Latest / IMI Podcasts / This Week in IM - Mar 13: 🇵🇹 Cultural GV Surges, 🇰🇬 Cancels Russian Citizenship Path, 🌐 A History of Denaturalization, ++

Transcript

This Week in IM - Mar 13: 🇵🇹 Cultural GV Surges, 🇰🇬 Cancels Russian Citizenship Path, 🌐 A History of Denaturalization, ++ · IMI Podcasts

• 0:00
  SPEAKER_00: You're listening to IMI This Week.
• 0:03
  SPEAKER_00: Portugal's Cultural Heritage Golden Visa has attracted 22.15 million euros in investment since 2020.
• 0:11
  SPEAKER_00: With strong growth, particularly after Portugal eliminated the real estate option, notes Madalena Monteiro.
• 0:17
  SPEAKER_00: Investors from America, India, and Canada have funded 38 cultural projects across Portugal.
• 0:24
  SPEAKER_00: Kyrgyzstan suspended Russian citizenship applications after a 1,650% increase created concerns about potential corruption.
• 0:33
  SPEAKER_00: Russians primarily used the Soviet-era quadrilateral agreement to obtain Kyrgyz passports without living in the country.
• 0:39
  SPEAKER_00: Natalie Freydlander suggests a formal CBI program would bring more transparency.
• 0:46
  SPEAKER_00: Investment migration people in the news this week included Rohit Kapuria of Saul Ewing, LLP Laura Foot, Reif of Greenberg, Traurig LLP, Matthew Galati of the Galati Law Firm, Nuri Katz of Apex Capital Partners, Kristen Sirak, Dimitri Kochinov, Michael Wildes of Wilds and Weinberg, Nunokuna Barnabay, Dominic Volek, Basil Moore Elzeki, Dr.
• 1:12
  SPEAKER_00: Christian Kalen, Dr.
• 1:13
  SPEAKER_00: Georg Stefan, and Marius Raphael of Henley and Partners, Dominic Jones of Greener Pastures, New Zealand, Varun Singh of Ixafius Immigration, Russell Estamets of Circle of Councils, Armand Arton of Art and Capital, John Hugh of John Who, Migration Consulting, Kim Ji Sun of Day Yang, Immigration Law Group, Grace Tang of Philip Private Equity, Sandeep Jain of Multipolitan Nicholas, A.
• 1:41
  SPEAKER_00: Mastroyani III, and Akshat Gupta of U.S.
• 1:44
  SPEAKER_00: Immigration Fund, USIF, Paul Williams of La Vita, Golden Visas, Jessica M.
• 1:49
  SPEAKER_00: Von Piush, Gupta of Kanem Enterprises, Kripa Upadhyay, Ishan Khanna of the American Immigrant Investor Alliance, AIIA, Prashant Ajmera of Ajmira Law Group, Simon Gordon of Sovereign Corporate Services Dubai, Porvi Chothani of LawQuest Arushi Gupta of Donoso and Partners.
• 2:11
  SPEAKER_00: Vanuatu's Prime Minister ordered the cancellation of Indian cricket executive Lalit Modi's citizenship after learning he sought to avoid extradition.
• 2:20
  SPEAKER_00: Modi, who fled India in 2010 while under investigation for financial irregularities, recently attempted to surrender his Indian passport after obtaining Vanuatu citizenship.
• 2:32
  SPEAKER_00: Russian investments in Portugal increased 49% to€450.6 million since 2022, despite a suspension following the Ukraine war.
• 2:43
  SPEAKER_00: Portugal resumed processing Russian golden visa applications in 2024 after courts ruled a suspension violated constitutional rights.
• 2:52
  SPEAKER_00: Sara Sousa Rabolo clarifies that practical obstacles remain, including banking restrictions and scrutiny from the EU.
• 3:00
  SPEAKER_00: Governments throughout history have used citizenship revocation as a tool for reshaping populations, punishing dissent, and seizing wealth, over$350 billion since 1900.
• 3:12
  SPEAKER_00: Denaturalization has targeted vulnerable groups through legal mechanisms that often precede broader human rights abuses.
• 3:19
  SPEAKER_00: The tech-enabled modern era presents new risks to citizenship rights.
• 3:25
  SPEAKER_00: Thanks for joining us today on IMI Podcasts.
• 3:29
  SPEAKER_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.