Online Foreclosure Auctions Boost Greek Golden Visa

Greece Amends Golden Visa Program to Curb Money Laundering Risks

The Greek government has introduced significant changes to its golden visa program. The changes have been introduced to strengthen credibility and to make it tougher for applicants to misuse the program for money laundering activities.  Greece’s golden visa offers a fast-track route to permanent residence to investors buying real estate worth €250,000 in the country.…

Bulgaria Set to Terminate Controversial Citizenship by Investment Program

Bulgaria Set to Terminate Controversial Citizenship by Investment Program

Bulgaria’s citizenship by investment programhas been called out by the European Commission for posing significant security, money laundering, tax evasion and corruption risks. Bulgaria introduced its investment immigration program in 2005 followed by multiple amendments aimed at making it easier for wealthy investors to qualify for citizenship.  It operates two programs: The first program offers citizenship…

Lisbon’s Emergence from Recession Driven by Golden Visa Investment

Portugal Expands Golden Visa Program To Offer Green Visas

Portugal has expanded its golden visa program and introduced a new asset class into which wealthy applicants can invest in to qualify for permanent residence in the country.  Introducing Green Visas Portugal’s legislature has approved the proposal to expand the golden visa program to include environment projects as an eligible asset class.  Going ahead, investors…