa programme to non-EU citizens who also hold a Russian or Belarusian passport, following an EU recommendation.","year":"2024"},{"event_id":"e-819e3b8dde","date":"2024-03-19","date_precision":"day","jurisdiction":"DOM","program_id":"dom-investor-residence","category":"rule_change","title":"Investor residence procedures added to the single investment window","description":"ProDominicana integrated the migration office's residence-by-investment procedures into its Ventanilla Única de Inversión.","source_id":"dom-presidencia-vui-2024","location":"para 1","quote":"informó sobre la incorporación de los trámites de residencia por inversión del departamento de Migración en la Ventanilla Única de Inversión (VUI)","countries":"","short_title":"Dominican Republic adds investor residence to its single investment window","plain_summary":"The investment promotion agency integrated the migration office's residence-by-investment procedures into its one-stop investment window.","year":"2024"},{"event_id":"e-17c359b291","date":"2024-03-15","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Site visit required before deciding post-2022 regional-center conditions-removal petitions","description":"From 15 March 2024 the 2022 Act requires USCIS to conduct a site visit to the new commercial enterprise or business location before adjudicating a petition to remove conditions based on a petition filed after the Act.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 78 (91 FR 40753)","quote":"on or after March 15, 2024, USCIS must conduct a site visit to the relevant new commercial enterprise or business location identified in the regional center application before adjudicating any associated petition to remove conditions","countries":"","short_title":"Site visit required before deciding post-2022 regional-center conditions-removal petitions","plain_summary":"","year":"2024"},{"event_id":"e-39e8b35393","date":"2024-03-01","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"applications_open","title":"New Capital Investment Entrant Scheme opens","description":"InvestHK opens the New CIES for applications (earlier than the mid-2024 date first announced).","source_id":"hkg-investhk-pr-new-cies-opens-2024","location":"para 1","quote":"The new Capital Investment Entrant Scheme (the Scheme) is open for application today (March 1).","countries":"","short_title":"Hong Kong's new Capital Investment Entrant Scheme opens","plain_summary":"On 1 March 2024 Hong Kong opened the new scheme for applications, earlier than the mid-2024 date first announced.","year":"2024"},{"event_id":"e-7113967a94","date":"2024-02-23","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"context","title":"FATF removes the UAE from increased monitoring","description":"FATF finds the UAE has completed its action plan and removes it from the grey list.","source_id":"intl-fatf-increased-monitoring-2024-02","location":"UAE section","quote":"The FATF welcomes the UAE’s significant progress in improving its AML/CFT regime.","countries":"","short_title":"Global money-laundering watchdog clears the United Arab Emirates from its grey list","plain_summary":"The global money-laundering watchdog found the United Arab Emirates had completed its action plan and removed it from increased monitoring, often called a \"grey list\".","year":"2024"},{"event_id":"e-e73dd204fd","date":"2024-02-20","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Court dismisses second challenge to the Integrity Fund fee (D.D.C.)","description":"EB5 Holdings, Inc. v. Jaddou, 23-cv-1180 (D.D.C.): order granting DHS's motion to dismiss, rejecting the argument that pre-2022 regional centers are exempt from the Integrity Fund fee. Decision not retrieved.","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 16 (90 FR 48531), footnote 52","quote":"EB5 Holdings, Inc. v. Jaddou, 23–cv–1180 (D.D.C. Feb. 20, 2024) (order granting DHS's motion to dismiss)","countries":"","short_title":"Court dismisses second challenge to the Integrity Fund fee (D.D.C.)","plain_summary":"","year":"2024"},{"event_id":"e-80c8a42616","date":"2024-01-26","date_precision":"day","jurisdiction":"FRA","program_id":"fra-passeport-talent-investor","category":"rule_change","title":"France renames the investor residence card \"talent-porteur de projet\" (Law 2024-42)","description":"Law No 2024-42 of 26 January 2024 (art. 30) gives L. 421-16 CESEDA its current wording: the multi-year card for a foreigner making a direct economic investment in France (up to four years) is named \"talent-porteur de projet\" instead of \"passeport talent\". Date is the law's date; the consolidated code does not print when this wording took effect.","source_id":"fra-codesdroit-ceseda-2026","location":"L. 421-16, article header and text","quote":"Se voit délivrer une carte de séjour pluriannuelle portant la mention “ talent-porteur de projet ” d'une durée maximale de quatre ans, l'étranger qui se trouve dans l'une des situations suivantes :","countries":"","short_title":"France renames the investor residence card \"talent-porteur de projet\" (Law 2024-42)","plain_summary":"","year":"2024"},{"event_id":"e-b3642f829d","date":"2024-01-18","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"Wind-down rules for pending applications published","description":"The department set out categories and priorities for project applications on hand at closure, saying it would take a number of years to decide them all.","source_id":"irl-isd-iip-processing-2023","location":"ISD notice","quote":"Given the volume of applications on hand, it is expected to take a number of years to process the remaining categories of applications to final decision","countries":"","short_title":"Ireland sets out plan for leftover investor-visa applications","plain_summary":"Ireland's department published categories and priorities for processing the applications left over from its closed Immigrant Investor Programme, saying it would take several years to decide them all.","year":"2024"},{"event_id":"e-f1a88ff42d","date":"2024-01-18","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Regulation adapts golden-visa rules to Mais Habitação and AIMA","description":"Decreto Regulamentar 1/2024 (published 17 Jan 2024, in force the next day) amends the 2007 immigration regulation: AIMA's board decides ARI applications; the 20% low-density reduction applies only to job creation, research and culture; proof of investment is checked in agency databases (AICEP, Banco Português de Fomento, ANI, GEPAC, social security); permanent ARI for holders and families is not lost through absences; renewals of real-estate and capital-transfer ARIs follow the entrepreneur-immigrant rules; ARI fees are those of Portaria 307/2023.","source_id":"prt-dr-1-2024","location":"PDF p. 29-31 (arts. 65-A, 65-D, 65-K) and p. 49-50 (art. 5)","quote":"Os investimentos previstos nas subalíneas ii), v) e vi) da alínea d) do n.º 1 do artigo 3.º","countries":"","short_title":"Regulation adapts golden-visa rules to Mais Habitação and AIMA","plain_summary":"","year":"2024"},{"event_id":"e-38ef541867","date":"2024-01-10","date_precision":"day","jurisdiction":"SAU","program_id":"sau-premium-residency","category":"rule_change","title":"Premium Residency Law amended: products and fees delegated, age limit and 'no citizenship' clause removed","description":"Royal Decree M/84 (11/6/1445H) amends the law: CEDA sets products and fees; the minimum age of 21 is repealed; Art. 8 on tax residence and Art. 11(2), which said premium residency gives no right to Saudi citizenship, are repealed.","source_id":"sau-uqn-prl-amendment-2024","location":"items 4, 5, 9, 12","quote":"إلغاء الفقرة (2) من المادة (الحادية عشرة)، التي نصت على الآتي: \"لا تخِوّل الإقامة المميزة حاملها الحق في الحصول على الجنسية السعودية\"","countries":"","short_title":"Saudi Arabia amends its Premium Residency Law","plain_summary":"A January 2024 decree let a government council set products and fees. It removed the minimum age of 21 and repealed the clause saying premium residency gives no right to citizenship.","year":"2024"},{"event_id":"e-c3bcc1f503","date":"2024-01-10","date_precision":"day","jurisdiction":"SAU","program_id":"sau-premium-residency","category":"rule_change","title":"Five new premium residency products launched, including business investor and property owner","description":"The chairman of the Premium Residency Center announces five products: exceptional competence, talent, business investor, entrepreneur and property owner.","source_id":"sau-spa-prc-five-products-2024","location":"para 2","quote":"إقامة كفاءة استثنائية، وإقامة موهبة، وإقامة مستثمر أعمال، وإقامة رائد أعمال، وإقامة مالك عقار","countries":"","short_title":"Saudi Arabia launches five new premium residency products","plain_summary":"The chairman of the Premium Residency Center announced five products: exceptional competence, talent, business investor, entrepreneur and property owner.","year":"2024"},{"event_id":"e-b377833942","date":"2024-01-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Overhauled Quebec Investor Program takes effect","description":"Décret 1570-2023 replaced the investor conditions from 1 Jan 2024: C$1,000,000 placement plus C$200,000 non-refundable contribution, oral French level 7, a work permit and minimum stays in Quebec; the ministry expected applications to fall from 1,900 to about 165 a year. Investissement Québec data show C$1 million of placements in 2024-25 and C$3 million to Dec 2025.","source_id":"can-goq-riq-dec1570-2023","location":"art. 61 (in force) and art. 13","quote":"des articles 13 à 28","countries":"","short_title":"Quebec's overhauled Investor Program takes effect","plain_summary":"From 1 January 2024 Quebec required a C$1,000,000 placement plus a C$200,000 non-refundable contribution, spoken French, a work permit and minimum stays. The ministry expected applications to fall from 1,900 to about 165 a year.","year":"2024"},{"event_id":"e-9fb11f9a18","date":"2024-01-01","date_precision":"day","jurisdiction":"HUN","program_id":"hun-guest-investor","category":"launch","title":"Guest investor visa and residence permit created","description":"Act XC of 2023 (promulgated 21 Dec 2023, in force 1 Jan 2024) creates a six-month guest investor visa and a 10-year guest investor residence permit (renewable for 10 years) for EUR 250,000 in property-fund units, EUR 500,000 in residential property or a EUR 1,000,000 university donation.","source_id":"hun-mk-act-xc-2023","location":"PDF pp. 28, 32, 125 (ss. 16, 22, 285)","quote":"Ez a törvény – a (2)–(5) bekezdésben foglalt kivétellel – 2024. január 1-jén lép hatályba.","countries":"","short_title":"Hungary launches a new guest investor visa and permit","plain_summary":"Hungary created a six-month guest investor visa and a renewable 10-year residence permit for investors who put €250,000 into property funds, buy €500,000 in residential property, or donate €1,000,000 to a university.","year":"2024"},{"event_id":"e-266e22093f","date":"2024-01-01","date_precision":"day","jurisdiction":"TWN","program_id":"twn-apr-investment","category":"rule_change","title":"Taiwan Immigration Act amendment of 28 June 2023 takes effect for the residence and permanent-residence articles (incl. arts. 9, 10, 23, 25, 31-33)","description":"Promulgated 28 June 2023; the Executive Yuan set 1 January 2024 for arts. 3, 5, 6, 8-10, 12, 21, 22-23-1, 25, 26, 31-33, 52, 55-57 and others, and 1 March 2024 for the rest. The history does not show what changed.","source_id":"twn-moj-immigration-act-history-2026","location":"amendment history, entry 12","quote":"中華民國一百十二年十二月六日行政院院臺法字第 1121043343 號令 發布第 3、5、6、8～10、12、21、22～23-1、25、26、31～33、52 、55～57、65、75、76、78～80、86、87，及刪除第七章（第 40～ 46 條），定自一百十三年一月一日施行","countries":"","short_title":"Taiwan Immigration Act amendment of 28 June 2023 takes effect for the residence and permanent-residence articles (incl. arts. 9, 10, 23, 25, 31-33)","plain_summary":"","year":"2024"},{"event_id":"e-ae849468f4","date":"2024","date_precision":"year","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"rule_change","title":"MRVP certificates issued after the 2021-22 deadlines declared valid (L.N. 56 of 2024)","description":"Regulation 11 of the MRVP Regulations, marked as amended by L.N. 56 of 2024, now lets the agency extend any time limit for a valid reason and declares valid for all purposes certificates issued for applications concluded after the deadlines in regulation 5(3A) and (3B) (end-2021 / 31 Mar 2022). The consolidation does not show which words L.N. 56 of 2024 inserted, and the date of the notice is not printed (point-in-time 5 Mar 2024).","source_id":"mlt-sl-217-18-2024","location":"PDF p. 14, reg. 11(3)-(4), margin note \"Amended by: L.N. 56 of 2024\"","quote":"Certificates issued by the Malta Residence and Visa Agency in respect of applications which were concluded after the lapse of the time-limits established in sub-regulations (3A) and (3B) of regulation 5, shall be valid for all purposes of the law.","countries":"","short_title":"MRVP certificates issued after the 2021-22 deadlines declared valid (L.N. 56 of 2024)","plain_summary":"","year":"2024"},{"event_id":"e-87f7d67a0a","date":"2024","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"Retirees' share of interest on visa deposits raised from 2.5% to 5%","description":"In response to COA findings, PRA raised retirees' share of the interest earned on their DBP visa deposits from 2.5% to 5% in 2024 by internal memorandum; COA found PRA booked P710.123 million of such interest as its own income in 2022-2025 without legal basis.","source_id":"phl-coa-pra-aar-2025","location":"PDF p. 106 (report p. 70), observation 2.27","quote":"Management increased the retirees’ share of the interest in CY 2024 from 2.5 percent to 5 percent","countries":"","short_title":"Retirees' share of interest on visa deposits raised from 2.5% to 5%","plain_summary":"","year":"2024"},{"event_id":"e-39ef739f60","date":"2023-12-29","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Court dismisses regional centers' challenge to the Integrity Fund fee (S.D. Fla.)","description":"Sunshine State Reg'l Ctr., Inc. v. Jaddou, 23-cv-60795 (S.D. Fla.): order granting DHS's motion to dismiss a suit arguing that regional centers designated before the 2022 Act need not pay the Integrity Fund fee; appeal filed Jan. 2024. Decision not retrieved.","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 16 (90 FR 48531), footnote 52","quote":"Sunshine State Reg'l Ctr., Inc. v. Jaddou, 23–cv–60795 (S.D. Fla. Dec. 29, 2023) (order granting DHS's motion to dismiss), appeal filed Jan. 1, 2024","countries":"","short_title":"Court dismisses regional centers' challenge to the Integrity Fund fee (S.D. Fla.)","plain_summary":"","year":"2023"},{"event_id":"e-66e917df6c","date":"2023-12-28","date_precision":"day","jurisdiction":"COL","program_id":"col-investor-visa","category":"rule_change","title":"Resolution 10434 of 2023 rewrites the accumulated-time rule for the Colombian resident visa","description":"Res. 10434 of 28 Dec 2023 modified art. 90 of Res. 5477 (Visa R by accumulated time); the new table requires 5 years as holder of the M Inversionista or M Socio o Propietario visa. The compilation says it took effect on publication but gives no publication date, so this is the resolution's date; the earlier art. 90 text is not in the stored copy, so what changed for investors is not shown.","source_id":"col-mre-res-5477-2022","location":"PDF p. 1, notas de vigencia; PDF p. 40, art. 90 heading","quote":"ARTÍCULO 90. Visa R Por tiempo acumulado <Artículo modificado por el artículo 76 de la Resolución 10434 de 2023. El nuevo texto es el siguiente:>","countries":"","short_title":"Resolution 10434 of 2023 rewrites the accumulated-time rule for the Colombian resident visa","plain_summary":"","year":"2023"},{"event_id":"e-49e1a37683","date":"2023-12-19","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"launch","title":"Executive Council approves the New CIES rules","description":"Executive Council approves the New CIES: HK$30m net assets and HK$30m investment (HK$27m in permissible assets incl. up to HK$10m non-residential property, HK$3m in a CIES Investment Portfolio run by the Hong Kong Investment Corporation); InvestHK checks the money, ImmD the visas.","source_id":"hkg-fstb-legco-brief-new-cies-2023","location":"p. 1, para 1","quote":"At the meeting of the Executive Council on 19 December 2023, the Council ADVISED and the Chief Executive ORDERED that a new Capital Investment Entrant Scheme (“CIES”) with the following parameters should be introduced","countries":"","short_title":"Hong Kong approves rules for a new investor residence scheme","plain_summary":"On 19 December 2023 the Executive Council approved HK$30 million net assets and HK$30 million invested: HK$27 million in permitted assets, up to HK$10 million of it non-residential property, HK$3 million in a managed portfolio.","year":"2023"},{"event_id":"e-48a8f355e1","date":"2023-12-12","date_precision":"day","jurisdiction":"HUN","program_id":"hun-guest-investor","category":"legal","title":"Hungarian Parliament adopts Act XC of 2023 creating the guest investor visa and permit","description":"Parliament adopted Act XC of 2023 on the general rules for entry and residence of third-country nationals on 12 December 2023; it was promulgated in Magyar Közlöny 2023/185 on 21 December 2023 (the guest investor provisions apply from 1 January 2024, already an event).","source_id":"hun-mk-act-xc-2023","location":"Magyar Közlöny 2023/185, Act XC of 2023, footnote to the title","quote":"A törvényt az Országgyűlés a 2023. december 12-i ülésnapján fogadta el.","countries":"","short_title":"Hungarian Parliament adopts Act XC of 2023 creating the guest investor visa and permit","plain_summary":"","year":"2023"},{"event_id":"e-b86d959f16","date":"2023-12-11","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"closure","title":"Migration Strategy: no new BIIP allocations","description":"With the Migration Strategy of 11 December 2023 the government said it would provide no new BIIP nomination allocations to states and territories while a new talent and innovation visa was designed, which in practice stopped new BIIP (including Significant Investor) nominations.","source_id":"aus-dha-mp-report-2023-24","location":"p. 10","quote":"would not provide any new allocations for the Business, Innovation and Investment Program (BIIP)","countries":"","short_title":"Australia stops new investor-visa allocations to states","plain_summary":"Australia's new Migration Strategy said no new allocations would be given to states and territories for the Business, Innovation and Investment Program, effectively halting new applications under the programme, including its Significant Investor stream.","year":"2023"},{"event_id":"e-3358294a9b","date":"2023-11-09","date_precision":"day","jurisdiction":"CYP","program_id":"cyp-golden-visa","category":"scandal","title":"Audit Office report on the 'Golden Visa' fast-track residence programme","description":"Compliance audit of the investor immigration permits; the Ministry agreed with the findings and cited Moneyval's warnings.","source_id":"cyp-audit-rp-announcement-2023","location":"Announcement","quote":"«Κανονιστικός έλεγχος προγράμματος ταχείας χορήγησης άδειας μετανάστευσης σε υπηκόους τρίτων χωρών που επενδύουν στην Κύπρο («Χρυσή Βίζα»)»","countries":"","short_title":"Cyprus audit reviews its 'Golden Visa' residence programme","plain_summary":"Cyprus's Audit Office published a compliance audit of the fast-track residence permits for investors known as the 'Golden Visa', citing warnings from the Council of Europe's anti-money-laundering body; the ministry agreed with its findings.","year":"2023"},{"event_id":"e-225d341792","date":"2023-11","date_precision":"month","jurisdiction":"INTL","program_id":"","category":"context","title":"FATF and OECD publish joint report on misuse of CBI/RBI programmes","description":"Report approved by the FATF plenary of 25-27 October 2023 on money-laundering, corruption and tax risks of investor citizenship and residence programmes, with mitigation measures; notes 22 programmes on the OECD CRS high-risk list.","source_id":"intl-fatf-oecd-cbi-rbi-2023","location":"p. 39, para 117","quote":"the OECD has analysed over 100 CBI/RBI programmes, of which 22 are currently identified as potentially posing a high-risk to the integrity of the CRS","countries":"","short_title":"FATF and OECD warn about misuse of investor schemes","plain_summary":"The global money-laundering watchdog and the OECD published a joint report on how golden passports and visas are misused for money laundering, corruption and tax evasion.","year":"2023"},{"event_id":"e-751bf998ec","date":"2023-10-29","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"context","title":"SEF abolished; AIMA takes over ARI","description":"DL 41/2023 abolishes SEF and creates AIMA, in force 29 Oct 2023. SEF's monthly ARI maps (with investment amounts) end with September 2023; AIMA publishes only annual totals, family permits and main nationalities.","source_id":"prt-dl-41-2023","location":"PDF p. 3","quote":"entra em vigor a 29 de outubro de 2023","countries":"","short_title":"Portugal replaces its border agency; golden-visa data shrinks","plain_summary":"Portugal abolished its former border and immigration agency and created a new one, which now publishes only annual golden-visa totals instead of the detailed monthly figures previously released.","year":"2023"},{"event_id":"e-f6c26882d3","date":"2023-10-29","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"price_change","title":"New fee table: EUR 7,730.11 per ARI permit","description":"Portaria 307/2023 replaces Portaria 1334-E/2010 when AIMA takes over from SEF: EUR 773.74 analysis fee, EUR 7,730.11 to grant an investor or family permit, EUR 3,865.79 per renewal, EUR 10,822.14 for an ARI holder's permanent residence permit; grant and renewal revenue split equally between AIMA and the Foreign Ministry's FRI. Fees are indexed to inflation each 1 March; a 25% reduction applies to applications filed digitally (and, until services go digital, to in-person fees) and 10% to assisted in-person filing.","source_id":"prt-port-307-2023","location":"PDF p. 3 (Pág. 3), art. 6; p. 6 (Pág. 6), Anexo III.3-4; p. 8, Anexo XIV","quote":"A presente portaria entra em vigor em 29 de outubro de 2023.","countries":"","short_title":"New fee table: EUR 7,730.11 per ARI permit","plain_summary":"","year":"2023"},{"event_id":"e-9a2538c62a","date":"2023-10-20","date_precision":"day","jurisdiction":"UKR","program_id":"ukr-immigration-investor","category":"rule_change","title":"Ukraine drops the yearly immigration quota except in case of mass arrival","description":"Law No. 3180-IX of 29 June 2023 (in force 20 October 2023) rewrote art. 4 of the Law on Immigration: immigration permits are granted to the listed categories, including investors of at least USD 100,000, and the Cabinet sets an immigration quota only in case of a mass arrival of immigrants; the quota \"may be\" set for these categories. The last yearly quota order found is for 2023, and the 2022 and 2023 orders put no limit on the investor category.","source_id":"ukr-rada-immigration-law-consol","location":"art. 4, parts 1-2","quote":"Квота імміграції може бути встановлена для таких категорій іммігрантів","countries":"","short_title":"Ukraine drops the yearly immigration quota except in case of mass arrival","plain_summary":"","year":"2023"},{"event_id":"e-f59c11d3ff","date":"2023-10-20","date_precision":"day","jurisdiction":"UKR","program_id":"ukr-immigration-investor","category":"rule_change","title":"Law 3180-IX amending Ukraine's Law on Immigration enters into force (quota only on mass arrival, new fee and decision deadlines)","description":"Law No. 3180-IX of 29 June 2023, published 20 July 2023, enters into force on 20 October 2023 (three months after publication). It limits immigration quotas to cases of mass arrival, sets the immigration permit fee at 0.5 of the subsistence minimum, a 6-month decision deadline (one year when filed abroad) and new rules for the permanent residence card. The investor category (USD 100,000) is not changed.","source_id":"ukr-rada-law-3180-ix-card","location":"Історія документа","quote":"20.10.2023 Набрання чинності","countries":"","short_title":"Law 3180-IX amending Ukraine's Law on Immigration enters into force (quota only on mass arrival, new fee and decision deadlines)","plain_summary":"","year":"2023"},{"event_id":"e-7505930440","date":"2023-10-07","date_precision":"day","jurisdiction":"PRT","program_id":"","category":"context","title":"Portugal stops new golden visa applications for real estate and capital transfer","description":"Lei 56/2023 (Mais Habitação), published 6.10.2023 and in force the next day, bars new investment-residence (ARI) applications under art. 3(1)(d)(i), (iii) and (iv) of Law 23/2007 (capital transfer and real-estate routes); renewals of existing permits remain possible.","source_id":"prt-law-56-2023","location":"p. 38, art. 42(1); p. 44, art. 55","quote":"Não são admitidos novos pedidos de autorização de residência para atividade de investimento, concedidos ao abrigo do disposto nas subalíneas i), iii) e iv)","countries":"","short_title":"Portugal halts new golden-visa applications for real estate","plain_summary":"Portugal's new law stopped new investor-residence applications based on buying real estate or transferring capital, though people who already had permits could still renew them.","year":"2023"},{"event_id":"e-0a65feadb4","date":"2023-10-07","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Mais Habitação: existing property-based permits convert on renewal","description":"Law 56/2023 keeps pending applications and renewals under the old rules, but renewals of real-estate and capital-transfer ARIs convert them into entrepreneur-immigrant permits with the same 7/14-day stay; remaining routes may not invest in real estate.","source_id":"prt-law-56-2023","location":"PDF p. 38","quote":"a renovação determina a conversão da autorização de residência numa autorização de residência para imigrantes empreendedores","countries":"","short_title":"Portugal converts renewed property golden visas to other permits","plain_summary":"A new Portuguese housing law lets pending golden-visa applications and renewals proceed under old rules, but renewing a property or capital-transfer golden visa now converts it into an entrepreneur-immigrant permit.","year":"2023"},{"event_id":"e-7a6323d964","date":"2023-10-03","date_precision":"day","jurisdiction":"SGP","program_id":"","category":"scandal","title":"Ministerial statement: accused held work and dependant passes; some linked to tax-incentivised family offices","description":"Second Minister for Home Affairs: the ten arrested hold Employment Passes and Dependant's Passes; assets seized or frozen exceed S$2.8 billion. Minister of State Alvin Tan (for MAS): one or more accused may have been linked to single family offices awarded tax incentives. No mention of the GIP.","source_id":"sgp-parl-ms-aml-2023","location":"statement by Mrs Josephine Teo","quote":"They hold Employment Passes and Dependant's Passes.","countries":"","short_title":"Singapore says accused held work passes, not investor visas","plain_summary":"Singapore's government said the ten people arrested in the money-laundering case held Employment and Dependant's Passes, with assets seized exceeding S$2.8 billion, and some may have been linked to tax-incentivised family offices.","year":"2023"},{"event_id":"e-e4b2dbaacb","date":"2023-10-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Deadline for review of investor permits held by Russian and Belarusian citizens","description":"Transitional point 60: the Financial Intelligence Unit, State Security Service, Constitution Protection Bureau, State Police and PMLP to assess by 1 Oct 2023 whether there are grounds to annul investor permits (points 28-31) held by Russian and Belarusian citizens. Outcome not found.","source_id":"lva-likumi-immigration-law-2026-05","location":"Transitional provisions, point 60","quote":"līdz 2023. gada 1. oktobrim savas kompetences ietvaros un normatīvajos aktos noteiktajā kārtībā izvērtē to, vai pastāv šajā likumā noteiktais pamats anulēt termiņuzturēšanās atļaujas","countries":"","short_title":"Latvia's deadline passes to review Russian investor permits","plain_summary":"Latvian agencies were due to decide by this date whether to cancel investor residence permits held by Russian and Belarusian citizens; no outcome of the review has been found.","year":"2023"},{"event_id":"e-f10b761136","date":"2023-10","date_precision":"month","jurisdiction":"BGR","program_id":"bgr-investor-residence","category":"context","title":"Bulgaria placed under FATF increased monitoring (grey list)","description":"The FATF statement of June 2026 dates Bulgaria's high-level political commitment to work with the FATF and MONEYVAL, i.e. its listing under increased monitoring, to October 2023.","source_id":"intl-fatf-increased-monitoring-2026-06","location":"Bulgaria section","quote":"In October 2023, Bulgaria made a high-level political commitment to work with the FATF and MONEYVAL to strengthen the effectiveness of its AML/CFT regime.","countries":"","short_title":"Bulgaria placed under FATF increased monitoring (grey list)","plain_summary":"","year":"2023"},{"event_id":"e-78f51f245e","date":"2023-10","date_precision":"month","jurisdiction":"HKG","program_id":"hkg-cies","category":"closure","title":"All remaining CIES applications finalised","description":"ImmD reports that every application under the suspended scheme had been decided by October 2023.","source_id":"hkg-immd-ar-2023-app5","location":"Appendix 5, Note 2","quote":"The 'Capital Investment Entrant Scheme' has been suspended since 15 January 2015. All applications under the scheme have been finalised in October 2023.","countries":"","short_title":"Hong Kong finishes deciding every old investor scheme application","plain_summary":"The immigration department reported that all applications under the scheme, suspended since 15 January 2015, had been finalised by October 2023.","year":"2023"},{"event_id":"e-9897a26eb8","date":"2023-10","date_precision":"month","jurisdiction":"INTL","program_id":"","category":"context","title":"Second US-Caribbean Roundtable on CBI held in Miami","description":"Second of the roundtables between the five Eastern Caribbean CBI states and the US Treasury on implementing the Six CBI Principles.","source_id":"intl-eccb-us-roundtable-2024","location":"para 3","quote":"the second was held in Miami in October 2023","countries":"ATG;DMA;GRD;KNA;LCA;USA","short_title":"Second US-Caribbean Roundtable on CBI held in Miami","plain_summary":"","year":"2023"},{"event_id":"e-07f0efd1c4","date":"2023-10","date_precision":"month","jurisdiction":"THA","program_id":"tha-privilege","category":"price_change","title":"Thailand Elite packages replaced by Thailand Privilege packages","description":"Membership packages sold before October 2023 were discontinued and replaced by the Gold, Platinum, Diamond and Reserve packages under the Thailand Privilege name.","source_id":"tha-tpc-old-packages-2026","location":"page title","quote":"Existing Membership packages before October 2023 Discontinued","countries":"","short_title":"Thailand replaces Elite membership packages with Privilege packages","plain_summary":"Membership packages sold before October 2023 were discontinued. They were replaced by Gold, Platinum, Diamond and Reserve packages under the Thailand Privilege name.","year":"2023"},{"event_id":"e-6f2517af13","date":"2023-09-08","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"context","title":"Quebec ministry impact analysis of the Investor Program overhaul","description":"MIFI's regulatory impact analysis of the draft amendment to the Règlement sur l'immigration au Québec proposed for the Investor Program: a temporary stay of at least 12 months in Quebec before the CSQ; replacing the 1.2 M$ guaranteed placement with a 1 M$ placement plus a 200,000 $ non-refundable contribution to PIIAE and PRIIME; abolishing the quota (contingent) system for investment agreements signed by intermediaries; limiting intermediaries to a financial role, with their share of investment interest revenue cut from 22% to 10%; removal of the selection grid and oral French at level 7. It cites a 15.5% presence rate in January 2022 for people admitted 2011-2020 as the lowest of all programmes.","source_id":"can-mifi-air-riq-2023","location":"pp. 2-3, 7, 10 and 18 (sections 1.2.1, 2.2, 2.2.1, 4.2.2)","quote":"Baisse de la part de leurs revenus de placement provenant des revenus d’intérêts générés par les placements de 22 % à 10 %","countries":"","short_title":"Quebec ministry impact analysis of the Investor Program overhaul","plain_summary":"","year":"2023"},{"event_id":"e-2af24798de","date":"2023-08-15","date_precision":"day","jurisdiction":"SGP","program_id":"","category":"scandal","title":"Money-laundering raids: ten foreign nationals arrested, several holding passports of citizenship-by-investment countries","description":"Police raids on 15 Aug 2023 led to ten arrests in what became the S$3 billion case. The police release lists, among the passports held: Cyprus (two arrested were Cypriot nationals), Vanuatu (one Ni-Vanuatu national; Vanuatu passports also held by two others), St Kitts and Nevis, Turkey, Cambodia, and what the release calls the \"Dominican Republic\". This links the case to foreign citizenship-by-investment programmes; the official sources found do NOT link any of the accused to Singapore's GIP (see the 3 Oct 2023 statement: the ten held Employment Passes and Dependant's Passes).","source_id":"sgp-spf-mr-ml-2023","location":"paragraphs on each arrest","quote":"The man was also found in possession of a foreign passport believed to be issued by St Kitts and Nevis and the woman was found with other foreign passports believed to be issued by the Dominican Republic and Turkey.","countries":"","short_title":"Singapore raids find arrested suspects held golden-passport nationalities","plain_summary":"Police raids in Singapore's S$3 billion money-laundering case led to ten arrests; those detained held passports from Cyprus, Vanuatu, St Kitts and Nevis, Turkey, Cambodia and the Dominican Republic, several of which sell citizenship.","year":"2023"},{"event_id":"e-616099d605","date":"2023-07-20","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"Residence for over-50s buying senior-living property above USD 200,000","description":"The Finance (Miscellaneous Provisions) Act 2023 (assented 20 July 2023) adds a residence permit for buyers aged over 50 of senior-living property under the PDS priced above USD 200,000. Section 93(18) deems this provision to have come into operation on 27 April 2019.","source_id":"mus-fa-2023","location":"s. 37(b)(iii) (PDF pp. 66-67); commencement s. 93(18) (PDF p. 207)","quote":"the purchase price exceeds 200,000 US dollars","countries":"","short_title":"Mauritius adds residence for over-50s buying senior-living property","plain_summary":"A 2023 law added a residence permit for buyers aged over 50 of senior-living property priced above US$200,000 under the Property Development Scheme.","year":"2023"},{"event_id":"e-0248c51864","date":"2023-07-20","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"Sustainable City Scheme added to the property residence route","description":"The Finance (Miscellaneous Provisions) Act 2023 added the Sustainable City Scheme to s. 8(1)(d)(i) and (e)(i) of the Immigration Act 2022, so buyers (alone or as co-buyers) of qualifying property under that scheme obtain resident status on the same terms as the other schemes. These paragraphs come into operation on a date to be fixed by Proclamation (s. 93(12)); that date was not found in this document.","source_id":"mus-fa-2023","location":"s. 37(b)(i)-(ii) and s. 93(12), PDF pp. 66, 125","quote":"in paragraph (d)(i), by deleting the words “or Smart City Scheme” and replacing them by the words “, Smart City Scheme or Sustainable City Scheme”","countries":"","short_title":"Sustainable City Scheme added to the property residence route","plain_summary":"","year":"2023"},{"event_id":"e-5f7cda770d","date":"2023-07-14","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"visa_access","title":"Investor Visa for Italy suspended for Russian and Belarusian citizens","description":"Order of the Committee chair of 14 Jul 2023, citing European Commission Recommendation C(2022) 2028, suspends the programme for Russian and Belarusian citizens.","source_id":"ita-mimit-iv4i-home-en-2026","location":"home page notice (**)","quote":"Notice is hereby given of the suspension of the program for Russian and Belarusian citizens as per the order of the Chairman of the Committee dated 07/14/2023","countries":"","short_title":"Italy suspends investor visa for Russians and Belarusians","plain_summary":"Italy suspended its Investor Visa programme for Russian and Belarusian citizens, following a European Commission recommendation.","year":"2023"},{"event_id":"e-94b6d85004","date":"2023-06-29","date_precision":"day","jurisdiction":"KOR","program_id":"kor-public-investment-immigration","category":"price_change","title":"Public-project thresholds tripled; retirement scheme abolished","description":"General scheme 500m to 1.5bn won, high-value 1.5bn to 3bn won, retirement scheme abolished because of its low threshold and expected welfare costs.","source_id":"kor-moj-public-investment-2023","location":"p. 1","quote":"법무부는 6월 29일부터 공익사업 투자이민제도*의 투자 기준금액을 상향하여 시행합니다.","countries":"","short_title":"South Korea triples public-project investment thresholds, ends retirement scheme","plain_summary":"From 29 June 2023 the general threshold rose from 500 million to 1.5 billion won, and the high-value one from 1.5 billion to 3 billion won. The retirement scheme ended over its low threshold.","year":"2023"},{"event_id":"e-2887e5cb44","date":"2023-06-26","date_precision":"day","jurisdiction":"BHR","program_id":"bhr-golden-residency","category":"context","title":"Platinum residence created for long-serving golden residence holders","description":"PM Resolution 47/2023 creates a platinum residence for golden holders with at least 15 years' residence and BHD 4,000 average salary in the last five years, or by decision of the Crown Prince and Prime Minister.","source_id":"bhr-pm-res-47-2023","location":"Art. 1","quote":"تأشيرة دخول ورخصة إقامة بلاتينية للحاصل على رخصة الإقامة الذهبية شريطة ألا تقل مدة إقامته بمملكة البحرين عن 15 سنة","countries":"","short_title":"Bahrain creates platinum residence for long-serving golden residents","plain_summary":"A June 2023 resolution created platinum residence for golden holders with at least 15 years' residence and a BHD 4,000 average salary over five years, or by decision of the Crown Prince and Prime Minister.","year":"2023"},{"event_id":"e-1f8b0349f6","date":"2023-06-14","date_precision":"day","jurisdiction":"KOR","program_id":"kor-public-investment-immigration","category":"context","title":"12th investment immigration councils discuss public-project thresholds","description":"The 12th investment immigration working council and investment immigration council (Justice, Finance, Foreign Affairs, Interior, Industry, Land, Culture ministries, Financial Services Commission and two private members) met between 14 and 22 June 2023 and prepared the increase of the public-project thresholds.","source_id":"kor-moj-public-investment-2023","location":"p. 1","quote":"6월 14일부터 6월 22일까지 제12차 투자이민실무협의회 및 투자이민협의회를 개최하였습니다.","countries":"","short_title":"12th investment immigration councils discuss public-project thresholds","plain_summary":"","year":"2023"},{"event_id":"e-f6a390cd43","date":"2023-06-01","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"EDB appoints seven GIP-select funds","description":"EDB named seven fund managers (B Capital, East Ventures, GGV, HHLR, Insignia, Jungle Ventures, Vertex) as GIP-select funds for Option B.","source_id":"sgp-edb-gipselect-mr-2023","location":"p. 1, paras 1 and 4","quote":"The Singapore Economic Development Board (EDB) has appointed seven fund management companies as Global Investor Programme (GIP)-select funds.","countries":"","short_title":"Singapore names seven approved funds for investor residence","plain_summary":"Singapore's Economic Development Board appointed seven fund managers, including B Capital, East Ventures and Vertex, as approved funds for the Global Investor Programme's fund-investment option.","year":"2023"},{"event_id":"e-f6de820de5","date":"2023-06","date_precision":"month","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"Department publishes the 2017 and 2020 reviews","description":"Asked in June 2023, the minister said the IGEES review (2017) and EY review would be published; the EY Phase 1 and Phase 2 reports appeared on irishimmigration.ie at the end of June 2023 (PDFs dated 28 June 2023).","source_id":"irl-oir-wa-2023-06-20","location":"Written answer 20 Jun 2023, Q448-455","quote":"My Department will shortly publish the reviews onto my Department's website","countries":"","short_title":"Ireland publishes earlier reviews of its investor programme","plain_summary":"Ireland's department published two earlier reviews of the Immigrant Investor Programme, from 2017 and 2020, after being asked in parliament; both 2020 review reports appeared on its website at the end of June 2023.","year":"2023"},{"event_id":"e-ef71a1b3a5","date":"2023-06","date_precision":"month","jurisdiction":"VNM","program_id":"vnm-investor-visa","category":"context","title":"Vietnam placed under FATF increased monitoring (grey list)","description":"The FATF statement of June 2026 dates Vietnam's high-level political commitment, i.e. its listing under increased monitoring, to June 2023, and says all its action-plan deadlines expired in May 2025.","source_id":"intl-fatf-increased-monitoring-2026-06","location":"Vietnam section","quote":"Since June 2023, when Vietnam made a high-level political commitment to work with the FATF and APG to strengthen the effectiveness of its AML/CFT regime","countries":"","short_title":"Vietnam placed under FATF increased monitoring (grey list)","plain_summary":"","year":"2023"},{"event_id":"e-0992f704d7","date":"2023-05-19","date_precision":"day","jurisdiction":"AZE","program_id":"aze-investor-residence","category":"rule_change","title":"Azerbaijan adds government securities as a ground for temporary residence","description":"The State Migration Service reports an amendment to the Migration Code adding temporary residence for holders of government securities of at least AZN 100,000 (date is the news item; the amending law's date is not given).","source_id":"aze-sms-news-2023-05-19","location":"news item","quote":"a new category of case has been added to the conditions for obtaining a temporary residence permit","countries":"","short_title":"Azerbaijan adds government securities as a ground for temporary residence","plain_summary":"","year":"2023"},{"event_id":"e-9b27ce5ff9","date":"2023-05-01","date_precision":"day","jurisdiction":"KOR","program_id":"kor-real-estate-immigration","category":"price_change","title":"Real-estate scheme renamed and threshold doubled to 1bn won","description":"MOJ renamed the scheme 'tourism and resort facility investment immigration', raised the threshold to 1 billion won, extended five areas by three years and announced stricter permanent-residence rules, citing investors withdrawing money right after getting F-5 and the local voting rights it brings.","source_id":"kor-moj-tourism-investment-2023","location":"p. 1","quote":"법무부는 5월 1일부터 제주, 인천 등 5개 지역의 부동산 투자이민제도* 기간을 3년 연장하고, 투자 기준금액을 10억 원으로 상향하여 시행합니다.","countries":"","short_title":"South Korea renames real-estate scheme and doubles threshold to 1 billion won","plain_summary":"From 1 May 2023 the Justice Ministry raised the threshold to 1 billion won and extended five areas by three years. It announced stricter permanent-residence rules, citing investors withdrawing money soon after getting permanent residence.","year":"2023"},{"event_id":"e-d43bf69e0f","date":"2023-05-01","date_precision":"day","jurisdiction":"KOR","program_id":"kor-real-estate-immigration","category":"rule_change","title":"Designated areas of the real-estate investment scheme extended by three years","description":"The scheme in Jeju, Incheon (Songdo, Yeongjong, Cheongna), Busan (Haeundae, East Busan), Pyeongchang (Alpensia) and Yeosu (Gyeongdo) was due to lapse on 30 April 2023 (Busan on 19 May 2023); despite weak results in some areas, all were extended by three years from 1 May 2023 (notice to be amended in May 2023).","source_id":"kor-moj-tourism-investment-2023","location":"p. 1, item 3 and footnote","quote":"제주, 인천(송도‧영종‧청라), 부산(해운대‧동부산), 평창(알펜시아), 여수(경도) 지역의 시행기간을 3년 연장합니다.","countries":"","short_title":"Designated areas of the real-estate investment scheme extended by three years","plain_summary":"","year":"2023"},{"event_id":"e-29c250cda0","date":"2023-05-01","date_precision":"day","jurisdiction":"KOR","program_id":"kor-real-estate-immigration","category":"context","title":"Ministry announces plan to tighten permanent residence for investment immigrants","description":"The Ministry said it would tighten the requirements for permanent residence obtained through investment immigration (e.g. a residence requirement), because investors withdrew their money right after getting permanent residence and permanent residence carries local voting rights.","source_id":"kor-moj-tourism-investment-2023","location":"p. 2","quote":"투자이민으로 영주권을 취득한 후 투자금을 바로 회수하는 사례 등 그간 지적된 문제점들을 개선하기 위해 투자이민 영주자격의 요건을 강화할 예정입니다.","countries":"","short_title":"Ministry announces plan to tighten permanent residence for investment immigrants","plain_summary":"","year":"2023"},{"event_id":"e-2a3128f0df","date":"2023-04-21","date_precision":"day","jurisdiction":"CYP","program_id":"cyp-golden-visa","category":"rule_change","title":"Council of Ministers tightens the investor fast-track permanent residence","description":"4th revision of the Regulation 6(2) criteria, in force 2 May 2023: no permits for parents/in-laws who have not invested, annual proof of investment and income, funds from the applicant's own foreign account.","source_id":"cyp-moi-rp-criteria-2023","location":"Paragraph 2","quote":"Η αναθεώρηση των κριτηρίων έχει εγκριθεί από το Υπουργικό Συμβούλιο, στις 21 Απριλίου 2023","countries":"","short_title":"Cyprus tightens rules for its investor fast-track residence permit","plain_summary":"Cyprus's government tightened its fast-track permanent residence scheme for investors, barring permits for non-investing parents or in-laws and requiring annual proof of investment and income from the applicant's own foreign funds.","year":"2023"},{"event_id":"e-0fe6428cc7","date":"2023-04-01","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"New Migration Code: Golden Visa becomes art. 100 (permit type B.5)","description":"Law 5038/2023 (ΦΕΚ Α 81/1.4.2023) re-enacts the real-estate permit as art. 100 and financial-investment permits (type B.4) as art. 99 with EUR 350,000-800,000 minimums.","source_id":"grc-law-5038-2023","location":"PDF p. 68, art. 100 heading","quote":"Επενδύσεις σε ακίνητη περιουσία (μόνιμη άδεια διαμονής επενδυτή) (άδεια διαμονής «Τύπου Β.5»)","countries":"","short_title":"Greece re-codes its residence-for-investment rules","plain_summary":"Greece re-enacted its property-based and financial-investment residence permits under a new migration code, with minimum investments between EUR 350,000 and EUR 800,000.","year":"2023"},{"event_id":"e-7e29b39fed","date":"2023-03-31","date_precision":"day","jurisdiction":"BMU","program_id":"bmu-eirc","category":"rule_change","title":"EIC becomes the Economic Investment Residential Certificate (no five-year wait)","description":"The Minister may grant a Residential Certificate under s.32(5) of the Bermuda Immigration and Protection Act straight away, instead of after five years on an EIC, citing Bermuda's ageing population.","source_id":"bmu-mel-ms-eirc-revision-2023","location":"para \"This revised policy...\"","quote":"This revised policy will be made effective 31 March 2023 by order of the Minister.","countries":"","short_title":"Bermuda removes five-year wait for investor residential certificate","plain_summary":"From 31 March 2023 the minister can grant a Residential Certificate straight away, instead of after five years on the Economic Investment Certificate, citing Bermuda's ageing population.","year":"2023"},{"event_id":"e-04ba0d468b","date":"2023-03-31","date_precision":"day","jurisdiction":"BMU","program_id":"bmu-eirc","category":"rule_change","title":"EIRC policy adds five-year investment and 90-day residence conditions","description":"The January 2023 EIRC policy (effective 31 March 2023) replaces the 2021, 2015 and 2003 policies. The Residential Certificate is granted at once, but the holder must keep qualifying investments worth at least $2,500,000 for at least five years and live in Bermuda at least 90 days in each calendar year for five years, verified by the end of the fifth year; existing EIC holders may apply for the RC retroactively. Residential Certificates granted under the 2003 and 2015 policies keep their old rules.","source_id":"bmu-mel-eirc-policy-2023","location":"p. 2, s.3; p. 4, s.8; p. 5, s.14-15","quote":"Verification of the above would be required by the end of the 5th year in order to retain the RC.","countries":"","short_title":"EIRC policy adds five-year investment and 90-day residence conditions","plain_summary":"","year":"2023"},{"event_id":"e-97460c241b","date":"2023-03-15","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"price_change","title":"Thresholds raised: S$10 million (business), S$25 million (GIP-select fund), family office must deploy S$50 million","description":"Changes announced by EDB on 2 Mar 2023 and effective 15 Mar 2023: Option A from S$2.5 million to at least S$10 million with 30 employees for renewal; Option B from S$2.5 million to S$25 million in a GIP-select fund; Option C requires an SFO with AUM of at least S$200 million of which S$50 million deployed in four Singapore investment categories.","source_id":"sgp-edb-gip-mr-2023","location":"p. 1, para 3","quote":"The changes will take effect from 15 March 2023.","countries":"","short_title":"Singapore raises investor-residence investment thresholds sharply","plain_summary":"Singapore raised its Global Investor Programme thresholds: the business option rose to at least S$10 million, the fund option to S$25 million, and family offices must deploy S$50 million of a S$200 million fund locally.","year":"2023"},{"event_id":"e-723b161d6e","date":"2023-03-02","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"Call for proposals for GIP-select funds opens","description":"EDB ran a call for proposals from 2 to 31 March 2023 to appoint fund managers for the new GIP-select funds (Option B, S$25 million); qualifying managers needed at least S$1 billion under management.","source_id":"sgp-edb-gipselect-mr-2023","location":"p. 1, para 4","quote":"following an open and transparent Call for Proposal (CFP) exercise conducted from 2 to 31 March 2023","countries":"","short_title":"Call for proposals for GIP-select funds opens","plain_summary":"","year":"2023"},{"event_id":"e-fa9fff3d34","date":"2023-03-02","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS starts collecting the EB-5 Integrity Fund fee","description":"Annual USD 20,000 (or 10,000) fee per regional center under the 2022 Act; first payment window 2 March-3 April 2023, then each October.","source_id":"usa-fr-integrity-fund-fee-2023","location":"88 FR 13141, DATES","quote":"The first fee payment of the fees announced in this notice must be paid beginning on March 2, 2023 and before April 3, 2023.","countries":"","short_title":"US starts charging new annual fee for investor-visa centers","plain_summary":"The US immigration service began collecting a new annual fee of US$20,000 or US$10,000 from each regional center under the investor visa programme, with the first payment window in March 2023.","year":"2023"},{"event_id":"e-96fbea3162","date":"2023-03-02","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS defers the Integrity Fund late fee and sets terminations for non-payment from 31 May 2023","description":"USCIS will not charge the late penalty fee until it sets its amount by further action, but will terminate the designation of a regional center that has not paid the full annual fee within 90 days of the due date; it will not start terminations before 31 May 2023, and in later years acts if the fee is unpaid by 31 December. It also sets how it counts \"total investors\" for the USD 20,000 / 10,000 tiers (I-526/I-526E petitions minus I-829 petitions filed).","source_id":"usa-fr-integrity-fund-fee-2023","location":"PDF p. 3 (88 FR 13143), II.C Late Fee","quote":"USCIS will maintain the statutory 90-day termination period and will not begin taking steps to terminate a regional center until May 31, 2023.","countries":"","short_title":"USCIS defers the Integrity Fund late fee and sets terminations for non-payment from 31 May 2023","plain_summary":"","year":"2023"},{"event_id":"e-8dadd1c9c8","date":"2023-03","date_precision":"month","jurisdiction":"AUS","program_id":"aus-biip","category":"context","title":"Review of the Migration System finds the BIIP has poor economic outcomes","description":"The Parkinson review (cover dated March 2023, released April 2023) found BIIP migrants had lower incomes and fiscal contributions than other skilled migrants and that investment tended to be the minimum required, invested passively or in low-productivity businesses. It found outcomes for the small Significant Investor stream were stronger than for the rest of the BIIP, and recommended reconsidering the size and role of the BIIP (recommendation 8).","source_id":"aus-dha-review-migration-system-2023","location":"p. 70","quote":"The BIIP has poor economic outcomes","countries":"","short_title":"Australian review finds investor-visa programme gives poor results","plain_summary":"A government review of Australia's migration system found its Business and Investment Visa programme had worse economic outcomes than other skilled migration, with investors often putting in only the minimum, passively or in low-productivity businesses.","year":"2023"},{"event_id":"e-e5d94d5eba","date":"2023-02-28","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"price_change","title":"Minister announces higher GIP investment quantum","description":"In the Committee of Supply debate the Minister for Trade and Industry said EDB would raise the GIP investment quantum and adjust GIP-select funds.","source_id":"sgp-parl-cos-mti-2023","location":"GIP passage","quote":"the Economic Development Board will enhance the GIP by raising the investment quantum","countries":"","short_title":"Singapore minister announces higher investor-residence investment amount","plain_summary":"Singapore's Minister for Trade and Industry said the Economic Development Board would raise the minimum investment amount required under the Global Investor Programme and adjust its approved investment funds.","year":"2023"},{"event_id":"e-4bc83da245","date":"2023-02-24","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"context","title":"Más País-Verdes Equo tables bill to amend the golden visa law","description":"Más País-Verdes Equo (Grupo Parlamentario Plural) presented Proposición de Ley 22/000304 to amend Ley 14/2013, questioning the real-estate route.","source_id":"esp-ti-golden-visas-2023","location":"p. 24","quote":"el 24 de febrero de 2023, Más País Verdes Equo presentó, en el Grupo Parlamentario Plural","countries":"","short_title":"Más País-Verdes Equo tables bill to amend the golden visa law","plain_summary":"","year":"2023"},{"event_id":"e-3c4c8bfc5c","date":"2023-02-15","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"closure","title":"IIP closes to new applications","description":"The department later explained the closure: the economy no longer needed such investment routes, and EU, Council of Europe and OECD studies had raised concerns about border security, money laundering, tax evasion and circumvention of EU law. Projects being developed could submit within three months; approved funds got three months for further applications.","source_id":"irl-isd-closure-faq-2023","location":"FAQ Q1","quote":"In recent years serious concerns have been expressed about immigrant investment programmes generally by The EU Commission, Council of Europe and OECD","countries":"","short_title":"Ireland's investor programme closes to new applications","plain_summary":"Ireland's Immigrant Investor Programme closed to new applicants, after international concerns about border security, money laundering, tax evasion and circumvention of EU law.","year":"2023"},{"event_id":"e-6f2f892059","date":"2023-02-15","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"closure","title":"Immigrant Investor Programme closes to new applications (reported)","description":"The Department of Justice closed the IIP at close of business on 15 February 2023, giving some well-developed projects three months to submit.","source_id":"irl-rte-golden-visa-2025","location":"Department statement, final para","quote":"applications were accepted in line with the wind down announcement","countries":"","short_title":"Immigrant Investor Programme closes to new applications (reported)","plain_summary":"","year":"2023"},{"event_id":"e-0f3a8f14d3","date":"2023-02-14","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"closure","title":"Government decides to close the IIP","description":"Acting Justice Minister Simon Harris won Government approval to close the IIP to new applications from close of business 15 February 2023, citing reports by the European Commission, Council of Europe and OECD and 'internal and external reviews'. About 1,500 cases were on hand; they and approved projects continued.","source_id":"irl-doj-closure-pr-2023","location":"Press release, para 1","quote":"The Minister for Justice Simon Harris has today obtained approval from Government to close the Immigrant Investor Programme (IIP) to further applications from close of business tomorrow, 15 February 2023.","countries":"","short_title":"Ireland's government decides to close its investor programme","plain_summary":"Ireland's acting justice minister won government approval to close the Immigrant Investor Programme to new applications from the next day, citing concerns raised by the European Commission and other international bodies. About 1,500 cases continued.","year":"2023"},{"event_id":"e-dcedd78c25","date":"2023-02","date_precision":"month","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Portugal ends the real-estate route (as described by TI-España)","description":"TI-España says Portugal eliminated its residence-by-investment route through property purchase in February 2023 (the month the government announced it).","source_id":"esp-ti-golden-visas-2023","location":"p. 20","quote":"Portugal ha eliminado su programa de residencia por inversión a través de la compra de inmuebles en febrero de 2023","countries":"","short_title":"Portugal ends the real-estate route (as described by TI-España)","plain_summary":"","year":"2023"},{"event_id":"e-02a9a3c1b2","date":"2023-01-13","date_precision":"day","jurisdiction":"ZMB","program_id":"zmb-investor-permit","category":"rule_change","title":"Zambia repeals the ZDA Act 2006, ending its investment-linked residence entitlement","description":"The Zambia Development Agency Act 2022 (Act 17 of 2022, s. 23) repeals the ZDA Act 2006, whose s. 65(1) entitled an investor of USD 250,000 with a minimum workforce to a self-employment or residence permit; the Act commenced on 13 Jan 2023. Investment licensing moved to the Investment, Trade and Business Development Act 2022 (same date), which has no immigration provision. The investor's permit under the Immigration and Deportation Act 2010 s. 29 continues.","source_id":"zmb-act-17-2022-zda","location":"cover note; s. 23 (p. 9)","quote":"Commenced on 13 January 2023 by Statutory Instrument of 2023 ... (1)   The Zambia Development Agency Act, 2006, is repealed.","countries":"","short_title":"Zambia repeals the ZDA Act 2006, ending its investment-linked residence entitlement","plain_summary":"","year":"2023"},{"event_id":"e-b3adb65e30","date":"2023-01-12","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"Review of 2008-2015 investor visas published","description":"Written statement HCWS492 (Suella Braverman): 6,312 main applicants and adult dependants reviewed; a 'small minority' potentially high-risk; 10 oligarchs who used the route sanctioned; route attracted disproportionate numbers from high money-laundering-risk countries. Published almost five years after the review was announced.","source_id":"gbr-ho-hcws492-2023","location":"statement text, paras 4-5","quote":"we have already sanctioned 10 oligarchs who had previously used this route","countries":"","short_title":"UK publishes long-delayed review of investor-visa risks","plain_summary":"The UK government published its review of investor visas granted between 2008 and 2015, covering 6,312 applicants, saying a small minority were potentially high-risk and ten oligarchs who used the route were sanctioned.","year":"2023"},{"event_id":"e-c87d321853","date":"2023-01-11","date_precision":"day","jurisdiction":"RUS","program_id":"rus-investor-residence","category":"launch","title":"Russia's criteria for investor residence permits enter into force","description":"Government Decree No. 2573 of 31 December 2022, setting four investment criteria for a residence permit without a temporary residence permit, enters into force.","source_id":"rus-gov-decree-2573-2022","location":"PDF p. 1, para 2 (OCR)","quote":"Настоящее постановление вступает в силу с 11 января 2023 г.","countries":"","short_title":"Russia's criteria for investor residence permits enter into force","plain_summary":"","year":"2023"},{"event_id":"e-b47c726551","date":"2023-01-04","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS proposes new USCIS fee schedule incl. higher EB-5 fees (proposed)","description":"Proposed rule 88 FR 402. Proposed fees (Table 1 'NPRM Fee(s)' column of the final rule): I-526/I-526E USD 11,160 (from 3,675), I-829 9,525 (from 3,750), I-956 and I-956F 47,695 (from 17,795), I-956G 4,470 (from 3,035). Finalised unchanged for these forms on 31 Jan 2024, effective 1 Apr 2024.","source_id":"usa-fr-uscis-fee-rule-2024","location":"PDF p. 1 (89 FR 6194), Summary; Table 1 on PDF pp. 7, 9, 10","quote":"This final rule also responds to public comments received on the USCIS proposed fee schedule published on January 4, 2023.","countries":"","short_title":"DHS proposes new USCIS fee schedule incl. higher EB-5 fees (proposed)","plain_summary":"","year":"2023"},{"event_id":"e-8692c33ea5","date":"2023-01-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"price_change","title":"Federal minimum lump-sum tax base indexed to CHF 421,700","description":"The EFD ordinance of 16 Sep 2022 on cold progression raised the minimum base for direct federal tax under art. 14(3)(a) DBG from CHF 400,000 to CHF 421,700, in force 1 Jan 2023 (AS 2022 575).","source_id":"che-fedlex-dbg-2025","location":"art. 14(3)(a) and footnote 17 (PDF p. 7)","quote":"Fassung gemäss Art. 5 der V des EFD vom 16. Sept. 2022 über die kalte Progression, in Kraft seit 1. Jan. 2023 (AS 2022 575).","countries":"","short_title":"Federal minimum lump-sum tax base indexed to CHF 421,700","plain_summary":"","year":"2023"},{"event_id":"e-0b88690557","date":"2023-01-01","date_precision":"day","jurisdiction":"MYS","program_id":"mys-pvip","category":"rule_change","title":"PVIP agencies must be registered for PVIP consultancy as their nature of business (end of the Oct-Dec 2022 leeway)","description":"For the initial period 1 Oct-31 Dec 2022, companies applying as PVIP agencies could show human-resources consultancy as their nature of business; from 1 Jan 2023 registration of the PVIP handling business is mandatory.","source_id":"mys-imi-pvip-faq-2026","location":"Agency registration, Q5","quote":"for the initial period from 1 October 2022 to 31 December 2022, the NOB conditions in the company profile will be given leeway but must be related to consultancy in human resources. From January 1, 2023, the registration of this Malaysian PVIP handling business is mandatory.","countries":"","short_title":"PVIP agencies must be registered for PVIP consultancy as their nature of business (end of the Oct-Dec 2022 leeway)","plain_summary":"","year":"2023"},{"event_id":"e-85adff802c","date":"2023-01-01","date_precision":"day","jurisdiction":"TWN","program_id":"twn-apr-investment","category":"rule_change","title":"Taiwan Immigration Act amendment of arts. 9-11, 23 and 25 (residence, settlement and permanent residence, incl. investment grounds) takes effect","description":"Promulgated 27 January 2021; in force 1 January 2023 by Executive Yuan order of 11 March 2021. Art. 25 holds investment-immigration permanent residence, art. 9 the investment ground for nationals without household registration and art. 23 the foreign investor residence ground; the history does not show what changed.","source_id":"twn-moj-immigration-act-history-2026","location":"amendment history, entry 10","quote":"中華民國一百十年一月二十七日總統華總一義字第 11000006101 號 令修正公布第 9～11、23、25 條條文；施行日期，由行政院定之 中華民國一百十年三月十一日行政院院臺法字第 1100006379 號令發 布定自一百十二年一月一日施行","countries":"","short_title":"Taiwan Immigration Act amendment of arts. 9-11, 23 and 25 (residence, settlement and permanent residence, incl. investment grounds) takes effect","plain_summary":"","year":"2023"},{"event_id":"e-1db253ffbc","date":"2023-01","date_precision":"month","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Green Card validity extended 48 months for investors with a pending Form I-829","description":"USCIS extended the validity of conditional Green Cards for petitioners who properly file Form I-829 (or Form I-751) for 48 months beyond the card's expiration date.","source_id":"usa-uscis-web-eb5-whats-new-2025","location":"alert on Green Card validity","quote":"In January 2023, USCIS extended the validity of Permanent Resident Cards (also known as Green Cards) for petitioners who properly file Form I-751, Petition to Remove Conditions on Residence, or Form I-829","countries":"","short_title":"Green Card validity extended 48 months for investors with a pending Form I-829","plain_summary":"","year":"2023"},{"event_id":"e-7164bc6ab6","date":"2023","date_precision":"year","jurisdiction":"HKG","program_id":"hkg-new-cies","category":"context","title":"2023-24 Budget announces a new CIES","description":"The 2023-24 Budget says a new CIES will be introduced; the 2023 Policy Address sets the threshold at HK$30 million.","source_id":"hkg-fstb-legco-brief-new-cies-2023","location":"p. 2, para 3","quote":"The 2023-24 Budget set out that a new CIES would be introduced with a view to further enriching the talent pool and attracting more new capital to Hong Kong.","countries":"","short_title":"Hong Kong's 2023-24 budget announces a new investor residence scheme","plain_summary":"The 2023-24 budget said a new Capital Investment Entrant Scheme would be introduced to enrich the talent pool and attract new capital. The 2023 policy address set the threshold at HK$30 million.","year":"2023"},{"event_id":"e-d604a9c73d","date":"2023","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"context","title":"DBP interest rate on PRA deposits raised from 1.0% to 1.75%","description":"Under GM Cynthia L. Carrion PRA negotiated with DBP to raise the interest rate on PRA deposits from 1.0% to 1.75%, and began recovering long-overdue bank management fees from EastWest Bank.","source_id":"phl-pra-ar-2025","location":"PDF p. 22 (report p. 18), 40-year timeline","quote":"Negotiated with DBP to increase the interest rate on PRA deposits from 1.0% to 1.75%.","countries":"","short_title":"DBP interest rate on PRA deposits raised from 1.0% to 1.75%","plain_summary":"","year":"2023"},{"event_id":"e-ae2be94848","date":"2022-12-29","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Deadline for regional center Form I-956 amendments under the Behring settlement lifted","description":"USCIS said 29 Dec 2022 was no longer the deadline for filing Form I-956 amendments required by the Behring settlement; the deadline is extended until USCIS publishes guidance. The page does not give the date of the announcement; the date is the lifted deadline.","source_id":"usa-uscis-web-eb5-whats-new-2025","location":"alert on Form I-956 amendments","quote":"Dec. 29, 2022, is no longer the deadline to file Form I-956, Application for Regional Center Designation, amendments, as required by the Behring Settlement.","countries":"","short_title":"Deadline for regional center Form I-956 amendments under the Behring settlement lifted","plain_summary":"","year":"2022"},{"event_id":"e-86c9b1d84a","date":"2022-12-23","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"rule_change","title":"Initial investor residence authorisation extended from two to three years","description":"Ley 28/2022 (start-ups law) amends art. 67.1 Ley 14/2013 so the first investor residence authorisation lasts three years. In force the day after publication (BOE 22 Dec 2022).","source_id":"esp-boe-ley-28-2022","location":"p. 179048, disposición final quinta, Tres (art. 67.1)","quote":"La autorización inicial de residencia para inversores tendrá una duración de tres años","countries":"","short_title":"Spain extends first golden-visa permit from two to three years","plain_summary":"A new Spanish law extended the first investor residence authorisation from two years to three years, taking effect the day after it was published.","year":"2022"},{"event_id":"e-3e054cb34c","date":"2022-12-23","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"price_change","title":"Minimum raised to EUR 500,000 in parts of Athens, Thessaloniki, Mykonos, Santorini","description":"Law 5007/2022 (ΦΕΚ Α 241/23.12.2022) art. 91 sets EUR 500,000 (single property) in high-demand areas; EUR 250,000 elsewhere. According to art. 92 (read on taxheaven.gr but not stored, so not checkable here), deals with a deposit by 31.7.2023 could be completed at EUR 250,000 until 30.4.2024.","source_id":"grc-law-5007-2022","location":"art. 91 (art. 92 not in the stored copy)","quote":"καθορίζεται σε πεντακόσιες χιλιάδες (500.000) ευρώ","countries":"","short_title":"Greece raises property threshold in popular areas","plain_summary":"Greece raised its property-investment threshold to EUR 500,000 in high-demand areas including parts of Athens, Thessaloniki, Mykonos and Santorini, keeping EUR 250,000 elsewhere, with some ongoing deals allowed to close at the old price.","year":"2022"},{"event_id":"e-880c0f7f74","date":"2022-12-08","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"context","title":"Anguilla's fund route had never been open","description":"Executive Council noted that the US$150,000 Capital Development Fund route in the Act had not been available because the fund had not been established, and moved to set it up.","source_id":"aia-exco-minutes-2022-12-08","location":"p. 2","quote":"However, this option was not available to interested persons because the fund was not established.","countries":"","short_title":"Anguilla's development fund route had never been open","plain_summary":"On 8 December 2022 the Executive Council noted that the US$150,000 Capital Development Fund route in the law had not been available because the fund was never established. It moved to set it up.","year":"2022"},{"event_id":"e-2b195b84d7","date":"2022-12-08","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"context","title":"Executive Council approves a retroactive-track residence-by-investment application","description":"Executive Council approved, under s. 10(2) of the Anguilla Economic Residence Act, the application of a principal applicant on the retroactive track (East End property owned since 31 August 2018, valued above the US$750,000 threshold), after noting the due diligence outcome, and asked that the applicant fulfil any requirements within 60 days. Shows the retroactive route in use in late 2022; the minutes give no counts.","source_id":"aia-exco-minutes-2022-12-08","location":"pp. 3-4, Ex Min 22/389","quote":"approved the application pursuant to section 10(2) of the Anguilla Economic Residence Act","countries":"","short_title":"Executive Council approves a retroactive-track residence-by-investment application","plain_summary":"","year":"2022"},{"event_id":"e-b5a42940ab","date":"2022-10-21","date_precision":"day","jurisdiction":"COL","program_id":"col-investor-visa","category":"rule_change","title":"Colombia merges investor routes into the Visa M Inversionista","description":"Resolución 5477 of 22 July 2022, in force 90 days after publication, replaces the 2017 visa rules: foreign direct investment above 650 minimum wages or real estate of 350 minimum wages now both give a Migrant (M) investor visa valid up to three years.","source_id":"col-mre-res-5477-2022","location":"PDF p. 1 banner; PDF p. 37, art. 79","quote":"<Rige a partir de noventa (90) días después de su publicación en el Diario Oficial. 