Australia halts ‘Golden Visa’ under broad migration overhaul

Australia halts ‘Golden Visa’ under broad migration overhaul

Australia has paused applications for individuals who invest more than A$5 million ($3.3 million) into the country as part of a broader immigration policy overhaul designed to entice more skilled migrants.All applications for the Significant Investor or “Golden Visa” program have been halted. Home Affairs Minister Clare O’Neil said the visa was one of “many … Read more

Hungary government to relaunch ‘golden visa’ programme

Hungary government to relaunch ‘golden visa’ programme

BUDAPEST: 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 to Hungary. The bill, submitted on Tuesday, introduces the category of “guest-investor visa”, for people who are coming to Hungary affiliated with projects that received the label of “strategically … Read more

Lure of Golden visa or investment returns? Indians become largest real estate investors in Dubai; dethrone British

Lure of Golden visa or investment returns? Indians become largest real estate investors in Dubai; dethrone British

Indians have emerged as the largest investors in Dubai’s real estate market. According to the Betterhomes Residential Market Report quoted by ET, Indians have surpassed other nationalities to claim the top spot in the second and third quarters of this year. Earlier in the year, British investors held the lead position. This shift in rankings … Read more

Indonesia offers ‘golden visa’ to entice foreign investors

Indonesia offers ‘golden visa’ to entice foreign investors

JAKARTA: Indonesia is introducing a golden visa scheme to attract foreign individual and corporate investors in an attempt to boost its national economy, a statement from the ministry of law and human rights distributed on Sunday said. “The golden visa is granting a residence permit for an extended period of five to 10 years,” director … Read more