Stay Ahead of 2019 Programme Amendments

Following the recent concerns voiced by the European Commissioner of Justice, Vera Jourova, the question of whether or not the EU will start to legislate against it’s citizenship by investment programmes looms. Industry experts are speculating that changes to these programmes in 2019 are highly probable.

Historically, we know that programmes can be amended or scrapped at any time. In 2017, we saw a number of changes throughout the programmes. Hungary ended their popular Residency Bond programme and Cyprus introduced a cap on the amount of citizenship applications they will accept each year. On a more positive note, there were some major price reductions in the Caribbean, including St Kitts and Dominica. Antigua is currently offering a temporary 50% price reduction, but this offer is set to expire on October 31^st 2018.

It’s important to note that this is a dynamic industry which is ever evolving alongside geopolitical affairs and various global factors. As we approach the final quarter of 2018, we urge investors to take advantage of the current programmes before any potential amendments are put into action next year. Contact our experts today for a free consultation to find the most suitable programme for you.