21 de octubre de 2022>","countries":"","short_title":"Colombia merges investor routes into the Visa M Inversionista","plain_summary":"","year":"2022"},{"event_id":"e-7489a14acf","date":"2022-10-18","date_precision":"day","jurisdiction":"PRY","program_id":"pry-investor-residence","category":"rule_change","title":"Paraguay's 2022 migration law lets SUACE investors go straight to permanent residence","description":"Ley 6984/2022 De Migraciones (promulgated 17 Oct 2022, published 18 Oct 2022 per the Congress library record) exempts foreigners who prove investments under Ley 4986/2013 (SUACE) from the temporary-residence stage required before permanent residence (art. 46), and repeals Ley 978/1996 (art. 107). The law states no entry-into-force date; the date is the publication date.","source_id":"pry-ley-6984-2022","location":"art. 46 (Residencia Temporal), last paragraph; art. 107; BACN record header (Fecha de Publicación)","quote":"Quedan exceptuados del cumplimiento de la residencia temporal como trámite previo a la obtención de la residencia permanente, aquellos extranjeros que puedan demostrar fehacientemente la realización de inversiones en la República del Paraguay","countries":"","short_title":"Paraguay's 2022 migration law lets SUACE investors go straight to permanent residence","plain_summary":"","year":"2022"},{"event_id":"e-7e609f9061","date":"2022-10-13","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"price_change","title":"Reduced B/.300,000 property threshold extended to 48 months (DE 109)","description":"Decreto Ejecutivo 109 of 13 Oct 2022, published the same day, extends the transitional B/.300,000 real-estate minimum from 24 to 48 months after DE 722 took effect (to mid-October 2024); the standard amount stays B/.500,000.","source_id":"pan-go-de109-2022","location":"p. 7, art. 2","quote":"Durante los primeros cuarenta y ocho meses posteriores a la entrada en vigencia del presente Decreto Ejecutivo","countries":"","short_title":"Panama extends its lower B/.300,000 property-investment threshold","plain_summary":"Panama extended its reduced B/.300,000 minimum real-estate investment for residence by investment, keeping it in place until mid-October 2024 instead of returning to the standard B/.500,000.","year":"2022"},{"event_id":"e-8b7fe3cf9f","date":"2022-10-03","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"price_change","title":"Cabinet Resolution 65/2022 in force; golden residence rules moved to its annex","description":"Executive regulation of Decree-Law 29/2021 takes effect; art. 77 puts golden residence under an annex and art. 79 repeals Cabinet Resolution No. 8 of 2021 on golden residence permits.","source_id":"are-cabinet-res-65-2022","location":"art. 79(2) and art. 80","quote":"يُلغى قرار مجلس الوزراء رقم (8) لسنة 2021 في شأن تنظيم تصاريح الإقامة الذهبية","countries":"","short_title":"United Arab Emirates moves golden residence rules into new regulation's annex","plain_summary":"New executive rules for the United Arab Emirates took effect, placing the golden residence permit rules in an annex and repealing the earlier 2021 rules on them.","year":"2022"},{"event_id":"e-696c044188","date":"2022-10-03","date_precision":"day","jurisdiction":"ARE","program_id":"are-green-residence-investor","category":"launch","title":"Green residence for investors and partners takes effect (Cabinet Resolution 65/2022)","description":"The executive regulation of Decree-Law 29/2021 creates a five-year green residence, without a sponsor, for foreigners coming to the UAE as investors or partners in a commercial project (arts. 38(2) and 41); the amount is left to a decision of the ICP chairman. Issued 12 Jul 2022, in force 3 Oct 2022 (art. 80).","source_id":"are-cabinet-res-65-2022","location":"PDF p. 17, art. 41; PDF p. 28, art. 80","quote":"للهيئة أن تمنح الإقامة الخضراء للأجنبي القادم إلى الدولة للإقامة مستثمراً أو شريكاً في مشروع تجاري","countries":"","short_title":"Green residence for investors and partners takes effect (Cabinet Resolution 65/2022)","plain_summary":"","year":"2022"},{"event_id":"e-bdee6d133a","date":"2022-10-03","date_precision":"day","jurisdiction":"ARE","program_id":"are-retiree-residence","category":"launch","title":"Five-year residence for retirees with AED 1 million in property or deposit takes effect (Cabinet Resolution 65/2022)","description":"Arts. 51-52 of the executive regulation allow a five-year renewable residence without a sponsor for retired foreigners (15 years of service or age 55) who own UAE property or hold a deposit of at least AED 1,000,000, or have an annual income of at least AED 240,000. Issued 12 Jul 2022, in force 3 Oct 2022 (art. 80). Whether an earlier retiree permit existed is not shown in a stored document.","source_id":"are-cabinet-res-65-2022","location":"PDF p. 20, arts. 51-52; PDF p. 28, art. 80","quote":"للهيئة أن تصدر تصريح إقامة للأجنبي المتقاعد بدون ضامن/ مستضيف لمدة (5) خمس سنوات قابلة للتجديد","countries":"","short_title":"Five-year residence for retirees with AED 1 million in property or deposit takes effect (Cabinet Resolution 65/2022)","plain_summary":"","year":"2022"},{"event_id":"e-e40fc78057","date":"2022-10-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS starts charging the USD 1,000 Integrity Fund fee on each regional-center investor petition","description":"From 1 October 2022, following the Form I-526E filing instructions, USCIS collected a USD 1,000 EB-5 Integrity Fund fee with each new petition by a regional center investor (2022 Act, INA 203(b)(5)(J)(ii)(II)).","source_id":"usa-fr-integrity-fund-fee-2023","location":"PDF p. 2 (88 FR 13142), footnote 1","quote":"Beginning on October 1, 2022 and in accordance with Form I–526E, Immigrant Petition by Regional Center Investor, filing instructions on the USCIS website, USCIS began collecting a $1,000 Integrity Fund Fee","countries":"","short_title":"USCIS starts charging the USD 1,000 Integrity Fund fee on each regional-center investor petition","plain_summary":"","year":"2022"},{"event_id":"e-bd494fb1c7","date":"2022-09-24","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Russian and Belarusian citizens barred from investor residence permits","description":"Amendments of 22.09.2022 (in force 24.09.2022) add art. 23.1: Russian and Belarusian citizens may request temporary residence permits only on listed grounds, none of which are the investor points 28-31. The Financial Intelligence Unit, with the State Security Service and others, was to review by 1 Oct 2023 whether existing investor permits of Russian and Belarusian citizens should be annulled (transitional point 60).","source_id":"lva-likumi-immigration-law-2022-09","location":"Art. 23.1(1)","quote":"Krievijas Federācijas pilsoņiem un Baltkrievijas Republikas pilsoņiem ir tiesības pieprasīt termiņuzturēšanās atļauju tikai šā likuma 23. panta trešajā, sestajā un septītajā daļā un šajā pantā minētajos gadījumos.","countries":"","short_title":"Latvia bars Russians and Belarusians from new investor residence permits","plain_summary":"Latvia changed its law so Russian and Belarusian citizens can no longer apply for investor residence permits, and ordered a review by October 2023 of whether to cancel permits already held.","year":"2022"},{"event_id":"e-d54817cc9f","date":"2022-09-19","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"applications_open","title":"Active Investor Plus visa opens for applications","description":"Active Investor Plus opens for applications with a NZ$15 million (or weighted equivalent) threshold.","source_id":"nzl-mbie-cab-regs-2022","location":"p. 2, para 5","quote":"The Active Investor Plus visa category was announced on 20 July and will open for applications on 19 September 2022.","countries":"","short_title":"New Zealand's Active Investor Plus visa opens","plain_summary":"On 19 September 2022 the visa opened for applications with a threshold of NZ$15 million, or a weighted equivalent. It had been announced on 20 July.","year":"2022"},{"event_id":"e-b97fad3996","date":"2022-09-19","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"launch","title":"Active Investor Plus immigration instructions take effect","description":"Immigration instructions BN3, effective 19 September 2022, set the Active Investor Plus resident visa: NZ$15 million or weighted equivalent, never less than NZ$5 million.","source_id":"nzl-inz-ops-bn3-2022","location":"BN3 (approval criteria, closing line)","quote":"not transferred and invested the funds as set out in (a)(vii) and (viii) within the timeframes set out in BN8.15 . Effective 19/09/2022","countries":"","short_title":"Active Investor Plus immigration instructions take effect","plain_summary":"","year":"2022"},{"event_id":"e-b017061b84","date":"2022-09-14","date_precision":"day","jurisdiction":"KAZ","program_id":"kaz-aifc-itrp","category":"launch","title":"AIFC enacts its Investment Tax Residency Programme regulations (USD 60,000)","description":"AIFC Regulations No. 42 of 2022 create the Investment Tax Residency Programme: USD 60,000 in eligible AIFC instruments gives an Investment Resident Certificate for up to five years and access to an investor visa or temporary residence permit. Enacted on adoption by the Governor; commence on publication on the AIFC website (date not printed).","source_id":"kaz-aifc-itrp-regs-2022","location":"Cover; ss. 2-3","quote":"AIFC REGULATIONS No. 42 of 2022 September 14, 2022","countries":"","short_title":"AIFC enacts its Investment Tax Residency Programme regulations (USD 60,000)","plain_summary":"","year":"2022"},{"event_id":"e-0408f56374","date":"2022-09-06","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"context","title":"Government confirms former Mexican president Peña Nieto holds a Spanish investor residence permit","description":"Answer to a parliamentary question: Enrique Peña Nieto holds an investor residence authorisation under Ley 14/2013, based on a EUR 570,000 commercial property in Madrid; the government knows of no other assets.","source_id":"esp-congreso-resp-184-87824-2022","location":"p. 1","quote":"el interesado acreditó la inversión por valor de 570.000 euros, libre de cargas y gravámenes, en un local comercial ubicado en Madrid","countries":"","short_title":"Spain confirms former Mexican president holds investor residence permit","plain_summary":"Spain's government confirmed former Mexican president Enrique Peña Nieto holds a Spanish golden-visa residence permit, based on a €570,000 commercial property he bought in Madrid.","year":"2022"},{"event_id":"e-e1a2c0b55b","date":"2022-09-01","date_precision":"day","jurisdiction":"MYS","program_id":"mys-pvip","category":"launch","title":"Premium Visa Programme launched","description":"Home Minister Hamzah Zainuddin launched the PVIP, a 'residency through investment' programme giving wealthy foreigners 20 years' residence; applications from agents opened on 1 October 2022.","source_id":"mys-fmt-pvip-2022","location":"para 4","quote":"On Sept 1, home minister Hamzah Zainuddin launched the PVIP to attract wealthy foreigners to invest in Malaysia and reside in the country for 20 years.","countries":"","short_title":"Malaysia launches its Premium Visa Programme","plain_summary":"On 1 September 2022 the Home Minister launched a residency-through-investment programme giving wealthy foreigners 20 years' residence. Applications through agents opened on 1 October 2022.","year":"2022"},{"event_id":"e-1e4d1310d8","date":"2022-09-01","date_precision":"day","jurisdiction":"THA","program_id":"tha-ltr-wgc","category":"applications_open","title":"Long-Term Resident visa opens","description":"The BOI's 10-year LTR visa, including the Wealthy Global Citizen investor category, opened for applications.","source_id":"tha-boi-ltr-brochure-2025","location":"p. 1","quote":"open for applications since September 1, 2022","countries":"","short_title":"Thailand opens its 10-year Long-Term Resident visa","plain_summary":"From 1 September 2022 Thailand's Board of Investment opened applications for its 10-year visa, including a Wealthy Global Citizen category for investors.","year":"2022"},{"event_id":"e-3f6971976b","date":"2022-09-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Separate fee payments required for EB-5 petitions filed with other forms","description":"From 1 Sept 2022 USCIS no longer accepts a single combined fee payment when Form I-526 or I-526E is filed together with Forms I-485, I-131 or I-765; combined payments lead to rejection.","source_id":"usa-uscis-web-eb5-whats-new-2025","location":"alert on combined fee payments","quote":"Beginning Sept. 1, 2022, we will no longer accept a single, combined fee payment when an applicant or petitioner files Form I-526","countries":"","short_title":"Separate fee payments required for EB-5 petitions filed with other forms","plain_summary":"","year":"2022"},{"event_id":"e-8c55418e90","date":"2022-07-27","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"legal","title":"Immigration Act 2022 replaces the 1970 Act","description":"The Immigration Act 2022 restates the residence routes (property at USD 375,000, retirees, occupation permits, family occupation permit).","source_id":"mus-immigration-act-2022","location":"s. 8(1)(d)-(f)","quote":"provided that the purchase price is not less than 375,000 US dollars","countries":"","short_title":"Mauritius passes a new immigration law replacing the 1970 one","plain_summary":"A new law passed on 27 July 2022 restated the residence routes: property at US$375,000, retirees, occupation permits and the family occupation permit.","year":"2022"},{"event_id":"e-ebd6b4228e","date":"2022-07-27","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-investor-2","category":"closure","title":"Investor 1 and Investor 2 closed to new applications","description":"Active Investor Plus announced 20 July 2022; changes to immigration instructions closed Investor 1 and 2 to new applications on 27 July 2022 (INZ: no applications accepted 'after 27 July 2022'; the archived instructions run 'to 28/07/2022'). Applications already lodged continued to be processed.","source_id":"nzl-mbie-cab-regs-2022","location":"p. 2, para 5","quote":"Changes to immigration instructions closed the Investor 1 and 2 categories to new applications on 27 July.","countries":"","short_title":"New Zealand closes Investor 1 and Investor 2 to new applications","plain_summary":"From 27 July 2022 New Zealand stopped accepting new applications for both categories, a week after announcing the Active Investor Plus visa. Applications already lodged continued to be processed.","year":"2022"},{"event_id":"e-088fee09fc","date":"2022-07","date_precision":"month","jurisdiction":"NZL","program_id":"nzl-aip","category":"context","title":"Investor migrant attraction and aftercare moved from INZ to NZTE","description":"Joint Ministers transfer investor migrant attraction and aftercare services from Immigration New Zealand to New Zealand Trade and Enterprise from the start of the 2022/23 financial year; NZTE also becomes steward of which investments are acceptable for Active Investor Plus.","source_id":"nzl-mbie-cab-investor-2022","location":"p. 8 (PDF), para 35","quote":"to transfer the location of investor migrant attraction and aftercare services from INZ to NZTE from the beginning of the 2022/23 financial year","countries":"","short_title":"Investor migrant attraction and aftercare moved from INZ to NZTE","plain_summary":"","year":"2022"},{"event_id":"e-301c2307c0","date":"2022-06-24","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Court bars USCIS from treating pre-2022 regional centers as deauthorised","description":"In Behring Regional Center LLC v. Mayorkas the N.D. Cal. preliminarily enjoined USCIS's reading that the 2022 Act deauthorised all regional centers designated before it (over 600, per the court).","source_id":"usa-court-behring-ndcal-2022","location":"p. 1","quote":"The United States Citizenship and Immigration Services (USCIS) interpreted the Act as unequivocally deauthorizing the 600-plus previously authorized regional centers.","countries":"","short_title":"Court blocks US from ending status of existing regional centers","plain_summary":"A US court temporarily stopped the US immigration service from treating more than 600 regional centers set up before a 2022 law as automatically shut down.","year":"2022"},{"event_id":"e-809ebc8d36","date":"2022-06-17","date_precision":"day","jurisdiction":"CPV","program_id":"cpv-green-card","category":"rule_change","title":"Green Card fee recast as a processing fee (Portaria 25/2022)","description":"First amendment of Portaria 61/2021, adopted 'com vista a operacionalização do GC': the CVE 5,000 is now a processing fee for the residence authorisation, split between DEF and Casa do Cidadão; the card fee follows Decreto-Lei 23/2020.","source_id":"cpv-bo-portaria-25-2022","location":"PDF p. 32, preamble","quote":"Neste sentido, com vista a operacionalização do GC é necessário proceder a alteração da citada Portaria n.º 61/2021, de 30 de dezembro.","countries":"","short_title":"Green Card fee recast as a processing fee (Portaria 25/2022)","plain_summary":"","year":"2022"},{"event_id":"e-0162b23635","date":"2022-06-13","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan amends the residence-grounds article (art. 16) and settlement article (art. 29) of the Hong Kong and Macao residence regulations","description":"Amendment of arts. 11, 16, 17, 25, 26, 29. The history does not show what changed.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 20","quote":"20. 中華民國一百十一年六月十三日內政部台內移字第 11109113761 號 令修正發布第 11、16、17、25、26、29 條條文","countries":"","short_title":"Taiwan amends the residence-grounds article (art. 16) and settlement article (art. 29) of the Hong Kong and Macao residence regulations","plain_summary":"","year":"2022"},{"event_id":"e-b1ec184a8b","date":"2022-06-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS publishes Form I-526E for regional-center investors","description":"Form I-526E (Immigrant Petition by Regional Center Investor) was published on 1 June 2022 under the 2022 Act; Form I-526 is now for standalone investors.","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 18 (90 FR 48533), section V.D.2","quote":"filed on or after June 1, 2022, the date USCIS published the form","countries":"","short_title":"USCIS publishes Form I-526E for regional-center investors","plain_summary":"","year":"2022"},{"event_id":"e-ab60eedbff","date":"2022-06-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS publishes project application and annual statement forms (I-956F, I-956G) and revises Form I-526","description":"Form I-956F (project application) and Form I-956G (regional center annual statement, replacing I-924A) published on 1 June 2022; Form I-526 revised the same day. Table 6's note cites a USCIS release dated 2 June 2022.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 12 (91 FR 40687)","quote":"USCIS published Form I–956F on June 1, 2022","countries":"","short_title":"USCIS publishes project application and annual statement forms (I-956F, I-956G) and revises Form I-526","plain_summary":"","year":"2022"},{"event_id":"e-2bee8d1e65","date":"2022-05-30","date_precision":"day","jurisdiction":"OMN","program_id":"omn-itc-property-residence","category":"rule_change","title":"Oman amends who may own property in Integrated Tourism Complexes (MD 109/2022)","description":"Ministerial Decision 109/2022 replaces art. 2 of the ITC executive regulations: Omanis and non-Omanis, natural or legal persons, may own built units or plots in ITCs for residence or investment; in Musandam non-Omanis may buy built units only on usufruct of up to 99 years. Issued 18 May 2022, published 29 May 2022, in force the next day.","source_id":"omn-mhup-dec-109-2022","location":"Art. 1 and 3","quote":"ولا يجوز لغير العماني في المجمعات السياحية المتكاملة في محافظة مسندم إلا شراء الوحدات المبنية بنظام حق الانتفاع وبما لا تجاوز مدته (٩٩) تسعا وتسعين سنة","countries":"","short_title":"Oman amends who may own property in Integrated Tourism Complexes (MD 109/2022)","plain_summary":"","year":"2022"},{"event_id":"e-f0ebe8a975","date":"2022-05-25","date_precision":"day","jurisdiction":"LKA","program_id":"lka-golden-paradise","category":"launch","title":"Sri Lanka sets up the Golden Paradise Visa for investors","description":"Immigration circular 01/2022/VISA lays down the Golden Paradise Visa: a 10-year residence visa for a foreigner who deposits at least US$100,000 in a Golden Paradise account in Sri Lanka (US$50,000 to be kept after the first year), for the investor, spouse and children under 16.","source_id":"lka-immig-gp-circular-2022","location":"p. 1, heading and Criteria","quote":"Following procedure should be followed when granting the Golden Paradise Visa","countries":"","short_title":"Sri Lanka sets up the Golden Paradise Visa for investors","plain_summary":"","year":"2022"},{"event_id":"e-4b0ecc59d8","date":"2022-05-14","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Reformed Regional Center Program takes effect","description":"Sec. 103(b) of the 2022 Act took effect 60 days after enactment, i.e. on 14 May 2022, ending the lapse that began on 1 July 2021.","source_id":"usa-fr-eb5-fee-rule-2026","location":"PDF p. 1 (91 FR 61940), section I.B","quote":"effective May 14, 2022, through September 30, 2027.","countries":"","short_title":"US investor visa regional-center programme restarts after reform","plain_summary":"A reformed version of the US investor visa programme's regional-center option took effect on 14 May 2022, ending a lapse that had begun in July 2021.","year":"2022"},{"event_id":"e-7c0f9997d5","date":"2022-05-13","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS publishes Form I-956 for regional center designation","description":"New Form I-956 replaced Form I-924; required for regional center designation from 14 May 2022, when the reformed program took effect.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 12 (91 FR 40687)","quote":"USCIS published Form I– 956 on May 13, 2022, under an exemption from the Paperwork Reduction Act","countries":"","short_title":"USCIS publishes Form I-956 for regional center designation","plain_summary":"","year":"2022"},{"event_id":"e-7efbc3d0a9","date":"2022-05-09","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"Cabinet lowers planned Active Investor Plus threshold to $15 million","description":"Cabinet revises the planned settings: minimum $15 million or weighted equivalent (direct investment 3x, so $5 million minimum), listed equities capped at 50%, investment over three years held to year four, 117 days in NZ over four years.","source_id":"nzl-mbie-cab-minute-2022","location":"p. 2, para 4.2","quote":"reduce the minimum investment threshold from $25 million to $15 million, or weighted equivalent (with the most active type of investment requiring $5 million)","countries":"","short_title":"New Zealand lowers its planned investor visa minimum","plain_summary":"Cabinet cut the planned minimum from NZ$25 million to NZ$15 million; direct investment needs NZ$5 million.","year":"2022"},{"event_id":"e-60d4bc2779","date":"2022-04-29","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Jay Peak owner Ariel Quiros sentenced to five years for AnC Vermont EB-5 fraud","description":"Quiros was sentenced to 60 months and ordered to pay $8,338,600.77 in restitution; co-defendants Stenger and Kelly got 18 months each and Choi remains at large. From 2012 to 2016 about 169 investors put about $85 million into the AnC Vermont biotech project, which was never built.","source_id":"usa-doj-vt-quiros-2022","location":"press release, 2nd paragraph","quote":"From 2012 to 2016, the defendants convinced approximately 169 investors to invest approximately $85 million in the AnC Vermont project","countries":"","short_title":"Jay Peak owner jailed five years for investor-visa fraud","plain_summary":"Ariel Quiros, who owned Vermont's Jay Peak resort, was sentenced to five years under the US investor-visa programme and must repay US$8,338,600.77; about 169 investors had put US$85 million into a biotech project never built.","year":"2022"},{"event_id":"e-e3a513b39c","date":"2022-04-21","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"Ten sanctioned Russians had held Tier 1 (Investor) leave","description":"Written answer: as of 19 April 2022, 10 sanctioned Russian nationals had previously held Tier 1 (Investor) leave, 7 of them with grants after 2014.","source_id":"gbr-ho-pq153990-2022","location":"answer text","quote":"a total of 10 sanctioned Russian nationals have previously held at least one grant of Tier 1 (investor) leave","countries":"","short_title":"Ten sanctioned Russians previously held UK investor visas","plain_summary":"A UK parliamentary answer said that, as of 19 April 2022, ten sanctioned Russian nationals had previously held Tier 1 (Investor) visas, seven of them granted after 2014.","year":"2022"},{"event_id":"e-4d0f776c07","date":"2022-04-18","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"rule_change","title":"Cabinet approves new executive regulations: golden residence expanded, property route AED 2 million","description":"Golden residence becomes 10 years for all categories, with wider family sponsorship and no limit on time abroad; real-estate investors qualify from AED 2 million including mortgaged and off-plan property. In force 90 days after publication.","source_id":"are-wam-exec-regs-2022","location":"paras \"Golden Residence\" and \"Golden Residence for Real Estate Investors\"","quote":"Substantial amendments are introduced to the Golden Residence Scheme to simplify the eligibility criteria and expand the categories of beneficiaries.","countries":"","short_title":"UAE expands golden residence, lowers property investment entry","plain_summary":"The UAE Cabinet approved new rules making golden residence last 10 years for all categories with wider family sponsorship, and let real-estate investors qualify from AED 2 million, including mortgaged and off-plan property.","year":"2022"},{"event_id":"e-e16ffd9412","date":"2022-04-18","date_precision":"day","jurisdiction":"ARE","program_id":"are-green-residence-investor","category":"rule_change","title":"Cabinet approves five-year green residence for investors or partners, replacing a two-year permit","description":"WAM reports Cabinet approval of the executive regulation: a new five-year green residence for investors establishing or participating in commercial activities replaces an investor residence valid for two years; requirements are approval and proof of the investment and local approval. In force 90 days after publication.","source_id":"are-wam-exec-regs-2022","location":"para \"Green Residence for Investor or Partner\"","quote":"This residence permit is introduced to encourage investment, providing 5-year residency for investors establishing or participating in commercial activities.","countries":"","short_title":"Cabinet approves five-year green residence for investors or partners, replacing a two-year permit","plain_summary":"","year":"2022"},{"event_id":"e-301073abbe","date":"2022-04-12","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"visa_access","title":"Spain says it is not issuing investor visas to Russian nationals","description":"After Russia's invasion of Ukraine, the government tells Parliament that no Ley 14/2013 investor (capital, real-estate, business project) or entrepreneur visas are currently being issued to Russian nationals. Date is the date of the answer; when issuing stopped is not stated.","source_id":"esp-congreso-resp-184-81047-2022","location":"p. 1","quote":"En la actualidad no se están expidiendo visados amparados en la Ley 14/2013","countries":"","short_title":"Spain halts investor visas for Russian nationals","plain_summary":"After Russia's invasion of Ukraine, Spain's government told Parliament it was no longer issuing investor or entrepreneur visas to Russian nationals; it did not say when this had started.","year":"2022"},{"event_id":"e-182a2423dd","date":"2022-04-09","date_precision":"day","jurisdiction":"UZB","program_id":"uzb-property-residence","category":"price_change","title":"Uzbekistan cuts the Tashkent property threshold to USD 300,000","description":"Decree UP-101 of 8 April 2022 (published 09.04.2022) lowers the threshold for Tashkent city and region from USD 400,000 to USD 300,000.","source_id":"uzb-lex-up5611-consol","location":"para 5, third paragraph","quote":"в редакции Указа Президента Республики Узбекистан от 8 апреля 2022 года № УП-101","countries":"","short_title":"Uzbekistan cuts the Tashkent property threshold to USD 300,000","plain_summary":"","year":"2022"},{"event_id":"e-c7b86cade9","date":"2022-03-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"rule_change","title":"Commission recommends immediate repeal of investor citizenship schemes","description":"Recommendation C(2022) 2028: member states should repeal investor citizenship schemes and review golden passports and residence permits held by sanctioned Russian and Belarusian nationals.","source_id":"intl-ec-ip-22-1731","location":"Press release text","quote":"the Commission is urging Member States to immediately repeal any existing investor citizenship schemes","countries":"","short_title":"EU tells member states to scrap citizenship sales","plain_summary":"The European Commission urged its member states to immediately repeal citizenship-sale schemes and review golden passports and residence permits held by sanctioned Russians and Belarusians.","year":"2022"},{"event_id":"e-4d431232bc","date":"2022-03-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"rule_change","title":"Commission asks member states to stop issuing investor residence permits to Russians and Belarusians","description":"Recommendation C(2022) 2028, point 5: member states running investor residence schemes should suspend permits for Russian and Belarusian nationals; point 4: withdraw or refuse to renew permits of sanctioned persons; point 6: report by end of May 2022.","source_id":"intl-ec-rec-c-2022-2028","location":"PDF p. 8 (Commission document p. 7), points 4-6","quote":"Member States that operate investor residence schemes should suspend the issuance of residence permits on the basis of investor residence schemes to Russian and Belarusian nationals","countries":"","short_title":"EU asks countries to stop golden visas for Russians","plain_summary":"After the invasion of Ukraine, the European Commission asked member states to stop issuing investor residence permits to Russians and Belarusians and to withdraw those of sanctioned people.","year":"2022"},{"event_id":"e-c9b85d17ec","date":"2022-03-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"rule_change","title":"Commission: naturalisations of sanctioned Russian and Belarusian investors should be reviewed","description":"Point 3 of Recommendation C(2022) 2028: member states that naturalised Russian or Belarusian nationals under investor citizenship schemes should immediately assess withdrawing citizenship from those under EU sanctions or supporting the war, including family members.","source_id":"intl-ec-rec-c-2022-2028","location":"PDF p. 8 (Commission document p. 7), point 3","quote":"any Member State that has naturalised Russian or Belarusian nationals based on an investor citizenship scheme should immediately assess","countries":"","short_title":"EU asks countries to review golden passports of sanctioned Russians","plain_summary":"The Commission asked member states to consider taking citizenship away from Russian or Belarusian investors under EU sanctions or supporting the war.","year":"2022"},{"event_id":"e-f225a3927a","date":"2022-03-22","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"No further applications from Russian citizens","description":"After Russia's invasion of Ukraine the minister barred Russian applicants. The exact date of the instruction is not printed; the date is that of the earliest Dail answer reporting it ('recently instructed', 22 Mar 2022). The 6 Apr 2022 answer (irl-oir-wa-2022-04-06, Q175/177 and Q183-184) repeats it and adds that there were no Russian beneficiaries or applications.","source_id":"irl-oir-wa-2022-03-22","location":"Written answers 22 Mar 2022, Questions 776 and 781 (answered together) [14806/22], [14997/22]","quote":"I have recently instructed that no further applications from Russian citizens will be accepted into the Immigrant Investor Programme.","countries":"","short_title":"Ireland bars Russians from its investor programme","plain_summary":"After Russia's invasion of Ukraine, Ireland's minister barred further applications from Russian citizens to the Immigrant Investor Programme; officials said there were no Russian beneficiaries.","year":"2022"},{"event_id":"e-529e1334ad","date":"2022-03-15","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"EB-5 Reform and Integrity Act of 2022 signed","description":"Division BB of the Consolidated Appropriations Act, 2022: minimum investment USD 1,050,000 / 800,000 (TEA and infrastructure), 32% of visas reserved (20% rural, 10% high unemployment, 2% infrastructure), automatic inflation adjustment from 2027, Regional Center Program reauthorised through 30 Sep 2027 with new integrity rules (Integrity Fund fees, audits, bona fides checks, promoter registration), repeal of sec. 610 of 1992.","source_id":"usa-law-pl117-103-2022","location":"Div. BB sec. 103(b), 136 Stat. 1075 (PDF p. 1027)","quote":"Visas under this subparagraph shall be made available through September 30, 2027","countries":"","short_title":"US reforms and reauthorises its investor visa programme","plain_summary":"A new US law raised investor visa minimums to US$1,050,000 (US$800,000 in target areas), reserved a third of visas for rural and high-unemployment projects, and reauthorised the regional centre programme through 2027.","year":"2022"},{"event_id":"e-76ae685c77","date":"2022-03-14","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"Children up to 34 allowed as MM2H dependants","description":"The Home Minister signed the Immigration (Amendment) Regulations 2022 on 14 March 2022; the amended Immigration Circular raises the age limit for child dependants to 34, if unmarried and not working in Malaysia (gazetted the day before the 16 March 2022 hearing, as stated orally).","source_id":"mys-pac-mm2h-dr5-2022","location":"PDF p. 39 (transcript p. 20)","quote":"Yang Berhormat Menteri pada 14 Mac yang lalu telah menandatangani Peraturan-","countries":"","short_title":"Children up to 34 allowed as MM2H dependants","plain_summary":"","year":"2022"},{"event_id":"e-6f2b0cbb0c","date":"2022-03-09","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"rule_change","title":"European Parliament calls for phase-out of CBI and pressure on Caribbean CBI states","description":"Resolution with proposals to the Commission: CBI schemes \"objectionable\", should be phased out; asks the Commission to push visa-free third countries with CBI schemes — footnoted as Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis and Saint Lucia — to abolish them.","source_id":"intl-ep-res-2022-0065","location":"para 17 and fn 21, OJ C 347/103","quote":"Notes that a risk stems from third countries that have CBI schemes and that benefit from visa-free travel to the Union","countries":"","short_title":"European Parliament calls for citizenship sales to be phased out","plain_summary":"The European Parliament called citizenship-for-sale schemes objectionable and asked the European Commission to press visa-free Caribbean countries, including Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis and Saint Lucia, to abolish them.","year":"2022"},{"event_id":"e-b5ed522b61","date":"2022-03-04","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"context","title":"FATF puts the UAE under increased monitoring (grey list)","description":"FATF lists the UAE as a jurisdiction with strategic AML/CFT deficiencies and a seven-point action plan. The plan does not mention residence or citizenship by investment.","source_id":"intl-fatf-increased-monitoring-2022-03","location":"UAE section","quote":"United Arab Emirates (UAE) made a high-level political commitment to work with the FATF and MENAFATF to strengthen the effectiveness of its AML/CFT regime","countries":"","short_title":"Global watchdog puts UAE on money-laundering grey list","plain_summary":"The global money-laundering watchdog listed the UAE as having strategic deficiencies and set a seven-point action plan, which did not mention its residence or citizenship investment programmes.","year":"2022"},{"event_id":"e-38b5e192c1","date":"2022-03-03","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"rule_change","title":"Residential property becomes a route to the investor residence card","description":"Housing Ministry Decision 58/2022 lets foreigners qualify for the first or second category card through residential units worth OMR 500,000 or OMR 250,000; first-category holders may also own one property outside designated areas. Published 13 Mar 2022.","source_id":"omn-mhup-dec-58-2022","location":"Art. 1-2","quote":"يحق للمستثمر غير العماني الراغب في الحصول على بطاقة إقامة من الفئة الأولى طلب شهادة من أمانة السجل العقاري","countries":"","short_title":"Oman lets home buyers qualify for investor residence cards","plain_summary":"From a decision published on 13 March 2022, foreigners can qualify for first or second category cards through homes worth OMR 500,000 or OMR 250,000. First-category holders may also own one property outside designated areas.","year":"2022"},{"event_id":"e-418088dc98","date":"2022-03","date_precision":"month","jurisdiction":"MLT","program_id":"mlt-mprp","category":"rule_change","title":"Russian nationals excluded from the Malta permanent residence programme","description":"IMI Daily notes that Russians have been excluded from the programme since March 2022.","source_id":"mlt-imi-rma-stats-2023","location":"para 9","quote":"Russian (excluded from the program since March 2022)","countries":"","short_title":"Russian nationals excluded from the Malta permanent residence programme","plain_summary":"","year":"2022"},{"event_id":"e-774fa63af0","date":"2022-02-23","date_precision":"day","jurisdiction":"IMN","program_id":"imn-tier1-investor","category":"closure","title":"Isle of Man closes the Tier 1 (Investor) route to new applicants","description":"From the Immigration Rules in effect 23 February 2022, para 245E says the route is closed to new applicants; existing holders may extend or settle. The rules in effect 14-22 February 2022 still provided for entry clearance. The Statement of Changes making the closure was not retrieved.","source_id":"imn-gov-immigration-rules-2022-02-23","location":"Para 245E, p. 82","quote":"This route is now closed to new applicants. Individuals who already have entry clearance, leave to enter or remain as a Tier 1 (Investor) Migrant may apply under these rules to extend their stay or for indefinite leave to remain.","countries":"","short_title":"Isle of Man closes the Tier 1 (Investor) route to new applicants","plain_summary":"","year":"2022"},{"event_id":"e-27d287659a","date":"2022-02-23","date_precision":"day","jurisdiction":"IMN","program_id":"imn-tier1-investor","category":"rule_change","title":"Isle of Man sets final deadlines for Tier 1 (Investor) extensions (23 Feb 2026) and settlement (23 Feb 2028)","description":"The Immigration Rules in effect from 23 February 2022, which close the route to new applicants, require that applications for leave to remain as a Tier 1 (Investor) Migrant be made before 23 February 2026 (para 245ED(h)) and applications for indefinite leave to remain before 23 February 2028 (para 245EF(f)).","source_id":"imn-gov-immigration-rules-2022-02-23","location":"Part 6A, paras 245ED(h), 245EF(f)","quote":"(h) The application must be made before 23 February 2026.","countries":"","short_title":"Isle of Man sets final deadlines for Tier 1 (Investor) extensions (23 Feb 2026) and settlement (23 Feb 2028)","plain_summary":"","year":"2022"},{"event_id":"e-8c6db33873","date":"2022-02-17","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"closure","title":"Tier 1 (Investor) route closed to new applicants with immediate effect","description":"CP 632 closes the route at 16:00 on 17 Feb 2022 without the usual 21 days' notice. Reasons: small economic benefit, vulnerability to illicitly obtained wealth and to complex schemes that avoid genuine investment. Existing investors may extend until 17 Feb 2026 and apply to settle until 17 Feb 2028.","source_id":"gbr-ho-cp632-em-2022","location":"PDF p. 2, para 7.2","quote":"The Tier 1 (Investor) Migrant route is being closed to new applications because the Government considers the economic benefit of the route to the United Kingdom to be small","countries":"","short_title":"UK closes investor visa route with immediate effect","plain_summary":"The UK closed its Tier 1 (Investor) visa route to new applicants immediately, citing small economic benefit and vulnerability to illicit wealth; existing investors can extend status until 2026 and apply to settle until 2028.","year":"2022"},{"event_id":"e-fa6516db8d","date":"2022-02-10","date_precision":"day","jurisdiction":"BHR","program_id":"bhr-golden-residency","category":"launch","title":"Interior Minister Order 20/2022 sets golden residence rules","description":"The order sets the categories (property of at least BHD 200,000 at purchase, retirees, talents, employees), a 10-year renewable permit, a BHD 300 fee per person and loss of the permit after less than 90 days' presence a year.","source_id":"bhr-moi-order-20-2022","location":"Art. 1, 7, 8","quote":"وتكون رخصة الإقامة صالحة لمدة عشر سنوات قابلة للتجديد لمدد أخرى مماثلة","countries":"","short_title":"Bahrain sets rules for golden residence","plain_summary":"An order of 10 February 2022 set categories: property of at least BHD 200,000, retirees, talents and employees. The 10-year permit costs BHD 300 and is lost after under 90 days' presence a year.","year":"2022"},{"event_id":"e-43713ddf8e","date":"2022-02-07","date_precision":"day","jurisdiction":"BHR","program_id":"bhr-golden-residency","category":"launch","title":"Bahrain launches the Golden Residency visa","description":"Bahrain launches a 10-year renewable golden residence permit for property owners, retirees, long-serving residents and talents.","source_id":"bhr-gdn-2000-benefit-2022","location":"para 1","quote":"the Golden Residency Visa Programme which was launched on February 7 this year","countries":"","short_title":"Bahrain launches its Golden Residency visa","plain_summary":"On 7 February 2022 Bahrain launched a 10-year renewable residence permit for property owners, retirees, long-serving residents and talented people.","year":"2022"},{"event_id":"e-d993b95321","date":"2022-02","date_precision":"month","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"closure","title":"UK abolishes the Tier 1 investor visa (as described by TI-España)","description":"TI-España says the UK government definitively abolished its Tier 1 investor visa programme in February 2022, citing illicit financial flows from Russia.","source_id":"esp-ti-golden-visas-2023","location":"p. 21","quote":"en febrero de 2022, el gobierno británico suprimió definitivamente su programa de visados de inversión (Tier 1)","countries":"","short_title":"UK abolishes the Tier 1 investor visa (as described by TI-España)","plain_summary":"","year":"2022"},{"event_id":"e-51059ae084","date":"2022-01-28","date_precision":"day","jurisdiction":"TWN","program_id":"twn-apr-investment","category":"rule_change","title":"Taiwan Immigration Act amendment of 12 January 2022 takes effect, including the permanent-residence revocation rules (arts. 31-34)","description":"The amendment promulgated 12 January 2022 (arts. 4-8, 13-15, 17-22, 24, 26-28, 30-34 and others) took effect on 28 January 2022 by Executive Yuan order. Art. 33 holds the revocation of permanent residence (incl. the 183-day yearly stay); the history does not show what changed.","source_id":"twn-moj-immigration-act-history-2026","location":"amendment history, entry 11","quote":"中華民國一百十一年一月二十八日行政院院臺法字第 1110002552 號 令發布定自一百十一年一月二十八日施行","countries":"","short_title":"Taiwan Immigration Act amendment of 12 January 2022 takes effect, including the permanent-residence revocation rules (arts. 31-34)","plain_summary":"","year":"2022"},{"event_id":"e-d5f930f044","date":"2022-01-15","date_precision":"day","jurisdiction":"UZB","program_id":"uzb-property-residence","category":"rule_change","title":"Uzbekistan replaces the list of countries whose citizens may get residence by buying property (Annex 6 of UP-5611, now 111 countries)","description":"Decree UP-52 of 15 January 2022 gives Annex 6 of Decree UP-5611 a new wording: a list of 111 countries (China counted with Hong Kong and Macao) whose citizens may obtain a residence permit on buying real estate at the para 5 thresholds. The earlier list is not in this stored edition.","source_id":"uzb-lex-up5611-consol","location":"Annex 6, note after item 111","quote":"(приложение№ 6 в редакции Указа Президента Республики Узбекистан от 15 января 2022 года № УП-52 — Национальная база данных законодательства, 15.01.2022 г., № 06/22/52/0029)","countries":"","short_title":"Uzbekistan replaces the list of countries whose citizens may get residence by buying property (Annex 6 of UP-5611, now 111 countries)","plain_summary":"","year":"2022"},{"event_id":"e-6d76f09896","date":"2022-01-01","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"price_change","title":"Coastal and big-city homes no longer qualify; higher minimums apply","description":"DL 14/2021 takes effect: residential property in Lisbon, Porto and the coast no longer qualifies; capital transfer EUR 1.5m; research, funds, company EUR 500k.","source_id":"prt-dl-14-2021","location":"PDF p. 3","quote":"apenas permitem o acesso ao presente regime caso se situem nas Regiões Autónomas dos Açores e da Madeira ou nos territórios do interior","countries":"","short_title":"Portugal's golden visa drops coastal and big-city homes","plain_summary":"Portugal's new rules took effect, excluding residential property in Lisbon, Porto and coastal areas from the golden visa, and raising minimums to €1.5 million for capital transfers and €500,000 for research, funds or companies.","year":"2022"},{"event_id":"e-dde31d8f3b","date":"2022-01-01","date_precision":"day","jurisdiction":"ZMB","program_id":"zmb-investor-permit","category":"price_change","title":"Zambia replaces the immigration fee schedule: investor's permit 40,000 fee units, renewal 50,000","description":"SI 113 of 2021 revokes and replaces the Fourth Schedule (prescribed fees) of the Immigration and Deportation (General) Regulations 2011 from 1 January 2022; investor's permit issuance 40,000 fee units, renewal 50,000, addition of spouse or child 20,000.","source_id":"zmb-si-113-2021-immigration-fees","location":"p. 773, reg. 1(2) and reg. 2","quote":"(2) These Regulations shall come into operation on 1st January, 2022.","countries":"","short_title":"Zambia replaces the immigration fee schedule: investor's permit 40,000 fee units, renewal 50,000","plain_summary":"","year":"2022"},{"event_id":"e-c55e22fd09","date":"2022","date_precision":"year","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"closure","title":"Last residency bonds repaid (EUR 555 million)","description":"The last three series matured in 2022 (27 March, 27 June, 27 September), ending the programme's debt.","source_id":"hun-akk-annual-report-2022","location":"PDF p. 20","quote":"amivel kifutottak a Letelepedési Kötvények","countries":"","short_title":"Hungary finishes repaying its residency bond scheme","plain_summary":"Hungary's last residency bonds, worth €555 million in total, matured in 2022, ending the debt from its residence-by-investment programme.","year":"2022"},{"event_id":"e-3889aebc02","date":"2022","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"context","title":"COA: PRA keeps 87.65% of interest earned on retirees' visa deposits","description":"COA found that PRA kept 87.65% of the interest earned on retirees' visa deposits at DBP as its own income and credited only 12.35% to the retirees, without basis in the IRR of EO 1037, overstating PRA interest income by P35.293 million in 2022; COA issued an adverse opinion on PRA's 2022 statements.","source_id":"phl-coa-pra-aar-2022","location":"PDF pp. 72-73 (report pp. 62-63), observation 2","quote":"the remaining portion of 87.65 percent became the PRA Share that was recorded as its interest income for the year.","countries":"","short_title":"COA: PRA keeps 87.65% of interest earned on retirees' visa deposits","plain_summary":"","year":"2022"},{"event_id":"e-c3e8319d80","date":"2022","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"PRA and Bureau of Immigration sign data sharing agreement","description":"A Data Sharing Agreement between PRA and the Bureau of Immigration was executed in 2022 for exchange of data and monitoring of resident retirees; no MOA on the visa application process exists (COA 2023).","source_id":"phl-coa-pra-aar-2023","location":"PDF p. 142 (report p. 131), observation 15.11","quote":"Additionally, in CY 2022, a Data Sharing Agreement was executed between the two agencies","countries":"","short_title":"PRA and Bureau of Immigration sign data sharing agreement","plain_summary":"","year":"2022"},{"event_id":"e-3cc047012b","date":"2022","date_precision":"year","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS starts collecting the USD 1,000 Integrity Fund fee with Form I-526E","description":"Each regional-center investor petition (Form I-526E) must pay USD 1,000 to the EB-5 Integrity Fund on top of the filing fee; DHS says collection began in 2022 (the annual regional center fee followed in March 2023).","source_id":"usa-fr-eb5-fee-nprm-2025","location":"PDF p. 15 (90 FR 48530), section V.B","quote":"USCIS began collecting the new fee in 2022, as required by the EB–5 Reform Act.","countries":"","short_title":"USCIS starts collecting the USD 1,000 Integrity Fund fee with Form I-526E","plain_summary":"","year":"2022"},{"event_id":"e-07363d864d","date":"2021-12-31","date_precision":"day","jurisdiction":"CPV","program_id":"cpv-green-card","category":"rule_change","title":"Green Card fees and card model set (Portarias 61/2021 and 62/2021)","description":"Joint ordinance sets the Green Card fee at CVE 5,000 (family reunification CVE 2,000) and the application form; a second ordinance approves the card model. The government said these put the Green Card into practice.","source_id":"cpv-bo-portaria-61-2021","location":"PDF p. 53, art. 11 and Anexo I","quote":"O presente diploma entra em vigor no dia seguinte ao","countries":"","short_title":"Green Card fees and card model set (Portarias 61/2021 and 62/2021)","plain_summary":"","year":"2021"},{"event_id":"e-52f885b216","date":"2021-12-16","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"legal","title":"Public Accounts Committee report on MM2H","description":"The PAC found MM2H participants' data and documents were not kept systematically, property ownership could not be verified and Immigration could not separate renewals from new applications; it recommended friendlier, more competitive rules.","source_id":"mys-pac-mm2h-statement-2021","location":"para 5(ii)","quote":"Pengurusan Program MM2H tidak begitu memuaskan yang mana data dan dokumen peserta MM2H tidak diselenggarakan secara sistematik","countries":"","short_title":"Malaysian parliamentary committee reports problems with My Second Home","plain_summary":"The committee found participants' data and documents were not kept systematically, property ownership could not be verified, and renewals could not be separated from new applications. It recommended friendlier, more competitive rules.","year":"2021"},{"event_id":"e-974fd5b61a","date":"2021-11-22","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-investor-1","category":"legal","title":"High Court ruling lets INZ resume granting Investor 1 and 2 visas","description":"During the COVID border closure INZ processed Investor 1 and 2 applications only to a decision-ready point. On 22 November 2021 the High Court ruled the border instructions blocking first-time resident visa holders ultra vires; instructions were amended so INZ would begin granting the visas.","source_id":"nzl-mbie-aip-briefing-2021","location":"p. 8, paras 17-18","quote":"On 22 November 2021, the High Court ruled that the border entry immigration instructions that prevent first time resident visa holders who applied for residence before the border was closed from travelling to New Zealand are ultra vires","countries":"","short_title":"New Zealand court ruling lets investor visas be granted again","plain_summary":"During the COVID border closure, investor applications were processed only to a decision-ready point. On 22 November 2021 the High Court ruled the border rules unlawful, and instructions were amended so visas could be granted.","year":"2021"},{"event_id":"e-d2f122dee8","date":"2021-10-29","date_precision":"day","jurisdiction":"SMR","program_id":"smr-residenza-elettiva","category":"rule_change","title":"San Marino opens the elective-residence property route to buildings of any date","description":"Law 183 of 29 October 2021, art. 16, rewrites art. 16-bis(1)(a), dropping the requirement that the building be completed, unfinished or to be renovated before 31 May 2017. Date is the law's date; in-force date not read.","source_id":"smr-cgg-legge-118-2010-tc-2025","location":"Notes to art. 16-bis, p. 35","quote":"Legge 29 ottobre 2021 n.183 Art.16 (Modifica articolo 16-bis della Legge 28 giugno 2010 n.118 e sue successive modifiche – Residenza elettiva)","countries":"","short_title":"San Marino opens the elective-residence property route to buildings of any date","plain_summary":"","year":"2021"},{"event_id":"e-e285a8f216","date":"2021-10-26","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"legal","title":"New Entry and Residence of Foreigners Decree-Law in force","description":"Federal Decree-Law No. 29 of 2021 (issued 16 Sep 2021) replaces the 1973 law and is the parent law of the 2022 executive regulation. Art. 38: in force 30 days after publication in the Official Gazette. The stored text does not print the publication date; the gazette (No. 712, supplement, 26 Sep 2021) and the in-force date 26 Oct 2021 are taken from the details panel of the UAE Legislation Platform (uaelegislation.gov.ae/ar/legislations/1528), which is not stored.","source_id":"are-decree-law-29-2021","location":"PDF p. 8, art. 38 (and date of issue below the signature)","quote":"يُنشر هذا المرسوم بقانون في الجريدة الرسمية، ويُعمل به بعد (30) ثلاثين يوماً من تاريخ نشره.","countries":"","short_title":"UAE's new residence and entry law takes effect","plain_summary":"A new UAE decree-law on the entry and residence of foreigners took effect, replacing the 1973 law and later underpinning the 2022 golden residence regulation.","year":"2021"},{"event_id":"e-97c7409b4e","date":"2021-10-21","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"rule_change","title":"ROP Decision 234/2021 creates investor visas and sets fees","description":"Amendment to the residency regulations creating investor visas and residence with fees of OMR 500 (10-year) and OMR 300 (5-year), renewable every three years. Published 24 Oct 2021.","source_id":"omn-rop-dec-234-2021","location":"Art. 4","quote":"تأشيرة مستثمر لمدة عشر سنوات ٥٠٠ تأشيرة مستثمر لمدة خمس سنوات ٣٠٠","countries":"","short_title":"Oman sets investor visa rules and fees","plain_summary":"Police rules published on 24 October 2021 created investor visas and residence. Fees are OMR 500 for 10 years and OMR 300 for 5 years, renewable every three years.","year":"2021"},{"event_id":"e-394eb2d18c","date":"2021-10-03","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"applications_open","title":"Investor Residency Programme opens for electronic applications","description":"The ministry's Investment Services Centre begins receiving applications for investor residence on 3 October 2021, four days after the launch.","source_id":"omn-fm-irp-launch-2021","location":"para 2 (article dated 29 September 2021)","quote":"Applications for long-stay residency status will begin to be received electronically on 3 October via the Ministry’s Investment Services Centre.","countries":"","short_title":"Investor Residency Programme opens for electronic applications","plain_summary":"","year":"2021"},{"event_id":"e-2451ebd77e","date":"2021-10","date_precision":"month","jurisdiction":"INTL","program_id":"","category":"context","title":"EPRS estimates 132,000 people and EUR 21.4 billion through EU investor schemes, 2011-2019","description":"European added value assessment underpinning the EP's March 2022 call to phase out CBI and regulate RBI.","source_id":"intl-eprs-eava-cbi-rbi-2021","location":"PDF p. 26 (printed p. 12)","quote":"the EAVA estimates that more than 132 000 people from third countries have obtained residence or citizenship in EU Member States via CBI/RBI schemes between 2011 and 2019","countries":"","short_title":"EU research estimates €21 billion from investor schemes","plain_summary":"The European Parliament research service estimated that about 132,000 people got citizenship or residence through EU investor schemes in 2011–2019, investing about €21.4 billion.","year":"2021"},{"event_id":"e-ff7accf544","date":"2021-09-29","date_precision":"day","jurisdiction":"OMN","program_id":"omn-investor-residence","category":"launch","title":"Oman launches the Investor Residency Programme","description":"The commerce ministry launches 10-year (OMR 500,000) and 5-year (OMR 250,000) investor residence cards, also open to retirees; first 22 cards handed over at the launch ceremony.","source_id":"omn-fm-irp-launch-2021","location":"para 1","quote":"The Ministry of Commerce, Industry and Investment Promotion has launched an “Investor Residency Programme” (IRP) through which foreign investors and retirees can obtain long term residency rights in the Sultanate.","countries":"","short_title":"Oman launches an investor residence programme","plain_summary":"On 29 September 2021 Oman launched 10-year (OMR 500,000) and 5-year (OMR 250,000) investor residence cards, also open to retirees. Applications began on 3 October 2021, and the first 22 cards were handed over.","year":"2021"},{"event_id":"e-2c4cc7acc3","date":"2021-09-28","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"legal","title":"Auditor-General's report on MM2H tabled","description":"The Auditor-General's Report 2019 Series 2, with findings on MM2H, was tabled in Parliament; the PAC then held three hearings (24 Nov-2 Dec 2021).","source_id":"mys-pac-mm2h-statement-2021","location":"para 2","quote":"Laporan Ketua Audit Negara (LKAN) Tahun 2019 Siri 2 Aktiviti Kementerian/Jabatan Kerajaan dan Badan-badan Berkanun yang dibentangkan di Parlimen pada 28 September 2021","countries":"","short_title":"Malaysia's national audit report on My Second Home tabled in Parliament","plain_summary":"On 28 September 2021 the Auditor-General's 2019 report, with findings on the programme, was presented to Parliament. Parliament's public accounts committee then held three hearings from 24 November to 2 December 2021.","year":"2021"},{"event_id":"e-6a6b8479ec","date":"2021-09-16","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"Immigration Department takes over MM2H from the Tourism Ministry","description":"The Immigration Department (JIM, Home Ministry) took over the MM2H programme from MOTAC from 16 Sept 2021 and began recording fixed-deposit withdrawals for home purchase, health and education. (The Director-General says in the transcript the takeover was in August 2021.)","source_id":"mys-pac-mm2h-dr5-2022","location":"PDF p. 12 (printed p. 7), para 3.3.1","quote":"JIM telah mengambil alih Program MM2H dari MOTAC bermula pada 16 September 2021.","countries":"","short_title":"Immigration Department takes over MM2H from the Tourism Ministry","plain_summary":"","year":"2021"},{"event_id":"e-80e25ffe8d","date":"2021-08-29","date_precision":"day","jurisdiction":"MDV","program_id":"mdv-corporate-resident-visa","category":"price_change","title":"New Corporate Resident Visa Regulation (2021/R-115): USD 250,000 deposit or designated investment, 5-year visa","description":"The Ministry of Economic Development's new regulation lowers the personal routes to a USD 250,000 five-year fixed deposit or USD 250,000 in government-designated businesses, adds a route for shareholders and managers of foreign investments, sets a 5-year visa and an MVR 15,000 fee; in force on gazette publication (art. 22).","source_id":"mdv-gazette-crv-regulation-115r-2021","location":"PDF p. 1 masthead; p. 8, art. 22","quote":"މި ގަވާއިދަށް ޢަމަލުކުރާން ފަށާނީ، ދިވެހި ސަރުކާރުގެ ގެޒެޓުގައި މި ގަވާއިދު ޝާއިޢުކުރާ ދުވަހުން ފެށިގެންނެވެ.","countries":"","short_title":"New Corporate Resident Visa Regulation (2021/R-115): USD 250,000 deposit or designated investment, 5-year visa","plain_summary":"","year":"2021"},{"event_id":"e-235d5a499a","date":"2021-08-20","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan amends the residence-grounds article (art. 16) of the Hong Kong and Macao residence regulations","description":"Amendment of arts. 9, 16, 21, 25, 26, 37. The history does not show what changed.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 19","quote":"19. 中華民國一百十年八月二十日內政部台內移字第 11009120301 號令 修正發布第 9、16、21、25、26、37 條條文","countries":"","short_title":"Taiwan amends the residence-grounds article (art. 16) of the Hong Kong and Macao residence regulations","plain_summary":"","year":"2021"},{"event_id":"e-0d6d3fc99c","date":"2021-08-11","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"price_change","title":"Stricter MM2H conditions announced","description":"At a press conference the Home Ministry announced the programme's revival with RM1m fixed deposit, RM40,000 monthly offshore income, RM1.5m liquid assets, 5-year passes, higher fees, a cap of 1% of the citizen population and no low-skilled applicants; Immigration to process new applications from October 2021.","source_id":"mys-parl-pq-lisan27-2021","location":"p. 1-3","quote":"sepertimana yang telah diumumkan dalam sidang media yang diadakan pada 11 Ogos yang lepas, Program MM2H akan diaktifkan semula","countries":"","short_title":"Malaysia announces stricter My Second Home conditions","plain_summary":"On 11 August 2021 the Home Ministry announced the programme's revival: 1 million ringgit fixed deposit, 40,000 ringgit monthly offshore income, 1.5 million ringgit liquid assets, five-year passes, higher fees. Processing would begin October 2021.","year":"2021"},{"event_id":"e-05cb7f8d71","date":"2021-08-11","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"New MM2H conditions announced; programme to reopen from October 2021","description":"After Cabinet decisions of 14 and 30 July 2021, the ministry announced tighter conditions (RM40,000 monthly offshore income, RM1 million fixed deposit, RM1.5 million liquid assets, 5-year pass, new fees, cap of 1% of citizens) and that new applications would be processed by the Immigration Department from October 2021.","source_id":"mys-moha-mm2h-statement-2021","location":"pp. 1-5, paras 3-4 and 10","quote":"Program MM2H akan diaktifkan semula dan permohonan baharu akan diproses serta dikendalikan oleh Jabatan Imigresen Malaysia (JIM) mulai Oktober 2021","countries":"","short_title":"New MM2H conditions announced; programme to reopen from October 2021","plain_summary":"","year":"2021"},{"event_id":"e-281fd77079","date":"2021-08-11","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-aip","category":"rule_change","title":"Cabinet committee agrees Active Investor Plus visa ($25m) and closure of Investor 1 and 2","description":"The Cabinet Economic Development Committee agrees to create the Active Investor Plus visa (minimum $25 million or weighted equivalent, three years) and to close Investor 1 to new applicants and Investor 2 permanently, one week after public announcement.","source_id":"nzl-mbie-dev-minute-2021","location":"p. 2, paras 3-5","quote":"a minimum funds requirement of $25 million or weighted equivalent that must be invested for three years","countries":"","short_title":"New Zealand cabinet committee backs Active Investor Plus visa","plain_summary":"The committee agreed a visa needing NZ$25 million, or weighted equivalent, invested for three years. It also agreed to close Investor 1 to new applicants and Investor 2 permanently.","year":"2021"},{"event_id":"e-1aaa4b2b3d","date":"2021-08-11","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-investor-1","category":"rule_change","title":"Border exception for Investor 1 investors approved in principle","description":"The Cabinet Economic Development Committee agrees a border exception (during the COVID border closure) for Investor 1 resident visa holders and applicants approved in principle; 67 investors were eligible at the time and demand was expected to stay within about 100 investors.","source_id":"nzl-mbie-dev-minute-2021","location":"p. 2, paras 11-15","quote":"agreed to create a border exception to enable Investor 1 resident visa holders and applicants who have been approved-in-principle for an Investor 1 resident visa to be eligible to enter New Zealand","countries":"","short_title":"Border exception for Investor 1 investors approved in principle","plain_summary":"","year":"2021"},{"event_id":"e-16ab5c333a","date":"2021-08-07","date_precision":"day","jurisdiction":"PAN","program_id":"pan-friendly-nations","category":"launch","title":"Friendly Nations tightened: job or B/.200,000 property, two-year provisional stage","description":"Decreto Ejecutivo 197 of 7 May 2021 (Gaceta 29290-A, 20 May 2021) requires a two-year provisional permit and either employment with a work permit or real estate worth at least B/.200,000; to take effect 90 days after promulgation (later fixed at 7 Aug 2021 by DE 226).","source_id":"pan-go-de197-2021","location":"p. 2, art. 2","quote":"podrá conceder un permiso de Residencia Provisional por un periodo de dos años","countries":"","short_title":"Panama tightens its Friendly Nations residence programme","plain_summary":"Panama's Friendly Nations programme now requires a two-year provisional permit plus either a job with a work permit or property worth at least B/.200,000.","year":"2021"},{"event_id":"e-8ed55cf753","date":"2021-08-05","date_precision":"day","jurisdiction":"MUS","program_id":"mus-family-op","category":"launch","title":"Family Occupation Permit for USD 250,000 contribution; residence for G+2 apartment buyers","description":"The Finance (Miscellaneous Provisions) Act 2021 creates a 10-year family occupation permit for a USD 250,000 contribution to the COVID-19 Projects Development Fund, and residence for buyers of apartments of at least USD 375,000 in buildings of ground plus two floors.","source_id":"mus-fa-2021","location":"s. 37 and Fifth Schedule","quote":"Contribution of USD 250,000 or its equivalent in freely convertible foreign currency to the COVID-19 Projects Development Fund","countries":"","short_title":"Mauritius creates family permit for US$250,000, and residence for apartment buyers","plain_summary":"A 2021 law created a 10-year family permit for a US$250,000 contribution to a COVID-19 projects fund, and residence for buyers of apartments of at least US$375,000 in buildings of up to three floors.","year":"2021"},{"event_id":"e-115c6f2b55","date":"2021-07-22","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Head of San Francisco Regional Center pleads guilty to EB-5 wire fraud conspiracy","description":"Thomas Henderson admitted that the San Francisco Regional Center, which raised more than $100 million from foreign investors in 2011-2017, began using investor funds for other purposes by mid-2014; he also admitted a false statement to USCIS. Co-defendant Cooper Lee pleaded guilty to conspiracy.","source_id":"usa-doj-ndca-sfrc-2021","location":"press release, 3rd paragraph","quote":"From 2011 to 2017, SFRC raised more than $100 million from foreign investors for seven commercial enterprises approved under the EB-5 program.","countries":"","short_title":"US investor-visa centre head admits to fraud conspiracy","plain_summary":"Thomas Henderson pleaded guilty to wire fraud conspiracy, admitting his San Francisco investor-visa centre, which raised over US$100 million from foreign investors, misused funds from 2014; a co-defendant also pleaded guilty.","year":"2021"},{"event_id":"e-e27f852863","date":"2021-07-21","date_precision":"day","jurisdiction":"PAN","program_id":"pan-friendly-nations","category":"rule_change","title":"Friendly Nations: Peru added, B/.200,000 deposit route, corporate ownership allowed","description":"Decreto Ejecutivo 226 of 2021 (Gaceta 29335, 21 July 2021) adds Peru to the list, lets the B/.200,000 property be held through a company or foundation, adds a B/.200,000 three-year deposit route, and sets 7 Aug 2021 as the start date for both 2021 decrees.","source_id":"pan-go-de226-2021","location":"p. 3, art. 5","quote":"Este Decreto Ejecutivo comenzará a regir el 7 de agosto de 2021","countries":"","short_title":"Panama adds Peru and new deposit route to residence scheme","plain_summary":"Panama's Friendly Nations programme added Peru to its list, allowed the required B/.200,000 property to be held through a company, and added a B/.200,000 three-year deposit route.","year":"2021"},{"event_id":"e-61d1ec8328","date":"2021-07-19","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"rule_change","title":"Investor Visa for Italy operating manual updated","description":"The Committee updated the operating manual on 19 July 2021, incorporating the 2020 changes (applications on behalf of foreign legal persons under art. 40-quater D.L. 76/2020; 5-year exemption from the integration agreement).","source_id":"ita-mimit-iv4i-manuale-2021","location":"p. 4","quote":"Il manuale è stato aggiornato dal Comitato il 19 luglio 2021.","countries":"","short_title":"Investor Visa for Italy operating manual updated","plain_summary":"","year":"2021"},{"event_id":"e-ac46d6d1b6","date":"2021-07-14","date_precision":"day","jurisdiction":"CRI","program_id":"cri-inversionista","category":"price_change","title":"Costa Rica cuts investor residence minimum to US$150,000","description":"Ley 9996 (Ley para la atracción de inversionistas, rentistas y pensionados), published in La Gaceta 135 and in force the same day, set a new minimum investment of US$150,000 (from US$200,000) and five years of tax and import benefits for investors, rentiers and pensioners.","source_id":"cri-gaceta-ley9996-2021","location":"p. 3, arts. 8 and 12","quote":"se establece un nuevo rango de inversión, con un capital no inferior a ciento cincuenta mil dólares estadounidenses (US$150 000, 00)","countries":"","short_title":"Costa Rica cuts investor residence minimum to US$150,000","plain_summary":"A law published on 14 July 2021 lowered the minimum investment from US$200,000 to US$150,000. It gave investors, people living on income, and pensioners five years of tax and import benefits.","year":"2021"},{"event_id":"e-b4bf702d68","date":"2021-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"rule_change","title":"BIIP cut from nine to four streams; Premium Investor closed; Investor threshold to $2.5 million","description":"From 1 July 2021: streams reduced to Business Innovation, Entrepreneur, Investor and Significant Investor; Premium Investor, Significant Business History and Venture Capital Entrepreneur closed to new applications; Investor stream moved to $2.5 million complying investments under the CIF; provisional visa valid five years.","source_id":"aus-dha-biip-review-findings-2020","location":"p. 5","quote":"From 1 July 2021, the program will be simplified from nine to four visa streams","countries":"","short_title":"Australia cuts investor visa options, raises threshold","plain_summary":"From 1 July 2021 Australia reduced its business and investor visa streams from nine to four, closed the Premium Investor option, and raised the Investor stream's threshold to A$2.5 million.","year":"2021"},{"event_id":"e-6df2090835","date":"2021-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-piv","category":"closure","title":"Premium Investor stream closed to new applications","description":"Following the BIIP review, the Premium Investor stream closes from 1 July 2021; existing holders and pending applicants keep the old rules.","source_id":"aus-leg-lin21-041-es-2021","location":"para 6","quote":"when the Premium Investor stream is closed from 1 July 2021","countries":"","short_title":"Australia closes its Premium Investor stream to new applications","plain_summary":"Following a government review, the Premium Investor stream closed from 1 July 2021. Existing holders and pending applicants kept the old rules.","year":"2021"},{"event_id":"e-cce063ff52","date":"2021-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"rule_change","title":"New Complying Investment Framework ratios (20/30/50) for Significant Investor and Investor streams; annual fund audits","description":"From 1 July 2021 the Complying Investment Framework (IMMI 15/100 as amended by LIN 21/041) requires 20% in venture capital and growth private equity funds, 30% in emerging-company funds and 50% in balancing investments, and applies to the Investor stream as well as the Significant Investor stream. Funds offering emerging-companies or balancing components must provide annual independent audit reports of CIF compliance.","source_id":"aus-dha-cif-faq-2021","location":"p. 2 and p. 9","quote":"From 1 July 2021 the CIF ratios will apply to both the Investor and the Significant Investor streams as follows:","countries":"","short_title":"New Complying Investment Framework ratios (20/30/50) for Significant Investor and Investor streams; annual fund audits","plain_summary":"","year":"2021"},{"event_id":"e-ae723106aa","date":"2021-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"rule_change","title":"Complying investment instrument amended (LIN 21/041)","description":"Migration (Complying Investments) Amendment Instrument (LIN 21/041) 2021 commences on 1 July 2021 (registered 30 June 2021). For applicants invited after 30 June 2021 it replaces absolute amounts with minimum shares (at least 20% venture capital, at least 30% emerging companies, the rest in those or balancing investments), cuts the time to sign venture capital fund agreements from 12 to 6 months, requires annual audits of emerging-companies and balancing funds from 2021-22, tightens rules on derivatives and exchange traded funds, and allows venture capital through fund-of-funds structures.","source_id":"aus-leg-lin21-041-es-2021","location":"para 3; Attachment A, Items 8-18","quote":"The instrument commences on the later of: (a) 1 July 2021; and (b) the day after registration on the Federal Register of Legislation.","countries":"","short_title":"Complying investment instrument amended (LIN 21/041)","plain_summary":"","year":"2021"},{"event_id":"e-653f3d11b8","date":"2021-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"rule_change","title":"Investor stream moved to complying significant investments; minimum raised to $2.5 million","description":"From 1 July 2021 the Investor stream requirement changes from a passive designated investment in state and territory government securities to a complying significant investment, and the minimum rises from $1.5 million to $2.5 million (bare \"$\" in the document).","source_id":"aus-leg-lin21-041-es-2021","location":"para 7","quote":"The amended Regulations will change the current designated investment requirement for the Investor stream (based on passive investment in State and Territory government security) to a requirement to make a complying significant investment","countries":"","short_title":"Investor stream moved to complying significant investments; minimum raised to $2.5 million","plain_summary":"","year":"2021"},{"event_id":"e-e0ff505def","date":"2021-07-01","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"launch","title":"Economic permanent residence put in statute (s.17A Immigration Act)","description":"The Immigration (Amendment) Act 2021 created the economic permanent residence certificate: purchase of a residence and/or investments of amounts set by ministerial order, 90 days' residence a year, 10-year hold of the investment, and deemed approval three months after a complete application.","source_id":"bhs-moea-imm-amend-bill-2021","location":"p. 2, s. 1(2)","quote":"This Act shall come into force on the 1st day of July, 2021.","countries":"","short_title":"Bahamas puts economic permanent residence into law","plain_summary":"From 1 July 2021 a law created the certificate: buying a home or investing set amounts, 90 days' residence a year, and a 10-year hold. Approval is deemed three months after a complete application.","year":"2021"},{"event_id":"e-2eb406bc82","date":"2021-06-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Regional Center Program authorisation expires","description":"The last short-term extension (Pub. L. 116-260, div. O, sec. 104) ran out on 30 June 2021. No new regional-center petitions could be approved until the 2022 Act; USCIS later resumed processing petitions filed on or before 30 June 2021. The lapse lasted until 15 March 2022 (program effective again 14 May 2022).","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 12 (91 FR 40687)","quote":"Congress continuously extended the program, often through short-term extensions, until the last extension expired on June 30, 2021.","countries":"","short_title":"US investor-visa regional centre authorisation lapses","plain_summary":"The legal authorisation for the US investor visa programme's regional centres expired on 30 June 2021, and no new regional-centre petitions could be approved until a 2022 law revived it.","year":"2021"},{"event_id":"e-80ae2129e0","date":"2021-06-22","date_precision":"day","jurisdiction":"CRI","program_id":"cri-inversionista","category":"legal","title":"Legislative Assembly approves Ley 9996 (investors, rentistas and pensioners)","description":"The Legislative Assembly approved Ley 9996 on 22 June 2021; the President signed it on 5 July 2021 and it took effect on publication in La Gaceta on 14 July 2021.","source_id":"cri-gaceta-ley9996-2021","location":"p. 3, closing formula of Ley 9996","quote":"ASAMBLEA LEGISLATIVA- Aprobado a los veintidós días del mes de junio del año dos mil veintiuno.","countries":"","short_title":"Legislative Assembly approves Ley 9996 (investors, rentistas and pensioners)","plain_summary":"","year":"2021"},{"event_id":"e-1aad678ee1","date":"2021-06-22","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Court vacates the 2019 EB-5 rule (Behring Regional Center v. Wolf)","description":"The N.D. Cal. held that Acting DHS Secretary Kevin McAleenan was not lawfully serving when the rule was issued and vacated it; USCIS returned to the pre-2019 rules (USD 1,000,000 / 500,000).","source_id":"usa-court-behring-ndcal-2021","location":"p. 16-17, Conclusion","quote":"The Final Rule is VACATED and the matter is REMANDED to the Agency for further action.","countries":"","short_title":"US court strikes down 2019 investor-visa rule change","plain_summary":"A US court ruled that the official who issued the 2019 rule raising US investor-visa minimums was not lawfully in his position, and restored the earlier minimums of US$1,000,000 or US$500,000.","year":"2021"},{"event_id":"e-04f13d7358","date":"2021-06-22","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Operators of New Orleans EB-5 Regional Center sentenced to 102 months","description":"William B. Hungerford Jr. and Timothy O. Milbrath, convicted by a jury in September 2019 of defrauding investors while running the New Orleans EB-5 Regional Center after Hurricane Katrina, were each sentenced to 102 months. 