Portuguese citizens look set to become eligible for US E1 and E2 visas, pending a reciprocal visa scheme being set up by the government of Portugal for US citizens, and approval from the US Senate and President Trump. The US House of Representatives passed the AMIGOS (Advancing Mutual Interests and Growing Our Success) Act in December 2019.
- Citizenship by Investment
- Eb-5 Visa
- Global Citizenship
- Immigration by investment
- Investment Visa
- Investor Visa
- Residency by Investment
Portugal stands in top three countries in the Global Peace Index ranking it the safest country in the world. According to its official website, “The United States does not have a better friend than the country Portugal,” said Cicilline. “Rhode Islanders know this better than most, and the members of our prosperous Portuguese-American community make a rich contribution to the art, culture, business, and public service of our state, and I am proud to present this bill today.
Advocates of millionaire migration in Canada are citing the economic impact of Covid-19 as they push to revive the controversial Federal Immigrant Investor Programme.
But the scheme, once dominated by immigrants from Hong Kong and then mainland China, has been linked by critics to housing unaffordability, low tax revenue, fraud and other failings.
Emigrating abroad has always been a popular choice for Brits wanting to relocate to sunnier climes for a better quality of life. But, as the UK eases out of lockdown in a phased three-step plan, many things have been left rather open-ended, with still more questions than answers regarding the post-Covid-19 world.
Portugal’s reputation as a safe haven grows
Portugal has earn international respect for its calm but strong response to the coronavirus, with only 30,788 confirmed cases reported and 1,333 deaths despite its close proximity to Spain.
At present, F1 is planning a second race in Italy for September 11-13, either at Mugello or Imola that would mark Ferrari‘s 1000th grand prix.
With Singapore now officially cancelled, the weekend on which it was due to be staged provides a gap before the first planned race in Russia on September 25-27, with Sochi officials hoping to run a double-header.
Investment raised through golden visas almost tripled (192 percent) in May, compared to the same month of 2019, to €146 million, according to statistics from the Foreigners and Borders Service (SEF).
Last month, the total investment resulting from the granting of Residence Authorisation for Investment (ARI) reached €146,168,473.40, which represents an increase of 192 percent compared to the €50 million recorded in May 2019.
India’s foreign-exchange reserves are at a record and approaching the $500 billion mark, and yet, the rupee is Asia’s worst performer over the past three months.
That’s because the Reserve Bank of India doesn’t seem to be in a mood to give the currency a free run even as most of its regional peers have rebounded from the virus-induced selloff. Indonesia’s rupiah, the rupee’s high-yielding counterpart, is leading the gains.
Portugal, already a highly popular holiday, second home and retirement destination for Brits, has been widely praised for the way it has handled the coronavirus crisis, locking down early and keeping death and infection rates relatively low.
Blevins Franks, a financial planning firm for UK nationals investing abroad, last week held a webinar entitled ‘Moving to & Investing in Portugal – A safe haven for investment in the post-C19 era’, where it looked at investment in the country from a tax, legal and property perspective in a post-pandemic world.
Property prices across Portugal have risen by 12%, according to market research published today, defying predictions of a downturn amid the country’s state of emergency as the covid-19 virus continues to spread.
Imovirtual has reported that property asking prices across Portugal have experienced a 12% increase suggesting that, despite the ongoing covid-19 crisis, Portugal’s housing market remains resilient.
COVID-19 may well give rise to the mother of all economic crises. Fortunate, then, that economic crises are the father of investment migration programs.
As the world battles COVID-19, we’re becoming more and more concerned about the pandemic’s financial impact. For many businesses worldwide, 2020 is already a complete write-off; few expect much in the way of profit and most will be happy to merely survive.