Wealthy Britons step up citizenship shopping to thwart Brexit

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

A firm has seen a significant increase in clients seeking citizenship from Cyprus or Greece. FMTNews UK EU Britain Shopping Brexit

LONDON: The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken.

Citizens of certain Caribbean sovereign states including St Lucia and St Kitts & Nevis also enjoy preferred access to the EU, thanks to close ties with EU members as a result of historic, diplomatic and modern trade agreements. Interest in additional citizenships is rising even as the European Commission examines possible steps to curb EU states selling passports and visas to wealthy foreigners, due to concerns it can help organised crime groups.Securing citizenship takes six months and requires a minimum property investment of €2 million.

But interest has rallied since July 1, with a 15% year-on-year increase in engagement to Sept 10, as the end of the Brexit transition phase nears. For less than £40,000 more, investors can obtain citizenship of St Kitts & Nevis – and visa-free travel to 156 countries – in around 60 days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sarawak-born teenager adopted by Malaysians fails in citizenship bid, as court rules citizenship doesn’t come with adoption | Malay MailKUALA LUMPUR, Sept 25 — A teenage boy born in Sarawak has failed in his bid to be recognised as a Malaysian citizen, as the High Court has ruled that his adoption by a Malaysian couple does not mean that he would then automatically be granted citizenship. The teenager, identified only as L to... Kahwin dgn VVIP ... instant warganegara Need to change the laws. Also need the government to come up with a clear path to citizenship. If PN says they are a caring government, then please care of those poor kids who lost their biological parents.
Source: malaymail - 🏆 1. / 86 Read more »

Study: Over 80pc of Britons not heeding Covid-19 self-isolation rules | Malay MailLONDON, Sept 25 — Over 80 per cent of people in Britain are not adhering to self-isolation guidelines when they have Covid-19 symptoms or had contact with someone who has tested positive, a study has found. A majority were also unable to identify the symptoms of Covid-19, the respiratory disease...
Source: malaymail - 🏆 1. / 86 Read more »

Moscow mayor orders elderly to stay home as virus reboundsIt’s a compulsory rule, with exceptions for medical care, shopping, walking dogs and commuting to work. FMTNews Not only that ... Each time take your temparature , wear your madk to reduce the spread of virus , and use hand sanitizer
Source: fmtoday - 🏆 5. / 72 Read more »

Azis: Rivals who peddle 'unlawful citizenship' claims have 'no brains'SABAH POLLS | He says that only federal gov't has the power to issue ICs, and PN is the federal gov't.
Source: malaysiakini - 🏆 20. / 51 Read more »

Court rejects Johor-born woman's citizenship bid; 36-year wait to be recognised as Malaysian continues | Malay MailKUALA LUMPUR, Sept 24 — Tan Soo Yin was born in Yong Peng, Johor and has lived all her life in Malaysia, but her wait to be recognised by the Malaysian government as a citizen will have to continue after her failed bid in the courts here today. Lawyer Jasmine Wong, who represented the 36-year-old... Do not lose hope ...stay strong Racist country, if this is a Muslim or Malay person, immediately recognised. Illegal immigrants get citizenship faster. This case is simply ridiculous. Instead of going for a higher court, the lawyers went rampant in the media? Lulus mana ni ba? Contempt of court. Disrespectful of the court’s decision. Also, 37yrs ago, anyone without a birth cert wasn’t allowed to be registered in school. Who disregard the law? Chinese school?
Source: malaymail - 🏆 1. / 86 Read more »

100 individuals suspected of dual citizenship denied entry to vote
Source: fmtoday - 🏆 5. / 72 Read more »