Lebanese Looking For Back Up Residency Turning To Portugal

Portugal’s residency-by-investment program may be dominated by Chinese investors, but citizens of Lebanon are also emerging as key candidates. Within the Middle East riven by the impact of Syria’s bitter civil war, Lebanese nationals are the number one investors from the region in the Portuguese ‘golden visa’ program. The program offers residency in return for…

Hungary and Bulgaria Enjoy Investment Immigration Success

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 Urged to End Residency-Through-Investment Program

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…

Portugal Golden Visa Program Sees €2.4b Flood into Economy

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…