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.
What is the Turkish Portal (your key Turkey)?
It is an online portal for foreigners, launched by the Turkish Ministry of Environment and Urban Development. It is an easier way to obtain all information and consultations related to Real Estate, Real Estate Registration, and how to obtain Turkish citizenship by investing for foreigners wishing to buy real estate or/and obtain citizenship in Turkey.
NTL AT RAK International Exhibition for SME 2019
In response to a special invitation, NTL company represented by Mr. Imad Elbitar, Nationalities and Citizenship Expert, attended the opening of the (Ras Al Khaimah) RAK International Exhibition for Small and Medium Enterprises SME, followed by a luncheon that brought together many investors, diplomats and managers of participating companies from around the world.
First Day In InvestPro 5th – Dubai
InvestPro conference takes place in Dubai – UAE, at Oberoi Hotel for two days from 13 to 14 November.
NTL, represented by Mr. Imad Elbitar, Nationality and Citizenship Expert, and Regional Director for the Middle East and Turkey, participates in the conference.
Comparison Between Turkey and Caribbean CBI
The second citizenship is considered the pass card to secure a better future for the investor and his family. In this article, we put together a comparison between the most required passports and their advantages.
Grenada CBI law Amendments
On March 10, 2019, the Prime Minister’s Office of Grenada released the amendments to the CBI program in order to attract more investors.
The Minister of Trade, Industry, Cooperatives and CARICOM Affairs, Oliver Joseph, on Friday introduced a bill in the House of Representatives of Granada for the Citizenship by Investment amendment Act. 2019.