Council of Ministers Implements Key Policies from Migration Action Plan

Updates from the Council of Ministers which took place today and that start implementing some of the policies announced 3 weeks ago with the approval of the so-called “Migration Action Plan”: i. assigning the Agency for Integration, Migrations and Asylum (AIMA) the mission to proactively attract immigrants; ii. assuming and valuing the Migration Observatory as…

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Caribbean countries pressing forward with the implementation of the memorandum of agreement on citizenship by investment programmes

OECS Media Release The Caribbean countries which offer Citizenship By Investment Programmes are moving with alacrity to implement the Memorandum of Agreement (MOA). ​ The signatories of the MOA are: Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Kitts and Nevis and Saint Lucia. ​ See signed MOA.The MOA which was published in March 2024…

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Over 50 complaints per day against AIMA

According to the newspaper ‘Expresso‘, Lisbon was where the largest number of cases were filed, but Porto (484), Loulé (339), and Leiria (215) follow: there are 240 cases in higher courts and one has even reached the Supreme Court. Most of the cases against AIMA, explained the newspaper, are “subpoenas to defend rights, freedoms and…

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Changes to the Start-up Visa and Self-Employed Persons programs to help reduce backlogs and improve processing times

News release April 29, 2024—Ottawa—Immigration is critical to the growth of our economy and our communities. Improving processing times is key to providing an immigration system that works better for newcomers and Canadians alike, which is why we are taking action to reduce wait times and modernize our programs and services. Today, the Honourable Marc Miller,…

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Portugal Golden Visa: Update In SEF’s Fees

It Was Today Published In Diário Da Republica (Portaria N.º 307/2023, De 13 De Outubro) The Fees That Will Be Charged By The New Entity That Will Replace Sef. The Updated Values Will Enter Into Force On October 29Th, 2023, And Are The Following: Analysis Fee – 773,74€ (Previously Was 581,76€ €) Residency Card For…

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Golden visas, the temptation to screw up

A long article by Jose Ribeiro e Castro, a senior constitutional lawyer, partner at the PMCM law firm and former leader of the People’s Party, and an MEP. He argues that: (1) the housing crisis is not the fault of the ARI, (2) that the ARI scheme could be better managed to promote more positive…

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Building a Secure Future

Nicolas Salerno Founder and Managing Director at Golden Visa Consultancy on the rising popularity of getting a second citizenship and the process it entails Golden-Visa Consultancy is a boutique advisory firm focused on real estate development, business immigration and citizenship by investment. Our firm offers a personalised service to clients who need assistance on the…

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Bulgaria cabinet adopts bill to abolish golden visa program

By Uglobal Staff The Bulgarian cabinet has approved a bill to abolish the country’s golden visa program for foreign investors, citing the reason that the CBI program did not significantly boost the country’s economy or create many jobs, according to various media reports quoting the Bulgarian premier’s office. The Bulgarian Ministry of Justice submitted a draft law…

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SEMINAR | INVEST AUREUM

On December 11th, four promotional and investment-raising seminars will be held at the Portugal Pavilion under the motto Global Residency and the Portuguese Golden Visa, organized by the company Invest Aureum, with the aim of promoting Portugal as a destination for investment and to attract foreign capital through the Golden Visa program. The seminars are aimed at…

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Chương Trình Thường Trú Nhân Mới Của Malta Chính Thức Mở Cửa

Chương trìnhThườngtrúnhân(MPRP)mớicủaMalta,thaythế Chương trìnhThị thực ThườngtrúMalta(MRVP), đã chính thức mở cửa chocác đơn đăng kývàongàyhômquasaukhicôngbốluậtliênquanvàothứSáutuầntrước. Cácquyđịnhhiệncóhiệulựcđãkhôngthayđổiđángkể so vớinhững thông tin màIMI đã độc quyền tiếtlộvàotháng1,cácchi tiết cóthể  được đọcthêmtrongbàiviếtgốcvềchủđềnày: Trong tương lai, yêu cầu đầu tư trái phiếu 250.000 EUR đã được loại bỏ hoàn toàn, trong khi mức tối thiểu đầu tư bất động…

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Portugal Ranked First, Again

The 20 Best Places For Americans To Live, Invest, Work In Europe Portugal Ranked First, Again Even if the fate of Donald Trump isn’t driving your decision, you may be considering a life abroad or dreaming of making a move across the ocean to Europe. Based on various criteria including the presence of an international school,…

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Lisbon hailed 3rd most innovative city

