Investment immigration programs offered by Hungary and Bulgaria are seeing healthy levels of interest, although not on the scale of the programs in Cyprus, Portugal and Malta. Hungary has given permanent residence to 2,000 candidates, while 500 investors have been handed a Bulgaria green card in the last year. The major draws of the Hungary…
Australia is being urged to scrap its permanent residency-through-investment visa over fears it is overheating the property markets of major cities. Interest in the program has dropped dramatically since riskier investment classes were introduced, and now experts say the time has come to end it entirely. Under the program, candidates are granted permanent residency for…
The Portugal government says it has attracted investment worth €2.4 billion since introducing its permanent residence-by-investment program in 2012. Wealthy Chinese investors have made up most of the clientele, says Portugal’s Foreigners and Borders Service. Of the 3,888 candidates given permanent residency under the program, 1,100 of them were granted in 2016. Some 766 were…
The key finding of a new study is that immigrants start a disproportionate number of new businesses, helping create jobs and feed the American economy. Despite making up 15 per cent of the US labour force, 27 per cent of immigrants were classed as entrepreneurs in 2008, while 37 per cent of new businesses started…
Real estate experts say the Dubai property market could receive a significant boost if expatriate investors were given longer-term visas and the process was simplified. Multiple requirements for investors include the need for the property to be worth more than a million dirhams, for it to be entirely owned by the investor and located in…