Latest / IMI Podcasts / This Week in IM - Jun 12: 🇺🇸 Launches Gold Card Site, 🇬🇷 Slims Backlog, 🇵🇹 GV Surges, ++
Transcript
- 0:00SPEAKER_00: You're listening to IMI this week.
- 0:04SPEAKER_00: The first half of 2025 has witnessed a whirlwind of policy shifts and investment migration.
- 0:10SPEAKER_00: Here are all the top reforms ranging from crypto acceptance to visa overhauls, fast-track citizenship programs, and the proposed$5 million gold card, reflecting a sector in rapid flux.
- 0:24SPEAKER_00: Portugal issued a record-breaking 4,987 golden visas in 2024.
- 0:30SPEAKER_00: Minister of the Presidency, Antonio Leitau Amaro, affirmed the government has no plans to end the program and confirmed efforts to improve both the golden visa and expatriate tax offerings.
- 0:42SPEAKER_00: AIMA faces a 45,000 case backlog, which Amaro expects to reduce significantly by year end.
- 0:51SPEAKER_00: Grenada's Investment Migration Agency, also known as IMA, has resumed processing CBI applications linked to Hung Sheng Development's Grenada National Resort after an investigation found no systemic overfinancing, but identified financing issues and irregularities.
- 1:09SPEAKER_00: IMA will only process applications submitted directly through its staff, keeping restrictions on its subagents.
- 1:16SPEAKER_00: The agency introduced new documentation standards, which will soon apply to all applicants.
- 1:22SPEAKER_00: The Greek government has reduced the golden visa backlog to 52,399, marking the first reduction in over a year after implementation of regional processing reforms.
- 1:33SPEAKER_00: According to Katerina Saranti of MEBS group, some cases are now approved in under 90 days.
- 1:40SPEAKER_00: While April saw a dip in new applications, quarter one to quarter two totals indicate momentum, with projections exceeding 10,000 by year's end.
- 1:50SPEAKER_00: San Marino has introduced more financial requirements for its pensioners' residency program, effective April 28th.
- 1:58SPEAKER_00: Applicants must now demonstrate a gross annual income of€120,000 and hold€300,000 in assets or securities in a San Marino bank for the duration of residency.
- 2:10SPEAKER_00: The government clearly aims to ensure stronger economic ties between residents and the republic.
- 2:17SPEAKER_00: President Donald Trump has unveiled the Trump Gold Card, a$5 million donation-based U.S.
- 2:23SPEAKER_00: residency program.
- 2:24SPEAKER_00: Applicants can now register interest on the official website, selecting their region and specifying whether the application is individual or business related.
- 2:33SPEAKER_00: The scheme's vetting protocols, path to citizenship, and other details remain unclear.
- 2:39SPEAKER_00: Thanks for joining us today on IMI Podcasts.
- 2:43SPEAKER_00: Subscribe for free to the IMI daily newsletter for breaking news and updates from the investment migration industry, and consider upgrading your membership to IMI Pro to get access to our exclusive professional community, industry events, data, and members only content.