Golden Visa

Decline in the number of applications for Greek “Golden Visa”

The number of new applications for residence permits through the “Golden Visa” program declined significantly in April, showing the first signs of de-escalation. Based on data from the Ministry of…

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US interest in Greek Golden Visa has surged by 50% after Trump’s election

The Trump effect and the imminent ending of Spain’s Golden Visa scheme continue to boost American interest in Greece’s five-year residence card program based mainly on realty investments, with a…

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29

Nov

Cyprus revokes more high-profile ‘golden’ passports

Cyprus has revoked more passports from people who had acquired citizenship through its controversial “golden visa” scheme. The passport-for-cash program, which was suspended in 2020 under mounting pressure, granted foreigners…

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Greek Golden Visa scheme drives prices up

A further rise in the minimum invested amount required for foreigners to obtain a so-called Golden Visa has boosted house sales, especially in Piraeus, the capital Athens’ port. Starting September…

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Portugal to use golden visa scheme to help migrants, build affordable homes

Portugal plans to adapt its golden visa scheme to allow wealthy foreigners seeking residency rights to invest in affordable housing for locals or accommodation for migrants, the cabinet affairs minister…

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Greece raises bar for ‘golden visas’

Greek authorities have decided to raise the minimum property purchase price for the "golden visa" scheme, which grants residency rights to foreigners in exchange for buying real estate, from 250,000…

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In Greece, Golden Visa program sees steady increase in applications

New applications in Greece for five-year residence permits through the Golden Visa program continue unabated, as 1,299 new applications were submitted in the first two months of this year, compared…

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Spain to scrap ‘golden visas’ for foreign real estate investors

Spain will scrap the so-called golden visa programme granting residency rights to foreigners who make large investments in real estate in the country, Prime Minister Pedro Sanchez told reporters on…

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Greece to raise investment price for ‘golden visas’, PM says

Greece is planning to further raise the investment threshold for "golden visas" to foreigners to 800,000 euros ($861,520) for real estate in cities and islands where demand is high, Prime…

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Hungary government to relaunch ‘golden visa’ programme

BUDAPEST, Nov 16 (Reuters) - Hungary's government has submitted the outlines of a new "golden visa" programme to parliament as part of a draft bill regulating immigration from third countries…

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Australia’s visa overhaul leaves Chinese millionaires in limbo

By Stella Qiu SYDNEY (Reuters) - In 2018 Paul Wang left his home in Beijing to start a new life in Australia, investing A$1 million ($680,000) in a food processing…

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Spain considers ending or curbing controversial ‘golden visa’ scheme

MADRID (Reuters) - Spain could pull the plug on its so-called "golden visa" scheme that grants residency rights to foreigners who invest in real estate in the country, according to…

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Portugal ends Golden Visas, curtails Airbnb rentals to address housing crisis

By Patricia Vicente Rua and Catarina Demony LISBON, Feb 16 (Reuters) - Portugal announced on Thursday a hefty package of measures to tackle a housing crisis, including the end of…

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UK ‘golden’ visas review finds risk of links to illicit money

LONDON, Jan 12 (Reuters) - The British government said on Thursday that a small number of people who had obtained so-called "golden visas" for rich investors might have obtained their…

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UPDATED: UK could revoke existing ‘golden visas’, minister says

LONDON, Feb 18 (Reuters) - Britain could revoke so-called "golden visas" already issued to people living in the country, its security minister said on Friday, a day after the government scrapped the…

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“Golden visas” in the UK for wealthy foreign investors are expected to be scrapped

The so-called “golden visas” offering fast-track residency in the UK for wealthy foreign investors are expected to be scrapped by the British government amid concerns over links between Russia and…

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Golden visas in Portugal bring in €742M in 2019

The investment raised by the golden residence visa scheme for foreigners in Portugal fell by 11.4 percent in 2019, compared to the previous year, to €742 million. According to data…

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Golden visa investment scheme in Portugal falls 23%

Investment in so-called “golden” visas, the process whereby non-EU citizens can “buy” residence visas in Portugal, fell 23 percent in the first half of the year. A total of 7,583…

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Chinese, Turkish and Russians dominate Greek Golden Visa program

In Greece, the residence permits issued last year to citizens of countries outside the European Union who bought properties for at least 250,000 euros each grew 46 percent from 2017,…

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Greek Golden VISA Programme leading to mass evictions of rented property to make way for AirBnB properties

Greek government scheme that grants visas to non-EU citizens in exchange for €250,000 (£219,000) property investments is leading to mass evictions, with renters removed from their homes to make way…

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Greece to expand “golden visa” programme

The expansion of the “golden visa” foreign investors incentive program is among the priorities of the Economy and Development Ministry of Greece. At a press briefing on the Ministry’s plan…

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