The end Golden Visa program in Portugal following the meeting chaired by Prime Minister António Costa on the 16th of February.
This decision was among the recent measures launched by the government to address the problem of high real estate prices in the region. Especially since most investors obtained the golden visa through real estate investment.
Portugal reportedly issued 11,628 Golden Visas between October 2012 and January 2023. The most common recipients were China, Brazil, the USA, Türkiye and South Africa.
All details of this decision will be discussed on the 16th of this month. Therefore, all proposals will be discussed and submitted to the Office of the Republic Presidency. Until that, no new applications will be received to apply for the Golden Visa. It is likely that the ongoing applications will be completed and will not be stopped.
It is worth noting that Portugal launched the Golden Visa program in 2012 intending to improve the country’s economy and attract investors around the world.
However, there is no need for concern if you are interested in acquiring an investment residency. We invite you to review the residency by investment programs that are available through our website.
Saint Kitts and Nevis extended the discount for families
The Cabinet of Ministers in Saint Kitts and Nevis has approved the extension of the duration related to reducing the cost of a family of up to four people
Facilities by German Government for Foreign Investors
The German government intends to encourage investors wishing to expand their horizons and achieve their ambitions to invest in one of the strongest global economies, by providing many good, promising, and easy investment opportunities and offering many facilities to attract investments and boost the growth of the German economy.
A tour of Spain and Spanish cuisine
f you are wondering why we advise you to choose Spain for your next vacation, we will not go so far, but did you know that Spain has the most famous international football clubs (Real Madrid and Barcelona) and it is the second country in the world that includes heritage places.
Interesting and Funny Facts About SPAIN
Spain is your choice for a safe life and a wonderful future:What if I told you about its ranking by the Global Peace Index 2020 at number 38 out of 163!!What about its privilege of providing free public health care, and having excellent international schools and...
Spain… Between the Eastern Legacy and the Western Modernity
If you want to travel to a European country but you are afraid of the idea of getting a cultural shock or a facing a difference in lifestyle, then Spain is the ideal choice for you.