NEWS

Portuguese authorities have announced that the country’s residence by investment programme will no longer be available. The decision has been pushed by the ongoing housing crisis in the country, as housing prices have soared while Portuguese wages have remained the same.   More specifically, the rental prices have increased by 37 per cent in 2022 alone, making it almost impossible for many citizens to afford to house, SchengenVisaInfo.com reports.   This situation has pushed the authorities to bring the golden visa to an end and also introduce measures like banning short-term rental licenses in Portugal’s city centres, which aims at...

IMMIGRATION BY INVESTMENT NEWS 2023

By Arta Desku   Authorities in Indonesia have unfolded plans to introduce the Golden Visa Program for foreigners, thus permitting them to acquire residency in this country provided they meet specific conditions and make a financial contribution to the country’s economic sector. Through the Golden Visa scheme, which is a version of the Second Home Visa, Indonesia is planning to positively contribute to the country’s economic sector growth, VisaGuide.World reports.   The decision to introduce the Golden Visa scheme has been confirmed by the Tourism Minister and Creative Economy Minister Sandiaga Uno while stressing that the Residency by Investment scheme is a red...

IMMIGRATION BY INVESTMENT NEWS 2023

What Types of Residency in Anguilla are There? There are two types of Golden Visa available in Anguilla. The Select Anguilla residence program offers these. This approved government program allows you to acquire permanent residency by investment.   Apply for a Residence by Investment Golden Visa The Residence by Investment (RBI) Golden Visa, aka the real estate investment option, requires principal applicants to: 1.    Either a) Make a non-refundable donation to the Government’s Capital Development Fund (CDF) of no less than 150,000$ or b) Earn residency by investment by buying or constructing real estate on the island valued (at the...

IMMIGRATION BY INVESTMENT NEWS 2023

Ellesheva Kissin China’s gross domestic product (GDP) expanded by just 3% in 2022, a level well below the official target of 5.5% and one of the slowest growth rates recorded in almost half a century. The data published on January 17 by China’s National Bureau of Statistics shows how strict Covid-19 policies have weighed on Asia’s largest economy. The growth rate of 3% in 2022 was the lowest level — excluding the first year of the Covid-19 pandemic — since China began to reform its economy in 1978. Demographic data showed that China’s population declined for the first time in...

FOREIGN DIRECT INVESTMENT NEWS 2023

By LIU ZHIHUA and ZHONG NAN China's foreign direct investment inflows are expected to hit a new record in 2023 and will probably rank first in the world, experts said on Wednesday. This is because the country's FDI surge against headwinds last year has indicated foreign investors' strong confidence in the Chinese economy, while the government's ramped-up policy efforts are expected to boost economic recovery and expand FDI inflows into key industries, inland regions and major projects, they said. Their comments came as the Ministry of Commerce said the country's FDI in actual use hit more than 1.23 trillion yuan...

FOREIGN DIRECT INVESTMENT NEWS 2023

In the last 3 years, The percentage of visas granted increased by 40%. Argentina, Colombia, Chile and Peru are the Latin American countries on the podium with the most applications. The American dream of living and working legally in the United States is possible and not that complicated if you have the information and individual requirements for each visa you apply for. Recently, USCIS approved the AMIGOS (Advancing Mutual Interests and Enhancing Our Success) Act, and some of the requirements for the E2 visa were modified.   about the new changes. The E2 visa is granted only to a citizen...

IMMIGRATION BY INVESTMENT NEWS 2023

The government of St. Kitts and Nevis has announced temporary improvements to the Citizenship by Investment Program that will be effective until June 30, 2023, to boost the hospitality industry. The changes include: reduced contribution amounts for foreign nationals applying though the Sustainable Growth Fund non-refundable-contribution pathway (USD 125,000 for a main applicant instead of the usual USD 150,000; 150,000 for a family of two instead of the usual USD 175,000; and USD 170,000 for a family of four instead of the usual USD 195,000); a shorter application processing time of 60 days, down from the usual 90 days, without additional fees;...

IMMIGRATION BY INVESTMENT NEWS 2023

Golden visas were set up in Portugal about a decade ago Government held a cabinet meeting on Thursday about housingBy Henrique Almeida Portugal will end its so-called golden visa program for new foreign property buyers as it tries to address the lack of affordable housing in one of Western Europe’s poorest economies. To fight real estate speculation, Portugal will “eliminate the issuance of new golden visas,” Prime Minister Antonio Costa said at a press conference in Lisbon on Thursday following a cabinet meeting. Foreign real estate buyers who wish to renew their existing golden visas will only be eligible if...

IMMIGRATION BY INVESTMENT NEWS 2023