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The EB-5 visa program, which is also called as the Golden Visa program, requires applicants to invest between US$900,000 and US$1.8 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved. [41] [42] There is an annual cap of 10,000 applications under the EB-5 program. [43]
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. [34] However, the public tender was not competitive. [35]
Golden visas require investments of anywhere from $100,000 in Dominica up to £2,000,000 in the UK. The most common method for obtaining a golden visa is through the purchase of real estate with a minimum value. [42] Some countries such as Cyprus and Malta also offer golden passports to individuals if they invest a certain sum. [43]
Though only around 50,000 people are naturalized through these programs each year, according to Surak's research, they have changed the economies of countries, shaking up housing markets and ...
The current Maltese people, characterised by the use of the Maltese language and by Roman Catholicism, is the descendant - through much mixing and hybridation via different waves of immigration - of the Siculo-Arabic colonists who repopulated the Maltese islands in the beginning of the second millennium after a two-century lapse of depopulation that followed the Arab conquest by the Aghlabids ...
The citizenship-by-investment program and the relationship between Henley and the Malta government was criticized at the time. [38] Critics in Malta argued that the concessions to Henley were overly lucrative and may have entailed conflicts of interest. [38] Henley received 4% of each donation, which meant €26,000 per application for ...
Founded in 2006 by Armand Arton, the firm provides services for global citizenship, with a particular focus on investor programs. [1] The firm facilitates residence and citizenship programs. Arton Capital brokers investment agreements, and runs several assessment tools, including The Passport Index, a real-time ranking of the world’s ...
Following a 2019 investigation [13] by Dutch news program Nieuwsuur into passport trade, University of Groningen conducted an investigation into Kochenov's paid consulting activities related to citizenship by investment or investment naturalisation (so-called "passport trade"), including his role with Henley & Partners and advising Malta on a law change to allow citizenship by investment.
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