20 Nov '13, 12am

#GlobalREBubble #EuropeBubble 'Chinese Grabbing Portugal Property-For-Residency Visas' via @SGPropertyGuru

Many other European nations offer similar schemes, including Spain’s ‘golden visa’ that was approved in September, which also has a €500,000 threshold. Neville de Rougemont regularly attends meetings in China to promote the benefits of the ‘golden visa’ scheme. The company has created a specific Investor Residency Legal package, which includes full assistance with the investment side, the residency application, residency permits for family members and with renewals. The International Monetary Fund (IMF) has finished its latest assessments of Portugal’s adjustment programme and approved a €1.9billion injection into the economy. It has now lent €24.34billion out of a total of €27.03billion it promised in 2011 as part of Portugal’s bailout programme.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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