Jurisdictions news

30.01.2024 Cayman Islands leave the EU Grey list

The exclusion of the Cayman Islands from the list of EU jurisdictions with deficiencies in AML/CFT regimes (countering money laundering and terrorist financing – Approx.) will enter into force on February 7, 2024.

26.01.2024 On a golden UAE visa for each buyer of real estate?

Buyers of real estate in Dubai are no longer required to make a minimum down payment of 1 million dirhams to be eligible for a "golden visa", as the government has relaxed the requirements for real estate investors.

25.01.2024 The consumer price aggregator website Numbeo has compiled a ranking of the world's cities by cost of living in 2024.

The consumer price aggregator website Numbeo has compiled a ranking of the world's cities by cost of living in 2024.

22.01.2024 Germany has adopted a law on second citizenship

The Bundestag discussed in the second and final, third reading and voted for the reform of the German citizenship law. At the request of the opposition, the vote was carried out by roll-call.

19.01.2024 The EU will ban cash payments over 10 thousand euros

The European Union will ban cash payments in the amount of more than 10 thousand euros.

18.01.2024 Corporate tax in Bermuda

Bermuda will introduce a corporate tax from January 2025.

12.01.2024 Global Minimum Tax

The OECD has released a working paper on the Global Minimum Tax.

11.01.2024 Greek golden visa at the old price

Greece has extended the validity of the Immigration Code until March 31, 2024.

10.01.2024 Is Saudi Arabia getting off the "oil needle"?

Saudi Arabia has placed $12 billion in dollar bonds. It was the kingdom's biggest release since 2017.

09.01.2024 Portugal changes the citizenship law?

The Portuguese Parliament has approved amendments to the country's citizenship law, which will allow residents to start counting down the required five years to obtain citizenship from the date of applying for a residence permit, rather than from the date of its approval.

27.12.2023 Residence permit and work permit in the EU at the same time?

The European Union will simplify the rules of employment for citizens of third countries. Now it will be possible to obtain a work permit and a residence permit at the same time.

20.12.2023 Ambiguity of American Corporate Transparency Act

On January 1, 2024, the Federal Law on Corporate Transparency comes into force in the United States, which obliges millions of legal entities to register their beneficial owners with the Financial Crimes Enforcement Agency of the U.S. Treasury (FinCEN).

14.12.2023 Turkey has launched investigation into speculation in the real estate sector

The Association of the Capital Markets Council (SPK) has launched an investigation into the real estate sector and organizations after large-scale facts of speculation were revealed, especially when selling real estate to foreigners wishing to obtain Turkish citizenship.

13.12.2023 Dubai introduces unified business license

The Dubai Department of Economy and Tourism (DET), in collaboration with the Dubai Free Zones Council, announced the launch of the Dubai Unified License (DUL), a unique commercial identifier provided to all businesses in Dubai in order to simplify various business processes.

11.12.2023 Europe completes work on the AI bill

The EU member states and the European Parliament have reached an agreement on a law that regulates the use of artificial intelligence (AI). This was reported by the Spanish representation in the Council of the EU

08.12.2023 Lisbon – the innovative capital of Europe

The European Commission has announced the winners of the European Capital of Innovation Awards.

06.12.2023 The UK will tighten the conditions for expats to stay in the country

The UK government continues to fight migrants and has announced a new package of measures to reduce visitors to the country.

05.12.2023 Portugal cancels tax benefits for foreigners

Portugal is going to abolish the preferential tax regime (Non-Habitual Resident, NHR), which allows certain categories of foreigners to pay reduced taxes for 10 years after moving to the country.

04.12.2023 Top most expensive cities in the world
The analytical division of the British magazine The Economist (Economist Intelligence Unit, EIU – Approx.) has published a rating of the most expensive cities in the world.

30.11.2023 Cyprus will offer citizenship to "talents" from third countries

A bill on granting citizenship of the Republic of Cyprus to "talents" from third countries was submitted for a vote in the Parliament of Cyprus on November 30.

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