31 immigrants had invested $15.5 million.","source_id":"usa-doj-edla-nola-rc-2021","location":"press release, 4th paragraph","quote":"A total of 31 immigrants invested a total of $15.5 million in the defendants’ investment fund.","countries":"","short_title":"US investor-visa fraudsters sentenced over Katrina scheme","plain_summary":"Two men who ran a New Orleans investor-visa centre and were convicted of defrauding investors after Hurricane Katrina were each sentenced to 102 months; 31 immigrants had invested US$15.5 million.","year":"2021"},{"event_id":"e-db372a45e8","date":"2021-06-17","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"context","title":"Government eyes $1m economic permanent residence route via contributions","description":"The Tribune reports that the government is considering a $1m minimum for economic permanent residence through contributions to sporting, cultural, arts and social development causes, as part of reforms to the Immigration Act; a former attorney general calls for the real estate threshold to rise from $750,000 to $1m.","source_id":"bhs-tribune-delaney-2021","location":"para 3","quote":"the $1m minimum that the government is eyeing for persons seeking to qualify for economic permanent residency via contributions","countries":"","short_title":"Government eyes $1m economic permanent residence route via contributions","plain_summary":"","year":"2021"},{"event_id":"e-9a65bbdb10","date":"2021-06-15","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"rule_change","title":"Minister floats a US$1m-level floor for non-real-estate economic permanent residence (reported)","description":"With the Immigration (Amendment) Bill 2021 tabled alongside the budget, the minister said the minimum for qualifying without buying real estate would be \"at least $1m\", and the Bill would add a 90-day annual presence rule, a ten-year holding rule and deemed approval three months after a complete application. Proposal, not yet law.","source_id":"bhs-tribune-epr-floor-2021","location":"paras 1, 5, 14-16","quote":"“We’re looking at at least $1m,” Mr Johnson told this newspaper","countries":"","short_title":"Minister floats a US$1m-level floor for non-real-estate economic permanent residence (reported)","plain_summary":"","year":"2021"},{"event_id":"e-82c4cfa280","date":"2021-05-20","date_precision":"day","jurisdiction":"PAN","program_id":"pan-forestry-investor","category":"price_change","title":"Panama raises forestry investor minimums to B/.80,000 (temporary) and B/.100,000 (permanent), adds B/.350,000 direct permanent route","description":"Decreto Ejecutivo 199 of 2021 (Gaceta 29290-A, 20 May 2021, in force on promulgation) rewrites DE 320 arts. 100-104 and 180-184: B/.80,000 for the temporary permit (was B/.60,000 on 10 ha), B/.100,000 for the permanent permit (was B/.80,000 on 20 ha), B/.350,000 for permanent residence directly, no minimum area, and a 5-year holding period (new art. 184-A).","source_id":"pan-go-de199-2021","location":"pp. 1-4, arts. 1-11","quote":"un monto mínimo de cien mil balboas (B/. 100,000.00) en actividades de reforestación o plantación forestal","countries":"","short_title":"Panama raises forestry investor minimums to B/.80,000 (temporary) and B/.100,000 (permanent), adds B/.350,000 direct permanent route","plain_summary":"","year":"2021"},{"event_id":"e-bb8e8a2397","date":"2021-05-20","date_precision":"day","jurisdiction":"PAN","program_id":"pan-forestry-investor","category":"rule_change","title":"Panama lets any number of foreigners apply for permanent forestry investor residence through one company, if each invests the minimum","description":"Decree 199 of 2021 rewrites art. 181 of Decree 320 of 2008: where the investment is made through a company, every foreigner may apply for the permanent forestry investor permit provided each made the minimum investment of art. 180. The earlier art. 181 limited this to two foreigners per company; the temporary permit keeps the limit of two (new art. 101).","source_id":"pan-go-de199-2021","location":"p. 3, art. 6 (new art. 181)","quote":"De tratarse de persona jurídica, podrá solicitar este permiso todo extranjero, siempre que demuestre que cada uno hizo la inversión mínima que establece el artículo anterior.","countries":"","short_title":"Panama lets any number of foreigners apply for permanent forestry investor residence through one company, if each invests the minimum","plain_summary":"","year":"2021"},{"event_id":"e-61980f24e8","date":"2021-04-30","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"SRRV applications resume for applicants aged 50 and over only","description":"Board Resolution No. 4, s. 2021 (30 April 2021) lifted the suspension but only for applicants aged 50 and above; only the Classic and Courtesy/Expanded Courtesy options were offered in 2021.","source_id":"phl-pra-ar-2021","location":"PDF p. 7 (report p. 05); p. 57","quote":"Although the suspension was lifted on 30 April 2021 for the processing of SRRV applicants who are 50 years old and above","countries":"","short_title":"SRRV applications resume for applicants aged 50 and over only","plain_summary":"","year":"2021"},{"event_id":"e-bbde931fe8","date":"2021-04-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec investor suspension extended to April 2023","description":"AM 2021-007 kept investor applications suspended from 1 Apr 2021 to 1 Apr 2023.","source_id":"can-goq-am-2021-007","location":"p. 1","quote":"Que la présente décision prenne effet le 1er avril 2021 et cesse d’avoir effet le 1er avril 2023.","countries":"","short_title":"Quebec extends investor suspension to April 2023","plain_summary":"A ministerial order kept Quebec investor applications suspended from 1 April 2021 to 1 April 2023.","year":"2021"},{"event_id":"e-cdcf9e68d0","date":"2021-03-31","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Homeland Security Secretary tries to ratify the 2019 EB-5 Modernization rule","description":"The Secretary attempted to ratify the 2019 rule on 31 March 2021; the court vacated it anyway on 22 June 2021. (Page 35 of the same document gives 26 March 2021 as the vacatur date, which conflicts with page 14.)","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 14 (91 FR 40689)","quote":"Although the Secretary of Homeland Security attempted to ratify the EB–5 Modernization Rule on March 31, 2021, on June 22, 2021, the U.S. District Court for the Northern District of California vacated the rule","countries":"","short_title":"Homeland Security Secretary tries to ratify the 2019 EB-5 Modernization rule","plain_summary":"","year":"2021"},{"event_id":"e-c67c484110","date":"2021-03-29","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mprp","category":"launch","title":"Malta Permanent Residence Programme replaces the MRVP","description":"All new residence-by-investment applications fall under the MPRP; the MRVP closed to new applications.","source_id":"mlt-sl-217-26-2025","location":"PDF p. 28, reg. (transitory)","quote":"As from 29th March 2021, all new applications shall be governed by these regulations and no new application for a certificate may be made under the Malta Residence and Visa Programme Regulations.","countries":"","short_title":"Malta replaces its residence-by-investment programme","plain_summary":"Malta's Permanent Residence Programme took over from the earlier Residence and Visa Programme, which stopped accepting new applications.","year":"2021"},{"event_id":"e-9f4ada9931","date":"2021-03-29","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mprp","category":"rule_change","title":"MPRP agents may be paid promotional support; pending MRVP applicants barred for 24 months","description":"The MPRP regulations let the Residency Malta Agency pay registered agents promotional support for each successful application (reg. 25), require all applications to go through licensed agents, and bar applicants with a pending MRVP application from applying under the MPRP for 24 months; from 29 March 2021 no new MRVP applications may be made.","source_id":"mlt-ln-2021-121","location":"regs. 25 and 26(2)-(4) (PDF p. 25-26, printed B 987-988)","quote":"As from 29th March 2021, all new applications shall be governed by these regulations and no new application for a certificate may be made under the Malta Residence and Visa Programme Regulations.","countries":"","short_title":"MPRP agents may be paid promotional support; pending MRVP applicants barred for 24 months","plain_summary":"","year":"2021"},{"event_id":"e-57235a0b2e","date":"2021-03-26","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"closure","title":"MRVP wound down as the MPRP is published","description":"L.N. 122 of 2021, published with the MPRP regulations, sets deadlines for concluding pending MRVP applications (end-2021 or 31 Mar 2022) and lets applicants pay an extra EUR 38,000 or 68,000 instead of the EUR 250,000 investment.","source_id":"mlt-ln-2021-122","location":"reg. 4(b) (PDF p. 3)","quote":"the applicant shall be allowed until the 31st March 2022 to conclude his application for a certificate upon payment of the additional contribution","countries":"","short_title":"Malta winds down its residence programme as a new one is published","plain_summary":"On 26 March 2021 Malta set deadlines for finishing pending applications, end-2021 or 31 March 2022. Applicants could pay an extra €38,000 or €68,000 instead of the €250,000 investment.","year":"2021"},{"event_id":"e-a6b594a786","date":"2021-03-17","date_precision":"day","jurisdiction":"KAZ","program_id":"kaz-aifc-itrp","category":"rule_change","title":"Kazakhstan allows 'investor' visas of up to five years for AIFC investment residents","description":"Government Resolution No. 140 of 17 March 2021 adds para 19-1 to the immigrant entry and stay rules: on the AIFC administration's petition, internal affairs bodies issue 'investor' visas of up to five years, and extend them, to AIFC investment residents. In force ten calendar days after first publication (date not printed); the date shown is the resolution's.","source_id":"kaz-adilet-p1200000148-consol","location":"para 19-1 and footnote","quote":"Правила дополнены пунктом 19-1 в соответствии с постановлением Правительства РК от 17.03.2021 № 140","countries":"","short_title":"Kazakhstan allows 'investor' visas of up to five years for AIFC investment residents","plain_summary":"","year":"2021"},{"event_id":"e-63ac2d4ecc","date":"2021-03-01","date_precision":"day","jurisdiction":"BMU","program_id":"bmu-eirc","category":"launch","title":"Bermuda launches the Economic Investment Certificate","description":"The EIC lets foreign nationals who invest at least $2.5 million in Bermuda live there for five years and then seek a Residential Certificate. It replaced Residential Certificate policies of 2003 and 2015 that targeted the \"globally retired\" with \"substantial means\" and led to court challenges.","source_id":"bmu-mel-ms-eic-2021","location":"para \"The effective date...\"","quote":"The effective date of the policy is  1st March 2021 .","countries":"","short_title":"Bermuda launches its Economic Investment Certificate","plain_summary":"From 1 March 2021 foreign nationals investing at least BD$2.5 million could live in Bermuda five years, then seek a Residential Certificate. It replaced earlier policies that faced court challenges.","year":"2021"},{"event_id":"e-fcdfdfa5df","date":"2021-02-12","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Decree-law confines home purchases to the interior and islands and raises thresholds from 2022","description":"DL 14/2021 (authorised by the 2020 budget law) raises capital transfer to EUR 1.5m and research, fund and company routes to EUR 500k, and limits residential real-estate ARIs to the Azores, Madeira and interior territories, from 1 Jan 2022; existing permits can be renewed.","source_id":"prt-dl-14-2021","location":"PDF p. 4","quote":"O presente decreto-lei entra em vigor a 1 de janeiro de 2022.","countries":"","short_title":"Portugal restricts golden visa property purchases to rural areas","plain_summary":"A Portuguese decree-law limited golden visa property investments to the Azores, Madeira and interior regions, and raised other investment thresholds to €1.5 million and €500,000, effective from 1 January 2022.","year":"2021"},{"event_id":"e-f5f5fc2a5c","date":"2021-01-29","date_precision":"day","jurisdiction":"CAN","program_id":"can-iivc","category":"closure","title":"IRCC removes the venture capital investor pilot from its instructions","description":"IRCC announced that the IIVC pilot is closed, that applications stopped being accepted on 30 December 2015, and that the programme instructions are removed because the last applications in processing have been finalised.","source_id":"can-ircc-iivc-closure-2021","location":"Program delivery update of 29 January 2021","quote":"The IIVC program information in our instructions will be removed as the last applications that were being processed have now been finalized.","countries":"","short_title":"IRCC removes the venture capital investor pilot from its instructions","plain_summary":"","year":"2021"},{"event_id":"e-573db74ae9","date":"2021-01-21","date_precision":"day","jurisdiction":"QAT","program_id":"qat-property-residence","category":"context","title":"OECD CRS high-risk list no longer includes Qatar's residence for property owners (by January 2021)","description":"The Qatar \"Residence Visa for Real Estate Owner\" row, present on 26 June 2020, is absent from the January 2021 archived copy, leaving 22 schemes; the same 22 were listed in January 2022 and May 2023. Exact removal date not published.","source_id":"intl-oecd-cbi-rbi-2021-01","location":"List table","quote":"identifying the following schemes that potentially pose a high-risk to the integrity of CRS","countries":"","short_title":"Qatar's property residence dropped from the OECD risk list","plain_summary":"Qatar's residence for property owners disappeared from the list between June 2020 and January 2021, leaving 22 schemes.","year":"2021"},{"event_id":"e-fb1f3b8eb1","date":"2021-01-14","date_precision":"day","jurisdiction":"DOM","program_id":"dom-investor-residence","category":"rule_change","title":"Dominican migration office and ProDominicana agree to fast-track investor residence","description":"A two-year cooperation agreement to validate ProDominicana investment certificates automatically; the migration director said investor residence would take no more than a month and a half and cited a US$250,000 amount.","source_id":"dom-diariolibre-2021","location":"para 3","quote":"se dará la misma facilidad, pero con un monto menor de 250 mil dólares, atendiendo al tamaño de la economía local.","countries":"","short_title":"Dominican Republic agrees to fast-track investor residence","plain_summary":"A two-year agreement between the migration office and the investment promotion agency validates its investment certificates automatically. The migration director said residence would take no more than a month and a half, citing US$250,000.","year":"2021"},{"event_id":"e-fb21531ac5","date":"2021-01-11","date_precision":"day","jurisdiction":"NLD","program_id":"nld-investor-residence","category":"rule_change","title":"Dutch cabinet decides to abolish the investor scheme","description":"After a one-year review announced in Nov 2019, the State Secretary tells parliament the scheme will be abolished because it cannot be adapted while keeping safeguards against abuse.","source_id":"nld-kst-30573-182","location":"PDF p. 1","quote":"Het kabinet heeft dan ook besloten om deze regeling af te schaffen.","countries":"","short_title":"Dutch government decides to abolish its investor residence scheme","plain_summary":"On 11 January 2021, after a year-long review, the State Secretary told parliament the scheme would be abolished because it could not be adapted while keeping safeguards against abuse.","year":"2021"},{"event_id":"e-a9ef9130c7","date":"2021","date_precision":"year","jurisdiction":"BRA","program_id":"bra-investor-residence","category":"rule_change","title":"RN 46 replaces RN 36 for real-estate investors","description":"In 2021 CNIg Resolução Normativa 46 replaced RN 36/2018 on residence for real-estate investors, keeping the main points of the original resolution (OBMigra).","source_id":"bra-obmigra-relatorio-anual-2022","location":"PDF p. 128 (printed p. 128)","quote":"Em 2021, esta RN foi substituída pela RN 46, que manteve os principais pontos da resolução original.","countries":"","short_title":"RN 46 replaces RN 36 for real-estate investors","plain_summary":"","year":"2021"},{"event_id":"e-71159841e8","date":"2021","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"PRA stops paying medical examination costs for applicants","description":"The medical examination fee previously paid by PRA to accredited merchant partners was discontinued in 2021; applicants must pay for their own medical examination.","source_id":"phl-pra-ar-2021","location":"PDF p. 139 (report p. 130), Note 25 (OCR)","quote":"This has been discontinued in 2021 and applicants were required to shoulder the cost of medical examination.","countries":"","short_title":"PRA stops paying medical examination costs for applicants","plain_summary":"","year":"2021"},{"event_id":"e-314dc446c8","date":"2020-12-16","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"rule_change","title":"Anguilla Economic Residence (Amendment) Act 35/2020 in force","description":"Amended the Act: retroactive route for real estate bought before 31 May 2019 with minimum values of US$750,000 / 600,000 / 500,000 by purchase period; 60-day completion of purchases, stamp duties before final approval, one-year construction on vacant land; police certificates over 10 years (5 for retroactive applicants); revocation if the property is resold within 5 years; agent fee prorated by quarter.","source_id":"aia-aera-act-rev-2022","location":"PDF p. 1 (list of consolidated Acts); amendment notes to ss. 1, 3, 6, 7, 11, 12, 13, 14","quote":"Act 35/2020, in force 16 December 2020","countries":"","short_title":"Anguilla Economic Residence (Amendment) Act 35/2020 in force","plain_summary":"","year":"2020"},{"event_id":"e-5f888ff1df","date":"2020-11-13","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"EY Phase 2 review on governance and financial-crime risk","description":"EY's second report made eleven observations on staffing, the Evaluation Committee, risk management, data, due diligence, anti-money-laundering and sanctions checks, the fund and endowment options, and monitoring of investors and investments. It was held back while 'being considered' (answers of 2022) and published redacted in June 2023.","source_id":"irl-doj-iip-review-phase2","location":"PDF p. 7, section 2.1","quote":"We have made eleven observations, which have been grouped into four distinct categories","countries":"","short_title":"Review flags governance risks in Ireland's investor visa","plain_summary":"A second review made eleven findings on staffing, risk management, due diligence, anti-money-laundering checks and monitoring in Ireland's investor programme; it was held back and published, redacted, in June 2023.","year":"2020"},{"event_id":"e-65cf90ec28","date":"2020-11-02","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"legal","title":"POS case archived without charges","description":"On 2 November 2020 it became known that the justice system had archived the POS case, finding no evidence for prosecution for tax evasion or money laundering.","source_id":"grc-ti-greece-2021","location":"pp. 11-12","quote":"Στις 2 Νοεμβρίου 2020, ήτοι δύο χρόνια αφότου ήρθε στη δημοσιότητα η υπόθεση με τα POS, έγινε γνωστό ότι η Δικαιοσύνη έθεσε στο αρχείο την υπόθεση","countries":"","short_title":"POS case archived without charges","plain_summary":"","year":"2020"},{"event_id":"e-8fa63571ea","date":"2020-10-27","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Appeals court upholds Zhang v. USCIS ruling; USCIS reopens class members' petitions","description":"The U.S. Court of Appeals for the D.C. Circuit affirmed the district court decision on loan-funded EB-5 investments; USCIS said it was reopening and adjudicating class members' Form I-526 petitions consistent with the decision.","source_id":"usa-uscis-web-eb5-program-2023","location":"section 'Class Action Member Identification Notice'","quote":"On Oct. 27, 2020, the U.S. Court of Appeals for the D.C. Circuit affirmed the district court’s decision.","countries":"","short_title":"Appeals court upholds Zhang v. USCIS ruling; USCIS reopens class members' petitions","plain_summary":"","year":"2020"},{"event_id":"e-62a70f1444","date":"2020-10-23","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"PRA board suspends acceptance and processing of SRRV applications","description":"The PRA Board of Trustees suspended the acceptance and processing of SRRV applications effective 23 October 2020.","source_id":"phl-pra-ar-2021","location":"PDF p. 56 (report p. 50)","quote":"the decision of the PRetA Board of Trustees to suspend the acceptance and processing of SRRV applications effective 23 October 2020","countries":"","short_title":"PRA board suspends acceptance and processing of SRRV applications","plain_summary":"","year":"2020"},{"event_id":"e-f087a79a00","date":"2020-10-20","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"legal","title":"Commission opens infringements against Cyprus and Malta","description":"Letters of formal notice over investor citizenship schemes, arguing that granting nationality for pre-determined payments without a genuine link breaches Article 4(3) TEU.","source_id":"intl-ec-ip-20-1925","location":"Press release text","quote":"the European Commission is launching infringement procedures against Cyprus and Malta by issuing letters of formal notice regarding their investor citizenship schemes","countries":"CYP;MLT","short_title":"EU takes first legal steps against Cyprus and Malta","plain_summary":"The European Commission opened formal legal proceedings against Cyprus and Malta, arguing that granting citizenship for payment without a genuine connection to the country breaks European Union treaties.","year":"2020"},{"event_id":"e-74b54b6374","date":"2020-10-20","date_precision":"day","jurisdiction":"MLT","program_id":"","category":"legal","title":"European Commission opens infringement procedure against Malta (and Cyprus)","description":"Letters of formal notice under Art. 4(3) TEU and Art. 20 TFEU.","source_id":"mlt-ec-ip-20-1925","location":"paragraph 1","quote":"Today, the European Commission is launching infringement procedures against Cyprus and Malta by issuing letters of formal notice","countries":"","short_title":"EU opens legal case against Malta's citizenship sales","plain_summary":"The European Commission sent Malta a formal notice opening legal proceedings over its citizenship-sale scheme, alongside a similar case against Cyprus.","year":"2020"},{"event_id":"e-69b39fe5ea","date":"2020-10-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-qualified-investor","category":"launch","title":"Qualified Investor Program created (DE 722)","description":"Decreto Ejecutivo 722 of 15 Oct 2020, published 16 Oct 2020 and in force on promulgation, creates direct permanent residence for investments of B/.500,000 (real estate, presale contract, securities) or B/.750,000 (bank deposit), with B/.300,000 accepted for real estate during the first 24 months.","source_id":"pan-go-de722-2020","location":"p. 3, art. 1","quote":"la subcategoria de Residente Permanente, en calidad de Inversionista Calificado, por mantener actividades de inversión en la República de Panamá","countries":"","short_title":"Panama launches new Qualified Investor residence programme","plain_summary":"Panama created a residence programme for investors putting B/.500,000 into real estate, presale contracts or securities, or B/.750,000 into a bank deposit, with a lower B/.300,000 real-estate option for the first two years.","year":"2020"},{"event_id":"e-de9e5c1ede","date":"2020-10-16","date_precision":"day","jurisdiction":"PAN","program_id":"pan-solvencia-economica","category":"rule_change","title":"Pending 2020 Solvencia property applicants may switch to the new Qualified Investor route","description":"Transitional article 10 of Decreto Ejecutivo 722 of 15 Oct 2020 (Gaceta 29136, 16 Oct 2020) lets foreigners with pending or started 2020 applications for the provisional permit of Solvencia Económica Propia through real estate change to the Qualified Investor subcategory (real estate) if they meet its fee requirements (art. 4). Repeated by DE 109 of 2022. Text read by OCR.","source_id":"pan-go-de722-2020","location":"p. 7, art. 10, second paragraph (OCR)","quote":"podrán solicitar el cambio de su estatus migratorio a la subcategoría de Residente Permanente en calidad de Inversionista Calificado por Inversión en Bienes Inmuebles","countries":"","short_title":"Pending 2020 Solvencia property applicants may switch to the new Qualified Investor route","plain_summary":"","year":"2020"},{"event_id":"e-503ccbcc69","date":"2020-10","date_precision":"month","jurisdiction":"QAT","program_id":"qat-property-residence","category":"launch","title":"Cabinet Decision 28/2020 links residence to property purchases","description":"Cabinet Decision 28 of 2020 sets the areas open to non-Qataris and grants residence to owners of property worth QAR 730,000, with permanent-residency benefits from QAR 3.65 million. An office for non-Qatari ownership opens in The Pearl.","source_id":"qat-peninsula-prp-property-2020","location":"para on thresholds","quote":"Owners of property worth no less than QR3.65m ($1m) will get the same benefits as permanent residents","countries":"","short_title":"Qatar links residence to property purchases","plain_summary":"A government decision in October 2020 set areas open to non-Qataris and gave residence to owners of property worth QAR 730,000, with permanent-residency benefits from QAR 3.65 million.","year":"2020"},{"event_id":"e-ee0505243b","date":"2020-09-15","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"rule_change","title":"Investor visa opened to representatives of legal persons; holders get self-employment rights","description":"Art. 40-quater D.L. 76/2020 (added by conversion law L. 120/2020): investment may be made on behalf of a legal person the applicant represents (subject to reciprocity check); permit holders get the rights of the self-employment permit and a five-year exemption from the integration agreement and continuous-stay requirements.","source_id":"ita-normattiva-dl-76-2020-art40quater","location":"art. 40-quater, comma 1","quote":"in nome proprio o per conto della persona giuridica che legalmente rappresentano","countries":"","short_title":"Italy opens investor visa to company representatives","plain_summary":"A new Italian law let people invest on behalf of a company they represent to qualify for the investor visa, giving permit holders self-employment rights and a five-year exemption from integration requirements.","year":"2020"},{"event_id":"e-70e5828e6d","date":"2020-09-02","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"price_change","title":"Property threshold for residence cut to USD 375,000","description":"The Finance (Miscellaneous Provisions) Act 2020 (assented 7 August 2020) sets USD 375,000 for residence through all EDB property schemes, cuts the direct permanent-residence investment from USD 500,000 to USD 375,000, lowers the investor permit to USD 50,000 and extends investor and retiree permits from 3 to 10 years. Sections 16(f) and 27, which make these changes, came into operation on 2 September 2020 (s. 74(7)).","source_id":"mus-fa-2020","location":"s. 27","quote":"the purchase price of which is not less than 375,000 US dollars","countries":"","short_title":"Mauritius cuts property threshold for residence to US$375,000","plain_summary":"A 2020 law set US$375,000 for residence through property schemes, cut the permanent residence investment from US$500,000, lowered the investor permit to US$50,000, and extended investor and retiree permits from 3 to 10 years.","year":"2020"},{"event_id":"e-646fe6dd68","date":"2020-09-02","date_precision":"day","jurisdiction":"MUS","program_id":"mus-investor-permit","category":"rule_change","title":"Investor permits extended to 10 years; minimum cut to USD 50,000; permanent residence 20 years","description":"The Finance (Miscellaneous Provisions) Act 2020 replaced the EDB Act First Schedule (investor minimum USD 50,000; renewal on MUR 4 million gross income a year from year 3), extended investor occupation permits from 3 to 10 years (existing 3-year permits valid on 1 Sep 2020 extended) and permanent residence permits from 10 to 20 years, and set permanent residence criteria (3 years as investor with MUR 15 million gross income a year, or a direct USD 375,000 investment). In force 2 Sep 2020 (s. 74(7)).","source_id":"mus-fa-2020","location":"ss. 16(f), 27(b)-(c), 74(7) and Third Schedule, PDF pp. 38, 55-57, 168-174","quote":"in subsection (4)(a)(i), by deleting the words “3 years” and replacing them by the words “10 years”","countries":"","short_title":"Investor permits extended to 10 years; minimum cut to USD 50,000; permanent residence 20 years","plain_summary":"","year":"2020"},{"event_id":"e-4e3d8a3d2b","date":"2020-07-24","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS clarifies guidance on deployment of EB-5 investment capital","description":"USCIS updated the USCIS Policy Manual with clarifying guidance on the initial and further deployment of investment capital under the EB-5 programme.","source_id":"usa-uscis-web-eb5-whats-new-2025","location":"'News' section","quote":"USCIS has updated the USCIS Policy Manual with clarifying guidance on the deployment of investment capital under the EB-5 Immigrant Investor Program.","countries":"","short_title":"USCIS clarifies guidance on deployment of EB-5 investment capital","plain_summary":"","year":"2020"},{"event_id":"e-a9c5dfd366","date":"2020-07-21","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"ISC Russia report blames investor visa for oligarch money","description":"Parliament's Intelligence and Security Committee says exploitation of the investor visa scheme was key to London's appeal to Russian oligarchs and calls for an overhaul of the Tier 1 (Investor) programme.","source_id":"gbr-isc-russia-2020","location":"PDF p. 22, para 49","quote":"exploitation of the UK’s investor visa scheme, introduced in 1994","countries":"","short_title":"UK report blames investor visa for Russian oligarch money","plain_summary":"The UK Parliament's Intelligence and Security Committee said abuse of the investor visa scheme helped make London attractive to Russian oligarchs, and called for an overhaul of the programme.","year":"2020"},{"event_id":"e-bc7c60a43c","date":"2020-07-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec investor suspension extended to April 2021","description":"AM 2020-001 kept investor applications suspended from 1 Jul 2020 to 1 Apr 2021.","source_id":"can-goq-am-2020-001","location":"p. 1","quote":"prenne effet le 1er juillet 2020 et cesse d’avoir effet le 1er avril 2021","countries":"","short_title":"Quebec extends investor suspension to April 2021","plain_summary":"A ministerial order kept Quebec investor applications suspended from 1 July 2020 to 1 April 2021.","year":"2020"},{"event_id":"e-dce6caffd5","date":"2020-07-01","date_precision":"day","jurisdiction":"EST","program_id":"est-business-residence","category":"rule_change","title":"EUR 65,000 holding must be invested in fixed assets; large-investor direct investment defined","description":"From 1 July 2020 (RT I, 17.06.2020, 2) the EUR 65,000 for an enterprise permit must be invested in share capital used to acquire real estate, machinery or equipment registered as fixed assets in Estonia, the separate validity rule for enterprise permits was repealed, and the large investor's direct investment was defined (share capital for fixed assets, investments in active Estonian companies or in an investment fund).","source_id":"est-rt-aliens-act-en-2026","location":"§ 192(2), § 197^1, § 197^3(1^1)","quote":"An alien who has a holding in a company shall have invested at least 65,000 euros in the share capital of an Estonian company, for which real estate, machinery or equipment has been acquired and registered as fixed assets in Estonia.","countries":"","short_title":"EUR 65,000 holding must be invested in fixed assets; large-investor direct investment defined","plain_summary":"","year":"2020"},{"event_id":"e-0e19ecbf87","date":"2020-07-01","date_precision":"day","jurisdiction":"VNM","program_id":"vnm-investor-visa","category":"launch","title":"Viet Nam ties investor visas and residence cards to capital contributed","description":"Law 51/2019/QH14 takes effect, splitting the investor visa into ĐT1-ĐT4 by capital contributed (VND 100bn, 50bn, 3bn thresholds) with temporary residence cards of up to 10, 5 and 3 years.","source_id":"vnm-congbao-27-vbhn-vpqh-2019","location":"p. 61, preamble of the consolidated text","quote":"có hiệu lực kể từ ngày 01 tháng 7 năm 2020","countries":"","short_title":"Viet Nam ties investor visas and residence cards to capital contributed","plain_summary":"","year":"2020"},{"event_id":"e-5308fb2d82","date":"2020-06-26","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"context","title":"OECD CRS high-risk list no longer includes Malaysia My Second Home (by June 2020)","description":"MM2H, present in the 15 February 2020 archived copy, is absent from the 26 June 2020 copy (23 schemes). Exact removal date not published.","source_id":"intl-oecd-cbi-rbi-2020-06","location":"List table","quote":"identifying the following schemes that potentially pose a high-risk to the integrity of CRS","countries":"","short_title":"Malaysia's MM2H dropped from the OECD risk list","plain_summary":"Malaysia My Second Home disappeared from the list between February and June 2020.","year":"2020"},{"event_id":"e-f418bb63bb","date":"2020-06","date_precision":"month","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"context","title":"First golden visa for a long-term bank deposit issued","description":"TI Greece reports the first golden visa based on a long-term deposit was issued in June 2020.","source_id":"grc-ti-greece-2021","location":"p. 7","quote":"Η πρώτη Golden Visa για μακροπρόθεσμη κατάθεση εκδόθηκε τον Ιούνιο του 2020.","countries":"","short_title":"First golden visa for a long-term bank deposit issued","plain_summary":"","year":"2020"},{"event_id":"e-18e59f78ba","date":"2020-05-19","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"price_change","title":"Italy halves investor visa thresholds for companies and start-ups","description":"D.L. 34/2020 ('Decreto Rilancio'), art. 38(10), cuts the company route from EUR 1m to EUR 500k and the innovative start-up route from EUR 500k to EUR 250k. In force 19 May 2020; converted by L. 77/2020.","source_id":"ita-normattiva-dl-34-2020-art38","location":"art. 38, comma 10","quote":"sono sostituite dalle seguenti: \"di almeno euro 500.000 in strumenti rappresentativi del capitale di una società costituita e operante in Italia mantenuto per almeno due anni ovvero di almeno euro 250.000\"","countries":"","short_title":"Italy halves investor visa thresholds for firms and start-ups","plain_summary":"A new Italian law cut the minimum investment for the company route from €1 million to €500,000, and for start-ups from €500,000 to €250,000.","year":"2020"},{"event_id":"e-c35b452b90","date":"2020-05-12","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"rule_change","title":"Anguilla Economic Residence (Amendment) Act 21/2020 in force","description":"Amended the Act: application and health forms may be those provided by the Select Anguilla Agency; Agent licences limited to lawyers, real estate agents or company managers ordinarily resident in Anguilla; agent licence application documents.","source_id":"aia-aera-act-rev-2022","location":"PDF p. 1 (list of consolidated Acts); ss. 6(5), 14(2), 14(4), 14(13) amendment notes","quote":"Act 21/2020, in force 12 May 2020","countries":"","short_title":"Anguilla Economic Residence (Amendment) Act 21/2020 in force","plain_summary":"","year":"2020"},{"event_id":"e-443b8eb21f","date":"2020-05-08","date_precision":"day","jurisdiction":"SMR","program_id":"smr-residenza-elettiva","category":"rule_change","title":"San Marino fixes the elective-residence cap at 50 a year","description":"Decreto Delegato 75 of 8 May 2020 replaces art. 16-bis(15): at most 50 elective residences a year, family members excluded (the 2017 text set 50 for 2017 and left later years to a decree). Date is the decree's date; in-force date not read.","source_id":"smr-cgg-legge-118-2010-tc-2025","location":"Notes to art. 16-bis, p. 35","quote":"Il numero massimo di residenze elettive che possono essere concesse ogni anno è di 50 unità, esclusi i casi di cui ai commi 6 e 7.","countries":"","short_title":"San Marino fixes the elective-residence cap at 50 a year","plain_summary":"","year":"2020"},{"event_id":"e-97d951558a","date":"2020-04-24","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"EY Phase 1 review: over-reliance on China, no tracking of investments","description":"EY found 97% of permits in 2018 went to Chinese applicants, only EUR 331m of EUR 632m in INIS data was recorded as invested, and no mechanism tracked whether funds reached projects; it still saw economic merit in continuing the scheme with a clearer strategy.","source_id":"irl-doj-iip-review-phase1","location":"PDF p. 5 (EY p. 2)","quote":"By 2018, 97% of all IIP permits were granted to Chinese applicants.","countries":"","short_title":"Review: Ireland's investor programme relied heavily on Chinese applicants","plain_summary":"An external review found 97% of 2018 permits for Ireland's investor programme went to Chinese applicants, only part of the recorded money was tracked as invested, and no mechanism checked if funds reached projects.","year":"2020"},{"event_id":"e-dee0cc3588","date":"2020-04-15","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"rule_change","title":"Res. 56/2018 amended to add athletes to talent categories","description":"Only amendment to Res. 56/2018 on the legislation platform: arts 1 and 8 reworded (sports talents, athletes). Investor thresholds unchanged.","source_id":"are-cabinet-res-56-2018-modifications","location":"modifications page, 2020 entry","quote":"قرار مجلس الوزراء بشأن تعديل بعض أحكام قرار مجلس الوزراء في شأن تنظيم تصاريح الإقامة للمستثمرين ورواد الأعمال وأصحاب المواهب التخصصية","countries":"","short_title":"United Arab Emirates adds athletes to golden visa categories","plain_summary":"The UAE amended its golden visa rules to include sports talents and athletes among the talent categories; investor thresholds were unchanged.","year":"2020"},{"event_id":"e-5c061eabbd","date":"2020-03-18","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"MM2H applications frozen with the COVID-19 border closure","description":"With the Movement Control Order from 18 March 2020 and border closure, applications to MM2H were frozen while the Home and Tourism ministries reviewed the programme.","source_id":"mys-moha-mm2h-statement-2021","location":"p. 1, paras 1-2","quote":"permohonan untuk menyertai Program Malaysia Rumah Keduaku (MM2H) telah dibekukan","countries":"","short_title":"MM2H applications frozen with the COVID-19 border closure","plain_summary":"","year":"2020"},{"event_id":"e-79264ab0fa","date":"2020-03","date_precision":"month","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"GIP revised: new applicant profiles and a family-office option (Option C)","description":"EDB revised the GIP to cover next-generation business owners, founders of fast-growing tech companies and family office principals; a new Option C allowed investing S$2.5 million in a Singapore single family office with at least S$200 million in AUM (terms in sgp-edb-gip-factsheet-2021).","source_id":"sgp-edb-gip-mr-2023","location":"p. 2, para 11","quote":"The GIP was last revised in March 2020, when changes were made to address the emergence of new breeds of business owners, including founders of fast-growing tech companies and family office principals.","countries":"","short_title":"Singapore revises its investor residence programme for new applicants","plain_summary":"Singapore revised its investor residence programme to cover next-generation business owners, fast-growing tech company founders, and family office principals, adding an option to invest S$2.5 million in a Singapore family office.","year":"2020"},{"event_id":"e-bede102e47","date":"2020-02-14","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"context","title":"BIIP review consultation closes (41 written submissions)","description":"The public consultation for the Business Innovation and Investment program review closed; 41 written submissions were received and nine roundtables held. Most submissions on the Premium Investor visa suggested closing it.","source_id":"aus-dha-biip-review-findings-2020","location":"p. 2, first and last bullets","quote":"The consultation process closed on 14 February 2020.","countries":"","short_title":"BIIP review consultation closes (41 written submissions)","plain_summary":"","year":"2020"},{"event_id":"e-1dcc3ead60","date":"2020-01-08","date_precision":"day","jurisdiction":"CPV","program_id":"cpv-green-card","category":"rule_change","title":"Green Card implementing regulation in force (Decreto-Regulamentar 1/2020)","description":"The regulation of Law 30/IX/2018 designates the Casa do Cidadão as the one-stop shop for Green Card applications, gives the Directorate of Foreigners and Borders (DEF) 15 days to decide, regulates family reunification and fines, and requires a yearly audit by the Inspeção-Geral das Finanças published on the government website. In force the day after publication on 7 Jan 2020.","source_id":"cpv-bo-dr-1-2020","location":"PDF p. 8, art. 37","quote":"O presente diploma entra em vigor no dia seguinte ao da sua publicação.","countries":"","short_title":"Green Card implementing regulation in force (Decreto-Regulamentar 1/2020)","plain_summary":"","year":"2020"},{"event_id":"e-dcb65b06aa","date":"2020","date_precision":"year","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Law 4764/2020 allows remote golden visa applications during COVID-19","description":"Applicants who had completed their investment could apply remotely, give biometrics later and collect permits through their lawyers with a certified passport copy.","source_id":"grc-ti-greece-2021","location":"p. 7","quote":"Δίνει την επιλογή στους αιτούντες Golden Visa να υποβάλουν την αίτησή τους εξ αποστάσεως, εφόσον έχουν ήδη ολοκληρώσει την επένδυσή τους.","countries":"","short_title":"Law 4764/2020 allows remote golden visa applications during COVID-19","plain_summary":"","year":"2020"},{"event_id":"e-1588252fed","date":"2020","date_precision":"year","jurisdiction":"MLT","program_id":"mlt-grp","category":"rule_change","title":"Global Residence Programme: status can pass to a dependant on the beneficiary's death (L.N. 69 of 2020)","description":"Rule 3 is marked as amended by L.N. 69 of 2020. In the consolidated text, after a beneficiary's death the special tax status is granted to a dependant who inherits the primary residence or rents a qualifying property and meets the other conditions. The consolidation does not show which words of rule 3 the notice changed; the date of the notice is not printed.","source_id":"mlt-sl-123-148-2020","location":"PDF p. 4, rule 3(3), margin note \"Amended by: L.N. 69 of 2020\"","quote":"Following the death of a beneficiary, the special tax status granted in terms of sub-rule (2) shall be granted to a dependant of that deceased beneficiary","countries":"","short_title":"Global Residence Programme: status can pass to a dependant on the beneficiary's death (L.N. 69 of 2020)","plain_summary":"","year":"2020"},{"event_id":"e-17b442559d","date":"2020","date_precision":"year","jurisdiction":"MYS","program_id":"mys-mm2h","category":"rule_change","title":"New MM2H applications frozen","description":"The government froze the programme temporarily; approvals were reported only up to September 2019 and 5,396 pending applications were returned to applicants through MM2H agents. The exact freeze date is not given in the reply (December 2020).","source_id":"mys-parl-pq-bl256-2020","location":"p. 2-3, paras 3-5","quote":"statistik kelulusan hanya dapat dilaporkan sehingga September 2019 sahaja kerana Kerajaan telah memutuskan untuk membekukan Program MM2H buat sementara waktu","countries":"","short_title":"Malaysia freezes new applications for My Second Home","plain_summary":"In 2020 the government temporarily froze the programme. Approvals were reported only up to September 2019, and 5,396 pending applications were returned to applicants through agents. The exact freeze date is not given.","year":"2020"},{"event_id":"e-6a0c186dfc","date":"2020","date_precision":"year","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"rule_change","title":"Sarawak tourism ministry takes over S-MM2H from the Sarawak Immigration Department","description":"Since 2020 the state tourism ministry has run S-MM2H with a one-stop panel approving applications.","source_id":"mys-swk-mtcp-smm2h-approvals-2024","location":"para 2","quote":"since his ministry took over the S-MM2H programme from Sarawak Immigration Department in 2020, a one-stop panel has been set up","countries":"","short_title":"Sarawak tourism ministry takes over S-MM2H from the Sarawak Immigration Department","plain_summary":"","year":"2020"},{"event_id":"e-49ae8f7ea3","date":"2020","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"SRRV applications and processing suspended during COVID-19; enrolment falls 71.6%","description":"With travel bans and the suspension of SRRV application and processing in 2020, PRA reported a 71.6% fall in 2020 enrolment compared with 2019. The report gives no dates for the suspension.","source_id":"phl-pra-ar-2020","location":"PDF p. 3, Message from the General Manager","quote":"with the imposition of travel bans as well as suspension of SRRV application and processing, we registered a 71.6% decrease in our 2020 enrolment compared to 2019.","countries":"","short_title":"SRRV applications and processing suspended during COVID-19; enrolment falls 71.6%","plain_summary":"","year":"2020"},{"event_id":"e-195ec513de","date":"2019-12-19","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"context","title":"Government opens review of the BIIP (\"Getting a better deal for Australia\")","description":"Minister Alan Tudge announced a public consultation on whether to raise investment thresholds and change investment types for the Investor and Significant Investor visas.","source_id":"aus-dha-biip-review-findings-2020","location":"p. 2","quote":"On 19 December 2019, Minister Tudge announced a public consultation process","countries":"","short_title":"Australia reviews its investor and significant investor visas","plain_summary":"Australia's government opened a public consultation on whether to raise investment thresholds and change allowed investment types for its investor and significant investor visas.","year":"2019"},{"event_id":"e-065e4491fa","date":"2019-11-28","date_precision":"day","jurisdiction":"NLD","program_id":"nld-investor-residence","category":"rule_change","title":"Dutch cabinet gives the investor scheme one year to show potential","description":"Answering MPs' questions on Malta's passport sales, the cabinet says fewer than 10 investor permits have been issued, no abuse is known, and it will see whether adapting the scheme can make it useful for innovative companies; if after one year it shows no such potential it will be abolished (as decided in Jan 2021).","source_id":"nld-ah-tk-20192020-867","location":"PDF p. 7, Antwoord 24","quote":"Mocht na één jaar blijken dat de regeling deze potentie niet heeft, dan wordt zij afgeschaft.","countries":"","short_title":"Dutch cabinet gives the investor scheme one year to show potential","plain_summary":"","year":"2019"},{"event_id":"e-9dd797cb99","date":"2019-11-21","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"EB-5 Modernization rule raises minimum investment to USD 1.8 million / 900,000","description":"DHS final rule published 24 Jul 2019, effective 21 Nov 2019: first increase since 1990 (CPI-U 1990-2015), five-yearly adjustment, DHS takes over high-unemployment TEA designation, priority-date retention. Vacated on 22 June 2021.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 1 (84 FR 35750), DATES","quote":"This final rule is effective November 21, 2019.","countries":"","short_title":"United States raises minimum investment for its investor visa programme","plain_summary":"A new rule raised the minimum investment for the US investor visa programme to US$1.8 million, or US$900,000 in targeted areas, the first increase since 1990; a court later vacated the rule in 2021.","year":"2019"},{"event_id":"e-8f1016b03a","date":"2019-11-11","date_precision":"day","jurisdiction":"SAU","program_id":"sau-premium-residency","category":"context","title":"First 73 premium residency permits granted","description":"The centre announces the first batch: 73 people of 19 nationalities, including investors and doctors.","source_id":"sau-arabnews-first-batch-2019","location":"para 1-2","quote":"The number of premium residency holders in this batch amounted to 73 people representing 19 nationalities.","countries":"","short_title":"Saudi Arabia grants its first 73 premium residency permits","plain_summary":"On 11 November 2019 the centre announced its first group: 73 people of 19 nationalities, including investors and doctors.","year":"2019"},{"event_id":"e-2f3621e844","date":"2019-11-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec suspends the Investor Program to revise it","description":"AM 2019-007 suspended receipt of investor applications from 1 Nov 2019 to 1 Jul 2020, citing the government's wish to revise the programme; extended by AM 2020-001 to 1 Apr 2021 and AM 2021-007 to 1 Apr 2023.","source_id":"can-goq-am-2019-007","location":"Gazette p. 4456A, décision art. 1-2","quote":"La réception des demandes de sélection à titre permanent présentées dans le cadre du Programme des investisseurs est suspendue.","countries":"","short_title":"Quebec suspends its investor programme to revise it","plain_summary":"From 1 November 2019 to 1 July 2020 Quebec stopped receiving investor applications, citing a wish to revise the programme. The suspension was later extended to 1 April 2021 and then 1 April 2023.","year":"2019"},{"event_id":"e-ed67ee8699","date":"2019-11","date_precision":"month","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Law 4605/2019 adds EUR 400,000 financial-investment routes","description":"TI Greece: from November 2019 residence permits could be obtained with EUR 400,000 in financial instruments and companies (deposits, REICs, government bonds, funds) or EUR 800,000 in shares or corporate bonds.","source_id":"grc-ti-greece-2021","location":"p. 6","quote":"Τον Νοέμβριο του 2019, ο νόμος 4605/2019 τέθηκε σε ισχύ","countries":"","short_title":"Law 4605/2019 adds EUR 400,000 financial-investment routes","plain_summary":"","year":"2019"},{"event_id":"e-e63a2e0ff5","date":"2019-07-24","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS publishes the EB-5 Modernization final rule","description":"Final rule (84 FR 35750) published 24 Jul 2019, effective 21 Nov 2019. The USD 1.8 million standard amount adjusts USD 1,000,000 (1990) by CPI-U 130.7 (1990) to 237.017 (2015), about 81.34 percent, rounded; adjustments every five years from 1 Oct 2024, rounded down to the nearest USD 100,000, always measured from the 1990 amount; TEA amount 50 percent of standard; high-employment amount also USD 1.8 million (the statute would allow up to three times the standard, USD 5.4 million, never used). Vacated 22 June 2021.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 48 (84 FR 35797), footnote 124","quote":"was 130.7 in 1990 and 237.017 in 2015. The actual increase in prices for the period was approximately 81.34 percent","countries":"","short_title":"DHS publishes the EB-5 Modernization final rule","plain_summary":"","year":"2019"},{"event_id":"e-a5741dec29","date":"2019-06-23","date_precision":"day","jurisdiction":"SAU","program_id":"sau-premium-residency","category":"applications_open","title":"Premium Residency Center starts taking applications online","description":"The centre opens its electronic platform; permanent residency costs SAR 800,000 once and fixed-term residency SAR 100,000 a year.","source_id":"sau-argaam-prc-launch-2019","location":"para 1","quote":"Premium Residency Center started today receiving and processing the applications electronically","countries":"","short_title":"Saudi Arabia's Premium Residency Center opens online applications","plain_summary":"On 23 June 2019 the centre opened its online platform. Permanent residency costs SAR 800,000 once, and fixed-term residency costs SAR 100,000 a year.","year":"2019"},{"event_id":"e-2bf1ff00d0","date":"2019-06-05","date_precision":"day","jurisdiction":"GEO","program_id":"geo-investment-residence","category":"price_change","title":"Georgia raises the investment residence threshold to USD 300,000 and adds real estate","description":"Law No 4741 of 30 May 2019 (published 5.6.2019) sets the investment residence permit at USD 300,000 (investment or real estate), 5-year validity and a path to unlimited residence; date is publication, from the history note; Law 4741 itself is not stored.","source_id":"geo-matsne-aliens-law-2019-05","location":"Article 15(h) and history note","quote":"Law of Georgia No 4741 of 30 May 2019 – website, 5.6.2019","countries":"","short_title":"Georgia raises the investment residence threshold to USD 300,000 and adds real estate","plain_summary":"","year":"2019"},{"event_id":"e-0d54f71ea8","date":"2019-06-03","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"launch","title":"Anguilla Economic Residence Act in force","description":"The Act (No. 15 of 2019) created residence by investment through approved real estate or the Capital Development Fund, a retroactive route for existing property owners, and residence for tax purposes.","source_id":"aia-aera-act-rev-2022","location":"PDF p. 1","quote":"Act 15/2019, in force 3 June 2019","countries":"","short_title":"Anguilla's Economic Residence Act comes into force","plain_summary":"From 3 June 2019 Anguilla allowed residence through approved real estate or a development fund, a route for existing property owners, and residence for tax purposes.","year":"2019"},{"event_id":"e-c81d0e3c79","date":"2019-06-03","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"context","title":"First golden residence permit issued in Abu Dhabi","description":"The Federal Authority for Identity and Citizenship (ICA) issues the first golden residence permit in Abu Dhabi under Cabinet Resolution 56/2018, to a prominent investor, at a ceremony.","source_id":"are-wam-ica-first-golden-2019","location":"para 1","quote":"The Federal Authority for Identity and Citizenship, ICA, issued the first \"Golden Residence Permit\" in Abu Dhabi","countries":"","short_title":"First golden residence permit issued in Abu Dhabi","plain_summary":"","year":"2019"},{"event_id":"e-8e430dee6c","date":"2019-06","date_precision":"month","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"External review (EY) contracted after 2019 audit","description":"A 2019 internal audit recommended a strategic review; EY was contracted in June 2019. Phase 1 (social and economic analysis) reported 24 April 2020; Phase 2 (governance, risk and control) 13 November 2020. Neither was published until June 2023.","source_id":"irl-oir-wa-2022-05-04","location":"Written answer 4 May 2022, Q405-408","quote":"In 2019, an audit of the IIP identified a number actions to be undertaken, including a strategic review of the IIP.","countries":"","short_title":"Ireland hires outside reviewer for its investor programme","plain_summary":"After a 2019 audit recommended a strategic review, Ireland contracted an outside firm in June 2019 to examine its investor programme; the resulting reports were not published until 2023.","year":"2019"},{"event_id":"e-0ceb678e00","date":"2019-05-21","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"launch","title":"Golden Card launched; first 6,800 eligible residents identified","description":"Sheikh Mohammed bin Rashid launches the Golden Card long-term residence for investors, entrepreneurs, talents, researchers and students; issuance starts 21 May 2019.","source_id":"are-wam-golden-card-launch-2019","location":"para 1","quote":"has launched the 'Golden Card' scheme to grant permanent residency benefits to investors, entrepreneurs, specialised talents, researchers, and outstanding students","countries":"","short_title":"United Arab Emirates launches Golden Card residence scheme","plain_summary":"The UAE launched its Golden Card long-term residence scheme for investors, entrepreneurs, talents, researchers and students, identifying about 6,800 people eligible as issuance began.","year":"2019"},{"event_id":"e-37435e258a","date":"2019-05-15","date_precision":"day","jurisdiction":"SAU","program_id":"sau-premium-residency","category":"launch","title":"Premium Residency Law issued by Royal Decree M/106","description":"Saudi Arabia enacts the Premium Residency Law, creating sponsor-free residence (permanent or fixed-term) for foreigners. The decree is dated 10/9/1440H (about 15 May 2019).","source_id":"sau-uqn-cabinet-res-437-2024","location":"preamble","quote":"نظام الإقامة المميزة، الصادر بالمرسوم الملكي رقم (م/106) وتاريخ 10 /9/ 1440هـ","countries":"","short_title":"Saudi Arabia issues its Premium Residency Law","plain_summary":"Around 15 May 2019 Saudi Arabia enacted a law creating residence, permanent or fixed-term, for foreigners without needing a local sponsor.","year":"2019"},{"event_id":"e-48f1224b87","date":"2019-05-09","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec extends the 2018-2019 investor intake decision to 1 November 2019","description":"Ministerial order AM 2019-003 of 9 May 2019 (Gazette 22 May 2019) amended the decision of AM 2018-009 so that it ends on 1 November 2019 (the 1,900-application cap decision).","source_id":"can-goq-am-2019-007","location":"Gazette p. 4455A-4456A, preamble","quote":"Vu que l’article 2 de cette décision prévoit que la décision prise par l’arrêté ministériel n° 2018-009 prend fin le 1er novembre 2019","countries":"","short_title":"Quebec extends the 2018-2019 investor intake decision to 1 November 2019","plain_summary":"","year":"2019"},{"event_id":"e-3bf7967d7a","date":"2019-03-29","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"rule_change","title":"Two-year source-of-funds rule; government bonds excluded","description":"HC 1919: funds must have been held for 2 years (was 90 days), banks must confirm KYC checks, UK government bonds no longer qualify, intermediary vehicles must be FCA-regulated.","source_id":"gbr-ho-hc1919-em-2019","location":"PDF p. 8, para 7.22","quote":"Investment in UK government bonds is being excluded","countries":"","short_title":"UK tightens source-of-funds rules for investor visas","plain_summary":"The UK required investor visa funds to be held for two years instead of 90 days, required bank identity checks, excluded government bonds as a qualifying investment, and required regulated investment vehicles.","year":"2019"},{"event_id":"e-f3fd61a504","date":"2019-02-07","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"rule_change","title":"Executive Council asks for the residency scheme to be put in primary legislation","description":"Before the Act, investment PR was granted case by case under s.24(1) of the Immigration and Passport Act and the Permanent Residence Permit (Amendment) Regulations 2018; Council extended the retroactive fast-track window to 30 June 2019.","source_id":"aia-exco-minutes-2019-02-07","location":"p. 4, Ex Min 19/71 (iv)","quote":"asked that consideration be given to framing this initiative in primary legislation rather than regulations.","countries":"","short_title":"Anguilla's council asks for its residency scheme to be put in law","plain_summary":"On 7 February 2019 the council asked for the scheme to be set out in a full Act. Investor residence had been granted case by case. The fast-track window was extended to 30 June 2019.","year":"2019"},{"event_id":"e-ed620148d5","date":"2019-02-07","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"rule_change","title":"Executive Council sets retroactive fast-track valuation tiers for the planned residency programme","description":"Reviewing the proposed Permanent Residency by Investment Programme, Executive Council agreed that the minimum property valuation for the Retroactive Fast Track Phase be US$750,000 if the purchase was less than 2 years ago, US$600,000 if 2-5 years ago and US$500,000 if over 5 years ago, and that dependent children up to 26 in full-time study and financially dependent be eligible. These tiers were later written into the Anguilla Economic Residence Act.","source_id":"aia-exco-minutes-2019-02-07","location":"p. 3, Ex Min 19/71 (ii)(b)-(c)","quote":"if the purchase occurred between 2-5 years ago, the valuation threshold should be a minimum of US$600,000","countries":"","short_title":"Executive Council sets retroactive fast-track valuation tiers for the planned residency programme","plain_summary":"","year":"2019"},{"event_id":"e-61b768924f","date":"2019-02-03","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"launch","title":"Investor residence permits regime takes legal effect","description":"Cabinet Resolution 56/2018 comes into force on 3 February 2019.","source_id":"are-cabinet-res-56-2018","location":"PDF p. 8, art. 12","quote":"ويعمل به من الثالث من فبراير 2019","countries":"","short_title":"Investor residence permit rules take effect in United Arab Emirates","plain_summary":"The rules setting up the UAE's investor and talent residence permits came into legal force on 3 February 2019.","year":"2019"},{"event_id":"e-d563f7b820","date":"2019-01-23","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"European Commission: Hungarian scheme had no obligation to bring the money into Hungary","description":"The Commission's report on investor schemes notes that in Hungary (scheme suspended) funds did not have to be transferred to Hungarian territory, so they escaped checks, and that parliament's economy committee authorised the bond-issuing businesses, one per third country.","source_id":"intl-ec-com-2019-12","location":"PDF p. 16","quote":"In Hungary, where the scheme is currently suspended, there was no obligation to actually transfer the money to the Hungarian territory","countries":"","short_title":"EU report: Hungary's scheme let money bypass the country","plain_summary":"The European Commission's report on investor schemes said Hungary's suspended programme never required funds to be transferred into Hungary, letting them escape checks.","year":"2019"},{"event_id":"e-b193633853","date":"2019-01-23","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"European Commission report on investor citizenship and residence schemes","description":"COM(2019) 12 described the Bulgarian, Cypriot and Maltese investor citizenship schemes and investor residence schemes in 20 member states, and the risks for security, money laundering, tax evasion and corruption.","source_id":"intl-ec-com-2019-12","location":"p. 1, section 1","quote":"Such schemes have raised concerns about certain inherent risks, in particular as regards security, money laundering, tax evasion and corruption.","countries":"BGR;CYP;MLT;CZE;EST;IRL;GRC;ESP;FRA;HRV;ITA;LVA;LTU;LUX;NLD;POL;PRT;ROU;SVK;GBR","short_title":"EU report flags risks of selling citizenship","plain_summary":"A European Commission report described citizenship-sale schemes in Bulgaria, Cyprus and Malta, and residence-sale schemes in 20 countries, warning of security, money-laundering, tax and corruption risks.","year":"2019"},{"event_id":"e-084ed5c67d","date":"2019-01-23","date_precision":"day","jurisdiction":"MLT","program_id":"","category":"context","title":"European Commission report notes Malta plans to raise the 1,800 cap","description":"COM(2019) 12 (the general publication is recorded as e-b193633853) noted that the Maltese scheme is capped at 1,800 main applicants and that the authorities intended to increase the cap by another 1,800.","source_id":"intl-ec-com-2019-12","location":"p. 21","quote":"intend to increase the cap by another 1,800","countries":"","short_title":"EU report warns of risks in Malta's citizenship sales","plain_summary":"A European Commission report warned of security, money-laundering, tax and corruption risks in citizenship-sale schemes, and noted Malta planned to raise its applicant cap by another 1,800.","year":"2019"},{"event_id":"e-246bf13ff8","date":"2019-01-16","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec extends investor intake window to 31 August 2019","description":"AM 2019-001 extended the receipt period for investor applications to 31 Aug 2019 to reflect the 2019 immigration plan.","source_id":"can-goq-am-2019-001","location":"p. 1","quote":"pour qu’elle se termine le 31 août 2019","countries":"","short_title":"Quebec extends investor application window to 31 August 2019","plain_summary":"On 16 January 2019 a ministerial order extended the period for receiving investor applications to 31 August 2019, to reflect the 2019 immigration plan.","year":"2019"},{"event_id":"e-d88f81c619","date":"2019-01-06","date_precision":"day","jurisdiction":"UZB","program_id":"uzb-property-residence","category":"launch","title":"Uzbekistan grants residence permits to foreign real-estate buyers","description":"Presidential Decree UP-5611 (in force 06.01.2019) gives citizens of listed countries a residence permit on buying real estate worth USD 100,000-400,000 depending on the region.","source_id":"uzb-lex-up5611-2019","location":"document details (lex.uz)","quote":"Дата вступления в силу 06.01.2019","countries":"","short_title":"Uzbekistan grants residence permits to foreign real-estate buyers","plain_summary":"","year":"2019"},{"event_id":"e-0c600283a8","date":"2019-01-04","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"legal","title":"Labirinto verdict: ex-minister acquitted, ex-IRN head convicted","description":"First-instance court acquits Miguel Macedo and former SEF director Jarmela Palos; former IRN president António Figueiredo gets a suspended sentence of four years and seven months for two corruption offences, which the article says were unconnected with the golden visa suspicions, and peculato de uso.","source_id":"prt-observador-labirinto-verdict-2019","location":"article","quote":"Os três crimes valeram-lhe uma pena, em cúmulo, de quatro anos e sete meses de prisão, suspensa na execução.","countries":"","short_title":"Portugal golden visa scandal verdict: one acquitted, one convicted","plain_summary":"A court acquitted former minister Miguel Macedo and a former immigration service director, but gave a former immigration institute president a suspended sentence of four years and seven months for corruption.","year":"2019"},{"event_id":"e-112d2118b5","date":"2019-01-01","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"legal","title":"Residency certificates move to WORC under the Immigration (Transition) Law","description":"The Immigration (Transition) Law 2018 moved independent-means and direct investment certificates to the Director of Workforce Opportunities and Residency Cayman (WORC); the Cabinet sets a gazetted quota for permanent certificates.","source_id":"cym-parl-imm-transition-bill-2018","location":"Memorandum of Objects and Reasons","quote":"Government’s plans call for both departments to become officially operational on 1st January, 2019.","countries":"","short_title":"Cayman residency certificates move to a new government office","plain_summary":"From 1 January 2019 a 2018 law moved independent-means and direct investment certificates to a new residency authority. The Cabinet sets a published quota for permanent certificates.","year":"2019"},{"event_id":"e-eecc6c016a","date":"2019-01-01","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"Investment must be verified before residence is granted","description":"From 1 January 2019 approved applicants had 90 days to invest and received permission only after proving the investment; previously evidence was shown at registration. Third-party due-diligence reports were also required, and a 2019 data-sharing deal with Revenue supported OECD Common Reporting Standard exchanges.","source_id":"irl-oir-wa-2019-11-06","location":"Written answer 6 Nov 2019, Q95","quote":"as of 1 January 2019 my Department introduced new control measures to allow for the verification of the investment prior to the granting of a residence permission","countries":"","short_title":"Ireland requires proof of investment before granting residence","plain_summary":"From 1 January 2019, approved applicants for Ireland's investor programme had 90 days to invest and only got residence after proving it, instead of showing evidence at registration; outside checks were also required.","year":"2019"},{"event_id":"e-fd880f86b5","date":"2019-01","date_precision":"month","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Law 4589/2019: full price payable at signing, by crossed cheque or bank transfer","description":"An amendment tabled in January 2019 required the price of property (or tourist-lease) of at least EUR 250,000 to be paid in full at contract signing by crossed cheque or transfer, presented as an anti-money-laundering measure.","source_id":"grc-ti-greece-2021","location":"pp. 10-11","quote":"τροπολογία των Yπουργείων Οικονομίας, Επικρατείας και Μετανάστευσης και Ασύλου, που κατατέθηκε τον Ιανουάριο του 2019 (ν. 4589/2019)","countries":"","short_title":"Law 4589/2019: full price payable at signing, by crossed cheque or bank transfer","plain_summary":"","year":"2019"},{"event_id":"e-618f4b8cb7","date":"2019","date_precision":"year","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Law 4635/2019 allows POS card payments, retroactive to 1 January 2017","description":"TI Greece: the \"Invest in Greece\" law added payment by card through a POS of a provider operating in Greece, with retroactive effect from 1 Jan 2017, legalising the earlier POS transactions after the fact. The report says it was passed \"a few months\" after the January 2019 amendment; no exact date given.","source_id":"grc-ti-greece-2021","location":"pp. 7 and 11","quote":"Η ρύθμιση μάλιστα έχει αναδρομική ισχύ ξεκινώντας από την 1/1/2017.","countries":"","short_title":"Law 4635/2019 allows POS card payments, retroactive to 1 January 2017","plain_summary":"","year":"2019"},{"event_id":"e-806bcfa865","date":"2018-12-31","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"context","title":"Five cantons have abolished lump-sum taxation","description":"By end-2018 the cantons of Zurich, Basel-Stadt, Basel-Landschaft, Schaffhausen and Appenzell Ausserrhoden no longer offered lump-sum taxation (Zurich by popular vote, per the 2011 Federal Council message).","source_id":"che-fdk-mm-aufwandbesteuerung-2019","location":"PDF p. 2, annex footnote *","quote":"Die Kantone ZH, BS, BL, SH und AR haben die Aufwandbesteuerung abgeschafft und folglich keine Daten für 2018.","countries":"","short_title":"Five Swiss cantons have abolished lump-sum taxation","plain_summary":"By the end of 2018 the cantons of Zurich, Basel-Stadt, Basel-Landschaft, Schaffhausen and Appenzell Ausserrhoden no longer offered lump-sum taxation. In Zurich it was ended by popular vote.","year":"2018"},{"event_id":"e-0d06704c32","date":"2018-12-20","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"First residency bond series repaid (EUR 107.5 million)","description":"ÁKK repaid series 2018/T at maturity.","source_id":"hun-akk-annual-report-2018","location":"PDF p. 20","quote":"a Letelepedési Kötvény első sorozatának 107,5 millió eurós lejárata valósult meg 2018-ban","countries":"","short_title":"Hungary repays first series of residency bonds, worth €107.5 million","plain_summary":"Hungary's debt agency repaid the first series of residency bonds, worth €107.5 million, at maturity in 2018.","year":"2018"},{"event_id":"e-f7e5707522","date":"2018-12-06","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"Government announces Tier 1 (Investor) reforms for spring 2019","description":"Written statement alongside HC 1779 says the Investor route will be reformed in spring. (The reported suspension of the route that week, quickly reversed, is not in official documents found.)","source_id":"gbr-ho-hcws1159-2018","location":"statement text","quote":"Alongside this, we will reform our Tier 1 (Investor) route.","countries":"","short_title":"UK announces reform of its investor visa route for 2019","plain_summary":"The UK government said it would reform its investor visa route in spring 2019; a reported brief suspension of the route that week is not confirmed in official documents.","year":"2018"},{"event_id":"e-ec6eed02ab","date":"2018-12-06","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"scandal","title":"Only 16 bond-programme settlement permits revoked after security concerns","description":"After press investigations naming Russian officials' relatives and an associate of the Syrian president among participants, BMH data showed 16 permits withdrawn (5 investors, 11 family members).","source_id":"hun-444-revocations-2018","location":"body","quote":"mindössze 16 személy (5 befektető és 11 családtag) letelepedési engedélyét vonták vissza utólag","countries":"","short_title":"Only 16 permits revoked from Hungary's residency bond buyers after security concerns","plain_summary":"After press reports named relatives of Russian officials and an associate of Syria's president among participants, records showed only 16 residence permits were withdrawn: 5 investors and 11 family members.","year":"2018"},{"event_id":"e-28e5a0a2f9","date":"2018-12-04","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"legal","title":"Cabinet Resolution 56/2018 on investor and talent residence permits issued","description":"Legal basis of the golden visa: investors (AED 10 million, 10 years; AED 5 million property, 5 years), entrepreneurs, talents and students. Published in Official Gazette No. 643 on 16 Dec 2018.","source_id":"are-cabinet-res-56-2018","location":"PDF p. 1 (title); platform metadata","quote":"قرار مجلس الوزراء رقم (56) لسنة 2018 في شأن تنظيم تصاريح الإقامة للمستثمرين ورواد الأعمال وأصحاب المواهب التخصصية","countries":"","short_title":"United Arab Emirates issues legal basis for golden visa","plain_summary":"A cabinet resolution set the rules for the UAE's golden visa: AED 10 million for investors over 10 years, or AED 5 million in property over 5 years, plus routes for entrepreneurs, talents and students.","year":"2018"},{"event_id":"e-5dd0de27d6","date":"2018-11-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Court certifies class of investors denied over loan-funded investments (Zhang v. USCIS)","description":"The U.S. District Court for the District of Columbia certified a class of Form I-526 petitioners denied solely because they invested loan proceeds not secured by their own assets, vacated those denials and ordered USCIS to reconsider. USCIS wrote to denied and withdrawn petitioners in May 2019 and appealed on 28 Jan 2019.","source_id":"usa-uscis-web-eb5-program-2023","location":"section 'Class Action Member Identification Notice'","quote":"On Nov. 30, 2018, in the case of Zhang v. USCIS, No. 15-cv-995, the U.S. District Court for the District of Columbia certified a class","countries":"","short_title":"Court certifies class of investors denied over loan-funded investments (Zhang v. USCIS)","plain_summary":"","year":"2018"},{"event_id":"e-010392f525","date":"2018-11-21","date_precision":"day","jurisdiction":"BRA","program_id":"bra-investor-residence","category":"rule_change","title":"RN 36/2018 real-estate investor residence published and in force","description":"CNIg Resolução Normativa 36 of 9 Oct 2018, published in the DOU on 21 Nov 2018 and in force on publication: residence for individuals buying urban property (built or under construction) with own foreign funds of at least R$1,000,000, up to 30% less in the North and Northeast; two-year initial residence, at least 30 days in Brazil during it.","source_id":"bra-dou-rn-36-2018","location":"DOU header (Publicado em 21/11/2018); arts. 2 and 7","quote":"Esta Resolução Normativa entra em vigor na data de sua publicação.","countries":"","short_title":"RN 36/2018 real-estate investor residence published and in force","plain_summary":"","year":"2018"},{"event_id":"e-eb03932512","date":"2018-11-20","date_precision":"day","jurisdiction":"PAN","program_id":"","category":"context","title":"OECD narrows its CRS high-risk listing of Panama's three residence permits to specific ID cards","description":"In the OECD list dated 20 November 2018 Panama's Friendly Nations, Economic Solvency and Reforestation Investor schemes (now called 'Permit') are no longer in the main table of potentially high-risk schemes (25 schemes remain, against 28 on 22 October 2018). They appear instead in a separate table of schemes that meet both high-risk criteria but whose residence documents are clearly identified: only Panamanian ID cards with reference codes PRP-PA (Friendly Nations), PRP-SEP (Economic Solvency) and PRP-FOR (Reforestation Investor) are to be treated as potentially high-risk. These are the dataset's pan-friendly-nations, pan-solvencia-economica and pan-forestry-investor.","source_id":"intl-oecd-cbi-rbi-2018-11","location":"FAQ 'Which CBI/RBI schemes present a potentially high risk?', table of schemes with identified residence documentation","quote":"only such specific residence documentation should be perceived as potentially high-risk","countries":"","short_title":"Panama's visas dropped from the OECD risk list","plain_summary":"A month after the first list, the OECD removed Panama's three residence visas.","year":"2018"},{"event_id":"e-5d598ec6f7","date":"2018-10-24","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-residency","category":"legal","title":"Bill would let investor-residence holders prove financial standing through declarations by licensed professionals","description":"The Memorandum of Objects and Reasons of the Immigration (Transition) Bill 2018 says holders of and applicants for the independent-means certificates, the Certificate of Direct Investment and the business presence certificate would show compliance with financial standing requirements by declarations issued by licensed financial institutions and professionals, removing those assessments from WORC, and that the business presence criteria would be revised to protect Caymanians' career advancement in financial services. The Bill also requires holders of the 25-year and permanent independent-means certificates to file an annual declaration (cl. 37(12)). Date is the Bill's publication.","source_id":"cym-parl-imm-transition-bill-2018","location":"pp. 2-3, Memorandum of Objects and Reasons","quote":"to demonstrate compliance with prescribed financial standing requirements through submission of prescribed Declarations issued by financial institutions and financial professionals","countries":"","short_title":"Bill would let investor-residence holders prove financial standing through declarations by licensed professionals","plain_summary":"","year":"2018"},{"event_id":"e-3132cc4271","date":"2018-10-22","date_precision":"day","jurisdiction":"ARE","program_id":"","category":"context","title":"OECD lists \"UAE Residence by Investment\" as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"UAE Residence by Investment","countries":"","short_title":"UAE on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-8d7eabeb77","date":"2018-10-22","date_precision":"day","jurisdiction":"BHR","program_id":"","category":"context","title":"OECD lists \"Bahrain Residence by Investment\" as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Bahrain Residence by Investment","countries":"","short_title":"Bahrain on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-7d9a5ea733","date":"2018-10-22","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"context","title":"OECD lists Bahamas Economic Permanent Residency as potentially high-risk for tax-evasion reporting","description":"The OECD list of CBI/RBI schemes that potentially pose a high risk to the Common Reporting Standard includes the Bahamas Economic Permanent Residency.","source_id":"intl-oecd-cbi-rbi-2018","location":"table","quote":"Bahamas Economic Permanent Residency","countries":"","short_title":"Tax body lists Bahamas permanent residence as potentially high-risk","plain_summary":"On 22 October 2018 an international tax body's list of residence and citizenship schemes that could be misused to avoid tax reporting included the Bahamas Economic Permanent Residency.","year":"2018"},{"event_id":"e-72391aaee3","date":"2018-10-22","date_precision":"day","jurisdiction":"BRB","program_id":"brb-serp","category":"context","title":"OECD lists Barbados Special Entry and Residence Permit as potentially high-risk","description":"The OECD CRS high-risk list includes Barbados's Special Entry and Residence Permit.","source_id":"intl-oecd-cbi-rbi-2018","location":"table","quote":"Special Entry and Residence Permit","countries":"","short_title":"Tax body lists Barbados residence permit as potentially high-risk","plain_summary":"On 22 October 2018 an international tax body's list of schemes that could be misused to avoid tax reporting included Barbados's Special Entry and Residence Permit.","year":"2018"},{"event_id":"e-e84f27ce42","date":"2018-10-22","date_precision":"day","jurisdiction":"CYP","program_id":"cyp-golden-visa","category":"context","title":"OECD lists Cyprus \"Residence by Investment\" as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Residence by Investment","countries":"","short_title":"Cyprus (residence) on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-6ac6d35ff7","date":"2018-10-22","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"context","title":"OECD lists the Malta Residence and Visa Programme as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Malta Residence and Visa Programme","countries":"","short_title":"Malta (residence) on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-12c2cfaedd","date":"2018-10-22","date_precision":"day","jurisdiction":"MYS","program_id":"mys-mm2h","category":"context","title":"OECD lists Malaysia My Second Home as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Malaysia My Second Home Programme","countries":"","short_title":"Malaysia on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-5686ea1e82","date":"2018-10-22","date_precision":"day","jurisdiction":"PAN","program_id":"","category":"context","title":"OECD lists three Panama residence visas as potentially high-risk for CRS tax reporting","description":"The OECD's list (last updated 22 October 2018) of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence. Listed for Panama: Friendly Nations Visa, Economic Solvency Visa and Reforestation Investor Visa (the dataset's pan-friendly-nations, pan-solvencia-economica and pan-forestry-investor). On 20 November 2018 the three were moved to a separate table in which only Panamanian ID cards with reference codes PRP-PA, PRP-SEP and PRP-FOR count as potentially high-risk.