Kosovo Serbs denounce Serbian government deal



BELGRADE // The Serbian government yesterday approved a landmark agreement to normalise relations with breakaway Kosovo, but thousands of Kosovo Serb demonstrators - chanting "treason, treason" - denounced the deal.

Up to 10,000 flag-waving protesters gathered in the divided northern Kosovo town of Mitrovica, demanding that the EU-brokered agreement be annulled and branding the Serbian officials who endorsed it "traitors".

The Serbian government approved the deal unanimously at an extraordinary session and ordered ministries to implement it, said the government spokesman Milivoje Mihajlovic. The agreement could end years of tensions and put the Balkan rivals on a path to European Union membership.

The prime ministers of Serbia and Kosovo reached a tentative EU-mediated deal in Brussels on Friday that would give Kosovo's ethnic Albanian leadership authority over rebel Kosovo Serbs. In return, the minority Serbs would get wide autonomy within Kosovo.

After the Serbian approval, the EU's executive commission recommended that the bloc should start membership negotiations with Serbia. "Serbia has taken very significant steps towards visible and sustainable improvement in relations with Kosovo," the commission said in a report.

Kosovo, which is considered by nationalists to be the medieval cradle of the Serbian state and religion, declared independence in 2008. Serbia has vowed never to recognise it, and Serbian officials insist that the latest agreement does not mean Belgrade has de-facto recognised Kosovo's statehood.

It is not clear how the deal will be implemented on the ground in northern Kosovo where hardline Serb leaders vehemently reject any authority coming from Pristina's ethnic Albanians and consider the region a part of Serbia.

In Mitrovica, hardline Kosovo Serbs said they will prevent the implementation of the agreement and form their own, self-ruled region in the north.

On Sunday, Kosovo's parliament voted in favour of a resolution to support the initial agreement. The Serbian parliament is expected to do the same later this week.

* Associated Press

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Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

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