investments
Russians became the second among foreigners in the number of residence permits in Spain received for investment
The share of Russians in the Golden visa program in Spain is close to 25 %. Russian citizens in terms of the number of residence permits received for investment are second only to the Chinese, writes Investment Migration Insider.
The Spanish residence permit program for investment in 2019 broke the record for the number of main applicants. According to the Spanish labor Ministry, the number of investors rose to 1,422 last year. While in 2018, 1,188 main applicants received the “Golden visa”. Continue reading
More than 5,000 foreign investors have been granted Turkish citizenship in two years
The decrease in the minimum investment required to obtain a country’s passport has led to a boom in the Turkish real estate market, writes Daily Sabah.
According to the Turkish interior Ministry, 5,111 foreign investors have received the country’s passport since the citizenship-by-investment program fell four times in price. Almost 9,000 more applications are still under review, says interior Minister Suleyman Soylu. In addition, another 1,382 investors have completed the process, but have not yet received the documents, he added. Continue reading
