Latest / IMI Podcasts / This Week in IM - Feb 27: 🇺🇸 “Gold Card” Announced, 🇷🇺 GV Attracting Few Applicants, 🇱🇨 Galaxy CIP Applicants Challenged in Court, ++
Transcript
- 0:00SPEAKER_00: You're listening to IMI This Week.
- 0:03SPEAKER_00: Investment migration people in the news this week included Jurg Stefan, Christian H.
- 0:09SPEAKER_00: Kalen, Dominic Volek, and Rohe, Bardawaj of Henley and Partners, Vishal Dawan of Plan Ahead, Wealth Advisors Dominic Jones of Greener Pastures New Zealand, Marcus Beverid of Queen City Law, Mark Williams of Lane Neve, Armand Arton of Art and Capital, Dennis Krevchenko of Aston's.
- 0:31SPEAKER_00: Former St.
- 0:32SPEAKER_00: Lucia Prime Minister Alan Shastenay has filed an injunction to halt parts of the country's citizenship by investment program.
- 0:40SPEAKER_00: The legal challenge targets real estate projects, a new infrastructure option, and enterprise projects allegedly approved without proper regulatory frameworks.
- 0:50SPEAKER_00: If successful, the injunction could affect approximately 5,000 citizenship applications.
- 0:57SPEAKER_00: Russia's Golden Visa program has attracted only 40 investors since January 2023, generating$30 million but reaching just 5% of its target.
- 1:08SPEAKER_00: Applications declined from 24 in 2023 to 14 in 2024, and just two applications in early 2025.
- 1:17SPEAKER_00: Nevertheless, average investments of$1.2 million exceed the minimum$160,000 threshold.
- 1:26SPEAKER_00: Nauru's new citizenship by investment program has received initial applications and targets$60 million Australian dollars from 500 successful applicants in its first year.
- 1:37SPEAKER_00: Representing 20% of government revenue, the program aims to attract impact investors.
- 1:43SPEAKER_00: With 13 licensed agents already approved, Hartners reports the program ranks as their most visited citizenship option online.
- 1:53SPEAKER_00: President Trump announced a gold card program requiring a$5 million fee to the U.S.
- 1:58SPEAKER_00: government and replacing the four-decade-old EB5 visa program.
- 2:03SPEAKER_00: Targeting$5 trillion, the initiative aims to attract wealthy immigrants who would receive green card privileges and a pathway to citizenship.
- 2:12SPEAKER_00: However, critics like Ishan Kana defend the existing EB5 program's job creation record.
- 2:20SPEAKER_00: Thanks for joining us today on IMI Podcasts.
- 2:23SPEAKER_00: Subscribe for free to the IMI daily newsletter for breaking news and updates from the investment migration industry.
- 2:30SPEAKER_00: And consider upgrading your membership to IMI Pro to get access to our exclusive professional community, industry events, data, and members only content.