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.
12 Fun & Interesting Facts About Albania
Here are some fun & interesting facts about Albania:
In the evenings, the locals like to walk. But it’s not just a walk, it’s an official evening walk where every resident comes out to stretch their legs and catch up with their neighbors. Everyone gathers at various places, walking and talking until nightfall.
Agriculture, Forestry, and Fishing in Albania
Agriculture is an essential sector in Albania. One of the earliest agricultural lands in Europe has been found in southeastern Albania.
The former governments allocated substantial resources to the development of agriculture. Large-scale programs of land reclamation, soil improvement, and irrigation, as well as increased use of fertilizers, all contributed to a significant expansion of agricultural production. Later, agriculture has registered annual growth during the latest periods.
Population and Economy in Albania
In this article, we are going to know more about Population and Economy in Albania.
Albania is located in Southeastern Europe and is a member of the UN and NATO. Albania is one of the smallest countries in Europe with 28,700 square kilometers (11,000 square miles) of area.
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.