Business news from Ukraine

Business news from Ukraine

Argentina Launches Citizenship-by-Investment Program: Passport Can Be Obtained for as Little as $350,000

According to Relocation, Argentina has officially announced the launch of a citizenship-by-investment program that will allow foreigners to obtain an Argentine passport without going through the standard, multi-year naturalization process. The government plans to begin accepting applications as early as the fourth quarter of 2026.

The program was announced on October 2 during Argentina Week in Paris by Argentine Economy Minister Luis Caputo and Prime Minister Diego Santilli.

The government is offering foreigners two main options for participation.

The first is a non-refundable contribution of $350,000 to the Argentine treasury.
The second is the purchase of a special government bond worth $800,000, which will be issued specifically for program participants. The government has not yet published the detailed terms of this security.

The program allows for the inclusion of family members.
The spouse of the primary applicant, as well as unmarried and childless children between the ages of 18 and 25, will be eligible for citizenship subject to an additional contribution of $100,000 per person.

For a child under the age of 18, the additional contribution will be $25,000.
Thus, a family consisting of two adults and two minor children will be eligible for Argentine citizenship upon making a total non-refundable contribution of $500,000

. One of the program’s key features is that it grants citizenship itself, rather than a residence permit or permanent residency in exchange for investment.
The legal framework for the new program was established back in May 2025, when the government amended Argentina’s citizenship law and created a special Agency for Citizenship-by-Investment Programs. Its mission is to manage such programs and attract foreign capital.

However, it will not be possible to obtain a passport simply by transferring money. The government promises to conduct extensive background checks on applicants.
The origin of funds, the applicant’s financial transparency, and potential risks related to money laundering and terrorist financing will be scrutinized. The authorities state that due diligence procedures will comply with OECD and FATF recommendations. All investments must go through the official financial system.

Another important point for potential participants: the acceptance of applications had not yet begun at the time the program was announced.
The government has announced that the program is scheduled to launch during the fourth quarter of 2026. Therefore, until the final procedures, application forms, review deadlines, and investment bond parameters are published, it is premature to transfer funds or pay for the services of intermediaries who are already promising a guaranteed Argentine passport.

Argentine citizenship is of interest primarily as a tool for international mobility. The country’s passport provides extensive visa-free access, particularly to Schengen Zone countries, and Argentine citizenship opens up additional opportunities for residence and economic activity within South America thanks to the country’s integration into Mercosur.

Before the investment program was introduced, foreigners could obtain Argentine citizenship through the standard naturalization process. The new model creates a separate pathway for wealthy applicants willing to invest significant capital.
Argentina spent over a year preparing the program. In May 2025, a decree by President Javier Milei established the legal framework for obtaining citizenship through investment, and in April 2026, the leadership of a special government agency was appointed. The authorities first announced the official financial terms on October 2.

, , , ,

Germany allows foreign graduates to obtain permanent residence permit after two years of skilled work

According to Experts.news, foreign professionals who have completed a university degree or vocational training in Germany can obtain a permanent residence permit after two years of skilled work in the country.

The current version of §18c of the Aufenthaltsgesetz provides for a special shortened period for those who have successfully completed vocational training or studies at a higher education institution directly in Germany. For such professionals, the required period of residence with a permit for skilled work is two years, and the required period of pension insurance contributions is 24 months.

At the same time, the official German portal for foreign professionals, Make it in Germany, clarifies that this preferential provision is not entirely new: it was already in effect as part of a special regime for graduates of German universities and vocational training institutions and was retained following the reform of immigration legislation. For other skilled workers, the standard period for obtaining permanent residency is three years, not five.

To take advantage of the two-year path to permanent residency, a foreign national must have held a residence permit for at least two years as a skilled worker, researcher, or EU Blue Card holder under the relevant provisions of the law. They must also work in a position that meets the conditions of the residence permit, have paid contributions to the state pension insurance system for at least 24 months, have German language proficiency at the B1 level, possess basic knowledge of Germany’s legal and social systems, and have sufficient living space.

