No, the 27-year threshold is no longer in effect.
No, they do not lose their MRVP residence status as long as they satisfy the regulations of S.L. 217.18.
The fact that he/she sells the bond and does not adhere to the qualifying property agreement, the client will automatically lose his/her status and this applies vice versa, that is, if he/she relinquishes his/her certificate, there will be no obligations to fulfill. If a Beneficiary relinquishes and/or loses his/her residency rights, any dependents benefiting from residency rights through the same certificate will automatically lose their residency rights.