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Friendly Nations Visa","countries":"","short_title":"Panama on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-faff770cc3","date":"2018-10-22","date_precision":"day","jurisdiction":"QAT","program_id":"qat-property-residence","category":"context","title":"OECD lists Qatar residence for real-estate owners as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Residence Visa for Real Estate Owner","countries":"","short_title":"Qatar on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-3e0f2f42c3","date":"2018-10-22","date_precision":"day","jurisdiction":"SYC","program_id":"","category":"context","title":"OECD lists the Seychelles \"Type 1 Investor Visa\" as potentially high-risk for CRS tax reporting","description":"The OECD's first list of CBI/RBI schemes that give access to a personal income tax rate below 10% on offshore financial assets without requiring at least 90 days' presence; financial institutions must take it into account in CRS due diligence.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table (Last updated: 22 October 2018)","quote":"Seychelles Type 1 Investor Visa","countries":"","short_title":"Seychelles on the OECD tax-reporting risk list","plain_summary":"The OECD flagged it as a scheme that could help people hide money from tax authorities, because buyers can get a low tax rate without living there. Banks must take this into account when checking customers.","year":"2018"},{"event_id":"e-8b55e3b4ed","date":"2018-10-22","date_precision":"day","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"context","title":"OECD lists three TCI investor PRC routes as potentially high-risk","description":"The OECD CRS high-risk list names TCI's PRC via undertaking and investment in a home, via a designated public sector project, and via investment in a home or business.","source_id":"intl-oecd-cbi-rbi-2018","location":"table","quote":"Permanent Residence Certificate via Undertaking and Investment in a Home","countries":"","short_title":"Tax body lists three Turks and Caicos routes as high-risk","plain_summary":"On 22 October 2018 an international tax body's list of schemes that could be misused to avoid tax reporting named three Turks and Caicos permanent residence routes, based on home, public project or business investment.","year":"2018"},{"event_id":"e-c6a93fbdf3","date":"2018-10-21","date_precision":"day","jurisdiction":"QAT","program_id":"qat-permanent-residence","category":"context","title":"Permanent Residence Law No. 10 of 2018 published","description":"Qatar creates a permanent residence card, capped at 100 people a year, with citizen-like access to state health and education.","source_id":"qat-glmm-law-10-2018","location":"Abstract","quote":"In accordance with Art. 4, only one hundred individuals may be granted permanent residence permits every year.","countries":"","short_title":"Qatar publishes its permanent residence law","plain_summary":"A law published on 21 October 2018 created a Qatari permanent residence card, limited to 100 people a year, with citizen-like access to state health care and education.","year":"2018"},{"event_id":"e-56c06ce299","date":"2018-10-21","date_precision":"day","jurisdiction":"QAT","program_id":"qat-permanent-residence","category":"launch","title":"Permanent Residence Law No. 10 of 2018 published","description":"Law No. 10 of 2018 on Permanent Residence, dated 4 Sept 2018, was published in the Official Gazette (issue 15) on 21 Oct 2018.","source_id":"qat-almeezan-law-10-2018","location":"law card (بطاقة التشريع) on the Al Meezan page","quote":"التاريخ: 04/09/2018 الموافق 13/12/1438 هجري عدد المواد: 13 الحالة: قيد التطبيق الجريدة الرسمية : العدد: 15 نسخة الجريدة الرسمية تاريخ النشر: 21/10/2018","countries":"","short_title":"Permanent Residence Law No. 10 of 2018 published","plain_summary":"","year":"2018"},{"event_id":"e-c2d4cb1641","date":"2018-10-17","date_precision":"month","jurisdiction":"INTL","program_id":"","category":"context","title":"European Parliament research service publishes study on CBI/RBI schemes in the EU","description":"EPRS study for the TAX3 committee estimating naturalisations, permits and investment in eight member states, and finding very little transparency.","source_id":"intl-eprs-cbi-rbi-2018","location":"p. 18","quote":"There is very little transparency over the number and origin of applicants, the number of citizenship or residency granted by CBI/RBI schemes","countries":"BGR;CYP;EST;IRL;ITA;LVA;MLT;PRT","short_title":"European Parliament study on golden passports and visas","plain_summary":"The Parliament's research service estimated how many people bought citizenship or residence in eight EU countries, and found very little transparency.","year":"2018"},{"event_id":"e-ba105c4d34","date":"2018-10-10","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"Transparency International and Global Witness report \"European Getaway\" on EU golden visas","description":"NGO report counting about 6,000 citizenships and nearly 100,000 residence permits sold by EU states in a decade, raising about EUR 25 billion, and criticising due diligence and secrecy.","source_id":"intl-ti-gw-european-getaway-2018","location":"Key findings, PDF p. 5 (printed p. 3)","quote":"None of the countries, with the exception of Austria and Malta, publish lists of new citizens or residents.","countries":"","short_title":"Anti-corruption groups count EU golden visas","plain_summary":"Transparency International and Global Witness estimated that EU countries sold about 6,000 citizenships and nearly 100,000 residence permits in a decade, for about €25 billion.","year":"2018"},{"event_id":"e-afd8921163","date":"2018-10","date_precision":"month","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"scandal","title":"POS card payments from China for golden-visa flats come to light","description":"In October 2018 it emerged that Chinese authorities had asked for help investigating breaches of capital controls: a Greek company had placed POS terminals of three Greek banks in China to take card payments for Greek flats bought for golden visas. A bank executive resigned and prosecutors investigated.","source_id":"grc-ti-greece-2021","location":"pp. 8-9","quote":"Η υπόθεση ήρθε στο φως τον Οκτώβριο του 2018","countries":"","short_title":"POS card payments from China for golden-visa flats come to light","plain_summary":"","year":"2018"},{"event_id":"e-d195078456","date":"2018-10","date_precision":"month","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"scandal","title":"Transparency International estimates the bond scheme cost the state about HUF 30 billion","description":"TI Hungary and KFIB estimate that the bonds were dearer than market borrowing from 2015 (net EUR 66.4 million, near HUF 30 billion against EIB loans) and that offshore intermediaries booked HUF 60 billion in profit.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 3","quote":"Magyarország azonban 30 milliárd forintot bukott","countries":"","short_title":"Report: Hungary's bond scheme cost the state about 30 billion forints","plain_summary":"Transparency International Hungary estimated the citizenship bond scheme was costlier than ordinary borrowing from 2015, losing the state about 30 billion forints while offshore intermediaries made around 60 billion forints in profit.","year":"2018"},{"event_id":"e-5a6a7bc189","date":"2018-10","date_precision":"month","jurisdiction":"INTL","program_id":"","category":"rule_change","title":"OECD lists CBI/RBI schemes posing high risk to the CRS","description":"After analysing over 100 schemes, the OECD listed those potentially high-risk for the Common Reporting Standard, including the CBI programmes of Antigua and Barbuda, Cyprus, Dominica, Grenada, Malta, St Kitts and Nevis and Saint Lucia, plus Vanuatu's Development Support Programme. Criteria: personal tax under 10% on offshore financial assets and no physical presence of at least 90 days. The EC dates the OECD conclusions 16 October 2018; the list page says last updated 22 October 2018.","source_id":"intl-oecd-cbi-rbi-2018","location":"List table and FAQ","quote":"The OECD has analysed over 100 CBI/RBI schemes, offered by CRS-committed jurisdictions, identifying the following schemes that potentially pose a high-risk to the integrity of CRS.","countries":"ATG;BHS;BHR;BRB;CYP;DMA;GRD;MYS;MLT;PAN;QAT;KNA;LCA;SYC;TCA;ARE;VUT","short_title":"Global tax body flags citizenship-sale programmes as high risk","plain_summary":"An international tax body listed citizenship-sale programmes in Antigua and Barbuda, Dominica, Grenada, Malta, St Kitts and Nevis, Saint Lucia and Vanuatu as posing a high risk to international tax-reporting rules.","year":"2018"},{"event_id":"e-5c776ac574","date":"2018-09-20","date_precision":"day","jurisdiction":"CAN","program_id":"can-pei-pnp-investor","category":"closure","title":"Prince Edward Island closes the 100% Ownership and Partial Ownership business streams","description":"The PEI Office of Immigration announced that after 20 September 2018 it would invite only entrepreneurs selected through the Work Permit stream, as the 100% Ownership and Partial Ownership streams (C$150,000 investment, C$600,000 net worth, C$200,000 escrow) would close. The page carrying the announcement is known from a 2021 capture; the date it was first posted is not shown.","source_id":"can-pei-pnp-work-permit-stream-2021","location":"notice at top of page","quote":"After September 20, 2018, the province will only invite entrepreneurs selected through the Work Permit stream as the 100% Ownership and Partial Ownership streams will close.","countries":"","short_title":"Prince Edward Island closes the 100% Ownership and Partial Ownership business streams","plain_summary":"","year":"2018"},{"event_id":"e-33821c1717","date":"2018-09-10","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec caps investor applications at 1,900, at most 1,235 from China","description":"AM 2018-009 set a cap of 1,900 investor applications, of which no more than 1,235 from the People's Republic of China including Hong Kong and Macao, receivable from 10 Sep 2018 to 15 Mar 2019 (later extended to 31 Aug 2019); applicants with advanced intermediate French were exempt and prioritised.","source_id":"can-goq-am-2018-009","location":"p. 2, Section 1, art. 1-2","quote":"Programme des investisseurs est fixé à 1 900, dont un maximum de 1 235 demandes de ressortissants étrangers de la République populaire de Chine","countries":"","short_title":"Quebec caps investor applications at 1,900, with 1,235 from China","plain_summary":"From 10 September 2018 to 15 March 2019, later 31 August 2019, Quebec accepted at most 1,900 investor applications, no more than 1,235 from China, Hong Kong and Macao. Advanced French speakers were exempt.","year":"2018"},{"event_id":"e-140f894432","date":"2018-09-04","date_precision":"day","jurisdiction":"QAT","program_id":"qat-permanent-residence","category":"legal_basis","title":"Permanent Residence Law No. 10 of 2018 adopted (reported)","description":"GLMM gives 4 September 2018 as the date of adoption; published in the Official Journal on 21 October 2018.","source_id":"qat-glmm-law-10-2018","location":"header \"Date of adoption\"","quote":"04 September 2018","countries":"","short_title":"Permanent Residence Law No. 10 of 2018 adopted (reported)","plain_summary":"","year":"2018"},{"event_id":"e-fd76c83514","date":"2018-08-23","date_precision":"day","jurisdiction":"AIA","program_id":"aia-rbi","category":"context","title":"Ministry of Finance presents the proposed Anguilla Residency by Investment (ARBI) design","description":"Public information session on a tentative design: Phase 1, a Retroactive Fast Track period for owners of property bought before launch (tentatively Q4 2018, open at least 6 months, 30-day turnaround), then Phase 2, the full programme (tentatively Q1 2019). Proposed routes: real estate of at least US$750,000 for a family of up to 4 (US$100,000 more per extra member; no resale within 5 years), Capital Development Fund US$150,000, and a tax residency route still being explored. Proposed fees (full programme): processing US$3,000 per family of up to 4 and US$500 per extra member, due diligence US$7,500 per adult and US$3,000 per child under 18, permit fee (real estate only) US$10,000 single, US$20,000 family of 4, US$5,000 per extra member. Retroactive period: processing US$2,000 and US$250, due diligence US$500 per adult and US$0 per child, permit US$5,000 single, US$10,000 family of 4, US$1,000 per extra member. The existing non-investment route: permanent residence after 10 consecutive years of at least 6 months a year, permit EC$1,000 renewable annually. Several of these amounts differ from those later enacted (e.g. due diligence for children US$2,500 and for retroactive adults US$1,000 in the 2020 Regulations). Applications only through authorised local agents. Naturalisation as a BOTC needs 9 months' residence a year for 5 consecutive years.","source_id":"aia-mof-arbi-presentation-2018","location":"PDF pp. 9-21 (slides 'Launch of Program' to 'Role of Authorized Local Agents')","quote":"Phase 1: 4th quarter 2018 (tentatively)","countries":"","short_title":"Ministry of Finance presents the proposed Anguilla Residency by Investment (ARBI) design","plain_summary":"","year":"2018"},{"event_id":"e-5f23bfc145","date":"2018-08-15","date_precision":"day","jurisdiction":"EGY","program_id":"egy-deposit-residence","category":"launch","title":"Law 173/2018 in force","description":"Law 173/2018 creates the 'deposit residence' category (EGP 7 million) and a route to naturalisation by the Interior Minister after five years; in force the day after publication in the Official Gazette (No. 32 bis (b), 14 Aug 2018).","source_id":"egy-law-173-2018","location":"Art. 2-4; final article; Gazette header","quote":"الأجانب ذوو الإقامة بوديعة هم الأجانب القادمون للاستثمار في مصر","countries":"","short_title":"Egypt's deposit-residence law takes effect","plain_summary":"Egypt's new law created a 'deposit residence' category for a 7 million Egyptian pound payment, with a path to citizenship after five years, taking effect the day after publication.","year":"2018"},{"event_id":"e-8f152fabf2","date":"2018-08-03","date_precision":"day","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"rule_change","title":"Failing to retain the investment becomes a ground to revoke a PRC","description":"Ordinance 14 of 2018, in force 3 August 2018, added to section 25 of the Immigration Ordinance a ground for revoking a Permanent Residence Certificate where the holder failed to retain the investment used in the application, as prescribed.","source_id":"tca-imm-ord-rev-2021","location":"PDF p. 1 (contents) and PDF p. 25, s. 25(j)","quote":"that P has failed to retain an investment used in an application for a Permanent Residence Certificate that has been issued, as prescribed; or (Inserted by Ord. 14 of 2018)","countries":"","short_title":"Failing to retain the investment becomes a ground to revoke a PRC","plain_summary":"","year":"2018"},{"event_id":"e-37e9ac0e12","date":"2018-08-02","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"price_change","title":"New Quebec immigration regulation raises investor placement to C$1.2 million","description":"The Règlement sur l'immigration au Québec (décret 963-2018) replaced the old selection regulation from 2 Aug 2018, with a C$1,200,000 five-year placement and C$2,000,000 net worth for investors (amounts from the draft text and the 2023 MIFI analysis).","source_id":"can-mifi-air-riq-2023","location":"p. 18, section 4.2.2","quote":"Réduction du montant du placement de 1,2 M$ à 1 M$","countries":"","short_title":"New Quebec regulation sets investor placement at C$1.2 million","plain_summary":"From 2 August 2018 a new Quebec immigration regulation required investors to make a five-year placement of C$1,200,000 and have a net worth of C$2,000,000. Amounts come from the draft text and a 2023 analysis.","year":"2018"},{"event_id":"e-545f2524d6","date":"2018-07-15","date_precision":"day","jurisdiction":"EGY","program_id":"egy-deposit-residence","category":"legal","title":"Parliament passes deposit-residence bill","description":"The House of Representatives approves amendments to the residence and nationality laws: residence for foreigners depositing EGP 7 million, with naturalisation possible after five years. Opposition MPs object that nationality is 'not for sale'.","source_id":"egy-egyptindependent-2018","location":"para. 1","quote":"approved a bill amending a law on the entry and residence of foreigners in Egypt, granting Egyptian nationality to foreign residents in return for a bank deposit of 7 million pounds","countries":"","short_title":"Egypt's parliament passes bill letting foreigners buy residence","plain_summary":"Egypt's parliament approved amendments letting foreigners who deposit 7 million Egyptian pounds get residence, with a path to citizenship after five years; opposition MPs said nationality was 'not for sale'.","year":"2018"},{"event_id":"e-93cff97395","date":"2018-07-06","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Naturalisation after five years of legal residence (was six)","description":"Organic Law 2/2018 cuts the legal-residence requirement for naturalisation from six to five years, which ARI holders can meet with the 7/14-day minimum stay (residence is counted by permit, not physical presence).","source_id":"prt-lo-2-2018","location":"PDF p. 1","quote":"b) Residirem legalmente no território português há pelo menos cinco anos;","countries":"","short_title":"Portugal cuts residency requirement for citizenship from six to five years","plain_summary":"A new law lowered the legal-residence period needed for naturalisation from six to five years, which golden visa holders can meet with only a short minimum stay each year.","year":"2018"},{"event_id":"e-44a4e2ab9b","date":"2018-07","date_precision":"month","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"closure","title":"Hungary residency bond programme terminated in July 2018 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 marks Hungary's programme as 'Terminated in July 2018' (endnote 187 cites a Direkt36 article of 21 August 2018). Other sources date the end of new bond sales to 2017; kept as TI's account.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Hungary 2013, amended in 2014 Terminated in July 2018","countries":"","short_title":"Hungary residency bond programme terminated in July 2018 (TI annex)","plain_summary":"","year":"2018"},{"event_id":"e-d2b22b73de","date":"2018-06-15","date_precision":"day","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"rule_change","title":"TCI investor PRC holders must keep the investment five years and report yearly","description":"L.N. 34/2018 bars sale of the qualifying home or business for five years unless reinvested within 12 months, requires notice of disposal and an annual report, with a US$1,500 fine for failing to report; it does not apply to PRCs issued before 15 June 2018.","source_id":"tca-imm-ord-rev-2021","location":"PDF p. 84, reg 17","quote":"Regulations 14 to 16 do not apply to an investment in a home, business or enterprise which was subject of an application of a Permanent Residence Certificate issued prior to 15 June 2018.","countries":"","short_title":"Turks and Caicos investors must keep their investment five years","plain_summary":"From 15 June 2018 investor permanent residence holders cannot sell the qualifying home or business for five years unless reinvesting within 12 months. Yearly reports are required, with a US$1,500 fine. Earlier certificates are exempt.","year":"2018"},{"event_id":"e-3674631a9e","date":"2018-06-14","date_precision":"day","jurisdiction":"AND","program_id":"and-passive-residence","category":"rule_change","title":"Andorra adds life-insurance products to the assets that count for passive residence","description":"Llei 10/2018 rewrites art. 96.1-2 of the immigration law: the EUR 400,000 investment may now include life-insurance products with Andorran entities (new letter e); deposits of EUR 50,000 and EUR 10,000 per dependant restated. In force the day after publication on 13 June 2018.","source_id":"and-bopa-llei-10-2018","location":"PDF p. 6, art. 10 (art. 96.1.e); p. 9, Disposició final segona","quote":"e) Productes d’assegurança de vida contractats amb entitats residents en el Principat d’Andorra.","countries":"","short_title":"Andorra adds life-insurance products to the assets that count for passive residence","plain_summary":"","year":"2018"},{"event_id":"e-890c6ffc2f","date":"2018-06","date_precision":"month","jurisdiction":"MUS","program_id":"","category":"context","title":"Budget proposes citizenship for USD 1 million and passports for USD 500,000","description":"The 2018-19 budget speech proposes two EDB schemes: citizenship for a non-refundable USD 1 million contribution to a Mauritius Sovereign Fund (USD 100,000 per family member) and a Mauritian passport for USD 500,000 (USD 50,000 per family member). No implementing law was found in the Finance Acts 2018 to 2026; the proposal appears not to have been carried out, but no official withdrawal was found either.","source_id":"mus-mof-budget-speech-2018","location":"paras 107-108, pp. 25-26","quote":"The first scheme will offer foreigners the opportunity to obtain Mauritian citizenship provided they make a non-refundable contribution of USD 1 million to a Mauritius Sovereign Fund","countries":"","short_title":"Mauritius budget proposes citizenship for US$1 million and passports for US$500,000","plain_summary":"The 2018-19 budget proposed citizenship for a US$1 million non-refundable contribution and a passport for US$500,000. No law carrying this out was found in later finance laws, and no official withdrawal was found either.","year":"2018"},{"event_id":"e-712d56ef49","date":"2018-05-23","date_precision":"day","jurisdiction":"CPV","program_id":"cpv-green-card","category":"launch","title":"Cape Verde creates the 'Green Card' permanent residence for property buyers","description":"Law 30/IX/2018 grants permanent residence to foreigners buying residential property of at least EUR 80,000 or EUR 120,000 (depending on the municipality), renewable every 5 years and for 10 years from the second renewal. Published 23 April 2018; in force 30 days after publication (art. 13), i.e. 23 May 2018.","source_id":"cpv-bo-lei-30-ix-2018","location":"PDF p. 3 (BO p. 539), art. 1-2; art. 13 (in force); BO I Série n.º 23 of 23 Apr 2018","quote":"É criado o Green Card- Autorização de Residência Permanente no País","countries":"","short_title":"Cape Verde launches a \"Green Card\" for property buyers","plain_summary":"A 2018 law gives permanent residence to foreigners who buy a home worth at least €80,000 in poorer areas, or €120,000 elsewhere.","year":"2018"},{"event_id":"e-136a934bf5","date":"2018-05-20","date_precision":"day","jurisdiction":"ARE","program_id":"are-golden-visa","category":"rule_change","title":"Cabinet approves long-term visas of up to 10 years for investors and talents","description":"The UAE Cabinet adopts a new visa system giving investors and professional talents residence of up to 10 years; Ministry of Economy asked to implement it.","source_id":"are-wam-cabinet-long-term-visa-2018","location":"para 1","quote":"has adopted a new system of entry visas for investors and professional talents providing them with a long-term visa for up to 10 years","countries":"","short_title":"United Arab Emirates approves 10-year visas for investors and professionals","plain_summary":"The UAE's cabinet approved a new system giving investors and skilled professionals long-term residence visas of up to 10 years.","year":"2018"},{"event_id":"e-754198433b","date":"2018-05","date_precision":"month","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"context","title":"Greek minister announces bank-deposit and securities options for the golden visa","description":"In May 2018 the Greek Minister of Economy and Development announced legislation adding, besides property (minimum EUR 250,000), the option of a bank deposit or investment in Greek bonds or shares of at least EUR 400,000 (as reported by the EPRS citing Investment Migration Insider).","source_id":"intl-eprs-cbi-rbi-2018","location":"p. 16","quote":"In May 2018, the Greek Minister of Economy and Development announced the preparation of a new piece of legislation that would include, in addition to the option of investment in property, the option of a bank deposit or an investment in Greek bonds or shares of at least €400 000.","countries":"","short_title":"Greek minister announces bank-deposit and securities options for the golden visa","plain_summary":"","year":"2018"},{"event_id":"e-689d688c72","date":"2018-04-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec suspends investor applications (April-August 2018)","description":"Ministerial order AM 2018-001 suspended receipt of investor CSQ applications from 1 April to 15 August 2018, citing an inventory of 2,409 pending investor applications on 1 Jan 2018 and the coming new regulation.","source_id":"can-goq-am-2018-001","location":"p. 2 (Gazette p. 2022)","quote":"laquelle sera en vigueur du 1er avril 2018 au 15 août 2018","countries":"","short_title":"Quebec suspends investor applications from April to August 2018","plain_summary":"A ministerial order suspended receipt of investor applications from 1 April to 15 August 2018. It cited 2,409 pending applications on 1 January 2018 and a coming new regulation.","year":"2018"},{"event_id":"e-3e951fe1f0","date":"2018-03-26","date_precision":"day","jurisdiction":"CPV","program_id":"cpv-green-card","category":"legal","title":"National Assembly approves the Green Card law","description":"Law 30/IX/2018 approved by the National Assembly on 26 March 2018, promulgated on 17 April 2018 and published on 23 April 2018; in force 30 days after publication.","source_id":"cpv-bo-lei-30-ix-2018","location":"PDF p. 5 (BO p. 541), signature block and art. 13","quote":"Aprovada em 26 de março de 2018.","countries":"","short_title":"National Assembly approves the Green Card law","plain_summary":"","year":"2018"},{"event_id":"e-0f922d9ec0","date":"2018-03-23","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 115-141)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 7 (84 FR 35756), II.B","quote":"See, e.g., Public Law 115–141, Div. M, Tit. II, sec. 204 (Mar. 23, 2018).","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 115-141)","plain_summary":"","year":"2018"},{"event_id":"e-4178d58d0e","date":"2018-03","date_precision":"month","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"Home Secretary commits to review pre-2015 investor visas after Salisbury","description":"After the Salisbury poisoning, Amber Rudd committed to review individuals who entered under the route before the 2015 reforms (written answer 135529 dates her statement to the Home Affairs Committee to 28 March 2018).","source_id":"gbr-ho-hcws492-2023","location":"statement text, para 1","quote":"In March 2018, following the Salisbury poisonings, the then Home Secretary Amber Rudd committed to a review","countries":"","short_title":"UK Home Secretary promises review of old investor visas","plain_summary":"After the Salisbury poisoning, Home Secretary Amber Rudd committed in March 2018 to review people who got investor visas before the UK's 2015 reforms.","year":"2018"},{"event_id":"e-a5981be2bf","date":"2018-02-09","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 115-123)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 115–123","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 115-123)","plain_summary":"","year":"2018"},{"event_id":"e-4dbc3a77a8","date":"2018-02-06","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan revises the Hong Kong and Macao residence regulations in full (39 articles), in force on promulgation","description":"Full revision; the history does not show what changed for the investment ground.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 17","quote":"17. 中華民國一百零七年二月六日內政部台內移字第 10709414832 號令 修正發布全文 39 條；並自發布日施行","countries":"","short_title":"Taiwan revises the Hong Kong and Macao residence regulations in full (39 articles), in force on promulgation","plain_summary":"","year":"2018"},{"event_id":"e-d0db157e29","date":"2018-01-22","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 115-120)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 115–120","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 115-120)","plain_summary":"","year":"2018"},{"event_id":"e-70f5509225","date":"2018-01-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"price_change","title":"Older-rule investors must pay EUR 5,000 on first renewal","description":"Amendments of 22.11.2017 (in force 1 Jan 2018) end the exemption from the EUR 5,000 renewal payment for investors whose permits were granted under earlier versions of points 28-30: on their first renewal they pay EUR 5,000 at once or in EUR 1,000 yearly instalments (transitional points 26, 27, 31, 33; point 45).","source_id":"lva-likumi-immigration-law-2022-09","location":"Transitional provisions, point 45","quote":"Šā likuma grozījumi par pārejas noteikumu 26. punkta pēdējā teikuma, 27. punkta pēdējā teikuma, 31. punkta pēdējā teikuma un 33. punkta pēdējā teikuma izteikšanu jaunā redakcijā stājas spēkā 2018. gada 1. janvārī","countries":"","short_title":"Older-rule investors must pay EUR 5,000 on first renewal","plain_summary":"","year":"2018"},{"event_id":"e-77e27fe403","date":"2018-01","date_precision":"month","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"scandal","title":"Inquiry-committee slides point to criminal case over the 2011 investor-permit amendments","description":"Slides filed with a Saeima inquiry committee (PDF created 18 Jan 2018) say that criminal case No. 16870000911 contains a wiretapped conversation, about a week before the 2 Mar 2011 committee vote, in which a witness said the amendments were meant to attract 500 to 1,000 small investors, bringing perhaps LVL 50 to 100 million more for a development project; the slides ask law enforcement to check whether the 2011 amendments were obtained through corruption. They also say the growth in permits in 2011-2014 outpaced the Security Police's capacity to check candidates and propose an annual cap on investor permits. The 500-1,000 investors and LVL 50-100 million are a witness's plan, not programme figures, and are kept here rather than as observations.","source_id":"lva-saeima-izmkom-jansons-2018","location":"PDF pp. 4-6, 10, 18 (slides 4-6, 10, 18)","quote":"Ar grozījumu Imigrācijas likumā palīdzību plānots piesaistīt no 500 līdz 1000 mazos investorus. Tas, apmēram, varētu dot vēl no 50 līdz 100 miljoniem latu.","countries":"","short_title":"Inquiry-committee slides point to criminal case over the 2011 investor-permit amendments","plain_summary":"","year":"2018"},{"event_id":"e-784734a508","date":"2018","date_precision":"year","jurisdiction":"BRA","program_id":"bra-investor-residence","category":"rule_change","title":"Brazil adds residence for real-estate investors (RN 36/2018)","description":"CNIg Resolução Normativa 36 of 2018 created residence authorisation for buyers of urban residential property worth at least R$1,000,000 (30% less in the North and Northeast); replaced by RN 46 keeping the main rules.","source_id":"bra-obmigra-relatorio-anual-2025","location":"printed p. 43 (PDF p. 22)","quote":"A Resolução Normativa 36 de 2018, estabeleceu os parâmetros para a concessão de autorizações de residência por investimento imobiliário no País, com valor mínimo de R$ 1.000.000,00 para imóveis residenciais (construídos ou em construção) sendo 30% menor nas regiões Norte e Nordeste do País.","countries":"","short_title":"Brazil adds residence for buyers of residential property","plain_summary":"In 2018 Brazil created residence authorisation for buyers of urban residential property worth at least R$1,000,000, or 30% less in the North and Northeast. A 2021 rule replaced it but kept the main points.","year":"2018"},{"event_id":"e-3e85d82ca1","date":"2018","date_precision":"year","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"Home Office decides to review successful Tier 1 (Investor) applications","description":"Ten years after the scheme began, the Home Office decided to review successful applications.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 44 (printed p. 42), United Kingdom","quote":"Only in 2018, 10 years after the scheme began and three years since the flaws came to light, did the Home Office decide to review successful applications.","countries":"","short_title":"Home Office decides to review successful Tier 1 (Investor) applications","plain_summary":"","year":"2018"},{"event_id":"e-3d506d7251","date":"2018","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"External review of the IIP announced","description":"The department announced an external review in 2018 (terms of reference published 5 November 2018), after the limited 2017 internal review; Phase 1 was to cover policy and economic value, Phase 2 governance and risk.","source_id":"irl-isd-iip-external-review","location":"ISD page, Introduction","quote":"In 2018 an external review of the IIP was announced to make sure that it is operating as it is intended to.","countries":"","short_title":"Ireland announces external review of its investor programme","plain_summary":"Ireland's government announced in 2018 an external review of its investor programme, covering policy and economic value in one phase and governance and risk in another.","year":"2018"},{"event_id":"e-41fd5a4d68","date":"2018","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"Enhanced due diligence checks on all IIP applicants","description":"The department introduced enhanced due diligence checks in 2018 on all IIP applicants, using compliance databases including politically exposed person checks; further controls (third-party due diligence report, apostilled documents) followed from 1 January 2019.","source_id":"irl-oir-wa-2019-11-06","location":"Written answer 6 Nov 2019, Q96 [45719/19]","quote":"my Department introduced enhanced due diligence checks in 2018 on all applicants to the Immigrant Investor Programme","countries":"","short_title":"Enhanced due diligence checks on all IIP applicants","plain_summary":"","year":"2018"},{"event_id":"e-4bbb268f2e","date":"2018","date_precision":"year","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"context","title":"ARI online portal adds payment, document upload and booking","description":"SEF's 2018 report says the ARI portal was updated with payment by DUC, document upload and appointment booking, with appointments now made nationally.","source_id":"prt-sef-rifa-2018","location":"PDF p. 24","quote":"procedeu-se à atualização do portal ARI, com as valências pagamento por DUC, upload da documentação e agendamentos","countries":"","short_title":"ARI online portal adds payment, document upload and booking","plain_summary":"","year":"2018"},{"event_id":"e-35a31367fe","date":"2018","date_precision":"year","jurisdiction":"QAT","program_id":"qat-property-residence","category":"legal_basis","title":"Law No. 16 of 2018 on non-Qatari ownership and use of real estate","description":"Law No. 16 of 2018 lets non-Qataris own and use real estate on conditions, benefits and procedures set by a Council of Ministers decision; Cabinet Decision No. 28 of 2020, which links residence to property purchases, was issued under it.","source_id":"qat-tourism-nonqatari-ownership-manual","location":"PDF p. 3, Introduction","quote":"this decision came within the executive procedures of Law No. 16 of 2018 regarding the regulation of non-Qatari ownership and use of real estate","countries":"","short_title":"Law No. 16 of 2018 on non-Qatari ownership and use of real estate","plain_summary":"","year":"2018"},{"event_id":"e-3403480edb","date":"2017-12-22","date_precision":"day","jurisdiction":"BRA","program_id":"bra-investor-residence","category":"rule_change","title":"RN 13/2017 replaces RN 118 for business investors under the new Migration Law","description":"CNIg Resolução Normativa 13 of 12 Dec 2017, published and in force on 22 Dec 2017, sets residence for individuals investing own foreign funds in a Brazilian company: at least R$500,000 with an investment or business plan (three-year execution), or at least R$150,000 for innovation or research ventures meeting set conditions; it revokes RN 118 of 21 Oct 2015.","source_id":"bra-dou-rn-13-2017","location":"arts. 2, 3, 7 and 8; DOU header","quote":"Art. 8º Revoga-se a Resolução Normativa nº 118, de 21 de outubro de 2015.","countries":"","short_title":"RN 13/2017 replaces RN 118 for business investors under the new Migration Law","plain_summary":"","year":"2017"},{"event_id":"e-d48328a500","date":"2017-12-22","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 115-96)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 115–96","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 115-96)","plain_summary":"","year":"2017"},{"event_id":"e-c8b747438c","date":"2017-12-14","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"applications_open","title":"Investor Visa for Italy portal opens for applications","description":"After the Committee's first meeting and approval of the manual on 16 Nov 2017, the online platform investorvisa.mise.gov.it launches on 14 Dec 2017, marking the operational start of the programme.","source_id":"ita-mise-relazione-startup-2020","location":"p. 77, section 6.7","quote":"l'avvio della piattaforma web dedicata investorvisa.mise.gov.it, avvenuto il 14 dicembre 2017","countries":"","short_title":"Italy's investor visa website opens for applications","plain_summary":"Italy's online platform for the investor visa programme launched on 14 December 2017, marking the official start of applications after the oversight committee approved its manual.","year":"2017"},{"event_id":"e-29715a3f0a","date":"2017-12-05","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"Internal (IGEES) review completed but not published","description":"A limited internal review completed in Q3 2017 was withheld; the minister said its findings for the period to December 2016 'may be of little value' and promised a fuller review. (The document, dated August 2017, was later posted online.)","source_id":"irl-oir-wa-2017-12-05","location":"Written answer 5 Dec 2017, Q80","quote":"Consequently it was decided not to publish the review as the outcomes may be of little value.","countries":"","short_title":"Ireland's internal review of its investor programme not published","plain_summary":"A limited internal review of Ireland's investor programme, finished in 2017, was withheld because the minister said its findings might be of little value; a fuller review was promised.","year":"2017"},{"event_id":"e-ad3614ec4f","date":"2017-11-27","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Attorney pleads guilty in $50 million EB-5 fraud (California Investment Immigration Fund)","description":"Victoria Chan admitted a scheme that collected more than $50 million from mainly Chinese investors through California Investment Immigration Fund, LLC, with about 130 fraudulent EB-5 applications; much of the money was stolen or refunded rather than invested.","source_id":"usa-doj-cdca-chan-2017","location":"press release, 4th paragraph","quote":"Chan admitted submitting about 130 fraudulent EB-5 visa applications to federal immigration authorities","countries":"","short_title":"Lawyer admits US$50 million fraud in United States investor visa programme","plain_summary":"Victoria Chan pleaded guilty to a scheme that took more than US$50 million, mostly from Chinese investors, through about 130 fraudulent applications to the US investor visa programme; much of the money was never invested.","year":"2017"},{"event_id":"e-317374a761","date":"2017-11-16","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"rule_change","title":"Investor Visa Committee approves the operating manual","description":"At its founding meeting on 16 November 2017 the Investor Visa Committee approved the operating manual required by the decree of 21 July 2017; from then the programme is called 'Investor Visa for Italy'. The manual was updated by the Committee on 19 July 2021.","source_id":"ita-mimit-iv4i-manuale-2021","location":"p. 4","quote":"approvato in sede di riunione istitutiva dal Comitato per l’attuazione del visto investitori, come previsto dallo stesso DI, il 16 novembre 2017","countries":"","short_title":"Investor Visa Committee approves the operating manual","plain_summary":"","year":"2017"},{"event_id":"e-49abf84e0c","date":"2017-11-14","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"context","title":"Investor Visa Committee members appointed","description":"A decree of the MISE Directorate-General for industrial policy (DGPIIPMI) of 14 November 2017 named the members of the Investor Visa Committee.","source_id":"ita-mise-relazione-startup-2020","location":"p. 76, footnote 60","quote":"Il Decreto del DGPIIPMI del MISE del 14 novembre 2017 individua i membri del Comitato.","countries":"","short_title":"Investor Visa Committee members appointed","plain_summary":"","year":"2017"},{"event_id":"e-7bf2e9ff26","date":"2017-11","date_precision":"month","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Fund route lowered to EUR 350k; company-capital route added","description":"Law 102/2017 (published 28 Aug 2017, in force 90 days later) lowers the fund route to EUR 350,000 and opens it to Portuguese funds with at least 60% invested in Portuguese companies; adds subalínea viii (EUR 350,000 company capital with five jobs).","source_id":"prt-law-102-2017","location":"PDF p. 2","quote":"superior a € 350 000, destinados à constituição de uma sociedade comercial","countries":"","short_title":"Portugal lowers golden visa fund threshold, adds a company option","plain_summary":"A new law cut the minimum investment in funds for Portugal's golden visa to €350,000 and added a route to invest the same amount in starting a company with five jobs.","year":"2017"},{"event_id":"e-96ce57ba3b","date":"2017-09","date_precision":"month","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"closure","title":"Last settlement bonds issued (September 2017)","description":"ÁKK's 2017 report says settlement bonds were sold until September 2017 and none have been issued since; it also says the bond programme ended in 2017 (p. 45). The last application deadline was 31 March 2017.","source_id":"hun-akk-annual-report-2017","location":"PDF p. 27, section IV","quote":"Az ÁKK 2017 szeptembere óta nem bocsát ki letelepedési kötvényt","countries":"","short_title":"Last settlement bonds issued (September 2017)","plain_summary":"","year":"2017"},{"event_id":"e-71298220c4","date":"2017-08-17","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"context","title":"Investor visa implementing decree registered by the Corte dei conti","description":"The inter-ministerial decree of 21 July 2017 (Economic Development, Interior, Foreign Affairs) on the investor visa procedure was registered by the Court of Auditors on 17 August 2017 (reg. prev. n. 778). It sets up the 7-member Committee (MISE chair; Interior; Foreign Affairs; Financial Intelligence Unit; Guardia di Finanza currency police; Revenue Agency; ICE), with Culture or Education ministry members added for donations, and requires the Committee to adopt an operating manual at its first meeting, to be called within one month.","source_id":"ita-mimit-iv4i-dm-2017-07-21","location":"p. 6 (registration stamp); art. 3, art. 8","quote":"REGISTRATO ALLA CORTE DEI CONTI- UFFICIO CONTROLLO ATTI MISE E MIPAAF IN DATA 17 AGOSTO 2017, REG.NE PREV. N. 778.","countries":"","short_title":"Investor visa implementing decree registered by the Corte dei conti","plain_summary":"","year":"2017"},{"event_id":"e-98e1e39fd0","date":"2017-08-07","date_precision":"day","jurisdiction":"SMR","program_id":"smr-residenza-elettiva","category":"launch","title":"San Marino creates elective residence for EUR 500,000 property or EUR 600,000 state-securities deposit","description":"Art. 19 of Law 94 of 7 August 2017 inserts art. 16-bis into Law 118/2010: elective residence for a home purchase of at least EUR 500,000 or a 10-year deposit of at least EUR 600,000 in state securities; 50 grants for 2017. The law enters into force on the fifth day after legal publication (date not printed), so the date is the law's date.","source_id":"smr-cgg-legge-94-2017","location":"Art. 19; final article (Entrata in vigore)","quote":"La presente legge entra in vigore il quinto giorno successivo a quello della sua legale","countries":"","short_title":"San Marino creates elective residence for EUR 500,000 property or EUR 600,000 state-securities deposit","plain_summary":"","year":"2017"},{"event_id":"e-56ae78b45a","date":"2017-07-24","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"Invest Hotel Scheme buyers gain resident status","description":"The Finance (Miscellaneous Provisions) Act 2017 added the Invest Hotel Scheme to s. 5(1)(g) of the Immigration Act, so buyers of IHS units (subject to the purchase-price threshold in that paragraph) obtain resident status. The same Act added two investor occupation-permit categories (USD 100,000 with high-technology equipment; USD 40,000 for innovative start-ups) and set the retiree transfer at USD 2,500 a month.","source_id":"mus-fa-2017","location":"s. 25(a), PDF p. 53","quote":"in section 5(1)(g), by inserting, after the words ... immovable property under the ... the words ... Invest Hotel Scheme","countries":"","short_title":"Invest Hotel Scheme buyers gain resident status","plain_summary":"","year":"2017"},{"event_id":"e-cd65502d80","date":"2017-07-21","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"rule_change","title":"Implementing decree sets up the investor visa procedure and Committee","description":"Inter-ministerial decree (Economic Development, Interior, Foreign Affairs) of 21 Jul 2017 defines eligible investments and creates the Investor Visa Committee that issues the nulla osta.","source_id":"ita-mimit-iv4i-manuale-2021","location":"p. 4","quote":"Questo è stato emanato dal Ministro dello Sviluppo Economico","countries":"","short_title":"Italy creates a committee to run its investor visa programme","plain_summary":"A joint decree from three Italian ministries defined which investments qualify and created the Investor Visa Committee, which approves applications for Italy's investor visa.","year":"2017"},{"event_id":"e-17dec3ce1e","date":"2017-07-12","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2022/T3 opens","description":"ÁKK opened series 2022/T3 (EUR, zero coupon, 2,00% yield, maturing 2022-09-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2022/T3 EUR 2017.07.12 2022.09.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2022/T3 opens","plain_summary":"","year":"2017"},{"event_id":"e-e86594908b","date":"2017-07-04","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"rule_change","title":"MRVP moved to the Malta Residence and Visa Agency; parents cost EUR 5,000 extra","description":"L.N. 189 of 2017 replaces Identity Malta by the Malta Residence and Visa Agency, adds EUR 5,000 per parent or grandparent, and allows adding family members later against EUR 5,000 fees.","source_id":"mlt-ln-2017-189","location":"reg. 2(c) (PDF p. 1)","quote":"five thousand euro (€5,000) per parent or grandparent of the main applicant or of the spouse","countries":"","short_title":"Malta moves residence programme to a new agency, adds parent fees","plain_summary":"From 4 July 2017 a new agency replaced Identity Malta. Rules added €5,000 per parent or grandparent and let family members be added later for €5,000 fees.","year":"2017"},{"event_id":"e-74c66b4e1d","date":"2017-07-04","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"rule_change","title":"MRVP no longer ends after four years of continuous stay or long-term residence","description":"L.N. 189 of 2017 deleted the cessation grounds in reg. 9(1)(b) (becoming a long-term resident) and 9(1)(f) (staying legally and continuously in Malta for four years or more) and extended certificates to dependants born or adopted later and to spouses of approved children.","source_id":"mlt-ln-2017-189","location":"reg. 9(a) (PDF p. 12, printed B 1496)","quote":"paragraphs (b) and (f) of sub-regulation (1) thereof shall be deleted","countries":"","short_title":"MRVP no longer ends after four years of continuous stay or long-term residence","plain_summary":"","year":"2017"},{"event_id":"e-7fdd07f673","date":"2017-06-19","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"rule_change","title":"Anti-money-laundering decree repeals the investor visa FIU pre-check clause","description":"D.Lgs. 25 May 2017, n. 90 (anti-money-laundering reform, G.U. 19 Jun 2017) repealed comma 4 of art. 26-bis (preliminary checks with the Financial Intelligence Unit to be completed within 15 days). Date is the Gazzetta publication date given in the amendment history; the in-force date is not stated there.","source_id":"ita-normattiva-tui-art26bis-history","location":"amendment list, item 2","quote":"ha disposto (con l'art. 8, comma 14) l'abrogazione del comma 4 dell'art. 26-bis.","countries":"","short_title":"Anti-money-laundering decree repeals the investor visa FIU pre-check clause","plain_summary":"","year":"2017"},{"event_id":"e-45f0a5efc5","date":"2017-05-26","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"price_change","title":"Cayman raises independent-means thresholds (CI$2m permanent; CI$1m 25-year)","description":"Regulations made on 17 May 2017 and gazetted on 26 May raised the permanent residence threshold from CI$1.6m to CI$2m in developed real estate, and the 25-year residency certificate from CI$500,000 to CI$1m (half in real estate), and made the CI$1,000 dependant fee annual.","source_id":"cym-imm-amend4-regs-2017","location":"p. 4, reg 3","quote":"that the applicant has invested two million dollars in developed real estate in the Cayman Islands","countries":"","short_title":"Cayman Islands raises investment thresholds for independent-means residence","plain_summary":"Rules gazetted on 26 May 2017 raised the permanent residence threshold from CI$1.6 million to CI$2 million in developed real estate, and the 25-year certificate from CI$500,000 to CI$1 million. The dependant fee became annual.","year":"2017"},{"event_id":"e-f275a64797","date":"2017-05-26","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-residency","category":"rule_change","title":"25-year independent-means certificate: income or a CI$400,000 deposit","description":"Besides doubling the investment (event e-45f0a5efc5), the 2017 regulations let applicants show either a continuous annual income (CI$120,000 Grand Cayman, CI$75,000 Sister Islands) or a deposit of at least CI$400,000 in assets with a CIMA-regulated local institution; before, the income was required in addition to the investment.","source_id":"cym-imm-amend4-regs-2017","location":"p. 3, reg 2","quote":"maintains a minimum deposit in the account of at least four hundred thousand dollars in assets","countries":"","short_title":"25-year independent-means certificate: income or a CI$400,000 deposit","plain_summary":"","year":"2017"},{"event_id":"e-f9f8dedd84","date":"2017-05-26","date_precision":"day","jurisdiction":"CYM","program_id":"cym-sbp","category":"rule_change","title":"Business presence certificate extended to Cayman Brac back-office firms","description":"The 2017 regulations added to the approved categories any business operating from Cayman Brac providing HR, accounting, administrative, IT or other back-office support, kept exempted companies, and set the senior management test at an occupation with an annual work permit fee of CI$20,925 or more (CI$5,000 for the Cayman Brac back-office category).","source_id":"cym-imm-amend4-regs-2017","location":"p. 4, reg 4","quote":"any business operating from within Cayman Brac providing Human Resource, Accounting, Administrative, IT, or other back- office support","countries":"","short_title":"Business presence certificate extended to Cayman Brac back-office firms","plain_summary":"","year":"2017"},{"event_id":"e-1af3eab669","date":"2017-05-22","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-investor-2","category":"price_change","title":"Investor 2 minimum doubled to NZ$3 million; cap raised to 400","description":"Investor 2 minimum investment rises from NZ$1.5 million to NZ$3.0 million, the NZ$1 million settlement-funds rule ends, and the annual cap rises from 300 to 400 approvals (BJ2.10, nzl-inz-ops-bj2-10-2017).","source_id":"nzl-inz-ops-bj2-5-2017","location":"BJ2.5","quote":"invest a minimum of NZ$3.0 million in New Zealand. Effective 22/05/2017","countries":"","short_title":"New Zealand doubles Investor 2 minimum to NZ$3 million","plain_summary":"From 22 May 2017 the minimum for New Zealand's Investor 2 category rose from NZ$1.5 million to NZ$3.0 million. The NZ$1 million settlement-funds rule ended and the yearly cap rose from 300 to 400 approvals.","year":"2017"},{"event_id":"e-81175b4803","date":"2017-05-05","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 115-31)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 115–31","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 115-31)","plain_summary":"","year":"2017"},{"event_id":"e-e3b65b5bd3","date":"2017-04-12","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2022/T2 opens","description":"ÁKK opened series 2022/T2 (EUR, zero coupon, 2,00% yield, maturing 2022-06-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2022/T2 EUR 2017.04.12 2022.06.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2022/T2 opens","plain_summary":"","year":"2017"},{"event_id":"e-88e6f325dd","date":"2017-04","date_precision":"month","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"closure","title":"Hungary suspends its residency bond programme indefinitely from April 2017 (Irish evaluation account)","description":"The Irish IIP interim evaluation says the Hungarian government announced the residency bond programme would be indefinitely suspended effective from April 2017.","source_id":"irl-doj-iip-interim-eval","location":"PDF p. 18 (printed p. 11), section 2.3.1","quote":"The Hungarian government announced that the residency bond program would be indefinitely suspended effective from April 2017.","countries":"","short_title":"Hungary suspends its residency bond programme indefinitely from April 2017 (Irish evaluation account)","plain_summary":"","year":"2017"},{"event_id":"e-2e85b80032","date":"2017-03-31","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"closure","title":"Residency bond programme ends","description":"ÁKK states the Settlement Hungarian Government Bond programme closed on 31 March 2017. The last series (2022/T3) was opened on 12 July 2017 (TI/KFIB) and ÁKK says it issued no settlement bonds after September 2017, presumably for applications already filed.","source_id":"hun-akk-lmak-web-2019","location":"first paragraph","quote":"A Letelepedési Magyar Államkötvény program 2017. március 31-vel lezárult.","countries":"","short_title":"Hungary ends its residency bond programme","plain_summary":"Hungary's government debt agency said its residency bond programme closed on 31 March 2017; the last bond series opened in July 2017, with no new bonds issued after September 2017 for already-filed applications.","year":"2017"},{"event_id":"e-f84159cc70","date":"2017-03-24","date_precision":"day","jurisdiction":"CAN","program_id":"can-qc-investor","category":"rule_change","title":"Quebec decision on receipt of investor and other economic applications (AM 2017-004)","description":"Ministerial order AM 2017-004 of 24 March 2017 (Gazette officielle 30 March 2017) set a decision on the receipt and processing of selection certificate applications in the skilled worker, investor, self-employed and entrepreneur subcategories; it ended on 31 March 2018 (the 2017 caps are not given in this document).","source_id":"can-goq-am-2018-001","location":"p. 1 (Gazette p. 2021), preamble","quote":"Vu que le 24 mars 2017, par l’arrêté ministériel n° 2017-004 publié à la Gazette officielle du Québec n° 13B du 30 mars 2017","countries":"","short_title":"Quebec decision on receipt of investor and other economic applications (AM 2017-004)","plain_summary":"","year":"2017"},{"event_id":"e-424d2c534a","date":"2017-03-20","date_precision":"day","jurisdiction":"LUX","program_id":"lux-investor-residence","category":"launch","title":"Investor residence title created by the law amending the immigration law (date as given in Bill 8586)","description":"Bill 8586's commentary says the investor residence title was introduced by the law of 20 March 2017 amending the immigration law of 29 August 2008, to diversify the economy and reposition the financial centre; the Economy or Finance ministry gave a prior opinion on the investment project before the immigration minister decided. (programs.csv notes cite a law of 8 March 2017; the dates differ.)","source_id":"lux-chd-pl-8586-2025","location":"PDF p. 7, commentaire des articles, Ad Article 5","quote":"Le titre de séjour pour « investisseur » a été introduit par la loi du 20 mars 2017 portant modification de la loi modifiée du 29 août 2008","countries":"","short_title":"Investor residence title created by the law amending the immigration law (date as given in Bill 8586)","plain_summary":"","year":"2017"},{"event_id":"e-4606b18b17","date":"2017-03-08","date_precision":"day","jurisdiction":"LUX","program_id":"lux-investor-residence","category":"launch","title":"Investor residence title created by the law of 8 March 2017 (date as given by the Finance Ministry)","description":"The Finance Ministry's 2018 FAQ dates the law introducing the investor residence title (art. 53bis of the immigration law) to 8 March 2017; Bill 8586 gives 20 March 2017. Both kept side by side.","source_id":"lux-mfin-faq-investor-2018","location":"p. 1, question 1","quote":"loi du 8 mars 2017 portant modification de la loi modifiée du 29 août 2008 sur la libre circulation des","countries":"","short_title":"Investor residence title created by the law of 8 March 2017 (date as given by the Finance Ministry)","plain_summary":"","year":"2017"},{"event_id":"e-93bf8230ef","date":"2017-03-02","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"price_change","title":"Bond-route state payment raised to EUR 38,000","description":"Amendments of 02.02.2017 (in force 2 Mar 2017) raise the payment for the state-securities route from EUR 25,000 to EUR 38,000.","source_id":"lva-likumi-immigration-law-2017-03","location":"Art. 23(1) p. 31","quote":"par nominālvērtību 250 000 euro un samaksā valsts budžetā 38 000 euro","countries":"","short_title":"Latvia raises state-securities route payment to €38,000","plain_summary":"From 2 March 2017, Latvia raised the payment required for its interest-free state-securities residence route from €25,000 to €38,000.","year":"2017"},{"event_id":"e-d00d995a86","date":"2017-03-01","date_precision":"day","jurisdiction":"PER","program_id":"per-investor-residence","category":"launch","title":"Peru's migration law creates the 'Inversionista' residence status (in force 1 March 2017)","description":"Decreto Legislativo 1350 (El Peruano, 7 Jan 2017), art. 29.2(f), creates the 'Inversionista' residence status for a foreigner who establishes, develops or manages lawful investments, leaving the amount to the regulation; the decree and its regulation enter into force on 1 March 2017. Its first text naming a dedicated investor residence status: the 1991 Ley de Extranjería (DL 703, repealed by DL 1350) only had a broader 'Independiente' status covering investors, rentiers and self-employed professionals (separate context event). Reclassifies as the launch the existing rule_change event of the same day.","source_id":"per-dl-1350-2017","location":"Primera Disposición Complementaria Final (Vigencia); art. 29.2(f)","quote":"El presente Decreto Legislativo y su reglamento entran en vigencia el 1 de marzo de 2017","countries":"","short_title":"Peru's migration law creates the 'Inversionista' residence status (in force 1 March 2017)","plain_summary":"","year":"2017"},{"event_id":"e-6f0d1b836e","date":"2017-02-06","date_precision":"day","jurisdiction":"ECU","program_id":"ecu-investor-residence","category":"launch","title":"Ecuador's Organic Law on Human Mobility creates the investor temporary residence, in force on publication","description":"Art. 60(4) of the Ley Orgánica de Movilidad Humana lists 'Inversionista' among the two-year temporary residence categories; the Disposición Final puts the law in force on publication in the Registro Oficial (Suplemento 938, 6 Feb 2017). It repeals the Ley de Extranjería and Ley de Migración, whose investor immigrant categories (if any) were not read and are not treated as this programme.","source_id":"ecu-ro-938-2017-lomh","location":"PDF p. 12, art. 60(4); p. 31, Disposición Final","quote":"La presente Ley entrará en vigencia a partir de su publicación en el Registro Oficial.","countries":"","short_title":"Ecuador's Organic Law on Human Mobility creates the investor temporary residence, in force on publication","plain_summary":"","year":"2017"},{"event_id":"e-7872f58274","date":"2017-01-18","date_precision":"day","jurisdiction":"EST","program_id":"est-business-residence","category":"launch","title":"Estonia adds a residence permit for large investors (EUR 1 million)","description":"Amendment RT I, 03.01.2017, 1 creates a temporary residence permit for enterprise for large investors with no obligation to live in Estonia.","source_id":"est-rt-aliens-act-en-2026","location":"Subdivision 5¹ heading","quote":"Temporary residence permit issued to large investor for enterprise [RT I, 03.01.2017, 1 - entry into force 18.01.2017]","countries":"","short_title":"Estonia adds a residence permit for large investors","plain_summary":"From 18 January 2017 Estonia created a temporary residence permit for large investors, with no obligation to live in Estonia.","year":"2017"},{"event_id":"e-64c420fb98","date":"2017-01-13","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS proposes raising EB-5 minimum investment to USD 1.8 million / 1.35 million (proposed)","description":"Proposed rule (82 FR 4738): standard amount USD 1.8 million, TEA amount USD 1.35 million (75 percent of standard, cutting the TEA discount to 25 percent), five-yearly CPI-U adjustment, DHS designation of high-unemployment TEAs, priority-date retention. Proposed only; 849 comments in an 89-day comment period. The final rule kept the TEA amount at 50 percent (USD 900,000).","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 2 (84 FR 35751), I.C","quote":"published in the Federal Register on January 13, 2017. See EB–5 Immigrant Investor Program Modernization; Proposed Rule, 82 FR 4738.","countries":"","short_title":"DHS proposes raising EB-5 minimum investment to USD 1.8 million / 1.35 million (proposed)","plain_summary":"","year":"2017"},{"event_id":"e-35a7ba20b5","date":"2017-01-11","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2022/T1 opens","description":"ÁKK opened series 2022/T1 (EUR, zero coupon, 2,00% yield, maturing 2022-03-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2022/T1 EUR 2017.01.11 2022.03.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2022/T1 opens","plain_summary":"","year":"2017"},{"event_id":"e-2cc616a58e","date":"2017-01-11","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS seeks public input on reforming the Regional Center Program (advance notice)","description":"DHS published an Advance Notice of Proposed Rulemaking (82 FR 3211) asking for input on reforming the Regional Center Program over fraud concerns; many of its questions were later settled by the 2022 Act.","source_id":"usa-fr-eb5-integrity-nprm-2026","location":"PDF p. 40 (91 FR 40715)","quote":"DHS published an Advance Notice of Proposed Rulemaking (ANPRM) on January 11, 2017, seeking public input on a range of issues related to the Regional Center Program","countries":"","short_title":"DHS seeks public input on reforming the Regional Center Program (advance notice)","plain_summary":"","year":"2017"},{"event_id":"e-506518e688","date":"2017-01-11","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"DHS asks for input on Regional Center Program reform (advance notice)","description":"Advance notice of proposed rulemaking, EB-5 Immigrant Investor Regional Center Program (82 FR 3211), on issues such as material change and mandatory exemplar filings. Not a rule.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), footnote 8","quote":"was published on January 11, 2017 at 82 FR 3211.","countries":"","short_title":"DHS asks for input on Regional Center Program reform (advance notice)","plain_summary":"","year":"2017"},{"event_id":"e-477576bb95","date":"2017-01-10","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Ex-wife of fugitive Chinese official pleads guilty to EB-5 visa fraud","description":"Shilan Zhao pleaded guilty to conspiring to submit false documents (a false marriage certificate and documents on the source of the invested money) in an EB-5 application; her ex-husband, former Chinese official Jianjun Qiao, remained a fugitive. Plea was entered 9 January 2017; release dated 10 January.","source_id":"usa-doj-cdca-zhao-2017","location":"press release, 4th paragraph","quote":"The indictment also accused them of lying about the source of Zhao's investment in the U.S.","countries":"","short_title":"Ex-wife of fugitive Chinese official pleads guilty to visa fraud","plain_summary":"Shilan Zhao pleaded guilty to submitting false documents, including a fake marriage certificate, in a US investor-visa application; her ex-husband, a fugitive former Chinese official, remained at large.","year":"2017"},{"event_id":"e-4cd0b2508e","date":"2017-01-02","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"price_change","title":"Enterprise and fund thresholds restored to EUR 1m; fee doubled","description":"For applications received from 2 January 2017 the enterprise and investment-fund minimums went back from EUR 500k to EUR 1m (December 2016 guidelines) and the application fee rose from EUR 750 to EUR 1,500.","source_id":"irl-oir-wa-2017-11-16","location":"Written answer 16 Nov 2017, Q120-122","quote":"returned to the original €1.0m for any application received from the 2nd January 2017","countries":"","short_title":"Ireland restores investor-visa thresholds, raises its fee","plain_summary":"From 2 January 2017, Ireland put its enterprise and investment-fund minimums back up from €500,000 to €1 million, and doubled the application fee from €750 to €1,500.","year":"2017"},{"event_id":"e-7eb7d3a967","date":"2017-01-01","date_precision":"day","jurisdiction":"ITA","program_id":"ita-investor-visa","category":"launch","title":"Italy creates investor visa (art. 26-bis immigration act)","description":"The 2017 Budget Law (L. 232/2016, art. 1, c. 148) inserts art. 26-bis into the immigration act: entry outside quotas and a two-year permit for non-EU investors putting EUR 2m into government bonds, EUR 1m into an Italian company (EUR 500k for an innovative start-up) or donating EUR 1m. Text in force 1 Jan 2017; applications only possible once the procedure was set up (see later events).","source_id":"ita-normattiva-tui-art26bis-2017","location":"art. 26-bis, comma 1","quote":"sono consentiti, al di fuori delle quote di cui all'articolo 3, comma 4, agli stranieri che intendono effettuare","countries":"","short_title":"Italy creates an investor visa in its 2017 budget law","plain_summary":"Italy's 2017 budget law created a visa and two-year permit for non-EU investors outside quotas: €2 million in government bonds, €1 million in an Italian company (€500,000 for a start-up), or a €1 million donation.","year":"2017"},{"event_id":"e-1dd29116e5","date":"2017","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"price_change","title":"IIP enterprise and fund minimums raised to EUR 1 million and application fee to EUR 1,500 (2017)","description":"The evaluation says changes applying from 2017, with immediate effect, raised the enterprise investment and enterprise investment fund options to EUR 1.0 million for at least 3 years (from EUR 0.5 million) and the application fee to EUR 1,500 (from EUR 750). Exact date not stated.","source_id":"irl-doj-iip-interim-eval","location":"PDF p. 10 (printed p. 3), after Table 1.1","quote":"The following changes to the IIP will apply from 2017.The changes, which are set out below, are to take immediate effect.","countries":"","short_title":"IIP enterprise and fund minimums raised to EUR 1 million and application fee to EUR 1,500 (2017)","plain_summary":"","year":"2017"},{"event_id":"e-e1544ef766","date":"2017","date_precision":"year","jurisdiction":"LUX","program_id":"lux-investor-residence","category":"launch","title":"Luxembourg investor residence permit established 2017 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2017; endnote 190 cites the Act of 8 March 2017 amending the 2008 immigration law (residence permits for investors).