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The country of Vanuatu first started their citizenship by investment program in 2021, ... Malta. This small European island is known for its mesmerizing beaches, quaint villages, and seemingly ...
The distinction between the meaning of the terms citizenship and nationality is not always clear in the English language and differs by country. Generally, nationality refers to a person's legal belonging to a sovereign state and is the common term used in international treaties when addressing members of a country, while citizenship usually means the set of rights and duties a person has in ...
This multi island nation offers a Citizenship by Investment program that includes a real estate option. With a minimum investment of $400,000 in property, investors can eventually earn their ...
The citizenship-by-investment program and the relationship between Henley and the Malta government was criticized at the time. [34] Critics in Malta argued that the concessions to Henley were overly lucrative and may have entailed conflicts of interest. [34] Henley received 4% of each donation, which meant €26,000 per application for ...
Turkey offers Turkish Citizenship by Investment (TCBI). Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years. Upon investing as above and submitting citizenship application duly, a Turkish passport is granted typically within 6 months.
In 2013, Henley & Partners participated in a public tender and won the right to design and globally promote Malta's citizenship-by-investment program, the Malta Individual Investor Programme (IIP), which raised over $1 billion within 18 months of its launch. [37] However, the public tender was not competitive. [38]
In 2011, immigration contributed to 4.9% of the total population of the Maltese islands in 2011, i.e. 20,289 persons of non-Maltese citizenship, of whom 643 were born in Malta. In 2011, most of migrants in Malta were EU citizens (12,215 or 60.2 per cent), predominantly from the United Kingdom (6,652 persons).
In 2014, Muscat's government introduced the Malta Individual Investor Programme, [78] for which it contracted Henley & Partners. Through such programmes, applicants acquire Maltese citizenship against investing a minimum of 1 million EUR in the country. The citizenship-by-investment programme generated around €600 million in revenues. [79]
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