Separate, even faster rules apply to EU Blue Card holders. A permanent residence permit can be obtained after 27 months of skilled work, or after 21 months if the applicant has a B1 level of German.

In recent years, Germany has been gradually simplifying the process of attracting and retaining foreign specialists amid a labor shortage. In particular, the Skilled Immigration Act reform expanded entry opportunities for skilled workers, introduced the Opportunity Card for job seekers, and streamlined a number of procedures for Blue Card holders and their family members.

According to data from Destatis, Germany’s Federal Statistical Office, as of the end of 2025, 14.07 million foreign nationals residing in Germany were registered in the Central Register of Foreigners. Approximately 5 million of them were EU citizens, and another 4.6 million held citizenship of other European countries.

Turkish citizens remained the largest single group of foreign nationals, numbering 1.520 million. In second place were Ukrainian citizens—1.410 million—followed by Syrian citizens—936,000—Romanian citizens—904,000—Polish citizens—840,000—and Italian citizens—629,000. Germany was also home to approximately 450,000 citizens of Afghanistan, 422,000 citizens of Bulgaria, 413,000 citizens of Croatia, and over 311,000 citizens of India.

At the same time, the number of Ukrainian citizens increased by approximately 76,000 in 2025, marking one of the largest increases among individual nationalities. The number of Indian citizens rose by 34,000. At the same time, the number of Syrian citizens decreased by 39,000, while the number of Polish and Turkish citizens decreased by approximately 25,000 each, and the number of Russian citizens decreased by 18,000

If we look at the data by country of birth rather than citizenship, the picture is somewhat different. In 2025, there were 16.4 million people living in Germany who had immigrated to the country themselves. The largest groups were born in Poland and Turkey—approximately 1.5 million people each—in Ukraine—1.3 million—and in Russia and Syria—approximately 1 million each.

These five countries accounted for about 39% of all immigrants living in Germany. In total, about 21.8 million residents of the country had personal experience with migration or were direct descendants of immigrants.

Thus, Ukrainians are currently the second-largest group of foreign nationals in Germany after Turkish citizens and one of the three largest immigrant groups by country of birth.

, , , ,

Indonesia Steps Up Digital Monitoring of Foreigners Using AI, Facial Recognition, and Drones

Indonesia is expanding the use of digital technologies to monitor foreign nationals, including artificial intelligence, facial recognition systems, specialized databases, and drones for border surveillance.

Hendarsam Marantoko, Director General of Indonesia’s Immigration Service, stated that in the future, technology should account for about 70% of the immigration system’s operational infrastructure. The statement was made during the opening of the Immigration Lounge in Bali.

Part of the new system is already operational. Ngurah Rai International Airport in Bali uses automated border gates and facial recognition to verify passengers against their travel documents and immigration databases. In April 2026, this technology helped identify a foreign national arriving in Bali who was wanted by U.S. law enforcement agencies.

Another key component is the Subject of Interest (SOI) system. It is integrated with the central immigration information system SIMKIM and enables officials to check, in near real time, on foreigners of heightened interest to law enforcement agencies, analyze their data, and decide on further actions.

At the same time, Indonesia is developing the “Digital Fence” project. The Immigration Service, in collaboration with the Bandung Institute of Technology, is working on using drones to patrol hard-to-reach border areas and detect people crossing the border outside of official checkpoints.

The digitization of border control also affects ordinary foreigners legally residing in or vacationing in the country. Hotels, apartments, guesthouses, and other lodging facilities use the APOA app—Aplikasi Pelaporan Orang Asing—to submit information about foreign residents to immigration authorities. In 2026, the authorities continue to expand the use of this system.

At the same time, on-the-ground monitoring is being strengthened. The country operates the PIMPASA program—Petugas Imigrasi Pembina Desa—under which immigration officers are assigned to specific communities and collaborate with local authorities and residents. Their tasks include gathering information on the whereabouts and activities of foreign nationals and the early detection of potential violations.