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Luxembourg 2017","countries":"","short_title":"Luxembourg investor residence permit established 2017 (TI annex)","plain_summary":"","year":"2017"},{"event_id":"e-52a3ae5235","date":"2017","date_precision":"year","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"rule_change","title":"Malta amends the Residency and Visa Programme regulations in 2017 (Legal Notice 189 of 2017)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1: MRVP amended in 2017; endnote 192 cites Legal Notice 189 of 2017.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Malta CBI: 2014 RBI: 2015, amended in 2017","countries":"","short_title":"Malta amends the Residency and Visa Programme regulations in 2017 (Legal Notice 189 of 2017)","plain_summary":"","year":"2017"},{"event_id":"e-0750ee96eb","date":"2017","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"context","title":"COA: visa deposits of 25 retirees lost with closed Bankwise bank","description":"COA reported that visa deposits of 25 members (P95.924 million) placed with Bankwise, Inc., closed in 2008, cannot be recovered because the bank turned over no record to PDIC, and PRA had not disclosed the contingent liability.","source_id":"phl-pra-ar-2017","location":"PDF p. 153, COA observation 4","quote":"the deposits of the 25 retirees cannot be recovered because no record of such deposits was turned-over by Bankwise to PDIC.","countries":"","short_title":"COA: visa deposits of 25 retirees lost with closed Bankwise bank","plain_summary":"","year":"2017"},{"event_id":"e-77502cfdc8","date":"2016-12-23","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"price_change","title":"USCIS 2016 comprehensive fee rule takes effect","description":"The DHS fee rule 81 FR 73292 took effect on 23 Dec 2016; DHS ran a small-entity analysis of EB-5 regional centers for it. This document does not give the EB-5 fee amounts it set.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 53 (84 FR 35802), footnote 138","quote":"the 2016 comprehensive fee rule, which went into effect on December 23, 2016. See 81 FR 73292.","countries":"","short_title":"USCIS 2016 comprehensive fee rule takes effect","plain_summary":"","year":"2016"},{"event_id":"e-8078a0ae2b","date":"2016-12-10","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 114-254)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 114–254","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 114-254)","plain_summary":"","year":"2016"},{"event_id":"e-61313ee557","date":"2016-11-07","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"rule_change","title":"Parliament's Economic Committee withdraws approval of intermediary MIGRAT Immigration Asia","description":"Committee decision 33/2014-2018 of 7 November 2016 withdrew decision 32/2014-2018 concerning MIGRAT IMMIGRATION ASIA Ltd. (Limassol), which had been approved as a residency-bond intermediary by decision 19/2014-2018.","source_id":"hun-akk-lmak-web-2019","location":"list of approved undertakings, last entry","quote":"32/2014-2018. sz. bizottsági határozata , mely 2016. november 7-én a 33/2014-2018 . sz bizottsági határozattal visszavonásra került.","countries":"","short_title":"Parliament's Economic Committee withdraws approval of intermediary MIGRAT Immigration Asia","plain_summary":"","year":"2016"},{"event_id":"e-1124c58027","date":"2016-11-01","date_precision":"day","jurisdiction":"FRA","program_id":"fra-passeport-talent-investor","category":"launch","title":"France's 'passeport talent' card, incl. the economic investor category, takes effect","description":"The multi-year residence cards created by art. 17 of the law of 7 March 2016 (L. 313-17 to L. 313-24, incl. the passeport talent for a foreigner making a direct economic investment, 7° of L. 313-20) enter into force on 1 November 2016. Art. 67 II of the law set entry into force at a date fixed by Conseil d'Etat decree, at the latest 1 November 2016 (fra-an-ta683-2016); this government circular annex gives the date. The decree itself (n° 2016-1456 of 28 Oct 2016) was not read.","source_id":"fra-mi-circ-loi-2016-annexe","location":"PDF p. 26, section 1.3.2.1 'Entrée en vigueur du nouveau dispositif'","quote":"La carte de séjour pluriannuelle, qui entre en vigueur au 1er novembre 2016, s’appliquera aux dossiers pour lesquels aucune décision n’aura été prise à cette date.","countries":"","short_title":"France's 'passeport talent' card, incl. the economic investor category, takes effect","plain_summary":"","year":"2016"},{"event_id":"e-92d26ed8e6","date":"2016-11-01","date_precision":"day","jurisdiction":"FRA","program_id":"fra-exceptional-contribution","category":"closure","title":"France abolishes the residence card for an exceptional economic contribution","description":"The Interior Ministry circular on the law of 7 March 2016 states that the resident card issued for an exceptional economic contribution is abolished from 1 November 2016, the day the passeport talent (incl. direct economic investors) takes effect.","source_id":"fra-mi-circ-loi-2016-annexe","location":"PDF p. 40, end of section 1.3 (carte de résident)","quote":"Enfin, la carte de résident délivrée pour une contribution économique exceptionnelle est abrogée à compter du 1er novembre 2016.","countries":"","short_title":"France abolishes the residence card for an exceptional economic contribution","plain_summary":"","year":"2016"},{"event_id":"e-429694c564","date":"2016-10-17","date_precision":"day","jurisdiction":"IND","program_id":"ind-investor-prs","category":"launch","title":"Home Ministry order grants Permanent Residency Status to foreign investors","description":"The Ministry of Home Affairs' Annual Report 2017-18 dates the order granting PRS to foreign investors (except Pakistani nationals or third-country nationals of Pakistani origin) to 17 Oct 2016: Rs 10 crore within 18 months or Rs 25 crore within 36 months under the FDI route, employment for at least 20 resident Indians each financial year, 10 years with multiple entry, extendable by 10. The order itself is not stored and no separate in-force date is given, so the order date is used. The Cabinet approval of 31 Aug 2016 is a separate context event.","source_id":"ind-mha-ar-2017-18","location":"PDF p. 249 (printed p. 244), para 13.5","quote":"The Ministry of Home Affairs, vide its order dated 17.10.2016 has approved grant of Permanent Residency Status (PRS) to foreign investors","countries":"","short_title":"Home Ministry order grants Permanent Residency Status to foreign investors","plain_summary":"","year":"2016"},{"event_id":"e-968ce7161c","date":"2016-10-12","date_precision":"day","jurisdiction":"GTM","program_id":"gtm-investor-residence","category":"legal_basis","title":"Guatemala Migration Code (Decreto 44-2016) sanctioned, with temporary residence for investors","description":"Congress issued the Migration Code on 20 Sep 2016; the President sanctioned it on 12 Oct 2016. Art. 75(d) creates temporary residence of up to five years for investors. It took effect sixty days after publication in the Diario Oficial (date not in the stored copy).","source_id":"gtm-congreso-codigo-migracion-44-2016","location":"PDF final page","quote":"PALACIO NACIONAL: Guatemala, doce de octubre del año dos mil dieciséis.","countries":"","short_title":"Guatemala Migration Code (Decreto 44-2016) sanctioned, with temporary residence for investors","plain_summary":"","year":"2016"},{"event_id":"e-4d36c0fc61","date":"2016-10-05","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2021/T4 opens","description":"ÁKK opened series 2021/T4 (EUR, zero coupon, 2,00% yield, maturing 2021-12-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2021/T4 EUR 2016.10.05 2021.12.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2021/T4 opens","plain_summary":"","year":"2016"},{"event_id":"e-99815db0cc","date":"2016-09-29","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 114-223)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years. DHS notes spikes in I-526 filings around anticipated sunsets of the programme (September 2015, December 2015 and September 2016).","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 114–223","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 114-223)","plain_summary":"","year":"2016"},{"event_id":"e-ffc56f6b54","date":"2016-09-19","date_precision":"day","jurisdiction":"LTU","program_id":"ltu-investor-residence","category":"rule_change","title":"Lithuania adds a EUR 260,000 investor route","description":"Law XII-2609 (14 Sep 2016, published 19 Sep 2016) adds art. 45(1)(1¹): temporary residence for a foreigner who invested at least EUR 260,000 in a company with at least five full-time jobs. Entry-into-force date not checked.","source_id":"ltu-seimas-aliens-law-2026","location":"art. 45(1)(1¹) amendment note (PDF p. 50)","quote":"Papildyta straipsnio punktu: Nr. XII-2609, 2016-09-14, paskelbta TAR 2016-09-19","countries":"","short_title":"Lithuania adds an investor residence route at €260,000","plain_summary":"A law published on 19 September 2016 allowed temporary residence for a foreigner who invested at least €260,000 in a company with at least five full-time jobs. The date it took effect was not checked.","year":"2016"},{"event_id":"e-ca40285c86","date":"2016-09-19","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"GAO reports on EB-5 project investments in targeted employment areas","description":"GAO-16-749R: in a sample of Q4 FY2015 petitions, about 97% of TEA investors chose high-unemployment areas, 90% of those relied on combined census tracts, and only 12% invested in tracts with unemployment above 8%.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 30 (84 FR 35779), footnote 86","quote":"GAO, Immigrant Investor Program: Proposed Project Investments in Targeted Employment Areas, GAO–16–749R, Published Sept. 19, 2016","countries":"","short_title":"GAO reports on EB-5 project investments in targeted employment areas","plain_summary":"","year":"2016"},{"event_id":"e-b6c238b2a8","date":"2016-08-31","date_precision":"day","jurisdiction":"IND","program_id":"ind-investor-prs","category":"context","title":"Indian Cabinet approves permanent residency status for foreign investors","description":"The Union Cabinet approves a scheme of Permanent Residency Status for foreign investors investing at least Rs 10 crore within 18 months or Rs 25 crore within 36 months and employing at least 20 resident Indians a year.","source_id":"ind-pmo-prs-cabinet-2016","location":"release, para 1","quote":"has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors","countries":"","short_title":"Indian Cabinet approves permanent residency status for foreign investors","plain_summary":"","year":"2016"},{"event_id":"e-fbf1e33da7","date":"2016-08-13","date_precision":"day","jurisdiction":"TUR","program_id":"tur-investor-residence","category":"launch","title":"Turkey adds a short-term residence permit for investors (Law 6735)","description":"Law 6735 art. 27 (dated 28 Jul 2016) adds art. 31(1)(j) to Law 6458: foreigners who do not work in Turkey but invest in the scope and amount set by the Council of Ministers (now the President) may get short-term residence for up to five years at a time, with spouse and children. In force 13 Aug 2016 per the law's list of amending acts.","source_id":"tur-mevzuat-law6458-consol","location":"PDF p. 11, art. 31(1)(j); PDF p. 47, list of amending acts","quote":"6735             3, 21, 27, 31, 33, 34, 36, 38, 41, 105         13/8/2016","countries":"","short_title":"Turkey adds a short-term residence permit for investors (Law 6735)","plain_summary":"","year":"2016"},{"event_id":"e-6faddf9262","date":"2016-07-18","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"Bond and mixed property options suspended","description":"The EUR 1m interest-free bond and the EUR 950k mixed residential property/bond options were suspended; the EY review later said they were dropped because they gave little economic benefit.","source_id":"irl-inis-new-programmes-2016","location":"INIS page (late 2016), notice","quote":"Please note that as and from 18 July 2016 the following Investment Terms have been temporarily suspended","countries":"","short_title":"Ireland suspends two investor-visa options","plain_summary":"Ireland suspended its €1 million interest-free bond option and its €950,000 mixed property-and-bond option; a later review said they were dropped because they gave little economic benefit.","year":"2016"},{"event_id":"e-6dabed7e53","date":"2016-07-13","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2021/T3 opens","description":"ÁKK opened series 2021/T3 (EUR, zero coupon, 2,00% yield, maturing 2021-09-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2021/T3 EUR 2016.07.13 2021.09.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2021/T3 opens","plain_summary":"","year":"2016"},{"event_id":"e-33ebca4312","date":"2016-07-01","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"rule_change","title":"Bond buyers get a settlement permit straight away","description":"Until mid-2016 bond buyers first received a residence permit and could apply for a settlement permit after six months; from 1 July 2016 they could receive a settlement permit directly.","source_id":"hun-index-bmh-2017-12","location":"para 3","quote":"2016. július 1-től már egyből letelepedési engedélyt kaphattak.","countries":"","short_title":"Bond buyers get a settlement permit straight away","plain_summary":"","year":"2016"},{"event_id":"e-a38645ea2f","date":"2016-07-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Business route reset to EUR 50,000 / 100,000 plus EUR 10,000 payment; renewal payment","description":"Amendments of 09.06.2016 (in force 1 Jul 2016): business investment EUR 50,000 (small company, up to 10 foreigners per company) or EUR 100,000, plus EUR 10,000 to the state budget and annual company tax minimums; EUR 5,000 payment on each renewal; property rule redefined by territory (Riga area vs. elsewhere, up to two properties).","source_id":"lva-likumi-immigration-law-2016-07","location":"Art. 23(7.3)","quote":"atkārtoti saņemot termiņuzturēšanās atļauju, viņš ir samaksājis valsts budžetā 5000 euro","countries":"","short_title":"Latvia resets its business-investment route, adds renewal fee","plain_summary":"Latvia reset its business-investment route to €50,000 for a small company, capped at 10 foreigners per company, or €100,000, plus €10,000 to the state budget and a €5,000 fee on each renewal.","year":"2016"},{"event_id":"e-73c0785f91","date":"2016-07-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Government may suspend investor permits for named countries; tax-debt annulment","description":"Amendments of 09.06.2016 (in force 1 Jul 2016) let the Cabinet suspend, for up to five years, the issue of investor permits (art. 23(1) points 28-31) to nationals of named third countries on national-security or economic grounds (art. 23(9)-(10), art. 34(6)), and add annulment of a permit under these points when the holder owes more than EUR 150 in taxes administered by the State Revenue Service (art. 35(1) p. 30). They also require the investee company of a business investor to pay at least EUR 40,000 (small company) or EUR 100,000 (large company) in taxes each year (art. 23(7.1)-(7.2)).","source_id":"lva-likumi-immigration-law-2016-07","location":"Art. 23(9); art. 35(1) p. 30","quote":"uz noteiktu laiku, bet ne ilgāk kā uz pieciem gadiem var tikt apturēta termiņuzturēšanās atļauju saskaņā ar šā panta pirmās daļas 28., 29., 30. vai 31.punktu izsniegšana","countries":"","short_title":"Government may suspend investor permits for named countries; tax-debt annulment","plain_summary":"","year":"2016"},{"event_id":"e-d8de03241a","date":"2016-06","date_precision":"month","jurisdiction":"EGY","program_id":"egy-deposit-residence","category":"legal","title":"Government submits citizenship-for-deposits amendments; State Council raises reservations","description":"The following month the minister of state for legal affairs submitted legal amendments to parliament allowing foreigners to obtain citizenship for dollar deposits; they were referred to the State Council's legislation section, which expressed reservations, and were postponed after the November 2016 IMF agreement.","source_id":"egy-aljazeera-opinion-2023","location":"section 'تحفّظ مجلس الدولة على منح الجنسية بودائع'","quote":"في الشهر التالي، تقدم وزير الدولة للشؤن القانونية مجدي العجاتي للبرلمان بتعديلات قانونية تتيح للأجانب الحصول على الجنسية المصرية مقابل ودائع دولارية","countries":"","short_title":"Government submits citizenship-for-deposits amendments; State Council raises reservations","plain_summary":"","year":"2016"},{"event_id":"e-ff912bb7b7","date":"2016-05","date_precision":"month","jurisdiction":"EGY","program_id":"egy-deposit-residence","category":"context","title":"Parliament economic committee head proposes citizenship for deposits","description":"The head of parliament's economic committee proposed granting Egyptian citizenship to Arabs (especially Iraqis, Syrians, Jordanians and Libyans) in exchange for deposits, expecting USD 585 million a year.","source_id":"egy-aljazeera-opinion-2023","location":"paragraph on 2016","quote":"مايو/أيار 2016 اقتراح منح الجنسية المصرية للعرب، خاصة العراقيين والسوريين والأردنيين والليبيين، مقابل ودائع","countries":"","short_title":"Parliament economic committee head proposes citizenship for deposits","plain_summary":"","year":"2016"},{"event_id":"e-dc218eed5d","date":"2016-05","date_precision":"month","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"context","title":"Malta Residence and Visa Programme launched in practice","description":"The IIP regulator writes that the residence and visa programme was launched early in May 2016 (the regulations date from August 2015).","source_id":"mlt-orgcem-ar-2016","location":"PDF p. 5, Foreword","quote":"the Visa and Residence Programme which was launched early in May 2016","countries":"","short_title":"Malta Residence and Visa Programme launched in practice","plain_summary":"","year":"2016"},{"event_id":"e-49fd84f7d1","date":"2016-04-14","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"scandal","title":"SEC charges Jay Peak ski resort owners over EB-5 fraud","description":"SEC fraud charges and asset freeze against Ariel Quiros, William Stenger, Jay Peak Inc. and related companies over more than $350 million raised from EB-5 investors for Vermont projects; the SEC alleged more than $200 million was used for other purposes, in Ponzi-like fashion. A receiver was appointed.","source_id":"usa-sec-pr-2016-69","location":"press release, 4th paragraph","quote":"raising more than $350 million from investors to construct ski resort facilities and a biomedical research facility in Vermont","countries":"","short_title":"US regulator charges Jay Peak ski resort owners with fraud","plain_summary":"The US markets regulator charged Jay Peak ski resort's owners with fraud, alleging they raised over US$350 million from investor-visa applicants and diverted over US$200 million of it, Ponzi-style; a receiver was appointed.","year":"2016"},{"event_id":"e-d7d1a408d2","date":"2016-04-06","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2021/T2 opens","description":"ÁKK opened series 2021/T2 (EUR, zero coupon, 2,00% yield, maturing 2021-06-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2021/T2 EUR 2016.04.06 2021.06.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2021/T2 opens","plain_summary":"","year":"2016"},{"event_id":"e-4d9762ff14","date":"2016-04-01","date_precision":"day","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"rule_change","title":"New Immigration Ordinance and Regulations in force with investor PRC and residence routes","description":"Immigration Ordinance 19 of 2015 and the Immigration Regulations (L.N. 28/2016) came into force on 1 April 2016, setting PRC investor routes (home, business, designated public sector project, US$1 million home or business), the Governor's undertaking, a quota for investment PRCs to be gazetted, the investor Residence Permit (condition B) and a new Home Owner's Permit.","source_id":"tca-imm-ord-rev-2021","location":"PDF p. 1, contents of the revised edition; PDF p. 75","quote":"Ordinance 19 of 2015 .. in force 1 April 2016 (L.N. 16/2016)","countries":"","short_title":"New Immigration Ordinance and Regulations in force with investor PRC and residence routes","plain_summary":"","year":"2016"},{"event_id":"e-a655bbeea5","date":"2016-04-01","date_precision":"day","jurisdiction":"TCA","program_id":"tca-home-owner-permit","category":"legal","title":"Immigration Ordinance 2015 and Immigration Regulations 2016, with the Home Owner's Permit, come into force","description":"The Immigration Ordinance (Ordinance 19 of 2015, which repealed and re-enacted the earlier ordinance) and the Immigration Regulations (L.N. 28/2016) came into force on 1 April 2016; s. 31 of the Ordinance and regs 33-37 provide the Home Owner's Permit (home bought or built for at least US$300,000). Whether the earlier ordinance already had a home-owner permit is not known from stored documents, so this is not recorded as the launch.","source_id":"tca-imm-ord-rev-2021","location":"p. 1, list of consolidated laws","quote":"Legal Notice 28/2016 .. in force 1 April 2016","countries":"","short_title":"Immigration Ordinance 2015 and Immigration Regulations 2016, with the Home Owner's Permit, come into force","plain_summary":"","year":"2016"},{"event_id":"e-685acf990c","date":"2016-03-09","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2021/T1 opens","description":"ÁKK opened series 2021/T1 (EUR, zero coupon, 2,00% yield, maturing 2021-03-27); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2021/T1 EUR 2016.03.09 2021.03.27 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2021/T1 opens","plain_summary":"","year":"2016"},{"event_id":"e-f2304eeea1","date":"2016-02-24","date_precision":"day","jurisdiction":"MNE","program_id":"mne-property-residence","category":"rule_change","title":"Montenegro rewrites the property-based residence article and repeals the property-value decree","description":"Parliament replaces art. 54 of the Law on Foreigners (temporary residence for use of owned real property) and repeals the 2015 decree on the type and value of property owned by foreigners. Date is adoption by Parliament; the in-force date is not stored.","source_id":"mne-skupstina-aliens-amend-2016","location":"p. 1, promulgation; art. 14 (new art. 144a)","quote":"dana 24. februara 2016. godine","countries":"","short_title":"Montenegro rewrites the property-based residence article and repeals the property-value decree","plain_summary":"","year":"2016"},{"event_id":"e-64fd8a89d4","date":"2016-02-18","date_precision":"day","jurisdiction":"FRA","program_id":"fra-passeport-talent-investor","category":"legal","title":"Parliament adopts the law creating the 'passeport talent' (incl. investors); in force by 1 Nov 2016 at the latest","description":"Final text of the bill on the rights of foreigners (promulgated as loi n° 2016-274 of 7 March 2016). Art. 17 creates L. 313-20, whose 7° grants the passeport talent card to a foreigner who makes a direct economic investment in France; art. 67 II puts art. 17 into force at a date set by decree, at the latest 1 November 2016.","source_id":"fra-an-ta683-2016","location":"p. 1 (date); art. 17, L. 313-20 7°, PDF p. 17; art. 67 II, PDF p. 63","quote":"entrent en vigueur à compter d’une date fixée par décret en Conseil d’État, et au plus tard le 1er novembre 2016.","countries":"","short_title":"Parliament adopts the law creating the 'passeport talent' (incl. investors); in force by 1 Nov 2016 at the latest","plain_summary":"","year":"2016"},{"event_id":"e-a48fd83558","date":"2016-02-18","date_precision":"day","jurisdiction":"FRA","program_id":"fra-exceptional-contribution","category":"legal","title":"French immigration law removes the residence card for an exceptional economic contribution (in force by 1 Nov 2016)","description":"Art. 20 of the law on the rights of foreigners (final text 18 Feb 2016) repeals sub-section 5 of section 2 of chapter IV (title I, book III) of the immigration code, deletes the reference to art. L. 314-15 (the exceptional economic contribution card) from art. L. 314-14, and replaces the tax-code reference to the exceptional economic contribution (art. 155 B CGI) by the direct economic investment of the new passeport talent (L. 313-20 7°). Art. 20 enters into force on a date set by decree, at the latest 1 Nov 2016 (art. 67 II). The text does not name the content of sub-section 5; the ministry circular (fra-mi-circ-loi-2016-annexe) states the card is abolished from 1 Nov 2016.","source_id":"fra-an-ta683-2016","location":"PDF p. 21, art. 20 I 1° b; PDF p. 23, art. 20 I 12°; PDF p. 24, art. 20 VI; art. 67 II","quote":"les mots : « Apporter une contribution économique exceptionnelle à la France au sens de l’article L. 314-15 » sont remplacés par les mots : « Procéder à un investissement économique direct en France au sens du 7° de l’article L. 313-20 ».","countries":"","short_title":"French immigration law removes the residence card for an exceptional economic contribution (in force by 1 Nov 2016)","plain_summary":"","year":"2016"},{"event_id":"e-eaf37d8c8f","date":"2016-01-13","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2021/T opens","description":"ÁKK opened series 2021/T (EUR, zero coupon, 2,00% yield, maturing 2021-12-20); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2021/T EUR 2016.01.13 2021.12.20 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2021/T opens","plain_summary":"","year":"2016"},{"event_id":"e-b249609c0c","date":"2016-01-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"rule_change","title":"Swiss federal reform of lump-sum taxation in force","description":"The federal act of 28 Sep 2012 sets a CHF 400,000 minimum base for direct federal tax and at least seven times the rent; cantons must set a minimum too. Old-law taxpayers had five years to adapt (to 2021).","source_id":"che-fedlex-dbg-2016","location":"art. 14, footnote 14","quote":"Fassung gemäss Ziff. I 1 des BG vom 28. Sept. 2012, in Kraft seit 1. Jan. 2016","countries":"","short_title":"Swiss federal reform of lump-sum taxation takes effect","plain_summary":"From 1 January 2016 a 2012 federal law set a CHF 400,000 minimum tax base for federal tax, and at least seven times the rent. Cantons must set minimums too. Existing taxpayers had until 2021.","year":"2016"},{"event_id":"e-41a03efae5","date":"2016","date_precision":"year","jurisdiction":"CYP","program_id":"cyp-golden-visa","category":"launch","title":"Investor residence scheme adopted (year given by the Commission)","description":"The Commission staff working document dates the adoption of this Member State's investor residence scheme to 2016 (FR and CY in 2016). It names only the country, not the legal act; the link to this programme id is ours.","source_id":"intl-ec-swd-2019-5","location":"PDF p. 15 (printed p. 14), footnotes 80-81","quote":"The UK adopted a scheme in 2008, EE in 2009; LV in 2010; HR in 2011; IE, SK and PT in 2012; HU, PL and NL in 2013; EL and ES in 2014; MT in 2015; FR and CY in 2016","countries":"","short_title":"Investor residence scheme adopted (year given by the Commission)","plain_summary":"","year":"2016"},{"event_id":"e-f0a1449e69","date":"2016","date_precision":"year","jurisdiction":"FRA","program_id":"fra-passeport-talent-investor","category":"launch","title":"Investor residence scheme adopted (year given by the Commission)","description":"The Commission staff working document dates the adoption of this Member State's investor residence scheme to 2016 (FR and CY in 2016). It names only the country, not the legal act; the link to this programme id is ours.","source_id":"intl-ec-swd-2019-5","location":"PDF p. 15 (printed p. 14), footnotes 80-81","quote":"The UK adopted a scheme in 2008, EE in 2009; LV in 2010; HR in 2011; IE, SK and PT in 2012; HU, PL and NL in 2013; EL and ES in 2014; MT in 2015; FR and CY in 2016","countries":"","short_title":"Investor residence scheme adopted (year given by the Commission)","plain_summary":"","year":"2016"},{"event_id":"e-40648a33ec","date":"2016","date_precision":"year","jurisdiction":"FRA","program_id":"fra-exceptional-contribution","category":"rule_change","title":"France amends its investor residence rules in 2016 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1: French scheme amended in 2016; endnote 184 cites Décret n° 2016-1456 of 28 October 2016 (the decree applying the law of 7 March 2016, which also created the talent passport).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"France 2009, amended in 2016","countries":"","short_title":"France amends its investor residence rules in 2016 (TI annex)","plain_summary":"","year":"2016"},{"event_id":"e-e90c7f541b","date":"2016","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"Applications paused until 2 January 2017 because of backlog","description":"After applications jumped (334 in 2016 against 75 in 2015), the Evaluation Committee stopped accepting new applications until 2 January 2017.","source_id":"irl-inis-new-programmes-2016","location":"INIS page (late 2016), notice","quote":"applications for the next evaluation meeting will not be accepted until the 2nd January 2017","countries":"","short_title":"Ireland pauses investor-visa applications over backlog","plain_summary":"After applications jumped to 334 in 2016 from 75 in 2015, Ireland's evaluation committee stopped accepting new investor-visa applications until 2 January 2017.","year":"2016"},{"event_id":"e-c57c055921","date":"2016","date_precision":"year","jurisdiction":"ZAF","program_id":"zaf-business-visa-investor","category":"legal","title":"Immigration Act 2002 amended by the Immigration Amendment Act 8 of 2016","description":"The gov.za record of the Immigration Act lists it as amended by the Immigration Amendment Act 8 of 2016. The page does not say what changed; the year is the year in the Act's number. (The programme notes date the change from business permit to business visa to the 2011 amendments; not stated on this page.)","source_id":"zaf-govza-immigration-act-page","location":"Amendments list on the page","quote":"Amended by Immigration Amendment Act 8 of 2016","countries":"","short_title":"Immigration Act 2002 amended by the Immigration Amendment Act 8 of 2016","plain_summary":"","year":"2016"},{"event_id":"e-e0bd883355","date":"2015-12-30","date_precision":"day","jurisdiction":"CAN","program_id":"can-iivc","category":"closure","title":"Venture capital pilot intake ends with few applicants","description":"Intake closed on 30 Dec 2015; IRCC said seven applications were in process against a target of 60. IRCC formally removed the programme on 29 Jan 2021 after finalising the last files.","source_id":"can-ircc-iivc-closure-2021","location":"bulletin of 29 Jan 2021","quote":"The Immigrant Investor Venture Capital (IIVC) class pilot program is closed. Applications stopped being accepted on December 30, 2015.","countries":"","short_title":"Canada's venture capital investor pilot closes with few applicants","plain_summary":"Applications stopped on 30 December 2015. Canada's immigration department said seven applications were in process, against a target of 60. It formally removed the programme on 29 January 2021.","year":"2015"},{"event_id":"e-4a0f273e32","date":"2015-12-18","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress extends the Regional Center Program (Pub. L. 114-113)","description":"Short-term reauthorisation of the Regional Center Program without reform, listed by DHS among the extensions of recent years. DHS notes spikes in I-526 filings around anticipated sunsets of the programme (September 2015, December 2015 and September 2016).","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 8 (84 FR 35757), III.A","quote":"Public Law 114–113","countries":"","short_title":"Congress extends the Regional Center Program (Pub. L. 114-113)","plain_summary":"","year":"2015"},{"event_id":"e-247dfc33db","date":"2015-12-15","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"rule_change","title":"Contracts of two intermediaries (Discus Holdings, Euro-Asia) terminated","description":"Committee decisions 13/2014-2018 and 14/2014-2018 of 15 Dec 2015 ended the contracts of Discus Holdings Ltd (Malta) and EURO-ASIA Investment Management Pte Ltd (Singapore).","source_id":"hun-akk-lmak-web-2019","location":"list of approved undertakings","quote":"A szerződés felmondásra került a 13/2014-2018 számú 2015. december 15-én kelt bizottsági határozat alapján","countries":"","short_title":"Hungary ends contracts with two more bond-sales firms","plain_summary":"Hungary's parliamentary committee terminated contracts with two intermediaries selling residency bonds: Discus Holdings, based in Malta, and Euro-Asia Investment Management, based in Singapore.","year":"2015"},{"event_id":"e-65f0a6538b","date":"2015-09-08","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"legal","title":"Former minister Macedo made a formal suspect (arguido) (reported)","description":"Called to give a statement at DCIAP, Miguel Macedo left as a formal suspect; he was later charged with three counts of prevarication and one of influence peddling.","source_id":"prt-observador-labirinto-verdict-2019","location":"timeline","quote":"8 de setembro de 2015 : chamado a prestar declarações no Departamento Central de Investigação e Ação Penal, Miguel Macedo saiu como arguido.","countries":"","short_title":"Former minister Macedo made a formal suspect (arguido) (reported)","plain_summary":"","year":"2015"},{"event_id":"e-de25343fe8","date":"2015-09-03","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Regulation sets proof rules and minimum stay (7 days, then 14 days per two years)","description":"Decreto Regulamentar 15-A/2015 (published 2 Sep 2015, in force next day) regulates the new routes: co-ownership, mortgages above the threshold, leases allowed; minimum stay 7 days in the first year and 14 days in each later two-year period.","source_id":"prt-dr-15a-2015","location":"PDF p. 3","quote":"b) 14 dias, seguidos ou interpolados, nos subsequentes períodos de dois anos.","countries":"","short_title":"Portugal sets proof rules and minimum stay for golden visas","plain_summary":"A new regulation for Portugal's golden-visa routes allowed co-ownership, mortgages above the threshold, and leases, and set a minimum stay of 7 days in the first year and 14 days in each following two-year period.","year":"2015"},{"event_id":"e-03735af710","date":"2015-08-25","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"launch","title":"Malta Residence and Visa Programme regulations published","description":"L.N. 288 of 2015 creates the MRVP: permanent residence certificate for a EUR 30,000 contribution, EUR 250,000 qualifying investment and a qualifying property, run by Identity Malta.","source_id":"mlt-ln-2015-288","location":"reg. 1 (PDF p. 1)","quote":"The title of these regulations is the Malta Residence and Visa Programme Regulations, 2015.","countries":"","short_title":"Malta publishes rules for its Residence and Visa Programme","plain_summary":"In August 2015 Malta set out a permanent residence certificate for a €30,000 contribution, a €250,000 qualifying investment and a qualifying property. A government agency, Identity Malta, ran it.","year":"2015"},{"event_id":"e-b6bd65879d","date":"2015-08","date_precision":"month","jurisdiction":"USA","program_id":"usa-eb5","category":"scandal","title":"GAO finds EB-5 fraud risks poorly tracked and economic benefits unreliable","description":"GAO-15-696: USCIS identified fraud risks (unlawful source of funds, investment schemes) but its systems could not support fraud analysis; its reported jobs and investment figures were not valid. SEC had brought four EB-5 civil enforcement actions by July 2015, including the Chicago Convention Center case (over USD 145 million raised from Chinese investors).","source_id":"usa-gao-15-696-2015","location":"PDF p. 24 (printed p. 19)","quote":"were found liable for the fraudulent sale of over $145 million in securities to Chinese investors seeking a pathway to citizenship in the United States","countries":"","short_title":"US auditors say investor-visa fraud risks are poorly tracked","plain_summary":"The US government's auditors found the immigration service could not properly analyse investor-visa fraud risks, and that its reported jobs and investment figures were unreliable. The markets regulator had by then brought four fraud cases.","year":"2015"},{"event_id":"e-47eff0d3f3","date":"2015-07-30","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"rule_change","title":"Ley 25/2015 widens Spain's investor visa: funds route, right to work, five-year renewals","description":"Rewrites arts. 63-67 Ley 14/2013: adds EUR 1m in Spanish investment or venture-capital funds; shares must be in companies with real business activity; one-year visa allowing residence and work; investor's representative for business projects; pre-contract property route with 6-month visa; residence authorisations granted by the DG for Migration and processed by UGE-CE; renewals for successive five-year periods. In force 30 Jul 2015.","source_id":"esp-boe-ley-25-2015","location":"p. 64530-64534, disposición final undécima","quote":"podrán solicitar la renovación de la autorización de residencia por periodos sucesivos de cinco años","countries":"","short_title":"Spain widens its golden visa: funds, work rights, longer renewals","plain_summary":"A new law widened Spain's investor visa, adding a €1 million investment-fund route, letting investors work for a year, allowing a shorter pre-contract property visa, and letting investors renew residence for five years.","year":"2015"},{"event_id":"e-62db555e8d","date":"2015-07-06","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"scandal","title":"SEC sues Luca International over Ponzi-like scheme targeting EB-5 investors","description":"The SEC filed a civil enforcement action (SEC v. Luca Int'l Group, N.D. Cal.) alleging a Ponzi-like scheme and affinity fraud targeting, among others, Chinese citizens seeking permanent residence through EB-5.","source_id":"usa-gao-15-696-2015","location":"PDF p. 25 (printed p. 20), footnote 40","quote":"In July 2015, SEC initiated another EB-5-related civil enforcement action alleging that defendants ran a Ponzi-like scheme and affinity fraud","countries":"","short_title":"SEC sues Luca International over Ponzi-like scheme targeting EB-5 investors","plain_summary":"","year":"2015"},{"event_id":"e-24731e4dc5","date":"2015-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"rule_change","title":"Complying Investment Framework for Significant Investors takes effect","description":"From 1 July 2015 Significant Investor money had to go partly into venture capital and emerging-company funds instead of mostly passive options such as government bonds. Applications surged in late 2014-15 ahead of the change.","source_id":"aus-dha-mp-report-2015-16","location":"p. 14","quote":"applications lodged in late 2014-15 prior to changes to the Significant Investor Visa (SIV) introduced on 1 July 2015","countries":"","short_title":"Australia tightens how significant investors must invest","plain_summary":"From 1 July 2015, Australia required Significant Investor visa money to go partly into venture capital and emerging-company funds rather than mostly passive options like government bonds; applications surged beforehand.","year":"2015"},{"event_id":"e-4b5f02160f","date":"2015-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-piv","category":"launch","title":"Premium Investor stream introduced (A$15 million, Austrade nomination)","description":"The Premium Investor stream of the subclass 188 visa starts on 1 July 2015, with a A$15 million complying investment and a path to permanent residence after 12 months.","source_id":"aus-dha-foi-160600956-2016","location":"p. 1, note","quote":"the PIV stream was introduced 1 July 2015","countries":"","short_title":"Australia introduces a Premium Investor visa stream at A$15 million","plain_summary":"From 1 July 2015 Australia's Premium Investor stream required a complying investment of A$15 million, with a path to permanent residence after 12 months.","year":"2015"},{"event_id":"e-8fb022aad9","date":"2015-07-01","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"New routes: rehabilitation, research, culture, funds; jobs cut to 10","description":"Law 63/2015 (in force the day after its 30 Jun 2015 publication) adds subalíneas iv-vii (EUR 350k rehabilitation, EUR 350k research, EUR 250k culture, EUR 500k SME funds), lowers job creation to 10, and allows 20% lower amounts in low-density areas.","source_id":"prt-law-63-2015","location":"PDF p. 1","quote":"Criação de, pelo menos, 10 postos de trabalho","countries":"","short_title":"Portugal adds new golden-visa routes, cuts job requirement","plain_summary":"A new law added golden-visa routes for Portugal: €350,000 for rehabilitating property, €350,000 for research, €250,000 for culture, and €500,000 for small-business funds; it also cut the required new jobs to 10.","year":"2015"},{"event_id":"e-87902175a4","date":"2015-07","date_precision":"month","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Law 4332/2015 extends investor residence to spouse, children and parents","description":"TI Greece: amendments of July 2015 let the investor's spouse, children and parents receive five-year residence permits.","source_id":"grc-ti-greece-2021","location":"p. 6","quote":"Αρχικές τροποποιήσεις στον ανωτέρω νόμο έγιναν τον Ιούλιο του 2015, δυνάμει του νόμου 4332/2015","countries":"","short_title":"Law 4332/2015 extends investor residence to spouse, children and parents","plain_summary":"","year":"2015"},{"event_id":"e-620e279238","date":"2015-06-15","date_precision":"day","jurisdiction":"CAN","program_id":"can-iip","category":"legal","title":"Federal Court of Appeal: investor appeals moot after termination","description":"In Jia v. Canada (2015 FCA 146) the court held that appeals by investor applicants seeking to force processing were moot because s. 87.5 terminated all IIP applications.","source_id":"can-fca-jia-2015","location":"para. 6","quote":"The enactment of section 87.5 terminated all of the applications under the IIP.","countries":"","short_title":"Canadian appeals court: investor appeals pointless after applications ended","plain_summary":"In June 2015 the Federal Court of Appeal ruled that appeals by investor applicants seeking to force processing no longer mattered, because the 2014 law had ended all federal investor applications.","year":"2015"},{"event_id":"e-4c5e813e50","date":"2015-05-28","date_precision":"day","jurisdiction":"VUT","program_id":"","category":"visa_access","title":"EU visa waiver agreement with Vanuatu signed and applied","description":"The EU–Vanuatu agreement was signed and provisionally applied from 28 May 2015; it entered into force on 1 April 2017.","source_id":"intl-eu-reg-2025-11","location":"Recital 2","quote":"The visa exemption has applied to nationals of Vanuatu since 28 May 2015","countries":"","short_title":"Vanuatu citizens gain visa-free travel to most of Europe","plain_summary":"The European Union and Vanuatu signed a visa waiver agreement, applied from 28 May 2015 and formally in force from April 2017.","year":"2015"},{"event_id":"e-3c1115f44f","date":"2015-05-25","date_precision":"day","jurisdiction":"CAN","program_id":"can-iivc","category":"rule_change","title":"Third and last intake for the venture capital pilot","description":"Under MI19, IRCC accepted applications from 25 May to 30 Dec 2015, processing the first 60 complete applications and keeping up to 60 on a waiting list; earlier windows under MI17 and MI18 ran 28 Jan-11 Feb and 13 Feb-15 Apr 2015.","source_id":"can-ircc-mi19-2015","location":"MI19 summary page","quote":"IRCC will accept permanent resident applications received under the Immigrant Investor Venture Capital Class from May 25 to December 30, 2015.","countries":"","short_title":"Canada holds third and last venture capital investor intake","plain_summary":"Canada accepted applications from 25 May to 30 December 2015, processing the first 60 complete ones and waitlisting up to 60. Earlier windows ran in January-February and February-April 2015.","year":"2015"},{"event_id":"e-166a73f3c2","date":"2015-05-15","date_precision":"day","jurisdiction":"GEO","program_id":"geo-property-residence","category":"legal","title":"Georgia publishes Law 3602 adding a residence permit for property owners (USD 35,000)","description":"Law No 3602 of 8 May 2015 (published 15.5.2015) adds Article 15(j): a short-term residence permit for owners of real property worth more than USD 35,000; date is publication, from the history note; Law 3602 itself is not stored, so its in-force date is unknown.","source_id":"geo-matsne-aliens-law-2015-05","location":"Article 15(j) and history note","quote":"Law of Georgia No 3602 of 8 May 2015 – website, 15.5.2015","countries":"","short_title":"Georgia publishes Law 3602 adding a residence permit for property owners (USD 35,000)","plain_summary":"","year":"2015"},{"event_id":"e-b014d0d22b","date":"2015-05-15","date_precision":"day","jurisdiction":"GEO","program_id":"geo-property-residence","category":"launch","title":"Georgia's residence permit for owners of real property (USD 35,000) takes effect","description":"Law No 3602 of 8 May 2015 adds to art. 15 of the Law on the Legal Status of Aliens a short-term residence permit for owners of non-agricultural real property worth over USD 35,000 (and a D5 visa). Art. 3(1) puts the law into force on publication, except provisions unrelated to this permit; publication on the matsne website was 15/05/2015 (geo-matsne-law-3602-2015-page). The consolidated version of 20/03/2015 (geo-matsne-aliens-law-2015-03) has no such ground. Legal basis: the 2014 Law, in force 1 September 2014.","source_id":"geo-matsne-law-3602-2015","location":"art. 3(1), PDF p. 8 (in force); art. 1(9), PDF p. 6 (the new subparagraph)","quote":"საქართველოს კანონის 70-ე მუხლის მე-2 პუნქტის „ა“ ქვეპუნქტისა, ამოქმედდეს გამოქვეყნებისთანავე.","countries":"","short_title":"Georgia's residence permit for owners of real property (USD 35,000) takes effect","plain_summary":"","year":"2015"},{"event_id":"e-6283fcfdb9","date":"2015-05-14","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"Residence extended to Property Development and Smart City Scheme buyers (USD 500,000)","description":"The Finance (Miscellaneous Provisions) Act 2015 gives resident status to buyers of property worth at least USD 500,000 under the new PDS and Smart City schemes, and keeps the status of existing IRS and RES owners.","source_id":"mus-fa-2015","location":"s. 23(b)","quote":"the purchase price of which is not less than 500,000 US dollars","countries":"","short_title":"Mauritius extends residence to buyers under two new property schemes","plain_summary":"A 2015 law gave resident status to buyers of property worth at least US$500,000 under the new Property Development and Smart City schemes. Existing owners under earlier schemes kept their status.","year":"2015"},{"event_id":"e-d6b8253743","date":"2015-05-14","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"IRS and RES certificates abolished; PDS and Smart City Scheme created","description":"The Finance (Miscellaneous Provisions) Act 2015 deleted the IRS and RES certificates from the Investment Promotion Act and empowered the Minister to set up the Property Development Scheme and Smart City Scheme (and the Mauritian Diaspora Scheme). Existing IRS/RES certificates stay in force and applications pending on or before 22 March 2015 continue under the old rules; buyers from IRS/RES companies keep resident status while they hold the property. The residence provision in the Immigration Act was rewritten for PDS and Smart City buyers at USD 500,000 (separate event).","source_id":"mus-fa-2015","location":"s. 31(a), (c), (p) and s. 23(b)(ii), PDF pp. 57-58, 97-104","quote":"Any IRS certificate or RES certificate issued under the Real Estate Development Scheme and in force at the commencement of section 31 of the Finance (Miscellaneous Provisions) Act 2015 shall continue to remain in force.","countries":"","short_title":"IRS and RES certificates abolished; PDS and Smart City Scheme created","plain_summary":"","year":"2015"},{"event_id":"e-54e5cb3a3f","date":"2015-05","date_precision":"month","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"State Department starts an EB-5 waiting list for mainland China","description":"The May 2015 Visa Bulletin made EB-5 visas available to mainland-China-born investors only with priority dates before 1 May 2013. By the December 2018 Visa Bulletin the cut-off was 22 Aug 2014, a wait of over 40 months.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 14 (84 FR 35763), III.C.1, footnote 31","quote":"In May 2015, the State Department found it necessary to establish a waiting list for petitioners with approved petitions born in mainland China","countries":"","short_title":"State Department starts an EB-5 waiting list for mainland China","plain_summary":"","year":"2015"},{"event_id":"e-af57f180c5","date":"2015-04-27","date_precision":"day","jurisdiction":"MDV","program_id":"mdv-corporate-resident-visa","category":"launch","title":"Maldives Corporate Resident Visa Regulation (2015/R-139) published and in force","description":"The Department of Immigration and Emigration's regulation creating a corporate resident visa for large investors (USD 50 million; USD 1 million deposit, security or approved real estate) is published in the gazette and takes effect on publication (art. 13).","source_id":"mdv-gazette-crv-regulation-2015","location":"PDF p. 1 masthead; p. 6, art. 13","quote":"މި ގަވާއިދަށް ޢަމަލުކުރަން ފަށާނީ، މި ގަވާއިދު ދިވެހިސަރުކާރުގެ ގެޒެޓުގައި ޝާއިޢުކުރާ ދުވަހުން ފެށިގެންނެވެ.","countries":"","short_title":"Maldives Corporate Resident Visa Regulation (2015/R-139) published and in force","plain_summary":"","year":"2015"},{"event_id":"e-c92ca9e0a3","date":"2015-04-06","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"rule_change","title":"UK bank account and due diligence required before applying","description":"HC 1025: applicants must open a UK-regulated investment account first so banks do due diligence before the visa application; minimum age 18. The 2018-2023 review covered visas granted before this date.","source_id":"gbr-ho-hc1025-2015","location":"PDF p. 230, explanatory memorandum para 7.37","quote":"A requirement is being added for prospective investors to open a UK-","countries":"","short_title":"UK requires a bank account before investor-visa applications","plain_summary":"The UK required investor-visa applicants to first open a UK-regulated investment account so banks could carry out checks before the visa application, and set a minimum age of 18.","year":"2015"},{"event_id":"e-b93a883b46","date":"2015-04-01","date_precision":"day","jurisdiction":"MNE","program_id":"mne-property-residence","category":"launch","title":"Montenegro's 2014 Law on Foreigners applies, with residence for owners of real property","description":"The Law on Foreigners adopted 16 December 2014 (Sl. list CG 56/14) provides temporary residence for disposing of rights to real property owned in Montenegro (art. 37(1)(8), art. 54; one-year permit; the Government to set value conditions). Art. 145: in force on the eighth day after publication in the Službeni list, applied from 1 April 2015 (when the 2008 Law on Foreigners ceased, art. 144). The publication date is not in stored documents, so the stated application date is used.","source_id":"mne-skupstina-aliens-law-2014","location":"art. 145, PDF p. 48; art. 54, PDF p. 16","quote":"Ovaj zakon stupa na snagu osmog dana od dana objavljivanja u „Sluibenom listu Crne Gore\", a prinnjenjivate se od 1. aprila 2015. godine.","countries":"","short_title":"Montenegro's 2014 Law on Foreigners applies, with residence for owners of real property","plain_summary":"","year":"2015"},{"event_id":"e-cc267902ba","date":"2015-04","date_precision":"month","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"rule_change","title":"Home Office reforms the Tier 1 (Investor) route after the blind-faith period","description":"After finding that visas were granted before applicants opened UK bank accounts (2008-2015), the Home Office reformed the programme in April 2015.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 44 (printed p. 42), United Kingdom","quote":"Realising their mistake, the Home Office reformed the programme in April 2015.","countries":"","short_title":"Home Office reforms the Tier 1 (Investor) route after the blind-faith period","plain_summary":"","year":"2015"},{"event_id":"e-180b918a56","date":"2015-03-24","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"scandal","title":"Inspector General: USCIS Director intervened in three EB-5 matters","description":"The DHS OIG investigation, begun after a September 2012 whistleblower complaint, found that Alejandro Mayorkas, as USCIS Director, intervened outside the normal process in three EB-5 matters (LA Films, Las Vegas and Gulf Coast regional centers), creating an appearance of favoritism; OIG could not determine his motives.","source_id":"usa-dhsoig-eb5-mayorkas-2015","location":"PDF p. 3 [printed p. 1], Introduction and Summary","quote":"In each of these three instances, but for Mr. Mayorkas’ intervention, the matter would have been decided differently.","countries":"","short_title":"US watchdog says immigration chief intervened in investor-visa cases","plain_summary":"A Homeland Security investigation found that Alejandro Mayorkas, then head of the US immigration service, intervened outside normal process in three investor-visa cases, creating an appearance of favouritism; investigators could not determine his motives.","year":"2015"},{"event_id":"e-9fec07fb18","date":"2015-02-13","date_precision":"day","jurisdiction":"CAN","program_id":"can-iivc","category":"rule_change","title":"Second intake for the venture capital investor pilot","description":"Under Ministerial Instructions MI18, IRCC accepted IIVC applications from 13 February to 15 April 2015 (after the first window of 28 Jan-11 Feb 2015 under MI17).","source_id":"can-ircc-mi19-2015","location":"MI19 summary page, last paragraph","quote":"Through MI17 and M18, IRCC also accepted applications from January 28 to February 11, 2015 as well as from February 13 to April 15, 2015.","countries":"","short_title":"Second intake for the venture capital investor pilot","plain_summary":"","year":"2015"},{"event_id":"e-c9cd61daa5","date":"2015-01-28","date_precision":"day","jurisdiction":"CAN","program_id":"can-iivc","category":"launch","title":"Venture capital investor pilot opens","description":"Ministerial instructions created the Immigrant Investor Venture Capital class (C$2 million at-risk investment, C$10 million net worth); first intake 28 Jan-11 Feb 2015, up to 500 applications.","source_id":"can-gazette-mi-iivc-2015","location":"Canada Gazette Part I, 24 Jan 2015, intake instructions","quote":"The Instructions come into force on January 28, 2015, and apply to applications received by designated Citizenship and Immigration Canada offices on or after January 28, 2015.","countries":"","short_title":"Canada opens a venture capital investor pilot","plain_summary":"From 28 January 2015 Canada's venture capital investor class required C$2 million at risk and C$10 million net worth. The first intake ran 28 January to 11 February 2015, up to 500 applications.","year":"2015"},{"event_id":"e-ce7235709a","date":"2015-01-15","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-cies","category":"closure","title":"Capital Investment Entrant Scheme suspended","description":"The CIES is suspended 'until further notice'. Reasons given: it was introduced in 2003 during a recession to attract capital; attracting capital investors 'should no longer be our priority', the focus should be talent, professionals and entrepreneurs; and suspension would help ImmD clear over 12,000 pending applications. Pending and approved applications were unaffected; a transitional arrangement accepted applications for investments made in the six months before 15 Jan 2015.","source_id":"hkg-isd-pr-cies-suspension-2015","location":"paras 1-2","quote":"In view of the latest economic situation in Hong Kong, attracting capital investment entrants should no longer be our priority. Instead, our focus should be on attracting talent, professionals and innovative entrepreneurs to contribute to our economy.","countries":"","short_title":"Hong Kong suspends its investor residence scheme","plain_summary":"On 15 January 2015 Hong Kong suspended the scheme until further notice, saying attracting capital investors should no longer be a priority; talent and entrepreneurs should be. Over 12,000 pending applications were being cleared.","year":"2015"},{"event_id":"e-1f3cd1ce76","date":"2015-01-14","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2020/T opens","description":"ÁKK opened series 2020/T (EUR, zero coupon, 2,00% yield, maturing 2020-12-20); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2020/T EUR 2015.01.14 2020.12.20 5 Zéró kupon 2,00%","countries":"","short_title":"Residency bond series 2020/T opens","plain_summary":"","year":"2015"},{"event_id":"e-f4cf4bf409","date":"2015-01-01","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"price_change","title":"Residency bond price rises to EUR 300,000","description":"For applications filed after 1 Jan 2015 each applicant had to subscribe EUR 300,000 of bonds (in EUR 50,000 pieces), up from EUR 250,000.","source_id":"hun-akk-lmak-web-2019","location":"paragraph 4","quote":"kérelmezőnként 300 000 euró össz-névértékű Letelepedési Magyar Államkötvényt kellett lejegyezni","countries":"","short_title":"Hungary raises its residency bond price to €300,000","plain_summary":"From 1 January 2015, applicants to Hungary's residency bond programme had to buy €300,000 of bonds in €50,000 units, up from €250,000 before.","year":"2015"},{"event_id":"e-32487d6d16","date":"2015-01-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"New route: EUR 250,000 in interest-free state securities","description":"From 1 Jan 2015 a five-year permit can be obtained by buying special-purpose interest-free state securities with a nominal value of EUR 250,000 and paying EUR 25,000 to the state budget.","source_id":"lva-pmlp-annual-report-2015","location":"p. 8","quote":"saņemt termiņuzturēšanās atļauju uz laiku līdz pieciem gadiem, ja ārzemnieks ir iegādājies īpašam mērķim noteiktus bezprocentu valsts vērtspapīrus par nominālvērtību 250 000 euro un samaksājis valsts budžetā 25 000 euro","countries":"","short_title":"Latvia adds a route via interest-free state securities","plain_summary":"From 1 January 2015, buying €250,000 of special interest-free state securities and paying €25,000 to the state budget let a foreigner get a five-year residence permit in Latvia.","year":"2015"},{"event_id":"e-d88a38eb81","date":"2015-01-01","date_precision":"day","jurisdiction":"VNM","program_id":"vnm-investor-visa","category":"legal_basis","title":"Viet Nam's Law on entry, exit, transit and residence of foreigners takes effect","description":"Law 47/2014/QH13 of 16 Jun 2014, the law later amended to set investor classes by capital, takes effect.","source_id":"vnm-congbao-27-vbhn-vpqh-2019","location":"p. 61, preamble of the consolidated text","quote":"có hiệu lực kể từ ngày 01 tháng 01 năm 2015","countries":"","short_title":"Viet Nam's Law on entry, exit, transit and residence of foreigners takes effect","plain_summary":"","year":"2015"},{"event_id":"e-3b0bd79bba","date":"2015","date_precision":"year","jurisdiction":"BRA","program_id":"bra-investor-residence","category":"price_change","title":"Brazil raises business investor minimum to R$500,000 (RN 118/2015)","description":"RN 118 replaced RN 84/2009 and raised the minimum business investment from R$150,000 to R$500,000; RN 13 replaced it in 2017 under the new Migration Law.","source_id":"bra-obmigra-relatorio-anual-2025","location":"printed p. 42 (PDF p. 22)","quote":"o aumento do valor mínimo do investimento, que passou a ser de R$ 500.000,00","countries":"","short_title":"Brazil raises business investor minimum to R$500,000","plain_summary":"In 2015 new rules raised Brazil's minimum business investment for investor residence from R$150,000 to R$500,000. They were replaced in 2017 under a new migration law.","year":"2015"},{"event_id":"e-1c52474e66","date":"2015","date_precision":"year","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"rule_change","title":"Spain amends its investor residence rules in 2015 (Act 25/2015)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1: Spanish scheme amended in 2015; endnote 195 cites Act 25/2015 on the internationalisation of the Spanish economy.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Spain 2013, amended in 2015","countries":"","short_title":"Spain amends its investor residence rules in 2015 (Act 25/2015)","plain_summary":"","year":"2015"},{"event_id":"e-12f15c628e","date":"2015","date_precision":"year","jurisdiction":"MLT","program_id":"mlt-mrvp","category":"launch","title":"Malta Residency and Visa Programme established 2015 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 and Annex 4 give 2015; endnote 192 cites Legal Notice 288 of 2015 as amended by Legal Notice 189 of 2017.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Malta CBI: 2014 RBI: 2015, amended in 2017","countries":"","short_title":"Malta Residency and Visa Programme established 2015 (TI annex)","plain_summary":"","year":"2015"},{"event_id":"e-847a668bdc","date":"2015","date_precision":"year","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Portugal temporarily postpones the golden visa in mid-2015 to change procedures (Irish evaluation account)","description":"The evaluation says Portugal temporarily postponed the programme in mid-2015 to put new procedures and rules in place after visa-issuing fraud.","source_id":"irl-doj-iip-interim-eval","location":"PDF p. 18 (printed p. 11), section 2.3.1","quote":"the government temporarily postponed the programme in mid-2015 while they put new procedures and rules in place to avoid a repeat of visa issuing fraud.","countries":"","short_title":"Portugal temporarily postpones the golden visa in mid-2015 to change procedures (Irish evaluation account)","plain_summary":"","year":"2015"},{"event_id":"e-3d1f8f01b9","date":"2015","date_precision":"year","jurisdiction":"VUT","program_id":"vut-hkpr","category":"closure","title":"HKPR suspended","description":"Vanuatu suspends the HKPR after Hong Kong suspends its Capital Investment Entrant Scheme in January 2015.","source_id":"vut-imf-art4-2015","location":"PDF p. 46, Appendix III","quote":"the Vanuatu government has suspended HKPR","countries":"","short_title":"Vanuatu suspends Hong Kong investor-residence route","plain_summary":"Vanuatu suspended its Hong Kong investor-residence programme after Hong Kong suspended its own Capital Investment Entrant Scheme in January 2015.","year":"2015"},{"event_id":"e-30a95f7d35","date":"2014-12-30","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"price_change","title":"Hungary raises the residency bond investment to EUR 300,000 (Act CVIII of 2014)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 says the Hungarian scheme was amended in 2014; endnote 186 cites Act CVIII of 2014 of 30 December 2014 amending the entry-and-stay law, 'raising investment at €300,000'.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 82 (printed p. 80), endnote 186 (to Annex 1)","quote":"2014. évi CVIII. Törvény ... [2014 CVIII. Law on the entry and stay of third-country nationals in Annex II – amendment raising investment at €300,000], 30 December 2014","countries":"","short_title":"Hungary raises the residency bond investment to EUR 300,000 (Act CVIII of 2014)","plain_summary":"","year":"2014"},{"event_id":"e-3367086ddc","date":"2014-12-30","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"context","title":"Inspectorate audit finds weak internal control in ARI processing","description":"IGAI extraordinary audit (RELAT-122/2014) lists 20 findings, including inconsistent procedures, decisions taken on verbal instructions, and internal control that was \"very incipient and weak\"; ARI fees made up most of SEF fee revenue.","source_id":"prt-igai-ari-audit-2014","location":"PDF p. 102","quote":"Controlo interno muito incipiente e fraco, havendo inclusive áreas em que é ineficaz","countries":"","short_title":"Audit finds weak internal controls in Portugal's golden-visa unit","plain_summary":"An inspectorate audit of Portugal's border and immigration service found 20 problems in how golden-visa applications were processed, including decisions made on verbal instructions and internal control described as very weak and barely effective.","year":"2014"},{"event_id":"e-77b83c5965","date":"2014-12-16","date_precision":"day","jurisdiction":"MNE","program_id":"mne-property-residence","category":"legal","title":"Parliament adopts the Law on Foreigners with a real-property residence ground","description":"Promulgation decree of 19.12.2014: the Parliament adopted the Law on Foreigners on 16 December 2014.","source_id":"mne-skupstina-aliens-law-2014","location":"Ukaz, PDF p. 1","quote":"2014. godini, dana 16. decembra 2014. godine.","countries":"","short_title":"Parliament adopts the Law on Foreigners with a real-property residence ground","plain_summary":"","year":"2014"},{"event_id":"e-9e017b7ee6","date":"2014-11-30","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"legal","title":"Swiss voters reject abolition of lump-sum taxation","description":"The popular initiative \"Schluss mit den Steuerprivilegien für Millionäre\" is rejected with 59.2% no (turnout 49.9%); only Schaffhausen votes yes.","source_id":"che-swissvotes-587","location":"Kurzbeschreibung, result paragraph","quote":"Die Initiative wird mit einem Nein-Stimmenanteil von 59,2% abgelehnt.","countries":"","short_title":"Swiss voters reject ending lump-sum taxation of wealthy foreigners","plain_summary":"On 30 November 2014 a public initiative to end tax privileges for millionaires was rejected, with 59.2% voting no and turnout of 49.9%. Only Schaffhausen voted yes.","year":"2014"},{"event_id":"e-0a4f55e6f0","date":"2014-11-20","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"scandal","title":"SEF director Jarmela Palos dismissed (reported)","description":"The new interior minister removed Manuel Jarmela Palos from the head of the immigration service (SEF).","source_id":"prt-observador-labirinto-verdict-2019","location":"timeline","quote":"20 de novembro de 2014 : a então ministra da Administração Interna Anabela Rodrigues exonera Manuel Jarmela Palos da direção do Serviço de Estrangeiros e Fronteiras.","countries":"","short_title":"SEF director Jarmela Palos dismissed (reported)","plain_summary":"","year":"2014"},{"event_id":"e-6c2568931a","date":"2014-11-16","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"scandal","title":"Interior minister Miguel Macedo resigns over golden-visa case","description":"Minister of Internal Administration Miguel Macedo resigns, saying his authority was diminished, while denying responsibility.","source_id":"prt-observador-macedo-resigns-2014","location":"article","quote":"O ministro da Administração Interna anunciou este domingo a sua demissão do cargo","countries":"","short_title":"Portugal's interior minister resigns over golden-visa scandal","plain_summary":"Portugal's interior minister, Miguel Macedo, resigned amid the golden-visa corruption scandal, saying his authority had been diminished while denying any responsibility.","year":"2014"},{"event_id":"e-ab5211c9e9","date":"2014-11-16","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"scandal","title":"Interior minister Miguel Macedo resigns over the golden visa case (reported)","description":"Three days after searches at the Interior Ministry in Operação Labirinto, the minister announced his resignation.","source_id":"prt-observador-labirinto-verdict-2019","location":"timeline","quote":"16 de novembro de 2014 : a um domingo, Miguel Macedo convoca uma conferência de imprensa para anunciar a sua demissão do cargo de ministro da Administração Interna.","countries":"","short_title":"Interior minister Miguel Macedo resigns over the golden visa case (reported)","plain_summary":"","year":"2014"},{"event_id":"e-9cc6cd642a","date":"2014-11-13","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"scandal","title":"Operação Labirinto: head of SEF and other officials detained","description":"Police detain SEF director Manuel Jarmela Palos, IRN president António Figueiredo and Justice Ministry secretary-general Maria Antónia Anes in a corruption investigation linked to golden visas.","source_id":"prt-observador-labirinto-verdict-2019","location":"article","quote":"António Figueiredo, Manuel Jarmela Palos e Maria Antónia Anes são detidos.","countries":"","short_title":"Portugal: top immigration and justice officials detained in golden-visa probe","plain_summary":"Police detained the head of Portugal's border and immigration service, the head of its notary and registry institute, and a justice ministry official in a corruption investigation linked to the golden-visa programme.","year":"2014"},{"event_id":"e-7499356fc9","date":"2014-11-10","date_precision":"day","jurisdiction":"IMN","program_id":"imn-tier1-investor","category":"price_change","title":"Isle of Man doubles the Tier 1 (Investor) threshold to GBP 2 million","description":"Statement of Changes SD 2014/0344 (laid 9 Dec 2014, effective 10 Nov 2014): GBP 2 million of own money required; accelerated settlement tiers; applications made before 10 November 2014 decided under the old rules.","source_id":"imn-gov-sd-2014-0344","location":"Opening statement; change to Table 7","quote":"The changes in this Statement shall take effect on 10th November 2014.","countries":"","short_title":"Isle of Man doubles the Tier 1 (Investor) threshold to GBP 2 million","plain_summary":"","year":"2014"},{"event_id":"e-fbf6fdd76e","date":"2014-11-06","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"price_change","title":"Minimum investment doubled to GBP 2 million","description":"HC 693 raises the threshold to GBP 2m, requires the whole sum to be invested, removes the loan option and lets officials refuse where funds may be unlawfully obtained. A rush of applications preceded it (CP 632 memorandum calls it a 'closing down sale').","source_id":"gbr-ho-hc693-2014","location":"PDF p. 86, explanatory memorandum para 7.25","quote":"The current £1 million minimum investment threshold is being raised to £2","countries":"","short_title":"UK doubles investor-visa minimum to £2 million","plain_summary":"The UK raised its investor-visa minimum from £1 million to £2 million, required the full sum to be invested, dropped a loan option, and let officials refuse visas where funds might be unlawfully obtained.","year":"2014"},{"event_id":"e-967b629dc7","date":"2014-11","date_precision":"month","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"price_change","title":"UK Tier 1 (Investor) minimum raised from GBP 1 million to GBP 2 million (Irish evaluation account)","description":"The evaluation notes the increase in the Tier 1 investment requirement from GBP 1m to GBP 2m in November 2014 as a likely reason for the 82% fall in applicants from 2014 to 2015.","source_id":"irl-doj-iip-interim-eval","location":"PDF p. 18 (printed p. 11), section 2.3.1","quote":"One reason for this could be the increase in the investment required for the Tier 1 investment option from £1m to £2m in November 2014.","countries":"","short_title":"UK Tier 1 (Investor) minimum raised from GBP 1 million to GBP 2 million (Irish evaluation account)","plain_summary":"","year":"2014"},{"event_id":"e-1bb4816237","date":"2014-10-01","date_precision":"day","jurisdiction":"CUW","program_id":"cuw-investor-permit","category":"rule_change","title":"Curaçao 'Investors permit 2014' guidelines take effect","description":"The Minister of Justice's decree of 26 September 2014 sets tiered residence permits for high net worth investors (ANG 500,000 / 750,000 / 1,500,000) and repeals the earlier decree of 3 August 2009.","source_id":"cuw-mj-investors-permit-2014-eng","location":"PDF p. 2, arts. 2 and 4","quote":"This decree shall become effective from 1 October 2014.","countries":"","short_title":"Curaçao 'Investors permit 2014' guidelines take effect","plain_summary":"","year":"2014"},{"event_id":"e-f3b67ceb87","date":"2014-10","date_precision":"month","jurisdiction":"INTL","program_id":"","category":"context","title":"Investment Migration Council launched in Geneva","description":"The IMC was launched in October 2014 by a group of service providers to set standards for the industry.","source_id":"intl-imf-wp-15-93","location":"PDF p. 8 (printed p. 7), para 8","quote":"The Investment Migration Council (IMC), based in Geneva, was launched in October 2014 by a group of service providers","countries":"","short_title":"Investment Migration Council launched in Geneva","plain_summary":"","year":"2014"},{"event_id":"e-b80bd05517","date":"2014-09-25","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"rule_change","title":"Parliament's economic committee ends contract with intermediary S&Z Program Limited","description":"Committee decision 1/2014-2018 of 25 Sept 2014 terminated the contract of S&Z Program Limited (Schaan, Liechtenstein).","source_id":"hun-akk-lmak-web-2019","location":"list of approved undertakings","quote":"A szerződés felmondásra került a 1/2014-2018 számú 2014. szeptember 25-én kelt bizottsági határozat alapján","countries":"","short_title":"Hungary's parliament ends contract with bond-sales firm","plain_summary":"Hungary's parliamentary economic committee terminated its contract with S&Z Program Limited, a company based in Liechtenstein that acted as an intermediary selling residency bonds.","year":"2014"},{"event_id":"e-a5b8b1b3d8","date":"2014-09-10","date_precision":"day","jurisdiction":"MNE","program_id":"mne-property-residence","category":"context","title":"Government bill: residence for owners of real property is a new ground","description":"The Government's explanatory memorandum to the 2014 Law on Foreigners states that art. 54, allowing temporary residence for use of real property of a certain value owned in Montenegro, is a novelty of the bill.","source_id":"mne-gov-aliens-bill-2014","location":"Obrazloženje, PDF p. 51","quote":"elanom 54, kao novina Predlogom zakona, predvidena je moguenost odobravanja privremenog boravka strancu radi korigeenja nepolcretnosti, odredene vrijednosti, koju stranac posjeduje u Cmoj Gori","countries":"","short_title":"Government bill: residence for owners of real property is a new ground","plain_summary":"","year":"2014"},{"event_id":"e-56d30d1eba","date":"2014-09-06","date_precision":"day","jurisdiction":"CUW","program_id":"cuw-investor-permit","category":"launch","title":"Curaçao immigration service dates the introduction of the 'Kapitaalkrachtige Investeerder 2014' permit to 6 September 2014","description":"The immigration service's investor page says the Minister of Justice introduced the residence permit for well-funded investors on 6 September 2014. The stored 2014 guidelines are dated 26 September 2014 and take effect on 1 October 2014; this is the page's own account, kept side by side.","source_id":"cuw-toelating-investeerder-2026","location":"introduction","quote":"De Minister van Justitie van Curaçao heeft op 6 september 2014 een vergunning voor tijdelijk verblijf of tot verblijf voor investeerders geïntroduceerd; genaamd Kapitaalkrachtige Investeerder 2014.","countries":"","short_title":"Curaçao immigration service dates the introduction of the 'Kapitaalkrachtige Investeerder 2014' permit to 6 September 2014","plain_summary":"","year":"2014"},{"event_id":"e-349c727ce8","date":"2014-09-01","date_precision":"day","jurisdiction":"GEO","program_id":"geo-investment-residence","category":"launch","title":"Georgia's new aliens law creates an investment residence permit","description":"The Law on the Legal Status of Aliens and Stateless Persons enters into force, with an investment residence permit for an investment of at least GEL 300,000.","source_id":"geo-matsne-aliens-law-2014","location":"Article 74(1)","quote":"This law shall enter into force from 1 September 2014.","countries":"","short_title":"Georgia's new aliens law creates an investment residence permit","plain_summary":"","year":"2014"},{"event_id":"e-966cbcc8db","date":"2014-09-01","date_precision":"day","jurisdiction":"GEO","program_id":"geo-property-residence","category":"legal_basis","title":"Georgia's Law on the Legal Status of Aliens enters into force","description":"The 2014 law into which the property-owner permit was later inserted enters into force.","source_id":"geo-matsne-aliens-law-consol-2026","location":"Article 74(1)","quote":"This Law shall enter into force from 1 September 2014.","countries":"","short_title":"Georgia's Law on the Legal Status of Aliens enters into force","plain_summary":"","year":"2014"},{"event_id":"e-1c40af8496","date":"2014-09-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"price_change","title":"Property threshold raised to EUR 250,000 plus 5% state payment","description":"Amendments of 08.05.2014 (in force 1 Sep 2014): one built property worth at least EUR 250,000, cadastral value at least EUR 80,000, and a one-off payment of 5% of the value to the state budget; EUR 25,000 payment added to the bank route. PMLP reported a rush of applications before the change and a sharp fall afterwards (2,532 investor applications in 2014, 398 in 2015).","source_id":"lva-likumi-immigration-law-2014-09","location":"Art. 23(1) p. 29","quote":"viens funkcionāli saistīts apbūvēts nekustamais īpašums, kura vērtība ir ne mazāka par 250 000 euro","countries":"","short_title":"Latvia raises property threshold to €250,000 plus a state fee","plain_summary":"Latvia raised its property-investment threshold: one property worth at least €250,000, with a cadastral value of at least €80,000, plus a one-off payment of 5% of the price to the state.","year":"2014"},{"event_id":"e-9454ee765f","date":"2014-09-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"context","title":"Rush of investor applications before the 1 September 2014 changes","description":"PMLP annual report 2014: foreigners hurried to apply under the old rules before the amendments took effect, raising the number of permits issued above plan.","source_id":"lva-pmlp-annual-report-2014","location":"p. 11","quote":"Līdz 2014. gada 1. septembrim, kad spēkā stājās Imigrācijas likuma grozījumi, tika saņemts liels pieprasījumu skaits atbilstoši iepriekšējam regulējumam","countries":"","short_title":"Rush of applications in Latvia before 2014 rule change","plain_summary":"Foreign investors rushed to apply under Latvia's old residence rules before changes took effect on 1 September 2014, pushing the number of permits issued above plan.","year":"2014"},{"event_id":"e-f36ff16bbb","date":"2014-06-19","date_precision":"day","jurisdiction":"CAN","program_id":"can-iip","category":"closure","title":"Law terminates pending federal investor applications","description":"Section 87.5 IRPA, added by the Economic Action Plan 2014 Act, No. 1 (assent 19 June 2014), terminated every federal investor or entrepreneur application not assessed before 11 Feb 2014, with fees and investments returned without interest. The CIC evaluation counted 66,368 persons in pending federal investor files on 4 Feb 2014. Quebec-selected investors were excluded.","source_id":"can-justice-eap2014-act1","location":"s. 303, new IRPA s. 87.5(1)","quote":"87.5 (1) An application by a foreign national for a permanent resident visa as a member of the prescribed class of investors or of entrepreneurs is terminated if, before February 11, 2014, it has not been established by an officer","countries":"","short_title":"Canada's law ends pending federal investor applications","plain_summary":"A law assented to on 19 June 2014 ended all federal investor applications not assessed before 11 February 2014, returning fees and investments without interest. 