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AIMA Begins to Count Waiting Time for Citizenship Applications
AIMA now started to count waiting times for residence permits for citizenship applications filed by immigrants in Portugal. According to local news reports, The Agency for Integration, Migration and Asylum (AIMA) is already taking into account calculating the waiting time for a residence permit in Portugal when calculating the deadline for applications for Portuguese citizenship,…
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Malta Sees Surge in Residency Applications
Malta permanent residency program has received record number of last minute applications during December month, before new prices go into effect from Jan 1, 2025. Earlier the agency announced new fee structure for Malta Permanent Residence Program (MPRP) “With the recent changes in the fee structure, December witnessed a record number of applications, surpassing previous…
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Greece Expands Golden Visa to Startups
Greece has expanded golden visa program to include new startup option, providing a red carpet welcome to young founders to actively participate in building the future of Greek entrepreneurship through Elevate Greece Startup ecosystem. Greece is home to many aspiring entrepreneurs who are working on promising new ideas and innovative business models The size of…
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Hungary Cancels €500k Real Estate Option for Guest Investor Visa
The Hungarian Government has removed the buying properties for Golden visa (guest investor) program, in an abrupt last minute move to protect the country from rising property rents and overvaluation of the property market. The Guest investor visa program for real estate investors was scheduled to start on Jan 1, 2025. The amendments to the…
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Spain Votes to End Golden Visas
Spain is inching closer to eliminating golden visa to third country nationals and foreign investors, after successfully operating the investor visa scheme for 13 years. More than 14,000 residence visas issued under the scheme and close to 7 billion euros investment. The Spanish government has taken a decision to end golden visas, citing the scheme…
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Why Golden Visas are Superior to Caribbean Citizenship
Golden Visa Programs in Europe have been more appealing to international investors seeking migration and residency in one package. Golden Visas are expected to grow to $50 billion industry post 2025 in Europe alone. Portugal, Hungary, Spain, Malta and Greece have scored big, attracting billions through their Golden residence programs. Golden Visa programs typically allow…
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Hungary Received 100+ Golden Visa Applications
Hungary has received 109 applications for Guest investor visa program, of which 11 investors have received Guest investor residence permit as of Sep 30, 2024, according to National Directorate of Immigration . Hungary Launched Guest investor visa program in June 2024. Currently the €250,000 investment fund route, open for investment applications. The National Directorate of…
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AIMA Boosts Processing Capacity of Immigration Applications
The AIMA immigration office has increased the processing capacity of immigration applications to reduce the backlog of pending applications seeking residence permits in Portugal. Current AIMA is able to serve 6000 immigrant appointments per day, from the previous 800), that is a seven fold increase in service capacity, the Minister Antonio Amaro announced. AIMA has…
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Application Stages for Hungary Guest Investor Visa
The Hungarian guest investor visa program comprises of several stages from initial application to investment to citizenship under the investment fund option. The processing time is approximately 4-6 months. 1. Initial stage 2. Entry visa application Schengen Visa Holders If you already hold a schengen visa or residence permit issued by EU schengen states, then…
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Portugal Prime Hospitality Fund – A High Yield Golden Visa Investment
We offer clients a premium investment fund in Portugal that offers 10% IRR and low risk, eligible for Golden visa program. The minimum subscription to this fund is €500,000 euros to secure portuguese golden visa and later Portuguese passport after 5 years. Portugal Golden Visa Portugal Prime is a GV-eligible fund that invests in prime…