Golden visas bring in €742M in 2019

The investment raised by the golden residence visa scheme for foreigners fell by 11.4 percent in 2019, compared to the previous year, to €742 million. According to data from the Foreigners and Border Service (SEF), during last year 1,245 golden visas were granted, of which 1,160 Residence Authorisations for Investment Activity (ARI) raising €660.7 million…

The Outlook On Immigration In 2020

For the fourth straight year, we should not expect Donald Trump to visit the Statue of Liberty and deliver a speech celebrating America’s tradition as a nation of immigrants. But here’s what we should expect to happen on immigration in 2020. H-1B and L-1 Visas: Employers should expect denials of H-1B petitions, particularly for companies that serve…

Cyprus Investment Program: Latest Developments

We are writing to update you on the latest developments regarding the Cyprus Investment Program (“CIP”) as some amendments and clarifications were decided in a meeting of the Council of Ministers on July 25th 2019 and were published in the official Gazette of the Republic on 23rd August 2019. The Program’s financial requirements are still…

Real Estate Market Continues to Rise in 2019

Recovering Portuguese economy is being bolstered by continuous support from foreign investors. The country succeeded in attracting many investors from all around the world to help steer it away from its crisis back in 2010. Data shows that investor interest in Portugal continues in 2019. Migratory (Golden Visa induced) and tourism related movements are generating…

The 10 Best Places to Retire in Europe

IF YOUR RETIREMENT dream is to live in one of the grand old cities of Europe, it can be difficult to narrow down your options. Retirees on a budget need to consider the cost of living and affordability of real estate. As you get older you will need health care that is readily accessible at reasonable prices.…