Portugal’s golden visa has been highlighted as one of the chief drivers behind Lisbon’s emergence from economic difficulties. Global real estate agency Savills says the property market in the Portuguese capital is thriving thanks to the success of the investor program that was launched in 2012. The Savills report uses data up until 2015, pointing…
The lure of the security of a second passport and owning property in a more stable market is making rich South Africans consider investment immigration programs. Malta, Cyprus and Portugal appear to be the target destinations of ultra high net worth individuals seeking a second citizenship or a back-up residency with accompanying access to the…
Greece’s golden visa is losing out to rivals despite being among the cheapest residency-by-investment programs available in Europe. Just 1,000 visas had been granted through the program until the end of 2015, compared with 6,000 for a similar program in Portugal and 13,000 in Latvia. The Greek program requires a €250,000 property investment, which is…
The International Monetary Fund has congratulated St Kitts & Nevis for the dramatic improvements the country has made to its citizenship-by-investment program, once suspected of being a haven for financial criminals. Dr Inci Otker, an IMF advisor, says the transformation from a program shrouded in secrecy to one that is transparent about the way it…
The International Monetary Fund has congratulated St Kitts & Nevis for the dramatic improvements the country has made to its citizenship-by-investment program, once suspected of being a haven for financial criminals. Dr Inci Otker, an IMF advisor, says the transformation from a program shrouded in secrecy to one that is transparent about the way it…