News

Applications based on real estate investments will no longer be accepted

Those who already have the status, will keep it

Over the past decade, only ten investors successfully obtained Dutch residency through the program

Investing in real estate to qualify will not be available in any form

The ban will remain until a future tax on foreign property investments is introduced

The minimum price begins at $350,000 invested in shares of public companies

Citizens of eight countries, including the UK and the USA, who work in IT or STEM fields are eligible

Residence permits for investments can still be obtained under the old rules

Indonesia is looking forward to attracting investors in the technology, healthcare, and research sectors

The reason is abuses in citizenship by investment programs. Some investor applications will be revised

Major changes to the program came amid media reports about new EU guidelines

New rules supposedly will be applied to all countries offering citizenship by investment options