January 17, 2019
Portuguese parliament has just accepted a draft bill that would expand the Portuguese Golden Visa program with eco-friendly investment options. If it comes into force, it will enable international investors to get a “green visa” in Portugal.
Residency by investment in Portugal
Portugal offers residency to major international investors since 2012. Investment options currently include real estate investment, bank deposit, creating jobs, investment in local business, or donation for research activities or the maintenance of cultural heritage.
The new bill proposes to extend the range of projects available for investors looking for Portuguese residency. This is expected to support the achievement of Goals set out in the Portuguese Roadmap for Carbon Neutrality 2050.
Green Visa in Portugal
While the draft is still being attacked by the parliamentary opposition as being too vague, it lists the below areas to be made eligible in the investment residency program:
- Ecotourism projects – both promotion and development
- Organic farming investments – for the promotion and development of non-intensive organic farming initiatives
- Renewable energy projects – that focus on green “prosuming”, that is, producing and consuming energy from renewable sources (governed by Decree-Law 153/2014, by Ordinance No. 14/2015 and Portaria nº 15/2015)
- Carbon neutral investments – that contribute directly to the implementation of the Roadmap to Carbon Neutrality 2050
- Energy and Renewables Projects: Development of projects that are demonstrably energy efficient and that take at least 75% of its energy consumption from 100% renewable sources
The minimum investment amount would be EUR 500,000, similar to the projects currently available.
Portuguese residence permit for investment activity in ecological projects
One of the main attractions of the Portuguese Golden Visa program is that is in one of the fastest in the world, with a typical duration of just 2-5 months. The widening of the range of available projects through the green visa will now make it even more attractive, this way contributing not only to the national economy of Portugal but also to creating a more environmental-friendly world.
December 11, 2018
The Montenegrin Golden Visa program is launching on 1 January, 2019. Over the following 3 years, 2,000 investors will get the chance to obtain Montenegrin citizenship.
November 22, 2018
Over the last 10 years, the investment residency market experienced a massive expansion. While back in 2008 only 3 European countries offered a government-supported residency through investment program, today 26 countries do so, making up a EUR 5bn market.
October 17, 2018
After being in the works for some time now, it seems the long-awaited Montenegro Golden Visa program is finally launching. From now on, a simple investment in Montenegro can get you and your whole family Montenegrin citizenship.
September 26, 2018
This island country in south-eastern Europe is a full member of the EU and the Schengen zone, offering both a golden passport and a golden visa program. Since a Maltese passport grants you and your family the right to live, study, work and own land anywhere in the EU, as well as visa-free travel to more than 150 countries, the citizenship-by-investment program of Malta is excellent value for money. If you opt for a Maltese residence permit instead of full citizenship, you will still enjoy unrestricted travel within the Schengen zone in Europe.
September 4, 2018
Comparing several factors, Caribbean investment citizenship programs are the best, according to a recent survey by Professional Wealth Management, a publication from the London-based Financial Times. Read more
August 27, 2018
Moldova now joins the ranks of countries offering investment citizenship programs to international investors. Now with only a contribution of EUR 146,300 you can get Moldovan citizenship, and enjoy the benefits of local infrastructure and visa-free travel in Europe.
August 6, 2018
Despite Brexit and the recently enhanced scrutiny in applications for UK investment residency (or Tier 1 visas), the number of applicants in Q1 2018 is up by 46% as compared to the previous 12 months. Read more
July 30, 2018
As we also reported earlier this year, the Greek Golden Visa Program might get expanded. A detailed proposal has just recently been submitted to the Greek Parliament. If approved, several new ways will open to international investors for gaining EU residency.
July 24, 2018
After a debate that lasted more than a year, the Egyptian parliament finally approved the bill amending the law on the entry and residence of foreigners in Egypt. This means investors will be able to get Egyptian citizenship after 5 years in exchange for a bank deposit of USD 400,000 (EGP 7,000,000).
July 4, 2018
If you are interested in Serbian residency, you do not have to wait for the Serbian investment citizenship program to start. If you have a feasible business idea, you can also set up company, and apply for residency based on company operation.
