Depends what visa and what country
In Portugal, it has attracted 6.5 billion euros in investment by foreigners, mainly from China, Brazil and South Africa, with the bulk of the money going into real estate. Rules have changed this year to redirect investments from a red-hot property market in big cities to depopulated areas.
It would be foolish to do the same and expect a different result than in the past.
LISBON, Nov 2 (Reuters) - Portugal is likely to scrap its "golden visa" programme giving wealthy foreigners residence rights, Prime Minister Antonio Costa said on Wednesday, saying that the 10-year-old scheme had already fulfilled its role.
Costa said Portugal wanted to continue to be attractive, with one example being its recent law, enacted on Monday, that created the so-called digital nomads visa. It gives foreigners with high monthly income from remote work to live and work from Portugal for a year.
The Authorisation of Residence for Investment Activity for people from non-EU countries, commonly known as the golden visa programme, has been heavily criticised at home for sending house prices and rents up, and the European Commission has called for the end of such national schemes.
A Golden Visa in Dubai is a special residency program that allows eligible individuals and their families to live and work in the United Arab Emirates (UAE), particularly in Dubai. This visa program is designed to attract foreign investors, entrepreneurs, skilled professionals, and retirees to contribute to the growth and development of Dubai's economy and society.
TVG Consultancy specializes in assisting individuals and businesses in the application process for the Golden Visa in Dubai. They offer expertise in navigating the eligibility criteria, documentation requirements, and the overall application process, ensuring a smooth and successful application. With TVG Consultancy's guidance, you can leverage the advantages of the Golden Visa program and embark on your journey to establishing a prosperous and fulfilling life in Dubai.
Britain scrapped golden visas for rich investors in February amid concerns about the inflow of illicit Russian money, just before Russia's invasion of Ukraine that brought on unprecedented Western sanctions against Moscow. (Reporting by Catarina Demony; Additional reporting by Patricia Rua; Editing by Andrei Khalip and Angus MacSwan)
In Portugal, it has attracted 6.5 billion euros in investment by foreigners, mainly from China, Brazil and South Africa, with the bulk of the money going into real estate. Rules have changed this year to redirect investments from a red-hot property market in big cities to depopulated areas.
It would be foolish to do the same and expect a different result than in the past.LISBON, Nov 2 (Reuters) - Portugal is likely to scrap its "golden visa" programme giving wealthy foreigners residence rights, Prime Minister Antonio Costa said on Wednesday, saying that the 10-year-old scheme had already fulfilled its role.
Costa said Portugal wanted to continue to be attractive, with one example being its recent law, enacted on Monday, that created the so-called digital nomads visa. It gives foreigners with high monthly income from remote work to live and work from Portugal for a year.
The Authorisation of Residence for Investment Activity for people from non-EU countries, commonly known as the golden visa programme, has been heavily criticised at home for sending house prices and rents up, and the European Commission has called for the end of such national schemes.
A Golden Visa in Dubai is a special residency program that allows eligible individuals and their families to live and work in the United Arab Emirates (UAE), particularly in Dubai. This visa program is designed to attract foreign investors, entrepreneurs, skilled professionals, and retirees to contribute to the growth and development of Dubai's economy and society.
TVG Consultancy specializes in assisting individuals and businesses in the application process for the Golden Visa in Dubai. They offer expertise in navigating the eligibility criteria, documentation requirements, and the overall application process, ensuring a smooth and successful application. With TVG Consultancy's guidance, you can leverage the advantages of the Golden Visa program and embark on your journey to establishing a prosperous and fulfilling life in Dubai.
Britain scrapped golden visas for rich investors in February amid concerns about the inflow of illicit Russian money, just before Russia's invasion of Ukraine that brought on unprecedented Western sanctions against Moscow. (Reporting by Catarina Demony; Additional reporting by Patricia Rua; Editing by Andrei Khalip and Angus MacSwan)