66,368 people were in pending files on 4 February 2014.","year":"2014"},{"event_id":"e-443450aeb5","date":"2014-06-10","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"price_change","title":"Taiwan raises the investment threshold for Hong Kong and Macao residents to NT$6 million","description":"The 10 Jun 2014 amendment of art. 17 (the investment ground, renumbered in the 2009 revision) raises it to NT$6 million and drops the NT$5 million deposit route; the 9 Dec 2013 version still read NT$5 million.","source_id":"twn-moi-hkmo-residence-regs-2014","location":"Art. 17(1)(5)","quote":"在臺灣地區有新臺幣六百萬元以上之投資，經中央目的事業主管機關","countries":"","short_title":"Taiwan raises the investment threshold for Hong Kong and Macao residents to NT$6 million","plain_summary":"","year":"2014"},{"event_id":"e-6d3a61a8f0","date":"2014-06-10","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan drops the NT$5 million deposit ground for Hong Kong and Macao residents, with a three-year transition","description":"The 10 June 2014 version of the regulations no longer lists the deposit ground (NT$5 million remitted and deposited for a year) among the residence grounds; deposits already remitted keep the old rules if they complete one year within three years.","source_id":"twn-moi-hkmo-residence-regs-2014","location":"art. 17(1) and art. 30, last paragraph","quote":"本辦法中華民國一百零三年六月十日修正施行前，已匯入等值新臺幣五百萬元以上之存款，於修正施行後三年內，存款滿一年，附有外匯銀行證明者，仍適用修正施行前有關居留、定居之規定","countries":"","short_title":"Taiwan drops the NT$5 million deposit ground for Hong Kong and Macao residents, with a three-year transition","plain_summary":"","year":"2014"},{"event_id":"e-78af3c8cf4","date":"2014-05-15","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"visa_access","title":"EU moves Dominica, Grenada, Saint Lucia and Vanuatu to the visa-free list (conditional)","description":"Regulation 509/2014 transferred Dominica, Grenada, Saint Lucia, Vanuatu and others to Annex II, applicable from entry into force of visa waiver agreements.","source_id":"intl-eu-reg-509-2014","location":"Recital 4, OJ L 149/67","quote":"The imposition of the visa requirement on the nationals of Dominica, Grenada, [...] Saint Lucia, [...] and Vanuatu is no longer justified.","countries":"DMA;GRD;KIR;MHL;FSM;NRU;PLW;LCA;VCT;WSM;SLB;TLS;TON;TTO;TUV;ARE;VUT;COL;PER","short_title":"EU offers visa-free travel to more citizenship-selling countries","plain_summary":"The European Union added Dominica, Grenada, Saint Lucia, Vanuatu and others to its visa-free list, pending formal waiver agreements.","year":"2014"},{"event_id":"e-9f63f296d4","date":"2014-04-11","date_precision":"day","jurisdiction":"TUR","program_id":"tur-property-residence","category":"legal","title":"Law 6458's residence provisions, incl. short-term residence for property owners, take effect","description":"Law 6458 on Foreigners and International Protection (adopted 4 Apr 2013, published in the Official Gazette 11 Apr 2013, No 28615) enters into force one year after publication except Part Five (art. 125(1)(b)); art. 31(1)(b) allows short-term residence for foreigners who own real property in Turkey. The date is counted by us (one year after 11 Apr 2013).","source_id":"tur-mevzuat-law6458-consol","location":"PDF p. 1 (header) and PDF p. 46, art. 125(1)(b)","quote":"Diğer hükümleri yayımı tarihinden bir yıl sonra,","countries":"","short_title":"Law 6458's residence provisions, incl. short-term residence for property owners, take effect","plain_summary":"","year":"2014"},{"event_id":"e-c1a845b711","date":"2014-03-28","date_precision":"day","jurisdiction":"THA","program_id":"tha-privilege","category":"context","title":"Thailand Privilege Card Co. receives THB 200 million more paid-up capital from TAT budget","description":"Note 5.17: the company (registered capital THB 1,000 million, 10 million shares of THB 100) had shares paid at THB 50 each; on 28 March 2014 it received a further THB 20 per share (THB 200 million) from budget transferred by the Tourism Authority of Thailand (TAT board resolution 3/2557 of 26 March 2014), bringing paid-up capital to THB 70 per share, THB 700 million.","source_id":"tha-tpc-ar-2025","location":"PDF p. 179 (printed p. 177), note 5.17 'ทุนเรือนหุ้น'","quote":"เมื่อวันที่ 28 มีนาคม 2557 บริษัทได้รับชําระค่าหุ้นเพิ่มหุ้นละ 20.00 บาท เป็นเงิน 200.00 ล้านบาท ซึ่งเป็นเงินงบประมาณที่ได้รับโอนมาจากการท่องเที่ยวแห่งประเทศไทย","countries":"","short_title":"Thailand Privilege Card Co. receives THB 200 million more paid-up capital from TAT budget","plain_summary":"","year":"2014"},{"event_id":"e-0cb0483bff","date":"2014-03-18","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"context","title":"Parliamentary committee asked to inquire into the BIIP, excluding the Significant Investor stream","description":"The government asked the Joint Standing Committee on Migration to inquire into and report on the Business Innovation and Investment Programme, excluding the SIV stream, which was under a departmental review.","source_id":"aus-aph-se14-445-2014","location":"Answer (a)-(b)","quote":"On 18 March 2014 the government made a request to the Joint Standing Committee on Migration (JSCM) that they inquire into and report on the Business Innovation and Investment Programme (BIIP), excluding the SIV stream.","countries":"","short_title":"Parliamentary committee asked to inquire into the BIIP, excluding the Significant Investor stream","plain_summary":"","year":"2014"},{"event_id":"e-df747d0092","date":"2014-03-07","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"context","title":"Government announces internal review of the Significant Investor visa","description":"Departmental review announced 7 March 2014; the Joint Standing Committee on Migration's BIIP inquiry (requested 18 March 2014) excluded the SIV for that reason. The review went to government on 28 May 2014, cost $73,494 and was not released (BE14/475).","source_id":"aus-aph-se14-445-2014","location":"Answer (a)","quote":"On 7 March 2014, the government formally announced a departmental review into the SIV.","countries":"","short_title":"Australia announces a review of its Significant Investor visa","plain_summary":"An internal review was announced on 7 March 2014, so a parliamentary inquiry left the visa out. It went to government on 28 May 2014, cost A$73,494 and was not released.","year":"2014"},{"event_id":"e-c62314df42","date":"2014-02-28","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"context","title":"Migration Advisory Committee finds the route under-priced","description":"MAC report says the GBP 1m threshold had not changed since 1994, benefits went mainly to the migrants, and recommends raising it to GBP 2m (plus auctioning some places). GOV.UK dates the publication 25 Feb 2014; HC 693 says 28 Feb 2014.","source_id":"gbr-mac-tier1-investor-2014","location":"PDF p. 92, para 6.9","quote":"we recommend that the minimum £1 million threshold be increased to £2 million","countries":"","short_title":"UK advisers say investor-visa threshold is too low","plain_summary":"The UK's Migration Advisory Committee said the £1 million investor-visa threshold had not changed since 1994 and mainly benefited migrants, recommending it rise to £2 million, plus auctioning some places.","year":"2014"},{"event_id":"e-9a47be4906","date":"2014-02-11","date_precision":"day","jurisdiction":"CAN","program_id":"can-iip","category":"closure","title":"Budget 2014 announces end of federal investor programme and return of backlog","description":"The budget called the programme ineffective, said investors showed little attachment to Canada and paid lower taxes than other economic immigrants, and proposed returning pending applications with refunds and replacing it with a venture capital pilot.","source_id":"can-fin-budget-2014","location":"Chapter 3.1, \"Immigrant Investor Program\", printed p. 81 (PDF p. 90)","quote":"Economic Action Plan 2014 proposes to replace the ineffective Immigrant Investor and Entrepreneur programs with an Immigrant Investor Venture Capital Fund pilot project.","countries":"","short_title":"Canada's budget proposes ending the federal investor programme","plain_summary":"The 2014 budget called the programme ineffective, saying investors had little attachment to Canada and paid lower taxes than other economic immigrants. It proposed returning pending applications with refunds and a venture capital pilot.","year":"2014"},{"event_id":"e-b7fab90a97","date":"2014-01-16","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"rule_change","title":"European Parliament resolution on \"EU citizenship for sale\"","description":"Parliament expressed concern that national schemes involving the outright sale of Union citizenship undermine the concept of Union citizenship (reported in the Commission's 2019 report; the resolution text itself was not retrieved).","source_id":"intl-ec-com-2019-12","location":"PDF p. 2, section 1 and fn 2","quote":"The European Parliament, in its Resolution of 16 January 2014, expressed concern that national schemes involving the \"direct or indirect outright sale\" of Union citizenship undermined the very concept of Union citizenship.","countries":"","short_title":"European Parliament criticises selling EU citizenship","plain_summary":"The European Parliament said national schemes that directly or indirectly sell citizenship undermined the whole idea of European Union citizenship.","year":"2014"},{"event_id":"e-546e218a07","date":"2014-01-15","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"Residency bond series 2019/T opens","description":"ÁKK opened series 2019/T (EUR, zero coupon, 2,24% yield, maturing 2019-12-20); only the newest series could be bought, so each opening closed the previous one.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2019/T EUR 2014.01.15 2019.12.20 5 Zéró kupon 2,24%","countries":"","short_title":"Residency bond series 2019/T opens","plain_summary":"","year":"2014"},{"event_id":"e-25a39e7b5e","date":"2014-01-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"price_change","title":"Thresholds converted to euro; business and bank routes raised","description":"Amendments of 05.12.2013 (in force 1 Jan 2014, with euro adoption): property EUR 142,300 / 71,150; business EUR 35,000 (small) or 150,000; bank subordinated liabilities EUR 280,000.","source_id":"lva-likumi-immigration-law-2014-01","location":"Art. 23(1) p. 30","quote":"pakārtotās saistības ar Latvijas Republikas kredītiestādi ne mazāk kā 280 000 euro apmērā","countries":"","short_title":"Latvia converts investor-residence thresholds to euros, raises some","plain_summary":"When Latvia adopted the euro, its residence-for-investment thresholds were converted and some raised: property to €142,300 or €71,150, business to €35,000 or €150,000, and bank deposits to €280,000.","year":"2014"},{"event_id":"e-b941404137","date":"2014-01-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Investors and their families get unrestricted right to work","description":"The rewritten art. 9 of the Immigration Law (amendments of 05.12.2013, in force 1 Jan 2014) lists holders of temporary residence permits under art. 23(1) points 28, 29 and 30 (company, property and bank investors) and their family members among foreigners granted the right to work without restrictions. Point 31 (state securities) holders were added from 1 Jan 2015 (art. 9(5) p. 24).","source_id":"lva-likumi-immigration-law-2014-01","location":"Art. 9(5) points 13-15","quote":"13) termiņuzturēšanās atļauju kā persona, kura veikusi ieguldījumu kapitālsabiedrības pamatkapitālā saskaņā ar šā likuma 23.panta pirmās daļas 28.punktu, vai kā šīs personas ģimenes loceklis","countries":"","short_title":"Investors and their families get unrestricted right to work","plain_summary":"","year":"2014"},{"event_id":"e-4b80b0a0f7","date":"2014-01","date_precision":"month","jurisdiction":"CAN","program_id":"can-pei-pnp-investor","category":"launch","title":"Prince Edward Island investor route opens with 400 places for 2014 (as reported by the UK MAC)","description":"The UK Migration Advisory Committee reports that a separate route for investing in Prince Edward Island opened in January 2014 with 400 places for 2014 (C$600,000 net worth, C$150,000 investment in a qualifying business, management expertise, intent to reside), citing an agent website. No Canadian document is stored.","source_id":"gbr-mac-tier1-investor-2014","location":"PDF p. 72 (printed p. 66), para 4.36","quote":"opened in January 2014, with a limit of 400 places during 2014","countries":"","short_title":"Prince Edward Island investor route opens with 400 places for 2014 (as reported by the UK MAC)","plain_summary":"","year":"2014"},{"event_id":"e-49b968b9ae","date":"2014","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"2014 guidelines set out the REIT option (EUR 2m)","description":"The 2014 guidelines list investment of at least EUR 2m in Irish listed REITs as one of six options (the option was announced in late 2013), and state a EUR 2m minimum net worth for applicants.","source_id":"irl-inis-iip-guidelines-2014","location":"PDF p. 6","quote":"Required investment: A minimum investment of €2 million in any Irish REIT","countries":"","short_title":"Ireland adds a property-fund option to its investor visa","plain_summary":"Ireland's 2014 rules added investing at least €2 million in Irish listed property funds as a new option for residence, and set a €2 million minimum net worth for applicants.","year":"2014"},{"event_id":"e-14434a694c","date":"2014","date_precision":"year","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Latvia amends its investor residence rules in 2014 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1: Latvian scheme amended in 2014.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Latvia 2010, amended in 2014","countries":"","short_title":"Latvia amends its investor residence rules in 2014 (TI annex)","plain_summary":"","year":"2014"},{"event_id":"e-9dbf19165f","date":"2014","date_precision":"year","jurisdiction":"MLT","program_id":"mlt-grp","category":"rule_change","title":"Global Residence Programme rules amended (L.N. 267 of 2014)","description":"The consolidated rules mark rules 2, 4, 5, 6 and 10 as amended by L.N. 267 of 2014. In the consolidated text: a beneficiary must not be a long-term resident; the EUR 15,000 minimum tax is payable in full both in the year status is granted and in the year it ends, by 30 April with a return proving the conditions; long-term residents are taxed on worldwide income and mandataries who fail to report them face a EUR 10,000 penalty; letting the qualifying property ends the status; a mandatary who fails more than twice loses registration. The exact date of the notice is not printed.","source_id":"mlt-sl-123-148-2020","location":"PDF pp. 1, 4-8, margin notes \"Amended by: L.N. 267 of 2014\"","quote":"LEGAL NOTICE 167 of 2013, as amended by Legal Notices 267 of 2014 and 69 of 2020.","countries":"","short_title":"Global Residence Programme rules amended (L.N. 267 of 2014)","plain_summary":"","year":"2014"},{"event_id":"e-840d33b55d","date":"2014","date_precision":"year","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"Annual EB-5 visa cap reached for the first time (FY2014)","description":"According to DHS (2014 Yearbook of Immigration Statistics, table 7), the annual EB-5 visa limit was reached for the first time in fiscal year 2014.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 14 (84 FR 35763), III.C.1, footnote 30","quote":"The annual EB–5 visa cap was reached for the first time in fiscal year 2014.","countries":"","short_title":"Annual EB-5 visa cap reached for the first time (FY2014)","plain_summary":"","year":"2014"},{"event_id":"e-82b25e8463","date":"2013-12-12","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"DHS Inspector General finds USCIS cannot manage the Regional Center Program effectively","description":"OIG-14-19: the law does not let USCIS deny or terminate regional centers on fraud or national-security grounds, USCIS cannot show economic benefits, and program integrity is weak (inconsistent application of rules, undocumented responses to outside inquiries).","source_id":"usa-dhsoig-14-19-2013","location":"PDF p. 5 [printed p. 1], Executive Summary","quote":"Several conditions prevent USCIS from administering and managing the EmploymentBased Fifth Preference regional center program effectively.","countries":"","short_title":"US watchdog says immigration agency mismanages investor-visa programme","plain_summary":"The US Department of Homeland Security's watchdog found the immigration service could not refuse or close regional investment centres over fraud or security risks, could not show economic benefits, and applied rules inconsistently.","year":"2013"},{"event_id":"e-b06804301f","date":"2013-11-23","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"rule_change","title":"More investment options for Significant Investor visa applicants (IMMI 13/092)","description":"An instrument adds listed bonds and equities, annuities, derivatives for portfolio management and mortgage-secured loans to the investments eligible managed funds may hold for SIV applicants; threshold stays at $5 million.","source_id":"aus-aph-ae14-213-2014","location":"Answer","quote":"The above media release relates to the Instrument IMMI 13/092, which commenced on 23 November 2013.","countries":"","short_title":"Australia widens investments allowed for its Significant Investor visa","plain_summary":"From 23 November 2013 more assets, including listed bonds and equities, annuities and mortgage-secured loans, could be held by funds used by applicants. The threshold stayed at A$5 million.","year":"2013"},{"event_id":"e-357d011f22","date":"2013-11","date_precision":"month","jurisdiction":"SYC","program_id":"syc-investor-pr","category":"launch","title":"Permanent residence and citizenship categories for USD 1 million investors","description":"Amendments to the Citizenship Act and Immigration Decree (2013) create a permanent resident status, with investors of USD 1 million eligible after 1 year's residence, and citizenship for investors after 11 years' aggregate residence.","source_id":"syc-ics-quickguide-2013","location":"pp. 1, 3, 5","quote":"The Amendments to the Citizenship Act and the Immigration Decree 2013 will introduce the category of the 'Permanent Resident'","countries":"","short_title":"Seychelles adds permanent residence for US$1 million investors","plain_summary":"In November 2013 amendments created permanent resident status. Investors of US$1 million could qualify after one year's residence, and citizenship after 11 years' total residence.","year":"2013"},{"event_id":"e-c969c37793","date":"2013-11","date_precision":"month","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS sets up an EB-5 fraud specialist unit in FDNS","description":"In November 2013 USCIS established a fraud specialist unit for the EB-5 Program within its Fraud Detection and National Security directorate, after moving EB-5 work from the California Service Center to the new Immigrant Investor Program Office in Washington.","source_id":"usa-gao-15-696-2015","location":"PDF p. 28 (printed p. 23)","quote":"In November 2013, USCIS also established a fraud specialist unit for the EB-5 Program within FDNS.","countries":"","short_title":"USCIS sets up an EB-5 fraud specialist unit in FDNS","plain_summary":"","year":"2013"},{"event_id":"e-49ee2f237f","date":"2013-10-21","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"context","title":"Immigration minister foreshadows a \"reboot\" of the Significant Investor visa","description":"In an address to the Migration Institute of Australia National Conference in Canberra, Immigration and Border Protection Minister Scott Morrison foreshadowed a \"reboot\" of the SIV (as recalled in the department's answer SE14/445).","source_id":"aus-aph-se14-445-2014","location":"Answer (a)","quote":"In his address of 21 October 2013 to the Migration Institute of Australia National Conference, Canberra, the former Minister for Immigration and Border Protection, the Hon. Scott Morrison MP, foreshadowed a “reboot” of the SIV.","countries":"","short_title":"Immigration minister foreshadows a \"reboot\" of the Significant Investor visa","plain_summary":"","year":"2013"},{"event_id":"e-f2de2779a8","date":"2013-10-01","date_precision":"day","jurisdiction":"NLD","program_id":"nld-investor-residence","category":"launch","title":"Dutch residence scheme for wealthy foreigners (foreign investors) starts","description":"The Modern Migration Policy decree introduces a residence permit for foreigners with at least EUR 1,250,000 (art. 3.29a Vb 2000), narrowed in policy to investment in an innovative Dutch company.","source_id":"nld-stb-2024-83","location":"PDF p. 12, nota van toelichting","quote":"Op 1 oktober 2013 is het Besluit modern migratiebeleid (Stb. 2010, 307) in werking getreden.","countries":"","short_title":"Netherlands starts a residence permit for wealthy investors","plain_summary":"From 1 October 2013 a residence permit became available to foreigners with at least €1,250,000. Policy narrowed it to investment in an innovative Dutch company.","year":"2013"},{"event_id":"e-6ae074bd2a","date":"2013-10-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"SEC and USCIS issue joint investor alert on EB-5 scams","description":"Joint warning that USCIS designation of a regional center is not an endorsement of its investments, and that the SEC has taken emergency action against allegedly fraudulent EB-5 securities offerings.","source_id":"usa-sec-alert-eb5-2013","location":"first paragraph","quote":"are jointly issuing this Investor Alert to warn individual investors about fraudulent investment scams that exploit the Immigrant Investor Program","countries":"","short_title":"US regulators warn investors about visa-investment scams","plain_summary":"The US markets regulator and the US immigration service jointly warned investors that government approval of a regional investment centre is not an endorsement of its investments, after taking emergency action against fraudulent schemes.","year":"2013"},{"event_id":"e-b4eb3ef201","date":"2013-10","date_precision":"month","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"launch","title":"TCI reintroduces permanent residence by investment","description":"New regulations restored a PRC investor route (home of US$300,000/1,000,000 or business of US$750,000/1,500,000 depending on island), with a Governor's undertaking in advance, a US$25,000 fee and a cap of 200 PRCs in the first year. Reported by a law firm on 1 October 2013.","source_id":"tca-misick-prc-2013","location":"para 1","quote":"The Turks and Caicos Islands (TCI) has just enacted a revamped investor residency programme, entitling successful applicants to a permanent residence certificate (PRC).","countries":"","short_title":"Turks and Caicos reintroduces permanent residence by investment","plain_summary":"In October 2013 new rules restored an investor route: a home of US$300,000 or US$1,000,000, or a business of US$750,000 or US$1,500,000, by island. The fee was US$25,000, with 200 certificates in year one.","year":"2013"},{"event_id":"e-c8ebfcf967","date":"2013-09-29","date_precision":"day","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"launch","title":"Spain creates investor visa and residence permit (Ley 14/2013)","description":"Ley 14/2013 de apoyo a los emprendedores (BOE 28 Sep 2013), arts. 61-67, creates a visa and residence authorisation for non-EU investors: EUR 500,000 in property per applicant, EUR 2m public debt, EUR 1m shares or bank deposits, or a business project of general interest. In force the day after publication.","source_id":"esp-boe-ley-14-2013","location":"p. 78859, art. 63","quote":"Se entenderá como inversión significativa de capital aquella que cumpla con alguno de los siguientes supuestos","countries":"","short_title":"Spain creates a golden visa for investors","plain_summary":"A new law let Spain grant visas to non-EU investors who buy €500,000 in property, €2 million in public debt, €1 million in shares or deposits, or run a qualifying business project.","year":"2013"},{"event_id":"e-146cc3ce87","date":"2013-08-06","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"rule_change","title":"Older purchases qualify on current objective value","description":"Interior Ministry circular 15/2013 allows properties bought before the law, at below EUR 250,000, to qualify if current objective value is at least EUR 250,000.","source_id":"grc-ypes-circular-15-2013","location":"p. 1, point (α)","quote":"Η άδεια διαμονής χορηγείται και σε περιπτώσεις που το τίμημα που είχε καταβληθεί κατά την αγορά του ακινήτου, ήταν μικρότερο των διακοσίων πενήντα (250.000) χιλιάδων ευρώ","countries":"","short_title":"Older, cheaper property purchases can still qualify","plain_summary":"Greece said properties bought before the law for less than EUR 250,000 could still qualify for a residence permit if their current value reached EUR 250,000.","year":"2013"},{"event_id":"e-0932b8a9de","date":"2013-07-15","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"price_change","title":"Thresholds halved after first-year review","description":"After only 9 approvals in the first year, the Government halved the bond (EUR 2m to 1m, now interest-free) and enterprise (EUR 1m to 500k) thresholds, added a EUR 500k managed-fund option, cut the mixed option to EUR 950k and allowed EUR 400k pooled endowments, effective 15 July 2013.","source_id":"irl-inis-changes-pr-2013","location":"Press release (5 July 2013), para 6","quote":"The main changes, which will take effect from 15 July are:","countries":"","short_title":"Ireland halves investor-visa thresholds after weak first year","plain_summary":"After only 9 approvals in its first year, Ireland halved its residency-for-investment thresholds, cutting the bond option from €2 million to €1 million and the enterprise option from €1 million to €500,000.","year":"2013"},{"event_id":"e-d9932280c4","date":"2013-07-01","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-grp","category":"launch","title":"Global Residence Programme starts","description":"Global Residence Programme Rules (L.N. 167 of 2013): special tax status for non-EU nationals holding qualifying property, with a 15% tax on remitted foreign income and a EUR 15,000 minimum tax.","source_id":"mlt-ln-2013-167","location":"rule 1(2) (PDF p. 1)","quote":"These rules shall be deemed to have come into force with effect from 1st July, 2013.","countries":"","short_title":"Malta starts its Global Residence Programme","plain_summary":"From 1 July 2013 non-EU nationals holding qualifying property in Malta could get special tax status, with 15% tax on foreign income brought into Malta and a minimum tax of €15,000.","year":"2013"},{"event_id":"e-ae368237ca","date":"2013-06-30","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-hnwi-non-eu","category":"closure","title":"High Net Worth Individuals (non-EU) scheme closes to applications","description":"No applications under the 2011 High Net Worth Individuals - Non-EU/EEA/Swiss Nationals Rules after 30 Jun 2013; beneficiaries may switch to the GRP.","source_id":"mlt-sl-123-130-2013","location":"rule 3(1) (PDF p. 4)","quote":"the Commissioner shall not receive any applications for special tax status under these rules after 30th June, 2013","countries":"","short_title":"Malta closes its scheme for wealthy non-EU residents","plain_summary":"No applications were accepted under Malta's 2011 rules for wealthy non-EU, non-EEA and non-Swiss nationals after 30 June 2013. Existing beneficiaries could switch to the Global Residence Programme.","year":"2013"},{"event_id":"e-c6d91d1a83","date":"2013-06-19","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"context","title":"First residency bond series issued","description":"Series 2018/T (EUR, zero coupon, 2.53% yield, maturing 20 Dec 2018) opened on 19 June 2013; EUR 107.5 million outstanding at end-2013.","source_id":"hun-ti-kfib-lmak-2018","location":"p. 6, 2. táblázat","quote":"2018/T EUR 2013.06.19 2018.12.20 5 Zéró kupon 2,53% 107,5","countries":"","short_title":"Hungary issues first residency bond series","plain_summary":"Hungary opened its first residency bond series on 19 June 2013, a zero-coupon bond with a 2.53% yield maturing in December 2018; €107.5 million were outstanding by the end of 2013.","year":"2013"},{"event_id":"e-3783554e80","date":"2013-05-30","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS issues its first comprehensive EB-5 policy memorandum","description":"A 27-page memorandum gathers EB-5 eligibility guidance in one document for the first time (including bridge financing and deference to targeted-employment-area designations by states).","source_id":"usa-dhsoig-14-19-2013","location":"PDF p. 34, Appendix B, memo p. 10 (scan; imperfect text layer)","quote":"issued a 27-pagc EB-5 policy memorandum that. for the first time in","countries":"","short_title":"USCIS issues its first comprehensive EB-5 policy memorandum","plain_summary":"","year":"2013"},{"event_id":"e-dddf2e6802","date":"2013-05-06","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS opens the Immigrant Investor Program Office in Washington","description":"Announced on 3 December 2012, the new headquarters office devoted to EB-5 adjudications opened on 6 May 2013, staffed with economists and officers with business and legal expertise plus fraud and national-security staff; EB-5 work moved there from the California Service Center.","source_id":"usa-dhsoig-eb5-mayorkas-2015","location":"PDF p. 77, Appendix C (statement of Alejandro Mayorkas)","quote":"new program office, which officially opened on May 6,2013","countries":"","short_title":"USCIS opens the Immigrant Investor Program Office in Washington","plain_summary":"","year":"2013"},{"event_id":"e-5ccae6b2e2","date":"2013-05","date_precision":"month","jurisdiction":"KOR","program_id":"kor-public-investment-immigration","category":"launch","title":"Public-project investment immigration launched","description":"General (500m won) and retirement (300m won, age 55+) investor-immigration schemes started; the high-value scheme (1.5bn won) followed in October 2014.","source_id":"kor-moj-public-investment-2023","location":"p. 1, table","quote":"5억 원 이상 투자 시 거주(F-2) 자격을 부여하고, 5년 간 투자 유지 시 영주(F-5) 자격을 부여하는 제도(’13. 5월 시행)","countries":"","short_title":"South Korea launches public-project investment immigration","plain_summary":"In May 2013 South Korea started general (500 million won) and retirement (300 million won, age 55 and over) investor schemes. A high-value scheme of 1.5 billion won followed in October 2014.","year":"2013"},{"event_id":"e-e83411b570","date":"2013-04-18","date_precision":"day","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"launch","title":"Greece creates five-year residence permit for property owners (EUR 250,000)","description":"Law 4146/2013 (ΦΕΚ Α 90, 18.4.2013), art. 6(2), adds art. 36A to Law 3386/2005: five-year renewable residence for third-country nationals owning or intending to buy property of at least EUR 250,000, and their families. Date is the Gazette issue date as cited in circulars.","source_id":"grc-ypes-circular-13-2013","location":"p. 1","quote":"στο ΦΕΚ 90 Α΄ δημοσιεύτηκε ο ν. 4146/2013 «Διαμόρφωση Φιλικού Αναπτυξιακού Περιβάλλοντος για τις Στρατηγικές και Ιδιωτικές Επενδύσεις και άλλες διατάξεις»","countries":"","short_title":"Greece offers residence permits to property buyers","plain_summary":"Greece created a five-year, renewable residence permit for non-EU nationals who buy property worth at least EUR 250,000, plus their families.","year":"2013"},{"event_id":"e-481c22a824","date":"2013-02-20","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"rule_change","title":"Bond decree sets EUR 250,000 face value and annual series","description":"NGM Decree 4/2013 (19 Feb 2013, in force next day) fixes the bond at EUR 250,000 face value, one series per year, discount pricing, five-year term, sold by ÁKK only to the approved intermediaries without investment firms.","source_id":"hun-mk-ngm-decree-4-2013","location":"PDF p. 13, ss. 1-4","quote":"államkötvény) névértéke 250 000 euró. Az államkötvényből egy naptári évben egy sorozat kerül forgalomba hozatalra.","countries":"","short_title":"Hungary sets residency bond at €250,000 face value","plain_summary":"A government decree fixed Hungary's residency bond at €250,000 face value, with one series issued each year, a five-year term, sold only through approved intermediaries.","year":"2013"},{"event_id":"e-dcc0de713c","date":"2013-02-08","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"scandal","title":"SEC freezes assets in Chicago Convention Center EB-5 scheme","description":"The SEC charged Anshoo R. Sethi, A Chicago Convention Center and Intercontinental Regional Center Trust of Chicago with selling more than $145 million in securities and collecting $11 million in administrative fees from over 250 mostly Chinese investors for a hotel and convention project, using falsified documents submitted to USCIS. Allegations at filing; an asset freeze preserved most of the money.","source_id":"usa-sec-pr-2013-20","location":"press release, 2nd paragraph","quote":"fraudulently sold more than $145 million in securities and collected $11 million in administrative fees from more than 250 investors primarily from China","countries":"","short_title":"US regulator freezes assets in Chicago investor-visa fraud scheme","plain_summary":"The US markets regulator accused organisers of a Chicago hotel investment scheme of fraudulently selling over US$145 million in securities to more than 250 mostly Chinese investors, using false immigration documents.","year":"2013"},{"event_id":"e-e55ae4a573","date":"2013-01-28","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Ministerial order lowers job-creation route to 10 jobs and sets minimum stay","description":"Joint order (Despacho) 1661-A/2013 of the Foreign and Interior Ministers amended Despacho 11820-A/2012: the job-creation route was cut from 30 to 10 jobs and the minimum stay set at 7 days in the first year and 14 days in later periods. IGAI later called the job change unlawful because an order cannot amend the law.","source_id":"prt-igai-ari-audit-2014","location":"PDF p. 9, 63, 92-93","quote":"o despacho n.º 1661-A/2013 alterou a redação da alínea b), do n.º 1, do artigo 3.º do despacho n.º 11.820-A/2012","countries":"","short_title":"Ministerial order lowers job-creation route to 10 jobs and sets minimum stay","plain_summary":"","year":"2013"},{"event_id":"e-dae00076b4","date":"2013-01-28","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Despacho 1661-A/2013 amends the ARI requirements","description":"Amendment of the ARI regulatory order Despacho 11820-A/2012, as cited in SEF's 2013 report; the report does not describe the changes.","source_id":"prt-sef-rifa-2013","location":"PDF p. 13 (printed p. 12)","quote":"com as alterações introduzidas pelo Despacho n.º 1661-A/2013, de 28 de janeiro","countries":"","short_title":"Despacho 1661-A/2013 amends the ARI requirements","plain_summary":"","year":"2013"},{"event_id":"e-8689b1e2d3","date":"2013-01-28","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Portugal ARI implementing order (Despacho 1661-A/2013 of 28 January 2013)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 says the Portuguese scheme was amended in 2013; endnote 194 cites Despacho n.º 1661-A/2013 of 28 January 2013 of the Ministries of Foreign Affairs and Internal Affairs on the residence authorisation for investment.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 82 (printed p. 80), endnote 194 (to Annex 1)","quote":"Despacho n.º 1661-A/2013, de 28 de janeiro de 2013","countries":"","short_title":"Portugal ARI implementing order (Despacho 1661-A/2013 of 28 January 2013)","plain_summary":"","year":"2013"},{"event_id":"e-81f36c4177","date":"2013-01","date_precision":"month","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"SRRV Expanded Courtesy option introduced","description":"The SRRV Expanded Courtesy option (low deposit) for retired ambassadors and diplomats, retirees of the UN, World Bank and IMF, honorary consuls, prize winners, scientists and engineers dates from January 2013 per the 2017 report.","source_id":"phl-pra-ar-2017","location":"PDF p. 5, What do we offer?","quote":"SRRV Expanded Courtesy (Jan 2013)","countries":"","short_title":"SRRV Expanded Courtesy option introduced","plain_summary":"","year":"2013"},{"event_id":"e-6bb06318bb","date":"2013","date_precision":"year","jurisdiction":"ESP","program_id":"esp-golden-visa","category":"launch","title":"Spain investor residence established 2013 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2013, amended 2015 (endnote 195 cites Law 14/2013 and Act 25/2015).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Spain 2013, amended in 2015","countries":"","short_title":"Spain investor residence established 2013 (TI annex)","plain_summary":"","year":"2013"},{"event_id":"e-9367697e26","date":"2013","date_precision":"year","jurisdiction":"FRA","program_id":"fra-exceptional-contribution","category":"launch","title":"France's EUR 10 million investor residence listed with inception year 2013 (IMF)","description":"IMF Table 1 lists a French residency programme with inception year 2013 and minimum investment EUR 10 million (residency requirement N.A., citizenship qualifying period 5 years); para 5 says France recently introduced a new residency programme. Transparency International (2018) instead dates a French scheme to 2009, citing Decree No 2009-1114 (not recorded as an event because its row mixes in the passeport talent).","source_id":"intl-imf-wp-15-93","location":"PDF p. 6 (printed p. 5), Table 1 'Selected Economic Citizenship/Residency Programs Worldwide'","quote":"France 2013 EUR 10 million N.A 5 years","countries":"","short_title":"France's EUR 10 million investor residence listed with inception year 2013 (IMF)","plain_summary":"","year":"2013"},{"event_id":"e-05c1d3ff16","date":"2013","date_precision":"year","jurisdiction":"GRC","program_id":"grc-golden-visa","category":"launch","title":"Greece golden visa established 2013 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2013 for Greece's RBI (endnote 185 cites Law 4251/2014 and Law 4332/2015).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Greece 2013","countries":"","short_title":"Greece golden visa established 2013 (TI annex)","plain_summary":"","year":"2013"},{"event_id":"e-7aa43d1f92","date":"2013","date_precision":"year","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"launch","title":"Hungary residency bond programme established 2013 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2013, amended 2014; endnote 186 cites Act CCXX of 2012 (27 December 2012) amending the 2007 Act on entry and stay.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Hungary 2013, amended in 2014 Terminated in July 2018","countries":"","short_title":"Hungary residency bond programme established 2013 (TI annex)","plain_summary":"","year":"2013"},{"event_id":"e-f1c1ed79c3","date":"2013","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"rule_change","title":"REIT option announced (late 2013)","description":"The Minister for Finance said that in late 2013 his predecessor and the Minister for Justice announced REIT investments as a further option, added to the 5 options already in place, with conditions on minimum investment and withdrawal. The 2014 programme guidelines then set out the option's terms (EUR 2m minimum).","source_id":"irl-oir-wa-2021-05-27","location":"Written answer 27 May 2021, Q137 [29010/21] (Minister for Finance)","quote":"in late 2013 the former Minister for Finance, in conjunction with the then Minister for Justice and Equality, announced the addition of REIT investments to the 5 investment options","countries":"","short_title":"REIT option announced (late 2013)","plain_summary":"","year":"2013"},{"event_id":"e-77e9c9f841","date":"2013","date_precision":"year","jurisdiction":"NLD","program_id":"nld-investor-residence","category":"launch","title":"Netherlands investor residence scheme established 2013 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2013; endnote 193 cites the Decree of 23 September 2013 on the entry into force of the Modern Migration Act.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Netherlands 2013","countries":"","short_title":"Netherlands investor residence scheme established 2013 (TI annex)","plain_summary":"","year":"2013"},{"event_id":"e-4350991dad","date":"2012-12-28","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"launch","title":"Hungary creates residence permits for buyers of special government bonds","description":"Act CCXX of 2012 (adopted 11 Dec, promulgated 27 Dec 2012, in force next day) amends Act II of 2007: residence in the 'national economic interest' for holders of at least EUR 250,000 of securities issued by intermediaries approved by Parliament's economic committee (one per country), which buy zero-coupon Hungarian bonds; settlement permit after six months.","source_id":"hun-mk-act-ccxx-2012","location":"PDF pp. 272-273 (printed pp. 37386-37387), ss. 1-4","quote":"Az Országgyűlés gazdasági ügyekért felelős állandó bizottsága országonként csak egy vállalkozást hagyhat jóvá.","countries":"","short_title":"Hungary creates residence permits for buyers of government bonds","plain_summary":"A December 2012 law let Hungary grant residence in the 'national economic interest' to holders of at least EUR 250,000 in approved zero-coupon Hungarian bonds, with a settlement permit available after six months.","year":"2012"},{"event_id":"e-1ed1fa2f1d","date":"2012-12-11","date_precision":"day","jurisdiction":"HUN","program_id":"hun-residency-bond","category":"legal","title":"Hungarian Parliament adopts the residency bond amendment (Act CCXX of 2012)","description":"Parliament adopted Act CCXX of 2012, adding the residence permit for investors in special government bonds (s. 28(3)-(11) of Act II of 2007), on 11 December 2012; it entered into force the day after promulgation in Magyar Közlöny 2012/180.","source_id":"hun-mk-act-ccxx-2012","location":"PDF p. 272, footnote to the title","quote":"A törvényt az Országgyûlés a 2012. december 11-i ülésnapján fogadta el.","countries":"","short_title":"Hungarian Parliament adopts the residency bond amendment (Act CCXX of 2012)","plain_summary":"","year":"2012"},{"event_id":"e-fdf98d03d9","date":"2012-11-24","date_precision":"day","jurisdiction":"AUS","program_id":"aus-siv","category":"launch","title":"Significant Investor stream introduced (24 November 2012)","description":"Day-precise launch date of the SIV stream; the existing event e-0892933971 (from the 2019 discussion paper) gives only the month.","source_id":"aus-dha-foi-160600956-2016","location":"p. 1, note under the introduction","quote":"Note that the SIV stream was introduced on 24th November 2012","countries":"","short_title":"Significant Investor stream introduced (24 November 2012)","plain_summary":"","year":"2012"},{"event_id":"e-9a0c70a559","date":"2012-11-09","date_precision":"day","jurisdiction":"MEX","program_id":"mex-investor-residence","category":"launch","title":"Migration procedure guidelines set the investor route to temporary residence","description":"The Lineamientos para trámites y procedimientos migratorios (DOF 8 Nov 2012) allow temporary residence for an investor holding shares or business assets worth 20,000 days of the Federal District general minimum wage, or whose business creates five formal jobs; they entered into force the day after publication.","source_id":"mex-dof-lineamientos-tramites-2012","location":"Transitorios, Primero; investor case under 'II. El supuesto de inversionista'","quote":"Los presentes Lineamientos entrarán en vigor al día siguiente de su publicación en el Diario Oficial de la Federación.","countries":"","short_title":"Migration procedure guidelines set the investor route to temporary residence","plain_summary":"","year":"2012"},{"event_id":"e-0892933971","date":"2012-11","date_precision":"month","jurisdiction":"AUS","program_id":"aus-siv","category":"launch","title":"Significant Investor visa introduced ($5 million)","description":"Significant Investor stream of subclass 188 introduced: $5 million complying investment held for four years, with a light residence requirement and no points test.","source_id":"aus-dha-biip-discussion-paper-2019","location":"p. 4","quote":"Significant Investor – $5 million for four years, introduced in November 2012","countries":"","short_title":"Australia launches an A$5 million investor visa","plain_summary":"In November 2012 Australia introduced a Significant Investor visa requiring A$5 million in complying investments held for four years, with a light residence requirement and no points test.","year":"2012"},{"event_id":"e-22551530d9","date":"2012-10-16","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"Government says GIP assessment criteria were recently reviewed and tightened","description":"Asked about foreigners involved in embezzlement, the Minister of State said the criteria had been reviewed and tightened (notarised documents, bank references, declarations of criminal convictions, screening by other agencies). The Oct 2012 factsheet shows higher turnover thresholds (S$50 million; S$200 million for real estate and construction firms) and requires Option B funds to invest in Singapore-based companies. Exact date of the change not found.","source_id":"sgp-parl-oa-gip-2012","location":"oral answer, p. 972","quote":"The assessment criteria for applicants under the Global Investor Programme (GIP) was reviewed and tightened recently.","countries":"","short_title":"Singapore tightens checks on its investor residence programme","plain_summary":"Asked about foreigners involved in embezzlement, Singapore's minister said screening for its investor residence programme had been tightened, with higher turnover thresholds of S$50 million, or S$200 million for real estate and construction firms.","year":"2012"},{"event_id":"e-ac3847f304","date":"2012-10-08","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"launch","title":"Golden visa (ARI) regime enters into force","description":"Law 29/2012 entered into force 60 days after publication; the first two ARI permits were granted in 2012, both for capital transfers.","source_id":"prt-aima-web-ari-2026","location":"web page","quote":"em vigor desde o dia 8 de outubro de 2012","countries":"","short_title":"Portugal's golden visa regime takes effect in 2012","plain_summary":"Portugal's golden visa law took effect on 8 October 2012, and the first two permits were granted that year, both for capital transfers.","year":"2012"},{"event_id":"e-56c4aebad6","date":"2012-10-04","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"price_change","title":"First ARI fees set: EUR 5,000 per permit","description":"Portaria 305-A/2012 sets EUR 500 for analysis, EUR 5,000 to issue an investor or family permit and EUR 2,500 per renewal, in force 8 Oct 2012; issue and renewal revenue split equally between SEF and the Foreign Ministry's FRI.","source_id":"prt-port-305a-2012","location":"PDF p. 3","quote":"A presente portaria entra em vigor no dia 8 de outubro","countries":"","short_title":"Portugal sets fees for its golden visa in 2012","plain_summary":"A 2012 order set Portugal's golden visa fees at EUR 500 to analyse an application, EUR 5,000 to issue an investor or family permit, and EUR 2,500 per renewal.","year":"2012"},{"event_id":"e-4d54a95d86","date":"2012-09-13","date_precision":"day","jurisdiction":"CYM","program_id":"cym-sbp","category":"price_change","title":"First fees set for the business presence certificate","description":"New Schedule 1 of the Immigration Regulations (made 3 Sept 2012) set CI$1,000 to apply for a Residency Certificate (Substantial Business Presence), CI$5,000 to issue it, CI$1,000 per dependant and CI$500 to vary it, plus an annual fee equal to the work permit fee for the holder's occupation. The same schedule lists CI$500/CI$20,000 for the 25-year independent-means certificate and CI$1,000/CI$20,000 for the Certificate of Direct Investment.","source_id":"cym-imm-amend2-regs-2012","location":"PDF p. 15, Schedule 1","quote":"Issue fee for Residency Certificate (Substantial Business Presence) 5,000","countries":"","short_title":"First fees set for the business presence certificate","plain_summary":"","year":"2012"},{"event_id":"e-356c90f695","date":"2012-09-04","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Despacho 11820-A/2012 sets the ARI requirements","description":"SEF's 2013 report says the ARI requirements are set by the Immigration Act and its regulatory instruments, Despacho 11820-A/2012 of 4 September, as amended by Despacho 1661-A/2013 of 28 January.","source_id":"prt-sef-rifa-2013","location":"PDF p. 13 (printed p. 12)","quote":"instrumentos de regulamentação (Despacho n.º 11820-A/2012, de 4 de setembro, com as alterações introduzidas pelo Despacho n.º 1661-A/2013, de 28 de janeiro)","countries":"","short_title":"Despacho 11820-A/2012 sets the ARI requirements","plain_summary":"","year":"2012"},{"event_id":"e-3c611035ac","date":"2012-08-13","date_precision":"day","jurisdiction":"TCA","program_id":"tca-investor-residence-permit","category":"launch","title":"TCI introduces a 10-year investor residence permit; PRC moratorium lifted 10 September 2012","description":"New immigration rules signed on 23 July 2012 created a residence permit of up to ten years for investors of US$500,000 (Providenciales/West Caicos) or US$250,000 (other islands) from 13 August 2012, and lifted the moratorium on PRC applications on 10 September 2012.","source_id":"tca-rtc-imm-law-2012","location":"bullet on Schedule 3","quote":"From 13th August, it will be possible for someone who has invested $500,000.00 or more in Providenciales or West Caicos, or $250,000.00 or more in Grand Turk or the family Islands, to obtain a residence permit for up to ten years.","countries":"","short_title":"Turks and Caicos introduces a 10-year investor residence permit","plain_summary":"From 13 August 2012 investors of US$500,000 in Providenciales or West Caicos, or US$250,000 elsewhere, could get a permit for up to ten years. A pause on permanent residence applications ended 10 September 2012.","year":"2012"},{"event_id":"e-1986d44672","date":"2012-08-09","date_precision":"day","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"rule_change","title":"Law 29/2012 creates the investment residence permit (ARI)","description":"Amendment to the Foreigners Act (Law 23/2007) adds \"investment activity\" (capital transfer of EUR 1m, 30 jobs, or real estate of EUR 500k, kept for five years) and art. 90-A: residence permit without a residence visa, renewable, with family reunification.","source_id":"prt-law-29-2012","location":"PDF p. 2","quote":"Aquisição de bens imóveis de valor igual ou superior a 500 mil euros","countries":"","short_title":"Portugal creates its golden visa investment residence permit","plain_summary":"A 2012 amendment to Portugal's foreigners law created Portugal's golden visa: residence for a EUR 1 million capital transfer, 30 jobs created, or EUR 500,000 of real estate held for five years.","year":"2012"},{"event_id":"e-dfbc4ae374","date":"2012-08-03","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress drops 'pilot' from the Regional Center Program's name","description":"The regional center programme stops being called a pilot; its authorisation was then due to expire on 30 September 2015.","source_id":"usa-dhsoig-14-19-2013","location":"PDF p. 6 (printed p. 2), footnote 1","quote":"On August 3, 2012, Congress removed the word “pilot” from the regional center program’s name","countries":"","short_title":"Congress drops 'pilot' from the Regional Center Program's name","plain_summary":"","year":"2012"},{"event_id":"e-64cb15a51a","date":"2012-07-23","date_precision":"day","jurisdiction":"TCA","program_id":"tca-investor-residence-permit","category":"legal","title":"Governor signs the Immigration (Amendment) Ordinance and Regulations 2012 (reported)","description":"The amendments creating the investor residence permit were signed on 23 July 2012; most provisions took effect on 13 August 2012 and the new PRC rules on 10 September 2012.","source_id":"tca-rtc-imm-law-2012","location":"para 1","quote":"His Excellency the Governor signed the Immigration (Amendment) Ordinance and Immigration (Amendment) Regulations 2012 into law on Mon, 23 July 2012.","countries":"","short_title":"Governor signs the Immigration (Amendment) Ordinance and Regulations 2012 (reported)","plain_summary":"","year":"2012"},{"event_id":"e-3d03fa6f1e","date":"2012-07-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-biip","category":"launch","title":"Business Innovation and Investment Program commences (1 July 2012)","description":"Home Affairs FOI release dates the commencement of the BIIP (subclasses 188 and 888) to 1 July 2012. Day-precise account beside e-51d9cba7c3 (2019 discussion paper, July 2012). The amending regulations themselves are not stored.","source_id":"aus-dha-foi-160600956-2016","location":"p. 1, paragraph below the first bullet","quote":"since the commencement of the programme on 1 July 2012 to 31 May 2016","countries":"","short_title":"Business Innovation and Investment Program commences (1 July 2012)","plain_summary":"","year":"2012"},{"event_id":"e-40b8a8e2ab","date":"2012-07-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-iip","category":"rule_change","title":"Federal investor intake paused","description":"CIC stopped accepting new federal Investor class applications from 1 July 2012.","source_id":"can-cic-eval-bip-2014","location":"Section 1.2.1","quote":"As of July 1, 2012, CIC stopped accepting applications for the federal IN class","countries":"","short_title":"Canada stops taking new federal investor applications","plain_summary":"From 1 July 2012 Canada's immigration department stopped accepting applications for the federal investor category.","year":"2012"},{"event_id":"e-51d9cba7c3","date":"2012-07","date_precision":"month","jurisdiction":"AUS","program_id":"aus-biip","category":"launch","title":"Business Innovation and Investment Program replaces Business Skills program; Investor stream at $1.5 million","description":"The BIIP (subclass 188 provisional, 888 permanent, 132 Business Talent) was created in 2012 to replace the Business Skills program, with a provisional-to-permanent pathway built around state and territory nomination. The Investor stream required a $1.5 million investment in state/territory bonds.","source_id":"aus-dha-biip-discussion-paper-2019","location":"p. 4","quote":"Investor – $1.5 million for four years, introduced in July 2012","countries":"","short_title":"Australia launches a business and investor visa programme","plain_summary":"In July 2012 Australia replaced its Business Skills programme with the Business Innovation and Investment Program, including an Investor stream requiring A$1.5 million in state or territory bonds for four years.","year":"2012"},{"event_id":"e-02a8cb30c6","date":"2012-06-27","date_precision":"day","jurisdiction":"AND","program_id":"and-passive-residence","category":"launch","title":"Andorra makes passive residence conditional on a EUR 400,000 investment","description":"Llei 9/2012 of 31 May 2012, in force on publication in the BOPA of 27 June 2012, requires holders of residence without gainful activity to invest at least EUR 400,000 in Andorran assets (art. 96).","source_id":"and-bopa-llei-9-2012","location":"PDF p. 31 (BOPA p. 2639), Disposició final","quote":"Aquesta Llei entra en vigor el mateix dia de ser publicada al Butlletí Oficial del Principat d’Andorra.","countries":"","short_title":"Andorra makes passive residence conditional on a EUR 400,000 investment","plain_summary":"","year":"2012"},{"event_id":"e-a6686c1dba","date":"2012-06-18","date_precision":"day","jurisdiction":"PAN","program_id":"pan-friendly-nations","category":"legal_basis","title":"Friendly Nations residence regulated (DE 416), replacing May 2012 decree","description":"Decreto Ejecutivo 416 of 13 June 2012 creates permanent residence for nationals of 24 listed countries who carry out an economic or professional activity, and repeals DE 343 of 16 May 2012. Date is the gazette date.","source_id":"pan-go-de416-2012","location":"p. 10, art. 7","quote":"Ejecutivo deroga el \"Decreto Ejecutivo No.343 de 16 de","countries":"","short_title":"Panama regulates its Friendly Nations residence programme","plain_summary":"A June 2012 Panamanian decree created permanent residence for nationals of 24 listed countries carrying out an economic or professional activity in Panama, replacing an earlier May 2012 decree.","year":"2012"},{"event_id":"e-e769dfb540","date":"2012-06-05","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-permanent","category":"launch","title":"Cayman creates permanent residence for persons of independent means","description":"The Immigration (Amendment) Law 2012 inserted s.34A (certificate of permanent residence for persons of independent means, by investment in developed real estate, without the right to work) and s.37D (residency certificate for a substantial business presence). Date is the gazette publication; commencement not checked.","source_id":"cym-imm-amend-law-2012","location":"p. 3, long title","quote":"TO CREATE A NEW CATEGORY OF PERMANENT RESIDENCE FOR PERSONS OF INDEPENDENT MEANS AND A NEW RESIDENCE CATEGORY FOR PERSONS WHO ESTABLISH A SUBSTANTIAL BUSINESS PRESENCE","countries":"","short_title":"Cayman Islands creates permanent residence for people of independent means","plain_summary":"A 2012 law created permanent residence for people of independent means who invest in developed real estate, without the right to work. It also created a residency category for substantial business presence.","year":"2012"},{"event_id":"e-a4a7cd6c12","date":"2012-06-05","date_precision":"day","jurisdiction":"CYM","program_id":"cym-cdi","category":"rule_change","title":"Cayman drops the personal net worth requirement for the Certificate of Direct Investment","description":"The Immigration (Amendment) Law 2012 deleted from s.37A(1) the requirement that an applicant for a Certificate of Direct Investment have a personal net worth in a prescribed amount, and lowered a figure in the definition of \"employment generating business\" from fifty to thirty (the definition itself is not printed in the amending Law). Date is the gazette publication (assented 1 May 2012); commencement not stated.","source_id":"cym-imm-amend-law-2012","location":"PDF p. 6, s.10; PDF p. 3, s.2(a)","quote":"by deleting the words “has a personal net worth in the prescribed amount and”","countries":"","short_title":"Cayman drops the personal net worth requirement for the Certificate of Direct Investment","plain_summary":"","year":"2012"},{"event_id":"e-7081170122","date":"2012-06-05","date_precision":"day","jurisdiction":"CYM","program_id":"cym-sbp","category":"launch","title":"Cayman creates the Residency Certificate (Substantial Business Presence)","description":"The Immigration (Amendment) Law 2012 inserted s.37D: residence for owners of at least 10% of, or senior managers in, an approved category of business with a substantial presence in the Islands, resident at least 90 days a year; a 6-month approval-in-principle certificate and a 25-year renewable certificate with the right to work in the business. Date is the gazette publication (passed 5 April 2012, assented 1 May 2012); commencement not stated.","source_id":"cym-imm-amend-law-2012","location":"PDF p. 7, s.12","quote":"A NEW RESIDENCE CATEGORY FOR PERSONS WHO ESTABLISH A SUBSTANTIAL BUSINESS PRESENCE","countries":"","short_title":"Cayman creates the Residency Certificate (Substantial Business Presence)","plain_summary":"","year":"2012"},{"event_id":"e-232378ae87","date":"2012-04-15","date_precision":"day","jurisdiction":"IRL","program_id":"irl-iip","category":"launch","title":"Ireland opens the Immigrant Investor Programme","description":"Approved by Government in January 2012 (announced 24 January) under the Action Plan for Jobs, the IIP opened for applications on 15 April 2012 with four options: EUR 2m bond, EUR 1m enterprise investment, EUR 1m mixed property/bond, EUR 500k endowment. No legislation: it rests on a Government decision and ministerial guidelines.","source_id":"irl-inis-launch-pr-2012","location":"Launch statement, para 2","quote":"The programmes will be open for applications from 15 April.","countries":"","short_title":"Ireland opens its Immigrant Investor Programme in 2012","plain_summary":"Ireland's Immigrant Investor Programme opened on 15 April 2012, offering a EUR 2 million bond, a EUR 1 million enterprise investment, a mixed property-and-bond option, or a EUR 500,000 endowment.","year":"2012"},{"event_id":"e-b17d48d756","date":"2012-04-15","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-fis","category":"closure","title":"Financial Investor Scheme ends","description":"The Financial Investor Scheme, a separate investor-PR route (1,080 investors granted PR 2004-2012), ceased.","source_id":"sgp-parl-wa-fis-2012","location":"written answer, p. 919","quote":"The FIS has ceased with effect from 15 April 2012.","countries":"","short_title":"Singapore ends its Financial Investor Scheme in 2012","plain_summary":"Singapore's Financial Investor Scheme, a separate residence route that gave permanent residency to 1,080 investors between 2004 and 2012, ceased on 15 April 2012.","year":"2012"},{"event_id":"e-68dc01febc","date":"2012-04","date_precision":"month","jurisdiction":"IRL","program_id":"irl-iip","category":"context","title":"IIP rests on a Government decision, not legislation","description":"The minister told the Dail in 2022 that the programme was introduced by Government Decision in April 2012, at a time of severe downturn, as part of the Action Plan for Jobs 2012.","source_id":"irl-oir-wa-2022-05-04","location":"Written answer 4 May 2022, Q405-408, para 1","quote":"The Immigrant Investor Programme (IIP) was introduced by Government Decision in April 2012","countries":"","short_title":"Ireland's investor programme rests on a government decision","plain_summary":"Ireland's minister told parliament in 2022 that the Immigrant Investor Programme was introduced by government decision in April 2012, during a severe economic downturn, as part of a jobs plan.","year":"2012"},{"event_id":"e-7c2ce57cae","date":"2012","date_precision":"year","jurisdiction":"CYP","program_id":"cyp-golden-visa","category":"launch","title":"Cyprus investor residence (Immigration Permit) scheme established 2012 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 and Annex 4 give 2012 for Cyprus's RBI; endnote 183 cites the Ministry of Interior's accelerated procedure of 29 August 2012.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Cyprus RBI: 2012","countries":"","short_title":"Cyprus investor residence (Immigration Permit) scheme established 2012 (TI annex)","plain_summary":"","year":"2012"},{"event_id":"e-86a031f9a3","date":"2012","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"launch","title":"Ireland Immigrant Investor Programme established 2012 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2012 for Ireland's RBI (endnote 188 cites the INIS IIP page).