At the beginning of last October, the work on the PVIP program in Malaysia started.
Malaysian Interior Minister Datuk Seri Hamza Al Din announced the start of work on the PVIP program in early October, through a press conference held on the first of last September. In which the Minister of Interior stressed the importance of this visa to the country’s economy, improving national income, and providing job opportunities for the people in Malaysia. Given that this residency targets senior businessmen and attracts them to invest in its lands within a studied rate that does not exceed 1% of the indigenous population, and aims to receive 1,000 applications during the first year.
It is worth noting that Malaysia used to operate under a visa system called MM2H, but the new visa is better at various levels, especially for those who want to study or invest there. Another advantage that can be obtained from the PVIP program is that it is open to all ages, unlike its predecessor, which was keen that the applicant must be over the age of 35.
The World’s Top Ten Citizenship by Investment Programs for 2020
Find out The World’s Top Ten Citizenship by Investment Programs for 2020
April 1st, 2020, A New Start for The Future of Iraqi Investors
After having banned citizens of some countries from applying for its citizenship, who are Iraq, Afghanistan, Yemen, Sudan, Iran and North Korea, The state of Antigua & Barbuda gives Iraq an auspicious exception that would open the door to the second citizenship for Iraqis citizens on the 1st of April 2020, while the rest of the countries bans were conditionally cancelled.
The World’s Top Ten Residency By Investment Programs for 2020
What are the world’s Top Ten Residency By Investment Programs for 2020?
Türkiye’s Transition to The Electronic System E-Devlet
Türkiye’s transition to the Electronic system:
Day-after-day e-government services in Türkiye contribute to facilitating the daily lives and transactions of citizens and residents by saving time and efforts. These services vary between municipal services, ministries services, issues related to judicial cases, registration procedures for exams and universities, health and social insurance procedures. Besides, patients can obtain appointments at hospitals through the Internet, in addition to the possibility of applying for unemployment aids and applying for a passport.
Turkish Economy Exceeded Expectations
The Turkish economy delivered a performance that exceeded expectations last year and is forecast to post significant growth this year.
According to the Investment Office of the Presidency of the Turkish Republic, Türkiye has jumped up 10 places and ranked 33rd in the World Bank’s Doing Business 2020 report. It ranked 69th in 2017, 60th in 2018, and 43rd in the 2019 editions of this report.