This new model is being applied particularly actively in Bali, where authorities intensified checks on foreign nationals in 2026. During the first phase of Operation Dharma Dewata, the immigration service identified 62 foreign nationals with various violations. In the next phase, another 66 people were detained or summoned for inspection. Among the most common violations cited were failure to comply with registration and public order rules, misuse of a residence permit, and overstaying the permitted period of stay.

However, tighter controls do not mean the introduction of new restrictions directly on the purchase of real estate or the acquisition of residence permits by foreigners. The focus is primarily on deeper digital integration of existing immigration controls: the authorities want to know when and through which port of entry a person entered the country, on what basis they are in Indonesia, where they reside, and whether their actual activities correspond to the type of visa or residence permit they hold.

For foreign property owners, investors, and long-term residents of Bali, the practical implication of these changes is that discrepancies between visa status and actual activities will become easier to detect. This applies, for example, to working on a tourist visa, overstaying one’s visa, or engaging in commercial activities without the appropriate authorization.

Indonesian authorities view these tighter controls as part of a broader immigration strategy. In June 2026, the head of the immigration service identified its three main elements: strengthening border controls, monitoring foreigners within the country, and integrating digital services.

, , , ,

Latvia to End Issuance of Residence Permits Based on Real Estate Purchases Starting September 15

Starting September 15, 2026, Latvia will cease issuing new temporary residence permits based on real estate purchases. These changes are provided for in the new Immigration Law, which the Saeima re-adopted on August 20 and which takes effect on September 15.

Until now, a foreign investor could apply for a temporary residence permit valid for up to five years upon purchasing real estate worth at least EUR 250,000.
The new law no longer provides for this basis for initially obtaining a residence permit. At the same time, the option to obtain a residence permit by depositing funds in a Latvian bank—which previously required an investment of at least EUR280,000—is being discontinued, according to the Prian.ru portal.

That said, investors effectively have a short transition period. Applications for temporary residence permits submitted before the new law takes effect will be processed under the old legislation.

These changes do not mean that residence permits already issued will be automatically revoked. Permits issued before September 15 remain valid until the end of their specified term. Furthermore, a special transitional mechanism is in place for holders of residence permits previously obtained through real estate purchases or bank investments: provided they maintain their investments and meet the established requirements, they will be able to apply for a renewed temporary residence permit valid for up to five years.

After the real estate option is phased out in Latvia, other investment grounds will remain available. A foreign national may obtain a temporary residence permit valid for up to two years by investing at least EUR50,000 in the capital of a small Latvian enterprise or EUR100,000 in a larger company. Additionally, a payment of EUR10,000 must be made to the state budget, and the company must meet the established requirements regarding employment, turnover, and tax payments.

Furthermore, the new law provides for an investment mechanism through a state-established alternative investment fund manager. To obtain a residence permit, applicants must invest a minimum of EUR 150,000 for a period of at least five years and additionally pay EUR 10,000 to the state budget. Such a residence permit may be granted for a term of up to five years.

Citizens of Russia and Belarus will not be able to use these investment-based options. The relevant restrictions are explicitly stipulated in the new legislation.
Latvia’s investment-based residence permit program has been in place since 2010 and, for many years, was one of the best-known European options for obtaining a residence permit through real estate.

, , , ,

Indonesia Plans to Allow Dual Citizenship for Diaspora

Indonesia plans to allow limited dual citizenship for the first time for certain members of the national diaspora and highly skilled professionals. President Prabowo Subianto put forward the initiative, proposing that Parliament amend the citizenship law. The president presented the initiative during a speech in parliament on Indonesia’s 2027 state budget proposal.

According to him, the new policy will not apply to everyone who wishes to obtain a second passport. It involves limited dual citizenship for professionals and members of the diaspora in whom the state has an interest.

Among the potential categories, Prabowo named scientists, doctors, engineers, artificial intelligence specialists, researchers, entrepreneurs, artists, and athletes.

