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.
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.
Food in The Caribbean, origin and history
Food, is an essential aspect of many family traditions in Caribbean culture. At holidays and special events, it is very common for people to spend many days preparing food.
Caribbean food includes all the favorite seafood, chicken, and steak, prepared with the spices and colorful ingredients of the Islands. Click here and learn about the 5 most delicious dishes in the Caribbean.
Istanbul Ethnosports Festival
The Ethnosports Culture Festival, which offers visitors a chance to watch ancient sports from around the world and get a taste of different cultures, began in Istanbul yesterday.
Study and Living in Albania
In this article, we are going to explain in short about studying and living in Albania the types of higher education in Albania, the tuition fees and living expenses in Albania
What Languages Are Spoken in Albania?
The spoken languages in Albania:
Albania is an ethnically homogeneous country with a vast majority of the population speaking the Albanian language. Minorities in the country speak their own native languages like Greek, Macedonian, Romani, and others. Italian and English are the most popular foreign languages spoken by Albanians.