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Ireland 2012","countries":"","short_title":"Ireland Immigrant Investor Programme established 2012 (TI annex)","plain_summary":"","year":"2012"},{"event_id":"e-5479679f26","date":"2012","date_precision":"year","jurisdiction":"IRL","program_id":"irl-iip","category":"launch","title":"Irish Immigrant Investor Programme introduced in 2012 (Department of Justice evaluation)","description":"The Department's interim evaluation says the programme was introduced in 2012 and had been in operation for around 5 years.","source_id":"irl-doj-iip-interim-eval","location":"PDF p. 9 (printed p. 2), section 1.3","quote":"The program was introduced in 2012 and has been in operation for around 5 years.","countries":"","short_title":"Irish Immigrant Investor Programme introduced in 2012 (Department of Justice evaluation)","plain_summary":"","year":"2012"},{"event_id":"e-516627a885","date":"2012","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"context","title":"Export and Industry Bank, a former SRRV depository bank, closed holding retirees' deposits","description":"COA noted that the de-accredited servicing bank Export and Industry Bank closed in 2012 while holding visa deposits of P33.939 million for 28 retiree-members; PRA had not disclosed it.","source_id":"phl-coa-pra-aar-2021","location":"PDF p. 92 (report p. 83), observation 7.12","quote":"no accrual for the de-accredited servicing Bank Export and Industry Bank due to its closure in CY 2012","countries":"","short_title":"Export and Industry Bank, a former SRRV depository bank, closed holding retirees' deposits","plain_summary":"","year":"2012"},{"event_id":"e-da1e082a40","date":"2012","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"Courtesy SRRV expanded to retired diplomats, international-organisation staff, award winners and others","description":"PRA expanded the Courtesy SRRV (low-deposit option) to retired ambassadors and diplomats (even without Philippine service), retirees of the UN, World Bank and IMF, honorary consuls, prize winners, scientists, foreign professors, retired military of treaty partners, high achievers, Peace Corps and aid-agency retirees and international philanthropists. Date not printed; described as current in the 2012 report.","source_id":"phl-pra-ar-2012","location":"PDF pp. 6-7, \"Developing the SRRV Product Line\"","quote":"We now have an expanded version of the Courtesy SRRV, covering the following:","countries":"","short_title":"Courtesy SRRV expanded to retired diplomats, international-organisation staff, award winners and others","plain_summary":"","year":"2012"},{"event_id":"e-67375112f4","date":"2011-12-15","date_precision":"day","jurisdiction":"KOR","program_id":"kor-fdi-investor-residence","category":"rule_change","title":"Korea: residence (F-2) for investors of US$500,000 after 3 years in D-8, or US$300,000 with 2 Korean employees","description":"Presidential Decree No. 23274 (1 Nov 2011, in force 15 Dec 2011) adds annex 1 item 27(라): F-2 for foreign investors under the Foreign Investment Promotion Act who invested US$500,000 and stayed 3 years in D-8, or invested US$300,000 and employ 2 or more Koreans.","source_id":"kor-moleg-immigration-decree-2011","location":"Reasons for amendment, item 나; 부칙 제1조","quote":"미화 30만 달러 이상 투자하고 국민을 2명 이상 고용하고 있는 외국인에게도 거주(F-2) 체류자격을 부여할 수 있도록","countries":"","short_title":"Korea: residence (F-2) for investors of US$500,000 after 3 years in D-8, or US$300,000 with 2 Korean employees","plain_summary":"","year":"2011"},{"event_id":"e-05058511c8","date":"2011-10-19","date_precision":"day","jurisdiction":"DOM","program_id":"dom-investor-residence","category":"rule_change","title":"Migration regulation (Decreto 631-11) sets a US$200,000 minimum for residence by investment","description":"Decreto 631-11 creates the 'Programa de Permiso de Residencia a través de la Inversión' run by the DGM with the CEI-RD (art. 53) and sets the minimum investment at US$200,000, or an amount set by the Executive for designated investment projects (art. 55). Date is the signing date; publication date not found.","source_id":"dom-decreto-631-11","location":"PDF p. 26-27, arts. 53 and 55; p. 72 signature (OCR)","quote":"Doscientos Mil Dólares Norteamericanos (US$200,000.00) o su equivalente en moneda","countries":"","short_title":"Migration regulation (Decreto 631-11) sets a US$200,000 minimum for residence by investment","plain_summary":"","year":"2011"},{"event_id":"e-c0ef6ab6aa","date":"2011-09","date_precision":"month","jurisdiction":"VUT","program_id":"vut-hkpr","category":"launch","title":"Hong Kong Permanent Residency visa programme launched","description":"Residence visas for mainland Chinese investors seeking Hong Kong permanent residency.","source_id":"vut-imf-art4-2015","location":"PDF p. 45, Appendix III","quote":"residency visa program was launched in September 2011","countries":"","short_title":"Vanuatu starts selling residence visas to Chinese investors","plain_summary":"In September 2011 Vanuatu launched residence visas for mainland Chinese investors who wanted permanent residency in Hong Kong.","year":"2011"},{"event_id":"e-7ab34b74e6","date":"2011-08","date_precision":"month","jurisdiction":"NIC","program_id":"nic-investor-residence","category":"rule_change","title":"Nicaragua's Ley 761 enters into force, replacing the 1993 migration and aliens laws","description":"Art. 224 of Ley 761 puts it in force thirty days after publication in La Gaceta; the law was published in Nos. 125 and 126 of 6 and 7 July 2011, so it took effect on 5 or 6 Aug 2011 (counted by us; month given because publication spans two issues). Art. 222 repeals Ley 153 (Migración) and Ley 154 (Extranjería) of 1993. Category rule_change rather than launch because investor residence already existed under Ley 153 (see the 1993 event); a person should decide.","source_id":"nic-gaceta-126-2011-ley-761","location":"PDF p. 12, arts. 222 and 224","quote":"La presente Ley entrará en vigencia treinta días después de su publicación en La Gaceta, Diario Oficial.","countries":"","short_title":"Nicaragua's Ley 761 enters into force, replacing the 1993 migration and aliens laws","plain_summary":"","year":"2011"},{"event_id":"e-8045caaf95","date":"2011-07-06","date_precision":"day","jurisdiction":"NIC","program_id":"nic-investor-residence","category":"rule_change","title":"Nicaragua's Ley 761 sets out investor residence and a two-year path to nationality","description":"The new migration law (published from La Gaceta No. 125) lets foreigners who invest capital in lawful activities or in state securities acquire investor residence, certified by MIFIC, and lets investor residents naturalise after two years of permanent residence.","source_id":"nic-gaceta-125-2011-ley-761","location":"PDF p. 7, art. 35","quote":"Los extranjeros que inviertan su capital en cualquier ramo de la actividad económica lícita en Nicaragua, podrán adquirir la calidad de residente inversionista","countries":"","short_title":"Nicaragua's Ley 761 sets out investor residence and a two-year path to nationality","plain_summary":"","year":"2011"},{"event_id":"e-99b2490aa8","date":"2011-07-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-iip","category":"rule_change","title":"Cap of 700 new federal investor applications a year","description":"CIC capped new federal investor applications at 700 a year to manage the inventory.","source_id":"can-cic-eval-bip-2014","location":"Section 1.2.1","quote":"On July 1, 2011 CIC imposed an annual cap of seven hundred new applications as a means of managing the inventory of applications in progress.","countries":"","short_title":"Canada caps new federal investor applications at 700 a year","plain_summary":"On 1 July 2011 Canada's immigration department limited new federal investor applications to 700 a year, to manage the number of applications in progress.","year":"2011"},{"event_id":"e-0f8515bae0","date":"2011-06-29","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"legal","title":"Federal Council proposes reform of lump-sum taxation","description":"Message to Parliament proposing worldwide expenditure as the base, a federal minimum base of CHF 400,000 (indexed), at least seven times rent or three times board, cantonal minimums, both spouses to qualify, no lump-sum taxation for Swiss nationals in the arrival year, explicit wealth tax in cantons, and a five-year transition for existing cases. Adopted by Parliament on 28 Sep 2012, in force 1 Jan 2016 (see DBG).","source_id":"che-bbl-2011-6021","location":"PDF p. 1-2 (BBl pp. 6021-6022), Übersicht","quote":"Botschaft zum Bundesgesetz über die Besteuerung nach dem Aufwand vom 29. Juni 2011","countries":"","short_title":"Federal Council proposes reform of lump-sum taxation","plain_summary":"","year":"2011"},{"event_id":"e-7623dd1c3d","date":"2011-06-16","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"rule_change","title":"Stricter property rules and two business tiers","description":"Amendments of 26.05.2011 (in force 16.06.2011) require minimum cadastral values (LVL 30,000 / 10,000), restrict who the property may be bought from, and split the business route into LVL 25,000 (small company) and LVL 100,000.","source_id":"lva-likumi-immigration-law-2011-06","location":"Art. 23(1) p. 29(d)","quote":"kopējā kadastrālā vērtība to iegādes brīdī ir ne mazāka par 30 000 latu","countries":"","short_title":"Latvia tightens property rules for its investor residence scheme","plain_summary":"From June 2011 Latvia required higher minimum property values (LVL 30,000 or 10,000), restricted who sellers could be, and split the business investment route into two tiers, LVL 25,000 and LVL 100,000.","year":"2011"},{"event_id":"e-9ed7df8cfc","date":"2011-06-08","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"Development Bank of the Philippines made depository bank for SRRV visa deposits","description":"A memorandum of agreement made DBP an authorised depository bank for visa deposits under the new product offerings; deposits are remitted from abroad and certified by DBP.","source_id":"phl-pra-ar-2016","location":"PDF p. 78 (printed p. 77), Note 1","quote":"On June 8, 2011, a Memorandum of Agreement (MOA) was entered into by and between PRA and the Development Bank of the Philippines (DBP), making DBP as one of the authorized depository banks","countries":"","short_title":"Development Bank of the Philippines made depository bank for SRRV visa deposits","plain_summary":"","year":"2011"},{"event_id":"e-59711ca41e","date":"2011-05-15","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"legal","title":"Thurgau rejects abolition but tightens its minimums","description":"Thurgau voters rejected abolition on 15 May 2011 but accepted a government counter-proposal: a minimum tax of CHF 150,000 or, if higher, ten times the rent or imputed rent, or four times board costs, as the base.","source_id":"che-bbl-2011-6021","location":"PDF p. 6 (BBl p. 6026), section 1.1.5","quote":"Im Kanton Thurgau lehnten die Stimmbürger und Stimmbürgerinnen die Abschaffung der Aufwandbesteuerung am 15. Mai 2011 ab","countries":"","short_title":"Thurgau rejects abolition but tightens its minimums","plain_summary":"","year":"2011"},{"event_id":"e-42c0ea1bf5","date":"2011-05-05","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"SRRV options (SMILE, Classic, Human Touch, Courtesy) launched","description":"PRA introduced and launched the SRRV options for foreign retirees and former Filipinos on 5 May 2011, after the board decision of October 2010.","source_id":"phl-pra-ar-2019","location":"PDF p. 14, footnote","quote":"*05 May 2011, PRA introduced and launched various SRRV Options for foreign retirees and former Filipino citizens","countries":"","short_title":"SRRV options (SMILE, Classic, Human Touch, Courtesy) launched","plain_summary":"","year":"2011"},{"event_id":"e-3ec0ee8e9f","date":"2011-05-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"legal","title":"Glarus Landsgemeinde rejects abolition","description":"The Landsgemeinde of the canton of Glarus rejected abolition of lump-sum taxation on 1 May 2011.","source_id":"che-bbl-2011-6021","location":"PDF p. 6 (BBl p. 6026), section 1.1.5","quote":"Im Kanton Glarus wurde die Abschaffung der Aufwandbesteuerung in der Landsgemeinde vom 1. Mai 2011 abgelehnt.","countries":"","short_title":"Glarus Landsgemeinde rejects abolition","plain_summary":"","year":"2011"},{"event_id":"e-b628711570","date":"2011-05-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"context","title":"Alternative Linke launches federal initiative to abolish lump-sum taxation","description":"The Alternative Linke launched a national popular initiative to declare expenditure-based (lump-sum) taxation unconstitutional, following several cantonal initiatives.","source_id":"che-swissvotes-587","location":"p. 1, Vorgeschichte","quote":"Am 1. Mai 2011 lanciert die Alternative Linke eine nationale Initiative mit dem Ziel, die Besteuerung nach Aufwand (sog. Pauschalbesteuerung) in der Verfassung für unzulässig zu erklären.","countries":"","short_title":"Alternative Linke launches federal initiative to abolish lump-sum taxation","plain_summary":"","year":"2011"},{"event_id":"e-8eb93a7591","date":"2011-04-18","date_precision":"day","jurisdiction":"BHS","program_id":"bhs-epr","category":"price_change","title":"Bahamas raises fast-track permanent residency home value to US$1.5 million","description":"Prime Minister Ingraham's National Investment Policy raised the home value giving accelerated consideration of permanent residence from US$500,000 to US$1.5 million. Date is when the policy was tabled (later reports); the RTC report is dated 20 April 2011.","source_id":"bhs-rtc-accelerated-2011","location":"para 3","quote":"Previously, a policy designed to attract foreign investors allowed a person owning a home worth US$500,000 or more to receive speedy consideration by immigration officials.","countries":"","short_title":"Bahamas raises home value for fast-track residence to US$1.5 million","plain_summary":"Under a new investment policy, the home value qualifying for speedy consideration of permanent residence rose from US$500,000 to US$1.5 million. The date is when the policy was tabled, according to later reports.","year":"2011"},{"event_id":"e-69729f5e63","date":"2011-04-06","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"rule_change","title":"Accelerated settlement for GBP 5m and GBP 10m investors","description":"HC 863: investors can settle after 3 years with GBP 5m or after 2 years with GBP 10m; absences of up to 180 days a year allowed; first visa extended to 3 years 4 months.","source_id":"gbr-ho-hc863-2011","location":"PDF p. 57, explanatory memorandum para 7.8","quote":"A sum of £10 million or more for two years","countries":"","short_title":"The UK lets bigger investors settle faster","plain_summary":"From April 2011 the UK allowed investors to settle after three years with GBP 5 million, or two years with GBP 10 million, with up to 180 days a year allowed abroad.","year":"2011"},{"event_id":"e-7e03a03481","date":"2011-03-02","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"context","title":"Saeima committee partly supports the company-investment proposal","description":"At its 2 Mar 2011 meeting the Saeima Defence, Internal Affairs and Corruption Prevention Committee partly supported the proposal and adopted a two-tier company route: at least LVL 25,000 in a company with no more than 50 employees and turnover or balance sheet up to LVL 7 million paying at least LVL 20,000 in taxes a year, or LVL 100,000. This wording entered into force on 16 Jun 2011.","source_id":"lva-saeima-izmkom-jansons-2018","location":"PDF p. 8 (slide 8)","quote":"tika daļēji atbalstīts un iekļauts komisijas atbalstītā priekšlikumā","countries":"","short_title":"Saeima committee partly supports the company-investment proposal","plain_summary":"","year":"2011"},{"event_id":"e-a2828e0832","date":"2011-02-18","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"context","title":"MP's amendment proposal for the company-investment route submitted to the Saeima","description":"A proposal to the draft amendments to the Immigration Law, submitted to the Saeima on 18 Feb 2011, would have granted a five-year permit for investing at least LVL 25,000 in a company's share or equity capital (with at least LVL 20,000 in yearly taxes), or for investing in a company that invests at least LVL 100,000 in development projects in Latvia. Recorded in slides filed with a Saeima inquiry committee.","source_id":"lva-saeima-izmkom-jansons-2018","location":"PDF p. 7 (slide 7)","quote":"vai iegulda tādu kapitālsabiedrību pamatkapitālā vai pašu kapitālā, kuras investē attīstības projektos Latvijā ne mazāk kā 100 000 latu","countries":"","short_title":"MP's amendment proposal for the company-investment route submitted to the Saeima","plain_summary":"","year":"2011"},{"event_id":"e-57f78cbef7","date":"2011-01-01","date_precision":"day","jurisdiction":"MLT","program_id":"mlt-hnwi-non-eu","category":"launch","title":"High Net Worth Individuals (non-EU) rules take effect","description":"L.N. 403 of 2011 (S.L. 123.130) gives a 15% tax status to non-EU nationals who buy property of at least EUR 400,000 or rent at EUR 20,000 a year; the consolidated text gives the commencement as 1 January 2011.","source_id":"mlt-sl-123-130-2013","location":"PDF p. 1, heading of S.L. 123.130","quote":"HIGH NET WORTH INDIVIDUALS - NON-EU/EEA/SWISS NATIONALS RULES 1st January, 2011 * LEGAL NOTICE 403 of 2011","countries":"","short_title":"High Net Worth Individuals (non-EU) rules take effect","plain_summary":"","year":"2011"},{"event_id":"e-632c3f62d0","date":"2011-01-01","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"price_change","title":"Minimum investment raised to S$2.5 million; property option and parents dropped","description":"From 1 Jan 2011 the options became S$2.5 million in a business (A) or a GIP-approved fund (B); partial investment in residential property ended, and parents could no longer be included for PR.","source_id":"sgp-cs-gip-factsheet-2010","location":"PDF p. 4","quote":"Please note that the following changes in investment options will take effect from 1 January 2011","countries":"","short_title":"Singapore raises investor residence minimum to S$2.5 million","plain_summary":"From 1 January 2011 Singapore's investor residence programme required S$2.5 million in a business or an approved fund, while ending the partial property option and no longer allowing parents to be included.","year":"2011"},{"event_id":"e-57eced174c","date":"2011","date_precision":"year","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Regional centers must file an annual report (Form I-924A)","description":"From 2011 approved regional centers must report each year to USCIS on their investment projects and on management or ownership changes (Form I-924A).","source_id":"usa-dhsoig-14-19-2013","location":"PDF p. 27, Appendix B, memo p. 3 (scan; imperfect text layer)","quote":"in 2011 began requiring all regional centers to file","countries":"","short_title":"Regional centers must file an annual report (Form I-924A)","plain_summary":"","year":"2011"},{"event_id":"e-9daf22b020","date":"2011","date_precision":"year","jurisdiction":"ZAF","program_id":"zaf-business-visa-investor","category":"legal","title":"Immigration Act 2002 amended by the Immigration Amendment Act 13 of 2011","description":"The gov.za record of the Immigration Act lists it as amended by the Immigration Amendment Act 13 of 2011. The page does not say what changed; the year is the year in the Act's number. (The programme notes date the change from business permit to business visa to the 2011 amendments; not stated on this page.)","source_id":"zaf-govza-immigration-act-page","location":"Amendments list on the page","quote":"Amended by Immigration Amendment Act 13 of 2011","countries":"","short_title":"Immigration Act 2002 amended by the Immigration Amendment Act 13 of 2011","plain_summary":"","year":"2011"},{"event_id":"e-998a0c066d","date":"2010-12-01","date_precision":"day","jurisdiction":"CAN","program_id":"can-iip","category":"price_change","title":"Federal investor loan doubled to C$800,000","description":"Required investment raised from C$400,000 to C$800,000 and net worth from C$800,000 to C$1.6 million.","source_id":"can-cic-eval-bip-2014","location":"Section 1.2.1","quote":"The IN class was amended on December 1, 2010 when the required investment and personal net worth amounts were doubled, to $800,000 and $1.6 million respectively.","countries":"","short_title":"Canada doubles its federal investor loan to C$800,000","plain_summary":"From 1 December 2010 the required investment rose from C$400,000 to C$800,000, and the required net worth from C$800,000 to C$1.6 million.","year":"2010"},{"event_id":"e-e549b00718","date":"2010-10-14","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-cies","category":"price_change","title":"Threshold raised to HK$10 million; property no longer counts","description":"After a review, the minimum investment (and net-assets requirement) rises from HK$6.5m to HK$10m and real estate is suspended as a permissible asset. The government later told LegCo the property suspension was announced in the 13 Oct 2010 Policy Address 'in view of public concern on property prices and opinions of the Legislative Council members' (hkg-legco-lcq7-cies-2011).","source_id":"hkg-isd-pr-cies-amended-2010","location":"para 1","quote":"The Government announced today (October 13) that following a review, the following amendments will be introduced to the Capital Investment Entrant Scheme (CIES) with effect from October 14, 2010","countries":"","short_title":"Hong Kong raises investor minimum to HK$10 million and drops property","plain_summary":"From 14 October 2010 the minimum investment in Hong Kong's investor residence scheme rose from HK$6.5 million to HK$10 million, and property stopped counting. The government cited public concern about property prices.","year":"2010"},{"event_id":"e-251a45041d","date":"2010-10-14","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-cies","category":"rule_change","title":"Insurers allowed as CIES financial intermediaries","description":"Together with the HK$10 million threshold and the suspension of real estate, insurers authorised for Class C (linked long-term) business may act as the financial intermediary holding an entrant's designated investment account.","source_id":"hkg-immd-cies-announcement-2012","location":"paragraph 'Furthermore, with effect from the commencement date ...'","quote":"Furthermore, with effect from the commencement date, an insurer authorised to carry on Class C business as specified in Part 2 of the First Schedule to the Insurance Companies Ordinance is permitted to act as a financial intermediary for the purpose of the CIES.","countries":"","short_title":"Insurers allowed as CIES financial intermediaries","plain_summary":"","year":"2010"},{"event_id":"e-3c93870e11","date":"2010-10","date_precision":"month","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"PRA board rebrands the SRRV into SMILE, Classic, Courtesy and Human Touch options","description":"The PRA Board rationalised and expanded the retirement visa product line (Board Resolution No. 24, s. 2010): SMILE (deposit kept for end-of-term obligations, US$20,000), Classic (deposit convertible into investments), Courtesy (former diplomats and former Filipinos, US$1,500) and Human Touch (ailing retirees). The report dates the decision 20 October 2010 on p. 10 and 22 October 2010 (245th board meeting) on p. 78.","source_id":"phl-pra-ar-2016","location":"PDF p. 10 and p. 78","quote":"On October 20, 2010, the PRA Board rationalized, expanded and branded PRA’s retirement visa product-line","countries":"","short_title":"PRA board rebrands the SRRV into SMILE, Classic, Courtesy and Human Touch options","plain_summary":"","year":"2010"},{"event_id":"e-ac09ae9ce6","date":"2010-09-17","date_precision":"day","jurisdiction":"ZMB","program_id":"zmb-investor-permit","category":"rule_change","title":"Immigration and Deportation Act 2010 creates the investor's permit","description":"Section 29 provides for an investor's permit for a foreigner who invests a prescribed financial or capital contribution or holds a ZDA investment licence; the Act commenced on 17 September 2010.","source_id":"zmb-act-18-2010-immigration","location":"header; s. 29(2)(b)","quote":"is a person who will invest or has invested a prescribed financial or capital contribution in the business","countries":"","short_title":"Immigration and Deportation Act 2010 creates the investor's permit","plain_summary":"","year":"2010"},{"event_id":"e-06a77444da","date":"2010-07-21","date_precision":"day","jurisdiction":"BLR","program_id":"blr-investor-residence","category":"launch","title":"Belarus law in force with a permanent-residence ground for foreign investors (EUR 150,000)","description":"Law No. 105-З of 4 January 2010 (published 20 January 2010) lists among grounds for a permanent residence permit foreign investors who invested at least EUR 150,000 in Belarus (art. 53, original text); the law entered into force six months after publication, on 21 July 2010 per the National Register card. The predecessor law of 3 June 1993 (repealed by art. 75) was not read, so an earlier investor ground cannot be excluded.","source_id":"blr-pravo-105z-card","location":"registry card, 'Дата вступления в силу'","quote":"Дата вступления в силу\n21.07.2010","countries":"","short_title":"Belarus law in force with a permanent-residence ground for foreign investors (EUR 150,000)","plain_summary":"","year":"2010"},{"event_id":"e-29ea5f8568","date":"2010-07-06","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-cies","category":"rule_change","title":"Investment-linked insurance products allowed as eligible funds","description":"Scheme rules refined so that investment-linked assurance scheme (ILAS) products issued by Class C insurers can count as eligible collective investment schemes.","source_id":"hkg-immd-cies-announcement-2012","location":"section 'Refinement to the Rules ... relating to investment-linked assurance scheme products'","quote":"The refined Scheme Rules are available at http://www.immd.gov.hk/ehtm/hkvisas_13_5.htm from 6 July 2010. They come into force on the same date.","countries":"","short_title":"Hong Kong lets some insurance investment products count","plain_summary":"From 6 July 2010 Hong Kong's investor residence scheme rules were refined so that certain investment-linked insurance products could count as eligible investments.","year":"2010"},{"event_id":"e-21cc441710","date":"2010-07-01","date_precision":"day","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"launch","title":"Latvia opens residence permits for investors in property, companies and banks","description":"Amendments to the Immigration Law of 22.04.2010 add art. 23(1) points 28-30: five-year temporary residence permits for foreigners investing in company capital, buying property (LVL 100,000 in Riga area / LVL 50,000 elsewhere) or placing LVL 200,000 in bank subordinated capital. Only investments made after 1 July 2010 qualify.","source_id":"lva-likumi-immigration-law-2026-05","location":"Transitional provisions, point 16","quote":"Termiņuzturēšanās atļauju šā likuma 23.panta pirmās daļas 28., 29. un 30.punktā noteiktajā kārtībā ārzemniekam ir tiesības pieprasīt, ja ieguldījums kapitālsabiedrības pamatkapitālā noteiktā apmērā izdarīts, nekustamais īpašums noteiktā vērtībā iegādāts vai finanšu investīcijas noteiktā apmērā izdarītas pēc 2010.gada 1.jūlija.","countries":"","short_title":"Latvia opens residence permits for investors in 2010","plain_summary":"From 1 July 2010 Latvia offered five-year residence permits to foreigners investing in company capital, buying property worth LVL 100,000 in the Riga area or LVL 50,000 elsewhere, or placing LVL 200,000 in a bank.","year":"2010"},{"event_id":"e-9c1e36529b","date":"2010-05-19","date_precision":"day","jurisdiction":"CYM","program_id":"cym-cdi","category":"rule_change","title":"First Certificate of Direct Investment requirements: six million dollars net worth, 2.4 million invested","description":"The Immigration (Amendment) (No. 2) Regulations, 2010 (made 11 May 2010, published 19 May 2010) insert reg 14A: personal net worth of at least six million dollars and an investment of at least two million four hundred thousand dollars in an employment-generating business; issue fee 20,000. The net worth requirement was deleted in 2012 and the investment later set at one million dollars.","source_id":"cym-imm-amend2-regs-2010","location":"PDF p. 3, reg 2 (new reg 14A)","quote":"sum of at least two million four hundred thousand dollars in an employment generating business","countries":"","short_title":"First Certificate of Direct Investment requirements: six million dollars net worth, 2.4 million invested","plain_summary":"","year":"2010"},{"event_id":"e-ab2bc9dd87","date":"2010-05-13","date_precision":"day","jurisdiction":"CYM","program_id":"cym-cdi","category":"launch","title":"Cayman Islands creates the Certificate of Direct Investment (Law 15 of 2010)","description":"The Immigration (Amendment) Law, 2010 inserts sections 37A and 37B: a 25-year certificate to reside and work in a licensed employment-generating business in which the holder has invested the prescribed amount. Passed 28 April 2010, assented 7 May 2010, published in Extraordinary Gazette No. 27 of 13 May 2010; the text states no commencement date, so the publication date is used.","source_id":"cym-imm-amend-law-2010","location":"PDF p. 5, s. 4 (new s. 37A(3))","quote":"issue a Certificate of Direct Investment valid for twenty-five years","countries":"","short_title":"Cayman Islands creates the Certificate of Direct Investment (Law 15 of 2010)","plain_summary":"","year":"2010"},{"event_id":"e-8d495ecbe3","date":"2010-05-03","date_precision":"day","jurisdiction":"ARG","program_id":"arg-investor-residence","category":"launch","title":"Argentina regulates investor temporary residence (ARS 1.5 million)","description":"Decreto 616/2010, regulating the 2004 Migration Law, set the investor subcategory of temporary residence at a minimum productive investment of ARS 1,500,000.","source_id":"arg-infoleg-dec616-2010","location":"Anexo I, art. 23 d)","quote":"por un mínimo de PESOS UN MILLON QUINIENTOS MIL ($ 1.500.000)","countries":"","short_title":"Argentina sets an investor residence minimum of 1,500,000 pesos","plain_summary":"On 3 May 2010 a government decree set the investor route to temporary residence at a minimum productive investment of 1,500,000 Argentine pesos.","year":"2010"},{"event_id":"e-0357b51711","date":"2010-02","date_precision":"month","jurisdiction":"KOR","program_id":"kor-real-estate-immigration","category":"launch","title":"Real-estate investment immigration launched","description":"Foreigners investing in resort property in designated areas (first Jeju) could obtain F-2 residence and, after five years, F-5 permanent residence.","source_id":"kor-moj-tourism-investment-2023","location":"p. 1, footnote","quote":"5년 간 투자 유지 시 영주(F-5) 자격을 부여하는 제도(’10. 2월 시행)","countries":"","short_title":"South Korea launches residence for real-estate investors","plain_summary":"In February 2010 foreigners investing in resort property in designated areas, starting with Jeju, could get residence status and, after five years, permanent residence.","year":"2010"},{"event_id":"e-909a77a8b5","date":"2010-01-04","date_precision":"day","jurisdiction":"BLR","program_id":"blr-investor-residence","category":"rule_change","title":"Original text of Belarus Law 105-З: permanent residence for investors of at least EUR 150,000","description":"Original art. 53 of Law 105-З: permanent residence permit for foreign investors who invested at least EUR 150,000; later replaced by fifteen thousand base units (amending law not identified). Law dated 4 Jan 2010; in force 21 Jul 2010 (art. 76: six months after publication).","source_id":"blr-etalon-law-105z-original","location":"art. 53, part 1, ninth indent","quote":"являются иностранными инвесторами, вложившими инвестиции в размере не менее ста пятидесяти тысяч евро в объекты инвестиционной деятельности на территории Республики Беларусь;","countries":"","short_title":"Original text of Belarus Law 105-З: permanent residence for investors of at least EUR 150,000","plain_summary":"","year":"2010"},{"event_id":"e-3e97a65931","date":"2010-01-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"rule_change","title":"Zurich abolition of cantonal lump-sum taxation takes effect","description":"Zurich abolished cantonal lump-sum taxation as of 1 Jan 2010 (footnote 2 and note 1 to Table 1). Footnote 12 of the same message gives 1 Dec 2010 instead; 1 Jan 2010 is used as stated twice. Federal lump-sum taxation remained available to Zurich residents.","source_id":"che-bbl-2011-6021","location":"PDF p. 4 (BBl p. 6024), footnote 2; PDF p. 21, note 1 to Tabelle 1","quote":"Im Kanton Zürich wurde die Besteuerung nach dem Aufwand auf den 1.1.2010 abgeschafft.","countries":"","short_title":"Zurich abolition of cantonal lump-sum taxation takes effect","plain_summary":"","year":"2010"},{"event_id":"e-cccc7a26b2","date":"2010","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"New Brunswick begins participating in the federal Immigrant Investor Program","description":"New Brunswick began receiving federal IIP investment funds (year it began participating) in 2010.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row New Brunswick, column \"Year began participating\"","quote":"New Brunswick 2010 $48,032,642 1.9%","countries":"","short_title":"New Brunswick begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2010"},{"event_id":"e-dea247b3eb","date":"2010","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"Saskatchewan begins participating in the federal Immigrant Investor Program","description":"Saskatchewan began receiving federal IIP investment funds (year it began participating) in 2010.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row Saskatchewan, column \"Year began participating\"","quote":"Saskatchewan 2010 $50,025,111 2%","countries":"","short_title":"Saskatchewan begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2010"},{"event_id":"e-fdb6c7a3f7","date":"2010","date_precision":"year","jurisdiction":"LVA","program_id":"lva-investor-residence","category":"launch","title":"Latvia investor residence permits established 2010 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2010, amended 2014 (endnote 189 cites section 23 of the Immigration Law, 2010).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Latvia 2010, amended in 2014","countries":"","short_title":"Latvia investor residence permits established 2010 (TI annex)","plain_summary":"","year":"2010"},{"event_id":"e-4cf6c276e1","date":"2010","date_precision":"year","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"USCIS requires Form I-924 (with a fee) for regional center applications","description":"From 2010 all new regional center applicants, and centers amending their designation, must use Form I-924 and pay a filing fee; before that, designation could be sought by letter and no fee was charged.","source_id":"usa-dhsoig-14-19-2013","location":"PDF p. 35, Appendix B, memo p. 11 (scan; imperfect text layer)","quote":"users in 2010 introduced a new fonn, fonn r-924, that collects","countries":"","short_title":"USCIS requires Form I-924 (with a fee) for regional center applications","plain_summary":"","year":"2010"},{"event_id":"e-bb6d7a99b1","date":"2009-12","date_precision":"month","jurisdiction":"IMN","program_id":"imn-tier1-investor","category":"context","title":"Tier 1 (Investor) route in the Isle of Man Immigration Rules (December 2009)","description":"Earliest consolidated Isle of Man rules found: Tier 1 (Investor) Migrants (paras 245O-245U), GBP 1 million. When the route was introduced was not established.","source_id":"imn-gov-immigration-rules-2009-12","location":"Para 245O","quote":"This route is for high net worth individuals making a substantial financial investment to the Isle of Man.","countries":"","short_title":"Tier 1 (Investor) route in the Isle of Man Immigration Rules (December 2009)","plain_summary":"","year":"2009"},{"event_id":"e-d5cfc86b2f","date":"2009-11","date_precision":"month","jurisdiction":"HKG","program_id":"hkg-cies","category":"rule_change","title":"Insurance products reported as added to permissible assets","description":"The Secretary for Security tells LegCo on 11 November 2009 that the Government 'has recently included' insurance products meeting the relevant requirements as permissible CIES investment assets. The date of the change is not given; the month is the date of the statement. Another source dates the inclusion of investment-linked assurance scheme products to 6 July 2010 (event e-29ea5f8568); the two may describe different steps or the same change.","source_id":"hkg-legco-lcq15-cies-2009","location":"reply, para (e)","quote":"The Government has recently included insurance products satisfying the relevant requirements as permissible investment assets.","countries":"","short_title":"Insurance products reported as added to permissible assets","plain_summary":"","year":"2009"},{"event_id":"e-80d0e6f23a","date":"2009-10-01","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"Sugar Protocol guarantees end","description":"Date from which the Community's denunciation of the ACP Sugar Protocol took effect.","source_id":"intl-eu-dec-2007-627","location":"Article 1","quote":"with effect from 1 October 2009","countries":"BRB;BLZ;COG;CIV;FJI;GUY;JAM;KEN;MDG;MWI;MUS;MOZ;KNA;SUR;SWZ;TZA;TTO;UGA;ZMB;ZWE","short_title":"EU's guaranteed sugar prices for St Kitts and others end","plain_summary":"The European Union's decision to stop guaranteeing prices for sugar from St Kitts and Nevis and other countries took effect on this date.","year":"2009"},{"event_id":"e-51643d221d","date":"2009-08-18","date_precision":"day","jurisdiction":"AZE","program_id":"aze-investor-residence","category":"price_change","title":"Azerbaijan sets the temporary-residence investment at AZN 500,000 and deposit at AZN 50,000","description":"Cabinet Decision 126 of 18 August 2009 amends Decision 102: investment in the economy AZN 500,000; deposit in an Azerbaijani bank AZN 50,000 (as reported by the State Migration Service). In-force date not stated.","source_id":"aze-sms-news-2009-08-19","location":"news item of 19.08.2009, second paragraph","quote":"investment amount put in the economy of the Republic of Azerbaijan is determined in the amount of 500.000 AZN and deposit amount at any of Azerbaijan banks in the amount of 50.000 AZN","countries":"","short_title":"Azerbaijan sets the temporary-residence investment at AZN 500,000 and deposit at AZN 50,000","plain_summary":"","year":"2009"},{"event_id":"e-d6e5de9e93","date":"2009-07-27","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-investor-1","category":"launch","title":"Investor 1 and Investor 2 categories take effect","description":"New Migrant Investment Policy instructions take effect: Investor 1 (NZ$10 million for three years, no other tests) and Investor 2 (points-based, NZ$1.5 million for four years, up to 300 approvals a year).","source_id":"nzl-inz-ops-bj2-1-2009","location":"BJ2.1","quote":"invest NZ$10 million in New Zealand in an acceptable investment for a three year period. Effective 27/07/2009","countries":"","short_title":"New Zealand starts two investor visa categories","plain_summary":"From 27 July 2009 Investor 1 required NZ$10 million for three years with no other tests. Investor 2 was points-based: NZ$1.5 million for four years, up to 300 approvals a year.","year":"2009"},{"event_id":"e-8443d0f6a1","date":"2009-07-27","date_precision":"day","jurisdiction":"NZL","program_id":"nzl-investor-2","category":"launch","title":"Investor 2 category takes effect","description":"Immigration instructions BJ2.2, effective 27 July 2009, set out the points-based Investor 2 resident category requiring an NZ$1.5 million investment.","source_id":"nzl-inz-ops-bj2-2-2009","location":"BJ2.2","quote":"invest NZ$1.5 million in New Zealand. Effective 27/07/2009","countries":"","short_title":"Investor 2 category takes effect","plain_summary":"","year":"2009"},{"event_id":"e-486b899adf","date":"2009-06-30","date_precision":"day","jurisdiction":"AZE","program_id":"aze-investor-residence","category":"launch","title":"Azerbaijan Cabinet Decision 102 sets the investment amount that grounds temporary residence","description":"The State Migration Service reports that Cabinet of Ministers Decision 102 of 30 June 2009 approved the regulations on temporary residence permits and defined the investment amount in the economy (and bank deposit amount) that grounds a temporary residence permit; Decision 126 of 18 August 2009 set them at AZN 500,000 and AZN 50,000. Date is the decision's date (in-force date not stated); the decision text was not read (refworld copy behind a bot check). The decision implemented a law of 24 June 2008 amending legislative acts, which may have created the investment ground (not read). Predates the 2013 Migration Code.","source_id":"aze-sms-news-2009-08-19","location":"news item of 19.08.2009, first paragraph","quote":"on defining of the investment amount put in the economy of the Republic of Azerbaijan and deposit amount at Azerbaijan banks giving base on granting permission for temporary residence","countries":"","short_title":"Azerbaijan Cabinet Decision 102 sets the investment amount that grounds temporary residence","plain_summary":"","year":"2009"},{"event_id":"e-84d4aeab02","date":"2009-05-31","date_precision":"day","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"scandal","title":"Commission of Inquiry reports complaints of PRC and Belongership grants for bribes","description":"The Auld Commission of Inquiry into corruption, whose report led the UK to suspend self-government in August 2009, recorded complaints that Belongership and Permanent Residence Certificates were granted in breach of the law in return for bribes, with applications driven by ministers.","source_id":"tca-coi-auld-2009","location":"p. 106, para 3.67","quote":"The complaints are of grant of Belongership or Permanent Resident Certificates in breach of the legal requirements in return for bribes to Ministers or officials","countries":"","short_title":"Inquiry hears of bribes for residence in Turks and Caicos","plain_summary":"An inquiry into corruption recorded complaints that belonger status and permanent residence certificates were granted unlawfully for bribes. Its report led the UK to suspend self-government in August 2009.","year":"2009"},{"event_id":"e-697bf17bec","date":"2009-05-31","date_precision":"day","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"context","title":"Commission of Inquiry recommends removing ministers from grants of Belongership and PRCs","description":"Sir Robin Auld recommends removing ministerial involvement from the grant or revocation of immigration status (Belongership, Permanent Residence Certificates, residence and work permits), decisions under clear statutory criteria by an independent body or public servants, with a merits appeal; and endorses the 2004 proposal of an independent Citizenship Commission.","source_id":"tca-coi-auld-2009","location":"PDF p. 109 (printed p. 108), para 3.75; PDF p. 242, recommendation 62","quote":"I consider that there is urgent need for removal of ministerial involvement in the exercise of discretionary or other powers concerning the grant or revocation of immigration status.","countries":"","short_title":"Commission of Inquiry recommends removing ministers from grants of Belongership and PRCs","plain_summary":"","year":"2009"},{"event_id":"e-74fd5050d3","date":"2009-05-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"visa_access","title":"Visa-free Schengen access for Antigua and St Kitts begins","description":"The EC signed visa waiver agreements with Antigua and Barbuda, the Bahamas, St Kitts and Nevis, Mauritius, Barbados and Seychelles, provisionally applied from signature — the first such agreements the Community concluded.","source_id":"intl-ec-ip-09-846","location":"Press release text","quote":"the agreements are provisionally applied from the date of today's signature, 28 May 2009.","countries":"ATG;BHS;KNA;MUS;BRB;SYC","short_title":"Visa-free travel to most of Europe begins for Antigua and St Kitts","plain_summary":"The European Union signed visa waiver agreements with Antigua and Barbuda, St Kitts and Nevis and several other countries, letting their citizens travel to most of Europe without a visa.","year":"2009"},{"event_id":"e-d7adfa341d","date":"2009-05-12","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"PRA attached to the Department of Tourism","description":"The Tourism Act of 2009 (RA 9593) made PRA an attached agency of the Department of Tourism.","source_id":"phl-pra-ar-2019","location":"PDF p. 9","quote":"On 12 May 2009, by virtue of Republic Act No. 9593","countries":"","short_title":"Philippine retiree visa agency attached to the Tourism Department","plain_summary":"On 12 May 2009 a new tourism law made the Philippine Retirement Authority an agency attached to the Department of Tourism.","year":"2009"},{"event_id":"e-d0c1b4c6d1","date":"2009-03-18","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"CIS Ombudsman issues EB-5 programme recommendations","description":"The CIS Ombudsman found low utilisation 'principally caused by significant regulatory and administrative obstacles, as well as uncertainties that undermine investor and stakeholder confidence'.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 39 (84 FR 35788), footnote 107","quote":"CIS Ombudsman, Employment Creation Immigrant Visa (EB–5) Program Recommendations, March 18, 2009","countries":"","short_title":"CIS Ombudsman issues EB-5 programme recommendations","plain_summary":"","year":"2009"},{"event_id":"e-1a9a6d80d2","date":"2009-03-16","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-cies","category":"rule_change","title":"Accountant's report on net assets made optional","description":"To shorten processing, CIES applicants may choose whether to hire a Certified Public Accountant (Practising) to prepare the financial report showing they meet the net-asset requirement.","source_id":"hkg-immd-ar-2009-ch1","location":"Chapter text, section 'Capital Investment Entrant Scheme'","quote":"To shorten the processing time of the applications under the Scheme, with effect from March 16, 2009, applicants may decide on their own whether or not to hire a Certified Public Accountant (Practising)","countries":"","short_title":"Accountant's report on net assets made optional","plain_summary":"","year":"2009"},{"event_id":"e-a94d29a525","date":"2009-02-25","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan revises the Hong Kong and Macao residence regulations in full (40 articles), in force on promulgation","description":"Full revision; the history does not show what changed for the investment ground.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 10","quote":"10. 中華民國九十八年二月二十五日內政部台內移字第 0980957001 號令 修正發布全文 40 條；並自發布日施行","countries":"","short_title":"Taiwan revises the Hong Kong and Macao residence regulations in full (40 articles), in force on promulgation","plain_summary":"","year":"2009"},{"event_id":"e-70223a426d","date":"2009-02-07","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"legal","title":"Zurich voters abolish lump-sum taxation","description":"A popular initiative to abolish expenditure-based taxation was accepted in the canton of Zurich on 7 Feb 2009.","source_id":"che-bbl-2011-6021","location":"PDF p. 6 (BBl p. 6026), section 1.1.5","quote":"Im Kanton Zürich ist am 7. Februar 2009 eine Volksinitiative zur Abschaffung der Besteuerung nach dem Aufwand angenommen worden.","countries":"","short_title":"Zurich voters abolish lump-sum taxation","plain_summary":"","year":"2009"},{"event_id":"e-18c5cc7a71","date":"2009","date_precision":"year","jurisdiction":"BGR","program_id":"bgr-investor-residence","category":"launch","title":"Bulgaria investor residence programme set up in 2009 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 2009 for Bulgaria's RBI; endnotes 180-181 cite the Foreigners in the Republic of Bulgaria Act amendment published in State Gazette issue 36 of 15 May 2009.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Bulgaria CBI: 2013 RBI: 2009","countries":"","short_title":"Bulgaria investor residence programme set up in 2009 (TI annex)","plain_summary":"","year":"2009"},{"event_id":"e-535d986af6","date":"2009","date_precision":"year","jurisdiction":"BRA","program_id":"bra-investor-residence","category":"rule_change","title":"RN 84/2009 sets R$150,000 minimum for business investor residence","description":"CNIg Resolução Normativa 84 of 2009 set the parameters for residence through investment in productive activities, with a minimum of R$150,000 and conditions on job creation, sectors and technology; in force until 2015 (OBMigra). Earlier investor rules were not checked, so this is not shown as the programme launch.","source_id":"bra-obmigra-relatorio-anual-2022","location":"PDF p. 127 (printed p. 127), section 3","quote":"A Resolução Normativa (RN) 84 de 2009 estabeleceu os parâmetros para as autorizações de residência por investimento em atividades produtivas no País","countries":"","short_title":"RN 84/2009 sets R$150,000 minimum for business investor residence","plain_summary":"","year":"2009"},{"event_id":"e-df0d9be3f0","date":"2009","date_precision":"year","jurisdiction":"EST","program_id":"est-business-residence","category":"launch","title":"Investor residence scheme adopted (year given by the Commission)","description":"The Commission staff working document dates the adoption of this Member State's investor residence scheme to 2009 (EE in 2009). It names only the country, not the legal act; the link to this programme id is ours.","source_id":"intl-ec-swd-2019-5","location":"PDF p. 15 (printed p. 14), footnotes 80-81","quote":"The UK adopted a scheme in 2008, EE in 2009; LV in 2010; HR in 2011; IE, SK and PT in 2012; HU, PL and NL in 2013; EL and ES in 2014; MT in 2015; FR and CY in 2016","countries":"","short_title":"Investor residence scheme adopted (year given by the Commission)","plain_summary":"","year":"2009"},{"event_id":"e-6e5381da29","date":"2009","date_precision":"year","jurisdiction":"FRA","program_id":"fra-exceptional-contribution","category":"launch","title":"France residence card for exceptional economic contribution established 2009 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives France's RBI as established 2009, amended in 2016; endnote 184 cites Décret n° 2009-1114 of 11 September 2009 on the residence card for an exceptional economic contribution.","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"France 2009, amended in 2016","countries":"","short_title":"France residence card for exceptional economic contribution established 2009 (TI annex)","plain_summary":"","year":"2009"},{"event_id":"e-1c30f529e3","date":"2008-09-01","date_precision":"day","jurisdiction":"KOR","program_id":"kor-fdi-investor-residence","category":"rule_change","title":"Korea: permanent residence for foreign investors of US$500,000 employing 5 Koreans","description":"Presidential Decree No. 20892 (3 Jul 2008): annex 1 item 28-3(다), in force 1 Sep 2008, gives F-5 to a foreign investor under the Foreign Investment Promotion Act who invested US$500,000 or more and employs 5 or more Koreans (the current item 3 of annex 1-3 in substance).","source_id":"kor-moleg-immigration-decree-2008","location":"부칙","quote":"제28호의3 영주(F-5)란 다목의 개정규정은 2008년 9월 1일부터 시행한다","countries":"","short_title":"Korea: permanent residence for foreign investors of US$500,000 employing 5 Koreans","plain_summary":"","year":"2008"},{"event_id":"e-610c2e599c","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-solvencia-economica","category":"launch","title":"Migration regulation sets B/.300,000 'own economic solvency' residence","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008) regulates the 2008 migration law and states it takes effect on 26 August 2008; arts. 191-195 set permanent residence for foreigners investing B/.300,000 of foreign funds in property, a fixed deposit, or both. It also sets the B/.160,000 'macro-empresa' investor permit (art. 185).","source_id":"pan-go-de320-2008","location":"p. 50, art. 191","quote":"Podrá solicitar este permiso el extranjero que invierta la suma mínima de trescientos mil balboas (B/.300,000.00)","countries":"","short_title":"Panama creates a B/.300,000 investor residence permit","plain_summary":"A 2008 Panamanian migration regulation set permanent residence for foreigners investing B/.300,000 in property, a fixed deposit, or both, and also created a B/.160,000 investor permit for larger businesses.","year":"2008"},{"event_id":"e-252b5f4c42","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-macro-investor","category":"launch","title":"Migration regulation sets macro-enterprise investor residence (B/.160,000)","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), arts. 185-186, lets foreigners who are sole holders of shares worth at least B/.160,000 in a company apply for residence. The decree states it takes effect on 26 August 2008.","source_id":"pan-go-de320-2008","location":"p. 48, art. 185","quote":"Podrán solicitar este permiso los extranjeros que deseen invertir en una ... macro-empresa, con un capital social mínimo de ciento sesenta mil balboas (B/.160,000.00) por solicitante","countries":"","short_title":"Migration regulation sets macro-enterprise investor residence (B/.160,000)","plain_summary":"","year":"2008"},{"event_id":"e-efd95ff02a","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-forestry-investor","category":"launch","title":"Migration regulation sets forestry investor residence (B/.60,000 temporary, B/.80,000 permanent)","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), the regulation of the 2008 migration law, which states it takes effect on 26 August 2008. Arts. 100-102 set a six-year temporary permit for investing B/.60,000 in authorised reforestation on at least 10 hectares; arts. 180-182 a permanent permit for B/.80,000 on at least 20 hectares; B/.2,000 more per dependant in both.","source_id":"pan-go-de320-2008","location":"p. 32, art. 100","quote":"Podrá solicitar este permiso el extranjero que invierta a título personal o a través de persona jurídica, la suma de sesenta mil balboas (B/.60,000.00) en actividades de reforestación o plantación forestal","countries":"","short_title":"Migration regulation sets forestry investor residence (B/.60,000 temporary, B/.80,000 permanent)","plain_summary":"","year":"2008"},{"event_id":"e-174a03caf7","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-agrarian-investor","category":"launch","title":"Migration regulation sets agrarian investor temporary residence (B/.60,000)","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), the regulation of the 2008 migration law, which states it takes effect on 26 August 2008. Arts. 95-97 set a six-year temporary permit, renewable every two years, for investing at least B/.60,000 in agriculture, livestock or aquaculture, plus B/.500 per dependant.","source_id":"pan-go-de320-2008","location":"p. 31, art. 96","quote":"Podrá solicitar este permiso el extranjero que a título personal o a través de persona jurídica, haya invertido la suma mínima de sesenta mil balboas (B/.60,000.00), en la industria agropecuaria o de acuicultura","countries":"","short_title":"Migration regulation sets agrarian investor temporary residence (B/.60,000)","plain_summary":"","year":"2008"},{"event_id":"e-02314f11e7","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-panama-pacifico-investor","category":"launch","title":"Migration regulation sets Panamá-Pacífico investor residence (B/.250,000)","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), the regulation of the 2008 migration law, which states it takes effect on 26 August 2008. Arts. 206-208 set a permanent permit for investing at least B/.250,000 in the risk capital of a company of the Panamá-Pacífico special economic area, with at least three Panamanian employees.","source_id":"pan-go-de320-2008","location":"p. 53, art. 206","quote":"Podrá solicitar este permiso el extranjero que realice una inversión no inferior a doscientos cincuenta mil balboas (B/.250.000.00) en el capital de riesgo de Empresa del Área Panamá-Pacífico","countries":"","short_title":"Migration regulation sets Panamá-Pacífico investor residence (B/.250,000)","plain_summary":"","year":"2008"},{"event_id":"e-0c38ae37dd","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-processing-zone-investor","category":"launch","title":"Migration regulation sets export processing zone investor residence (B/.250,000)","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), the regulation of the 2008 migration law, which states it takes effect on 26 August 2008. Arts. 211-213 set a permanent permit for investing at least B/.250,000 from abroad in a promoter, operator or company of an export processing zone.","source_id":"pan-go-de320-2008","location":"p. 54, art. 211","quote":"Podrá solicitar este permiso el extranjero que compruebe haber invertido una suma no inferior a doscientos cincuenta mil balboas (B/.250,000.00) proveniente del extranjero","countries":"","short_title":"Migration regulation sets export processing zone investor residence (B/.250,000)","plain_summary":"","year":"2008"},{"event_id":"e-ece2d1429f","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-call-center-investor","category":"launch","title":"Migration regulation sets call-centre investor residence","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), the regulation of the 2008 migration law, which states it takes effect on 26 August 2008. Arts. 214-216 give a permanent permit to foreigners investing in a company providing call-centre services for export, with the same requirements as the export processing zone investor permit (B/.250,000 under art. 211).","source_id":"pan-go-de320-2008","location":"p. 54, art. 214","quote":"Podrá solicitar este permiso el extranjero que invierta en empresa cuya","countries":"","short_title":"Migration regulation sets call-centre investor residence","plain_summary":"","year":"2008"},{"event_id":"e-638ffd832c","date":"2008-08-26","date_precision":"day","jurisdiction":"PAN","program_id":"pan-film-industry-investor","category":"launch","title":"Migration regulation sets film industry investor residence (more than B/.150,000)","description":"Decreto Ejecutivo 320 of 8 Aug 2008 (Gaceta 26104, 13 Aug 2008), the regulation of the 2008 migration law, which states it takes effect on 26 August 2008. Arts. 217-219 set a permanent permit for foreigners investing more than B/.150,000 from abroad in the film industry, in a company authorised under the special regime of Ley 36 of 2007.","source_id":"pan-go-de320-2008","location":"p. 55, art. 217","quote":"Podrá solicitar este permiso el extranjero que invierta en la Industria Cinematográfica, un monto superior a ciento cincuenta mil balboas (B/.150,000.00)","countries":"","short_title":"Migration regulation sets film industry investor residence (more than B/.150,000)","plain_summary":"","year":"2008"},{"event_id":"e-69db832c3f","date":"2008-08-01","date_precision":"day","jurisdiction":"TWN","program_id":"twn-apr-investment","category":"launch","title":"Taiwan's revised Immigration Act brings in permanent residence for investment immigrants","description":"The full revision of the Immigration Act promulgated 26 Dec 2007 (art. 25(3)) lets foreigners apply to the immigration agency for investment immigration; once approved and the investment made, permanent residence is granted. The Executive Yuan fixed its entry into force at 1 Aug 2008. The 1999 Act and its 2002-2003 amendments had no such route.","source_id":"twn-moj-immigration-act-history-2026","location":"Item 5 (2007 full revision)","quote":"令修正公布全文 97 條；施行日期，由行政院定之 ... 自九十七年八月一日施行","countries":"","short_title":"Taiwan's revised Immigration Act brings in permanent residence for investment immigrants","plain_summary":"","year":"2008"},{"event_id":"e-06df637bb3","date":"2008-07-03","date_precision":"day","jurisdiction":"KOR","program_id":"kor-fdi-investor-residence","category":"rule_change","title":"Korea drops the US$2 million and US$500,000-plus-D-8 permanent-residence items for investors","description":"Presidential Decree 20892 (3 Jul 2008, in force on promulgation) rewrites the F-5 list in annex 1: the 2005 items for investors of US$2 million with 5 Korean employees and of US$500,000 with 3 years in D-8 and 3 Korean employees are no longer listed. The new item (US$500,000 with 5 Korean employees, 다목) took effect only on 1 Sep 2008.","source_id":"kor-moleg-immigration-decree-2008","location":"부칙; annex 1, item 28의3","quote":"이 영은 공포한 날부터 시행한다. 다만, 별표 1 중 체류자격 제18호의2 구직(D-10)란 및 제28호의3 영주(F-5)란 다목의 개정규정은 2008년 9월 1일부터 시행한다.","countries":"","short_title":"Korea drops the US$2 million and US$500,000-plus-D-8 permanent-residence items for investors","plain_summary":"","year":"2008"},{"event_id":"e-e889ca56a7","date":"2008-06-30","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-tier1-investor","category":"launch","title":"Tier 1 (Investor) route opens (GBP 1 million)","description":"HC 607 replaces the 1994 'investor' category with Tier 1 (Investor) under the Points-Based System from 30 June 2008: GBP 1 million held in the UK, 75% invested, settlement after 5 years.","source_id":"gbr-ho-hc607-2008","location":"PDF p. 3, Implementation","quote":"These changes will come into force on 30th June 2008.","countries":"","short_title":"The UK opens an investor visa route needing GBP 1 million","plain_summary":"From 30 June 2008 the UK's new Tier 1 Investor visa replaced an earlier route, requiring GBP 1 million held in the UK, 75% of it invested, with settlement after five years.","year":"2008"},{"event_id":"e-919f5421e2","date":"2008-06-30","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-investor-1994","category":"closure","title":"'Investor' category deleted and replaced by Tier 1 (Investor)","description":"HC 607 deletes paragraphs 224 to 229 of the Immigration Rules (the 'investor' category), save as relevant to para 230, and creates Tier 1 (Investor) from 30 June 2008.","source_id":"gbr-ho-hc607-2008","location":"PDF p. 3, Implementation; para 17(vi)","quote":"These changes will come into force on 30th June 2008.","countries":"","short_title":"'Investor' category deleted and replaced by Tier 1 (Investor)","plain_summary":"","year":"2008"},{"event_id":"e-df3c2ffa55","date":"2008-01-04","date_precision":"day","jurisdiction":"FJI","program_id":"fji-investor-permit","category":"rule_change","title":"Fiji's Immigration Regulations 2007 commence, creating the investor permit (regs 39-41)","description":"The Immigration Regulations 2007 (LN 5 of 2008), made under the Immigration Act 2003, commenced on 4 Jan 2008. Reg 39 lets the Permanent Secretary grant an investor permit to a foreign investor (or its representative) holding a Foreign Investment Certificate under the Foreign Investment Act 1999; reg 41 allows up to 3 years (Permanent Secretary) or up to 7 years (Minister, if at least $250,000 is invested). Recorded as rule_change, not launch: the 7-year permit for $250,000 continues para 4(2) of the Immigration Directions 1971 (see the 1982 event). Commencement date from the consolidation's amendment table.","source_id":"fji-immig-regs-2007-consol","location":"PDF p. 1, Table of Amendments; PDF pp. 15-16, regs 39-41","quote":"Immigration Regulations 2007 (LN 5 of 2008) commenced on 4 January 2008","countries":"","short_title":"Fiji's Immigration Regulations 2007 commence, creating the investor permit (regs 39-41)","plain_summary":"","year":"2008"},{"event_id":"e-1ee82e53c0","date":"2008-01-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-wealthy-residence-permit","category":"launch","title":"VZAE names substantial cantonal fiscal interests as a ground for residence permits","description":"The ordinance of 24 October 2007 (in force 1 January 2008, with the Foreign Nationals Act, art. 30(1)(b)) lets cantons grant a short-stay or residence permit to protect important public interests, listing 'substantial cantonal fiscal interests' (art. 32(1)(c)); this is the ground used for wealthy non-working non-EU/EFTA nationals. The predecessor ordinance (BVO 1986, version 2006) had no explicit fiscal ground, only art. 36 'important reasons' for other non-working foreigners. In-force date from art. 92.","source_id":"che-fedlex-vzae-2008","location":"art. 32(1)(c) (PDF p. 11); art. 92","quote":"erhebliche kantonale fiskalische Interessen;","countries":"","short_title":"VZAE names substantial cantonal fiscal interests as a ground for residence permits","plain_summary":"","year":"2008"},{"event_id":"e-495333ba55","date":"2008","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"Nova Scotia begins participating in the federal Immigrant Investor Program","description":"Nova Scotia began receiving federal IIP investment funds (year it began participating) in 2008.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row Nova Scotia, column \"Year began participating\"","quote":"Nova Scotia 2008 $186,182,196 7.5%","countries":"","short_title":"Nova Scotia begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2008"},{"event_id":"e-4d785af32b","date":"2007-12-26","date_precision":"day","jurisdiction":"TWN","program_id":"twn-apr-investment","category":"rule_change","title":"Taiwan promulgates the revised Immigration Act with an investment-immigration route to permanent residence","description":"Art. 25(3) of the revised Act (promulgated 26 Dec 2007, in force 1 Aug 2008): foreigners may apply for investment immigration and, once approved and the investment made, are granted permanent residence. Recorded for the text itself; the launch is dated to the entry into force.","source_id":"twn-moj-immigration-act-2007","location":"Art. 25, para. 3","quote":"外國人得向入出國及移民署申請在我國投資移民，經審核許可且實行投資","countries":"","short_title":"Taiwan promulgates the revised Immigration Act with an investment-immigration route to permanent residence","plain_summary":"","year":"2007"},{"event_id":"e-7ba1b040fa","date":"2007-11-29","date_precision":"day","jurisdiction":"MUS","program_id":"mus-property-residence","category":"rule_change","title":"Real Estate Development Scheme Regulations 2007 in operation: amended IRS at USD 500,000 and new Real Estate Scheme","description":"The Investment Promotion (Real Estate Development Scheme) Regulations 2007 replace the IRS framework: an amended IRS for landowners with more than 10 hectares (plots sold at USD 500,000 or more) and a Real Estate Scheme (RES) for small landowners, both open to non-citizen buyers.","source_id":"mus-boi-web-reds-2007","location":"web page, paragraph 1","quote":"The Real Estate Development Scheme which came into operation on 29 November 2007 comprises of: an amended IRS for large landowners who own land of an extent exceeding 10 hectares; and a Real Estate Scheme (RES) for small landowners","countries":"","short_title":"Real Estate Development Scheme Regulations 2007 in operation: amended IRS at USD 500,000 and new Real Estate Scheme","plain_summary":"","year":"2007"},{"event_id":"e-f8b7f42746","date":"2007-10-02","date_precision":"day","jurisdiction":"OMN","program_id":"omn-itc-property-residence","category":"rule_change","title":"Executive regulations of the ITC system set residence rules","description":"Ministerial Decision 191/2007 (issued 19 Sep 2007, published 1 Oct 2007, in force the following day) sets the procedure: application to the Royal Oman Police, grant within seven working days, two-year residence renewed automatically to six years.","source_id":"omn-md-191-2007-itc-regulations","location":"art. 3 of the decision; arts. 24-25","quote":"ينشر هذا القرار في الجريدة الرسمية، ويعمل به من اليوم التالي لتاريخ نشره","countries":"","short_title":"Executive regulations of the ITC system set residence rules","plain_summary":"","year":"2007"},{"event_id":"e-f273d2dabb","date":"2007-09-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"EU denounces the ACP Sugar Protocol","description":"The Council denounced Protocol 3 on ACP sugar (guaranteed prices and quantities) for 20 ACP states including St Kitts and Nevis, with effect from 1 October 2009, noting the Community \"will cease to guarantee prices\".","source_id":"intl-eu-dec-2007-627","location":"Article 1, OJ L 255/38","quote":"is hereby denounced on behalf of the Community with effect from 1 October 2009 with respect to [...] the Federation of Saint Kitts and Nevis","countries":"BRB;BLZ;COG;CIV;FJI;GUY;JAM;KEN;MDG;MWI;MUS;MOZ;KNA;SUR;SWZ;TZA;TTO;UGA;ZMB;ZWE","short_title":"EU ends its guaranteed sugar-trade deal with St Kitts","plain_summary":"The European Union formally ended its decades-old deal guaranteeing prices and quantities for sugar from St Kitts and Nevis and 19 other countries, from October 2009.","year":"2007"},{"event_id":"e-66aba0ce21","date":"2007-04-04","date_precision":"day","jurisdiction":"MAC","program_id":"mac-investor-residence","category":"rule_change","title":"Macau suspends residence through property purchase","description":"RA 7/2007 suspends art. 1(4) and art. 3 of RA 3/2005 (property buyers) from 4 Apr 2007; renewals, family extensions and applications already filed are not affected.","source_id":"mac-bo-ra-7-2007","location":"arts. 1 and 3","quote":"É suspensa a eficácia dos artigos 1.º, alínea 4), e 3.º do Regulamento Administrativo n.º 3/2005.","countries":"","short_title":"Macau suspends residence through property purchase","plain_summary":"","year":"2007"},{"event_id":"e-614b5863cc","date":"2007","date_precision":"year","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"context","title":"Cantonal finance directors recommend a five-times-rent floor","description":"The FDK recommended to the cantons in 2007 to use five times the rental value as the lowest base, as at federal level, plus a control calculation on Swiss gross income.","source_id":"che-bbl-2011-6021","location":"PDF p. 6 (BBl p. 6026), section 1.1.6","quote":"2007 erliess sie Empfehlungen an die Kantone, wonach als unterste Grenze für die Festlegung der Aufwandbesteuerung analog der Bundesregelung auf den fünffachen Mietwert abzustellen","countries":"","short_title":"Cantonal finance directors recommend a five-times-rent floor","plain_summary":"","year":"2007"},{"event_id":"e-9d6a884d66","date":"2007","date_precision":"year","jurisdiction":"MYS","program_id":"mys-sarawak-mm2h","category":"launch","title":"S-MM2H participants counted from 2007 (earliest official date found)","description":"The Sarawak minister counted S-MM2H approvals from 2007 (1,240 participants approved 2007-2019) and top nationalities \"from 2007\". No founding text or launch announcement was found; 2007 is the earliest year an official statement gives for the programme.","source_id":"mys-swk-mtcp-smm2h-approvals-2024","location":"paras 3-4","quote":"From 2007 to 2019, there was only a total of 1,240 participants approved","countries":"","short_title":"S-MM2H participants counted from 2007 (earliest official date found)","plain_summary":"","year":"2007"},{"event_id":"e-45be2a37e3","date":"2007","date_precision":"year","jurisdiction":"PAN","program_id":"pan-film-industry-investor","category":"legal_basis","title":"Film industry special regime (Ley 36 of 2007) cited as the basis of the film investor permit","description":"DE 320 of 2008 requires the investor's company to be authorised under the special regime of Ley 36 of 2007, the film and audiovisual industry law (not stored); the same regulation governs the temporary permits of foreign film company staff by Ley 36 of 2007 (art. 106). Whether that law already gave investors residence is not known from stored documents. Year only: the law's exact date is not printed.","source_id":"pan-go-de320-2008","location":"p. 55, art. 218(1)(b)","quote":"Que la empresa se encuentra autorizada bajo el régimen especial establecido en la Ley de No.36 de 2007","countries":"","short_title":"Film industry special regime (Ley 36 of 2007) cited as the basis of the film investor permit","plain_summary":"","year":"2007"},{"event_id":"e-9e1a9a4d77","date":"2007","date_precision":"year","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"Harmonisation of old and new SRRV deposit schemes (1.5% fee on released excess deposits)","description":"Board Resolution No. 92 s. 2007 harmonised the old and new deposit schemes: members could have deposits above the reduced requirement released against a 1.5% management fee.","source_id":"phl-pra-ar-2016","location":"PDF p. 80 (printed p. 79), Note 6.1 B","quote":"Harmonization fees are amounts collected pursuant to Board Resolution No. 92 series of 2007, otherwise known as the harmonization of the old and new schemes of deposit.","countries":"","short_title":"Harmonisation of old and new SRRV deposit schemes (1.5% fee on released excess deposits)","plain_summary":"","year":"2007"},{"event_id":"e-b0e96ae977","date":"2007","date_precision":"year","jurisdiction":"PRT","program_id":"prt-golden-visa","category":"launch","title":"Portugal investor residence dated to 2007 by TI (amended 2012 and 2013)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives Portugal's RBI as established in 2007 and amended in 2012 and 2013 (the 2007 date is the Aliens Act; Annex 4 gives 2012 for the ARI). Kept as TI's account (decision 14).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"Portugal 2007, amended in 2012 and 2013","countries":"","short_title":"Portugal investor residence dated to 2007 by TI (amended 2012 and 2013)","plain_summary":"","year":"2007"},{"event_id":"e-4342c2f8db","date":"2007","date_precision":"year","jurisdiction":"ZAF","program_id":"zaf-business-visa-investor","category":"legal","title":"Immigration Act 2002 amended by the Immigration Amendment Act 3 of 2007","description":"The gov.za record of the Immigration Act lists it as amended by the Immigration Amendment Act 3 of 2007. The page does not say what changed; the year is the year in the Act's number. (The programme notes date the change from business permit to business visa to the 2011 amendments; not stated on this page.)","source_id":"zaf-govza-immigration-act-page","location":"Amendments list on the page","quote":"Amended by Immigration Amendment Act 3 of 2007","countries":"","short_title":"Immigration Act 2002 amended by the Immigration Amendment Act 3 of 2007","plain_summary":"","year":"2007"},{"event_id":"e-2eb1947b26","date":"2006-12-21","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-residency","category":"rule_change","title":"Retirees' certificate becomes the Residency Certificate for Persons of Independent Means; minimum age 55 dropped","description":"Law 35 of 2006 repeals and replaces s. 33: any person of independent means aged 18 or over may apply for the 25-year Residency Certificate for Persons of Independent Means (previously age 55, or lower at the Board's discretion, and no dependants under 16). It also repeals the separate Residential Certificate for Entrepreneurs and Investors. Date is the publication date (Extraordinary Gazette No. 27 of 21 December 2006, also the day of assent); the commencement date is not stated in the text.","source_id":"cym-imm-amend2-law-2006","location":"PDF p. 22, s. 22 (new s. 33(2))","quote":"valid for twenty-five years and renewable thereafter at the discretion of the Chief Immigration Officer","countries":"","short_title":"Retirees' certificate becomes the Residency Certificate for Persons of Independent Means; minimum age 55 dropped","plain_summary":"","year":"2006"},{"event_id":"e-7cd1b5bb5e","date":"2006-12-21","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"visa_access","title":"EU moves Antigua and St Kitts to the visa-free list (conditional)","description":"Regulation 1932/2006 transferred Antigua and Barbuda, the Bahamas, Barbados, Mauritius, St Kitts and Nevis and the Seychelles to the visa-free list, applicable once bilateral visa waiver agreements enter into force.","source_id":"intl-eu-reg-1932-2006","location":"Recital 3, OJ L 405/23","quote":"Antigua and Barbuda, the Bahamas, Barbados, Mauritius, Saint Kitts and Nevis, and the Seychelles should be transferred to Annex II to Regulation (EC) No 539/2001.","countries":"ATG;BHS;BRB;MUS;KNA;SYC","short_title":"EU agrees to let Antigua and St Kitts citizens travel visa-free","plain_summary":"The European Union added Antigua and Barbuda and St Kitts and Nevis, with several other countries, to its visa-free list, once formal waiver agreements took effect.","year":"2006"},{"event_id":"e-b0d4f9a25f","date":"2006-11-29","date_precision":"day","jurisdiction":"TCA","program_id":"","category":"scandal","title":"Cabinet grants Belonger status to a golf-course developer with a peppercorn Crown Land lease","description":"The Commission of Inquiry reports that by 29 November 2006 Cabinet decided to grant 238.72 acres for a proposed golf course at a rent of $1 per acre per year and at the same time approved Belonger status for the developer, removing the need for a Belonger partner in the project.","source_id":"tca-coi-auld-2009","location":"PDF p. 153 (printed p. 152), para 4.95","quote":"At the same time they approved the grant of Belonger status for Mr Hoffmann. The effect of this grant was to avoid the need for Mr Hoffmann to engage any other Belonger partner in the project","countries":"","short_title":"Cabinet grants Belonger status to a golf-course developer with a peppercorn Crown Land lease","plain_summary":"","year":"2006"},{"event_id":"e-96790766d1","date":"2006-10-01","date_precision":"day","jurisdiction":"MUS","program_id":"mus-investor-permit","category":"launch","title":"Occupation permits for investors and residence permits for retirees created","description":"Sections 9A (occupation permit) and 9B (residence permit for retired non-citizens) are inserted into the Immigration Act by Act 21 of 2006 with effect from 1 Oct 2006.","source_id":"mus-immigration-act-consol-2011","location":"annotation to s. 9A (Occupation permit), PDF p. 10","quote":"[S. 9A inserted by s. 5 (g) of Act 21 of 2006 w.e.f. 1 October 2006; s. 14 (d) of Act 18 of 2008 w.e.f. 19 July 2008.]","countries":"","short_title":"Mauritius creates permits for investors and retirees","plain_summary":"From 1 October 2006 a 2006 law added an occupation permit for investors and a residence permit for retired non-citizens to Mauritius's immigration law.","year":"2006"},{"event_id":"e-7a05069d94","date":"2006-05-29","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"price_change","title":"SRRV deposits reduced","description":"The Special Reduced Deposit scheme cut the minimum deposit from US$75,000 to US$50,000 (ages 35-49) and from US$50,000 to US$20,000 (50+).","source_id":"phl-pra-ar-2016","location":"PDF p. 80","quote":"Since May 29, 2006, the Special Reduced Deposit (SRD) scheme was implemented, modifying the amount of required deposits","countries":"","short_title":"Philippines cuts deposits for its retiree visa","plain_summary":"From 29 May 2006 a reduced-deposit option cut the minimum deposit for the Philippine retiree visa from US$75,000 to US$50,000 for ages 35 to 49, and from US$50,000 to US$20,000 for ages 50 and over.","year":"2006"},{"event_id":"e-d46b67a40c","date":"2006-05-19","date_precision":"day","jurisdiction":"ZMB","program_id":"zmb-investor-permit","category":"legal","title":"Zambia Development Agency Act 2006 ties a USD 250,000 investment to a residence permit (date under the long title)","description":"Section 65(1) entitles an investor who invests at least USD 250,000 and employs at least 200 persons to a self-employment or resident permit. Date printed under the long title; the Act came into force by statutory instrument (not stored).","source_id":"zmb-act-11-2006-zda","location":"s. 65(1)","quote":"shall be entitled to a self employment permit or resident permit","countries":"","short_title":"Zambia Development Agency Act 2006 ties a USD 250,000 investment to a residence permit (date under the long title)","plain_summary":"","year":"2006"},{"event_id":"e-01fc55bd3d","date":"2006-02-20","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"EU sugar reform cuts reference prices","description":"Council Regulation (EC) No 318/2006 replaced the intervention-price regime with reference prices falling from EUR 631.9/t (white sugar, 2006/07) to EUR 404.4/t from 2009/10, and cited the WTO panel and Appellate Body decisions on export subsidies.","source_id":"intl-eu-reg-318-2006","location":"Recital 9","quote":"Following the recent decisions on export subsidies of the World Trade Organisation Panel and the Appellate Body on EU export subsidies for sugar","countries":"","short_title":"EU cuts its guaranteed sugar prices","plain_summary":"The European Union replaced its guaranteed sugar prices with lower reference prices, citing the trade rulings against its export subsidies.","year":"2006"},{"event_id":"e-250d9ad44d","date":"2006-02-19","date_precision":"day","jurisdiction":"OMN","program_id":"omn-itc-property-residence","category":"launch","title":"Oman lets non-Omanis own property in Integrated Tourism Complexes, with residence for owners","description":"Royal Decree 12/2006 issues the system for non-Omani ownership of real estate in integrated tourism complexes; art. 8 allows residence for a non-Omani owner of a built property and first-degree relatives. In force from the date of issue; published in Official Gazette 810 on 1 Mar 2006.","source_id":"omn-rd-12-2006-itc-ownership","location":"art. 4 of the decree; art. 8 of the system","quote":"يجوز منح غير العماني المالك لعقار مبني بغرض السكن أو الاستثمار، إقامة له ولأقاربه من الدرجة الأولى","countries":"","short_title":"Oman lets non-Omanis own property in Integrated Tourism Complexes, with residence for owners","plain_summary":"","year":"2006"},{"event_id":"e-b0be528093","date":"2006-02-15","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"EU adopts aid for Sugar Protocol countries hit by reform","description":"Regulation (EC) No 266/2006 set up accompanying measures for the 18 Sugar Protocol countries (St Kitts and Nevis included), based on national multiannual adaptation strategies, with EUR 40 million for 2006. St Kitts prepared an \"Adaptation Strategy in Response to the New EU Sugar Regime\" (IMF CR 07/141, Box 2).","source_id":"intl-eu-reg-266-2006","location":"Title and Article 8","quote":"establishing accompanying measures for Sugar Protocol countries affected by the reform of the EU sugar regime","countries":"BRB;BLZ;GUY;JAM;KNA;TTO;FJI;COG;CIV;KEN;MDG;MWI;MUS;MOZ;SWZ;TZA;ZMB;ZWE","short_title":"EU offers aid to countries hurt by sugar reform","plain_summary":"The European Union set up support worth EUR 40 million for 2006 for 18 countries, including St Kitts and Nevis, hit by its reform of sugar subsidies.","year":"2006"},{"event_id":"e-732c58441b","date":"2005-10-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"legal","title":"Arbitrator gives EU until 22 May 2006 to comply on sugar","description":"Arbitration under DSU Article 21.3(c) set the reasonable period of time for implementation at 12 months and 3 days.","source_id":"intl-wto-ds265-summary","location":"Implementation of adopted reports","quote":"the arbitrator determined that the reasonable period of time is 12 months and 3 days, expiring on 22 May 2006.","countries":"AUS;BRA;THA","short_title":"EU given until May 2006 to fix sugar subsidies","plain_summary":"Trade arbitrators gave the European Union just over a year, until 22 May 2006, to bring its sugar export subsidies into line with the rules.","year":"2005"},{"event_id":"e-bc5296b727","date":"2005-09-25","date_precision":"day","jurisdiction":"KOR","program_id":"kor-fdi-investor-residence","category":"rule_change","title":"Korea lowers the direct permanent-residence investment from US$5 million to US$2 million with 5 Korean employees","description":"Presidential Decree No. 18934 (5 Jul 2005, in force 25 Sep 2005): F-5 for a foreign investor of US$2 million employing 5 or more Koreans, replacing the earlier US$5 million item.","source_id":"kor-moleg-immigration-decree-2005","location":"Reasons for amendment, item 라; 부칙 ①","quote":"미화 200만불 이상을 투자하고 대한민국의 국민을 5인 이상 고용한 자","countries":"","short_title":"Korea lowers the direct permanent-residence investment from US$5 million to US$2 million with 5 Korean employees","plain_summary":"","year":"2005"},{"event_id":"e-886bcbc9e6","date":"2005-07-19","date_precision":"day","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"Private homes re-allowed: S$2 million option with up to 50% in residential property","description":"Minister for National Development announced a new GIP option: invest at least S$2 million in businesses, funds, foundations or trusts and/or private residential property, with up to half in property, with immediate effect.","source_id":"sgp-parl-ms-property-2005","location":"cols 933-934","quote":"This policy change will take immediate effect.","countries":"","short_title":"Singapore lets investors put S$2 million into homes again","plain_summary":"Singapore's minister announced a new investor residence option, effective immediately: investing at least S$2 million in businesses, funds, foundations or trusts, with up to half allowed in private residential property.","year":"2005"},{"event_id":"e-acb265b3ed","date":"2005-05-19","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"legal","title":"WTO adopts sugar reports","description":"The Dispute Settlement Body adopted the Appellate Body report and the panel report as modified.","source_id":"intl-wto-ds265-summary","location":"Panel and Appellate Body proceedings","quote":"At its meeting of 19 May 2005, the DSB adopted the Appellate Body report and the Panel report, as modified by the Appellate Body report.","countries":"AUS;BRA;THA","short_title":"Trade body formally adopts ruling against EU sugar subsidies","plain_summary":"The World Trade Organization's dispute body formally adopted the rulings against the European Union's sugar export subsidies.","year":"2005"},{"event_id":"e-5eb0f91d65","date":"2005-04-28","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"legal","title":"WTO Appellate Body upholds ruling against EU sugar regime","description":"The Appellate Body upheld the core findings: footnote 1 of the EC schedule (covering re-exports equivalent to ACP/India preferential imports) did not enlarge EC commitments, and cross-subsidisation of C sugar was a payment on export; the EC exceeded its export subsidy commitments.","source_id":"intl-wto-ds265-onepage","location":"Section 2","quote":"The Appellate Body upheld the Panel's finding that the European Communities violated Arts. 3.3 and 8 by exporting C sugar","countries":"AUS;BRA;THA","short_title":"Appeal panel upholds ruling against EU sugar subsidies","plain_summary":"On appeal, judges confirmed that the European Union had broken its trade commitments by subsidising sugar exports beyond agreed limits.","year":"2005"},{"event_id":"e-a3759e92c2","date":"2005-04-04","date_precision":"day","jurisdiction":"MAC","program_id":"mac-investor-residence","category":"rule_change","title":"Macau replaces the investor residence decree with Administrative Regulation 3/2005","description":"RA 3/2005 sets residence for relevant investments, investment plans, managers and technicians, and a separate property-purchase route (MOP 1 million property plus MOP 500,000 deposit); in force on publication (BO 14 of 4 Apr 2005).","source_id":"mac-bo-ra-3-2005","location":"art. 25","quote":"O presente diploma entra em vigor no dia da sua publicação.","countries":"","short_title":"Macau replaces the investor residence decree with Administrative Regulation 3/2005","plain_summary":"","year":"2005"},{"event_id":"e-484c7a961e","date":"2005-04","date_precision":"month","jurisdiction":"USA","program_id":"usa-eb5","category":"context","title":"GAO attributes low EB-5 participation to pending regulations and other factors","description":"GAO-05-256 ('Immigrant Investors: Small Number of Participants Attributed to Pending Regulations and Other Factors') cited an onerous application process, long adjudications and the suspension of processing of over 900 EB-5 cases, some dating to 1995.