June 19, 2018
Last week the PM of Mauritius, Pravind Kumar Jugnauth, while delivering the 2018/19 budget address to Parliament, mentioned that his administration is planning to introduce a citizenship by investment program this year.
June 6, 2018
The European Parliament has recently debated Golden Visa programs in the EU. These programs fall into the jurisdiction of each member state, and let international investors get European citizenship or residency in a fast track procedure. However, since they are relevant to the whole population of the European Union, the topic needed to be addressed on a higher level.
May 29, 2018
Living in Hong Kong? Would love to move to Europe, but not sure how? Just buy property in Hungary, and you are already here!
Buy real estate in Hungary
Set up a company for property management
Get Hungarian residency and visa-free access to Europe
It’s that simple! Contact us now!
May 16, 2018
The Greek Golden Visa is among the cheapest and simplest investment residency programs in Europe. If you invest in Greek real estate at least EUR 250,000, you can apply for Greek residency, and can receive your permit within just 6 weeks. Now the scope of investment might be expanded.
May 3, 2018
Portugal, located in the very south-west of Europe, boasts a Mediterranean climate, 3000 hours of sunshine a year and 850 km of beaches, making it a popular holiday destination. The country is not only attractive to short-term visitors, however: a favorable business environment and one of the fastest and most affordable European golden residency programs make it an attractive option for businesspeople looking to expand their travel and investment options.
April 17, 2018
There are many reasons why you might want to get a second citizenship. Whether you are looking for visa-free travel around the world, a safe second home for your family, a secure investment, or easier access to international business, a second citizenship might be in fact an affordable option, saving you time, hassle, and money.
March 22, 2018
Malta is located in the Mediterranean region of Europe between Italy, Tunisia and Libya. Its strategic location means it has excellent air links to both continents as well as the Middle East. It has also endowed the country with a rich historical heritage including Greek, Phoenician, Roman, Arabic, French and British influences.
March 7, 2018
European Golden Visa programs offer EU residency or citizenship in exchange for an investment that can boost the economy of the target country. The safest form of investment is real estate, as this way you come in possession of a physical object that can be resold at any time.
March 1, 2018
If you are looking for a Schengen residence permit to move freely within Europe, a safe and pleasant place to live and a lucrative investment opportunity, look no further than Hungary. Read more
February 21, 2018
At New Residency, our aim is to offer you the most comprehensive selection of golden visa programs. Since the individual preferences of those seeking a new passport or residency can vary significantly, we offer information about investment visa programs around the world, and let our clients choose the most suitable one for them.
February 14, 2018
The United Kingdom is one of the most influential countries in the world, known for its multicultural society, outstanding education system, comprehensive free health care and renowned finance sector. The UK golden residency program is the fastest and most predictable of all G8 countries, granting you permanent resident status leading to UK citizenship (with the 3rd best passport in the world).
February 7, 2018
Property investment is a popular way to golden residency in many countries. The Hungarian real estate market is a thriving segment, with prices steadily rising since 2014, making it an excellent area of low-risk investment. Through the Hungarian real estate residency program, property investment can also get investors EU residency.
February 1, 2018
The new startup hub of Europe
Portugal’s popularity as a European business destination has soared in the last few years. The country on the Atlantic coast has always been a popular holiday destination thanks to its climate, culture and gastronomy, but its newfound fame is mainly due to its booming startup culture. Combining an excellent education system, first-class health care, and a very favorable business environment, Portugal is home to more and more up and coming companies.
January 24, 2018
Located in the middle of the continent, Hungary is a full member of the European Union and the Schengen zone. With the Hungarian real estate residency program available exclusively from us, you can expand your business to the EU and enjoy full freedom of movement for yourself and your family.
January 17, 2018
The 2018 Henley Passport Index ranks countries according to how many countries passport-holders can access without a visa. If you are considering getting a second citizenship by investment, it can help you choose which one to go forward with. Most of the leaders have investment immigration programs, the best of which are all available at New Residency. Start browsing, and compare your options!
