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From the last quarter of 2019 to the first quarter of 2020, the number of prospects who filed an application for citizenship programs after receiving a consultation also increased by 42 per cent, the company said.
To apply, non-EU nationals must make a significant investment in Portugal, such as buying real estate. They are then given residency rights and are allowed visa-free travel throughout Europe's Schengen area.
Vasco Silva, the CEO of Kleya, which helps foreigners move to Portugal, said his company had received many queries about what was going on, adding that some investors had rushed their decision just incase the programme was altered or binned.
A CNN Travel report revealed the number of people looking into these options have soared by 49 per cent between January and June from the same time last year, according to London-based global citizenship and residence advisory firm, Henley & Partners.
nothing a pound in the uk is the currency and a quid is a slang word for a pound so therefore the same.
The Portuguese branch of anti-corruption group Transparency International (TI) has said the programme could be used for money laundering, while the European Commission has said it considers such schemes a potential security risk.
Britain scrapped golden visas in February following the Russian invasion of Ukraine amid concerns about the inflow of illicit Russian money. Portugal suspended golden visas for Russians, but 431 had already benefited from the scheme since the time of its launch, according to SEF. ($1 = 0.9497 euros) (Reporting by Catarina Demony; Editing by Crispian Balmer)
Americans may have been forced to abandon all international travel plans thanks to strict border restrictions due to the coronavirus pandemic - but there is a way around the ban that will cost a pretty penny.
"We are not allowing entrance to criminals or money for which we do not know the source," Silva said. If you have any concerns regarding where and how you can utilize Invest Golden Visa, you can contact us at our internet site. "Exceptions can happen but it will be one in 10,000 or two in 10,000 and of course those are the ones that go public."
Depending on the country and program, foreigners are granted permanent residency or citizenship in exchange for pumping money into the host country's economy through real estate, infrastructure or government bonds.
A new report has revealed the wealthy are buying their way out of the COVID-19 lockdown through expensive investment migration programs that will allow them to travel more easily to other parts of the world at a time when the U.S. passport has become virtually worthless.
LISBON, Dec 11 (Reuters) - Investments through Portugal's "golden visa", which gives wealthy foreigners residence rights, jumped nearly 50% last month, data showed on Sunday, as the government considers whether to scrap the controversial scheme.
From the last quarter of 2019 to the first quarter of 2020, the number of prospects who filed an application for citizenship programs after receiving a consultation also increased by 42 per cent, the company said. To apply, non-EU nationals must make a significant investment in Portugal, such as buying real estate. They are then given residency rights and are allowed visa-free travel throughout Europe's Schengen area.
Vasco Silva, the CEO of Kleya, which helps foreigners move to Portugal, said his company had received many queries about what was going on, adding that some investors had rushed their decision just incase the programme was altered or binned.
A CNN Travel report revealed the number of people looking into these options have soared by 49 per cent between January and June from the same time last year, according to London-based global citizenship and residence advisory firm, Henley & Partners.
nothing a pound in the uk is the currency and a quid is a slang word for a pound so therefore the same.
The Portuguese branch of anti-corruption group Transparency International (TI) has said the programme could be used for money laundering, while the European Commission has said it considers such schemes a potential security risk.
Britain scrapped golden visas in February following the Russian invasion of Ukraine amid concerns about the inflow of illicit Russian money. Portugal suspended golden visas for Russians, but 431 had already benefited from the scheme since the time of its launch, according to SEF. ($1 = 0.9497 euros) (Reporting by Catarina Demony; Editing by Crispian Balmer)
Americans may have been forced to abandon all international travel plans thanks to strict border restrictions due to the coronavirus pandemic - but there is a way around the ban that will cost a pretty penny.
"We are not allowing entrance to criminals or money for which we do not know the source," Silva said. If you have any concerns regarding where and how you can utilize Invest Golden Visa, you can contact us at our internet site. "Exceptions can happen but it will be one in 10,000 or two in 10,000 and of course those are the ones that go public."
Depending on the country and program, foreigners are granted permanent residency or citizenship in exchange for pumping money into the host country's economy through real estate, infrastructure or government bonds.
A new report has revealed the wealthy are buying their way out of the COVID-19 lockdown through expensive investment migration programs that will allow them to travel more easily to other parts of the world at a time when the U.S. passport has become virtually worthless.
LISBON, Dec 11 (Reuters) - Investments through Portugal's "golden visa", which gives wealthy foreigners residence rights, jumped nearly 50% last month, data showed on Sunday, as the government considers whether to scrap the controversial scheme.
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