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NewsletterJune 2026

The Brief — June 2026

8 briefings · 8 June 2026 – 30 June 2026 · Argentina, Georgia, Malta, Portugal, United Arab Emirates, United States, Vanuatu

The lead

Programme Update · United States

US Supreme Court Upholds Birthright

The US Supreme Court has struck down President Trump's executive order that would have denied automatic citizenship to children born on US soil to non-citizen parents. The 5–4 ruling preserves the constitutional status of birthright citizenship — a significant outcome for high-net-worth families who include US birth as part of their mobility planning.

30 June 2026 · 5 min read

Also this edition

  1. Programme Update · Vanuatu · 30 June 2026

    Vanuatu CBI After EU Schengen Suspension

    The EU's 2022 Schengen access suspension for Vanuatu passport holders changed the programme's value proposition materially. Post-reform due diligence standards have improved, but Schengen access has not been restored. We give advisers and applicants the unambiguous picture.

  2. Market Commentary · 30 June 2026

    UAE vs Panama Tax Residency 2026

    Both the UAE and Panama are marketed as zero-tax residency solutions. Both are legally valid. But they work through completely different mechanisms, suit completely different applicant profiles, and fail completely different people. Advisers conflating them are not giving useful counsel.

  3. Country Guide · Georgia · 30 June 2026

    Georgia's 1% Tax Rate: The Most Underused Residency…

    Georgia offers a 1% flat tax on foreign-source income for sole traders and 0% corporate tax for qualifying IT companies — with no minimum investment and no mandatory annual stay. The programme is materially underused because it generates minimal advisory commission. This is the factual assessment.

  4. Programme Update · Argentina · 29 June 2026

    Argentina Weighs CBI Under Milei

    Buenos Aires is in advanced internal discussion on a structured citizenship-by-investment pathway, with leaked draft parameters suggesting a USD 500,000 minimum investment threshold and a 24-month residency waiver. The programme has not been officially confirmed.

  5. Programme Update · Portugal · 20 June 2026

    Portugal NHR 2.0: Who Qualifies in 2026

    Portugal replaced the original Non-Habitual Resident regime with IFICI — a narrower, profession-linked scheme. We break down the exact qualifying categories, the 20% flat tax rate, and who is better off under the new rules.

  6. Programme Update · United Arab Emirates · 15 June 2026

    UAE Golden Visa: 2026 Expansion

    The UAE has broadened the Golden Visa qualification criteria — lowering property thresholds, adding new professional categories, and simplifying the proof-of-income requirements. A full review of who qualifies in 2026.

  7. Programme Update · Malta · 8 June 2026

    Malta's Citizenship-by-Investment Programme Is Closed

    The CJEU ruled Malta's MEIN scheme unlawful in April 2025 and Malta repealed it in July 2025. No EU member state now sells citizenship. What replaced it, and what is actually still available.

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