Antigua CIU Engaging EU to “Avert Overall Shutdown of the Sector”, Laments Lack of Regional Cooperation
Antigua & Barbuda’s information minister says his government has offered to let the EU audit the citizenship by investment program.
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european parliament
Are We Witnessing the Extinction of Citizenship by Investment?
Stephane Tajick believes it’s time we start thinking about how to adapt to a world without citizenship by investment.
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Kochenov: “Zero Chance” Commission Will Propose Legislation Against CBI Based on Parliament Vote
As Parliament votes overwhelmingly in support of ending CBI and regulating RBI in Europe, Kochenov expects the Commission not to legislate.
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Parliament, Commission Disagree on Legislation or Infringement as Best Way to End CBI in Europe
The Commission agrees with the Parliament that citizenship by investment in the EU should end. What they don’t agree in is how to end it.
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LIBE Committee Adopts RCBI-Ban Proposals; Eur. Parliament Will Vote on Matter Next Month
The LIBE Committee today approved MEP Sophie in ‘t Veld’s radical anti-RCBI report. The European Parliament will vote on the bans next month.
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EP Report Proposes Radical New RCBI Rules: EU to Take 50% of Program Proceeds, Ban Lobbying, Marketing
MEPs also propose licenses for IM practitioners, undercover sting operations, and that 75% of investment must be “green and digital”.
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EU Campaign Against CBI “Driven by Ideology”: Philippe May on the Mobility Standard Podcast
If appeasing the EU was Malta’s goal, says Philippe May, it was unsuccessful. “These people are driven by ideology. They will never give up.”
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Eur. Parliament Report Proposes Limiting Access to EU for CBI Investors in Third-Countries
The Eur. Parliament research report proposed taxing, regulating, and phasing out IM programs, imposing physical presence requirements, and limiting access to the EU for participants in third-country CBI programs.
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EESC Echoes Eur. Parliament’s “Phase-Out” Call – “Intellectually Disingenuous,” Says IMC
The IMC expresses chagrin at being excluded from consultations on a report it says was “hijacked by ill-informed, unaccountable third party organizations.”
Read MoreL’ecuyer: “Shocked and Alarmed” at MEPs’ Misconceptions of IM Industry
The IMC’s chief executive says “there is a very big misunderstanding of what this industry is all about” but thinks the reshuffling of the European Parliament is a unique chance to set the record straight.
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L’ecuyer: The Industry Is at an Inflexion Point and Inaction Will Cost Us
Addressing industry stakeholders yesterday, Bruno L’ecuyer stressed the need for coordinated action vis-a-vis European institutions, highlighted the IMC’s new education program, and urged politicians to avoid uninformed decision-making.
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Keep Your Friends Close and Your MEPs Closer
Opinion of the editor: “We, Members of the European Parliament, are writing to express our concern about the visa waiver
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Adapt or Perish: How Investment Migration Can Survive the European Parliament’s Antagonism
The European Parliament has made its opposition to investment migration clear. This leaves the industry facing some stark choices, writes Dr. Hussain Farooq.
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Euro-Parliament Votes to Endorse “Phasing Out” of RCBI in Europe: “Not the Right Answer,” Says IMC
The European Parliament today voted to adopt the TAX3 Committee’s February report calling for a “phasing out” of RCBI in Europe. The IMC has reacted with disappointment, calling instead on MEPs to support its work in raising industry standards.
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IMC Cautions MEPs Ahead of Vote: Phasing Out IM Programs Detrimental for Member State Economies
The European Parliament is about to vote on a report that urges the “phasing out” of investment migration programs. Such a decision would have severe adverse effects on Europe’s peripheral economies, says the IMC, which urges MEPs not to support the calls for the industry’s discontinuation.
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Engaging Brussels: IMC Partakes in Euro-Parliament Debate, Meets With MEPs and Eur. Commission
Brussels is answering the IMC’s calls. The association says it has held a series of meetings with European officials, and taken part in a European Parliament debate.
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CIP Critics in European Commission “Didn’t Even Bother” to Consult Malta IIP Regulator
Earlier this week, the Malta Individual Investor Programme’s regulator – ORiip – published its annual report on the MIIP which
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Cypriot President Responds to “Targeting” of Citizenship Program in European Parliament
During a debate among members of the European Parliament in Strasbourg, earlier this week, President Nicos Anastasiades of Cyprus came
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Tajick: 50+ Misleading, False and Biased Statements Found in EU Report on RCBI
Recently, the EU Parliament published a draft report on financial crimes, tax evasion, and tax avoidance. This draft report “Concludes that
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“Need to Deal in Facts, Not Fear” Says IMC-Chief About MEPs’ Calls to “Phase Out” RCBI-Programs
In a draft report published last week, the European Parliament’s Financial Crimes, Tax Evasion, and Tax Avoidance Committee called for the
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