Lisbon has been ranked as the third most innovative city in the world according to a new report by Ambreyewear. Ambreyewear decided to look into where in the world is best for innovative and creative minds. It took into consideration “innovation, creativity, connectivity, education, wellbeing, and employment opportunities”. Innovation is the home of creativity and…

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The Impact of COVID-19 on the European Hotel Sector

There is no doubt that the COVID-19 pandemic has had a most dramatic effect on the hotel business throughout Europe and words like ‘unprecedented’ and ‘unique’ are used liberally to describe the situation. Performance data from STR for the first half of the year compared with 2019 show how dramatic the effect on the hotel…

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Changes in the Cyprus Investment Programme

Recently, there has been a lot of information on the Internet about the changes in the Cyprus Investment Programme. We hereby inform you of the final changes officially published in the Government Gazette on August 17-18, which came into force. For convenience, we present the new terms of the programme in comparison with the previous…

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Top Two Attractions of Portugal: Web Summit and the Golden Visa Program

Among Portugal’s top attractions, two stand out: growing tech industry and the Golden Visa program. After the global crisis of 2008, Portugal suffered from high unemployment rates. During this period, qualified and unemployed Portuguese citizens leaned towards entrepreneurship. Thanks to government support in recent years, Portugal gave birth to many successful start-ups. The capital Lisbon…

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Portugal ranked 3rd best country in the World to travel

From European classics that crop up on the list of the best countries in the world again and again – Italy, Portugal, Croatia – to further-flung places that keep drawing travellers in – Vietnam, Colombia, Tanzania – these are the best countries it visit according to the readers of Condé Nast Traveller. The scores below…

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Saint Lucia Citizenship Program Responds to The Pandemic With a Covid-19 Relief Bond and Other Major Reductions

The Saint Lucia Citizenship by Investment Unit has announced effective immediately, wide-ranging reductions and other attractive changes to most options under its Citizenship by Investment Program. See program updates below COVID – 19 RELIEF BOND Offer Valid Until 31 December 2020 Investment in Government Bond starts at $250,000.00 (a discount of 50%) The Investment amount…

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Governo vai testar a realização de atos autênticos à distância

O Conselho de Ministros aprovou um regime experimental para a realização de atos autênticos, termos de autenticação de documentos particulares e reconhecimentos de letra e assinatura através da internet. O novo regime vai permitir que conservadores de registos e oficiais de registos, notários, advogados e solicitadores realizem estes atos, que, de outro modo, exigiriam a presença física…

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Portugal Bets on Safe-Haven Status to Spur Coronavirus Comeback

Portugal is hoping its track record as a safe haven will help attract foreign investors and tourists who will help spur a “sharp” recovery once confinement measures to tackle the coronavirus are eased. Economy Minister Pedro Siza Vieira said Portugal, where a lockdown has been less severe than in many European countries, will start allowing…

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Iberian real estate cycle will be long term says economist

By Essential Business Ignacio de la Torre, Chief Economist at Spanish investment bank Arcano discussed ‘Why Portuguese and Spanish Real Estate Markets will keep rising’ at an event organised by the Portuguese Association of Real Estate Investors and Developers this week and dismissed fears of a another looming recession or property bubble on the Iberian Peninsula.Both…

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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…

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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…

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2019: The eyes of the world on Portugal – Press Review

By Len Port Portugal has been much in the international news this year and most of the reports in the major papers have been positive. When Portugal was rated number three in this year’s Global Peace Index, published annually by the Australia-based Institute for Economics and Peace, the Sydney Morning Herald was naturally among those quick off the…

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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…

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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…

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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.…

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How Portugal engineered a remarkable recovery

In 2012, Portugal was forced to suffer in silence as IMF-engineered austerity took its toll on the country. However, a change of direction in recent years has revitalised and rejuvenated the nation’s economy Lisbon, Portugal. The country has managed to reverse the economic decline it found itself mired in just 7 years ago as it…

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More Than 30 Firms Apply for Montenegro CIP Intermediary License, Govt Says

Montenegro’s Secretariat for Development Projects says it has received more than 30 applications from international service providers expressing their interest in becoming accredited intermediaries for the country’s new citizenship by investment program. At the beginning of January, the government opened the application window for both prospective agents and due diligence providers, setting the deadline at…

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Changes in Cyprus Investment Program

For the past few years, the Cyprus Investment Program has been deemed as a leading organization that constantly evolves. Their development includes implementing a much more rigorous due diligence, providing newly improved processing procedures and consistently creating ideas that further promote the organization’s goals. Cyprus, one of the most prosperous nations of Europe, has made…

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