Portugal Golden Visa earnings: According to the released statistics by the Foreigners and Border Service (SEF), Portugal has gained 838 million Euros last year in “GOLDEN VISAS” investments 0.6 % less than the previous year.
Portugal has launched the GOLDEN VISAS system in 2012 for foreigners who are interested to invest at least 350,000 Euros in places where the government encourages investing in or creating 10 employment opportunities for citizens.
Accordingly, the country issued 1,409 “GOLDEN VISAS” In 2018, which is 4.2% more than the previous year. Consequently, China has topped the GOLDEN VISA list, followed by Brazil, Turkey, South Africa, and Russia.
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The investment fund in Türkiye is tax exemption and many benefits end with obtaining Turkish citizenship.
A meeting with the Grenada Investment Development Corporation GIDC
At Grenada Investment Development Corporation (GIDC), Mr. Imad Elbitar met Mr. Royston Cumberbatch, the Vice President of the Investment Promotion Agency.
The End of the Golden Visa Program in Portugal
The End of the Golden Visa program in Portugal following the meeting chaired by Prime Minister António Costa on the 16th of February.
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