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The 36-year-old is set to return to Old Trafford for a £12.8million fee which could rise to £19.4million with add-ons after the club stepped in following the collapse of his talks with their fierce rivals Manchester City.
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.
Manchester United have agreed a sensational deal for superstar player Cristiano Ronaldo to return to the club, 12 years after he departed for Real Madrid. Above: The star with his long-term girlfriend Georgina Rodriguez
A club statement said: 'Everyone at the club looks forward to welcoming Cristiano back to Manchester'. Above: A tweet from Manchester United's official Twitter account simply read, 'Welcome home, @Cristiano'
United said the deal was subject to the agreement of personal terms, visa and a medical, which is being carried out in Lisbon. He will reportedly earn a salary of £480,000-a-week, making him by far the highest earner at United. Above: Ronaldo was pictured arriving in the Portuguese capital on Friday afternoon
United said the deal was subject to the agreement of personal terms, visa and a medical, which is being carried out in Lisbon. He will reportedly earn a salary of £480,000-a-week, making him by far the highest earner at United.
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.
Ronaldo scored 118 goals during six seasons in Manchester between 2003 and 2009, helping the club under former manager Sir Alex Ferguson win three Premier League titles, a Champions League , the FIFA Club World Cup, two League Cups and one FA Cup
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.
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.
City were offered the 36-year-old Portuguese star, who had made it clear he wanted to leave Juventus, and were considered front-runners for his signature but decided the deal was not one they wished to pursue. The move will be a kick in the teeth for City manager Pep Guardiola, who only days ago saw his pursuit of Tottenham and England striker Harry Kane come to an end
City were offered the 36-year-old Portuguese star, who had made it clear he wanted to leave Juventus, and were considered front-runners for his signature but decided the deal was not one they wished to pursue.
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)
Ronaldo scored 118 goals during six seasons in Manchester between 2003 and 2009, helping the club under former manager Sir Alex Ferguson win three Premier League titles, a Champions League, the FIFA Club World Cup, two League Cups and one FA Cup.
'We've always had a good communication - I know Bruno (Fernandes) has been talking to him as well. He knows what we feel about him and if he was ever going to move away from Juventus, he knows that we're here.
The 36-year-old is set to return to Old Trafford for a £12.8million fee which could rise to £19.4million with add-ons after the club stepped in following the collapse of his talks with their fierce rivals Manchester City.
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.
Manchester United have agreed a sensational deal for superstar player Cristiano Ronaldo to return to the club, 12 years after he departed for Real Madrid. Above: The star with his long-term girlfriend Georgina Rodriguez
A club statement said: 'Everyone at the club looks forward to welcoming Cristiano back to Manchester'. Above: A tweet from Manchester United's official Twitter account simply read, 'Welcome home, @Cristiano'
United said the deal was subject to the agreement of personal terms, visa and a medical, which is being carried out in Lisbon. He will reportedly earn a salary of £480,000-a-week, making him by far the highest earner at United. Above: Ronaldo was pictured arriving in the Portuguese capital on Friday afternoon
United said the deal was subject to the agreement of personal terms, visa and a medical, which is being carried out in Lisbon. He will reportedly earn a salary of £480,000-a-week, making him by far the highest earner at United.
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.
Ronaldo scored 118 goals during six seasons in Manchester between 2003 and 2009, helping the club under former manager Sir Alex Ferguson win three Premier League titles, a Champions League , the FIFA Club World Cup, two League Cups and one FA Cup
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.
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.
City were offered the 36-year-old Portuguese star, who had made it clear he wanted to leave Juventus, and were considered front-runners for his signature but decided the deal was not one they wished to pursue. The move will be a kick in the teeth for City manager Pep Guardiola, who only days ago saw his pursuit of Tottenham and England striker Harry Kane come to an end
City were offered the 36-year-old Portuguese star, who had made it clear he wanted to leave Juventus, and were considered front-runners for his signature but decided the deal was not one they wished to pursue.
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)
Ronaldo scored 118 goals during six seasons in Manchester between 2003 and 2009, helping the club under former manager Sir Alex Ferguson win three Premier League titles, a Champions League, the FIFA Club World Cup, two League Cups and one FA Cup.
'We've always had a good communication - I know Bruno (Fernandes) has been talking to him as well. He knows what we feel about him and if he was ever going to move away from Juventus, he knows that we're here.