Portugal’s Golden Visa’s Golden Run Continues— Investments Rise by 15% in 2017

Introduced in October 2012, Portugal’s Golden Visa has helped the country receive foreign investments worth around EUR 3.4 billion and has helped 5506 investors and 9212 family members to qualify for fast-track permanent residence in the country. With investments worth EUR 54.6 million in November 2017, which is a 14.6% increase as compared to EUR…

Investors Preferring the Golden Visa Route to Profit from Greece’s Economic Revival

Very low property valuations, a real-estate market that has bottomed out, twin advantage of long-term capital gains and short-term rental income, are some factors that have prompted wealthy Chinese and Russian investors to make a continued move towards Greece and its Golden Visa program. The Golden Visa investment immigration program offers permanent residence to foreigners…

EB-5 Visa-Yet Another Short-Term Reprieve Until January 19, 2018

The US EB-5 program has received yet another last-minute extension that now keeps the investment immigration program alive until January 19, 2018. The extension was voted and passed as a part of extending of Continuing Appropriations for all government services and programs. While the decision was widely welcomed, immigration experts and consultants hoped that this…

European Commission to Investigate Investment Immigration Programs

High-net worth individuals looking to become candidates in one of Europe’s investment immigration programs should act quickly following warnings of a potential European Commission crackdown. Several of the programs have been linked to fraud and offering EU residence to candidates who should not have passed vetting procedures. The likes of Portugal and Cyprus run highly…

Online Foreclosure Auctions Boost Greek Golden Visa

January 5, 2018 – Greece online foreclosure auctions are drawing Chinese nationals looking to snap up Greek golden visas in return for buying property. The recent move by the European country to put the auctions online is aimed at encouraging more Chinese investment, according to experts in the Greek real estate industry. With the Greek…