Prabhu Balakrishnan

Author: Prabhu Balakrishnan

  • Maltese passport ranks first among Citizenship by Investment Passports

    ·

    Maltese passport ranks first among Citizenship by Investment Passports

    Malta and Cyprus are the only two countries in Europe running official citizenship by investment programs. According to the new 2018 Henley passport index, Malta ranks first and Cyprus ranks second, followed by Caribbean countries. Currently only about 8 countries in the world run official CBI programs. CBI Passport Visa free countries  Rank Malta 169…

  • London house prices remain low below UK average

    ·

    London house prices remain low below UK average

    UK house prices grew by 4.5% in the year to October 2017, experiencing a 0.3 percentage point decrease from the previous month, according to HM Land Registry Data The average price of a property in the UK was £223,807, The slowest annual growth was in London at 2.1%, down from 2.9% in September 2017. This is the 11th…

  • Germany Passport ranked No.1 in 2018 Henley Passport Index

    ·

    Germany Passport ranked No.1 in 2018 Henley Passport Index

    Germany secures the top spot in the 2018 Henley Passport Index, while the UK, China, Russia, and the UAE all improve their ranking year-on-year Germany holds on to 1st place on the Henley Passport Index (henleypassportindex.com) for the fifth year running, with its citizens enjoying visa-free access to 177 countries in total, up from 176 countries in 2017.  …

  • 41,587 Foreigners Naturalised for Swiss citizenship in 2016

    ·

    41,587 Foreigners Naturalised for Swiss citizenship in 2016

    The State Secretariat for Migration has published new migration statistics of foreigner population in Switzerland. Here are some interesting statistics. As of 2016, there are  2,029,527 legally resident foreigners in Switzerland, 69% were EU/EFTA nationals.  Italians are Switzerland’s largest foreign community, followed by Germans and Portuguese. In 2015, 41,587 persons were granted Swiss citizenship either through the Standard Naturalisation (32 155) Facilitated…

  • Only 149 Indians applied for EB-5 in 2016

    ·

    Only 149 Indians applied for EB-5 in 2016

    The US State Department Report of the Visa Office 2016 has been updated with Table V (Part 3), which gives a breakdown of all EB visas issued by country in fiscal year 2016. A total of 159 Indians applied for the popular EB-5 program to obtain US green cards in 2016, compared over 7000 investors from China. 32…

  • St Kitts Hurricane Relief Fund Scheme will Close on March 30, 2018

    ·

    St Kitts Hurricane Relief Fund Scheme will Close on March 30, 2018

    The Government of St Kitts and Nevis, announced the Hurricane Relief Fund in Sep 2017, as a new contribution option to obtain St Kitts and Nevis Citizenship under the citizenship by investment scheme. The Citizenship by Investment Unit has launched the Hurricane Relief Fund (HRF) Investment Contribution to assist the Government with repairsto publicinfrastruc- tureand private property…

  • 2017 Key Changes to Caribbean Citizenship Programs

    ·

    2017 Key Changes to Caribbean Citizenship Programs

    2017 is the year that significant changes happened to the Caribbean citizenship by investment programs (CBI) making it more cheaper to buy a citizenship. Commonwealth of Dominica USD 100,000 EDF investment and USD 200,000 real estate investment remains the same. Processing fees were reduced by 50% for the those opting for the Real Estate option…

  • Real Estate Investment in Portugal Golden Visa reaches €3 billion

    ·

    Real Estate Investment in Portugal Golden Visa reaches €3 billion

    According to the latest statistics released by SEF Portugal, the total Golden visa investment has reached €3.32 billion and out of that real estate investment alone is €3 billion euros by purchasing a property in Portugal. Chinese and Brazilian investors are the leading investors, followed by South Africans in the Portugese Golden visas, according to the data as of…

  • Germany offers Investor Visas to Entrepreneurs

    ·

    Germany offers Investor Visas to Entrepreneurs

    Germany is one of the biggest economies in Europe with highly skilled workforce. Germany Germany is part of the European single market which represents more than 508 million consumers and largest contributor of European Union budget. Germany lately emerged as one of the best investment destinations in Europe opening doors to large businesses, entrepreneurs. § 21 AufenthG (German…

  • Malta Ranked First among Citizenship programs

    ·

    Malta Ranked First among Citizenship programs

    For the third consecutive year, Malta’s IIP ranked top citizenship  in the world in  a latest report on citizenship programs. Portugal rated as most popular residency program. Malta – 81 points Cyprus – 72 points Austria – 63 points Antigua and Barbuda –  61 points Grenada – 60 St Kitts and Nevis – 59 points Dominica…