January 10, 2018
Malta is an island country located in the center of the Mediterranean sea, between Italy, Tunisia and Libya. It consists of several islands of varying size, only three of which are inhabited. The total population of the country is only around half a million. Malta is a full member of the EU and the Schengen zone, so Maltese citizens can travel visa-free to more than 150 countries including Australia, Canada, the USA and the UK.
January 3, 2018
Malta is a picturesque island country in the Mediterranean, and it is a member of the EU and the Schengen zone. Its rich history, high standard of living and excellent air links make it an attractive place to live or own a second home. Both tourists and expatriates are attracted to the country’s mediterranean climate, making it the warmest country in the EU. Plus, since English is an official language of the country, you will not have to overcome a language barrier when relocating to Malta. Read more
December 4, 2017
Could Vanuatu be a pioneer among golden passport programs? According to the Vanuatu Information Centre Network, the Pacific island nation has started accepting Bitcoin as payment in their investment citizenship program, Business Insider and Fortune reported.
November 27, 2017
The 2017 edition of the Global Citizenship Forum was held on the Montenegrin island of Sveti Stefan in October 2017. The star-studded event featured philanthropists, political and business leaders and prominent artists from all over the globe, discussing what it means to be a citizen of the world. The location was by no means accidental: the upcoming golden passport program of Montenegro is among the most anticipated by industry insiders.
October 16, 2017
Thanks to its European Union and Schengen zone membership, a Hungarian residence permit allows you and your family to travel visa-free within most of Europe. Even though the golden residency program based on government bonds has recently been closed, you can acquire Hungarian residency with a real estate investment program exclusively available from us.
October 2, 2017
Out of consideration for the current hurricane season, the government of St. Kitts and Nevis decided to launch a new option in their citizenship program. From now till March 2018, you can get St. Kitts and Nevis citizenship for yourself and your family for only USD 150,000.
October 1, 2017
Since the Hungarian residency bond program was cancelled in April 2017, there was no fast-track way to Hungarian residency. Now you can again choose a simple procedure in the Hungarian Real Estate Residency Program.
September 5, 2017
One of the last immigration rules approved under Obama’s Presidency was the so-called “startup visa program” for investors. This would have allowed foreign entrepreneurs to reside in the USA if they have secured sufficient funding for expanding their company.
August 28, 2017
Georgia lies on the eastern side of the Black sea, located right on the border of Europe and Asia. With its mild climate and developing economy, it is an ideal venue for business or relocation.
August 22, 2017
The Georgian investment citizenship program has been introduced this summer. While the promotional period is still on, the standard investment has also been lowered to just EUR 300,000.
August 10, 2017
Europe is one of the most popular relocation destinations in the world. Thanks to the EU and the Schengen zone, residents can enjoy fully free movement and free trade within the EU, while citizens also get visa-free access to over 160 countries. Here are the European golden passport and golden residency programs offering the best value for money for investors.
July 3, 2017
Today is the last day of the Investment Migration Forum, a 3-day event held yearly to discuss trends and policies in international migration. Experts also touched upon the Hungarian Residency Program, and mentioned that there is a possibility that it might restart soon.
June 7, 2017
Georgian citizenship gives you visa-free access to all countries of the Schengen zone. It has just been confirmed that the citizenship program is now live! This means that for a donation of EUR 250K you and your family can enjoy the privileges of Georgian citizenship within a month!
May 15, 2017
Although Georgia is not a member of the EU nor the Schengen zone, its citizens can travel visa free to any of the Schengen countries since March 2017. The Caucasian country is soon to introduce a golden visa program of its own, offering citizenship to international businessmen.
April 28, 2017
In several second citizenship and permanent residency programs, investment in real estate is a standard method of becoming eligible for the program. Let’s consider the advantages of this kind of investment.
Many businesspeople consider buying real estate safer than purchasing government bonds or making an investment in local business. When you buy real estate, you actually, physically get something for your money, and you will be in full control of what happens to your purchase.
As a businessperson, you might have several reasons for opting for a second citizenship or second residency. The so called golden visas can let you relocate your family, extend your business, or travel visa-free to certain destinations without all the administrative hassle. These programs usually require a significant financial commitment. But what if you do not have the total sum at your disposal? This is when you can opt for a financing option.