New minimum investment threshold

Get the latest news on citizenship, residence, taxes, investment and much more... March 28, 2024 [image] [Event]() | [Citizenship]( Welcome to the Weekly Rundown. In a significant stride towards enhancing the integrity of Citizenship by Investment Programs (CBIPs), Dominica and fellow Caribbean nations have united to set a new standard. Under the leadership of Prime Minister Dr. Roosevelt Skerrit, they've agreed on a minimum investment threshold of US$200,000. This landmark pact aims to address global scrutiny while ensuring the programs' credibility and transparency. Greece's Golden Visa Price Hike: What You Need to Know [image]( Greece has announced significant changes to its Golden Visa program, raising investment thresholds to a range from €250,000 to €800,000. The program now introduces four investment tiers, with the highest investments required in sought-after areas like Athens and popular islands. However, it retains a €250,000 entry point for those willing to invest in converting commercial properties to residential or restoring historical buildings. Restrictions on short-term rentals and the use of properties have also been tightened. Read the full story [here](. [image] Caribbean Citizenship Now Starts at $200,000 [image]() In an unprecedented move, Dominica and three other Caribbean nations have unified to set a minimum investment bar of $200,000 for their Citizenship by Investment Programs (CBIPs). This initiative, championed by Prime Minister Dr. Roosevelt Skerrit, is aimed at bolstering the credibility and transparency of these programs. It signifies a collective step forward in addressing international standards and maintaining the allure of Caribbean citizenship. Read the full story [here](). [image] Qatar's New 5-Year Residency for Innovators [image](=) Qatar is rolling out a 5-year residency program for skilled professionals and entrepreneurs, marking a significant step in its quest to become a hub for global talent. Targeting experts in arts, sports, education, and research, this initiative offers stability and growth opportunities in a dynamic economic environment. Entrepreneurs need a robust business plan and a minimum investment to qualify, aligning with Qatar's vision for innovation and economic diversity. Read the full story [here](=). [image] [image]() GUESS WHO'S COMING TO NOMAD CAPITALIST LIVE 2024? This is where legends like Tony Fernandes, Nigel Farage, Toomas Ilves, Cristina Cataman, Danielle DiMartino Booth and more converge. This September, Kuala Lumpur becomes the epicenter of global citizenship and innovation. Want in? [JOIN THE WAITLIST]() Japan's New Residency for Angel Investors [image]() Japan is set to unveil a residency scheme in 2024 aimed at foreign angel investors, enticing them with up to five years of residence for investing in startups within designated National Strategic Special Zones. This initiative, part of Japan's strategy to become a leading financial hub, focuses on attracting investment to boost local startups and innovation. Read the full story [here](. [image] Countdown to 2025: Tax Breaks Wealthy Investors Need to Act on Now [image](=) Starting in 2025, the Tax Cuts and Jobs Act's expiration will close the door on several tax breaks for high-net-worth individuals, heralding significant changes in income and estate taxation. With income tax rates set to rise to 39.6% and the standard deduction reduced, the affluent are facing a steeper tax landscape. Key provisions like the Qualified Business Income deduction and benefits from Qualified Opportunity Fund investments are also on the chopping block. Perhaps most impactful is the slashing of the estate tax exemption from $13.61 million to about $7 million, challenging the ultra-rich to rethink wealth transfer strategies. Read the full story [here](=). [image] Kiyosaki's Big Bet: 10 Bitcoins Before the Halving, Eyeing $100K [image](=) "Rich Dad Poor Dad" author and financial guru Robert Kiyosaki is doubling down on Bitcoin, planning to purchase 10 more BTC in anticipation of the cryptocurrency's next halving event. Kiyosaki projects a bold price target of $100,000 for Bitcoin by September 2024, a nearly 50% increase in just a few months. Read the full story [here](=). [image] [image]() THE SECRETS TO KEEPING MORE OF YOUR MONEY New to the global lifestyle and want a comprehensive guide to the offshore world? Our fast-paced, action-packed book offers a fun and detailed overview of all possibilities awaiting you. [GRAB YOUR COPY]() Top 5 Havens for Work-Life Balance [image]( Leading the way, New Zealand sets the gold standard with its generous annual leave and a culture that treasures leisure and family time over the grind. Spain follows, championing leisure and personal care, with workers dedicating more hours to relaxation than almost anywhere else. Denmark's strict work-life boundaries ensure ample family and leisure time, supported by flexible work arrangements and a robust social support system. In France, the art of leisure is a national ethos, with significant annual leave and a societal penchant for relaxation and culture. Italy, embodying 'il dolce far niente,' offers the most leisure hours per day, encouraging a life rich in pleasure and free time. Read the full story [here](. [image] Germany Approves Dual Citizenship Law [image]( Germany's president has officially approved a landmark citizenship reform, set to take effect in June 2024, which promises to significantly ease the naturalization process for foreigners. This long-awaited reform, overcoming delays and political hurdles, reduces residency requirements for naturalization from eight to five years, or three for those with 'special integration' status. A pivotal change is the allowance of dual or multiple nationalities for non-EU citizens, a move that ends the dilemma for many immigrants of having to renounce their original citizenship. Read the full story [here](. [image] UK Nears Bottom in Global Mental Wellbeing - Time for Change? [image]( The UK has alarmingly ranked second-to-last in global mental wellbeing, according to the latest findings from the 2024 Global Mind Project. This extensive survey, which canvassed opinions from over 400,000 individuals across 71 countries, reveals a stark failure to rebound from the psychological impacts of the pandemic. With a Mental Health Quotient (MHQ) of just 49, the UK is positioned just above Uzbekistan, the lowest-ranked nation, highlighting a significant crisis in mental health satisfaction among Britons. Read the full story [here](=). [image] [image](=) NOMAD PASSPORT INDEX 2024 See where your passport ranks in the global pecking order with the Nomad Passport Index 2024. Find out if your passport opens doors worldwide, or encounters more barriers... [YOUR PASSPORT RANKING]( Ireland Imposes Visa on Dominica and Vanuatu Nationals [image]( As of March 7th, 2024, Ireland has imposed visa requirements for nationals of Dominica and Vanuatu, revoking their previous visa-free entry privileges. This move mirrors the UK's earlier policy shift, prompted by concerns over the misuse of citizenship by investment programs. The decision aims to align Ireland's immigration policies with the UK due to the complexities of the Common Travel Area (CTA) that facilitates free movement between the two nations. Read the full story [here](=). [image] [image]( = = = [Manage Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623