After stopping receiving applications for the Golden Visa Program in Portugal, the Portuguese parliament finally released the result of the final vote of the Economic and Public Works Committee, which stipulates the resumption of receiving golden visa applications again in July 2023. Still, this return does not allow the possibility of obtaining a Golden Visa through real estate investment.
This means opening the door to receiving golden residency as long as it is not through the purchase of real estate or any type of real estate investment while maintaining the other conditions.
Options available for obtaining the Golden Visa Program in Portugal:
- Securing at least 10 job opportunities.
- The investor’s contribution to scientific research.
- Investing in the promotion of cultural heritage.
- Investing through mutual funds.
- Commercial investment by securing at least 5 jobs
As for the options that are no longer available (discontinued), they are:
- Capital transfer.
- Real Estate Investment.
- Investing in renovating a property.
Benefits of obtaining the Golden Visa Program in Portugal:
- Freedom of movement within Portugal and the Schengen countries.
- Possibility of obtaining permanent residence after 5 years.
- Freedom to live and work within Portugal.
- Enjoy tax benefits or tax relief when you are an ‘unusual resident’.
- Social Security and Medicare benefits.
- Practicing professional activity, whether independent or an employee.
- Possibility of residing in any Schengen country for 3 months every 6 months
You can find out more details regarding the Golden Visa Program in Portugal by contacting NTL directly.
Türkiye Wealth Fund inks $5B MoU with China’s Sinosure
Sino-Turkish relations prove their strength, despite the turmoil in the world caused by the Corona pandemic.
Highlights on Ankara Agreement (ECAA)
(ECAA) is the European Community Association Agreement or what is known as the Ankara Agreement between the Republic of Turkey and the European Economic Community for paving the way towards Turkey’s accession to it.
Do you know that the Commonwealth includes a third of the world?
Commonwealth Day is celebrated annually across 5 continents in Africa, Asia, the Caribbean, the Americas, the Pacific and Europe. Members of the British royal family are accustomed to attending the annual Mass. The Queen receives a speech broadcast worldwide and witnesses activities such as science marches, street parties, dancing, parades, discussions and festive activities.
Albania is Close to EU Membership
The European Commission said that Albania and Northern Macedonia have made sufficient progress, allowing them to be positioned as the official “candidate” in European Union membership bids
Turkish Citizenship Certificate Delay & Changes in the Processing!
The Civil Registration and Citizenship Department of Istanbul Province announced today the temporary suspension of receiving any reviews from investors who recently acquired Turkish citizenship and wish to obtain the citizenship certificate.