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.
Life in Albania
In this article, we are going to talk about life in Albania and shopping there.
Albania is a 28,748 km2 country situated in the heart of the European continent, in Southeast Europe. The country is small in kilometers but it has many natural landscapes and it is rich in mineral and natural resources, its inhabitants have inherited the unique traditions of their Illyrian ancestors.
Turkish Brands prevalence in the world
The Head of the United Turkish brands Association ”Sinan Öncel” has announced that Turkish brands, which have 4,396 stores in 125 countries are daily continuing to open two new stores abroad.
From China to Portugal
The Golden Visa program in Portugal raises the queries of Hong Kong residents who are looking for alternative accommodation outside their country. In the last months of 2019, Hong Kong residents have become increasingly interested in Portugal’s investor immigration program, coinciding with escalating tensions in Hong Kong over the now-shelved extradition Bill. Portugal’s golden visa program is taken over by inquiries from Hongkongers seeking residency overseas.
Portugal Golden Visa earnings
According to the released statistics by the Foreigners and Border Service (SEF), Portugal Golden Visa earnings are 838 million Euro
Türkiye: The new amendment of the terms of getting citizenship by purchasing real estate in uncompleted projects.
The official Anadolu Agency – published a new amendment for the terms of Turkish law to grant the citizenship by purchasing real estate at uncompleted projects after it was limited for completed only, and that happens through register the contract of purchase at the notary.