In Spain, several programs and initiatives have been launched in recent years to attract new residents to the country’s villages. They can be offered a guaranteed job, a home, and even thousands of euros in cash. This is how municipalities fight depopulation. After all, many Spanish villages were deserted, and even Ghost towns appeared in the country.
Ponga, located in Asturias in the North of the country, was one of the villages trying to make up for the lack of inhabitants. Continue reading
How does the EB-5 program work?
A foreign investor can get a residence permit (green card) for an investment of $ 900 thousand in a new commercial project in the United States. Together with the investor, the residence permit will be issued to his family members: spouses and children under the age of 21 who are not married.
The EB-5 program was introduced by Congress in 1990 to stimulate the US economy: attracted investment creates jobs for US citizens. Continue reading
On March 12, stock markets experienced a record drop in quotations. The leading American indexes lost 9.5–10 %, European ones fell by 12-17 %, and Russian ones fell by 8.3-11 %. For the first time in four years, the dollar exchange rate reached 75.5 rubles, and the Euro exchange rate exceeded 84 rubles. Investors are responding to the threat of isolation due to the spread of the coronavirus.
On Thursday, March 12, trading on us exchanges led to a rapid drop in quotations and the renewal of multi-year lows. Continue reading