“We propose allowing dual citizenship for certain talents that the country needs,” the president stated.

According to him, the authorities should not force Indonesia’s most successful expatriates to choose between an international career and maintaining ties with their historical homeland.

It is expected that potential recipients of dual citizenship will undergo a separate selection process, including a background check. The rights and obligations of such citizens are to be defined separately by law, taking into account national security considerations.

Current Indonesian law generally does not recognize dual citizenship for adults.

Children who have acquired citizenship in two countries may temporarily retain both statuses; however, upon reaching the age specified by law, they must choose one citizenship.

Therefore, implementing Prabowo’s initiative will require amending the current law and obtaining parliamentary approval. A timeline for adopting the relevant amendments has not yet been announced.

The initiative is a continuation of a long-standing discussion on engaging the Indonesian diaspora. As far back as 2024, authorities publicly discussed the possibility of dual citizenship for former citizens and professionals of Indonesian descent.

The authorities cite the brain drain as one of the reasons for the reform. According to Indonesia’s Directorate General of Immigration, nearly 4,000 Indonesians obtained Singaporean citizenship between 2019 and 2022, renouncing their Indonesian passports. The authorities hope that the option to retain Indonesian citizenship will allow professionals to pursue international careers without severing their legal ties to the country.

The involvement of the diaspora is already particularly noticeable in sports. In recent years, the Indonesian national soccer team has included a number of players born primarily in the Netherlands who have Indonesian roots. The authorities implemented special procedures for them to obtain citizenship.

Ahead of a possible reform, Indonesia launched the Global Citizenship of Indonesia (GCI) program.

It allows former Indonesian citizens and certain foreigners of Indonesian descent to obtain a permanent residence permit with the right to enter the country multiple times without renouncing their existing foreign citizenship. However, GCI does not constitute Indonesian citizenship and does not entitle holders to an Indonesian passport.

The program applies, in particular, to former Indonesian citizens, their descendants, and certain categories of family members with ties to Indonesia.

The limited dual citizenship currently being proposed should go much further and allow certain members of the diaspora to simultaneously retain their foreign citizenship and restore or obtain Indonesian citizenship.

, , , ,

Paraguay Has Sharply Increased Issuance of Residence Permits

In January–June 2026, Paraguay issued 29,765 thousand residence permits to foreigners, an 81% increase over the 16,456 thousand issued during the same period last year, according to the country’s National Migration Office. The number of applications filed rose by 62% to 33,243 thousand, compared to 20,567 thousand in the first half of 2025. The immigration service described the volume of applications as unprecedented and introduced additional work shifts, including on weekends.

Of the total number of documents issued, 23,833 thousand were for temporary residence permits, and another 5,932 thousand were for permanent residence status. Applicants submitted 27,024 thousand applications for temporary residence and 6,219 thousand for permanent residence.

Neighboring Brazil remains the main source of migration. Its citizens were issued 22,628 thousand permits, or 76% of the total.

Citizens of Argentina ranked second with 2,210 thousand permits. Next came Germany with 1,132 thousand, Spain with 821, Venezuela with 495, the United States with 450, the Netherlands with 426, France with 358, and Bolivia with 357.

Russia ranked tenth. In the first half of the year, 345 Russian citizens received Paraguayan residence permits, accounting for about 1.2% of all foreigners granted residency status.

Ukraine did not make the published list of the top ten countries. The National Migration Service did not provide a separate figure for Ukrainian citizens in its public press release. It was not possible to determine the exact number of Ukrainians based on available statistics.

Throughout 2025, Paraguay received a record 47,687 applications and issued 40,600 residence permits. Thus, in just the first six months of 2026, the country had already issued 73% of the total number of residence permits and permanent residence permits granted last year.

Ukrainian citizens may enter Paraguay without a tourist visa for up to 90 days. However, to extend their stay, obtain resident status, or engage in paid employment, they must comply with specific immigration requirements.

 

, ,