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 13 (84 FR 35762), footnote 23","quote":"GAO, Immigrant Investors: Small Number of Participants Attributed to Pending Regulations and Other Factors, p.3 GAO–05–256 (Apr. 2005).","countries":"","short_title":"GAO attributes low EB-5 participation to pending regulations and other factors","plain_summary":"","year":"2005"},{"event_id":"e-a3274bb6f6","date":"2005","date_precision":"year","jurisdiction":"BGR","program_id":"bgr-investor-residence","category":"launch","title":"Investor residence scheme adopted (year given by the Commission)","description":"The Commission staff working document dates the adoption of this Member State's investor residence scheme to 2005 (BG in 2005). It names only the country, not the legal act; the link to this programme id is ours.","source_id":"intl-ec-swd-2019-5","location":"PDF p. 15 (printed p. 14), footnotes 80-81","quote":"RO adopted a scheme in 2003, LT in 2004 and BG in 2005.","countries":"","short_title":"Investor residence scheme adopted (year given by the Commission)","plain_summary":"","year":"2005"},{"event_id":"e-35c37fdcb4","date":"2005","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"Newfoundland & Labrador begins participating in the federal Immigrant Investor Program","description":"Newfoundland & Labrador began receiving federal IIP investment funds (year it began participating) in 2005.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row Newfoundland & Labrador, column \"Year began participating\"","quote":"Newfoundland & Labrador 2005 $233,531,721 9.4%","countries":"","short_title":"Newfoundland & Labrador begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2005"},{"event_id":"e-315f82d176","date":"2004-11-22","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan amends the residence-grounds article (art. 16) of the Hong Kong and Macao residence regulations","description":"Amendment of arts. 16, 23, 25. The history does not show what changed.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 7","quote":"7.中華民國九十三年十一月二十二日內政部台內警字第 0930108673 號令 修正發布第 16、23、25 條條文","countries":"","short_title":"Taiwan amends the residence-grounds article (art. 16) of the Hong Kong and Macao residence regulations","plain_summary":"","year":"2004"},{"event_id":"e-e0ada74561","date":"2004-10-15","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"legal","title":"WTO panel finds EU sugar export subsidies exceed commitments","description":"The panel found that EC sugar exports had exceeded its annual commitment levels since 1995, that exports of C sugar and ACP/India-equivalent sugar received export subsidies, and that the EC acted inconsistently with Articles 3.3 and 8 of the Agreement on Agriculture.","source_id":"intl-wto-ds265-summary","location":"Panel and Appellate Body proceedings","quote":"the European Communities' exports of sugar had exceeded its annual commitment levels since 1995, and in particular since the marketing year 2000/2001.","countries":"AUS;BRA;THA","short_title":"Trade panel rules EU broke sugar export rules","plain_summary":"A World Trade Organization panel found the European Union had exported more subsidised sugar than its rules allowed, breaking its trade commitments since 1995.","year":"2004"},{"event_id":"e-d0822262b1","date":"2004-08-27","date_precision":"day","jurisdiction":"DOM","program_id":"dom-investor-residence","category":"launch","title":"Dominican General Migration Law 285-04 published, making investors a permanent-resident category","description":"Ley 285-04 art. 33(2) admits as permanent residents investors who contribute their own assets to activities of interest to the country, with the minimum amount to be set by regulation. The law states no entry-into-force date, so this is the publication date (Gaceta Oficial No. 10291, 27 Aug 2004) as cited in Decreto 631-11; the law was promulgated on 15 Aug 2004 (dom-ley-285-04-mip, PDF p. 43). Whether the earlier migration law (Ley 95 of 1939) had an investor category was not checked.","source_id":"dom-decreto-631-11","location":"PDF p. 1, VISTA clauses (OCR)","quote":"VISTA: La Ley General de Migración, No. 285-04, del 15 de agosto del 2004, Gaceta Oficial No. 10291, de 27 de agosto del 2004","countries":"","short_title":"Dominican General Migration Law 285-04 published, making investors a permanent-resident category","plain_summary":"","year":"2004"},{"event_id":"e-9b6db9cc04","date":"2004-08-15","date_precision":"day","jurisdiction":"CHN","program_id":"chn-investor-pr","category":"launch","title":"China issues the measures on permanent residence for foreigners, with a route for direct investors","description":"MPS and MFA Order 74 sets out permanent residence for foreign direct investors (three years of stable investment, US$0.5-2 million depending on sector and region), in force on promulgation.","source_id":"chn-gov-gazette-pr-measures-2004","location":"preamble of Order 74; art. 29","quote":"《外国人在中国永久居留审批管理办法》已于2003年12月13日经国务院批准，现予发布施行。","countries":"","short_title":"China issues the measures on permanent residence for foreigners, with a route for direct investors","plain_summary":"","year":"2004"},{"event_id":"e-1e8e55623c","date":"2004-08-15","date_precision":"day","jurisdiction":"DOM","program_id":"dom-investor-residence","category":"context","title":"Dominican General Migration Law 285-04 passed and promulgated","description":"The Chamber of Deputies passed Ley 285-04 on 15 Aug 2004 (Senate: 22 Jul 2004) and President Hipólito Mejía promulgated it the same day. The law makes investors a permanent-resident category (art. 33(2)), with the minimum amount left to regulation, and orders the regulation within 180 days of promulgation and publication (art. 153). The programme's launch event uses the publication date (27 Aug 2004). The 3 Aug 2004 promulgation printed at the top of the stored copy belongs to the preceding law in the same Gaceta, not to Ley 285-04.","source_id":"dom-ley-285-04-mip","location":"PDF p. 42-43, closing formulas","quote":"PROMULGO la presente Ley y mando que sea publicada en la Gaceta Oficial, para su conocimiento y cumplimiento. DADA en la ciudad de Santo Domingo de Guzman, Distrito Nacional, Capital de la Republica Dominicana, a 10s quince (15) dias del mes de agosto del aiio dos mil cuatro (2004)","countries":"","short_title":"Dominican General Migration Law 285-04 passed and promulgated","plain_summary":"","year":"2004"},{"event_id":"e-5a4bd44a13","date":"2004-05-02","date_precision":"day","jurisdiction":"HND","program_id":"hnd-investor-residence","category":"launch","title":"Honduras Migration and Aliens Law (Decreto 208-2003) enters into force, creating investor residence","description":"Arts. 31-33 of the Ley de Migración y Extranjería let foreigners who invest at least USD 50,000 in a lawful activity, or in state and national-bank securities, acquire 'residente inversionista' status. Art. 114 puts the law in force sixty days after publication in La Gaceta No. 30,331 of 3 Mar 2004; 2 May 2004 is counted by us. It repeals Decreto 34 of 1970 (Ley de Población y Política Migratoria), which was not read, so whether an investor category existed earlier is not known.","source_id":"hnd-gaceta-30331-2004-ley-migracion","location":"PDF p. 19, art. 114; p. 1 masthead; pp. 7-8, arts. 31-33","quote":"Esta Ley entrará en vigencia sesenta (60) días después de su publicación en el Diario Oficial \"La Gaceta\".","countries":"","short_title":"Honduras Migration and Aliens Law (Decreto 208-2003) enters into force, creating investor residence","plain_summary":"","year":"2004"},{"event_id":"e-add616ea39","date":"2004-04-30","date_precision":"day","jurisdiction":"LTU","program_id":"ltu-investor-residence","category":"launch","title":"Lithuania's Law on the Legal Status of Aliens takes effect, with residence for foreign company owners","description":"Law No IX-2206 of 29 April 2004, in force 30 April 2004, art. 45(1)(1): temporary residence (one year) for a foreigner who registers a company in Lithuania as owner or co-owner of at least 10% of its capital or votes, where his presence is necessary for the company. No minimum investment in the 2004 wording; the EUR amounts (EUR 14,000/28,000; EUR 260,000 route) came by later amendments (XII-2609 of 2016 and earlier, pre-2014 amendments not identified). Matches the Commission's dating of the Lithuanian scheme to 2004.","source_id":"ltu-seimas-aliens-law-2004-page","location":"e-seimas record header ('Įsigalioja')","quote":"Įsigalioja 2004-04-30","countries":"","short_title":"Lithuania's Law on the Legal Status of Aliens takes effect, with residence for foreign company owners","plain_summary":"","year":"2004"},{"event_id":"e-740cd15353","date":"2004-02","date_precision":"month","jurisdiction":"TCA","program_id":"tca-prc-investment","category":"context","title":"Immigration Review Commission reports abuses in Belongership and PRC grants","description":"The Immigration Review Commission appointed in 2003 (chaired by Don-Hue Gardiner) reported in February 2004, identifying Belonger status given for political favours and PRC applications ignored or delayed for months or years, and recommended an independent Citizenship Commission and clear criteria; according to the 2009 Commission of Inquiry little or nothing came of it.","source_id":"tca-coi-auld-2009","location":"PDF p. 108 (printed p. 107), paras 3.70-3.74","quote":"including instances of Belonger status given blatantly in return for political favours","countries":"","short_title":"Immigration Review Commission reports abuses in Belongership and PRC grants","plain_summary":"","year":"2004"},{"event_id":"e-987c589bd2","date":"2004-01-01","date_precision":"day","jurisdiction":"CYM","program_id":"cym-pim-residency","category":"launch","title":"Cayman 25-year residential certificate for persons of independent means available from 1 January 2004","description":"Section 33 of the Immigration Law, 2003 (Law 34 of 2003) created a 25-year Residential Certificate for Retirees for persons of independent means who invest a prescribed sum in developed residential real estate and other local investments. Law 35 of 2006 renamed it the Residency Certificate for Persons of Independent Means and treats certificates under s. 33 as granted from 1 January 2004. The original 2003 enactment and its commencement clause were not read; the date is the one Law 35 of 2006 gives for the first grants (also the changeover date in the 2006 Revision's transitional provisions). The amounts were prescribed by the Immigration Regulations, 2004, in effect from 18 May 2004.","source_id":"cym-imm-amend2-law-2006","location":"PDF p. 24, s. 24 (new s. 35(2)(a))","quote":"granted between 1st January, 2004 and the commencement of the new Law","countries":"","short_title":"Cayman 25-year residential certificate for persons of independent means available from 1 January 2004","plain_summary":"","year":"2004"},{"event_id":"e-d3ab694894","date":"2004","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"Manitoba begins participating in the federal Immigrant Investor Program","description":"Manitoba began receiving federal IIP investment funds (year it began participating) in 2004.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row Manitoba, column \"Year began participating\"","quote":"Manitoba 2004 $262,813,725 10.6%","countries":"","short_title":"Manitoba begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2004"},{"event_id":"e-9e57638116","date":"2004","date_precision":"year","jurisdiction":"LTU","program_id":"ltu-investor-residence","category":"launch","title":"Investor residence scheme adopted (year given by the Commission)","description":"The Commission staff working document dates the adoption of this Member State's investor residence scheme to 2004 (LT in 2004). It names only the country, not the legal act; the link to this programme id is ours.","source_id":"intl-ec-swd-2019-5","location":"PDF p. 15 (printed p. 14), footnotes 80-81","quote":"RO adopted a scheme in 2003, LT in 2004 and BG in 2005.","countries":"","short_title":"Investor residence scheme adopted (year given by the Commission)","plain_summary":"","year":"2004"},{"event_id":"e-11b1ee38ef","date":"2004","date_precision":"year","jurisdiction":"PAN","program_id":"pan-panama-pacifico-investor","category":"legal_basis","title":"Panamá-Pacífico special regime (Ley 41 of 2004) cited as the basis of the area's investor permit","description":"DE 320 of 2008 requires the investor's company to be authorised under the special regime of Ley 41 of 2004, the Panamá-Pacífico area law (not stored); the same regulation says the area's staff permits are governed by Ley 41 of 2004. Year only: the law's exact date is not printed.","source_id":"pan-go-de320-2008","location":"p. 53, art. 207(1)(c)","quote":"Que la empresa se encuentra autorizada bajo el régimen especial establecido en la Ley de No. 41 del 2004","countries":"","short_title":"Panamá-Pacífico special regime (Ley 41 of 2004) cited as the basis of the area's investor permit","plain_summary":"","year":"2004"},{"event_id":"e-cabc8a9223","date":"2004","date_precision":"year","jurisdiction":"SGP","program_id":"sgp-gip","category":"launch","title":"Global Investor Programme starts (per MTI)","description":"MTI and EDB give 2004 as the start of the GIP (run by Contact Singapore, part of EDB). The 2005 statement shows a scheme of that name existed earlier; 2004 may mark a relaunch. Not resolved.","source_id":"sgp-parl-wa-gip-2017","location":"written answer","quote":"since the programme's inception in 2004","countries":"","short_title":"Singapore's Global Investor Programme starts in 2004, agency says","plain_summary":"Singapore's trade agencies date the Global Investor Programme to 2004, though a 2005 statement suggests a scheme of that name existed earlier, so 2004 may mark a relaunch.","year":"2004"},{"event_id":"e-bdf8c6aaeb","date":"2004","date_precision":"year","jurisdiction":"ZAF","program_id":"zaf-business-visa-investor","category":"legal","title":"Immigration Act 2002 amended by the Immigration Amendment Act 19 of 2004","description":"The gov.za record of the Immigration Act lists it as amended by the Immigration Amendment Act 19 of 2004. The page does not say what changed; the year is the year in the Act's number. (The programme notes date the change from business permit to business visa to the 2011 amendments; not stated on this page.)","source_id":"zaf-govza-immigration-act-page","location":"Amendments list on the page","quote":"Amended by Immigration Amendment Act 19 of 2004","countries":"","short_title":"Immigration Act 2002 amended by the Immigration Amendment Act 19 of 2004","plain_summary":"","year":"2004"},{"event_id":"e-5431c4af37","date":"2003-10-27","date_precision":"day","jurisdiction":"HKG","program_id":"hkg-cies","category":"launch","title":"Capital Investment Entrant Scheme opens","description":"The CIES starts receiving applications: residence for people investing at least HK$6.5 million in Hong Kong property or financial assets without running a business. Open to foreign nationals, Macao residents, Taiwan residents, stateless persons and Chinese nationals with permanent residence abroad, but not to Mainland residents because of foreign-exchange controls. Announced on 30 Sept 2003.","source_id":"hkg-isd-pr-cies-launch-2003","location":"para 1","quote":"The Government today (September 30) announced that the Capital Investment Entrant Scheme will start receiving applications on October 27, 2003.","countries":"","short_title":"Hong Kong opens an investor residence scheme","plain_summary":"From 27 October 2003 Hong Kong accepted applications from people investing at least HK$6.5 million in property or financial assets, without running a business. It was not open to mainland Chinese residents.","year":"2003"},{"event_id":"e-01dedaa88c","date":"2003-09-26","date_precision":"day","jurisdiction":"PER","program_id":"per-investor-residence","category":"rule_change","title":"Ley 28072 narrows Peru's 'Independiente' status to investors and the self-employed","description":"Ley 28072, published 26 Sep 2003, amended the Aliens Law (DL 703): the 'Independiente' status, which had covered those entering to invest, to live on their income or to practise a profession independently, now covers only investors and independent professionals, and a separate 'Rentista' status with indefinite residence was added (arts. 11(p), 34). Date is the publication date printed in the compilation's notes; no entry-into-force date is given.","source_id":"per-dl-703-1991","location":"PDF p. 6, art. 11(n) and note","quote":"(*) Inciso modificado por el Artículo 2 de la Ley N° 28072, publicada el 26-09-2003, cuyo texto es el siguiente: \"n) Independiente.- Aquellos que ingresan al país para realizar inversiones o ejercer su profesión en forma independiente.\"","countries":"","short_title":"Ley 28072 narrows Peru's 'Independiente' status to investors and the self-employed","plain_summary":"","year":"2003"},{"event_id":"e-4affd3a08f","date":"2003-09-01","date_precision":"day","jurisdiction":"KOR","program_id":"kor-fdi-investor-residence","category":"rule_change","title":"Korea: investors of US$500,000 may get permanent residence after 3 years instead of 8","description":"Presidential Decree No. 18097 (in force on promulgation, 1 Sep 2003): F-5 for a foreign investor of US$500,000 or more who has stayed 3 years in corporate-investor (D-8) status and contributed to job creation.","source_id":"kor-moleg-immigration-decree-2003","location":"Reasons for amendment, item 마; annex 1 item 28-3","quote":"미국화폐 50만불 이상을 투자한 외국인이 영주자격을 취득하기 위하여 필요한 체류기간을 8년에서 3년으로 단축하여","countries":"","short_title":"Korea: investors of US$500,000 may get permanent residence after 3 years instead of 8","plain_summary":"","year":"2003"},{"event_id":"e-245e176dfd","date":"2003-07-29","date_precision":"day","jurisdiction":"THA","program_id":"tha-privilege","category":"launch","title":"Cabinet resolution sets up Thailand Privilege Card Co. to run the membership card","description":"The company was established under a Cabinet resolution of 29 July 2003 (B.E. 2546) for TAT to run the Thailand Privilege (then Thailand Elite) membership card project, with registered capital of THB 1,000 million.","source_id":"tha-tpc-ar-2025","location":"PDF p. 16 (printed p. 14), section 1 background","quote":"จัดตั้งขึ้นตามมติคณะรัฐมนตรีเมื่อวันที่ 29 กรกฎาคม 2546","countries":"","short_title":"Cabinet resolution sets up Thailand Privilege Card Co. to run the membership card","plain_summary":"","year":"2003"},{"event_id":"e-aeef00b62b","date":"2003-05","date_precision":"month","jurisdiction":"SYC","program_id":"","category":"closure","title":"Economic Development Act repealed; FinCEN withdraws advisory","description":"FinCEN withdraws its 1996 advisory because Seychelles has repealed the 1995 Economic Development Act; the FATF had also withdrawn its warning. The repeal date itself is not given.","source_id":"syc-fincen-withdrawal-2003","location":"p. 1","quote":"the Republic of Seychelles has repealed the 1995 Economic Development Act (EDA)","countries":"","short_title":"Seychelles repeals its 1995 investor law","plain_summary":"In May 2003 a US financial crimes agency withdrew its 1996 warning because Seychelles had repealed the 1995 Economic Development Act. The anti-money-laundering body had also withdrawn its warning. No repeal date is given.","year":"2003"},{"event_id":"e-fb303b5d5c","date":"2003-03-14","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"Thailand joins the sugar challenge (DS283)","description":"Thailand requested consultations on the same matter, completing the three complainants (Australia, Brazil, Thailand).","source_id":"intl-wto-ds265-summary","location":"Consultations","quote":"On 14 March 2003, Thailand requested consultations with the European Communities on the same matter.","countries":"THA","short_title":"Thailand joins the challenge against EU sugar subsidies","plain_summary":"Thailand joined Australia and Brazil in asking the World Trade Organization to examine European Union sugar export subsidies.","year":"2003"},{"event_id":"e-273218790b","date":"2003-03-12","date_precision":"day","jurisdiction":"ZAF","program_id":"zaf-business-visa-investor","category":"launch","title":"South Africa's Immigration Act 2002 comes into force, creating the business permit for investors","description":"The government portal records that the Immigration Act 13 of 2002 came into force on 12 March 2003 for all sections other than ss. 4, 7, 37 and 52 (Gazette 24951 of 20 Feb 2003); this covers s. 15 (business permit for a foreigner investing the prescribed financial or capital contribution) and s. 27(c) (permanent residence on the same basis). The proclamation itself was not read. Any business or investor permit under the earlier Aliens Control Act 1991 would be a separate scheme with its own legal basis (not researched).","source_id":"zaf-govza-immigration-act-page","location":"Commencement section of the page","quote":"12 March 2003 , all other sections except Section 37 (Gazette 24951 of 20 February 2003)","countries":"","short_title":"South Africa's Immigration Act 2002 comes into force, creating the business permit for investors","plain_summary":"","year":"2003"},{"event_id":"e-96f9f48302","date":"2003-03-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-business-skills-investor","category":"launch","title":"Investor (Provisional) subclass 162 and State/Territory Sponsored Investor subclass 165 visas commence","description":"Schedule 2 of the Migration Amendment Regulations 2002 (No. 10) (SR 2002 No. 348, made 19 Dec 2002) inserts Subclass 162 Investor (Provisional) and Subclass 165 State/Territory Sponsored Investor (Provisional), with a 'designated investment' of AUD1,500,000 (162) or AUD750,000 (165) and the residence subclasses that follow; in force 1 March 2003. The 1992 'first version of the Business Skills programme' (FOI release) is kept as a separate, earlier account of the wider programme; whether a pre-2003 investment-linked visa should count as this programme's start was not checked.","source_id":"aus-leg-sr-2002-348","location":"reg. 2 (Commencement), p. 2","quote":"on 1 March 2003 — regulation 4 and Schedule 2.","countries":"","short_title":"Investor (Provisional) subclass 162 and State/Territory Sponsored Investor subclass 165 visas commence","plain_summary":"","year":"2003"},{"event_id":"e-27d974953d","date":"2003-03-01","date_precision":"day","jurisdiction":"AUS","program_id":"aus-business-skills-investor","category":"rule_change","title":"Regulation 5.19A(2)(a) (designated investments) amended: \"3\" replaced by \"4\"","description":"Item [2117] of Schedule 2, commencing 1 March 2003, omits \"3\" and inserts \"4\" in paragraph 5.19A(2)(a) of the Migration Regulations 1994, the regulation under which the Minister specifies the securities that count as designated investments for subclasses 162, 165, 891 and 893. This instrument does not print the paragraph itself; the change fits the new 4-year holding requirement in clauses 891.222 and 893.223, but what the number counts is not stated here.","source_id":"aus-leg-sr-2002-348","location":"p. 11, Sch. 2 Part 1, item [2117]","quote":"[2117] Paragraph 5.19A (2) (a) omit 3 insert 4","countries":"","short_title":"Regulation 5.19A(2)(a) (designated investments) amended: \"3\" replaced by \"4\"","plain_summary":"","year":"2003"},{"event_id":"e-9e2911261b","date":"2003","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"North West Territories begins participating in the federal Immigrant Investor Program","description":"North West Territories began receiving federal IIP investment funds (year it began participating) in 2003.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row North West Territories, column \"Year began participating\"","quote":"North West Territories 2003 $106,973,240 4.4%","countries":"","short_title":"North West Territories begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2003"},{"event_id":"e-9096c63bde","date":"2002-09-27","date_precision":"day","jurisdiction":"INTL","program_id":"","category":"context","title":"Australia and Brazil challenge EU sugar export subsidies at the WTO","description":"Australia and Brazil requested WTO consultations with the European Communities over export subsidies under the EC sugar regime (Council Regulation 1260/2001), opening disputes DS265 and DS266. St Kitts and Nevis was among the ACP sugar exporters that asked to join the consultations.","source_id":"intl-wto-ds265-summary","location":"Consultations","quote":"On 27 September 2002, Australia and Brazil requested consultations with the European Communities concerning the export subsidies provided by the EC in the framework of its Common Organisation of the Market for the sugar sector.","countries":"AUS;BRA;BRB;BLZ;CAN;COL;COG;CIV;FJI;GUY;IND;JAM;KEN;MDG;MWI;MUS;KNA;SWZ;ZWE","short_title":"Australia and Brazil challenge EU sugar subsidies at trade body","plain_summary":"Australia and Brazil asked the World Trade Organization to examine European Union subsidies for sugar exports; St Kitts and Nevis, which relied on selling sugar to Europe, asked to join the case.","year":"2002"},{"event_id":"e-337b7c3171","date":"2002-05-31","date_precision":"day","jurisdiction":"ZAF","program_id":"zaf-business-visa-investor","category":"legal","title":"South Africa publishes the Immigration Act 2002, creating the business permit for investors","description":"Section 15 lets the Department issue a business permit to a foreigner intending to establish or invest in a business, provided he invests the prescribed financial or capital contribution; s. 27(c) gives permanent residence on a similar basis. Date is the Gazette publication; commencement was set by proclamation (not stored).","source_id":"zaf-act-13-2002-immigration","location":"Government Gazette 23478, s. 15(1)","quote":"intending to establish, or invest in. a business in the Republic","countries":"","short_title":"South Africa publishes the Immigration Act 2002, creating the business permit for investors","plain_summary":"","year":"2002"},{"event_id":"e-90a03ed2f4","date":"2002-04-18","date_precision":"day","jurisdiction":"KOR","program_id":"kor-fdi-investor-residence","category":"launch","title":"Korea gives residence (F-2) to investors and creates permanent residence (F-5)","description":"Presidential Decree No. 17579 (promulgated and in force 18 Apr 2002) amends annex 1 of the Immigration Act Enforcement Decree: F-2 residence for a person who invests at least an amount and period set by the Minister of Justice in a domestic business and keeps running it, and new F-5 permanent residence, including for such investors after 5 years in F-2 who created jobs for Koreans. The amount was left to the Minister and is not in the decree.","source_id":"kor-moleg-immigration-decree-2002","location":"Annex 1 item 27 (F-2); 부칙 제1조; reasons for amendment","quote":"장기체류외국인 및 투자외국인중 일정한 자격을 갖춘 자에 대하여 영주자격을 부여할 수 있도록 하고","countries":"","short_title":"Korea gives residence (F-2) to investors and creates permanent residence (F-5)","plain_summary":"","year":"2002"},{"event_id":"e-1ba57b0079","date":"2002-03-06","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"rule_change","title":"Taiwan amends the Hong Kong and Macao residence regulations, including the residence-grounds article (art. 16) and settlement (art. 29)","description":"Amendment of arts. 8, 9, 13, 16, 22, 24, 25, 29, 30, 35, 38 and new arts. 5-1, 5-2. Art. 16 holds the investment and deposit grounds; the history does not show what changed.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 5","quote":"5.中華民國九十一年三月六日內政部（91）台內警字第 0910078595 號令 修正發布第 8、9、13、16、22、24、25、29、30、35、38 條條文；並 增訂第 5-1、5-2 條條文","countries":"","short_title":"Taiwan amends the Hong Kong and Macao residence regulations, including the residence-grounds article (art. 16) and settlement (art. 29)","plain_summary":"","year":"2002"},{"event_id":"e-fa151f3f52","date":"2002","date_precision":"year","jurisdiction":"INTL","program_id":"","category":"context","title":"CFATF plans a 2002 typologies exercise on Caribbean economic citizenship programmes","description":"The Caribbean Financial Action Task Force scheduled typologies exercises for 2002 on the economic citizenship programmes existing in the Caribbean and on terrorist financing (as reported by the US State Department).","source_id":"intl-usdos-incsr-2001","location":"Caribbean Financial Action Task Force section (international organisations part)","quote":"For the year 2002, typologies exercises will be conducted on the issues of Economic Citizenship Programs existing in the Caribbean, and on Terrorist Financing.","countries":"","short_title":"CFATF plans a 2002 typologies exercise on Caribbean economic citizenship programmes","plain_summary":"","year":"2002"},{"event_id":"e-21f551e0b5","date":"2002","date_precision":"year","jurisdiction":"MYS","program_id":"mys-mm2h","category":"launch","title":"MM2H launched","description":"The government started the Malaysia My Second Home programme to attract financially able foreigners to live in Malaysia on a renewable 10-year social visit pass.","source_id":"mys-parl-pq-lisan22-2019","location":"p. 1","quote":"Program Malaysia Rumah Keduaku (MM2H) merupakan satu inisiatif Kerajaan Malaysia sejak tahun 2002","countries":"","short_title":"Malaysia launches its My Second Home programme","plain_summary":"In 2002 the Malaysian government started the Malaysia My Second Home programme to attract financially able foreigners to live in Malaysia on a renewable 10-year social visit pass.","year":"2002"},{"event_id":"e-aa991b32cb","date":"2002","date_precision":"year","jurisdiction":"PAN","program_id":"pan-call-center-investor","category":"legal_basis","title":"Decreto Ejecutivo 97 of 2002 cited as the basis of the call-centre investor permit","description":"DE 320 of 2008 says that, as established by Decreto Ejecutivo 97 of 2002 (not stored), call-centre investor permits are like the export processing zone investor permits and have the same requirements. DE 97 may itself have created the permit; it is not stored, so the launch date stays at DE 320. Year only.","source_id":"pan-go-de320-2008","location":"p. 55, art. 214","quote":"Tal como lo establece el Decreto Ejecutivo 97 del 2002, serán similares y deberán cumplir con los mismos requisitos","countries":"","short_title":"Decreto Ejecutivo 97 of 2002 cited as the basis of the call-centre investor permit","plain_summary":"","year":"2002"},{"event_id":"e-0d61ffece9","date":"2001-08-31","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"rule_change","title":"PRA placed under the Board of Investments","description":"Executive Order 26 transferred control and supervision of PRA from the Office of the President to the Board of Investments (DTI).","source_id":"phl-pra-ar-2019","location":"PDF p. 9","quote":"On 31 August 2001, through Executive Order No. 26 (E.O. 26), the control and supervision of PRA was transferred to the Board of Investment (BOI)","countries":"","short_title":"Philippine retiree visa agency moved under the Board of Investments","plain_summary":"On 31 August 2001 a presidential order moved control and supervision of the Philippine Retirement Authority from the Office of the President to the Board of Investments.","year":"2001"},{"event_id":"e-84fa256d35","date":"2001-08-07","date_precision":"day","jurisdiction":"UKR","program_id":"ukr-immigration-investor","category":"launch","title":"Ukraine's Law on Immigration, with an investor category, enters into force","description":"The Law on Immigration of 7 June 2001 enters into force; investors of at least USD 100,000 are one of the categories eligible for an immigration permit within the quota.","source_id":"ukr-rada-immigration-law-card","location":"history of the document","quote":"07.08.2001 Набрання чинності","countries":"","short_title":"Ukraine's Law on Immigration, with an investor category, enters into force","plain_summary":"","year":"2001"},{"event_id":"e-d296780cfc","date":"2001-06-07","date_precision":"day","jurisdiction":"UKR","program_id":"ukr-immigration-investor","category":"context","title":"Ukraine adopts the Law on Immigration with an investor category","description":"The first edition lists persons who made a foreign investment of at least USD 100,000 among the immigration quota categories; the law enters into force one month after publication.","source_id":"ukr-rada-immigration-law-2001","location":"Розділ V, п. 1","quote":"Цей Закон набирає чинності через місяць з дня його опублікування","countries":"","short_title":"Ukraine adopts the Law on Immigration with an investor category","plain_summary":"","year":"2001"},{"event_id":"e-8cf43d4f9e","date":"2001","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"British Columbia begins participating in the federal Immigrant Investor Program","description":"British Columbia began receiving federal IIP investment funds (year it began participating) in 2001.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row British Columbia, column \"Year began participating\"","quote":"British Columbia 2001 $365,820,161 14.3%","countries":"","short_title":"British Columbia begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2001"},{"event_id":"e-26c4a50a0f","date":"2001","date_precision":"year","jurisdiction":"NPL","program_id":"npl-investor-residential-visa","category":"rule_change","title":"Nepal sets the residential-visa investor ground at US$100,000 in industry (first amendment of the Immigration Rules)","description":"Rule 11(1)(घ) of the Immigration Rules 2051, as amended by the Immigration (First Amendment) Rules 2058 (Gazette 2058-02-22 BS; 2001 by the document's own date anchor), gives a residential visa to a person who invests at least US$100,000, or the equivalent in convertible foreign currency, at one time in Nepal's industrial business. The year is converted from the Bikram Sambat date; quote transcribed from the page image.","source_id":"npl-immigration-rules-2051","location":"PDF p. 10, rule 11(1)(घ) and footnote; PDF p. 1, amendment table","quote":"कम्तिमा एकलाख अमेरिकी डलर वा सो बराबरको परिवत्र्य विदेशी मुद्रा एकैपटक लगानी गर्ने व्यक्ति","countries":"","short_title":"Nepal sets the residential-visa investor ground at US$100,000 in industry (first amendment of the Immigration Rules)","plain_summary":"","year":"2001"},{"event_id":"e-928baee351","date":"2000","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"Prince Edward Island begins participating in the federal Immigrant Investor Program","description":"Prince Edward Island began receiving federal IIP investment funds (year it began participating) in 2000.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row Prince Edward Island, column \"Year began participating\"","quote":"Prince Edward Island 2000 $198,867,196 8%","countries":"","short_title":"Prince Edward Island begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2000"},{"event_id":"e-e7a75dbd7b","date":"2000","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"context","title":"Ontario begins participating in the federal Immigrant Investor Program","description":"Ontario began receiving federal IIP investment funds (year it began participating) in 2000.","source_id":"can-cic-eval-bip-2014","location":"Section 5.1.3, Table 5.8, row Ontario, column \"Year began participating\"","quote":"Ontario 2000 $1,039,724,748 41.9 %","countries":"","short_title":"Ontario begins participating in the federal Immigrant Investor Program","plain_summary":"","year":"2000"},{"event_id":"e-d6cb00e150","date":"1999-12-20","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"legal_basis","title":"Hong Kong and Macao Relations Act takes effect for Macao, enabling residence regulations for Macao residents","description":"By Executive Yuan order of 16 November 1999, the parts of the Hong Kong and Macao Relations Act concerning Macao take effect on 20 December 1999 (the Hong Kong parts had taken effect on 1 July 1997). Article 12 of the Act lets Hong Kong and Macao residents apply for residence or settlement under Ministry of the Interior regulations.","source_id":"twn-mac-hkmo-relations-act-history-2026","location":"沿革, item 2","quote":"本條例涉及澳門部分，定自中華民國八十八年十二月二十日施行","countries":"","short_title":"Hong Kong and Macao Relations Act takes effect for Macao, enabling residence regulations for Macao residents","plain_summary":"","year":"1999"},{"event_id":"e-ed733506da","date":"1999-05-31","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"launch","title":"Hong Kong and Macao residence regulations (full revision) list investment of NT$5 million as a ground for residence","description":"The earliest text found: art. 16(1)(5) of the regulations as they stood on 6 Aug 2001 gives residence to a Hong Kong or Macao resident with an investment in Taiwan of NT$5 million or more approved by the central authority, and art. 16(1)(6) to one who remits NT$5 million and keeps it on deposit for a year. Art. 16 was not amended in 2000 or 2001 (amendment history), so the wording dates from the full revision issued 31 May 1999 (dated by us from the history). Whether the original regulations of 30 June 1997 already had it is not known (no text of them is stored); recorded as the launch on the earliest text found, as in programs.launched (1999-05-31).","source_id":"twn-moi-hkmo-residence-regs-2001","location":"Art. 16(1)(5)","quote":"在臺灣地區有新台幣五百萬元以上之投資，經中央目的事業主管機關","countries":"","short_title":"Hong Kong and Macao residence regulations (full revision) list investment of NT$5 million as a ground for residence","plain_summary":"","year":"1999"},{"event_id":"e-ec6299ea37","date":"1999-05-21","date_precision":"day","jurisdiction":"TWN","program_id":"","category":"context","title":"Taiwan enacts the Immigration Act (70 articles), in force the same day","description":"First Immigration Act promulgated 21 May 1999 and in force from that day by Executive Yuan letter. Whether it had investment grounds for residence is not shown in the history.","source_id":"twn-moj-immigration-act-history-2026","location":"amendment history, entry 1","quote":"1.中華民國八十八年五月二十一日總統（88）華總一義字第 8800119740 號令制定公布全文 70 條 中華民國八十八年五月二十八日行政院（88）台內字第 20932 號函定 於八十八年五月二十一日施行","countries":"","short_title":"Taiwan enacts the Immigration Act (70 articles), in force the same day","plain_summary":"","year":"1999"},{"event_id":"e-5b4cb343cc","date":"1999","date_precision":"year","jurisdiction":"PAN","program_id":"pan-ciudad-saber-investor","category":"legal_basis","title":"City of Knowledge law (Decreto Ley 6 of 1999) cited as the basis of City of Knowledge residence permits","description":"DE 320 of 2008 grants temporary residence to foreigners coming as researchers, teachers, businesspeople, technicians or students to help develop the City of Knowledge Foundation project, as provided by Decreto Ley 6 of 1999 (not stored). Year only. The businessperson or executive subcategory (art. 113) sets no investment amount.","source_id":"pan-go-de320-2008","location":"p. 34, art. 108","quote":"conforme lo dispone el Decreto Ley 6 de 1999","countries":"","short_title":"City of Knowledge law (Decreto Ley 6 of 1999) cited as the basis of City of Knowledge residence permits","plain_summary":"","year":"1999"},{"event_id":"e-88cd65c83d","date":"1997-07-01","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"legal_basis","title":"Hong Kong and Macao Relations Act takes effect for Hong Kong, enabling residence regulations","description":"The Act (enacted 2 Apr 1997) lets Hong Kong and Macao residents apply for residence or settlement under regulations of the Ministry of the Interior (art. 12). Its Hong Kong provisions took effect on 1 Jul 1997 by Executive Yuan order of 19 Jun 1997; the Macao provisions on 20 Dec 1999. The investment ground itself is in the regulations, not the Act.","source_id":"twn-mac-hkmo-relations-act-history-2026","location":"沿革, item 1","quote":"中華民國八十六年六月十九日行政院（86）台僑字第 25199  號令發布本條例涉及香港部分，定於中華民國八十六年七月一日施行","countries":"","short_title":"Hong Kong and Macao Relations Act takes effect for Hong Kong, enabling residence regulations","plain_summary":"","year":"1997"},{"event_id":"e-d8af422e32","date":"1997-06-30","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"context","title":"Regulations for Hong Kong and Macao residents first issued","description":"The Ministry of the Interior issued the full text (38 articles) of the regulations on entry, residence and registered permanent residence of Hong Kong and Macao residents on 30 June 1997; amended many times since (full texts 1999, 2009, 2013, 2018). Whether the 1997 text already had an investment ground is not stated.","source_id":"twn-nia-hkmo-residence-regs-en-2018","location":"PDF p. 1, amendment history","quote":"On June 30, 1997, the Ministry of the Interior (86) Order No. 8680202 issued a full text of 38 Articles","countries":"","short_title":"Regulations for Hong Kong and Macao residents first issued","plain_summary":"","year":"1997"},{"event_id":"e-a9c1da40b4","date":"1997-06-30","date_precision":"day","jurisdiction":"TWN","program_id":"twn-hkmo-investment-residence","category":"legal_basis","title":"Taiwan issues the regulations on Hong Kong and Macao residents' entry, residence and settlement (38 articles)","description":"The Ministry of the Interior first issues the regulations (香港澳門居民進入臺灣地區及居留定居許可辦法) on 30 June 1997. The history does not show whether this first text already had an investment ground for residence.","source_id":"twn-moi-hkmo-residence-regs-history-2026","location":"amendment history, entry 1","quote":"1.中華民國八十六年六月三十日內政部（86）台內警字第 8680202 號令 訂定發布全文 38 條","countries":"","short_title":"Taiwan issues the regulations on Hong Kong and Macao residents' entry, residence and settlement (38 articles)","plain_summary":"","year":"1997"},{"event_id":"e-c4817227ae","date":"1996-11-08","date_precision":"day","jurisdiction":"PRY","program_id":"pry-investor-residence","category":"launch","title":"Paraguay's 1996 migration law admits investors as permanent residents","description":"Ley 978/1996 De Migraciones (promulgated 8 Nov 1996) lets permanent residents enter as investors (art. 14(2)), defined as foreigners making investments or transfers of financial and technological resources for areas set by the authorities (art. 18), alongside 'immigrants with capital' (art. 17). No amount in the law. Date is the promulgation date from the Congress library record; no publication or in-force date is given. Possibly the start of investor permanent residence in Paraguay; the 1974 law it repealed (Ley 470) was not read. Launch per METHODOLOGY decision 14 (first official text making investors permanent residents); the date is the one the law gives (no separate in-force date read).","source_id":"pry-ley-978-1996","location":"arts. 14 and 18; BACN record header (Fecha de Promulgación)","quote":"Serán considerados inversores los extranjeros que realicen inversiones y/o transferencia de recursos financieros y tecnológicos para el desarrollo de aquellas áreas o actividades que determinen las autoridades competentes.","countries":"","short_title":"Paraguay's 1996 migration law admits investors as permanent residents","plain_summary":"","year":"1996"},{"event_id":"e-35ed1510e8","date":"1996-02-01","date_precision":"day","jurisdiction":"SYC","program_id":"","category":"scandal","title":"FATF condemns Seychelles law offering immunity to USD 10 million investors","description":"The FATF condemns the Seychelles Economic Development Act 1995, which allowed concessions including immunity from prosecution and asset forfeiture for investors of at least USD 10 million; FinCEN tells US banks to scrutinise Seychelles transactions (March 1996).","source_id":"syc-fincen-advisory-1996","location":"p. 1","quote":"Among the concessions specifically permitted under the law are immunity from criminal prosecution and from forfeiture of assets.","countries":"","short_title":"International bodies criticise Seychelles law giving immunity to US$10 million investors","plain_summary":"A 1995 Seychelles law allowed immunity from prosecution and asset seizure for investors of at least US$10 million. An anti-money-laundering body condemned it, and in March 1996 US banks were told to scrutinise Seychelles transactions.","year":"1996"},{"event_id":"e-dfcab7c2a7","date":"1996","date_precision":"year","jurisdiction":"MYS","program_id":"mys-mm2h","category":"context","title":"Predecessor of MM2H began in 1996","description":"The Home Ministry's secretary-general told the PAC that the programme that preceded MM2H started in 1996 and had never been fully reviewed in more than 20 years (oral statement).","source_id":"mys-pac-mm2h-dr5-2022","location":"PDF p. 23 (transcript p. 4)","quote":"Ini kerana program yang ada sebelum ini bermula pada tahun 1996 lagi.","countries":"","short_title":"Predecessor of MM2H began in 1996","plain_summary":"","year":"1996"},{"event_id":"e-ed78ef47a8","date":"1996","date_precision":"year","jurisdiction":"SGP","program_id":"sgp-gip","category":"rule_change","title":"Private residential property removed from GIP investments","description":"According to a 2005 ministerial statement, private homes had been allowed as a GIP investment but were removed from the list of allowable instruments in 1996. This implies an investor-PR scheme under the GIP name before the 2004 date MTI gives as the programme's inception.","source_id":"sgp-parl-ms-property-2005","location":"col. 933","quote":"Private residential properties, which had been allowed under the GIP, were removed from the list of allowable investment instruments under the scheme in 1996.","countries":"","short_title":"Singapore drops private homes from its investor residence programme","plain_summary":"A 2005 government statement says Singapore had allowed private homes as an investment under its investor residence programme but removed them from the allowed list in 1996.","year":"1996"},{"event_id":"e-a33280d78e","date":"1995-04-01","date_precision":"day","jurisdiction":"MAC","program_id":"mac-investor-residence","category":"rule_change","title":"Macau decree on residence for investors (DL 14/95/M) takes effect, replacing DL 3/84/M","description":"Decreto-Lei 14/95/M creates incentives for investors, managers and specialised technicians to settle; relevant investments include at least MOP 1 million placed in real estate or productive assets. It revokes DL 3/84/M, under which investor residence applications were already pending.","source_id":"mac-bo-dl-14-95-m","location":"art. 13","quote":"O presente diploma entra em vigor no dia 1 de Abril de 1995.","countries":"","short_title":"Macau decree on residence for investors (DL 14/95/M) takes effect, replacing DL 3/84/M","plain_summary":"","year":"1995"},{"event_id":"e-e806610190","date":"1995-01-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"rule_change","title":"Federal Direct Tax Act with lump-sum taxation (art. 14) enters into force","description":"The DBG of 14 December 1990, which wrote lump-sum taxation into federal law (art. 14), entered into force on 1 January 1995 (date of entry into force printed at the end of the consolidated act). Complements the existing 1990-12-14 adoption event.","source_id":"che-fedlex-dbg-2026","location":"end of the act, after Fünfter Titel: Referendum und Inkrafttreten (art. 222)","quote":"Datum des Inkrafttretens: 1. Januar 1995","countries":"","short_title":"Federal Direct Tax Act with lump-sum taxation (art. 14) enters into force","plain_summary":"","year":"1995"},{"event_id":"e-0473e9d6e5","date":"1994-10-01","date_precision":"day","jurisdiction":"GBR","program_id":"gbr-investor-1994","category":"launch","title":"UK opens a migration route for investors (GBP 1 million)","description":"The Migration Advisory Committee says the UK has operated an investor route since 1 October 1994: GBP 1 million held in the UK, GBP 750,000 invested in UK Government bonds, stocks or corporate bonds, and the UK as main home. The 1994 rules text is not stored.","source_id":"gbr-mac-tier1-investor-2014","location":"PDF p. 14 (printed p. 11), para 2.3","quote":"The UK Government has operated a migration route for investors since 1 October 1994.","countries":"","short_title":"UK opens a migration route for investors (GBP 1 million)","plain_summary":"","year":"1994"},{"event_id":"e-e2703b3be6","date":"1994","date_precision":"year","jurisdiction":"GBR","program_id":"gbr-investor-1994","category":"launch","title":"UK investor route established 1994 (TI annex)","description":"Transparency International and Global Witness, 'European Getaway' (Oct 2018). Annex 1 gives 1994 for the UK investor route, amended in 2015 (the 2015 reform is already an event).","source_id":"intl-ti-gw-european-getaway-2018","location":"PDF p. 54 (printed p. 52), Annex 1 'European golden visa programmes', column 'Year established'","quote":"United Kingdom 1994, amended in 2015","countries":"","short_title":"UK investor route established 1994 (TI annex)","plain_summary":"","year":"1994"},{"event_id":"e-7e25271699","date":"1994","date_precision":"year","jurisdiction":"NPL","program_id":"npl-investor-residential-visa","category":"context","title":"Nepal's Immigration Rules 2051 create the residential visa (rule 11)","description":"The Immigration Rules 2051, made under s. 18 of the Immigration Act 2049, were published in the Nepal Gazette on 2051-02-23 BS (1994; the document equates 2051-03-17 BS with 1 July 1994) and, apart from rules 29 and 39, commenced immediately (rule 1(2)). Rule 11 (residential visa) carries no amendment note, so it is in the original text; its clause (घ), now the investor ground, is marked 'amended by the first amendment', so the original wording of (घ) (and whether it already concerned investment) is not known. Recorded as context; launched left for a person.","source_id":"npl-immigration-rules-2051","location":"PDF p. 1, header and rule 1(2)","quote":"नेपाल राजपत्रमा प्रकाशित मिति २०५१।०२।२३","countries":"","short_title":"Nepal's Immigration Rules 2051 create the residential visa (rule 11)","plain_summary":"","year":"1994"},{"event_id":"e-2b70b18d8e","date":"1993-05-30","date_precision":"day","jurisdiction":"NIC","program_id":"nic-investor-residence","category":"launch","title":"Nicaragua's 1993 Migration Law (Ley 153) already has an 'immigrant with capital' residence","description":"Ley 153 (La Gaceta No. 80, 30 Apr 1993; in force thirty days after publication, art. 75) lists 'inmigrantes con capital' as a permanent-resident subcategory: a foreigner bringing own assets for activity in any sector, with an investment plan reviewed by the Ministry of Economy, or investing in public securities (arts. 10, 14, 19-21). No amount is set. Ley 761 (2011) repealed it (art. 222) and continued investor residence. Recorded beside the Ley 761 events; whether the programme's launch is 1993 (or earlier: Ley 153 itself repeals the 1982 Ley de Migración, Decreto 1031, not read) or 2011 is left to a person. Launch per METHODOLOGY decision 14 (first official text with an investor category); date is the Gaceta publication date, no in-force date read; the 1982 law was not read.","source_id":"nic-gaceta-80-1993-ley-153","location":"PDF p. 2, arts. 10 and 14; p. 8, art. 75","quote":"El inmigrante con capital es aquel extranjero que aporta sus propios bienes para realizar actividades en cualquier sector de la economía nacional.","countries":"","short_title":"Nicaragua's 1993 Migration Law (Ley 153) already has an 'immigrant with capital' residence","plain_summary":"","year":"1993"},{"event_id":"e-6ed8e99573","date":"1992-10-06","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"Congress creates the Regional Center (pilot) Program","description":"Sec. 610 of the FY1993 Commerce-Justice-State appropriations act sets aside 300 EB-5 visas a year for five years for investors in regional centres, allowing jobs created indirectly to be counted. Later extended many times by appropriations acts.","source_id":"usa-law-pl102-395-1992","location":"106 Stat. 1874 (PDF p. 47), sec. 610(b)","quote":"shall set aside 300 visas annually for five years","countries":"","short_title":"US Congress creates a regional centre pilot for investor visas","plain_summary":"A 1992 US spending law set aside 300 investor visas a year for five years for people investing through regional centres, letting jobs created indirectly count toward the requirement.","year":"1992"},{"event_id":"e-ff0294cd4e","date":"1992","date_precision":"year","jurisdiction":"AUS","program_id":"aus-business-skills-investor","category":"launch","title":"First version of the Business Skills programme established","description":"The FOI release states the first version of the Business Skills programme (which included the investor visas later replaced by the BIIP) was established in 1992.","source_id":"aus-dha-foi-160600956-2016","location":"p. 1, first bullet","quote":"The first version of the Business Skills programme was established in 1992.","countries":"","short_title":"First version of the Business Skills programme established","plain_summary":"","year":"1992"},{"event_id":"e-cdf2b197a5","date":"1992","date_precision":"year","jurisdiction":"PAN","program_id":"pan-processing-zone-investor","category":"legal_basis","title":"Export processing zones law (Ley 25 of 1992) cited as the basis of the zone investor permit","description":"DE 320 of 2008 refers the export processing zone investor permit to Ley 25 of 1992 (not stored). Whether that law already gave investors residence is not known from stored documents. Year only.","source_id":"pan-go-de320-2008","location":"p. 54, art. 211","quote":"según la Ley 25 de 1992","countries":"","short_title":"Export processing zones law (Ley 25 of 1992) cited as the basis of the zone investor permit","plain_summary":"","year":"1992"},{"event_id":"e-1264d11c7c","date":"1991-12-05","date_precision":"day","jurisdiction":"PER","program_id":"per-investor-residence","category":"legal_basis","title":"Peru's 1991 Aliens Law includes investors in the 'Independiente' migration status","description":"Decreto Legislativo 703 (Ley de Extranjería), given on 5 Nov 1991 and in force on the 30th day after promulgation (art. 2), lists among migration statuses (art. 11(n)) 'Independiente' for those entering to make investments, live off their income or practise a profession independently (rentiers moved to a separate status in 2003). No amount in the law. Recorded as context, not as the launch: it is a general status, not a dedicated investor route, and DL 1350 (2017) replaced rather than built on it. An investor sub-category with a US$30,000 investment reportedly existed under D.S. 003-2012-IN (not read).","source_id":"per-dl-703-1991","location":"art. 11(n); art. 2 of the promulgating decree; signature block","quote":"INDEPENDIENTE. Aquellos que ingresan al país para realizar inversiones, usufructuar de su renta o ejercer su profesión en forma independiente.","countries":"","short_title":"Peru's 1991 Aliens Law includes investors in the 'Independiente' migration status","plain_summary":"","year":"1991"},{"event_id":"e-c4867293f7","date":"1991-10-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"EB-5 investor visa category takes effect (FY1992)","description":"Under sec. 161 of the Immigration Act of 1990, the new preference system, including the employment-creation (EB-5) category created by sec. 121, took effect on 1 October 1991 and applied from fiscal year 1992.","source_id":"usa-law-pl101-649-1990","location":"104 Stat. 5008 (PDF p. 31), sec. 161(a)","quote":"the amendments made by this title shall take effect on October 1, 1991, and apply beginning with fiscal year 1992.","countries":"","short_title":"EB-5 investor visa category takes effect (FY1992)","plain_summary":"","year":"1991"},{"event_id":"e-0620ec9f8f","date":"1991-10-01","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"launch","title":"EB-5 investor visa takes effect (Immigration Act of 1990, title I)","description":"Sec. 161(a) of the Immigration Act of 1990 makes the amendments of title I, including sec. 121 creating INA 203(b)(5) 'Employment creation', take effect on 1 October 1991 and apply from fiscal year 1992. Sec. 121 is not among the sections listed in sec. 161(b) as taking effect on enactment (29 Nov 1990).","source_id":"usa-law-pl101-649-1990","location":"104 Stat. 5008 (PDF p. 31), sec. 161(a)","quote":"amendments made by this title shall take effect on October 1, 1991,\n                     and apply beginning with fiscal year 1992.","countries":"","short_title":"EB-5 investor visa takes effect (Immigration Act of 1990, title I)","plain_summary":"","year":"1991"},{"event_id":"e-9d6504e0c8","date":"1991","date_precision":"year","jurisdiction":"USA","program_id":"usa-eb5","category":"rule_change","title":"INS publishes the first EB-5 regulations","description":"The legacy INS issued the EB-5 regulations (8 CFR 204.6 and 216.6) in 1991, setting the TEA investment at 50 percent of the standard amount and delegating high-unemployment TEA designation to the states.","source_id":"usa-fr-eb5-modernization-2019","location":"PDF p. 24 (84 FR 35773), III.D.2","quote":"These commenters referenced the issuance of the EB–5 regulations in 1991 where legacy INS previously decided to delegate the TEA designation process to the states","countries":"","short_title":"INS publishes the first EB-5 regulations","plain_summary":"","year":"1991"},{"event_id":"e-4208d7f1cd","date":"1990-12-14","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"legal","title":"Lump-sum taxation written into the federal tax acts (DBG and StHG)","description":"On 14 Dec 1990 expenditure-based taxation was anchored in the Federal Act on Direct Federal Tax (art. 14 DBG) and the Tax Harmonisation Act (art. 6 StHG).","source_id":"che-bbl-2011-6021","location":"PDF p. 3 (BBl p. 6023), section 1.1.1","quote":"Am 14. Dezember 1990 wurde schliesslich die Aufwandbesteuerung im Bundesgesetz über die direkte Bundessteuer","countries":"","short_title":"Lump-sum taxation written into the federal tax acts (DBG and StHG)","plain_summary":"","year":"1990"},{"event_id":"e-38035b15e8","date":"1990-11-29","date_precision":"day","jurisdiction":"USA","program_id":"usa-eb5","category":"legal","title":"Immigration Act of 1990 creates the EB-5 investor visa","description":"Sec. 121 adds INA 203(b)(5) 'Employment creation': up to 10,000 visas a year for investors of USD 1,000,000 (as little as half in targeted employment areas) in a new enterprise creating 10 jobs, with 3,000 visas reserved for targeted employment areas, and two-year conditional residence (INA 216A). The new preference system took effect on 1 Oct 1991 (FY1992).","source_id":"usa-law-pl101-649-1990","location":"104 Stat. 4989-4990 (PDF pp. 12-13)","quote":"Visas shall be made available, in a number not to exceed 10,000, to qualified immigrants seek- ing to enter the United States for the purpose of engaging in a new commercial enterprise","countries":"","short_title":"The US creates its investor visa programme in 1990","plain_summary":"A 1990 law created the US investor visa programme, offering up to 10,000 visas a year to people investing US$1,000,000 (or half in targeted areas) in a new business creating 10 jobs.","year":"1990"},{"event_id":"e-5c4ad07ea0","date":"1990-11-29","date_precision":"day","jurisdiction":"USA","program_id":"usa-gold-card","category":"legal_basis","title":"Immigration Act of 1990 creates the EB-1 and EB-2 immigrant classifications the Gold Card relies on","description":"Executive Order 14351 creates no new visa; it directs that the gift be treated as evidence of eligibility under 8 U.S.C. 1153(b)(1)(A) and (b)(2)(A)-(B), the extraordinary-ability and exceptional-ability/national-interest-waiver classifications enacted by sec. 121 of the Immigration Act of 1990.","source_id":"usa-law-pl101-649-1990","location":"104 Stat. 4987 (PDF p. 10), new INA sec. 203(b)(1)(A)","quote":"ALIENS WITH EXTRAORDINARY ABILITY.—-An alien is described in this subparagraph if","countries":"","short_title":"Immigration Act of 1990 creates the EB-1 and EB-2 immigrant classifications the Gold Card relies on","plain_summary":"","year":"1990"},{"event_id":"e-78293da2bc","date":"1987-07-16","date_precision":"day","jurisdiction":"PHL","program_id":"phl-sirv","category":"rule_change","title":"Omnibus Investments Code opens the Special Investors Resident Visa to any investment of US$75,000","description":"EO 226 (Omnibus Investments Code, 16 Jul 1987, in force upon approval), Book V arts. 74-75: a Special Investors Resident Visa for any alien who invests at least US$75,000 in the Philippines (US$50,000 for those under EO 63 and EO 1037), valid while the investment subsists.","source_id":"phl-eo-226-1987","location":"Book V, art. 74(4); art. 86","quote":"He is willing and able to invest the amount of at least US$75,000.00 in the Philippines","countries":"","short_title":"Omnibus Investments Code opens the Special Investors Resident Visa to any investment of US$75,000","plain_summary":"","year":"1987"},{"event_id":"e-89256c124d","date":"1986-11-07","date_precision":"day","jurisdiction":"PHL","program_id":"phl-sirv","category":"launch","title":"Philippines creates the Special Investor Resident Visa (Executive Order 63)","description":"EO 63 of 7 Nov 1986 grants a multiple-entry special investor resident visa to an alien investing at least US$50,000 in a tourist-related project or establishment, with spouse and unmarried minor children, for as long as the investment subsists (visits at least twice a year, 7 days each). It takes effect immediately (no other in-force date stated; the order is dated 7 Nov 1986).","source_id":"phl-eo-63-1986","location":"Secs. 1, 2(a) and 6","quote":"Special Investor Resident Visa. The investor, his wife and unmarried minor children shall be permitted to enter and reside in the Philippines as special investor residents for as long as the investment subsists","countries":"","short_title":"Philippines creates the Special Investor Resident Visa (Executive Order 63)","plain_summary":"","year":"1986"},{"event_id":"e-0f717ee50a","date":"1986-11-01","date_precision":"day","jurisdiction":"CHE","program_id":"che-wealthy-residence-permit","category":"context","title":"BVO 1986: residence for other non-working foreigners only 'when important reasons require'","description":"Before the VZAE, the Ordinance on Limiting the Number of Foreigners (in force 1 November 1986, art. 59) allowed residence permits for non-working foreigners other than pupils, patients, retirees and foster children only 'wenn wichtige Gründe es gebieten' (art. 36), with no explicit fiscal-interest ground; cantons could set stricter conditions (art. 37). Read in the version of 12 December 2006. Whether cantons used art. 36 for wealthy foreigners is not stated in the text.","source_id":"che-fedlex-bvo-2007","location":"art. 36 (3. Kapitel: Nichterwerbstätige Ausländer); art. 59","quote":"werden, wenn wichtige Gründe es gebieten.","countries":"","short_title":"BVO 1986: residence for other non-working foreigners only 'when important reasons require'","plain_summary":"","year":"1986"},{"event_id":"e-81e2bb936f","date":"1986","date_precision":"year","jurisdiction":"CAN","program_id":"can-iip","category":"launch","title":"Canada creates the federal Investor class","description":"The Investor class of the federal Business Immigration Program was introduced in 1986 and redesigned on 1 April 1999 into the loan model (one-time interest-free 5-year loan to the government, passed to provinces).","source_id":"can-cic-eval-bip-2014","location":"Section 1.2.1","quote":"The IN class was introduced in 1986 and redesigned through regulatory changes on April 1, 1999 into the current program model.","countries":"","short_title":"Canada creates a federal investor immigration category","plain_summary":"Canada introduced its federal investor category in 1986. On 1 April 1999 it was redesigned as a loan model: a one-time, interest-free five-year loan to the government, with the money passed on to the provinces.","year":"1986"},{"event_id":"e-622d0681a1","date":"1985-07-04","date_precision":"day","jurisdiction":"PHL","program_id":"phl-srrv","category":"launch","title":"Philippine Retirement Authority created","description":"Executive Order 1037 signed by President Ferdinand E. Marcos created the PRA to promote the Philippines as a retirement haven and run the retiree visa programme.","source_id":"phl-pra-ar-2019","location":"PDF p. 9","quote":"created by virtue of Executive Order No. 1037 (E.O. 1037), signed by former President Ferdinand E. Marcos on 04 July 1985","countries":"","short_title":"Philippines creates an agency to run its retiree visa","plain_summary":"On 4 July 1985 a presidential order created the Philippine Retirement Authority. It was set up to promote the Philippines as a place to retire and to run the retiree visa programme.","year":"1985"},{"event_id":"e-80990dc8fa","date":"1984-01-28","date_precision":"day","jurisdiction":"MAC","program_id":"mac-investor-residence","category":"rule_change","title":"Macau replaces DL 50/83/M with DL 3/84/M, effective from 1 January 1984","description":"DL 3/84/M (BO n.º 5, 28 Jan 1984) revokes DL 50/83/M, whose wording did not match the legislative intent, and re-enacts the investor-residence regime: residence for non-Portuguese holders of capital applied in undertakings recognised by the Governor as of particular interest. Art. 16 gives it effect from 1 Jan 1984. Revoked by DL 14/95/M from 1 Apr 1995.","source_id":"mac-bo-dl-3-84-m","location":"Art. 1(1) and art. 16","quote":"O presente diploma produz efeitos desde 1 de Janeiro de 1984","countries":"","short_title":"Macau replaces DL 50/83/M with DL 3/84/M, effective from 1 January 1984","plain_summary":"","year":"1984"},{"event_id":"e-7d01f49da3","date":"1984-01-01","date_precision":"day","jurisdiction":"MAC","program_id":"mac-investor-residence","category":"launch","title":"Macau decree on residence for holders of capital investments (DL 50/83/M) comes into force","description":"DL 50/83/M of 17 Dec 1983 lets non-Portuguese holders of capital investments recognised by the Governor as of particular interest (property in Macau, a commercial or industrial establishment, a shareholding in a Macau company) obtain authorisation to reside in Macau, with spouse and up to six family members; amounts set by the Governor's despacho; permits one year, renewable. Art. 16 puts it in force on 1 Jan 1984.","source_id":"mac-bo-dl-50-83-m","location":"Art. 1(1) and art. 16","quote":"O presente diploma entra em vigor em 1 de Janeiro de 1984.","countries":"","short_title":"Macau decree on residence for holders of capital investments (DL 50/83/M) comes into force","plain_summary":"","year":"1984"},{"event_id":"e-b0234a4447","date":"1982-05-07","date_precision":"day","jurisdiction":"FJI","program_id":"fji-investor-permit","category":"launch","title":"Fiji adds a 7-year residence permit for investors of capital (Immigration Directions 1971, para 4(2))","description":"Para 4(2) of the Immigration Directions 1971, inserted by LN 40 of 1982 with effect from 7 May 1982, allows 7-year permits to enter and reside for persons who undertake to introduce and maintain capital or assets in a business approved by the Minister; as amended by LN 9 of 1996 (effective 17 Jan 1997) the amount is at least $250,000 (the 1982 amount is not shown). Para 4(1)(f) of the same Directions already allowed 3-year permits for people establishing a business or introducing adequate capital, but that subparagraph was amended in 1982 and 1984, so its 1971 wording is not known. Whether this is the start of the investor permit or a predecessor scheme is left for a person (see gaps). Launch per METHODOLOGY decision 14: effective date of LN 40 of 1982 as given in the amendment history of an unofficial consolidated copy; an earlier 1971 provision is possible but not read.","source_id":"fji-immig-regs-2007-consol","location":"PDF p. 25, Immigration Directions 1971, para 4(2) and amendment note","quote":"[subpara (2) insrt LN 40 of 1982 para 2, effective 7 May 1982; am LN 9 of 1996 para 2, effective 17 January 1997]","countries":"","short_title":"Fiji adds a 7-year residence permit for investors of capital (Immigration Directions 1971, para 4(2))","plain_summary":"","year":"1982"},{"event_id":"e-758b35afd8","date":"1972-12-22","date_precision":"day","jurisdiction":"CYP","program_id":"cyp-golden-visa","category":"legal_basis","title":"Cyprus Aliens and Immigration Regulations: Regulation 6(2) discretion to grant an immigration permit","description":"Regulation 6(2) of the Aliens and Immigration Regulations 1972 (K.D.P. 242/72) lets the Minister grant an immigration permit to a migrant who does not belong to any Regulation 5 category, if he sees fit and the migration does not harm the inhabitants. The fast-track investor permanent residence is issued under this regulation (2023 criteria, para 1.1). Date is the gazette publication date; no in-force date is stated.","source_id":"cyp-kdp-242-1972","location":"PDF p. 4-5 (gazette pp. 742-743), reg 6(2)","quote":"δέν ανήκει εις μίαν τών έν τω κανονισμώ 5 εκτιθεμένων κατηγοριών,","countries":"","short_title":"Cyprus Aliens and Immigration Regulations: Regulation 6(2) discretion to grant an immigration permit","plain_summary":"","year":"1972"},{"event_id":"e-03d97496de","date":"1964-03-20","date_precision":"day","jurisdiction":"MCO","program_id":"mco-residence","category":"launch","title":"Ordonnance 3.153 sets Monaco residence cards","description":"Sovereign Ordinance 3.153 of 19 March 1964 (Journal de Monaco 20 March 1964) on entry and stay of foreigners: residence cards for over-16s, first card on a work permit or proof of sufficient means of existence plus housing; temporary, ordinary and privileged cards (validities as later amended in 1996).","source_id":"mco-legimonaco-os-3153","location":"heading and art. 6","quote":"soit les pièces justificatives de moyens suffisants d'existence, s'il n'entend exercer aucune profession.","countries":"","short_title":"Ordonnance 3.153 sets Monaco residence cards","plain_summary":"","year":"1964"},{"event_id":"e-1750f475ac","date":"1948-12-10","date_precision":"day","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"rule_change","title":"Intercantonal concordat sets common rules for lump-sum taxation","description":"On 10 Dec 1948 the cantons concluded the intercantonal concordat on the exclusion of tax agreements, agreeing uniform rules for lump-sum taxation; the federation followed almost a year later and most cantons then introduced provisions. The message calls it the \"birth\" of lump-sum taxation.","source_id":"che-bbl-2011-6021","location":"PDF p. 3 (BBl p. 6023), section 1.1.1","quote":"Die «Geburtsstunde» der Aufwandbesteuerung war jedoch der 10. Dezember 1948","countries":"","short_title":"Intercantonal concordat sets common rules for lump-sum taxation","plain_summary":"","year":"1948"},{"event_id":"e-91218a64cf","date":"1934","date_precision":"year","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"rule_change","title":"Federal level introduces lump-sum taxation","description":"The federation has applied expenditure-based taxation since 1934 (Federal Council message).","source_id":"che-bbl-2011-6021","location":"PDF p. 3 (BBl p. 6023), section 1.1.1","quote":"der Bund seit 1934","countries":"","short_title":"Federal level introduces lump-sum taxation","plain_summary":"","year":"1934"},{"event_id":"e-8706894128","date":"1928","date_precision":"year","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"context","title":"Geneva introduces lump-sum taxation","description":"Geneva has had expenditure-based taxation since 1928 (Federal Council message, citing Bernasconi 1983).","source_id":"che-bbl-2011-6021","location":"PDF p. 3 (BBl p. 6023), section 1.1.1","quote":"Genf kennt seit 1928 eine Aufwandbesteuerung","countries":"","short_title":"Geneva introduces lump-sum taxation","plain_summary":"","year":"1928"},{"event_id":"e-40b0dda1ce","date":"1862","date_precision":"year","jurisdiction":"CHE","program_id":"che-lump-sum-taxation","category":"launch","title":"Vaud is the first canton to offer expenditure-based taxation to non-working foreigners","description":"The Federal Council message says the canton of Vaud was in 1862 the first canton to offer non-working foreign nationals a special form of taxation, for tourism and economic reasons. Cantonal origin of the regime; other cantons and the federation followed later.","source_id":"che-bbl-2011-6021","location":"PDF p. 3 (BBl p. 6023), section 1.1.1","quote":"1862 hat der Kanton Waadt als erster Kanton aufgrund von touristischen und wirtschaftlichen Interessen nichterwerbstätigen Ausländerinnen und Ausländern eine besondere Besteuerungsart angeboten.","countries":"","short_title":"Vaud is the first canton to offer expenditure-based taxation to non-working foreigners","plain_summary":"","year":""}]}